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Bookmark or Share- What is digital transformation? | McKinseyWhat is digital transformation? Digital transformation is the fundamental rewiring of how an organization operates. The goal of a digital transformation, as outlined in the new McKinsey book Rewired: A McKinsey Guide to Outcompeting in the Age of Digital and AI (Wiley, June 20, 2023), should be to build a competitive advantage by continuously ...
- What Is Digital Transformation? | IBMDigital transformation is a strategic initiative that incorporates digital technology across all areas of an organization. Digital transformation evaluates an organization’s processes, products, operations, and technology stack to identify ways to improve operational efficiency and bring products to market faster.
- What is Digital Transformation & Why is it Important ...Digitalization is the use of digital technologies to change business processes and projects—such as skilling employees to use new software platforms designed to help launch products faster. While digital transformation might include digitalization efforts, it goes beyond the project level and affects the entire organization. For most ...
- The Essential Components of Digital TransformationIn 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 keys to a successful digital transformation | McKinseyOur research points to a set of factors that might improve the chances of a transformation succeeding (see sidebar, “Twenty-one keys to success”). 3 The survey tested for best practices in a digital transformation by using different types and structures of questions. To make commensurate comparisons of each practice’s impact on the ...
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