How You Know It's Time to Digitally Transform Your Business
With all the talk about digital transformation, how do you know your business is ready for change? Today’s reality is that if you’re waiting for the right time, you’re already falling behind. Technology is changing the world. You need to embrace changes that can strengthen your business, because your competition is already doing so. For many businesses, the big question is not if or when, but where, to start.
“If you have to ask for permission to implement change, it’s time to seriously look at how you are operating.”
A clear indicator that it is time to digitally transform your business is living with inefficiencies because you are trapped in legacy systems. The pace of innovation is accelerating. Competitors and customers are not going to wait for you to change. If the answer to why you do things the way you do them is because that’s the way you have always done them, that is a sign that you may be vulnerable. If you have to ask for permission to implement change, it’s time to seriously look at how you are operating.