What is digital transformation? | McKinsey - McKinsey & Company
WEBAug 7, 2024 · Digital transformation is the rewiring of an organization, with the goal of creating value by continuously deploying tech at scale. A clear digital transformation strategy focused on specific domains and enabled by a set of specific capabilities is critical for organizations to not only compete but survive.
What Is Digital Transformation? - IBM
WEBApr 12, 2017 · Digital transformation is a business strategy initiative that incorporates digital technology across all areas of an organization. It evaluates and modernizes an organization’s processes, products, operations and technology stack to enable continual, rapid, customer-driven innovation.
What is Digital Transformation & Why is it Important? - Accenture
WEBDigital transformation is the process by which companies embed technologies across their businesses to drive fundamental change. The benefits? Increased efficiency, greater business agility and, ultimately, the unlocking of new …
The Value of Digital Transformation - Harvard Business Review
WEBJul 31, 2023 · Summary. While 89% of large companies globally have a digital and AI transformation underway, they have only captured 31% of the expected revenue lift and 25% of expected cost savings from the...
The Essential Components of Digital Transformation
WEBNov 23, 2021 · In fact, the essence of digital transformation is to become a data-driven organization, ensuring that key decisions, actions, and processes are strongly influenced by data-driven insights, rather...
The 4 Tiers of Digital Transformation - Harvard Business Review
WEBSep 21, 2021 · This article provides an introduction to four distinct tiers of digital transformation, each of which meets different strategic objectives and allows companies to maximize the value they...
The keys to a successful digital transformation | McKinsey
WEBOct 29, 2018 · The 21 keys to transformation success are the practices with the highest Shapley values. the following are those that best explain the success of an organization’s digital transformation: Implement digital tools to make information more accessible across the organization.
How top-performing companies approach digital transformation
WEBMar 23, 2024 · Their focus is never just tech—it’s also strategy, talent, operating model, data, and scale and adoption. Check out these insights to understand how your organization can rewire to capture value—or risk joining the pool of increasingly distant laggards.
Digital Transformation - Strategic Guide to IT Transformation - Gartner
WEBDigital transformation success: Best practices in strategy and execution. Five key phases of transformation: Ambition, design, deliver, scale and refine. Also scroll down for instant insights on targeting digital transformation vs. digital optimization, digital strategy and business models.
What is digital transformation? Everything you need to know
WEBDigital transformation is as much about establishing the right cultural change program as introducing new tech. Digitalization needs IT organizations to work out quickly what their business needs ...