Don’t confuse digital transformation with innovation [Read More]
Summary… * Machine-Made
#Digital transformation, done rightOf course, converting from analog to digital processes is essential to your company’s survival.
According to my friends at ISG, one of the top consulting firms in the business, digital transformation can yield an ROI of around 5 percent.
#Digital transformation is not innovationBut the biggest illusion in digital transformation is that it will make you more innovative.
But by definition, digital transformation replaces current analog processes with digital ones.
Rub your stomach and pat your headSo can you just get this digital transformation thing out of the way, then get into innovation?
Opinion… * Man-Made
#Digital #Transformation replaces current analog processes with digital ones. Whereas #Innovation is about identifying unmet needs and new opportunities, and solving for them in novel ways that deliver new value and achieve adoption. #Trend