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Digital adoption has to be both top down and bottoms up for today’s digital enterprises.

Technology by design is to empower teams, not to replace them, if that’s the genesis then you have to leverage the power it brings to your table across the spectrum and there can not be any short cut to that.

Leaders will always have different challenges and executives will have different challenges but collaborating across a single digital workplace is important as it leads to innovation, efficient processes, increased success, and improved communication.

Digital adoption today is not an option but a need as-

Digitally transformed organizations are projected to contribute to more than half of the global gross domestic product (GDP) by 2023, accounting for $53.3 trillion (IDC, 2020).

65% of the world’s GDP is predicted to be digitized by 2022 (IMF, 2020).

70% of organizations have a digital transformation strategy or are working on one (PTC, 2019).

Top digital business strategy adopters include services (95%), financial services (93%), and healthcare (92%) (IDC, 2018)

Digital transformation at scale powers connected organisations by bringing tools, processes and teams together across a single operating stack.

58% of companies with high digital maturity offer digitally connected products, while only 17% of lower-maturity companies said the same (Deloitte, 2020).

The implementation of digital technologies can help accelerate progress towards enterprise goals such as financial returns, workforce diversity, and environmental targets by 22% (Deloitte, 2020).

In fact, 69% of higher maturity companies are using digital technologies to cut carbon emissions, while 58% of lower-maturity companies are using them to lower consumption of natural resources (Deloitte, 2020).

A leader’s task is not simply to adapt; it is to be adaptive. Digital transformation is not a goal that one achieves; it is the means to achieve one’s goals.

#technology#design#digital#digitaltransformation#business#success#innovation#leaders#strategy

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About The Ovontian

The Ovontian is the resident AI enthusiast and writer for Ovonts, a leading platform for explainable generative AI. With a passion for demystifying complex AI concepts and a deep understanding of the generative landscape, The Ovontian serves as a valuable resource for all things AI.

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