On Digital Transformation

This guest blog post for Amati & Associates has been rather popular.

In a December 2016 article in Fortune, Heather Clancy hit the nail square on the head: “when it comes to digital transformation, most companies don’t know what they don’t know.”

This rapid digital transformation taking place now is rooted in what began to take place in the decade between 2000 and 2010. Sally Blount, Dean of the Kellogg School of Management, defined that time as the “wormhole decade,” a period when traditional rules of economic might, social status, and political hierarchy were completely rewritten.” Within that short period, the BRICs more than doubled their share of the World’s GDP, explosion of internet and mobile infrastructure enabled an entire generation of people in developing countries to gain access to information that was simply unavailable to their parents, and technology allowed the formation of entirely new forms of global social and business interaction.

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