g-f(2)55 The Big Picture of Digital Transformation (1/1/2021) in a Single “g-f KBP” Chart

The current "genioux fact" is g-f(2)151 The Big Picture of the Digital Transformation, 3/1/2021, geniouxfacts, How To Succeed At Business Digital Transformation.

Extra-condensed knowledge

MASTER “THE BIG PICTURE OF THE DIGITAL AGE” to increase the chances of a successful Digital Transformation

• The Digital Age as a source of disruptions that are transforming the world makes a holistic vision extraordinarily necessary to fully understand its challenges, opportunities and risks for individuals, businesses, organizations of any kind and for peoples, cities, states, and countries.
• The technological and multidisciplinary knowledge to achieve a successful Digital Transformation evolves day by day.
• Digital Transformation grows increasingly complex, competitive advantages have evolved and it is needed a more systematic approach to strategy and execution.
• Advances in a host of technologies, such as the internet of things, artificial intelligence, virtual and augmented reality, and 5G, have opened new avenues for value creation.
• Only 10% of companies obtain significant financial benefits from artificial intelligence technologies. Companies obtain significant financial benefits from AI when the strategic focus is organizational learning, not just machine learning.

Genioux knowledge fact condensed as an image

The “genioux facts” Knowledge Big Picture (g-f KBP) charts

Condensed knowledge  

• g-f(2)41. MASTER “THE BIG PICTURE OF THE DIGITAL AGE” to increase the chances of a successful Digital Transformation.
• The Digital Age as a source of disruptions that are transforming the world makes a holistic vision extraordinarily necessary to fully understand its challenges, opportunities and risks for individuals, businesses, organizations of any kind and for peoples, cities, states, and countries.
• g-f(2)8, g-f(2)9, Didier Bonnet and George Westerman, MIT SMR. Digital Transformation grows increasingly complex, competitive advantages have evolved and it is needed a more systematic approach to strategy and execution. 
• In 10 years of research, we have seen digital transformation grow increasingly complex, with a new wave of technological and competitive possibilities arriving before many companies mastered the first. 
• Digital transformation has risen much higher on the corporate agenda since our article and book in 2014, and the drive to maintain operations disrupted by COVID-19 has made it an even higher priority. But even as companies have had to move quickly to adjust to the realities of a global pandemic, their leaders also need to take a longer view. 
• Digital Masters to Transform Digital Technology into Business Advantage. Since 2014, when our article “The Nine Elements of Digital Transformation” appeared in these pages, executive awareness of the powerful and ever-evolving ways in which digital technology can create competitive advantage has become pervasive. 
• Advances in a host of technologies, such as the internet of things, artificial intelligence, virtual and augmented reality, and 5G, have opened new avenues for value creation.
• g-f(1)1 – g-f(1)29, g-f(2)1 –   g-f(2)53, “genioux facts”. The technological and multidisciplinary knowledge to achieve a successful Digital Transformation evolves day by day. As an example, look at these links. 
• Leadership.
• Organizational Culture.
• Strategy.
• Innovation.
• Disruption.
• Resilience.
• The Future of Work.
• g-f(1)1 – g-f(1)29, g-f(2)1 –   g-f(2)53, “genioux facts”. Some past golden knowledge could be obsolete nowadays.
• g-f(2)5, McKinsey Global Survey 2020. 
• Leaders companies plan to invest even more in AI in response to the COVID-19 pandemic and its acceleration of all things digital. This could create a wider divide between AI leaders and the majority of companies still struggling to capitalize on the technology; however, these leaders engage in a number of practices that could offer helpful hints for success. 
• And while companies overall are making some progress in mitigating the risks of AI, most still have a long way to go.
• A small contingent of respondents coming from a variety of industries attribute 20 percent or more of their organizations’ earnings before interest and taxes (EBIT) to AI.
• g-f(1)10, Sam Ransbotham, Shervin Khodabandeh, David Kiron, François Candelon, Michael Chu, And Burt Lafountain, MIT SMR, BCG. Only 10% of companies obtain significant financial benefits from artificial intelligence technologies. Companies obtain significant financial benefits from AI when the strategic focus is organizational learning, not just machine learning.

Category 2: The Big Picture of the Digital Age

[genioux fact produced, deduced or extracted from The knowledge of Fernando Machuca + “genioux facts”]

Type of essential knowledge of this “genioux fact”: Essential Analyzed Knowledge (EAK).

Type of validity of the "genioux fact". 

• Inherited from sources + Supported by the knowledge of one or more experts + The research on the state of the art of “The Big Picture of the Digital Age”.

Authors of the genioux fact

Fernando Machuca

References

“genioux facts”: The online programme on MASTERING “THE BIG PICTURE OF THE DIGITAL AGE”, Fernando Machuca, January 1, 2021, 2021, blog.geniouxfacts.com, geniouxfacts.com, Genioux.com Corporation.

ABOUT THE AUTHORS

Fernando Machuca

CEO ‎Genioux.com Corporation

PhD with awarded honors in computer science in France

Fernando is the director of "genioux facts". He is the entrepreneur, researcher and professor who has a disruptive proposal in The Digital Age to improve the world and reduce poverty + ignorance + violence. A critical piece of the solution puzzle is "genioux facts". The Innovation Value of "genioux facts" is exceptional for individuals, companies and any kind of organization.