Digital disruption is sweeping the enterprise landscape, replacing or radically transforming long-established business beliefs and practices. Besides creating new efficiencies, opportunities, and even entire markets, digital transformation has also generated a number of major misconceptions. These modern folk tales, if actually believed by business leaders, can delay or even completely derail a digital disruption initiative.
How good are you at separating fact from fiction? If you believe in any of the following seven myths, your digital disruption strategy may be headed toward deep trouble.
1. Digital disruption is primarily a technology issue
Digital disruption should be in service of a business strategy. A technology-only way of thinking can lead an organization to wasted significant effort in terms of both time and money, says Bryan Throckmorton, leader of the digital transformation and strategy practice at management consulting firm Protiviti.
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Source: News