Digital Transformation Or Death, Our Only Options!
Every leader, no matter your title, your industry, or your work status as an entrepreneur or an employee, you want to be involved in digital transformation.
Every leader, no matter your title, your industry, or your work status as an entrepreneur or an employee, you want to be involved in digital transformation.
Organizations today must transform themselves and jettison the heavy baggage that comes as a result of decades of institutionalized methodologies and paradigms, developed and codified in an analog era – an era operating at a far slower operational tempo.
All digital transformation initiatives introduce new problems, software bugs, guaranteed network vulnerabilities, new competitors; new business challenges and new stresses. The elimination of all negative consequences and vulnerabilities are impossible, so our focus should be on limiting and containing it, not eliminating it.
Competitors can’t compete, and leaders can’t lead if they don’t know the rules of the game.
Although we often write about and discuss digital transformation, we often fail to identify the end goal we are really trying to achieve. We talk at great length about data, analytics, speed, information logistics systems and personalized user experiences, but none of these are the end goal. Ultimately we must digitally transform so we can remove the “fog of war,” and have clear visibility and insights into our businesses, our customers’ requirements and our competitors, but that’s not even the end goal. The end goal of digital transformation is the ability to rapidly act and react to changing data, competitive conditions and strategies fastest enough to succeed.
In a previous post, we detailed how the implementation of IoT is becoming easier through falling hardware costs, productivity gains, and the focus of major players such as Microsoft with their Azure...