Digital transformation is one of the top priorities of chief information officers (CIOs) worldwide. However, many IT leaders are apprehensive about embarking on the digital transformation journey. Transformation myths often prevent leaders from adopting digital strategies. Often, business leaders fear it might negatively impact the budget and deter employees and customers. Furthermore, many professionals lack the confidence to take the leap. This article at Business Insider explains digital transformation facts that CIOs need to note.
Digital Transformation Myths to Debunk
Transform Every Aspect of Business
Your approach to digital transformation must be based on your current IT maturity level. Additionally, it demands a clearly defined plan. Investing in and implementing technology that might not meet your core business needs will waste your company’s money, time, and resources. Furthermore, it will negatively impact employees’ and customer experiences. Therefore, as a business leader, take baby steps to ensure you are successful at each stage before moving to the next.
Digital Transformation Isn’t for Small Companies
This is one of the digital transformation myths. Digital transformation will help entrepreneurs grow and make their businesses more discoverable. In addition, it helps them retain their client base. With cloud-based technologies, young business leaders can accommodate highly talented employees that choose to clock in remotely. In other words, possibilities for small businesses are endless.
Extra Work for Employees is One of the Transformation Myths
Leaders often believe that to successfully embark on the digital transformation journey, employees will have to work extra. However, the opposite is true. Technology does more of the heavy lifting—personalizing communication, analyzing data, and automating tasks. This allows employees to handle the more significant challenges that require human brainpower.
Digital Transformation is a One-Time Process
Digitization is a continuous process and demands focus, commitment, and measurement from teams to be successful. Experts believe that with tech brilliance and flawless execution of digital strategies, CIOs must have limitless patience to achieve transformation success. Furthermore, digitization requires a programmatic approach. Remember, it may also take more than a year to recognize digital transformation initiatives’ material and tangible value.
To read the original article, click on https://www.businessinsider.in/tech/enterprise/news/top-three-digital-transformation-myths-debunked/articleshow/92244715.cms.
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