Don’t let a digital competitor to make you obsolete: Disrupt yourself, and accept the “digital imperative.”
Digital start-ups have shaken up entire industries, challenging the dominance of long-standing companies. Survival of traditional companies depends on “agility” and how effectively they adapt to innovations like big-data analytics and crowdsourcing. This article by Ralf Dreischmeier, Karalee Close and Philippe Trichet of the Boston Consulting Group provides insightful information to companies that want to adopt a digital approach to business. Using real-world examples, the authors highlight five organizational areas where companies should boost digitalization. getAbstract recommends this report especially to senior managers.
In this summary, you will learn
- Why companies should prioritize digital strategy and transformation,
- How companies will benefit from it, and
- What changes companies should adopt to ensure seamless digitalization.
About the Authors
Ralf Dreischmeier is the global leader of the Boston Consulting Group (BCG) Technology Advantage practice. Karalee Close is the global topic leader for digital, big data and advanced analytics in BCG’s Health Care practice. Philippe Trichet is a BCG expert director, specializing in digital transformation.
Comment on this summary
By the same authors
Chris Anderson and Ralf Dreischmeier
Boston Consulting Group, 2014
Customers who read this summary also read
Bloomberg Businessweek , 2017
Bits or Pieces?, 2015
Celia de Anca and Salvador Aragón
OpenMind/BBVA © 2015, 2015
David Burg and Tom Archer