Page 135 - Cyber Defense eMagazine October 2023

transformation is a testament to the power of leveraging technology to meet emerging consumer
demands, disrupting established industries.

While these case studies illuminate the trajectory of companies that either seized or missed out on digital
opportunities, they also underscore a consistent theme: the path to digital transformation is riddled with
opportunities and obstacles. These real-world stories remind us that while embracing digital strategies is
critical, understanding the challenges ahead is equally essential. With this backdrop of varied
experiences in the digital realm, it's imperative to discuss the myriad challenges companies may
encounter as they strive to evolve.

Real-World Challenges

• Resistance to Change: Employees accustomed to traditional systems often resist new digital
methods. Overcoming this inertia requires continuous training and fostering a culture that
celebrates innovation.
• High Initial Costs: Digital transformation often demands significant upfront investments, deterring
many companies, especially smaller ones, from taking the plunge.
• Security Concerns: As companies transition online, they become more vulnerable to cyberattacks.
Balancing accessibility with security is a consistent challenge.
• Integration of Legacy Systems: Merging old systems with newer digital solutions can be
technologically challenging and time-consuming.

Understanding these real-world challenges is only one part of the equation. To truly harness the power
of digital transformation, one must also grasp the evolution businesses undergo as they journey from
traditional operations to becoming fully digitized entities. This progression is not a linear path but a series
of stages, each with unique characteristics and demands. Let's explore the stages of digital evolution,
which paint a vivid picture of this transformative journey.

Stages of Digital Evolution: From Traditional Roots to Native Mastery

(Based on Harvard Business Review's Maturity Model - source)

Different sectors showcase varying degrees of digital maturity, from traditional operations to those born
in the digital era. These maturity stages, from traditional to bridge, hub, platform, and native, illustrate the
industry's progression into the digital age.

• Traditional Stage Companies:

Description: Traditional entities often see a dissonance between their tech and business teams. While
the tech team feels the impact of their efforts, the business side struggles to identify tangible benefits.

Cyber Defense eMagazine – October 2023 Edition 135
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