How M&As and partnerships can fuel digital transformation
Successful digital transformation will likely mean acquiring and building capabilities in-house or through mergers, and tapping on ecosystem partners to extract synergy
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THE Covid-19 pandemic has accelerated business transformation in ways not seen before. Beyond the surge in e-commerce and the use of more online applications, digitalisation has become a priority for businesses seeking to continue operations or enable remote working.
However, such digitalisation efforts in pockets of the company are unlikely to address the larger imperative of achieving sustainable growth and profitability.
Where the business needs to transform to work better, a coherent and cohesive digital strategy is needed. In other words, digital transformation is the means to business transformation.
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