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Discover how AI is reshaping business models with insights from Rajeev Sharma, CTO at Grid Dynamics. Learn about fostering innovation, AI’s evolution in business automation, ethical AI implementation, and essential leadership skills for the AI era. Gain strategic perspectives on staying competitive.
Digital transformation initiatives should be driven by how technology aligns with business goals, processes, procedures and strategies, according to Forbes. The publication also said that organisations should have a clear vision of why digital transformation is needed and how it supports business goals, as well as a strong commitment from the top leadership and middle management.
Digital transformation initiatives often fail because of a lack of alignment between business and technology, a lack of senior management support, and a lack of necessary skills and talent. Successful digital transformation requires a clear understanding of business goals, effective cross-functional collaboration, and the use of metrics to measure progress.
