Warren Buffett, Chairman, and CEO of Berkshire Hathaway, has said that digital transformation is a fundamental reality for businesses today. We cannot stress the importance and criticality of digital transformation and digital transformation quotes. Every company- homegrown or corporate needs to accelerate and innovate their workplace. Often, businesses lose sight of the bigger picture and miss golden opportunities because they lose track of time and thought. We have curated a list of the best Digital Transformation Quotes.
To keep you on the top of change and innovation and re-ignite the spark, we have curated quotes from some of the world’s leading thinkers, innovators, and industry leaders that address the different dimensions of digital transformation.
“In Today’s era of volatility, there is no other way but to re-invent. The only sustainable advantage you can have over others is agility, that’s it. Because nothing else is sustainable, everything else you create, somebody else will replicate.” — Jeff Bezos, Founder, Amazon
“At least 40% of all businesses will die in the next 10 years… if they don’t figure out how to change their entire company to accommodate new technologies.” — John Chambers, Cisco
“Clearly, the thing that’s transforming is not the technology — it’s the technology that is transforming you.” — Jeanne W. Ross of MIT Sloan’s Center for Information Systems Research
“Every industry and every organization will have to transform itself in the next few years. What is coming at us is bigger than the original internet, and you need to understand it, get on board with it, and figure out how to transform your business.” — Tim O’Reilly, Founder & CEO of O’Reilly Media
“When digital transformation is done right, it’s like a caterpillar turning into a butterfly, but when done wrong, all you have is a really fast caterpillar.” — George Westerman, MIT Sloan Initiative on the Digital Economy
“Less than 1% of data in businesses is analyzed and turned into benefits.” — SAP
“The last ten years of IT have been about changing the way people work. The next ten years of IT will be about transforming your business.” — Aaron Levie, CEO of Box
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“90% of CEOs believe the digital economy will impact their industry, but less than 15% are executing on a digital strategy.” — MIT Sloan and Capgemini
“One of the factors that I believe is the biggest obstacle to transformation is the fear of cannibalization.” — Ganesh Ayyar, Mphasis
“Think of digital transformation less as a technology project to be finished than as a state of perpetual agility, always ready to evolve for whatever customers want next, and you’ll be pointed down the right path.” — Amit Zavery, VP and Head of Platform, Google Cloud
“Don’t be fooled by some of the digital transformation buzz out there, digital transformation is a business discipline or company philosophy, not a project.” — Katherine Kostereva is the CEO and managing partner of BPM online
“You can’t delegate digital transformation for your company… You and your executives have to own it! Executives need to engage, embrace, and adopt new ways of working with the latest and emerging technologies.” — Barry Ross, CEO, and Co-Founder, Ross & Ross International
“Change is the law of life and those who look only to the past or present are certain to miss the future.” — John F. Kennedy
“With fast ideas comes faster innovation: 60% of Apple’s revenue comes from products that didn’t exist 4 years ago. That’s a blistering pace of innovation. Expect that to become the norm in most industries as the future accelerates, product lifecycles collapse, and disruption disrupts.” — Jim Carroll, Futurist
“When it comes to marrying online with offline efforts, technology is not a driver, but it is critical in making it happen.” — Alison Corcoran, CMO, and President of DentaQuest Partnership
“It’s no longer the big beating the small, but the fast beating the slow.” — Eric Pearson, CIO, International Hotel Group (IHG)
“We’re only at the very, very beginning of this next generation of computing and I think that every industry leader will be the ones that transform first. I don’t care what industry you’re talking about.” — Kim Stevenson, CIO, Intel
“The next 5 years will be more disruptive than the last 15. This is NOT business as usual. A lot of technology that came in three years ago doesn’t work anymore.” — Saul Berman, IBM
“The biggest part of our digital transformation is changing the way we think.” — Simeon Preston, Bupa
“We went from being the Flintstones to the Jetsons in 9 months.” — Dan Schulman, PayPal
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“The enterprise that does not innovate ages and declines, and in a period of rapid change such as the present, the decline will be fast.” — Peter Drucker, American-Austrian consultant
“It is not the strongest of the species that survives, nor the most intelligent that survives. It is the one that is the most adaptable to change.” — Charles Darwin (1809-1882)
“Automation applied to an inefficient operation will magnify the inefficiency.” — Bill Gates
To bring in digital, you have to start thinking now. It’s like adopting a lifestyle- deciding to exercise for your wellbeing! Digital transformation isn’t just a switch you turn on with the right amount of investment.
A successful transformation is a big change in culture, business practices, and strategy, and even how work is being done. Hence, it’s crucial that before transforming, leaders galvanize their workforce so that they all have the mindset to withstand it.