digital communication transformation - adare sec · research1 found that 30% of those questioned...
TRANSCRIPT
Digital Communication Transformation
© Copyright Adare SEC 2019
Contents
Introduction
What does digital communication transformation mean?
What are the key stages
Stage one: What do I want to achieve
Stage: two: How do I achieve this?
Stage three: Which digital communications technologies are right for me?
The benefits
In summary
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The term ‘digital communication transformation’ has been
used to describe everything from creating a fully responsive
mobile website to developing a comprehensive social media
strategy. It’s something of a catch-all phrase that is often rolled
out when organisations want to assure clients and employees
alike that they are technologically sophisticated with the most
up to date procedures in place.
In reality, true transformation needs to involve much more
than just the end product.
While there is no shortage of information available about the
digitisation process, much of this is more of a hindrance than
a help to busy CEOs who may be unfamiliar with some of the
terminology or jargon involved.
What the majority really want to know is what exactly is a
digital communication transformation? How and in which
areas will it help my organisation? What costs are involved? Is
this something we need or is it just the latest buzzword?
Those who decide to proceed will need to understand the
process itself and what is required – whether this is a short-
term fix or a longer-term strategy that necessitates a detailed
plan on how to proceed.
With digital communications in particular, highly persuasive
arguments exist that are in favour of a digitisation process.
However, in order to fully understand what the process
involves and the benefits that can be gained, it is vital to
address potential barriers.
Larger companies operating in traditional sectors may be less
receptive to change than smaller, agile concerns that already
have long-term digital strategies in place.
Others may have large, unwieldy legacy computer systems
installed that may be perceived to be a problem, or an already
stretched IT team unwilling to take on a further challenge.
Whatever the perceived barrier, solutions exist to allow any
organisation, regardless of size or sector, to implement an
effective, relevant digital communications strategy that could
transform the way you interact with your customers.
Introduction
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Usually when organisations talk about their digital
transformations, they are referring to technologies such as
artificial intelligence (A1), machine learning and big data, that
can be used to enable businesses to run faster and smoother.
It is without doubt that there are some ground-breaking and
exciting technologies on the market that can help businesses
be slicker and more efficient. The use of chat bots, for example,
is now relatively commonplace in sectors such as financial
services while today, there is arguably more value in mining
data as there is in mining minerals.
However, not all digital developments are relevant to
communications in particular. For digital communications, the
key lies in identifying the developments that will transform the
way organisations communicate with both their employees
and their customers.
For many, this may begin with a switch from paper to digital;
replacing printed, posted documents such as statements and
bills with digital versions while using channels such as SMS,
live chat, online portals or email to communicate directly with
clients. The process of moving documents and workflow to a
digital platform is not something that happens overnight, it is
an ongoing and evolving process.
Regardless of sector, it is vital that businesses react fast to
remain agile and to avoid being left behind.
It’s also a journey that requires responsiveness and the
flexibility to integrate with existing systems. If it’s not
approached cohesively, it won’t work and wastes valuable
resources, time and budgets.
Today’s customers have expectations based on a knowledge
of technology currently available on the market. An un-
personalised, automated mail addressed to a ‘dear member’
and containing general or, worse still, irrelevant information
is likely to be met with disdain and consigned swiftly to the
waste basket. Future messages from the same sender are likely
to meet with a similar fate.
Tech-savvy consumers know that capabilities exist to
personalise communications; to send only relevant messages
tailored to that individual’s interests and in a preferred
format, whether this be SMS, email or in some cases as a print
document. Where digital communications are concerned,
some may prefer to read emails during their morning
commute whereas others are more likely to respond to
messages sent at the weekend when they have time to fully
digest the contents.
Communications have always been a two-way street and
consumers expect organisations to be ‘always on’, ready to
receive and respond to messages 24 hours a day, seven days
a week. Mobile technology has had a huge part to play in this,
allowing access anytime and anywhere.
Research1 found that 30% of those questioned believed digital
transformation involved changing the very culture of an
organisation. Around a quarter believed it referred to ‘ways of
working’ while just 8% believed adopting new technology was
at the forefront of digital transformation.
This final figure is particularly telling. Rather than the
technology itself being a driving force for change, it is instead
an enabler, giving people ways in which to organise their work
and personal lives, a chance to do things better.
Adopting a people-centred approach is, therefore, a
game-changer when introducing digital changes into your
communications strategy. Continue to ask ‘what can this do for
people? For my customers?’ Adopting an agile, multi-channel
digital strategy will not only help identify customers’ preferred
communication channel but will ultimately lead to improved
customer engagement.
It is worth noting, however, that some customers will always
want to receive printed documents, for a variety of reasons.
