Embracing exponential innovation
Adapting to technology disruption is not just about improving the quality of products and services that an organization delivers, but also requires an evolution in culture, the skillsets of people, and the processes required for them to optimally perform. It is not feasible for a successful organization to let the IT department alone drive the technology discussion. Everyone with a position of responsibility in the company has to think about the ways in which processes can be improved through technology. Digital transformation must be at the top of the Chief Executive Officer's priority list; the Chief Information Officer should think about how technology can better serve the needs of customers and constituents.
In today's world, the only constant is exponential change. To survive, businesses and organizations must be drivers of innovation, continually seeking ways to use technology to be disruptive to the status quo, and embrace new and better business models to perform better, faster, and at lower cost than the competition, a recipe that has worked for centuries. Those with the right mindset, the right resources, the right technology and the right partners will be well-positioned to transform themselves to better meet their customers' needs.
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