“The digital revolution—the pervasive incorporation of digital technology into virtually everything—is arguably the greatest force of change in today’s economy. Across industries and regions, digital innovation is disrupting traditional businesses and giving rise to a sweeping range of new capabilities, products, services, channels and competitors.

For most organizations, responding to digital opportunities and threats has become a matter of necessity, not choice. And the response must go beyond mere tinkering; digital lip service will not suffice.

Instead, the digital imperative calls for wholesale transformation that cuts across every aspect of how companies engage externally and operate internally. And the magnitude of these transformations requires transformational leadership.”

Full Story (Source: Russell Reynolds Association)