Strategy is the art of making use of time and space. I am less concerned about the later than the former. Space we can recover, lost time never. ~ Napoleon Bonaparte
Digital transformation involves the process of transforming a business from one state to another. It is also about time. An important part of this transformation is speeding up the cadence of business and information movement along the time continuum from human, digital and finally to future-time. Businesses today must be capable of competing in all three of these cadences on the time continuum simultaneously.
What are the time cadences on the time continuum?
1. Human-time – time cadence governed by our physical, biological and mental limitations as humans and the regulatory environments that we work within.
2. Digital-time – time cadence supported by the digital and mobile technologies used including computers, software applications and network transmission speeds.
3. Future-time – time cadence stretching into the future and only limited by the lack of available data, computing power and the sophistication of algorithms used to analyze, predict, model, project, forecast and recommend.