They may be less familiar with or less trusting of digital
channels; others may simply prefer to keep a printed record of
transactions.
What does digital transformation mean?
1 Research by Organic published in Marketing Week https://www.marketingweek.com/2016/04/14/what-does-digital-transformation-really-mean/
© Copyright Adare SEC 2019
The old adage that failing to prepare is preparing to fail
can without doubt be applied to the digitisation process. A
poor initial understanding of what a digital communication
transformation is and what it can achieve inevitably leads
to organisations starting a process without a coherent plan
or clear end goal in mind, which in turn results in disjointed
implementation and unsatisfactory conclusions.
Statistics2 show that the vast majority of start-ups – some 95%
– have digital business plans in place compared with 87% of
enterprises founded 50 years ago or more. More than half of
start-ups have already implemented this digital strategy yet
just 38% of established companies have adopted a plan.
The benefits of integrating digital communication with
print and paper are varied and far-reaching, from improving
sustainability through reduced paper usage, to lowering costs
and speeding up processes.
Key to formulating a successful strategy is understanding
what you want to achieve. This may be increased customer
satisfaction, underlining success as a digital-first business
where market-leading technology is used to meet and
exceed customer experience expectations and improve the
communications process.
Others may prioritise increasing employee productivity
through technologies such as AI and data access, while for
some the use of data availability and visibility to achieve
better management of business performance will be critical.
Understanding what you hope to achieve is key to formulating
the right transformation plan for your business.
What are the key stages?
Stage one: What do I want to achieve?
2 https://www.forbes.com/sites/louiscolumbus/2018/04/22/the-state-of-digital-business-transformation-2018/
95%
of SMEs recently founded have
digital business plans in place
87%
of businesses founded 50+
years ago have digital business plans in place
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For organisations looking to introduce digital communication
channels, what may appear to be significant challenges are
rarely insurmountable, particularly with guidance from an
expert.
One such potential hurdle is company culture. A successful
integration of digital technology with existing paper channels
requires the business to be fully on board, particularly at top
level.
Ensuring a buy-in at boardroom level may be more of a
challenge for long-established companies than smaller, more
agile organisations. However, this is a crucial step as without
support from the top, it can be significantly more difficult to
make an impact. Without management support to drive plans
forward, it may be perceived that there is no need for change.
If you can demonstrate that digitisation will be valuable to
customers, and that technology will help deliver what is
required, this will help drive the argument for change – and
help persuade those in control of the purse strings that
investment in new technologies is money wisely spent.
Existing legacy systems should not be considered a barrier
to change, despite it being difficult to imagine existing
systems generating the output required. Many businesses
will have invested significantly in systems focused on creating
personalised print as opposed to digital messages – and
employees will have been trained accordingly.
Fortunately, it is possible to incorporate the latest
technologies into existing systems, without starting from
scratch or taking support teams away from urgent day-to-
day tasks. The latest document composition systems enable
almost any data format to be ingested and used to create
digital output, regardless of whether that data is in a raw
format, stored in a database or composed ready for printing.
Content can be extracted from virtually any source then used
to create fresh digital messages.
One potential hindrance to a smooth digital transition is a
skills gap that continues to widen. According to research3, only
12% of executives currently believe graduates have sufficient
digital skills, down from 20% in 2017. Just 16% believed their
current teams could deliver their digital strategy while half
of executives questioned thought their board had a clear
understanding of AI.
In a survey of Yorkshire businesses4, resource constraints and
a lack of digital expertise were holding many companies back
in their digitisation process, despite 88% stating that their
website was crucial to their company’s success.
To address this, and to reman ahead of the curve, many
organisations choose to collaborate with an expert solutions
provider. Working with a trusted partner with the appropriate
expertise can save you time and resources by mapping out the
most effective journey for your needs. Leading providers will
gain a full understanding of a business’ needs and goals before
suggesting the most efficient steps to take.
This can range from creating documents from scratch through
to delivery using the most appropriate channels and even
processing inbound communications. Some may offer
the option of secure storage and 24-7 document retrieval
capabilities.
Stage two: How do I achieve this?
3 Deloitte, The UK Digital Skills Gap, 20184 Yorkshire Digital Pulse survey, Yorkshire Business Insider
© Copyright Adare SEC 2019
The current market offers an ever-expanding and continually
evolving technological offering. Each organisation’s
requirements will be unique, therefore the ‘one size fits all’
approach is inappropriate.
In addition, the transition to digital communications is a
continuous process rather than a one-off event. As technology
evolves and new options emerge, there will always be
opportunities to update and enhance the options in place. The
challenge is to identify which are the best – and most cost-
effective – options for a particular business or sector.
