The pandemic has shaken us from our reverie. Business leaders across the globe are grappling with this new reality, trying to keep their business afloat in whatever way possible. All this points to a gaping flaw in our business systems – we are not prepared to handle a crisis, let alone a pandemic.
Planning a New Change or Initiative in the Organization? You Might Need to Implement a Change Management Plan First.
Judging by the number of companies gone kaput because of their failure (or fear) to change, we can safely conclude that change is inevitable. Any resistance to it will eventually cause the demise of an organization. But for any change to be successful at all, there needs to be a strong change management process in place.
You’ve probably heard it a thousand already – this is the digital age and if you aren’t going digital, you’re losing out.
There. The harsh truth out.
I won’t waste another second of your precious time reiterating what you already know. Instead, I’ll help you see the benefits of adopting digital transformation in 2020.
Let’s dive in!
The story of AliBaba never gets old.
Nah, not the Arabian Nights one.
The Jack Ma one. The fastest-growing e-commerce store one.
What started as an experiment in a room of friends has become the world’s largest online store.
While AliBaba is not exactly the story of ‘digital transformation,’ it is the story of a small business that became a global leader through the implementation of technology. Jack Ma, the founder of AliBaba had not touched the computer until 1995. He had not known the potential of the internet until he had a friend set up a webpage for him. Jack Ma, a teacher at a university became the world’s richest man, the owner of the largest eCommerce group simply because he had realized the potential of the internet and digital technology.
It’s the age of robots. Of self-driving cars and smart homes. Of booking a plot on Mars!
Did I exaggerate a bit too much there? Probably. But take a closer look around you. Notice how we are completely dependent on technology for performing some of our most basic tasks? We have robots cleaning our floors, we have self-driving cars roaming our streets and, yea, there are companies selling land on Mars!
It may seem dramatic, but the fact is we are living in a technological age that demands businesses as well as individuals to keep up with the Zuckerbergs and the Musks if they want to be successful.
Over the past century, rapid technological advances have occurred in almost every aspect of modern human life. From transport, to communication and information, computer – aided design and manufacturing etc. these changes have modified conventional human life, and are all targeted towards making man’s activities easier and faster.