Posted by aionol | 16 FEB 2018

How To Make Sure You Are Coming Out On Top Of The Digital Transformation

Digital transformation is unavoidable if you want to stay ahead of your competition. Change is coming and it is coming fast. Examples of winners and losers of digital transformation are all around us. Bitcoin has had a massive run this year, smashing the 900% growth mark with value continuing to increase. On the other side […]

Digital transformation is unavoidable if you want to stay ahead of your competition. Change is coming and it is coming fast. Examples of winners and losers of digital transformation are all around us.

Bitcoin has had a massive run this year, smashing the 900% growth mark with value continuing to increase. On the other side of the spectrum, GE has had to report a 42% decline in it’s index and was forced to cut its dividends in half. They are clearly being outrun by digital transformation – and by their competition.

A Change of Mindset

A lot of this digital transformation has to do with mindset. The mindset of organizations has to change to adapt organizational structures and models to the new and agile ways in which technology is developing.

Employees need to adopt a change mindset to stay up to date with relevant skills. Teams need to adopt a more flexible and entrepreneurial focused mindset to effectively innovate and stay ahead of the competition. And, C-level management needs a more open mindset to make sure that change is embraced rather than resisted.

 Coming Out On Top Of The Digital Transformation

Coming Out On Top Of The Digital Transformation

Turn Threats Into Opportunities

Once you have adopted a mindset that is consistent with the digital transformation around you, you will start to see it in a different light. Rather than identifying threats incurred by new technologies and ways of doing things, you’ll start looking at opportunities.

The central question is: What if one of the key elements of your business or the demand you rely on changes? How can you turn this change into an opportunity?

Think about Kodak when cameras stopped using film, electricity companies once solar panels are the norm, or GE once people switched to more efficient engines. How can you turn change into an opportunity, and what tools do you need to do so?

These are the essential questions. And Iono Inc can help you answer them.

Find out how our cloud solutions can help your business along the path of digital transformation.

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