Too risky not to prepare: 6 tips for surviving digital disruption in 2020
“Success in 2020 means increasing the preparedness of both the IT organization and the enterprise to withstand impending business disruption by planning for it ahead of time.”
The honeymoon for digital transformation is over. 40% CIOs claim to have reached scale for digital initiatives that leverage technology to drive business change, a hefty increase from 17% in 2018, according to Gartner’s 2020 CIO Agenda survey.
But the majority of enterprises are merely improving existing business models rather than transforming themselves, which leaves them vulnerable to any crisis that might require holistic change, Gartner analyst Andy Rowsell-Jones tells CIO
“There is a relentless march toward digital maturity,” says Rowsell-Jones, “digital is no longer a differentiator” for combating changing business conditions.
For example, 90% of enterprises surveyed said they have experienced a “turn,” including organizational disruption (47%), operating cost pressures (38%), and adverse regulatory issues (34%) as well as other disruptions such as acquisitions and changing consumer tastes.
• Foster robust relationship
• Scan the horizon
• Develop agile platforms
• Anticipate the turns
• Invest Smart
• Be adaptable