Digital transformation risks

Tips for tackling and managing the risks in digital transformation



Seth Adler
06/01/2020

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Understanding the risks to your digital business, charting the coarse to manage those risks and accelerating your digital transformation.

Digital transformation is a must for storied institional enterprises which face disruptive challenge from digital native business model competition. 

No immunity, no vaccine

No industry is immune to these competitive and global pressures, and the changes go beyond the actual products and services. Companies must conduct business where their customers are- while marketing and selling their products through mobile, online, or social channels. Businesses must interact with their not-particularly-loyal customers in more simple, efficient, and satisfying ways through the customer life cycle. So it’s not the “digital” part that’s the biggest problem.

Speed & Trust

“Transformation” means both reinvention and completely new invention. These rapid changes produce all sorts of new — and often unexpected — side effects, including new risks. The companies that succeed must find ways to achieve speed and quality in the digital world while maintaining trust.

Walk away with an understanding of:

  • The 12 types of digital transformation risk
  • Industry specific risks to digital transformation
  • 5 tips to overcoming digital transformation risk
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