The past industrial developments, including the development of mass production machinery, computers, and automation, have all contributed to the tipping point we are currently navigating.
Modern digital technologies are being adopted by businesses of all sizes and in all industries. This will fundamentally alter how we operate, just as previous accomplishments did a century ago. Leaders must make sure their organizations are equipped with the resources needed to fulfill the promise of digitalization and can manage these changes with ease.
While companies had considerable time to plan for their transition to the digital age, the epidemic accelerated such efforts. In fact, almost 97% of enterprise decision-makers stated that they think the epidemic has accelerated their company’s attempts to undergo digital transformation.
However, there are still those leaders who are unable to change because of uncertainty or lack of knowledge. They may help employees have better, more meaningful futures by making simple adjustments to the way their firms operate.
