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CONTEXT

g-f(2)151 The Big Picture of the Digital Transformation, 3/1/2021, geniouxfacts, How To Succeed At Business Digital Transformation.
g-f(2)156 The Big Picture of the Digital Transformation, 3/5/2021, MIT SMR, Digital savviness is the key ingredient in the success of corporate digital transformation.
g-f(2)155 THE BIG PICTURE OF THE DIGITAL AGE, MIT SMR, Big Picture, Little Picture. We’ve Got You Covered.

A new article released today by MIT Sloan Management Review reveals that companies with a digitally savvy top management team (TMT) perform better. Among larger companies, only a small fraction — 7% — had a TMT with more than half made up of digitally savvy members, and those companies outperformed the rest on growth and valuation by more than 48%.

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Category 2: The Big Picture of the Digital Age

[genioux fact produced, deduced or extracted from AP]

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 + Supported by research.

Authors of the genioux fact

Fernando Machuca

References

Only 7% of larger companies have digitally savvy executive teams, and these teams deliver higher revenue growth and net margins, Press release content from PR Newswire, March 03, 2021, AP.

ABOUT THE AUTHORS

PR Newswire

From Wikipedia, the free encyclopedia

PR Newswire was a distributor of press releases headquartered in New York City. The service was created in 1954 to allow companies to electronically send press releases to news organizations, at first using teleprinters. The founder, Herbert Muschel, operated the service from his house in Manhattan for approximately 15 years. The business was eventually sold to Western Union and then United Newspapers of London. In December 2015, Cision Inc. announced it would acquire the company. On January 1, 2021, Cision formally merged PR Newswire into the company, ending its status as an legal entity after 66 years. Cision plans to continue utilizing the brand name for the foreseeable future in the United States, as well as in Europe and the Asia-Pacific regions. The services provided by PR Newswire have continued as Cision’s Distribution division.