Business Growth Through Technology The article addresses some of the common myths and misconceptions about digital transformation that the CEOs have, with practical advice on setting the right foundation for transformation journey without getting carried away by hype or sales pitches.
Business Growth Through Technology Business executives generally appreciate the significant benefits of technology and how it is critical for the success of any business strategy. Yet, less than 33 percent CIOs play an active role in directly shaping business strategies in their organizations. Two-thirds of the CIO don't report to the CEO and are not a part of the executive team. CEOs must urgently capitalize on the opportunity to drive growth by taking advantage of new technology advancements, before market forces and competition forces them to do so.
Business Growth Through Technology With the new opportunities digital technologies provide, CIOs have an excellent opportunity to partner with their CEOs to drive business growth. rnrn
Business Growth Through Technology CEOs must take charge of their company’s technology agenda for growth and success. They do not have a choice in the matter as technology enablement has become mission-critical to every company. All they need is to have a clear understanding of how technology advancements can help their business by redefining business models, operational processes and most importantly – customer experience and engagement.