The Ripple - Digital Transformation - Edition 2/2020

Companies which are more digitally mature are continually realigning their organization. In addition, these companies are creating corresponding strategic plans to account for on-going changes in the technological landscape which affect their business. According to the MIT/Deloitte research about 50% of companies which took part in the survey found themselves in the DEVELOPING category while approximately 25% were either in the EARLY and MATURING categories.

Digital maturity is achieved through a culture-driven, bottom-up approach characterized by risk taking, collaboration, agility and continuous learning. HOW CAN A FIXED FOCUS ON CULTURE BOLSTER ORGANIZATIONS WHICH ARE ADDRESSING DIGITALIZATION ? managerial directive or by making technology available as part of a business investment. MATURING companies pull digital transformation by cultivating conditions which allow transformation to occur.

Digital Maturity is directly related to a SINGLE set of organizational cultural characteristics. These cultural characteristics are consistent across industries and company size.

MANY PEOPLE ARE ASKING : WHAT IS THE KEY TO DIGITAL SUCCESS ?

The answer for a thriving and sustainable digital transformation is all about an organization’s culture and its people. Today’s successful organizations are those which enable its people to continually learn, adapt, create, innovate and lead. Moreover, it’s an organization’s approach to achieving digital maturity which plays a key influence.

Digitally mature companies are:

Less hierarchical and more distributed in leadership structure More collaborative and cross-

functional

Encourage experimentation and learning More bold and exploratory, with a higher tolerance for risk More agile and quick to act

EARLY and DEVELOPING companies push digital transformation through

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