SMB Digital Transformation: Enabling Success by Fostering a Culture of Innovation and Agility

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SMB Digital Transformation: Enabling Success by Fostering a Culture of Innovation and Agility


The Empowering Partner Success weblog sequence highlights channel companions and people positively impacting the communities they serve.

At Cisco, we attempt to associate with individuals and organizations that assist us carry our function of powering an inclusive future for all to life. That’s why we’re excited to leverage the expertise and experience of Rasheeda Frazier, founder and CEO of Empowering Greatness Inc., and share insights from the work the group is doing to assist small and medium-sized companies (SMBs) with their digital transformations.

Paying it ahead

Empowering Greatness Inc. is a consultancy agency devoted to serving to SMBs, nonprofits, and different organizations navigate and overcome advanced operational challenges. Rasheeda based the group to fill a spot she acknowledged as she labored with these selecting entrepreneurship as their path to success. “Many of the people I encountered had excellent ideas for businesses. However, they didn’t necessarily understand the fundamentals of building and maintaining a business. Through my education, experience, and relationships, I have developed an expertise in this area,” Rasheeda says. “I believe that when you have knowledge that enables you to live a sustainable life, you should help others do the same. And that’s what Empowering Greatness is all about.” Rasheeda is grateful to work with the Cisco associate ecosystem as a result of, she says, “I’m part of a community that I can learn from and that allows me to help more people.”

Rasheeda’s ardour for supporting SMBs stems from her perception that these companies are the spine of the economic system. “It’s the mom-and-pop corner store and the local pizza guy who help our neighborhoods thrive.” She says, “Frequently, these same community members need support when it comes to integrating technology—or undertaking a digital transformation—to help their business grow.”

According to analysis, greater than 60% of SMBs are actively investing in digital transformation. Yet lower than 30% of those companies say their transformations are profitable. To assist outline a path to achievement, Rasheeda shared some methods she makes use of to assist her purchasers. Click on every of the video segments under to study extra.

Digital transformation outlined

Rasheeda explains that digital transformation refers back to the integration of digital applied sciences in all areas of a enterprise. It’s additionally about rethinking working fashions and experimenting with new strategic approaches. “These days, businesses of every size are embracing AI, adopting cloud services to enhance accessibility and flexibility, and leveraging data analytics to improve their strategic decision-making,” says Rasheeda. “These are all examples of digital transformation, and they are fundamentally changing how businesses operate and deliver value to their customers.” Rasheeda notes that digital transformation is essential for SMBs because it “levels the playing field for SMBs and allows them to compete.” She additionally shares that innovation and agility are key pathways to a profitable transformation.

Creating an modern and agile tradition

Digital transformations are most profitable and sustainable in an modern, agile atmosphere. Rasheeda shared precious insights on find out how to create such an atmosphere. Check out the video segments for extra detailed details about these highlights.

Top actions that might allow an modern, agile tradition and a profitable transformation

  • Visionary leaders perceive that transformation begins on the prime. Leaders ought to acknowledge the necessity and good thing about transformation and set a transparent and compelling path for the group.
  • Communicate the imaginative and prescient within the context of the enterprise in order that workers perceive its significance and the way their work contributes to success.
  • Empower your groups to make choices and pursue inventive options. Front-line workers who ship services to prospects know what’s working and what’s not.
  • Foster collaboration by leveraging your community each inside your group and throughout industries. The extra thoughts energy you possibly can put towards an answer, the higher.
  • Leverage know-how to streamline processes and release time for inventive considering and strategic planning.
  • Evaluate constantly by assessing your processes and techniques to find out what changes should be made to make sure sustained success.

Top actions that might hinder an modern, agile tradition and inhibit a profitable transformation

  • Micromanaging stifles creativity.
  • Penalizing failure is counterproductive, failure is a key a part of the iteration course of. Instead, go away room to strive new issues and study from the expertise.
  • Ignoring suggestions hinders progress. Instead, pay attention for enhancements that could possibly be made.
  • Staying inflexible limits progress. Instead, be adaptable.
  • Delaying innovation stalls potential. Don’t maintain your concepts captive. Instead, share them. You by no means understand how an thought may be improved when others contribute their enter.

Continue the training journey

Rasheeda highlighted some compelling insights based mostly on her experiences. We additionally know there are different views to be shared. In the spirit of fostering collaboration, we encourage SMBs to affix Cisco’s SMB Empowerment Network, the place you possibly can join with different organizations, examine upcoming SMB-focused occasions, and uncover Cisco’s obtainable assets.

 

Learn extra about Rasheeda and her choices, join together with her on LinkedIn

 


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