My first Magazine HRegatta_Edition 8 | Page 5

The HR & OB Society
Major digital transformation initiatives revolve around re-engineering business models,
customer experience, employee experience, operational processes. Transformed Business
Models and customer experiences are the apparent and may be the most stimulating aspects,
organizations are also realizing strong benefits from transforming internal business processes.
With the globalization, transformation of internal business processes is all more cliché.
However, implementation of new
technology is not sufficient for
successful
digital
transformation,
organization must reshape themselves
to reap maximum possible benefits out
of the new technology.
The strategy depends on timely
execution of its plans, margin
improvement, strengthening processes
and presence, building capabilities and
entering new countries every year,
especially in its emerging and
established businesses.
Jittery environment increases the
competition
for
efficiency.
Organizations are focusing on innovation in the workplace under the juggernaut pressure of
competition, and therefore become increasingly committed to seek productive work
organization. At the end, organizations choose a high-performance HR practices designed to
encourage employees for innovation.
Another major revolution faced by organization is that many products and services have
become commodities. Organization strive to remain competitive in the market by embarking
Faculty of Management Studies, Delhi
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