Rewriting Business Models for Digital Transformation
Everybody knows someone who has a stack of 3½-inch floppies in a desk drawer “just in case we may need them someday.” While that might be amusing, the truth is that relatively few people are confident that they’re making satisfactory progress on their digital journey. The boundaries between the digital and physical worlds continue to blur — with profound implications for the way we do business. Virtually every industry and every enterprise feels the effects of this ongoing digital transformation, whether from its own initiative or due to pressure from competitors. What is digital transformation? It’s the wholesale reimagining and reinvention of how businesses operate,Read More →
Digital : So what differentiates linear and exponential transformation?
For the past several years, digital transformation has been a constant topic of focus in the business community. Much has been written about the risks of digital disruption and the need for digital transformation in the world of digital platforms. But what does digital transformation really mean—and why do so many companies fail to achieve their goals? One of the main problems is that there are actually two types of digital transformation: linear and exponential. Most companies want the results of the exponential transformation, but focus instead on the linear transformation, which is easier to understand and implement. So what differentiates linear and exponential transformation?Read More →