Stax leads the way in managing digital strategy execution in new era

Wednesday, 11 November 2020 00:05 - - {{hitsCtrl.values.hits}}

A substantial number of local enterprises have rapidly embraced digital transformation with the onset of the pandemic, notes Stax Sri Lanka, a company at the forefront of helping corporates manage this transition through its project management office.

Global management consultant, Stax, is currently leading the way in managing strategy execution for this new era. The company has already engaged diverse sectors including Sri Lanka’s tea industry for the digitalisation of its historic auction. It also extended expertise to the education sector partnering international schools for the implementation of digital learning platforms to suit teachers, parents and students’ needs. Stax says many Sri Lankan industries have looked at digital transformation as the operating strategy to charter a course through the pandemic.

When going digital, organisations must contemplate on the right balance for remote and physical working. They must also invest in relevant infrastructure to enable this process and service delivery, whilst reducing physical touchpoints with customers. Different sectors have diverse workforce generations, Stax notes, pointing to the need for varying levels of management and execution to realise individual ends.

“Setting up appropriate infrastructure is an important first step in a process of transformation; digital and otherwise. Organisations need to prioritise initiatives during such rapid transformations as resources are limited, and sometimes they must look at quick wins to start making a difference from commencement of execution. Initiatives can be prioritized based on investment and impact,” a Stax spokesperson said.

Stax offers clients a suite of world-class solutions for implementing new strategies and processes. Drawing upon its global expertise, Stax works hand-in-hand with clients offering holistic solutions for digital transformation and programme management. The company adopts a scientific approach to implementing solutions for frameworks beyond just IT. The company is renowned for supplementing clients’ resources and proactively orchestrating outcomes to move beyond traditional limits.

Stax Inc. is Sri Lanka’s leading management consulting firm, headquartered in Boston and offices in Chicago, New York, and Colombo. With more than 25 years of experience, Stax advises the world’s largest public and private corporations, private equity firms and their portfolio companies across a broad range of industries covering 40+ international markets.

With a growing client base in Sri Lanka, including diversified conglomerates, blue-chip industry leaders, large family businesses, government organizations, and NGOs, Stax inspires organisations to dream big, think outside the box, and complement gut-based decision-making with fact-based research.