In the face of the increase in threats, many organizations have initiated the implementation of digital transformations in an effort of a long-term fix and as a competitive advantage. Using AI, automation of processes, cloud technologies, intelligent data flows, to name a few, creates higher expectations for customers and creates new business opportunities. The benefit of digital transformation is becoming evident to organizations for the improvement of operations, creating greater value for employees, partners, and customers.
These benefits include deeper analysis, more efficient processes, improved safety, quality, and productivity, reduced costs, as well as increased capacity. Here are some book recommendations to deepen your knowledge of digital transformations.
Digital Transformation: Survive and Thrive in an Era of Mass Extinction by Thomas M. Siebel
A suitable read for those interested in the evolution of technology, the author provides useful advice in an educative and generally informative manner to its readers on the complexities of digital transformation. Digital transformation goes to the very core of how organizations operate and what they do. The book takes on multiple technical tools offering details to adopt a hands-on approach to digital matters. This requires business leaders to study digital transformation carefully and get a better understanding of how the digital undertaking may induce changes in the way we do business, our organization’s culture, and its business model. Artificial intelligence, big data, cloud computing, and the Internet of Things, as disjunctive terms, frequently permeate discussions of commerce, technology, and even the operations of governments. The author explains the impact of AI software innovations on organizational growth through illustrated cases. Written by a highly esteemed author the book is highly recommended to all business owners and anyone seeking to enhance their knowledge.
The Future Is Faster Than You Think: How Converging Technologies Are Transforming Business, Industries, and Our Lives by Peter H. Diamandis and Steven Kotler
The book is a must-read for anyone wanting to know and understand the ever-evolving and augmented world we now live in. Technology is accelerating far more quickly than anyone could have imagined. During the next decade, we will experience more disturbance and the authors offer a good overview of what is happening in cuttingedge technology. The book gives a solid overview of how wave after wave technology is impacting, both our day-to-day lives and society in general, such as shopping, advertising, entertainment, healthcare, finance, food, life expectancy, and other aspects of our lives in a time of exponential growth in computing power. There is a strong sense in the book that the law of rushing returns will compound the effects of the convergence of a number of exponential technologies, such as 5G, ultrafast fixed broadband, AI, AR/VR, etc. It is very well-researched material and has the added bonus of an extensive web-based resource and notes section which serves as a foundation for further exploration of the many topics covered throughout the book.
The Digital Transformation Playbook: Rethink Your Business for the Digital Age by David L. Rogers
With businesses being transformed, changed, adapted, or disrupted by digitalization, the author proposes to view digital transformation in organizations as a strategy over the technology process. A useful source of information for those seeking knowledge, evaluating their business models, and for organizations interested in reinventing themselves digitally. Transitioning into the digital age necessitates an organization to upgrade its strategies by developing a clear vision and enforcing its capabilities to put data to work in the service of innovation, not simply its IT infrastructure. This adaptation to the digital age requires the organization to view customers differently and understand the networked and dynamic ways of their interaction. Creating a framework for digital transformation that suits most organizations, the author breaks the book down to five components of digital transformation; customers, competition, data, value, and innovation, to proceed through the chapters on harnessing customer networks, building platforms, turning data into assets, innovating by experimentation, adapting your value proposition, and mastering disruptive business models.
Digital to the Core: Remastering Leadership for Your Industry, Your Enterprise, and Yourself by Mark Raskino and Graham Waller
The book is sectioned in three parts, as the title suggests, with the first part being about the remapping of your industry, the second part covering the remodeling of your enterprise, and the third focusing on remaking yourself. Through real-life examples that are used throughout the book, from governments to the private sector, the reader gets to gain a better understating of how digital business is about integrating technology and blurring the lines between the digital and physical world. Digital transformation is disrupting the way businesses are delivering value to their customers, therefore, organizations are more and more interested by the day in taking their businesses to the next level in this digital age or by integrating technology. Each chapter ends with actionable takeaways that will help leaders and business owners think through what it means to be digital to the core in their company and industry. The main purpose of the book is to help leaders gain clarity on the existing digital businesses and develop a better understating of what lies ahead while orienting the reader on staying up to date with their organizations for the digital age.