The age of automation is drawing ever closer and the pace of innovation continues to speed up, with disruptive technology taking on a bigger role in our work lives....
Things you shouldn’t fear when digitally transforming your business
2 mins read
Failure is a part of success, so before we can hope to learn from our mistakes, we need to have the courage to make them.
When the polymath and Founding Father of the United States, Benjamin Franklin, said: “Don't put off until tomorrow what you can do today,” it’s unlikely he was referring specifically to the digital transformation of your business – but that doesn’t mean he wasn’t right.
After all, there’s a reason why many big players in the technology industry have become household names. Don’t be afraid of the unknown This fear of failure often stems from the unknown. But with technology moving fast, you won’t always be able to let others test the waters and give you a model to emulate, meaning you might have to take risks where the impact on the business is unknown. These experiments don’t have to be big, enterprise-wide projects. In fact, according to our study conducted in conjunction with Singapore Management University – Executive Development (SMU-ExD), KPMG and DBS Bank, giving smaller, more nimble teams the resources required to try new things is more likely to cause a culture of innovation to spread organically, with a greater level of confidence, credibility and receptiveness. Don’t be afraid of technology Whether it’s Luddites in the late 1700s, destroying machinery in fear of losing their jobs, or prospective railway passengers refusing to board trains in the 1800s in case the high speeds (a terrifying 30mph) made their bodies melt, or concerns that the proliferation of Wi-Fi networks would slowly fry our brains, humans have a long history of being distrustful of new inventions."Re-framing initiatives as ‘experiments’ that may or may not succeed promotes a culture of learning and tolerance for risk-taking and failure, which can yield greater results than if you constantly stick with what works."

They must also play an active role in directing strategy and providing direction specific to the company, at least until the process has reached a stable position. Don’t be afraid of empowerment"Even if they’re not digital natives, for the CEO and other senior staff members to be seen embracing change and demonstrating its benefits has a huge impact on its acceptance by the rest of the company."

Leaders In Our Own Right
Explore related solution
We’re now several months into a global pandemic that's accelerated the adoption of new technologies faster than any other driver to date. In this blog, Tata...
Cybersecurity is a topmost priority in business leaders' minds the world over, according to Tata Communications' ‘Leading in the digital-first world’ report, and this is...
What’s next?
Explore Our Solutions
Explore our solutions through immersive platform demos or engage with our surveys and pricing calculators
Explore Our Solutions
Explore our solutions through immersive platform demos or engage with our surveys and pricing calculators
Explore Our Solutions
Explore our solutions through immersive platform demos or engage with our surveys and pricing calculators