Madonna once said: “You have to reinvent to stay in the game”.
The digital age rewards change and punishes stasis. Reinvention is a rethinking of the business itself. Companies and people that are able to adapt, learn, and find new solutions quickly can do more than just retain market position; they can thrive, whatever disruptions come their way.
Let’s have a look to the 4Ds of Digital Transformation according to McKinsey & Company – Global management consulting: discover, design, deliver, de-risk…
*(Pictures: sparkfun.com & mckinsey.com).