This document discusses the challenges of digital transformation and provides strategies for organizations to successfully navigate it. It notes that while many companies say they have a digital strategy, few have the necessary skills or plan to compete on customer experience. To truly transform, the document recommends taking a customer-centric approach, involving customers early, taking risks through prototypes, and accepting that failure is part of the learning process. Hierarchical organizations must become more agile and cross-functional to keep pace with digital changes.
10. 74%
15%
Believe that their company
has the skills and
capabilities to execute on
that strategy.
Of business executives
say their company has a
“DIGITAL STRATEGY”