Trend 5
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Transformation should be a trend every year. The only difference in 2024 is the motivation for businesses to make the change.
No matter how the business environment changes, no matter which type of digital tool or technology is being held aloft as a miracle cure for all corporate ills, regardless of the skills that are in demand or the jobs that are potentially on the line, for organizations that have embraced transformation, it’s a case of business as usual.
And that’s because a transformation empowers your business and, crucially, its people, giving you the tools and capabilities not simply to overcome challenges but to recognize and seize opportunities, whether those opportunities are due to technology, talent or a blend of both.
An organization that can claim to be digital by default is in total control of the totality of its data.
When data can be corralled and shared across a business, without impediment, it enables all employees to innovate, share ideas and provide insights.
And when data and insights start driving a business forward, that organization moves closer and closer to its customers.
But beware. A transformation can’t be rushed but it can be, and often is, completely misunderstood. A successful transformation is about change management and as such demands sponsorship at the highest levels of the business. It’s an enterprise-wide undertaking, and, even if it does involve adopting new technologies and tools, it’s not an IT project. That’s why, without a clear definition and an even clearer roadmap, your organization will never arrive at its destination. Even with a route to success, it’s a long journey. So, the time to start is now.
