g-f(2)69 THE BIG PICTURE OF THE DIGITAL AGE: Knowledge@Wharton, The digital leader needs a self-transformation for long-term success

Extra-condensed knowledge

• If you look at digital transformation, there are many technological elements that can be clubbed as digital, but that doesn’t make an enterprise a digital enterprise just because you’re using those technological elements. 
• They are enablers, but you really need to embrace the culture, the mindset and how you approach the business, of a digital enterprise. 
• When we analyzed digital enterprises, two qualities stood out: One is continuance innovation or a culture of experimentation, and second was speed. 
• Everything was done at five times, 10 times, 50 times the speed. These two attributes — and having the right culture and those technological elements — make a digital enterprise.

Genioux knowledge fact condensed as an image

Category 2: The Big Picture of the Digital Age

[genioux fact produced, deduced or extracted from Knowledge@Wharton]

Type of essential knowledge of this “genioux fact”: Essential Deduced and Extracted Knowledge (EDEK).

Type of validity of the "genioux fact". 

• Inherited from sources + Supported by the knowledge of one or more experts.

Authors of the genioux fact

Fernando Machuca

References

The Digital Leader: Self-transformation for Long-term Success, In collaboration with Mphasis, Nov 30, 2016, Knowledge@Wharton. 

ABOUT THE AUTHORS

Mphasis CEO Ganesh Ayyar and Wharton professor Tyler Wry recently spoke with Knowledge@Wharton to discuss this self-transformation at the “Unleashing Your Personal Next: Personal Transformation for Sustainable Success” conference.