Post on 06-Apr-2017
ALL ROADS LEAD TO DIGITAL
DIGITIZATION IS TRANSFORMING THE WORLD
FROM PRODUCTION TO SUPPLY CHAINS TO DELIVERY TO OVERALL CUSTOMER EXPERIENCE, DIGITIZATION IS TRANSFORMING THE WORLD
IN 2015, DIGITAL ACCOUNTED FOR 22 PERCENT OF THE WORLD’S ECONOMY, AND WE EXPECT THAT BY 2020, IT WILL INCREASE TO 25 PERCENT, UP FROM 15 PERCENT IN 2005..-ACCENTURE RESEARCH
84% CEO’S EXPECT DIGITAL CHANGE TO BRING HIGHER PROFIT MARGINS…-CIO.COM
50% CEO’S EXPECT THEIR INDUSTRIES TO BE SUBSTANTIALLY/ UNRECOGNIZABLY TRANSFORMED BY DIGITAL…-GARTNER
CEO’S EXPECT 46% OF CUSTOMER PERCEIVED VALUE IN THE PRODUCTS TO BE DIGITAL BY 2019…- GARTNER
CEOS' OPTIMISTIC ATTITUDE TOWARD DIGITAL CHANGE AS THEY CAN SEE HOW IT MATTERS TO THEIR CUSTOMERS.
RECOGNIZING PACE OF CHANGE AND ACCELERATING DISRUPTION, CEOS WANT TECHNOLOGY AS CORE COMPETENCY NOT AS COMMODITY
DIGITAL IMPACTING CXO PRIORITIES
Tech Initiativeson end-user customers Cybersecurit
y as a business accountabilityNew products
and servicesDevelop staff for best digital experiences
DIGITAL IS TOP THREE (OF FIVE) CEO STRATEGIC BUSINESS PRIORITIES, CATEGORIZED AND RANKED BY -GARTNER
WHERE DO YOU BEGIN
DATA IS THE NEW BUSINESS CURRENCY
Data > Insight > Action
Begin with Structuring Data (ERP and emails use RPA and NLP)
Generate insights using Digital tools (Cognitive computing to analyse & Predictive analytics to detect trends)
Take empowered actions (Identify actions empowered with insights from your business)
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