The World Economic Forum and the Digital Cooperation Organization have launched a collaboration – the Digital FDI Initiative – to identify the biggest challenges to growing the digital economy by helping implement policies and measures that will create “digital-friendly” investment climates. This interesting topic came to us from the World Economic Forum in their article, “Here’s how emerging economies are investing in their digital future.”
Digital transformation is the integration of digital technology into all areas of a business, fundamentally changing how you operate and deliver value to customers. It’s also a cultural change that requires organizations to continually challenge the status quo, experiment, and get comfortable with failure.
Digital transformation is here and we need the right governance frameworks to maximize its positive contribution and enable societies to prosper.
Rather than focusing on cost savings, IT has become the primary driver of business innovation. Embracing this shift requires everyone in the company to rethink the role and impact of IT in their day-to-day experience.
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Melody K. Smith
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