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      How new technologies are helping enterprises

      New technologies and troves of data are helping enterprises create more value in nearly everything they do.

      In this report, KPMG professionals share findings from a survey of more than 2,000 executives around the world, as well as insights from our work with clients across industries to illuminate how enterprises can capitalise on this historic inflection point, creating more value and achieving enduring competitive advantages.

      The report also reveals that many enterprises are now strengthening four building blocks of success in the new era; data and tech foundations, transformation orchestration, resilient cultures, and ecosystem strategies to meet changing demands. These technological advances won’t create value on their own – success will require leaders to think and act in new ways.



      About the report

      Drawing on KPMG's experience and the findings of our survey of more than 2,000 executives at large enterprises around the world, we explore how the out-performers are embracing technology and changing the way they think and act.


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      Transforming the enterprise of the future

      The new champions in a digital era


      Key findings from the report

      • Advanced technology

        76% of senior leaders believe adopting advanced technology such as generative AI and neural networks will increase the likelihood of transformation success.

      • Trust in leaders

        73% of digitally mature enterprises have high levels of trust in their leader. Leadership style correlates strongly with transformation success. Engaged leaders build trust and commitment around their vision.

      • Organisational transformation

        80% of large enterprises are now pursuing two or more concurrent organisational transformations. Technology has levelled the playing field and transformation is now constant and concurrent.


      Our report highlights that while organisations have been increasing their maturity in the readiness to leverage new technologies; employee and other stakeholder management, culture and access to the right skills continue to be the challenge to a successful transformation.

      Simon Benson

      Partner in Charge, Transformation, Consulting

      KPMG Australia

      simon benson

      The new digital building blocks of success

      These are the most important building blocks in a digital-age transformation, and actions you can take to implement them.

      • Foster a culture of trust

        Culture confers an advantage as change becomes constant. Establishing a culture of trust, shared values, and alignment to strategic vision are a key to transformation success and long-term organisational resilience.

      • Leverage the value of data

        Digitally mature enterprises will outperform enterprises that are not leveraging the full value of their data, technology and people. The underinvestment in data and tech foundations and digital literacy puts future gains at risk.

      • Build strong partner ecosystems

        Constrained capital, demand for digital capabilities, and changes in business models will spur enterprises to rethink their partner ecosystems to gain competitive advantage.

      • Align and orchestrate processes

        With change becoming constant, it's more important than ever to deliver value at speed and at scale, through organisational alignment and orchestration.



      Download the full report

      Download

      Transforming the enterprise of the future

      The new champions in a digital era


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