The winners and losers of the digital revolution
The digital revolution and the widespread disruption it brings are creating a great divide between business winners and losers. The winners are embracing digital technology and using it to overhaul their businesses processes—reaping revenue and profit benefits.
At a glance
- Yesterday’s CEO looked backward, reviewing month-end results to analyze what the executive team did right and wrong.
- Today’s CEO operates with comprehensive, real-time information, understands what’s happening as it occurs, and acts accordingly.
- Companies with highly integrated teams that combine business, finance, and technology can make the proper technology investments—and outperform the competition.
- But digital transformations will not bear fruit unless business leaders are directly involved, especially the CEO.