In episode 62 of the Leadership Minute, Tony Uphoff digs into recent research from Deloitte on digital transformation, which looked at a decade’s worth of data from more than 4,600 companies, with the goal of assessing what impact, if any, digital transformation initiatives have on enterprise value as determined by market capitalization. To hear more data modernization, AI/hyperautomation, cybersecurity, and growth strategies from CIO practitioners, tune into Acceleration Economy’s Digital CIO Summit, which takes place April 4-6. Register for the free event here . Highlights 00:40 — Tony says that the hardest part of any digital transformation is not in deciding whether or not to do it; it’s in determining whether or not you’re going to get a return on your investment. 01:13 — Deloitte’s research covered three main areas: How firms implemented a digital strategy, whether or not their technology investments were aligned with their strategy, and what efforts they made to prepare their people and processes for digital transformation. 01:42 — According to the analysis, the right combination of digital transformation actions can unlock as much as $1.25 trillion in additional market capitalization across all Fortune 500 companies. But the wrong combinations can erode market value, putting […]
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