Definition: Digital Transformation

The reconfiguration of your organization in preparation for a digital tsunami where data (versus capital) will be the central resource and where your “way of doing business” and providing value will be transformed. The process of digital transformation require

The process of digital transformation requires a leadership team with expert judgment not only to determine the course of action for the corporation that they lead but also to determine whether such a transformation is necessary and at what speed it should be undertaken.  Other key components of a digital transformation are an inspiring and clear vision of the future and the company’s role in the same, an agile and enticing culture and, lastly, new capabilities to help the organization execute it’s action plan.