| | NOVEMBER 20218DIGITALLY DETERMINED AND DIGITALLY DISTRAUGHTBy Kaushik Mitra, Senior Director, Cloud ERP, Oraclell the businesses are thinking about digital transforma-tion. Almost every business has cov-ered some distance on this journey. However, not all journeys are pleasant or successful. So, digitally determined are those organizations who have been suc-cessful in formulating a strategy and digitally distraught are those who are struggling with the change. A digitally distraught busi-ness or organization is one that is caught in indecision about which business processes should be transformed or may be involved in continuous cost-cutting measures to regroup from legacy investments. Choosing the right partners for digitally distraught businesses is also very difficult and hence they often lose track of the right busi-ness decision.On the other hand, digitally determined businesses are those that have the bigger picture in mind and plan a roadmap towards advanced changes with a view of the entire business. They understand that this transforma-tion is not a destination, rather an ongoing journey. Digitally determined businesses understand that there will be hurdles in the journey, and yet are resolute to overcome those hurdles while still rolling the ball for-ward at a fast pace.Reasons For Digital Transformation Unsuccessful AttemptsDigital transformation at the project level is a recipe of a disaster. Digital transformation in silos can never be successful, there must be a holistic approach that would put the company culture first. In the future, there will be two types of companies, digital and non-digital. According to IDC, 46 percent of organizations worldwide are "digi-tally determined," and have the right digital transformation strategy and processes for their organization. The other 54 percent of organizations are "digitally distraught," which is in danger of being left behind in the digital economy. These organizations may want to undergo a digital transformation, but they haven't changed their culture yet and each functional area or line of the business tends to have its own approach. Digitally distraught organizations often struggle to demonstrate that digital transformation is good for IN MY OPINIONAKaushik Mitra, Senior Director
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