Strategy Investing in digital transformation, addressing new workforce models, and staying adaptable will be key to surviving a potentially volatile year. Photo: Getty Images As we begin 2023, we may hope to leave some disruptions behind us. Yet inflationary pressures, interest rates, and a potential economic downturn threaten as lingering and new forms of disruption. We can predict only one thing: that for the foreseeable future disruption is the new normal. Therefore, businesses are preparing to face these headwinds by strengthening systems and pursuing the flexibility created by digital transformation. In addition, in 2023, we’ll continue to see employee-led changes to the workplace and companies shoring up capital, customers, and supply chains to weather further turmoil. 1. Digital Leadership While many firms have escalated investment in digital transformation since 2020, the process isn’t a set-it-and-forget-it exercise. It’s a continuous journey of learning, testing, iterating, and executing to exceed ever-expanding and evolving expectations. Digital transformation will remain a strategic focus for companies this year. According to the Bank of America Digital Edge Report , the pandemic prompted enormous demand for new digital capabilities. The survey found that 97% of enterprise decision-makers reported their organization sped-up digital transformation during the pandemic. […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
