Amidst the growing chorus for digital transformation to be worked out better, some inputs have already arrived from companies that have already executed this tough task correctly. First of all, the clear priorities need to be neatly laid out. The next step is to invest heavily on the talent. This must be especially true for the top level. Management training programmes need to be invested on. Some of the most cutting- edge requirements need be focused on, such as for business analytics. All this will require time and money, so this must not be compromised upon. The team processes must be run on agile mode, rather than the traditional hierarchical structures. The people in the team must also get empowered so they may take the right decisions at their level.

Source:https://www.mckinsey.com/business-functions/mckinsey-digital/our-insights/digital-transformation-improving-the-odds-of-success

Uploaded Date:06 January 2020