Business transformation is about:
- change in business models, rules, processes and practices to drive business in new directions,
- change in the way data is gathered, stored, shared and accessed to become useful knowledge to run the business,
- change in the way new information systems/ technologies are used to do business in new ways,
- change in the way leaders, managers interact and people pursue their roles in conducting themselves and their business towards their stakeholders.
- change in the way information security and business ethics are handled towards realising the purpose of business.
Points to ponder:
What kind of mind set drives such change?
What kind of an organization can achieve and sustain such change?
