Digital transformation as a driver of corporate performance.
Digital tools and technologies have invaded the business environment, triggering significant changes in the way we work, communicate, and sell. Industries and governments alike are undergoing a digital transformation either crisis-induced, as part of a core strategy, or as part of a more controlled business transition. Under all circumstances, leaders need to be well prepared to anticipate the current and future impact of this enduring trend and steer their corporations accordingly at the right speed.
The journey toward digital transformation entails harnessing its benefits – such as productivity improvement, cost reduction, and innovation – while navigating through the complexity and ambiguity brought about by the changes in the digital economy.
We believe that every organization is likely to tread a different path in its digital transformation journey depending on its starting point and the digital maturity of its industry and products or services. It is imperative for businesses to remember that digital transformation is not just about technology. Instead, like any other business transformation, a roadmap across people, processes and technology will enable organizations to successfully navigate this transformation.