Sunday, May 26, 2013

Digital Transformation - Update

I have made some more progress towards my effort on Digital Transformation as shown in the embedded presentation. More needs to be done, but sharing some insights on what I have done until now. Feedback is always welcome. 

Digital Transformation - Sweet Spot

 Different organisation require different approach for leveraging benefits from digital transformation in their evolution.
  • Pure Digitisation leads to expansion of core business to digital platforms.
  • Pure Transformation leads to change in traditional business model to a new type of business model.
  • Combination of executing Digitisation (services and platforms) and Business Transformation (transforming culture and business model) in parallel is less agile and is a challenging task to achieve. However this is the best option, executing either option individually or sequentially will not give the desired outcome.