Success in the digital economy can’t be achieved by just appointing a charismatic chief digital officer or CIO, adopting the latest shiny technologies, or “letting a thousand flowers bloom.” As industries are disrupted by new entrants and business models, leaders must take action in five areas.
Far-flung teams in the mining industry, working under unpredictable conditions, have long struggled to operate with disciplined efficiency. But an integrated automation strategy just might change that.
Many corporate-transformation efforts fail to deliver lasting competitive advantage. BCG has identified the factors that lead to successful transformations—and the common traps that characterize failures.