
Audio By Carbonatix
The buzz around Digital Transformation has never been greater. Fact is, the talk in boardrooms across the continent is increasingly focused around better using technology to improve and grow business and economies. This realisation is driving greater investment throughout Africa and the World. But how much of it is just rhetoric and first-stage commitment?
Whilst there are some success stories where companies have made the change required and have ultimately prospered, these are still few and far between.
Mike Perk, Managing Director at African Innovation Agency WWC, states, “committing to digital transformation change isn’t the same as committing to its consequences”.
Perk’s philosophy is that to change the way you do things you have to make new choices and be adaptable to the consequences they may bring.
“Many leaders know they need to change but aren’t prepared to fully let go of their entrenched beliefs and behaviours. The consequences of digital transformation include, at worst lost jobs, at best the creation of new products or even a new business. But one thing it always means is the shifting of resources (money and people) that impacts heavily on the outcomes. Outcomes leaders are often not prepared for”.
In his experience most leaders see digital transformation as something that runs alongside their current operation, rather than something that may replace it.
Perk says “unfortunately many leaders and employees of companies aren’t willing to accept those consequences. It’s this fear of change that drives this lack of commitment.” Perk believes that companies need to ensure that time and effort is being placed on the leadership team’s capability around digital and ensuring company-wide buy-in to the change management process required to go with it.
Drawing from his own insights into digital transformation, Perk believes that it is visionary leaders with good digital capability and the proper implementation of change management that are needed if African businesses want to make a true impact through technology today.
Latest Stories
-
Mahama vows to prioritise roads, social amenities in Savannah region
3 minutes -
Mahama sets up 18-member panel to advance Africa-led global health reforms
8 minutes -
Ghana Medical Trust Fund Administrator urges hope and compassion in Easter message
9 minutes -
Traders, Freight forwarders push back against planned cargo tracking policy
11 minutes -
BoG Governor highlights tough trade-offs in monetary policy decisions
13 minutes -
Trade Ministry intervenes to stop sachet water price increase, talks set for Wednesday
19 minutes -
Onion supply to Ghana threatened as trucks held up in transit dispute
26 minutes -
President Mahama to attend One Health Summit in France, hold bilateral talks with Macron
1 hour -
Mahama endorses ADB at Kwahu Business Summit
2 hours -
Every gram will be tracked – Gold Board unveils traceability push to deal with illegally-mined gold
3 hours -
Analysis: Why the Bank of Ghana sold half its gold reserves
3 hours -
Buy wrong gold, face prosecution – Gold Board CEO cracks down on rogue dealers
3 hours -
Africa pushes integrated health agenda ahead of One Health Summit in Lyon
3 hours -
We own the strategy, its not head office decision – GCB MD positions bank as engine of Ghana’s economy
3 hours -
No more waiting for head office – GCB boss pushes Ghana-first banking
4 hours