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Digital Transformations Are Crucial to Optimizing Innovation Value

Planview

Speed in delivering high-value innovations is a critical differentiator that can make or break companies. According to a Boston Consulting Group report, companies prioritizing innovation—arriving first to market with new and relevant ideas—outperform the MSCI World Index on shareholder return by 3.3 percentage points per year.

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Crack the Consulting Code: Top 10 Digital Transformation Frameworks

Flevy

Based on sales and downloads of the FlevyPro frameworks , here is what we found to be the top 10 Digital Transformation frameworks used by management consultants. Decentralize Governance Over Time : Allow flexibility and responsiveness by decentralizing the control of digital initiatives as they evolve.

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What are the Barriers to Rapid Digital Transformation?

Planview

When KPMG asked CEOs how the COVID-19 pandemic impacted their digital transformation plans, 74 percent said it accelerated the digitization of operations and the creation of a next-generation operating model by months, if not years. What are the barriers to rapid digital transformation? Read on to learn.

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Ohmae’s 3C Model (Strategic Triangle)

Flevy

Ohmae’s 3C Model (Strategic Triangle) has its applications in Strategic Planning, Market Analysis , and guiding Decision-making processes. The 3C Model makes a case for the executives to carefully comprehend 3 core elements before devising their strategy. products, services, technology, organizational culture, and so on).

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Resource-Based View (RBV) and VRIN Framework

Flevy

As per Pralahad and Hamel, distinctive competencies or capabilities of the organization make the key difference in achieving superior performance and competitive advantage. Prioritized resource allocation by focusing on internal assets, capabilities, and competencies. Every organization has something that is exclusive to itself.

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Value Net Model

Flevy

The model identifies 4 key types of players: Customers Suppliers Competitors Complementors Each player type holds strategic implications for organizations, influencing their operational and strategic decisions. You can download an editable PowerPoint presentation on the Value Net Model here on the Flevy documents marketplace.

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Banking Transformation: Insights from Lloyds and Santander UK

Planview

Read Next: Digital Transformation in Banking: Why it Matters Now More Than Ever. To transform successfully, bank executives need to consider the three common elements of organizational change – people, processes, and technology. A single platform for championing processes and people. Santander UK.

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