Improved Organizational Agility
Digital transformation can transform an organization to become more agile in its ability to:
Adapt to unforeseen business changes, such as new or existing disruptive competitors (that may be introducing new or improved products into a market), internal changes (the resignation of key executives, changes in internal funding, labor unrest), regulatory changes (new taxes, policies and other regulations that affect how a business operates) (Figure 4.6).
Figure 4.6 Over the course of a year, a business selling food products is required to adapt to a series of regulatory changes that impact some of its products. The improved alignment of its underlying automation systems allows the organization to more efficiently adjust its operations to accommodate such unforeseen changes.
Swiftly introduce new products or services into a market so as to maximize its ability to disrupt an existing marketplace before competitors can adapt and respond.
Refine and adjust its business processes and models in response to new data intelligence, which the organization will also want to carry out swiftly to maximize potential benefits before competitors can themselves adjust.
This increased level of organizational agility can enable businesses to maneuver in response to planned or unplanned business change, with less impact to its operations and automation solutions.