If “necessity is the mother of invention,” coronavirus (COVID-19) forced many around the world to rethink our daily lives from work to school to entertainment. In response to travel bans, school closures, and recommendations to not gather in large groups and keep our distance from fellow humans to limit the spread of the virus, many people turned to digital tools to keep some semblance of normality. It’s been imperative to digitally transform our places of work and education to be able to operate effectively. Those companies able to use technology well to keep going and rethink their business model for the future by fast-tracking digital transformation will be ones ahead of their competition. Read More
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One of the most important business lessons is also the simplest: success is often the result of making more good decisions than bad ones over time. The question is how to do that. Read More
The trend of digitalization of the workplace is challenging businesses across the country to adapt quickly to meet the needs of their talent and customers. While a simple solution is to update current business technology to the latest and greatest, business leaders quickly find that it is not a sustainable practice in the long run. Read More
It’s hard to avoid the phrase “digital transformation” in technology articles these days. The thing is we’ve been in the digital age for at least 40 years. Companies have been transforming with the use of digital technology for a long time now. For example, in 1986 the New York Times covered “Digital’s Surprising Revival” which looked into the business transformation of Digital Equipment Corporation.
Why is digital transformation so important right now for companies? What’s different? Read More
The California bullet train between San Diego and San Francisco. Lockheed Martin’s Joint Strike Fighter program. Berlin’s Brandenburg Airport. Apple’s AirPower wireless charging pad. These are just a few examples of projects that suffered severe schedule delays and cost overruns, or that were unable to deliver on their promised scope. Read More
Shortcomings in organizational culture are one of the main impediments to company success in the digital age, according to a recent McKinsey survey of global executives. The survey highlighted three digital-culture deficiencies: functional and departmental silos, a fear of taking risks, and difficulty forming and acting on a single view of the customer. Read More
When it comes to digital transformation, humans—believe it or not—play an integral role. In fact, companies that make strong use of the combined human/machine workforce have a far greater chance of success in digital transformation. Accenture calls these combined people/bot workspaces “future systems”—systems that seamlessly integrate humans and robots to create business goals that are limitless, agile, and “radically human.” I consider the companies that harness the power of humans and machines will be the ultimate winners of the future of work.
Change means embracing the unknown and that can be scary. Here are three actionable ways to ease the pain – even for the digital transformation skeptics. Read More
Have you ever noticed that no matter much digital transformation you “do” for your company, you’re never finished? That’s because there’s no finish line in digital transformation. Every day, advancements are made in business technology, including developments specific to your industry. For this reason, it’s never safe to think of digital transformation as a one-and-done achievement. It’s something you need to continue to evaluate and invest in as time moves forward. Read More
Digital transformation. It has become the core mission for … well, let’s face it, practically every company and industry on the planet. As a concept, it’s easy to understand: Use digital technologies to improve processes and create new opportunities for your business. Read More
