g-f(2)158 The Big Picture of the Digital Transformation, 3/7/2021, CNBC, A key to revenue growth in Big Tech era is missing at most companies.

VIRAL KNOWLEDGE: The “genioux facts” knowledge news

Extra-condensed knowledge

• The CNBC article is golden knowledge on an MIT SMR container of golden knowledge, a work of art of knowledge.
• 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.
• g-f(2)157 The Big Picture of the Digital Transformation, 3/6/2021, AP, Only 7% of larger companies have digitally savvy executive teams, and these teams deliver higher revenue growth and net margins.
• Lack of digital skills is common across sectors and not even half of chief technology and chief information officers are found to be “digitally savvy” according to the MIT researchers.
• The MIT Sloan Management Review reports that companies with digitally skilled management teams generate as much as 59% of revenue from recent innovations versus less than 20% at lagging peers.
• In an era during which the tech sector has created multiple trillion-dollar-plus market cap companies, moving quickly is critical, and the MIT researchers say it is not too late. 

Genioux knowledge fact condensed as an image

Category 2: The Big Picture of the Digital Age

[genioux fact produced, deduced or extracted from CNBC]

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

A key to revenue growth in Big Tech era is missing at most companies, Eric Rosenbaum, March 3, 2021, CNBC.

ABOUT THE AUTHORS

Eric Rosenbaum

Editor, CNBC.com

LinkedIn and Twitter accounts

Extracted from LinkedIn

Experienced financial journalist, breaking news on the biggest trends in the worlds of business and finance, and dedicated to making readers smarter about the markets and investing.

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