Digital Transformation and the First Law of Thermodynamics
The First Law of Thermodynamics states, "energy can be changed from one form to another, but it cannot be created or destroyed.” In a business context that can be interpreted to mean if energy is being used to resist change, then it is not available for making change. Change is difficult. The default mode for most organizations and people is to resist change. Blockbusters’ own board resisted digital and business model transformation out of concern for short-term profits, which doomed it. Businesses that can direct energy to fast and positive transformation can exploit many more opportunities than enterprises mired in resistance. Digital transformation and business agility are increasingly important in order to succeed, and both of these consume energy in the form of resources, available funds, credit, skills, change resistance, leadership, mental and emotional energy, time, etc. Enterprises need a method by which they can measure and monitor the amount of energy they have