That is why digital transformation calls for a very fundamental relook at and change in business processes and organizations. Partnerships, partnerships, partnerships: Much like the hotel business is all about ‘location, location, location’, digital business is about partnerships. This is the second of the two holy tenets of digital transformation, the other being the business model. Patience: Digital transformation is going to be a long, trying passage. The author is senior vice-president, digital transformation, at Mahindra & Mahindra.

Source: Mint September 06, 2016 18:11 UTC