Myths of Digital Transformation: Debunking the Top 7

Digital transformation myths and facts
Trends of digital transformation

What is the Need for digital transformation in 2021 and beyond

What does it mean for a business?

What is a digital transformation strategy?

Biggest myths of digital transformation adoption:

Digital transformation myth 1:

Digital transformation technology myth 1

Digital transformation myth 2:

Digital transformation myth 2

Digital transformation myth 3:

Digital transformation technology myth 3

You have to start with developing a future-facing view of your industry.”David Rogers, author of The Digital Transformation Playbook: Rethink Your Business for the Digital Age. [source]

Digital transformation myth 4:

Digital technology transformation myth 4

Digital transformation myth 5:

The gap between startup and mid-stage companies will shrink faster than ever,

– Says Andriole.

This means the days of casually tracking technology are over. Cloud availability has forever changed this.

Digital transformation myth 6:

Digital transformation myth 7:

What are the 4 main areas of digital strategy transformation?

1. Process transformation:

2. Business model transformation:

3. Domain transformation:

4. Cultural/ organizational transformation:

Think about how emerging technologies, such as robotic process automation and artificial intelligence, will impact your industry

– Says Rogers.

Start with that, then come up with strategies for how your company can leverage these trends to remain relevant in this new world.

5. Pillars of digital transformation strategy:

Conclusion:

Digital transformation needs human interaction:

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