Why Digital Transformation is required?


Why-Digital-Transformation-is-required-1024x512 Why Digital Transformation is required?

Is your organization embracing digital transformation?  What is digital transformation exactly? And if you are not embracing it, should you? And on the other hand, there are surveys being published on the success rate in digital transformation.

In a new McKinsey Global Survey on digital transformations published in October 2018 ‘Unlocking success in digital transformations’, mentioned, success in these transformations is proving to be elusive, more than eight in ten respondents say their organizations have undertaken such efforts in the past five years. And success is vague, indefinable

Further to this if we compare this new survey with Mckinsey’s earlier research done during April 2015 has found that fewer than one-third of organizational transformations succeed at improving a company’s performance and sustaining those gains. Now if we will look into the latest results the success rate of digital transformations is even lower.

These are motives behind of these sessions that I thought to go back to fundamentals of Digital Transformation.

We had a 1st session on what is Digital transformation, where we have learned the basics of digital transformation, you can access the podcast with the title “What is digital transformation? Learning the basics” from OTechTalks.tv and today is our 2nd session on the subject of this century ‘Digital Transformation’ ……….. why digital transformation is required or why we need digital transformation for an organization…

3 pillars of digital transformation

  1. Customer experience
  2. Business Models and
  3. Operational processes 

You’ll Learn:

Topics discussed are on, Everyone expects on-demand – it’s all about customer experience, Business Models Driven By Digital Technologies and business / operational process.

Resources:

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