By Jonathan Brayne
The top drivers of innovation cited by the more than 100+ senior in-house leaders who completed our survey of in-house legal function innovation included: better data, better service, improved risk management, improved client/user experience, cost cutting, aligning with the business and speed to market.
Digital transformation is the key to realising all these drivers and so warrants better understanding.
Jason Bloomberg, an IT industry analyst, writing on the Forbes website offers a helpful explanation of the confusing terminology behind the concept of digital transformation: “….we digitize information, we digitalize processes and roles that make up the operation of a business, and we digitally transform the business and its strategy (my emphasis). Each one is necessary but not sufficient for the next”.
Read the entire publication here.
