The digital landscape is constantly changing and it’s important to stay ahead of the curve. If you don't have a digital adoption plan, you are missing out on opportunities to grow your business. The Canada Digital Adoption Program, a new initiative by the government of Canada, recognizes this. That’s why it’s offering $15,000 grants towards digital adoption plans and $100,000 loans at 0% interest to fulfill them.
A digital adoption plan can help your company grow in today's competitive environment by helping you understand what tools and strategies are most effective for your business.
The benefits of a digital adoption plan are:
A digital adoption plan is a strategic process that businesses can use to adopt new technologies into their organization. It is an important part of the digital transformation process, which businesses need to go through in order to be successful in this day and age.
It can be difficult for businesses to find the right direction when it comes to adopting new technologies. A digital adoption plan can help them avoid some of the pitfalls that they might face along the way.
The framework provides a clear and easy-to-follow structure for any organization that is looking to develop a digital adoption plan. It consists of five key components: Digital Leadership, Operations Efficiency, Communication Structure, Customer Conversions, and Sales Tech Optimization (DOCCS).
An organization’s digital adoption plan should be driven by the business strategy and should be aligned with the company’s organizational goals.
In order to thrive in today's business environment, organizations need to be able to adapt and evolve quickly. The digital adoption plan provides a roadmap for how an organization can transform its business to take advantage of the opportunities that are available in the digital world.
An organization's digital adoption plan should be based on its organizational culture, current technology infrastructure, and future strategy. The plan should also include a review of the company’s current digital strategy and a detailed assessment of its strengths and weaknesses.
The primary goal of the digital adoption plan is to provide an overarching framework for how an organization can evolve its business model in response to changing customer needs while still maintaining its core values and identity.
While we called this guide complete- it’s more the introduction to our complete process. If you’d like to take advantage of the benefits afforded by the Canada Digital Adoption Plan (CDAP), we’re a registered advisor that you can work with. We’d be happy to help you and your company through the process.
We post our new articles to our Linkedin page each week- let's connect there!Follow StayShure on Linkedin