It means to stay at the forefront of changes in nowadays business environment, to face the challenge of the new relationships with customers, and of successful use of new technologies. Companies must carry out changes in their processes, be able to adapt their products and services to new customer demands and develop their human factor to adopt agile thinking leading them to respond in a timely and incremental manner to new environment needs.
It means making the most of every available resource, optimizing production or service processes, while minimizing costs and waste. For this, you must know the company well, be attentive to all results, not just the final result. The organizational structure must allow to have global vision of the business for accurate decision making, in real time, and with reliable information. Efficiency is not just cost cutting, it is improving productivity and quality.
Within the current world panorama, it is no longer an option, it is a necessity to renew and to be able to compete. It means to apply digital capabilities to the different processes, strategies, products and assets of the company to improve their efficiency, manage risk, provide value to customers, and discover new opportunities. It involves reinvention of the different areas of the company as well as the skills of its human resources, allowing to keep up with the future and rhythm of technology.