In boardrooms across the world, CEOs, CDOs, and CIOs are rushing headlong into the world of digital using big data analytics, smart machines and automation tools for key aspects of their organizations.
Recently, 9Lenses partnered with Consulting Magazine to sponsor a webinar that addressed the impending disruption of the consulting industry and discussed how emerging technologies will disrupt consulting.
Benchmarking analysis is an invaluable tool for today’s management consultants. Benchmarking involves comparing a current data set to historical data sets or data from industry peers.
Many consultants are embracing and selling digital business strategies that will benefit their clients. However, few are using these same digital methods to better their own firms. The leaders of these firms are missing out.
An organizational assessment is a systemic approach for consultants to discover how well their client organizations are performing and where they could improve in order to perform better.
Four years ago, the Harvard Business Review published an article that predicted the disruption of the consulting industry as a result of the evolving digital economy.
Last year, we discussed the prevalence of digital transformation buzz in the market. The term itself was a top performer on Google Trends in 2016 and now into 2017.
There’s no denying that digital transformation has reached buzz word status. It’s in the news, in commercials (the Dell commercials with Jeffrey Wright are great), and it’s at peak popularity in Google Trends.
Last year, we noted that a significant market challenge was the lack of a clear digital transformation definition. On the surface, digital transformation simply means the transformation of a business to a more digital state.
Cultural integration is key to digital transformation efforts. Lack of cultural integration is a pervasive issue for consulting firms on the digital transformation journey.