Tag Archives: Digital Transformation
Digital strategy is an “all-in” affair. You have to get the whole team on board because a digital strategy is disruptive.
According to research from McKinsey, there are several battles organizations need to overcome before they reach a digital transformation state. Reaching such a point is against-the-odds because of multiple reasons, including internal opposition, a lack of understanding, and inconsistent leadership.
Digital transformation, often referred to as DX, is going through a growth spurt thanks to the ever-increasing realization that integrating technology in all aspects of business will reduce operational costs, evolve the user experience, and revamp existing business strategies.
This transformation is here to stay, and some experts believe that businesses who haven’t at least devised a plan to implement DX will fall by the wayside in the coming years. So what exactly is digital transformation, and why is it vital for your organization to consider it?
One of the most common challenges with organizations embarking on digital transformation journeys doesn’t necessarily stem from a lack of ideas or lack of desire to improve. More often than not, it’s that traditional IT organizations and their CIOs are simply too entrenched in the day-to-day operations to be able to conduct a meaningful and long-lasting transformation.
Consider this scenario from one of our recent clients…
Even after CIOs realize that the journey towards the digital transformation of the enterprise cannot be further delayed, they are typically faced with two key questions. First, are they “good enough” for the task ahead, and second, how will this transformation happen — especially in the face of time, budget, resources, and other constraints. Let’s examine some possible ways that technology executives can respond to these questions.