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✔️ Reduce overhead costs
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✔️Increase operating efficiency
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✔️ Improve cybersecurity
According to a study by the SMB group, small and medium-sized businesses investing in digital transformation are likely to increase their revenue by 1.9 times.
Digital technologies are a key part of modern business models. Like many organizations, you are also looking for ways to effectively adopt and utilize these technologies.
But the digital landscape is so vast... so many choices... so confusing! Which digital initiatives would really help your business to grow?
Pick the technologies your competition is using
Use the technologies your employees have used in their previous job
Ask your IT service providers for recommendations
Jump into implementing new technology or digital tools without fully understanding the potential impact on your business
Focus on short-term gains or cost savings rather than long-term success of the initiative
Don’t analyze your business's current processes, systems, and skillsets before implementing new technology or digital tools
Don’t allocate sufficient resources, including time and budget, to properly plan and execute your initiatives
Don’t have a plan in place to measure and track the success of your initiatives
Poor adoption and low usage of the new technology or digital tools by employees, leading to a lack of return on investment
Difficulty in achieving the desired business outcomes and goals due to a lack of clear objectives and metrics for success
Difficulty in scaling the initiative or integrating it into existing processes and systems
Resistance and dissatisfaction from employees, who may be frustrated by the lack of training and support provided
Difficulty in measuring and demonstrating the value of the initiative to stakeholders, leading to difficulty in securing additional funding or resources
High costs due to rework, lack of participation, and lack of efficiency
A negative impact on employee productivity and morale, resulting in high turnover rate
So, what do you do?
And, what you get …
Not quite what you were aiming for, right?
What you’re missing is a digital adoption plan. It is a strategy that outlines the steps your business should take to adopt and effectively use digital technologies, such as websites, mobile apps, social media, cloud-based tools, and automation software.
A digital adoption plan will include goals for your organization's use of digital technologies, a roadmap for implementing those technologies, and a plan for measuring and evaluating the success of the plan.
By following a digital adoption plan, your organization can stay competitive in today's digital age and avoid falling behind competitors, decreased productivity, difficulty attracting talent, and other risks.
Introducing Canada Digital Adoption Program (CDAP). It has been created by the Federal government to help Canadian SMEs like yours choose the digital initiatives that are right for your business.
The program offers up to $15,000 as Federal grant to consult a digital expert and develop a digital adoption plan that’s tailored for your business.
Once the plan is ready, you may be eligible to get up to $100,000 in interest-free loan from BDC to implement your digital adoption plan.
Following a well prepared Digital Adoption Plan will lead to …
Increased efficiency
By automating manual processes and using digital tools, your organization can reduce the time and effort required to complete tasks and improve efficiency. For example, by using a digital invoicing system, you can save time and reduce the risk of errors compared to manually creating and sending invoices. And get paid faster, too!
Digital tools can help reduce errors and improve accuracy in data entry and other processes. Using a digital form can help ensure that data is entered correctly and consistently, compared to manually entering data on paper.
Improved accuracy
Better collaboration among team members, regardless of location, is key to productivity. Digital tools, like a project management software, can allow team members to work on tasks together, track progress, and communicate in real-time, even if they are in different parts of the world.
Enhanced collaboration
Increased competitiveness
By adopting digital technologies, your organization can keep pace with competitors and remain competitive in your industry. For example, using a customer relationship management (CRM) system can help your organization build and maintain relationships with customers more effectively, which can lead to increased sales and revenue.
Improved customer experience
Digital tools can enable your organization to deliver a better customer experience by providing quick and convenient access to information and services. An example is using a chatbot on your company's website can allow your customers to get answers to their questions and access information more quickly, improving their overall experience with your company.
Reduced costs
By streamlining processes and reducing the need for manual labor, digital adoption can help lower your costs. For example, using a digital asset management system can help you organization track and manage your assets more efficiently, reducing the need for manual inventory management.
Improved data management
The right digital tools can help your organization collect, store, and analyze data more effectively, leading to better decision-making and improved business outcomes. Using a business intelligence tool can allow your organization to analyze data from multiple sources and use the insights to make more informed decisions about your business.
Reduced security risks
Adopting digital technologies without proper security controls can introduce new security risks, such as data breaches and cyber attacks. Without a secure digital adoption plan, your organization may be unprepared to address these risks, leading to potential damage to your organization's reputation and financial losses.
DigiRISQ can help you to create a digital adoption plan meeting the requirements for the CDAP grant and BDC loan.
While we’re cybersecurity experts, our strategic partnership with Digital Maturity Group gives us access to hundreds of digital advisors specializing in
IT Infrastructure
Cloud Migration
Online Customer Support
Online Customer Experience
Customer Insights & Analytics
Sales & Customer Relationship
Website & Online Marketing
eCommerce & Online Marketplaces
Business Process Automation
Business Reports & Analytics
Accounting & Finance
Together we’re set to deliver a digital adoption plan that’ll not only make your business ready to receive the financial assistance from the federal government, but also have a positive impact on your organization's financial performance, through cost savings, increased revenue, improved efficiency, and increased competitiveness.
“When I was in need of putting together a cybersecurity program, I spoke with a lot of companies. What impressed me then (and now) is Nawab’s skills as a cybersecurity and digital strategist. Instead of imposing cybersecurity initiatives, he identified our digital adoption opportunities and helped infuse cybersecurity into them. He displayed the value of the cybersecurity initiatives as they were aligned with the business’ goals and objectives. Nawab connects with his clients at a personal level that is rare to find today. We need more like him.”
“Nawab is an extremely knowledgeable and skilled cybersecurity and digital adaption advisor who is able to take a concept to reality with focus on providing value to the business. He works equally well with senior leadership and peers and always willing to share his knowledge to help others grow. Nawab is a reliable, proactive professional and delivers results. I would gladly recommend him to anyone.”
How It Works
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01️. BUSINESS IMPROVEMENT REVIEW
Schedule a free, no obligation 60-minute video call where you can express your most pressing business problems hindering your success and the opportunities you see. We’ll then use a tool to quickly score and identify bottlenecks and opportunities making it easy for you to decide on top priorities. In the end, you’ll see a clear direction to move forward and an action plan for you and your team to follow.
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02. PROPOSAL & GRANT APPLICATION
If a digital transformation would be right for your business, we’ll then submit a proposal for our consulting service to create a complete digital adoption plan. At the same time, you’d also complete a Digital Needs Assessment (DNA) and apply for CDAP Boost Your Business Technology grant.
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03. DIGITAL ASSESSMENT
We’ll have a series of meetings with your key stakeholders to assess challenges, identify opportunities and set set priorities in order to increase productivity and enable growth.
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04. CREATE DIGITAL STRATEGY & SOLUTION PLANS
We’ll create a clear vision and a plan with accountability to execute the digital initiatives. We’ll also scope the top priority initiatives, get buy-in and establish measurements for success.
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05. SUBMIT PLAN & RECEIVE GRANT PAYMENT
You’ll submit the prepared digital adoption plan to ISED and receive the CDAP Boost Your Business Technology grant payment.
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06. APPLY FOR BDC LOAN (OPTIONAL)
Once your digital adoption plan has been accepted for CDAP grant, should you choose to, you can apply for interest-free loan from BDC to implement the initiatives laid out in the plan.
All the guidance. None of the pressure.
Get custom digital adoption advice for a transparent price and never have to worry about being pitched products or services.
Refreshing, right?
At DigiRISQ, you’re in control. After a brief discovery call, you decide if we’re a good fit. If you choose to move forward, we’ll help you create an actionable digital transformation roadmap.
