Digital Business Models
Digital transformation is not about technology—it’s about change. And it is not whether that change will come, but a question of when and how. In the new digital economy, many enterprises won’t succeed by merely tweaking the management practices that led to past success. To thrive in a digitized universe, businesses of all sizes will need to reinvent themselves and substantially change their organizations. Yet leaders often lack a common language to assess the degree of threat that digital disruption poses to their business, and—more importantly—the language to create a compelling vision for their enterprise’s success.
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Standard Bank Group (South Africa)
MIT CISR Member for 6 YearsMIT CISR enables us to imbue a common language across our organization. We are galvanized around common frameworks and approaches to becoming a digital organization. We find our sponsorship enables courage to execute or try and execute even in a small way. That's more powerful than I think people realize.
Carolyn Kirksmith, Head, Global Strategic Development