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If you always believed that success in digital transformation is all about implementing new technology and trends, then you are wrong. There is a lot more to it. The businesses that avoid taking a risk can barely thrive. In fact, they can lose talent as compared to those companies that involve all employees to work on digital progress.

A successful digital transformation constitutes a digital strategy and digital maturity. However, very limited companies around us are at digital maturity. To begin on the journey of transformation, a business must work on its digital strategy. This strategy must be developed with the aim to transform the business.

The organizations that are digitally mature can offer their employees with needed skills 4 times more than those that are not mature. Most organizations lack the ability to conceptualize how digital technologies can impact a business. This is why they never mature digitally.

Employees between the age of 22 and 60 want to work for organizations that are digitally enabled. Such employees constantly look for digital opportunities out there. If a business or organization wants to retain its employees, it must keep with the digital trends.

The organizations that are digitally mature are more comfortable in taking risks as compared to those that aren’t. But how can an organization make itself less risk averse? One way of doingthat is to embrace the failure because it is a prerequisite for success. Employees might be as risk averse as managers and hence a business must support them otherwise, they will never be able to make bold and revolutionary moves.

A single person or one group of leaders are not enough to peruse digital transformation. On the other hand, the organizations that are digitally mature have each individual involved in the digital process. All employers are highly confidently in the digital fluency of their leaders. This happens when the top level management is able to articulate the importance of digital technologies to the employees.

This boils down to the fact that a successful digital strategy can be created when the culture and leadership in an organization are derived towards transformation. There are examples of tons of companies that focus on implementing advanced technology without investing in organizational capabilities. No wonder lots of them have failed in digital transformation. Changing the mindset of the employees and building a culture that accepts change is pertinent to the implementation of a successful digital transformation.

Long story short, the leaders of an organization don’t necessarily have to be tech wizards. All they need is to understand what they can accomplish at the intersection of business and technology. Other than this, they must know how to lead the way in conceptualizing how technology has the ability to transform the business. Once these questions are addressed, the organization can keep pace with the digital trends and transform its own business. Even though the road is long, change will be rapid and intense.