The idea of digital business transformation is resonating with broader business leadership, in part due to CIO efforts to present new opportunities and threats. This is not the time for CIOs to relax; instead, they should intensify their efforts to achieve digital business success. Industries are being reshaped, and winners and losers are emerging. Most organizations are still dabbling in digital, not recognizing how fast the transition is happening.
According to our Digital Enterprise 2020 survey, two-thirds of executive leaders believe that their companies must pick up the pace of digitalization to remain competitivee. Executives are eager to capture new opportunities, yet feel they cannot create the urgency to move within their own organization. CIOs need to help build momentum to scale and create value from digital business.
Enterprises that want to scale a digital business need to focus on: