Digital Transformation is experienced differently by each enterprise. Each enterprise has a different starting point. An incumbent business that has been around and used technology for 30 years has a different starting point and a different current state than a Born Digital company. Businesses will have a different vision and a different scale for their transformations. Implementation of these visions will be different and that will lead to different outcomes. Our objective in this course is to teach you about the common elements that all digital transformation initiatives share.

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11. Everyone is different

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Disruption
Need for
Change

19. DisruptionEstablished Way
New Way Maturity
Decline
Innovation
Old Way
DX
Adoption

23. • New Participants enter the market
when Disruption creates opportunity
for entry
• Value proposition is firmed up and
viable new participants enter the
Growth Phase
• Some companies fail, some get
acquired during the shakeout stage
• New participants become
Incumbents over time
• Incumbents who can’t transform and
adapt are likely to experience
gradual decline

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Innovation Best Practices
Transformation
Innovation Best Practices

26. Digital Transformation is a response by
Incumbent businesses to the Disruption caused by
Innovation at the hands of the new competitors
and innovating market leaders!
Not always!

29. Disruption Response

31. DisruptionEstablished Way
New Way Maturity
Decline
Innovation
Competition
Regulatory
<…>
Old Way
DX

33. cross-border arrangements by
intermediaries or taxpayers to the tax authorities of member-states.
Legal and fiduciary service providers are to collect certain data and
implement a process of reporting clients to the tax authority.

39. We’re talking about change a lot. So what about
the Digital part?
The focus is actually on
transformation. Technology is a
vehicle to achieve change.