Digital Business Transformation: A Strategy for Competitive Success
VerifiedAdded on 2023/06/12
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Essay
AI Summary
This essay discusses the importance of digital transformation for organizations to succeed in today's competitive industrial context, using Tesco as an example. It highlights how digital payment and digital supply chains are key examples of companies transitioning towards digital technology. The essay emphasizes that digital transformation is not a choice but a fundamental business tactic, enabling better collaboration, leadership, and personalized customer engagement. It also addresses the role of digital transformation in enhancing security and meeting changing business requirements, ultimately equipping businesses with advanced tools to stand out from competitors. The essay references books and journals to support its arguments, highlighting the necessity of re-imagining traditional business structures in the digital age.
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