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Pierre Nanterme, CEO of Accenture Global famously said, “Digital is the main reason just over half of the companies on the Fortune 500 have disappeared since the year 2000.” The Digital Age is upon us and has brought with it a tsunami of change that is affecting almost every sector. Where do reigning industry leaders stand in defining their digital strategy, infusing digital capabilities into their organizations and setting up a culture that is conducive for the digital era?
These are the questions we set out to answer in the KNOLSKAPE Digital Maturity Study. Through a combination of primary and secondary research, this report delves into the digital readiness of organizations, small and large, across three crucial elements of Digital: Strategy, Capabilities, and Culture.
Some key findings from the report:
- While 85% of leaders surveyed believe their mission, vision and business strategy is aligned with the digital world, only 63% of respondents feel that HR has clear and quantifiable goals for measuring the success of the digital strategy.
- While 88% of organizations believe they take measured risks to solve business challenges, at best 63% respondents believe they have digital savvy leaders who proactively execute digital strategy and just 40% believe they have a culture that encourages smart failures.
Download the full report
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Published by: Nikita Madhu in Insights