68- Common myths about Digital Transformation

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I have put together my observations, learning, and experiences into myths about digital transformation. Digital transformation is to solve business problems in an always-changing environment and help organizations to foresee what they want their future business to look like. If you want to lead your organization’s business transformation, the first move is to understand the reality of digital transformation rather than get caught in the hype.

Although digital transformation is a source of disruption for businesses, projecting businesses forward can be easy to misinterpret technologies and be distracted by minor changes in trends and opinions. True disruption means radical change, but common misconceptions about digital transformation result in businesses being sidetracked and misled.

I am working and participating in digital transformations in both government and private sectors across the regions and I have witnessed that in the majority of the cases organizations are making a significant challenging road to Digital transformation. As we are witnessing the Transformation needs to be well-planned, skillfully conducted, and actively supported by the top management.

I have put together my observations, learning, and experiences into myths about digital transformation. If you understand these myths, you’ll be less likely to fall victim to the hype about digital transformation and be more aware of how difficult the process is and how you need to plan it. If you are new to the topic I would suggest you listen to this podcast along with other series of sessions on digital transformation. Till now we have covered more than 30 sessions on the fundamentals of digital transformation.

Lets now dive into the most common misconceptions of digital transformation and technology adoption and we can say busting the Myths of Digital Transformation

You’ll Learn: Myths and Misunderstandings Of Digital Transformation

• When the technology is applied, the transformation is complete
• Transformation means simply updating the organizations portal and implementing new technology
• Digital transformation is a technical challenge.
• A digital transformation on top of a broken business model or strategy is going to save the business.
• A business can transform without changing how it operates
• CIOs Can’t Drive Transformation, Digital Transformation Requires A Chief Digital Officer
• Digital transformation is only for tech companies
• Every organization should digitally transform
• Digital Transformation Is a Technology Challenge
• Digital transformation only impacts certain markets
• Digital isn’t relevant in my industry
• To succeed, you need to do everything at once
• Digital transformation is meant to disrupt your business
• Digital Transformation and Digitization are the Same Things
• Digital transformation can wait & it is optional
• Every organizational culture is ready for digital transformation
• Digital Transformation has to be expensive
• Digital transformation is a project or single initiative

https://www.otechtalks.tv/68-common-myths-about-digital-transformation/