Digital Transformation

Question 1

Who is Don Tapscott?

Answer 1

he wrote a 1995 book The Digital Economy: Promise and Peril in the Age of Networked Intelligence about how the internet would change the way we do business

Question 2

What proportion of the world’s population is online?

Answer 2

Half

Question 3

What proportion of the world’s population is on social networks?

Answer 3

A Third

Question 4

What percentage of people are mobile?

Answer 4

53%

Question 5

What is Digital Transformation?

Answer 5

Integration of digital technology into all aspects of the enterprise.
Transforms how an enterprise:
o. operates
o delivers value
Depends on a culture that can adapt to
o a changing environment
o. continually seeks improvement of value delivered

Question 6

What is the digital transformation framework?

Answer 6

Optimises the customer experience
Seeks operational efficiencies
Exploits new revenue streams
Enables rapid response to change

Question 7

What are the THRIVE basic principles?

Answer 7

Transform - change
Holistic - integrates indvidual disciplines
Response - to evolving needs of culture
Innovation - empower exploration of new possibilities
Value - external value shaped by strategic response to market
internal value is the benefit derived by the business
Enterprise - collaboration, new capabilities and transformed culture

Question 8

What are the key DX challenges?

Answer 8

Business - expanded attack surface, reduced visibility and control, compliance issues
Technology - too many things to protect, too many tools to manage
Management - managed and unmanaged assets
Workforce - skills gap, workforce development

Question 9

What are the NIST-CSF high level functions?

Answer 9

Identify
Protect
Detect
Respond
Recover

Question 10

What is the NIST 7-step approach?

Answer 10

1. Prioritise & Scope
2. Orient
3. Create a current profile
4. Conduct a risk assessment
5. Create a target profile
6. Determine, analyse & prioritise gaps
7. Implement an action plan