Digital transformations are abundant. While some make the bank, others break the bank. What’s the difference between the ones that drive value and the ones that don’t? Deloitte’s Unleashing Digital Transformation Value: Paths and Pitfalls Research found the difference is $2.75 trillion. Businesses with a strong digital strategy, aligned tech investments, and a strong digital change capability can drive as much as $1.25 trillion market cap across Fortune 500 firms. But beware: Business transformations and tech investments that lack a digital change capability bring a $1.5 trillion risk. What are business leaders getting right and wrong? "Digital transformation value depends on intentional connection between digital strategies and actions by business leaders." Tim Smith, Deloitte Consulting’s US leader for technology strategy & business transformation What digital actions drive the most market value? Digital Strategy adds value: Businesses that are making digital bets in line with enterprise strategy see market value gains, according to Deloitte’s Unleashing Digital Transformation value analysis of over 4,500 publicly listed companies. However, only 44% of businesses meet this baseline benchmark based on the company’s analysis. Think of it this way: "When a true digital strategy is in place, leaders recognize it’s integral for the business and […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
