Since the goal of digital transformation is to create new and sustainable competitive advantages, a hesitation to appreciate and embrace what digital technologies can do to a business generally results in the opposite, i.e., a loss in market relevance and a decline in competitive advantages. Harnessing the power of technology, when done properly and with deliberate strategy, results in greater productivity. Thus, companies who act late in their digitalization tend to lose to competitors who are agile enough to transform themselves because they become more productive without having to invest more in human resources. There is also the tendency to lose market share because of the failure to gather relevant data and extract valuable analytics from its business operations.
Lately, I have been hearing from some C-Level executives about their apprehension regarding what they feel as the fast and accelerating rate of technological change. As a digital transformation and exponential growth specialist, I would like to understand more what these concerns are and where they are coming from. At the same time, I would like to share my experience working with some companies and leading them into crafting a digital transformation roadmap. Please share your thoughts about the matter by sending me an email at davidicgrowth [at] boogieboydon.com. Perhaps some of my experiences might even end up being responsive to some questions you may have in mind. You may also consult me for free. Just book a 30-minute consultation through this link: Free Consultation.