Digital Transformer's Dilemma: How to Energize Your Core Business While Building Disruptive Products and Services

The Digital Transformer's Dilemma: How to Energize Your Core Business While Building Disruptive Products and Services, emphasizes how to strike a difficult balance between establishing a new (digital) business and re-vitalizing – and digitizing – the legacy business. It provides concrete tips, tricks, tools, and action plans across six key dimensions: crafting a flexible organization, using technology as a driver, designing the necessary processes, building transformational leaders, "right-skilling" the workforce of the future, and galvanizing cultural change.

\n Format: Paperback / softback
\n Length: 400 pages
\n Publication date: 09 November 2020
\n Publisher: John Wiley & Sons Inc
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In the digital age, companies face a crucial dilemma: how to embrace the opportunities of the digital world while preserving their core business. In their book, "The Digital Transformer's Dilemma: How to Energize Your Core Business While Building Disruptive Products and Services," the authors offer valuable insights for companies seeking to navigate this transition successfully.

The book emphasizes the need to strike a delicate balance between establishing a new digital business and revitalizing and digitizing the legacy business. It guides companies on how to navigate this transformation effectively across six key dimensions:

1. Crafting a Flexible Organization: The authors suggest that companies should create a flexible organizational structure that can adapt to the rapidly changing digital landscape. This includes decentralized decision-making, cross-functional collaboration, and a culture of innovation and experimentation.

2. Using Technology as a Driver: The book emphasizes the role of technology in driving digital transformation. Companies should leverage emerging technologies such as artificial intelligence, blockchain, and the Internet of Things to automate processes, improve customer experiences, and create new business models.

3. Designing the Necessary Processes: The authors suggest that companies should redesign their processes to align with the digital world. This includes digitizing customer interactions, optimizing supply chain management, and streamlining operations to increase efficiency and productivity.

4. Building Transformational Leaders: The book emphasizes the importance of building leaders who can drive digital transformation within their organizations. This includes developing a vision for the future, fostering a culture of innovation, and encouraging collaboration and teamwork.

5. "Right-skilling" the Workforce of the Future: The authors suggest that companies should invest in the skills development of their workforce to ensure they are equipped to thrive in the digital age. This includes training in digital technologies, data analysis, and problem-solving skills.

6. Galvanizing Cultural Change: The book recognizes that cultural change is a critical aspect of digital transformation. Companies should create a culture that values innovation, experimentation, and continuous improvement. This includes promoting a mindset of openness and transparency, and encouraging employees to take ownership of their work and contribute to the company's success.

The Digital Transformers Dilemma is a highly visual book, filled with dozens of engaging illustrations that bring the contained concepts to life on the page. Based on 100+ interviews with senior executives at leading companies and smaller hidden champions, numerous illuminating case studies, and the authors' own experience from working in international management consulting and years of academic experience, the book highlights the fundamental principles required for executives and businesspeople to transform legacy organizations into digitally empowered companies.

In conclusion, "The Digital Transformer's Dilemma" provides valuable insights and practical strategies for companies seeking to navigate the digital age while preserving their core business. By embracing technology, redesigning processes, building transformational leaders, right-skilling the workforce, and galvanizing cultural change, companies can position themselves for success in the rapidly evolving digital landscape.

\n Weight: 604g\n
Dimension: 200 x 234 x 29 (mm)\n
ISBN-13: 9781119701309\n \n