Digital Services

The digital strategy model developed by Trendonix is intended to provide rigour to the blueprinting phase of an organization. Each digital strategy roadmap engagement is tailored to your needs and results in five major deliverables that address the following questions:

DIGITAL VISION

What is the impact of digital transformation on your industry? What new services, business models, and operating methods can it enable? What new foes can it bolster?

EVALUATION OF COMPETETIVE ADVANTAGE

What impact does digital have on competitive advantage? What are our strengths and weaknesses? Where do we have a disadvantage over others?

PRIORTIZATION OF DIGITAL BETS

Which digital opportunities align with your business strategy’s value potential, as well as your ambitions and capabilities? What’s the best way to go about pursuing them?

GAPS ANALYSIS

What gaps in competencies, organisation, and processes must be filled to succeed, based on your bets?

TRANSFORMATION BLURPRINT

For each of your programmes, what are the timelines, goals, and accountability? What steps must be taken for financing the digital journey?

In certain circumstances, the emphasis is on sketching up a detailed plan for a complete digital transformation. Others aim to establish a vision for—and a strategy for pursuing—the most appealing digital growth prospects. Also sometimes, the goal is to resurrect existing digital transformations by creating an unifying strategy to get diverse digital efforts across divisions and departments back on track.

A world-class innovation system that is strategy-led, internally consistent, and adaptable enough to drive serial success through an ongoing innovation journey is a must to separate the best from the rest.

INNOVATION STRATEGY

To create an innovation strategy that best compliments the entire business plan, we start by examining both outside and inside. Outside to gain a better understanding of the important trends influencing customer economics and demand, as well as to identify the most promising areas for innovation investment. Inside, to comprehend the client’s innovation system’s strengths and shortcomings. By identifying the most critical areas for investment, the strategy allows the innovation system to gain traction.

INNOVATION SPRINTS

It is required, but not sufficient, to have a strong innovation strategy. In a world where product and business model life cycles are shrinking, value creation necessitates deliberate action—and speed. We use a sprint-based methodology with clients to build and launch minimal viable products that are in line with the goal. This “test and learn” strategy evolves offerings, with the less successful ones being discontinued to free up resources for other ventures.

BUILDING AND SCALING UP A BUSINESS

To get the most out of your innovation investments, you need to be able to establish product-market fit and scale the most promising ideas quickly. We collaborate closely with customers to assist them in moving from experimentation to implementation of a new product, service, or business model.

INNOVATION ENABLEMENT

Progressively, innovation success necessitates the ability to constantly develop new innovation muscles—or the ability to bring in knowledge and capabilities from outside sources. We assist companies in identifying important capabilities and determining the best way to acquire them, whether through corporate venturing, partnership, acquisition, or internal growth.

For firms embarking on a digital transformation, digital maturity is a measure of an organization’s ability to create value through digital capabilities, which is a critical predictor of success. Businesses with high degrees of digital maturity have a competitive edge in terms of revenue generation, time to market, cost efficiency, product quality, and customer satisfaction, among other metrics. These advantages are difficult to acquire for businesses with low levels of digital maturity. The gap between digital leaders and laggards is projected to widen as digital continues to contribute to organisational performance.

We help companies conduct a digital capability assessment and compare their digital performance with their peers, best-in-class digital leaders, the industry average, and everyone in between. It also assesses their readiness to become a bionic company, that is, to blend new technologies with human capabilities to power innovation, growth, efficiency, sustainability and resilience.