Organizations that anticipate universal Australia School Email Lists changes instead of reacting to individual ones will double their probability of success, according to a recent CEB Survey, further reinforcing the importance of developing a change capable organization.
This same concept applies to the digital world
Digital should no longer supplement business strategy;
it should be integrated into every aspect of a company.
The reality is that digital and continual advancement of technologies are fundamentally shifting the competitive landscape. Not surprisingly, the number of professionals in Chief Digital Officer
(CDO) roles has doubled over the last year and is expected to keep growing in order to facilitate this massive transformation. CDOs are now considered
“transformers in chief”, charged with fostering innovation, maximizing the potential impact of new technologies, and anticipating and managing comprehensive changes so their organization can successfully transition to digital.
The most disrupted industries
Russell Reynolds Survey asked more than 2,000 C-level executives whether their business would be moderately or massively disrupted by digital in the next 12 months.
Media was ranked the most disrupted industry, followed by telecoms and consumer financial services.
Embrace the potential of Digital
According to Harvard Business Review (HBR),
in order to realize the potential of new digital technologies, organizations must hire the right people,
foster a data-driven culture, and fully commit to becoming a more digitally adept organization.
Hire the right people
One of the biggest challenges companies are facing when it comes
to adopting and implementing a digital strategy is finding the right talent, specifically hiring
catalytic talent in the right position. According to a recent Russell Reynolds Survey, almost 50 percent of the companies believe they don’t have the right professionals to define their digital strategy.
