Those that lead are able to collect and analyze data that followers can’t. Think about the first climber to reach the top of the mountain, they have a new and different view slower followers don’t. If you believe, as I do, that understanding data is the secret sauce of the digitally transformed enterprise, then having data not available to your competitors is a treasure!
Those that achieve digital transformation before their competitors will have advantages – and advantages have advantages. Not only do they have new experiences and new data to analyze and understand, they are able to develop and implement new strategies that make no sense to slower competitors without access to the new data. The digitally transformed can act on data invisible to slower competitors.