As concepts like cloud technology and the Internet of Things (IoT) continue to transform the business landscape, and developments in Artificial Intelligence (AI) skyrocket, companies with high levels ...
The Fast Company Executive Board is a private, fee-based network of influential leaders, experts, executives, and entrepreneurs who share their insights with our audience. Once upon a time, not that ...
In today’s digital age, businesses are not just competing with the company next door—they’re up against companies across the world, each using cutting-edge technology to get ahead. For any business, ...
Digital transformation—a process that has been underway for years—received a major boost as a result of the global pandemic. Companies that had already transformed and digitalized their processes ...
Digital transformation is a hot topic today, but what does it mean for small businesses? Eric Lamarre, Kate Smaje, and Rodney Zemmel, senior partners from global management consulting firm McKinsey, ...
Digital transformation is so last year. CEOs and their boardroom colleagues have heard about the potential power of generative artificial intelligence (Gen AI), and they want their CIOs to deliver a ...
The manufacturing industry continues to be inundated with buzzwords. Automation, in particular, has its share of technical lingo. In the mid-2000s, the phrase shop-floor-to-top-floor was prevalent, as ...
Organizations are under increasing pressure to digitally transform in order to remain competitive. However, digital transformation can be a complex and daunting process. Change management is essential ...
Investing in technology alone is not enough to bring about meaningful digital transformation, research has revealed. But if cultural and technical change are given equal weight and both align with ...
If done properly, digital transformation can change the way a business operates fundamentally, bringing significant financial and operational gains. But shifting from traditional ways of working to ...