Words ‘Innovation’ and ‘Transformation’ are more often being used interchangeably and synonymously, even in the same sentence or paragraph. And maybe we shouldn’t be surprised as both terms evoke thoughts of modernisation and change, and both are key outcomes of change management concept.
But apart from that, what else do they have in common? Or what’s the difference? What should we do – innovate or maybe transform? How about we do both?
Every company needs a leader. Someone who will guide other people, help them when they’re struggling, make decisions no one wants to make and take responsibility when others are too scared. Being a leader isn’t easy and being the leader in the age of Digital Transformation is even harder.
It may be that for this reason some companies are constantly avoiding change –someone needs to drive forward this change and be ready to face any challenges business might face during its digital journey.