COVID-19 is pushing small businesses to embrace digitalization—and making them more resilient.
Digital Transformations has set forth a change in leadership thinking, which is now changing the rules of competition. For several decades, Corporate Strategy Development has been founded upon the notion of Strategic Focus. In fact, Michael Porter, known as the Father of Modern Strategy, wrote in 1980 that Strategy targets either Cost Leadership, Differentiation, or […]
Many companies learned to work faster and manage better during the pandemic. Here’s how to make sure those changes last.
Survival of a business in this digital age largely depends on its ability to timely embrace Digital Transformation. Digital Transformation entails using Digital Technologies to streamline business processes, culture, and customer experiences. In order to compete today—and in future—and to enable Digital Transformation, organizations should work towards fostering a culture of continuous learning, since Digital […]
A new Deloitte study points to important differences between A.I. veterans and A.I. virgins.
A new Deloitte study points to important differences between A.I. veterans and A.I. virgins.
It’s the only initiative we found that didn’t decline at middle market firms.
Executives in all industries are using digital advances such as analytics, mobility, social media and smart embedded devices to transform their businesses. They are changing customer interactions, internal business processes and even their business models to take advantage of new technological capabilities. The constantly evolving digital landscape necessitates executives to dynamically design and govern their portfolio […]
Artificial Intelligence AKA AI is here. All businesses are aware of AI and recognize the tremendous potential for AI. AI enables new approaches to existing business models, operations, and deployment of people. These changes can fundamentally alter the way our organization operates. However, if you’re not a high-tech company, are you really sophisticated enough to […]
Transformation of an organization into a Next-generation Learning Organization (NLO) is a challenging endeavor. The main hurdles include convoluted hierarchies, bureaucratic red tape, delayed decision making, and complicated organizational systems and processes. To develop a learning organization, leadership needs to trim down bureaucracy and complexities. They should make the best use of technology to gather […]
