The digital transformation of small and medium sized enterprises is here!

Mondo Finance Updated on 2024-01-30

At the 2023 National Conference on the Digital Transformation of Small and Medium-sized Enterprises held recently, the relevant person in charge of the Ministry of Industry and Information Technology said that it is necessary to create a good ecology, guide large enterprises to drive the chain digital transformation of upstream and downstream small and medium-sized enterprises, and continue to inject new momentum into the digital transformation of small and medium-sized enterprises. This once again shows that digital transformation cannot be "alone", but must rely on "big hands and small hands" to solve the dilemma.

The digitalization of small and medium-sized enterprises is the focus and difficulty of the intelligent transformation of the manufacturing industry, and many enterprises have outstanding problems of "not wanting to transfer", "not daring to transfer" and "not going to transfer". To solve the "three noes" problem, we cannot rely on small and medium-sized enterprises to "fight alone". Small and medium-sized enterprises need to find a way out from the following aspects!

Strategic level. You need to develop a digital strategy that suits you according to your size and resources. This includes clarifying the goals and priorities of the enterprise's digital transformation, determining the investment budget and time plan, and integrating the digital transformation into the enterprise's overall strategic planning.

Programme level. Choose digital solutions that fit your size and needs, including infrastructure builds, software system procurement, data management and analytics tools, as well as artificial intelligence and IoT technologies. Enterprises can make precise choices according to their own needs to avoid waste of resources.

Competency training level. Focus on improving employees' digital capabilities and technical training, and improve their participation and effectiveness in the process of digital transformation by training employees to master digital tools and technologies. In addition, enterprises can also cooperate with professional training institutions to organize regular internal training and external Xi exchanges to strengthen the transfer and application of digital knowledge.

Cooperative level. Seek collaborations and partnerships to accelerate the process of digital transformation, establish partnerships with technology companies, research institutions, universities, etc., to jointly carry out technological innovation and digitalization projects. Collaboration can help companies quickly access technical support and expertise, and work together to reduce costs and risks.

Innovation level. Encourage innovation and experimentation, and have the courage to experiment with new digital technologies and solutions. Innovation teams can be set up to encourage employees to come up with innovative ideas and create a positive culture of innovation. At the same time, enterprises should also allow failure and adjustment, learn from failure, and continuously optimize the path of digital transformation.

Accelerating the integration of data and reality is an important part of achieving high-quality economic development, and the digital transformation of small and medium-sized enterprises is the key. Digital transformation provides a new path for SMEs to achieve transformation and upgrading at a low cost, and is an inevitable choice for SMEs to enhance their competitiveness and achieve high-quality development. By taking these steps in an orderly manner, small and medium-sized businesses can effectively drive digital transformation and gain an edge over the competition.

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