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Bala Natarajan, N.
- Today’s Digital Transformation–Roadmap for Sustainable and Competitive Business Tomorrow
Authors
1 Lala Lajpatrai Institute of Management, IN
Source
TIMSR Journal of Management Research, Vol 1, No Spl (2016), Pagination: 56-62Abstract
This paper presents only the theoretical perspectives of the subject based on the details studied and provided by many International agencies. Greek philosopher Plato said that "Necessity is the mother of Invention". Invention entails innovation and sustainable commercialization for the future.
Angela Ahrendts of Apple said that "I grew up in a physical world and I speak English. The next generation is growing up in a digital world, and they speak social".
Digital transformation means the use of technology with complete understanding of the business to radically improve performance or reach of the enterprises. Digital transformation (DT) has increasingly becoming essential for the companies to collaborate among the different stakeholders and across different parts of the globe. Industry executives are using digital advances such as social media, mobility, analytics, cloud computing (SMAC), and digital discrete manufacturing and improving their use of traditional technologies such as ERP, SCM - to change customer relationships, internal processes, and value propositions. Becoming Digital requires both Business and Personal Transformation. This paper will study the need for those Transformation and how to shape the Digital Transformation by building blocks. This paper will give an insight of successful companies implementing DT and emphasize why understanding of Business more important than deployment of technologies for successful DT.
Keywords
Digital Transformation, CIO, CXO, CTO, SMAC, ERP, SCM, Big data, BA, BI, IT, Methodology, Framework, Digital Enablers, Transformation Technologies, Ecosystems, Business and Personal Transformation, Digizens and DDR.References
- Digital transformation: a roadmap for billion-dollar organizations – Capgemini Consulting and MIT Sloan Management
- Becoming Digital. Strategies for Business and Personal transformation – Mphasis and Knowledge@Wharton
- Digital government transformation commissioned by Adobe – Deloitte Australia
- Customer centric digital transformation white paper from Tata Consultancy Services
- http://prachipreaches.com/digital-transformation-india-2016/ and referredcompanies websites