A new report from McKinsey, "Minding your digital business: McKinsey Global Survey results", says, "Executives expect that new digital technologies will transform their businesses, but many admit their companies are far from prepared in developing capabilities and meeting challenges."
Well, Lloyd Borrett at Chaordent can help with that. It's what he does. So just what are those challenges?
"Tough challenges ahead — Executives consistently cite two challenges in fulfilling the promise of digital technologies: organisational structures and shortcomings in their infrastructure and IT systems."
Well, Lloyd knows a thing or two about changing organisational structures to capitalise on digital business opportunities. Please read his recent blog item on the subject, "Why you should rethink your organisational structure".
Lloyd helps companies determine the best way to execute digital business initiatives. He knows they need a different operating paradigm, and the fact that traditionally siloed functions (for example, marketing, product development, or IT) could obstruct a dynamic approach to digital business that requires speed and flexibility to create the most value.
Lloyd also helps companies to introduce a new approach to managing talent by utilising flexible team structures, engaging outside collaborators, and increasing corporate tolerance for failure. Lloyd can help your company focus on building and acquiring the skills necessary to execute a digital business strategy. This is at the heart of what he does.
When you’re ready to tackle the three key trends in digital business — namely, big data and analytics, digital marketing and social media tools, and the use of new delivery platforms such as cloud computing and mobility — please contact Lloyd at Chaordent. Lloyd can help you deliver on the potential value you can generate from these three trends and generate the available increases in operating income.