Digital transformation is now on the table of every business management, and you agree that most companies will in some way be affected by new business models and revenue from digital processes. There are many Body corporate managers adopted digitalisation in Australia.

The prerequisite for success is that the owners, the board and the management must be aware of what it means to achieve successful results.
Today there is a lack of digital competence in boards and management teams. According to a current study, 80% of directors in Australian companies were asked about digital development, everyone agreed that development will affect business models.

“Everyone in the board and management must have digital skills.” But most are uncertain if they own such competence in boards and management teams.

Some companies have started triumphant and started the process than in most cases smaller companies. But to succeed, it is necessary to have support and backing from senior management.

The risk is that the traditional business model obscures the possibilities of the digital transformation and will be treated as a limited and limited project. Expertise in digital issues of many companies can point out that a failure will be realized. This is a problem and high demands on management’s self-awareness. Is it necessary for members of the management team and board without digital skills to be replaced?

Obviously, it is up to each to assess the risk factor. What, on the other hand, everyone must strive for is to build a culture where everyone is vulnerable to acquiring new knowledge and skills, not removing existing ones. Perhaps there are resources at the company that already work with digital processes, use these to share their knowledge. Then at least everyone can get an overall picture and an understanding of how all of this will change different parts of the company, and ultimately the result.

Useful Information about Body corporate managers in Brisbane

Capitol BCA offering quality Body corporate management services.

Their headquarters located in Brisbane

33 South Pine Road
Alderley Qld 4051

Also catering the services in Goldcoast & Redcliffe

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