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A digital catch-22: after the crisis, who’s betting on digital transformation?

Willcocks, Leslie P. ORCID: 0000-0003-2572-9554 (2021) A digital catch-22: after the crisis, who’s betting on digital transformation? LSE Business Review (16 Feb 2021). Blog Entry.

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Abstract

Many organisations attempt digital transformation, but failure is five times more likely than success. Digital transformation is not a piece of cake. It requires redesigning the whole organisation and involves large-scale change. Being slow to adopt digital technologies may reduce risk in the short term but builds growing business risk and reduced competitiveness in the long term. And this trend will be repeated and magnified by the growing adoption of automation and ‘AI’ over the next five years. Leslie Willcocks writes that there are ways out of the digital catch-22, but senior executives responsible for digital transformation will need to take a much bigger view of the change process, if the potential business value of digital investments is going to be realised.

Item Type: Online resource (Blog Entry)
Official URL: https://blogs.lse.ac.uk/businessreview/
Additional Information: © 2021 The Author
Divisions: LSE
Subjects: H Social Sciences > HD Industries. Land use. Labor
H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Date Deposited: 25 Mar 2021 14:54
Last Modified: 17 Jul 2021 18:06
URI: http://eprints.lse.ac.uk/id/eprint/109039

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