Digital transformation promises big rewards, but without bold leadership, collaboration and risk-taking, it could quickly derail. Are you ready to lead the way?
Credit: Ajith Chandrasekharan
Organizations look at digital transformation as an opportunity to radically improve operations and increase the value of a product or service to the customer by embedding technology into the decision-making fabric and building automation into its functions. This involves the integration of digital technologies into its planning and operations like adopting cloud computing to sustain and scale infrastructure seamlessly, using AI to improve user experience through natural language communication, enhancing data analytics for data-driven decision making and building closed-loop automated systems using IoT. For the employees, this freed-up human capital helps to invest more time in activities that require human expertise, judgment and creativity, and obtain better work-life harmony.
Leading any major change initiative is a daunting task, particularly the ones in which the result is unclear, …