World Monitor Mag, Digitalisation WM_June 2019 web | Page 46

EXPERT OPINION EY’s approach to to digital transformation: Checklist EY’s EY’s wave wave wave approach approach to digital digital transformation: transformation: Checklist Checklist Digital Digital pre-start pre-start ☑ ☑ Have Have a a clear clear digital digital vision vision consistent consistent with with business business strategy. strategy. ☑ ☑ Understand Understand your your business business levers levers and and how how they they will will drive drive productivity. productivity. ☑ ☑ Match Match digital digital opportunities opportunities to to high high priority priority areas. areas. ☑ ☑ Complete Complete a a Digital Digital Maturity Maturity Assessment Assessment to to understand understand organizational organizational capability capability and and complete complete a a gap gap analysis analysis against against requirements. requirements. ☑ ☑ Establish Establish transformation transformation governance governance covering covering elements elements such such as as project project management, management, organizational organizational accountability, accountability, data data architecture, architecture, and and business business case case development. development. ☑ ☑ Have Have an an appropriate appropriate cybersecurity cybersecurity strategy strategy is is in in place place to to keep keep pace pace with with your your transformation. transformation. ☑ ☑ Regularly Regularly refresh refresh your your digital digital strategy. strategy. 44 world monitor Wave Wave 1 1 (Already (Already started) started) Wave Wave 1 1 activities activities will will be be dependent dependent on on business business maturity maturity and and the the productivity productivity value value drivers. drivers. W (S (S Wave 2 2 techno techn Wave significant dev de significant benefits. benefits. ☑ ☑ Predictive Predictive analytics analytics to to provide provide better better warning warning of of component component failures. failures. ☑ ☑ Maintenanc Maintenan schedules schedules dyn dy ☑ ☑ Enhancement Enhancement of of fleet fleet management management systems. systems. ☑ ☑ Digitization Digitization of of maintenance maintenance tactics. tactics. ☑ ☑ Supply Supply chai cha across across the the diffe dif responding responding to to production production info in ☑ ☑ Development Development of of a a predictive predictive analytics analytics strategy. strategy. ☑ ☑ Digitization Digitization and and exploitation exploitation of of legacy legacy exploration exploration data. data. ☑ ☑ Data Data fusion fusion and and visualization. visualization. ☑ ☑ Enhancement Enhancement of of planning planning and and scheduling scheduling tools tools (including (including sales) sales) to to fully fully utilize utilize existing existing data data sources, sources, IoT IoT capability capability and and current current practice practice optimization. optimization. ☑ ☑ Reporting Reporting analytics analytics that that provide provide actionable actionable information. information. ☑ ☑ Robust Robust simulation simulation models models for for business business critical critical processes. processes. ☑ ☑ Design Design and and implementation implementation of of Wave Wave 1 1 activities activities for for a a clear clear framework framework and and with with the the intent intent of of supporting supporting the the business business transformation transformation that that will will be be undertaken undertaken in in Wave Wave 2. 2. ☑ ☑ Predictive Predictive a change change in in main ma ☑ ☑ Blast Blast design desig concentrator concentrator p implemented implemented b and and autonomo autonom ☑ ☑ Automated Automated to to optimize optimize ble bl ☑ ☑ Automated Automated ☑ ☑ Working Working cap c to to asset asset condit cond production production plan pl ☑ ☑ Training Training dig d workforce workforce beha beh ☑ ☑ Using Using block bloc assurance assurance of of s example, example, confl con ☑ ☑ Optimization Optimizati real real time time sales