New technologies and troves of data are helping enterprises create more value in nearly everything they do.
Indeed, our new survey of more than 2,000 executives around the world reveals that many 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.
Technological advances don’t create value on their own, of course: success will require leaders to think and act in new ways.
In this report, KPMG professionals share findings from the survey and 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 new digital building blocks of success
KPMG survey and experience show that these are the most important building blocks in a digital-age transformation, and the key actions to implement them:
Culture confers 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
Digitally mature enterprises will outperform
Many enterprises 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.
Stronger partner ecosystems boost competitive advantages
Constrained capital, and demand for new digital capabilities, combined with fundamental changes in business models, will spur enterprises to rethink their partner ecosystems.
Organisational alignment and orchestration speed progress
Enterprises must align and orchestrate across the moving parts to deliver value - an increasingly complex challenge as change becomes constant.
Transforming for a future of value
The KPMG suite of business transformation solutions helps clients get to more productive and sustainable futures.
We design solutions to address different client challenges and different parts of a business or operating model. Each contains rich insights and is underpinned by KPMG’s leading transformation methodology.
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