There are a lot of talk about Digital Transformation, and most of what is said about Digital Transformation is not true!
Digital Transformation is about businesses transforming themselves to be able to optimally function in the Digital Age. The industrial age is past, and what made organizations great in the industrial age no longer differentiates organizations in the digital age.
The Digital Age is also known as the Fourth Industrial Revolution, and every Industrial Revolution was driven by access to new technologies that opened up new doors and made things possible that were previously only dreams!
The Fourth Industrial Revolution (digital age) is the fusion of the digital, biological, and physical worlds. It blurs old technological distinctions and fields of science. The growing utilization of new technologies fuels this change. These new technologies are taking advantage of recent advances in the areas of data analytics, artificial intelligence, cloud computing, robotics, additive manufacturing, bio-science, the Internet of Things (IoT), and advanced wireless technologies, among others.
Technology fuels the transformation, but it’s not about technology – it is about people, society, markets, and economies that changed by it.
Digital Transformation is less about digital than; it’s about the transformation needed due to the capabilities delivered by digital technologies. Digital is the HOW; it’s not the WHAT or the WHY!
“We must develop a comprehensive and globally shared view of how technology is affecting our lives and reshaping our economic, social, cultural, and human environments. There has never been a time of greater promise or greater peril.” Klaus Schwab, Founder, and Executive Chairman, World Economic Forum
In this course we will help you deal with the real issue, changing your organization to be relevant in a digital age. Being relevant starts by serving customers and meeting their needs; it ten continues by redefining what we do, how we do things and, indeed, why we do things in our organization.
Far too many organizations has wasted millions on so-called digital transformation ‘projects’ that, in reality, are no different than what we did in the previous age; organizations used technology to automate and make things more efficient.
The word transformation, however, implies a more fundamental change in not only how organizations do things but, indeed, why they do things and what they do.
We love this quote from George Westerman of MIT’s Sloan Business School!
When digital transformation is done right, it’s like a caterpillar turning into a butterfly, but when done wrong, all you have is a really fast caterpillar.”
If your organization does not look, feel, and behave differently after a ‘digital project’, you still have not transformed!
If you want to read more about the story behind the story, you can download the e-Pub version of the book Competing in a Digital Future for free because you are doing this course.
Ask your trainer for the latest download link – (it changes every month.)