A recent study by MIT's Center for Digital Business found that to fully digitally transform a business, two key factors must work together to drive the process: an investment in technology and an investment in leadership. According to the study, companies that make the investment in both leadership and technology are 26% more profitable than their industry peers.
CEOs at the 2015 CEO2CEO Digital Transformation Summit share experiences and insights on leading in the digital age.
How will digitization redefine manufacturing to create the fourth major revolution, following the lean revolution of the 1970s, the outsourcing phenomenon of the 1990s and the automation that took off in the 2000s? Where there are pockets of excellence, the U.S. is behind in key areas. Dr. Dean L. Bartles, chief manufacturing officer at UI LABS in Chicago, and executive director of the Digital Manufacturing and Design Innovation Institute talks about how companies can better compete in this new era.
Today, mid-market companies are putting more effort into digitally transforming their businesses. No longer content with simply automating the back office, CEOs are digitizing functions such as customer service, business analytics and strategy development.
Digitization efforts are under way at the majority of middle market companies, according results of the National Center for the Middle Market (NCMM)’s “How Digital Are You?” survey report.
Two years into his CEO tenure, David Levin is leading a learning curve as McGraw-Hill Education transitions toward software-based products.
Paperless manufacturing may offer industries a feasible option to help streamline production and facilitate internal communication in a way that not only boosts production but also increases revenue.
While upgrading legacy systems can be costly and cumbersome, a growing number of middle-market companies are nevertheless investing to digitize both their back office and customer-facing operations.
In a modern economy dominated by all things digital, it’s imperative that the people in charge of the data that comes from the customer value chain and the people who are selling the goods and services to those customers are in full alignment. But according to a new study, in most companies, connections between these two C-suite executives is weak at best.
Digital disruption, engagement and trust are all core trends that are seated front and center in the minds of today’s top executives.