WHY IT MATTERS: Digital Transformation

As organizations launch more and more digital initiatives, CEOs must monitor whether they are delivering business results. These metrics are ones to watch.

1. Niche assortment: Niche assortment companies focus on a narrow product assortment and gain a following among fanatics.  
2. Distinctive convenience: Distinctive convenience companies strive to deliver ease and speed as a service. 
3. Social connection: Social connection companies home in on the community and social aspects to promote product discovery, connection, and sales. 
4. Personalization: Personalization companies focus on merchandising (product recommendations and search) and product customization (tailor a product specifically to a customer).
5. Sustainability: Sustainability companies strive to reduce material waste, add more efficient products and services, and incorporate more transparent messaging. 
6. Amazon market jockeys: Amazon market jockeys are companies that buy and scale up third-party marketplace brands on Amazon. Rather than Amazon-proofing, these companies are riding the wave of Amazon’s success.

We developed the Random Employee Chats application internally, with the goal of recreating the pre-pandemic informal interactions. Here's how we moved from a shared spreadsheet to Cloudflare Workers to automate the entire process.

Explore the "30 Best SaaS Pitch Deck Collection" base on Airtable.

TL;DR: In today’s post — the first in a series exploring the future of human-computer interaction (HCI) — we’ll begin to unpack the 10-year vision of a contextually-aware, AI-powered interface for augmented reality (AR) glasses that can use the information you choose to share, to infer what you want to do, when you want to do it.

How do you make change happen? Split the problem into halves and then tackle each, using four practical techniques to find the answers

We surveyed more than 3,000 CEOs around the world to learn how they are positioning their organizations for success after COVID-19. Five key factors set outperforming CEOs apart.

Covid brought shock and a lot of broken habits to tech, but mostly, it accelerates everything that was already changing. 20 trillion dollars of retail, brands, TV and advertising is being overturned, and software is remaking everything from cars to pharma. Meanwhile, China has more smartphone users than Europe and the USA combined, and India is close behind - technology and innovation will be much more widely spread. For that and lots of other reason, tech is becoming a regulated industry, but if we step over the slogans, what does that actually mean? Tech is entering its second 50 years.

cette édition du Québec économique montre comment les innovations numériques au sein de nos organisations publiques et privées touchent actuellement tous les secteurs de notre économie, faisant de la transformation en cours une véritable révolution numérique sur le marché de l’emploi, mais également dans le monde de l’éducation et de la formation. L’écosystème d’innovation et de collaboration qui se met en place au Québec et au Canada, principalement autour de l’IA, fait l’objet d’analyses poussées dans cet ouvrage.

Best Practice for Adopting the World’s Most Successful eCommerce Model.

There’s an old saying that the first fifty years of the car industry were about creating car companies and working out what cars should look like, and the second fifty years were about what happened once everyone had a car - they were about McDonalds and Walmart, suburbs and the remaking of the world around the car, for good and of course bad. The innovation in cars became everything around the car. One could suggest the same today about smartphones - now the innovation comes from everything else that happens around them.

We asked executives how long they expected it would have taken their companies prepandemic to digitize 12 different activities and how long it actually took them once the coronavirus hit.

In the early 1960s, it was common to think, ‘We are building a new computer, so we need a new programming language,’

A billion people in the world have no legal identity. Without an ID they can’t open a bank account, get a loan, or even vote. Now a tech entrepreneur has come up with an answer.

This Gartner research helps executive leaders prioritize digital business efforts to satisfy near-term needs with the longer-term goal of being future-ready.

A new survey finds that responses to COVID-19 have speeded the adoption of digital technologies by several years--and that many of these changes could be here for the long haul.

Learn what circular impact means and how you can measure it for your business! It's important to translate your strategy into tangible KPIs and measurable targets.

Since former BCG consultant Clayton Christensen first used the term "disruptive innovation" in 1995, nimble startups have challenged incumbents in every field from music to manufacturing. Now, a tectonic disruption is hitting management consulting just as it has hit many other industries.

Best practices for all-remote organizations

McKinsey has been conducting an in-depth diagnostic survey of 150 companies around the world. By evaluating 18 practices related to digital strategy, capabilities, and culture, we have developed a single, simple metric for the digital maturity of a company—what might be called its Digital Quotient, or DQ. This survey reveals a wide range of digital performance in today’s big corporations (exhibit).

A road map towards becoming a digital-first organization.

Large enterprises needing to pivot quickly and push innovation to the edges may be encumbered by heavy management and control structures. However, internal talent marketplaces have the potential to change that. They establish trust through feedback mechanisms. They allow for worker-led innovation and help workers take full control of their careers. They enable much better and more granular tracking of the skills, competencies, knowledge and interest of individual workers. This, in turn, will give enterprises a much better view of their workforce and improve workforce planning. Internal talent marketplaces will help bring about leaner, more agile and more adaptable organizations.

At the top of most organizations' priority lists right now is how to keep their workers productive and engaged. Except for in-person businesses and essential workers, the workforce has largely been physically disbanded until the pandemic comes to an end, one way or another. In unprecedented fashion, technology has suddenly become one of the single…

In some cases, the technological changes inspired by Covid-19 will come in the form of an acceleration of existing trends — for example, industrial automation and contactless payments. In other cases, like virtual reality, 3D printing, or telehealth, the crisis may change the course of the industry, enabling companies to demonstrate value that, until now, consumers have been unable or unwilling to see.

In this report, we’ll explore some of the trends created or accelerated by the onset of Covid-19 that are likely to change the way we live, work, learn, and relax long after the pandemic is over — and how the future of those innovations is likely to unfold.