Leadership in business has begun to take up the strategic challenge of digital change. You can see it in some key appointments, where here and there, companies have appointed additional specialists in the CEO office to focus (the boss) on the question. It’s about time! Enough with the geeky mumbo-jumbo
The adoption of social technologies by corporations around the world has stalled in the last 12 months according to new research by McKinsey & Company. This is despite the management consultants saying that companies are missing a potentially huge prize. (McKinsey & Company authors Michael Chui, Lindsay Pollak, Martin Dewhurst.) According
The most challenging aspect of successful digital transformations is delivering a fully consistent, joined–up, end to end experience, according to a new McKinsey & Company report. Called “Finding your digital sweet spot” it stresses the need to apply digital technologies holistically, and not think of them simply as new channels.
Australia’s consumers are digital leaders but its business leaders are laggards. That’s our key take out from an interview yesterday with Frank Farrall lead Partner at Deloitte Digital. While local consumers frequently rank in the top five in the world for social media adoption, online shopping adoption and tablet adoption,
Virtually every key stroke you make online, every wireless transaction between a car and a tolling point, a credit card and an EFTPOS terminal, even the very action of people with smartphones entering and leaving electronically monitored buildings, sets off a slew of information flows. These pieces of information generate
Most professionals rate their company’s enterprise social networking effort as a fail according to a new report by Deloitte and MIT Sloan. The study is a follow up from an earlier effort in 2011. The better news is that the latest results show progress, but that progress is still painfully slow.
Most banks will process the majority of their transactions in the cloud within three years, 3D printing will upend multichannel retailing models but also generate huge $100 billion IP losses in some sectors, and insurers will abandon almost half of their customer facing mobile apps by 2016 due to poor
Innovation, it seems, is a rather slippery term to nail down. Few business leaders would admit to being poor innovators, and yet ask them to define exactly what it means (and as headhunters that’s exactly what we do!) and you will get a wide variety of responses. The problem is
Do not let a thousand flowers bloom. Not if you want your organisation’s digital transformation to succeed. Instead, all the evidence suggests that change needs to be driven from the top and companies should designate a specific executive or executive committee to spearhead efforts. That’s the finding of a new
The pace of digital transformation and the lack of a shared vision are two of the biggest problems large companies run up against when trying to drive digital change throughout their organisation, according to Capgemini Consulting. Which-50 recently described how a comprehensive Capgemini global study quantified the economic benefits to companies of