Agile Isn’t Enough
Part 3 of 5: Why Partnerships Are Critical for Speed and Dynamism
Digital transformation is happening at a rapidly increasing pace, and companies are working hard to evolve in order to remain competitive.
Recently, Mumford Sole Partners, a New York-based firm that specializes in digital transformation, investigated the interrelated barriers to enterprise transformation and detailed how a partnership-driven innovation strategy can start to “shake loose” seemingly intractable obstacles.
In this whitepaper—the third of five whitepapers to come from the study—Mumford Sole explains how/why:
- Even a company executing in a perfectly agile way will not achieve a fast-enough time-to-market if it focuses primarily on in-house (i.e., closed) innovation.
- Speed and dynamism come from leveraging connections, not from simply doing everything faster.
- As traditional competitive dynamics give way to “coopetition,” the ability to work through partnerships will become increasingly important.
Download the whitepaper to learn how to lead digital transformation by understanding digital ecosystems.