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What is digital transformation? | McKinsey - McKinsey & Company
2024年8月7日 · 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 deploying tech at scale to improve customer …
What ‘digital’ really means | McKinsey - McKinsey & Company
2015年7月1日 · Building foundational digital capabilities. The final element of our definition of digital is about the technological and organizational processes that allow an enterprise to be agile and fast. This foundation is made up of two elements: Mind-sets. Being digital is about using data to make better and faster decisions, devolving decision making ...
The keys to a successful digital transformation | McKinsey
As digital technologies dramatically reshape industry after industry, many companies are pursuing large-scale change efforts to capture the benefits of these trends or simply to keep up with competitors. In a new McKinsey Global Survey on digital transformations, more than eight in ten respondents say their organizations have undertaken such efforts in the past five years. 1 The …
But digital technologies can tame complexity and create leaner models for going global. This is a moment for companies to rethink their organizational structures, products, assets, and competitors. Countries cannot afford to shut themselves off from global flows, but narrow export strategies miss the real value
COVID-19 digital transformation & technology | McKinsey
2020年10月5日 · What’s more, when we asked about the effects of the crisis on a range of company measures (including head counts), respondents say that funding of digital initiatives has increased more than anything else—more than costs, the number of people in digital or other technology roles, and the number of customers. 4 The other measures tested in ...
McKinsey technology trends outlook 2024 | McKinsey - McKinsey …
This year, we reflected the shifts in the technology landscape with two changes on the list of trends: digital trust and cybersecurity (integrating what we had previously described as Web3 and trust architectures) and the future of robotics. Robotics technologies’ synergy with AI is paving the way for groundbreaking innovations and operational shifts across the economic and workforce …
6 The Digital Utility: New challenges, capabilities, and opportunities Accelerating digital transformations: A playbook for utilities Utilities trying to reinvent themselves as digital enterprises have found it hard to scale up from digital pilots. Adopting digital ways of working, adding talent, and modernizing IT will hasten transformation.
For some executives, it’s about technology. For others, digital is a new way of engaging with customers. And for others still, it represents an entirely new way of doing business. None of these definitions is necessarily incorrect. But such diverse perspectives often trip up leadership
What are Industry 4.0, the Fourth Industrial Revolution, and 4IR?
2022年8月17日 · Augmented reality, machine automation, and more: the 21st-century industrial revolution is digital. Industry 4.0, the Fourth Industrial Revolution, and 4IR all refer to the current era of connectivity, advanced analytics, automation, and advanced-manufacturing technology that has been transforming global business for years. This wave of change in the manufacturing …
Digital, enterprise-wide performance management | McKinsey
2020年12月17日 · That’s the promise of enterprise-level digital performance management, which extends 4IR technologies to provide the entire operations organization, from senior leaders to thousands of frontline workers, with actionable insights that enable faster, more accurate decisions about financial and operational performance.