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Transformation is beyond just having digital operations
Doctor preparing a prescription. PHOTO | FOTOSEARCH
Many organisations are realising that technology must form part of their operational and strategy mix lest they become uncompetitive in markets that continue to open up and barriers to entry come down. My mention of technology here must not be pigeonholed to the usual suspects like the adoption of cloud, mobile applications, software as a service, platform as a service et cetera, but looked at broadly as tools, systems, and processes that allow higher efficiency to be realised.
The term transformation seems to roll off easily from the tongues of executives as it seems linked key performance indicators require them to deliver some form of differentiation to commoditised products and services. The chase of these key performance indicators (KPIs) is however filled with digital enablement projects that get bandied around as transformation agendas in what I see a curious case of misunderstanding.