The relentless progress in both quantum hardware and the development of quantum algorithms has brought quantum computing much closer to real-life use cases. As an emerging paradigm, quantum computing offers the potential to provide a significant computational advantage over conventional classical computing by exploiting the principles of quantum mechanics. This article delves into some of the applications of quantum computing with the greatest practical potential today.
Companies are constantly changing, adapting their structures, resources, and objectives as they evolve to overcome the inertia that impedes change. There are different approaches when it comes to addressing business transformation with smart technologies that imply different ways of understanding the reasons, timing and opportunity to carry out the changes and that have consequences on the risks and costs of transformation.
Business transformation initiatives deliberately introduce organizational changes that are global and pursue ambidexterity, namely, the simultaneous combination of two different modes of operation, the exploitation mode and the exploration mode. In general, companies will use different approaches in their exploration and exploitation strategies.
In today’s business environment marked by strong competition and continuous pressure for organizations to transform and not stop innovating, an endless number of new difficulties and challenges arise that transformational leaders must manage. It is crucial that transformational leaders effectively identify and develop a set of dynamic capabilities to respond to environmental changes and maintain a high level of performance.
Managing digital transformation requires orchestrating work within the firm to achieve better products/services and build business models that harness the benefits offered by digital technologies. Firms must consider digital transformation seriously, whether it takes place in an evolutionary or disruptive way, because those that do not adapt to the digital environment will be victims of "digital Darwinism".