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.
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Boston Consulting Group, 2014
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