What if the foundations upon which your company built its business shift suddenly and you’re forced to reevaluate long-established strategies and investments? That’s the situation as the business world embraces digital technologies and digital business models. Accompanying this disruption is the inconvenient truth that most companies fail to overcome the huge challenges and achieve their hoped-for breakthrough performance. So, what can your company do to safeguard its investment in the shift to digital and achieve your desired outcomes? Let’s look at key steps in a designed-for-success approach. These steps aim to eliminate risks and failure points that usually occur in digital transformation.
LTI (Larsen & Toubro Infotech), Tata Consultancy Services (TCS) and Wipro are three service providers that recently took steps to accelerate their journey into the digital era. Just like many of their customers, digital disruption threatens these prominent service providers’ legacy business. To maintain their competitive position, they are making deep, bold changes to their business models. Their actions serve as a model for approaching your company’s digital transformation.