Here are 10 strategies organizations can use to survive digital darwinism and technology-driven change:
1. Adopt a culture of experimentation
Test new technologies and learn fast from failures.
2. Make data-driven decisions
Leverage analytics and user insights to guide strategy.
3. Embrace agile methodologies
Move quickly and stay responsive to market shifts.
4. Build in-house innovation labs
Dedicate resources to research, design and engineer digital products and experiences.
5. Foster cross-functional collaboration
Break down silos that inhibit innovation and change.
6. Provide ample training
Upskill employees continuously on digital skills and new tech.
7. Digitalize customer touchpoints
Optimize interactions across channels for mobile-first consumers.
8. Accelerate digitization
Digitize analog processes and information flows.
9. Acquire digital talent
Actively recruit employees with specialized digital skills.
10. Flatten hierarchies
Reduce bureaucracy and empower employees to ideate, create and execute.
With the right vision, leadership, talent and culture, companies can evolve digitally and compete in the age of disruption. Adapting quickly is critical for survival.
1. Adopt a culture of experimentation
Test new technologies and learn fast from failures.
2. Make data-driven decisions
Leverage analytics and user insights to guide strategy.
3. Embrace agile methodologies
Move quickly and stay responsive to market shifts.
4. Build in-house innovation labs
Dedicate resources to research, design and engineer digital products and experiences.
5. Foster cross-functional collaboration
Break down silos that inhibit innovation and change.
6. Provide ample training
Upskill employees continuously on digital skills and new tech.
7. Digitalize customer touchpoints
Optimize interactions across channels for mobile-first consumers.
8. Accelerate digitization
Digitize analog processes and information flows.
9. Acquire digital talent
Actively recruit employees with specialized digital skills.
10. Flatten hierarchies
Reduce bureaucracy and empower employees to ideate, create and execute.
With the right vision, leadership, talent and culture, companies can evolve digitally and compete in the age of disruption. Adapting quickly is critical for survival.