![]() ![]() ![]() Framed in the context of adopting a capability-based approach to digital transformation, this paper presents a review of pertinent literature, and discusses core learnings in relation to a number of key capabilities that are the foundation for digital transformation. Time and resource constraints, however, will undoubtedly challenge organizations that attempt to develop multiple capabilities simultaneously, and ultimately may impede the success of the digital transformation. Successful digital transformation requires an organization to develop a wide-range of capabilities which will vary in importance depending on the business context and the specific organization's needs. In fact, there is growing acceptance that adopting a capability approach as opposed to a process-based approach to management can result in greater value generation for an organization. For effective digital transformation, organizations need to expand their focus beyond solely considering technology in isolation, to include the underlying organizational capabilities necessary to be successful with technology. These changes require a distinct evolution from traditional thinking-changes that some organizations are undoubtedly struggling with. ![]() In the digital environment, digital technology needs to become central to how the business operates, and organizations effectively need to rethink and possibly re-invent their business models, so that they continually learn from interactions with customers, suppliers, and partners in the business ecosystem in order to remain competitive. Digital transformation requires an enterprise mind-set and impacts every function and business unit of an organization. ![]()
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