B2B NewsPet industry news5 Top Benefits of Digital Transformation

5 Top Benefits of Digital Transformation


- Advertisment -spot_img

How Do You Know If You Need Digital Transformation?

Before any digital transformation, it’s important to assess your digital maturity. Fortunately, there are several benchmarks available, including Google and Boston Consulting Group’s digital maturity benchmark and the Microsoft and Harvard Business Review (HBR) model.

HBR identifies five stages that companies typically progress through on their transformation journey. By evaluating your company’s current performance using this benchmark, you can gain insight into where you are on your digital transformation journey and use this as a starting point. 

As digital transformation progresses, your digital efforts will become more efficient and effective.


In addition to defining the levels of digital maturity,  HBR also assessed the digital maturity of 150 companies across different industries, including manufacturing, healthcare, consumer products, financial services, aerospace, pharma, and biotech.

They discovered that while some companies struggled to make progress in their digital transformation efforts, many had achieved significant success. Interestingly, success wasn’t linked to the size of the company’s IT budget, nor did it matter whether the company was a digital native like Uber, Airbnb, or Netflix. 

Size wasn’t a barrier to transformation either. Enterprises like Unilever, Fidelity, and Starbucks foster a digital innovation mindset and culture.


Finally, the researchers concluded that not all industries achieved a positive return on investment from their digital transformation efforts. Simply investing in technology isn’t enough – companies must provide the tools transformers need and support employees at all levels. It takes the right combination of technology, people, and processes to achieve superior performance. Companies that didn’t adequately support their employees with effective tools and processes failed.

To ensure the success of digital transformation initiatives, it’s important to have a clear understanding of the level of digital maturity in your industry, your competitive landscape, customer expectations, and the specific benefits you can gain from your initiatives. Only then can you maximize your chances of success.

Source link


Please enter your comment!
Please enter your name here

Latest news


“由衷期待双方以此次推介会为契机,持续深化经济、科技、教育、文化、体育等各领域沟通交流,努力打造更多标志性合作成果。”12日-14日,2024“港澳·绍兴周”在香港启幕,绍兴市委书记温暖率市代表团赴香 Source link


30岁裸辞去蓝带学厨艺,毕业后仅仅用了2年的时间就一举成为百万粉丝的美食博主。这一次我们邀请到了美食博主徐人宇Vincent,以及蓝带国际大中华区董事总经理、澳大利亚蓝带学员商凌燕女士、蓝带巴黎学员侯 Source link


伴随着奥运会资格系列赛·上海的临近,城市体育节撒网预热期的推广活动日益火热。4月以来,不同主题的运动项目进入商圈、学校,让更多人体验到这些城市运动项目的乐趣。近日,“极限宝贝bmx初体验骑进校园”系列活动亮相上海市黄浦区 Source link


伴随着奥运会资格系列赛·上海的临近,城市体育节撒网预热期的推广活动日益火热。4月以来,不同主题的运动项目进入商圈、学校,让更多人体验到这些城市运动项目的乐趣。4月30日上午,“极限宝贝bmx初体验骑进校园”系列活动亮相上 Source link
- Advertisement -spot_imgspot_img


上海海洋大学的历史可上溯至1912年成立的江苏省立水产学校。2006年,位于杨浦区军工路的上海海洋大学前身——上海水产大学,积极响应上海市教委号召,成功组织了“阳光体育大联赛”。宣传、动员过程中,学校 Source link

「贵州日报·教育」聚势赋能 提质扩容——贵州财经大..

2023年11月21日贵州日报16版(点击图片,阅读全文)全省高等教育高质量发展大会对当前和今后一个时期全省高等教育工作作出部署,描绘了新时代贵州高等教育发展的新蓝图,干货满满、令人鼓舞、催人奋进。风 Source link

Must read

Lady Gaga and Cardi B Meet at the Grammys

What was expected of her was the same thing...

Jennifer Aniston’s Ex Justin Theroux Wishes Her Happy Birthday on Instagram

What was expected of her was the same thing...
- Advertisement -spot_imgspot_img

You might also likeRELATED
Recommended to you