Vinet Kuumar In the world of digitalization, enterprise businesses are embracing digital transformation to negate modern-day challenges and stay ahead of the competition. By the virtue of new-age digital solutions, firms are streamlining different areas of their respective businesses and operations, which has allowed them to stay relevant and competitive. Furthermore, integrating digital technology across all functional domains transforms the company’s operations and customer value delivery. Firms must constantly question the status quo, try new things, and learn to accept failure in order to adapt to the cultural shift. Thus, using digital technologies may necessitate rethinking organisational strategies, tactics, and products. It’s quite evident that digital transformation necessitates collaboration across multiple domains. This includes auditing the company, changing the supply chain, integrating employee skill sets, and other actions. Before attempting any digital change, conduct a thorough analysis of the industry. This gives a clear picture of the market and the current situation and helps in developing a successful plan. On the other hand, utilizing the most recent technologies and keeping up with changing customer needs are made possible through digital transformation. Technological advances enable businesses to compete more successfully in a dynamic economic context. Amid the ever-changing market situations, […]
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