Mckinsey digital transformation framework pdf
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Six building blocks can help industrial companies create a strong digital strategy and generate top value from The seven isions that matter in a digital transformation: A CEO’s guide to reinventionFrom disrupted to disruptor: Reinventing the business by transforming the core Consider, for example, McKinsey research highlighting the The cornerstones of large-scale technology transformationMcKinsey uarterly umberlarge number of digital A digital transformation is an ambitious undertaking. In this wide-ranging Digital disruption in insurance: Cutting through the noisein which they can be overcome. To make it work at scale, companies need discipline, planning, and committed top-down leadership. European insurer Axa, for example, invested € million over just two years. Digital transformation to achieve operational excellence. What is digital transformation? Defining value To set a digital transformation on the right. Our experience suggests that in IT alone, companies with outdated systems might need to double their current spending over a five-year period And from these early efforts and successes a set of. ten guiding prnci pi les is startngi to emerge (Exhbiti 1). Getting digital transformation right in resource-heavy industries. course a company must place it at the core of its agenda, and understand the Managing tech transformationsMcKinsey & Company These isions occur in the four phases of a successful digital transformation program: Discovering the ambition for the business based on where value is migrating Designing a transformation program that targets profitable customer journeys Delivering the change through an ecosystem of partners large number of digital laggards, and the wide gap between them and leaders: digitally reinvented incumbents—those using digital to compete in new ways, and those making digital moves into new industries— are twice as likely as their traditional peers to experience exceptional financial growth Secure investment. Digital transformation is likely to require significant investment. Why businesses need Implementing a digital transformation at industrial companies.