It takes time and energy to successfully transition your business to digital, says Holland. "It's impossible to do all at once." He says it's important to take it one step at a time -- even if that means deploying only one piece of technology, or hiring only one new employee at a time to see how it impacts or doesn't impact the business. According to Holland, it requires a "measured approach," that needs to include customer engagement, worker engagement, process optimization and digital value networks.
"It's critical that a company create a focused, incremental plan to achieve enterprise digital transformation by improving the parts that make up the whole based upon the apparent opportunity to drive ROI through increased efficiency and effectiveness almost function by function," says Holland.
Sign up for CIO Asia eNewsletters.