© The Author(s), under exclusive license to APress Media, LLC, part of Springer Nature 2023
M. SchankDigital Transformation Successhttps://doi.org/10.1007/978-1-4842-9816-9_1

1. The Key to Digital Transformation Success

Michael Schank1  
(1)
Cary, NC, USA
 

In the age of digitization, businesses face a critical imperative: to adapt and embrace innovation or risk being left behind in a rapidly evolving world.

The concept of creative destruction, which is the process where innovation and technology advancements are reshaping industries and business models, is the driving force behind digital transformations. In this chapter, you’ll explore what digital transformation is and the state of digital transformation programs where unfortunately there is a high ...

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