Each organisation possesses its own distinct characteristics. To prosper and attain business objectives, it is imperative to comprehend the inner workings of your organisation. For instance:
- What objectives does the organisation have?
- How do individuals collaborate to attain results?
- What is the interaction with customers, suppliers, and other business partners like?
Finding answers to these questions increases the likelihood of your work being strategic and efficient. Yet, having the answers alone is insufficient to drive company-wide change. A digital twin is a valuable tool for any organization looking to scale transformation at an enterprise level and set the stage for success.
What is a Digital Twin of an Organisation (DTO)?
A Digital Twin of an Organisation is a dynamic digital model of any company. It helps you concentrate on your organisation’s strategic goals and internal processes to boost overall productivity.
A Digital Twin of an Organisation includes:
The past performance data
An understanding of current business goals, business models, and business processes
Performance KPI indicators with target levels
Detailed transaction-level situational process analysis
Support for intelligent business decision-making
The digital organisation ensures that both new and existing employees are in sync with the company’s goals and operations. For new hires, it offers insights into business operations, performance goals, and overall strategy. Existing employees receive timely updates on the latest strategy, direction, and agreed-upon business models.
The digital twin is also a storage for information, such as performance KPIs, process insights, and transaction-level data analysis of the current situation.
Why do we need a Digital Twin of an Organisation (DTO)?
A Digital Twin of an Organisation acts as a tool for everyone involved to match up with company goals and operations. It aids in grasping your processes, customers, and employees, enabling you to enhance your work for efficiency, effectiveness, and agility.
Top reasons for why you need to build a DTO of your organization are:
- The world is changing, so should you
- You have more data available about digital processes and more opportunities to optimize and save costs
- Mergers, acquisitions, and divestment shape large organizations and the complex IT landscapes need to be managed
- Robotic process automation (RPA) and Hyperautomation are taken into use to automate individual tasks and process steps
- Customer experience is becoming increasingly important and critical in business operations
- Competition is getting global and intense – only the fittest will survive
- Artificial intelligence (AI) is used to boost business operation efficiency
Therefore, you must use a DTO to: