By: James Proctor, Director of Professional Services, The Inteq Group, Inc.Author, Mastering Business ChaosIn my recent blog post, Digital Transformation - an Existential Threat to the Technological Late and Laggards, I defined digital transformation as leveraging information technology to disrupt traditional industry models and business practices to deliver exceptional customer and business value and create sustainable competitive advantage.Advances in information technology are accelerating at such as rapid pace that organizations that are technological late adopters and especially technological laggards are not simply enabling their more technology adept competitors (often referred to technological innovators and early adopters) to gain an incremental competitive advantage, the late and laggard's inability, or lack of awareness, to respond to advances in information technology pose an existential threat to the technological late and laggards.
