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The New Champions of Digital Disruption: Incumbent Organizations

White Paper Published By: Infosys
Infosys
Published:  Sep 24, 2018
Type:  White Paper
Length:  17 pages

Did you know that majority of the respondents in a recent survey identified digital skillset (57%), senior leadership commitment (50%), and change management (42%) areas as the most important success factors for digital transformation?

Infosys commissioned an independent survey of over 1,000 senior management level executives from organizations with annual revenues over US$ 1 billion to understand the impact of digital disruption on their organizations and how they were dealing with it. Three clusters emerged from the survey findings, based on the business objectives behind their digital transformation initiatives- Visionaries, Explorers, and Watchers. The survey provides valuable insights into how organizations can evolve from being watchers and explorers to visionaries.

Key findings from the report that you can use to charter your digital future:

  • Visionaries target higher order business objectives, such as new business models and culture, from digital transformation, while explorers are focused on customer-facing outcomes and watchers on efficiency.
  • Visionaries have a broader, deeper view of digital transformation. They are not only looking at emerging technologies, but are also focusing strongly on core areas such as mainframe and ERP modernization.
  • Most visionaries (83%) expect their transformation partners to prepare their workforce for digital transformation, while explorers (59%) want them to possess change management skills.
  • All three clusters confirm that a partner who can generate vision and shape the path of transformation would accelerate their transformation journey.



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