Change Is Everywhere But Will Digital Transformation Transform?

Don’t you agree that these are exhilarating times? So many of the major companies I work with are in the throes of major upheaval. Change is everywhere. Digital transformation programmes are in action all over the place. But are businesses transforming appropriately? Are there results to show for their efforts? As my pal Sam Villa likes to say:

Change is for sure. Growth is the option.

But is there growth? In these dynamic times, even journeymen employees are having to re-evaluate and adjust their dyed-in-the-wool habits. So, as we roll out 2018 with all the digital transformation programmes afoot, I am looking forward to significant material change. I expect to see change in the way businesses are being run, but I also expect to see widening deltas between the winners and losers. As Kevin Kelly said brilliantly:

“The future happens very slowly and then all at once”

I am expecting 2018 to be an even more rock’n’roll year, with huge unknowns and events fostering doubt, chaos and opportunity, including volatility in the stock market, cryptocurrencies and inflation, the threats of cyber hacks, political instability and terrorism; and, closer to home, the denouement of Brexit. For business, in such a climate, it will be harder and harder to see straight, unless, that is, they have a firm grip on their North. The competition is at once within each industry, and without the industry. It’s also between industries. And yet, with all the furious activity, so many companies still seem to be “behind the eight ball.” Why is that? Continue reading