The results show that success requires both digital-savvy leaders and a workforce with the capabilities to make a digital transformation’s changes happen, which other McKinsey research also confirms.5,” McKinsey Global Institute, June 2018; Jacques Bughin, Peter Dahlström, Eric Hazan, S...
Fashion’s digital transformation: Now or never May 6, 2020 | Article Antonio Gonzalo Holger Harreis Carlos Sanchez Altable Cyrielle Villepelet Some apparel, fashion, and luxury companies won’t survive the current crisis; others will emerge better positioned for the future. Much will depend on...
According to IDC, global spending on digital transformation is forecasted to reach $3.4 Trillion in 2026, with a five-year compound annual growth rate (CAGR) of 16.3%. A survey conducted by McKinsey found that 70% of digital transformations still need to reach their objectives. However, on av...
Digital transformation in business is changing the way that corporations interact with customers. There are many ways that digital transformation has impacted businesses, including the ability for employees to work remotely. Digital transformation has also allowed companies to have a more hands-on approac...
Here’s the kicker: McKinsey says AI tech could create$4.4 trillion of valuein marketing and sales worldwide. That’s serious cash. 1.Jasper AI Jasper AI has come a long way since its early days as a simple writing tool. In 2025, it’s now a full-fledged marketing copilot that does...
But in reality, digital marketing is a tough challenge since many businesses know how vital digital and mobile channels are today for acquiring and retaining customers. Yet the research shared below shows that many businesses don't have an integrated plan to support...
and an environmental impact that has become unjustifiable in today’s world. McKinsey Global Institutereportsa global productivity gap of $1.2 trillion, which can be mitigated simply by improving the performance of the industry. The industry is snapping into action: Investing in new ways of working...
With the next normal, industries can no longer treat digital transformation as a process or goal — but as a requirement shaping how they can endure the new era. Adopting Digital Solutions According to McKinsey, businesses must do four things to thrive in the next normal. One of the...
Our latest Trends Report for 2024, "Digital Horizons,"answers these questions. With insights gleaned directly fromSemrush .Trendsdata, as well as leading data providers likeStatistaandMcKinsey, we delve into five key areas: AI, User Experiences, Consumer Relationships, Digital Content, and Lifestyl...
Digital transformation is the fundamental rewiring of how an organization operates. The goal of a digital transformation, as outlined in the new McKinsey book Rewired: A McKinsey Guide to Outcompeting in the Age of Digital and AI (Wiley, June 20, 2023), should be to build a competitive ...