The journey of digital transformation begins with building an enterprise-wide digital strategy that is tied to the organization’s R&D strategic priorities, followed by its flawless execution.
After a company makes it a strategic objective, then laying out the roadmap for the ‘how-to go for digital transformation’ is the next step. And that involves not just considering the organization’s goals, but also the current data and technology landscape, workflows, processes, product mix along with the appetite for change and investment.
The successful initiative would be to focus on a degree of R&D-wide buy-in first. But it doesn’t stop there, you need to make it a team sport to make change happen. By encouraging cross-functional collaboration, data strategies and data sharing platforms, not only do you encourage company-wide thinking about digital transformation, but also reinforce the support for the idea that- digitalization is a priority.
Next step is to create a team and a team champion who will drive the digital transformation wagon effectively. The champion could be an in-house expert or an external consultant. I shall elaborate on this point in Part 8 of this series, where I shall discuss on- How to transform existing R&D set up to a digitalized R&D.
Another important criterion to define at the outset are- metrics of measuring success with digital transformation. Identify how you will measure success and use those metrics to build a success story of sustainable digital investment. Further, build a communication plan and communicate those objectives to all stake holders. Be meticulous in tracking both leading indicators and the actual impact delivered.
Remember! Via a journey with a right digital vision, strategy, roadmap, persistent leadership support, effective change management and a culture of continuous improvement, an organization can fast realize as well as sustain the benefits of digitalization.
In the next part of this blogpost series, I shall highlight- Advantages of digitalization in pharmaceutical and medical device R&Ds.
Meanwhile, note that there are fifteen different Continuous Improvement pathways for pharmaceutical and medical device R&Ds. Are you planning a Continuous Improvement initiative for your R&D division?
The successful initiative would be to focus on a degree of R&D-wide buy-in first. But it doesn’t stop there, you need to make it a team sport to make change happen. By encouraging cross-functional collaboration, data strategies and data sharing platforms, not only do you encourage company-wide thinking about digital transformation, but also reinforce the support for the idea that- digitalization is a priority.
Next step is to create a team and a team champion who will drive the digital transformation wagon effectively. The champion could be an in-house expert or an external consultant. I shall elaborate on this point in Part 8 of this series, where I shall discuss on- How to transform existing R&D set up to a digitalized R&D.
Another important criterion to define at the outset are- metrics of measuring success with digital transformation. Identify how you will measure success and use those metrics to build a success story of sustainable digital investment. Further, build a communication plan and communicate those objectives to all stake holders. Be meticulous in tracking both leading indicators and the actual impact delivered.
Remember! Via a journey with a right digital vision, strategy, roadmap, persistent leadership support, effective change management and a culture of continuous improvement, an organization can fast realize as well as sustain the benefits of digitalization.
In the next part of this blogpost series, I shall highlight- Advantages of digitalization in pharmaceutical and medical device R&Ds.
Meanwhile, note that there are fifteen different Continuous Improvement pathways for pharmaceutical and medical device R&Ds. Are you planning a Continuous Improvement initiative for your R&D division?
Upcoming blogposts in this series-
Part 4: Advantages of digitalization in pharma and medical device R&Ds.
Part 5: Digitalization in various aspects of drug research and development.
Part 6: Selecting the right R&D digitalization platform.
Part 7: Six building blocks for digital transformation in pharmaceutical and medical devices R&D.
Part 8: How to transform existing R&D set up to a digitalized R&D.
Part 9: Tips and Quick wins of digitalization in pharmaceutical and medical device R&D.
Part 5: Digitalization in various aspects of drug research and development.
Part 6: Selecting the right R&D digitalization platform.
Part 7: Six building blocks for digital transformation in pharmaceutical and medical devices R&D.
Part 8: How to transform existing R&D set up to a digitalized R&D.
Part 9: Tips and Quick wins of digitalization in pharmaceutical and medical device R&D.
Related reading:
Keywords and Tags:
#businessprocessimprovement #continuousimprovement #digitalization #digitization #digitaltransformation #digitaltransformationinR&D #digitalizationinR&D #continuousimprovementinR&D
#businessprocessimprovement #continuousimprovement #digitalization #digitization #digitaltransformation #digitaltransformationinR&D #digitalizationinR&D #continuousimprovementinR&D
