Extra-condensed knowledge

This is an HBR gold knowledge article that provides key insights into digital transformation from research from over a dozen companies that have worked hard to transform.
CONTEXT

g-f(2)174 THE BIG PICTURE OF THE DIGITAL AGE (3/20/2021), geniouxfacts, Executive guide of golden knowledge to fire up your unlimited growth.
g-f(2)163 THE BIG PICTURE OF THE DIGITAL AGE, geniouxfacts, The Current Story Illuminates a Successful Path, 3/10/2021.
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)153 The Big Picture of Business Artificial Intelligence (3/3/2021) in a Single “g-f KBP” Chart

Winning in the post-Covid world will require re-imagining not just how you work, but also what you do to create value in the digital era.
Now is the time for executive teams to step up, disrupt themselves, and become leaders in the digital age.

Genioux knowledge fact condensed as an image

Condensed knowledge

CONTEXT

Winning in the post-Covid world will require re-imagining not just how you work, but also what you do to create value in the digital era.
Now is the time for executive teams to step up, disrupt themselves, and become leaders in the digital age.
We’ve researched more than a dozen companies who have been hard at work to transform in this way since well before the pandemic struck.

Philips shed its foundational business (lighting) and evolved from manufacturing and distributing products at scale, to bringing together hardware, software, data, clinical expertise and AI-enabled insights to support the delivery of better quality and lower cost health care.
Microsoft achieved historic levels of cloud revenue growth from solutions such as supporting universities to move their entire “business” online.

Leaders who want to secure their organization’s future must:

Reimagine your place in the world, instead of focusing on digitizing what you already do.
Create value through ecosystems, rather than trying to do it all alone.
Re-imagine your organization to enable a new model of value creation, rather than asking people to work in new ways within the confines of the old organizational model.

Category 2: The Big Picture of the Digital Age

[genioux fact produced, deduced or extracted from HBR]

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

Digitizing Isn’t the Same as Digital Transformation, Paul Leinwand and Mahadeva Matt Mani, March 26, 2021, Harvard Business Review, HBR.

ABOUT THE AUTHORS

Paul Leinwand is the global managing director for capabilities-driven strategy and growth at Strategy&, PwC’s strategy consulting business. He is a principal with PwC U.S., an adjunct professor of strategy at the Kellogg School, and the coauthor of several books, including Strategy That Works: How Winning Companies Close the Strategy-to-Execution Gap (HBR Press, 2016) and the upcoming Beyond Digital: How Great Leaders Transform Their Organizations and Shape the Future. (HBR Press, 2021).

Mahadeva Matt Mani leads the transformation platform for PwC and Strategy&, advising executives on business model transformations and operational value creation and productivity programs. He is a U.S. principal currently on secondment to PwC Netherlands, and the co-author of the upcoming book Beyond Digital: How Great Leaders Transform Their Organizations and Shape the Future. (HBR Press, 2021)