The whole world is moving towards digital transformation in this time. It comes with several lucrative benefits but also comes with challenges for an IT leader. And surpassing them will mean the difference between success and failure. Here’s a list of challenges any IT leader should be aware of and few important points you need to follow while handling these challenges.
These days it seems like we went to sleep in one world and we woke up in a completely different world! Since the spread of the COVID-19 pandemic, digital transformation is making an appearance in numerous business strategies. While factors like technology, changing human behavior and changes in business models usually drive digital transformation, a catastrophic pandemic has rapidly accelerated this.
90% of CEOs believe that digital transformation (DX) will impact their industry, but less than 15% are executing on a digital strategy right now. While such slowness and reluctance to adopt would not have had such a huge impact before COVID-19, digital transformation is now no longer a choice, but rather a crucial driver of revenue, efficiency and growth.
“It is not the strongest of the species that survives, nor the most intelligent that survives. It is the one that is the most adaptable to change” — Charles Darwin (1809-1882)