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The Digital & Information Technology Strategy Quick Guide: Learn the skills used by the leading management consulting firms, such as McKinsey, BCG, et al.-Kris Safarova

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Do you have less than 1.5 hours to understand strategic insights in Digital & Information Technology business models and strategy? Do you want to make informed decisions as a leader?This quick guide is for professionals who are pressed for time and need to know the contours of the right approach to make informed decisions, ask the right questions, understand how to analyze the problem and how to provide guidance and input to their teams.In this quick guide you will find a definition of digital and understand the need, and differences, between digitization and digitalization. You will understand the difference between a corporate and business strategy for a technology company versus the Digital & Information Technology strategy for any company.You will develop a strategic understanding of differences between B2C vs. B2B strategies and how cost structure choices can limit your options in pivoting towards opportunities in the market. You will be able to understand the strategic trade-offs in your digital choices.Over the past 10 years on StrategyTraining.com and FIRMSconsulting.com, you have seen us help numerous clients solve complex business problems: developing a big data strategy, a corporate strategy, a digital & information technology strategy, a pandemic & disaster strategy, a luxury brands strategy, a turnaround & transformation strategy, and more—all based on the combined best practices of the author and the ex-McKinsey, BCG et al., partners who produce all the strategy training programs on StrategyTraining.com.This quick guide distills the steps, actions, processes and considerations that go into developing a unique insight for a major company under tight timelines and intense scrutiny. You will understand how a leader thinks through the important considerations in developing a Digital & Information Technology Strategy.You will understand the output that comes from all the hypotheses, decision trees, and prioritizing tools we teach across all our programs, summarizing the best practices from ex-McKinsey, BCG et al., partners to help you solve mankind’s most pressing problems.While we can’t guarantee the results for each reader, those who have read our books and members who use our online training programs on StrategyTraining.com, Strategy Training apps and SLIDES platform report:Greater recognitionMore leadership rolesGreater contributionQuicker onboardingDeeper understanding of the issuesStrategy perspective of the issuesDeeper insightsRapid promotionsSense of purposeClarity of thoughtIf you found this quick guide helpful you will also enjoy The Digital & Information Technology Strategy Journal, which contains an illustrative strategy study, and daily and weekly work plans and guides to break down the problem statement, along with templates and checklists.

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First, I absolutely love these quick guides. There is nowhere else you are able to level up so much in a short 2-3 hour read. In fact, regardless of your industry everyone needs to read this quick guide. The reason is, there is absolutely no industry that is not and will not be focused on Digital and IT Strategy in the 2020s. It is that important. It does not matter if you are new to the work force, middle management or an executive IT and Digital Strategy is that important for your career. You will come into contact with it, regardless of where you work. What is quite impressive about this quick guide is that it covers IT Strategy on a level I have never seen done before. Now it is not a detailed ‘how to’ implementation guide, but it doesn’t need to be.The quick guide starts off with the true definition of IT and Digital Strategy. It is the best definition I have read and tiers it to corporate and business unit strategy in a way I have never seen articulated before. But it makes a lot of sense. IT is an enabler and must help the business units fulfil their strategy so that they can fulfil the corporate strategy. It a trickle up effect, so to speak. Additionally, words like “digital” are all to often thrown around in today’s business world, but no one has succinctly explained it like it is covered in this journal. For example, for anything to be digital it must exists in terms of bytes (1s and 0s). Now with that simple definition the guide moves on how to create a plan for controlling this flow of data and eventually generating a profit. Digital is usually thought of as B2C but this quick guide makes a strong case that this is way to narrow a definition and explains why that mindset will limit what companies can and should do.For all of the above and more, I absolutely recommend this quick read.
This book is designed to help a busy leader to understand digital & IT strategy planning very quickly. It is not an in-depth treatment of the subject, but merely an abbreviated version of the complementary Journal developed based on their many years of consulting experience with their clients. It starts by explaining what digital & IT strategy is, and differentiates between digitization and digitalization. They provide an example of developing and implementing a digital strategy. The book explains how digital & IT strategy is different than corporate and operations strategy. There is an example to illustrate the difference between a corporate and digital & IT strategy, and how the latter only exists to support the former. It includes examples of slide design you can use to plan strategy at your company, and shows in a high-level summary format how to formulate a vision for digital & IT and tie it in with the strategy development and then implementation. They include an example to provide guidance to consultants in how to structure and phase a study dealing with corporate strategy for technology companies. Overall, the book delivers useful context for anyone involved with developing and implementing a digital & IT strategy.

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