Building a digital roadmap for enterprises

Abstract

More and more organizations nowadays are embedding digitalization into their core values. Recent studies have shown that the concept of digitalization is a game changer for all the agents within the value chains of worldwide economy and it is not only creating value but might disrupt it also unless implemented in a structured way. This paper presents an insight into industrial operations and recommends a method of building a digital roadmap, from defining the general scope, identifying the digital strategy relevant to the respective business model while considering specific business opportunities and needs to forming the foundations of the digital component such as relevant technologies and solutions or defining use-cases to enablement of those into the organization all while building up specific digital competencies and capabilities. A more digital leadership becomes a must to enable this new technology operating model and for that roles and responsibilities within organizations are now focused on facilitating collaboration in the industry ecosystem and enabling rapid and agile data architecture whilst ensuring cybersecurity as well. This paper offers insights into industrial operations and proposes a method for developing a digital roadmap. It covers defining the scope, identifying relevant digital strategies, considering specific business opportunities and needs, and establishing the foundations of digital components. The importance of digital leadership, cybersecurity measures, and fostering digital competencies are highlighted. The paper aims to guide organizations through the digital journey with the goal of bringing enterprises closer to the optimal performance mode while adjusting to the fast-paced metaverse era. UDC: 338.26:004.8. JEL: O33, O32, L86, M15, L20, M10. DOI: https://doi.org/10.53486/escst2023.16.