Monday, February 7, 2022

g-f(2)906 THE NEW WORLD (2/7/2022), Forbes, 6 Most Compelling Qualities Of Digitally Transformed Enterprises




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"g-f" fishing of golden knowledge (GK) of the fabulous treasure of the digital ageThe New World, Digital Transformation (2/7/2022)  g-f(2)426 


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6 Most Compelling Qualities Of Digitally Transformed Enterprises



Joe McKendrick is an author, independent researcher and speaker that brilliantly digest golden knowledge containers.
  • In their recent analysis published by the Harvard Business School, a team led by HBS professor Linda Hill canvassed business leaders across the globe, identifying their hopes and aspirations when it came to digital transformation. g-f(2)876
  • Hill and her co-authors identified six common characteristics that define what it means to be a digital mature enterprise:
    1. An intimate and dynamic understanding of the customer. 
    2. Culture that’s data-informed, not data-driven. 
    3. A challenger mindset and willingness to disrupt.
    4. Distributed decision-making and co-creation. 
    5. Continuous experimentation and learning. 
    6. Ethical decision-making and proactive governance. 


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References




ABOUT THE AUTHORS


Joe McKendrick



I (@joemckendrick) am an author, independent researcher and speaker exploring innovation, information technology trends and markets. I served as co-chair of the AI Summit, and have also participated in the IEEE International Conference on Edge Computing and the International SOA and Cloud Symposium series.

I am also a co-author of the SOA Manifesto, which outlines the values and guiding principles of service orientation in business and IT. 

Much of my research work is in conjunction with Forbes Insights and Unisphere Research/ Information Today, Inc., covering topics such as artificial intelligence, cloud computing, digital transformation, and big data analytics. I am also a contributor to CNET, authoring the ZDNet "Service Oriented" site.

In a previous life, I served as communications and research manager of the Administrative Management Society (AMS), an international professional association dedicated to advancing knowledge within the IT and business management fields. I am a graduate of Temple University.



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Lessons learned, Forbes  


97 percent of respondents saw digital transformation as the key to remaining competitive in the 2020s


  • The study was conducted with the Harvard Business School Global Research Centers and Salesforce’s Ignite team, involving roundtable discussions and a survey with more than 1,500 senior executives. There’s no question that digital transformation is the order of the day: 97 percent of respondents saw digital transformation as the key to remaining competitive in the 2020s.
  • They ranked the following qualities as most critical to succeeding in the digital era. Data informed decision-making was cited by 61%, followed by customer focus at 55%, cross-functional collaboration with 51%, and continuous learning at 44%. It’s notable that there’s a significant segment of these leaders — about half — who do not yet see these initiatives as priorities



Condensed knowledge




Lessons learned, Forbes  


Digital transformation is a journey


  • Digital transformation is a journey, yet there is a defining stage at which it really means transformation — and not just layering technology over pre-existing processes. As this study shows, it’s a place where everyone wants to go — if they’re ready, that is.
  • Continuous experimentation and learning. “Digitally mature organizations see their decisions as ‘working hypotheses’ based on the best information available,” Hill and her co-authors explain. Leaders still want fail-fast and learn-fast approaches, “and to get it they need to create an environment that makes room for uncertainty, experimentation, and well-intentioned failure.”


Some relevant characteristics of this "genioux fact"

  • Category 2: The Big Picture of the Digital Age
  • [genioux fact deduced or extracted from Forbes]
  • This is a “genioux fact fast solution.”
  • Tag Opportunities those travelling at high speed on GKPath
  • 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.


References


“genioux facts”: The online programme on MASTERING “THE BIG PICTURE OF THE DIGITAL AGE”, g-f(2)906, Fernando Machuca, February 7, 2022, blog.geniouxfacts.comgeniouxfacts.comGenioux.com Corporation.


ABOUT THE AUTHORS


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.




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