All posts by admin

Digital Natives Vs. Traditional Titans: Navigating The Corporate Landscape In The Digital World

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In an era where technology dictates market trends, understanding the dynamics between digital native companies and traditional firms is crucial. Digital native companies, born in the internet age, are defined by their innate understanding and use of digital technologies. In contrast, traditional companies, with their roots in pre-digital times, often rely on established, time-tested business models. Read More

Digital Transformation And Its Effects On The Modern Workplace

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With today’s speed of innovation, the modern workplace is rapidly transitioning toward digitizing business operations. According to the results of a Foundry study, “93% of organizations have adopted, or have plans to adopt, a digital-first business strategy.” Whether incorporating a cloud solution for file storage and retrieval or utilizing remote worker tools to create a work environment for both in-office and off-site workers, digitization has become a focal point across various industries. Read More

Chaos To Clarity: Communication In Supply Chain Digital Transformation

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In the world of digital transformation, the statistics are sobering. A 2021 study by McKinsey reveals that a staggering 70% of such projects fail to meet their objectives. Another McKinsey survey indicates that only 16% of digital transformations result in sustained improvements. With global spending on digital transformation reaching an astronomical $1.59 trillion in 2021, the stakes have never been higher. Against this backdrop, effective communication emerges not as a luxury, but as an imperative. Read More

Evolving From Digital Transformation To Intelligence Transformation

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Businesses are always absorbing new technology. Whether it is electricity, motorized power, assembly lines or the internet, the competitive nature of markets creates the capital motions that propel businesses to absorb new technology or be left behind. Absorbing new technology requires that executive leadership teams reflect on the optimal balance between protecting a business’s propensity to win and leveraging its capacity for change. Once a target balance of winning while changing has been defined, the business then goes on the journey to transform. Read More

Empowering Supply Chain Productivity Through Digital Transformation

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Online retailers and business owners are seeing more traffic and sales than ever, with e-commerce revenue projected to increase 53%, or by $490.4 billion, between 2023 and 2027. In the near term, the holiday shopping season is also approaching, with Deloitte analysts predicting 2023 holiday e-commerce sales to grow up to 12.8% compared to 2022. Considering this surge in activity, legacy logistical and supply chain management solutions can no longer keep up. Suppliers and retailers are now looking to gain increased visibility into their supply chain to cut back on waste, as only “6% of businesses claim to have complete supply chain visibility” in 2023. Read More

Leading Digital Transformation: Why CIOs Should Keep CX Top Of Mind

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Digital transformation continues to be a priority in today’s business landscape, with companies taking a variety of approaches to it. As a CIO, I must admit I have a fascination with “shiny new toys” and often cannot wait to get knee-deep in experimenting with its potential applications to the business. To ensure that we get the best outcome, it is therefore important to have a clear view of the end goal and not forget that tech is ultimately an enabler for the business. Read More