For some, managing inbound mail may be a priority and
a system will be required where incoming messages are
processed and scanned, then digital images created that are
indexed then stored in a secure document repository. This
is ideal for highly confidential documents such as payments
or employee details. Market-leading secure storage systems,
such as SmartView from Adare SEC, offer long-term storage
capabilities for both inbound and outbound communications
including print and email messages.
Leading document composition platforms enable almost
any legacy or current data format to be ingested and used
to compose digital output. It does not matter if the data is in
a raw format, in a database or composed ready for printing.
Also, intercepting data in flight, from a mainframe to a printer
for example, enables content to be extracted from that data
stream to create new digital communications.
The integration of inbound communications, such as
regulatory forms or unstructured content, paper or digital,
into existing back-office systems is also possible.
Robotics, in combination with good data capture solutions,
can receive the inbound document, extract the required
content and input it directly into back office systems with
limited human intervention, even if this is achieved by a
member of staff inputting the data into an old ‘green screen’
monitor.
Robotics are there to perform these repetitive tasks by
emulating what humans do. This can be taken further by
implementing Artificial Intelligence to understand the intent
behind a received message, directing a new order to the order
processing team, or sending a complaint to the complaints
department.
Again, an understanding of your end goal is vital when
identifying the most useful and productive technology for
your needs. This may involve extensive market research into
what is available and whether, where required, it can be
integrated into your existing system. Fully understanding your
own and your customers’ pain points will help identify which
solution is the best for you.
A recent survey5 found that around half of businesses
questioned believed they were only around halfway through
their digital journey, partly due to the number of emerging
technologies available and the seemingly never-ending
stream of products arriving in the marketplace. Few felt their
online presence was complete.
Partnering with an expert system provider will not only
advise on the various steps needed during the integration
process, but can help businesses develop and implement
clear, achievable communication objectives to meet client
needs over an agreed period of time, to make their digital
communication transformation a success.
Stage three: What digital communications technologies are right for me?
5 Yorkshire Digital Pulse survey, Yorkshire Business Insider
© Copyright Adare SEC 2019
For companies looking to enhance their customer experience
offering, a transition to digital communications can bring
significant benefits. In an age where customers are hyper-
connected, expectations are high. People expect to be able to
access all they need via their smart phone, 24-7, free from the
constraints of regular business hours.
In delivering this expectation, organisations selecting the right
digital solutions find they have a system to dynamically create,
manage and deliver communications. A market-leading
system will design and process a broad range of documents
such as statements, quotes and contracts while, crucially,
remaining cost-effective.
Gone are the mountains of paperwork that were problematic
to track and store; precious employee time spent seeking a
specific letter or quote can be diverted to more value-added
tasks. Documents can be stored securely online and retrieved
instantly at the touch of a button. High quality systems can be
accessed by huge numbers of users, 24 hours a day, to create
personalised documents that remain on-brand.
Meanwhile, consumers are better informed, more engaged,
less likely to contact call centres and ultimately unlikely to look
for an alternative provider.
The benefits
Happy customers
Speed is of the essence
Regardless of the sector, the length of time required to obtain
approval from consumers via printed, posted documents may
be causing unacceptable delays in processing information.
The use of interactive digital messaging, for example, with
secure links and attachments, could reduce this time frame
from days or even weeks to just a few hours. Not only that,
today’s sophisticated systems can track when an email has
been opened, offering an unprecedented level of traceability.
Reduced risk
The introduction of GDPR brought into sharp focus the way
organisations store and use personal data. Market-leading
systems have in-built features that are designed to reduce risk
and improve security, while history tracking and full audit trail
features enable greater transparency.
Lower costs
Reducing the need to print and post documents invariably
reduces costs of paper and ink, while employees are freed
from the task of inserting letters and forms into envelopes.
Reducing paper usage has the additional benefit of enhancing
an organisation’s environmental credentials.
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© Copyright Adare SEC 2019
Technology can be used to transform the way organisations
interact with their customers. However, there are many
variations available that may or may not work for you.
By partnering with an established solutions provider,
organisations can glean an excellent, well-informed
understanding of what will work best for them. Once an
effective strategy has been formed, an expert will advise
on how to implement the changes efficiently and, crucially,
without undue cost.
Despite many perceived and real problems that need to
be overcome – from legacy systems, the lack of available
IT resource and the uncertainty around how to undertake
the digital transformation journey – the benefits, once
implemented, are too great to ignore.
In summary
To find out more about Adare SEC and the range of digital communication solutions on offer, please contact:
T: +44 (0)1484 763411
www.adaresec.com
Adare SEC Park Mill Clayton West Huddersfield West Yorkshire HD8 9QQ