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user experiences ) introduce layers of utilities that unlock the trapped value from such systems and processes . The value realization and operational efficiency gains naturally lead to more viable cost economics . The savings obtained can be subsequently apportioned to invest in rotating the business strategy and innovation to the ‘ new ’ – an absolute imperative to sustain and thrive amidst the systematic digital transformation of everything . To consolidate , there are six foundational capabilities that should underpin the digital business strategy to systematically rotate to a new digital business :
1 . Transform the core – invest in digitization along with horizontal and vertical integration of enterprise systems in core business operations around R & D , product engineering & design , and manufacturing operations .
2 . Focus on experiences and outcomes – shift the business strategy , innovation focus , and core competency away from product centricity and into a needs-first true experiential platform .
3 . Rearchitect the ecosystem – to identify , assemble and liaise with the right ecosystem partners to drive innovation and differentiated capabilities . 4 . Innovate new business models –
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