Digital transformation continues for organizations everywhere. To stay ahead, businesses need to know how to build successful digital products. 3Pillar Global president and CEO, David DeWolf, shares how a product mindset is crucial to success. The rate at which the world is digitizing continues to increase. According to IDC , global spending on the digital transformation of business practices, products and organizations is forecasted to reach $2.8 trillion in 2025. As digital transformation ramps up for organizations everywhere, business leaders are charged with helping their product teams choose where to focus their efforts amid constant digital disruption and growing competition. This means they must know how to build successful digital products. To do this, they must adopt a Product Mindset. The Importance of a Product Mindset A Product Mindset, a collection of characteristics and principles that guide executives and their teams to build digital products that drive outcomes, is critical in a world where digital transformation reigns supreme. But the Product Mindset isn’t just a one-time event; it’s a cultural shift that requires the entire organization to be involved. Adopting a Product Mindset is beneficial as businesses work to develop digital products that resonate with their customers. The product […]
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