Digital Transformation is About Better Decisions


- Independence for workers and entrepreneurs
- New industries popping up, such as insta shops, podcaster and rapid prototyping in the comfort of home
- Most importantly time, which is coupled with the speed of execution and time with family
“The threats we mainly worry about is security, the level of access that people have in each other’s lives and information,” Cele said. “I’m not really concerned about job losses because evolution is evolution, and human beings are designed to adapt and evolve.
“I’m an optimist,” he said. “I believe, for every 10 jobs lost, one entrepreneur is created. Digital is here to empower and enhance our ability to be productive. Surely, this should result in job creation.”
Nevertheless, in a country with high unemployment, the possibility of job loses should be a big concern.
“We are already in the hole,” Cele said. “The only way to get out of it is through it. Entrepreneurship -- easily fueled by technology -- is the key.”
Digital transformation has an important effect on startups and entrepreneurs.
“It’s actually simple: freedom,” Cele said. “Freedom to work from home, freedom to gather free information, freedom to pick up a new skill. You name it.”
He explained that digital culture must be created and nurtured.
“Do it through the internet with great content and solid products,” Cele said. “The tech community in Cape Town, South Africa, is pretty strong. We should replicate this. From creative relationships with funds, schools and industry, we are destined to grow exponentially.
“This has been coming up a lot when the conversation of unemployment or Fourth Industrial Revolution comes up, and it's a tricky situation,” he said. “Businesses need to stay competitive, and people need jobs. People also need skilled jobs. We've been relying on many lower-skilled positions.”
Cele dismisses the notion that digital invention will outpace regulation and policies.
“Human beings are adaptive and deeply insecure creatures,” he said. “I don’t see that future. I only see us being bionic, not Terminator 2, but it’s a massive possibility.”
Although Cele does not envision specific digital trends, he believes “the Renaissance Man is back: Pick up as many skills as possible.”
Regardless of the future, Cele recommended digital transformation strategies businesses should adopt to disrupt industries.
“The biggest killer of talent is misplacement,” he said. “Imagine having the best accountant designing for you. No one will be happy with this arrangement. With new information, we have a chance to make better and faster decisions.”
Jim Katzaman is a manager at Largo Financial Services. A writer by trade, he graduated from Lebanon Valley College, Pennsylvania, with a Bachelor of Arts in English. He enlisted in the Air Force and served for 25 years in public affairs – better known in the civilian world as public relations. He also earned an Associate’s Degree in Applied Science in Public Affairs. Since retiring, he has been a consultant and in the federal General Service as a public affairs specialist. He also acquired life and health insurance licenses, which resulted in his present affiliation with Largo Financial Services. In addition to expertise in financial affairs, he gathers the majority of his story content from Twitter chats. This has led him to publish about a wide range of topics such as social media, marketing, sexual harassment, workplace trends, productivity and financial management. Medium has named him a top writer in social media.