It is a common misconception that technology is the main fuel behind digital transformation. Companies thus spend a lot in order to procure the best of new technology. Likewise, they spend a lot on the talent recruitment of the best of technology pros. However, it has time and again been observed, that a cultural transformation is the first step before any such game- changing technology is introduced in. This has been discussed at the length in the new book launched The Technology Fallacy, written by several academicians from the management field. Companies need to focus on several non- technical drivers such as talent, corporate strategy, leadership and organization structure. Humans are the real stars of this evolution and not technology.

Source:https://sloanreview.mit.edu/article/transformation-without-technology/

Uploaded Date:21 August 2019