Jack Welch famously once said:
“If the rate of change on the outside exceeds the rate of change on the inside, the end is near."
As Digital Transformation becomes a more and more pressing topic of conversation for businesses - specifically manufacturers - we are starting to see certain barriers to change constantly pop up.
Organisational resilience to change is one of the key factors our customers are telling us prevents them from innovating. They simply cannot keep up with the rate of change they're seeing technology and adapt effectively internally.
This is where transformational leadership is critical. Enabling a culture which encourages and inspires employees to innovate and embrace change whilst retaining ownership will drive a company to transform internally, and external volatility will become less of an issue. Think Steve Jobs. Think Jeff Bezos.
Read more below.
Although the concept of transformational leadership can apply to every industry, it’s increasingly important in IT as companies embrace digital transformation. Adapting to rapidly changing technology requires innovation and strong leadership to stay ahead of the curve and to remain competitive.