Summary
In this chapter, we explored how having a strong vision acts as a foundational element for a successful digital transformation within enterprises.
As was evident from the Blockbuster case study, fostering innovation within the organization and enabling business agility through technology is extremely crucial to thrive and become sustainable in the competitive digital landscape. It is also important for organizations to define and implement an inclusive process of digital transformation and an innovation continuum to ensure continuous improvement.
We also discussed the various aspects of how enterprises can lead digital transformation, such as setting the strategy and vision, ensuring business–IT alignment, unwavering customer centricity, cultivating a culture of innovation, measure everything, and focus on sustainability. We also explored the leadership, will, and mindset of two enterprises with very similar business models, Kodak and Fujifilm, and how Fujifilm evolved into a multinational conglomerate that is still going strong even after almost nine decades.
In the next chapter, we will explore the various cloud paradigms and how enterprises can leverage cloud technology as a vehicle to lead and drive digital transformation.