It is only the beginning of the fourth industrial revolution, yet the speed of young digital companies causing disruption across industries has been so quick, that more than half of some large and long-established corporation from the fortune 500 list have been displaced since 2000.
The digital revolution is all about customer-centricity and improving internal productivity. More and more companies are evolving their business model to strengthen its digital innovation capabilities across departments and job functions in order to enhance its customer experience. But many still struggle to identify the key drivers of successful digital transformation for their organisation.
Amidst other factors, organisation structure and culture attributes are profoundly related to how quick and effective the execution of digital transformation can take place in larger organisations. The panel discussion will be touching on how companies can respond to the three main disruptive forces the world is facing today:
- Technology (automation and artificial intelligence)
- Pacific Pivot (the shift in economic power from west to east)
- Changing Demography (the ageing of society)