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YOUR FIVE-MINUTE BRIEFING—OR A DEEP DIVE IN FIFTY

Image description. An illustration of a workplace setting, which could be either a traditional office or a home office. Computers and coffee mugs sit atop a long table in the center of the image. A large set of windows along the wall reveals a digital cityscape. In the foreground, a small dog sits contentedly, wagging its tail. End of image description.

Digital transformation’s new playbook

Chatbots, cloud computing, generative AI—a company’s digital transformation has never been more paramount. Are you rewired to win?

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Digital transformations can create real business value: digital leaders improve shareholder returns and outperform their peers, say senior partners Eric Lamarre, Kate Smaje, and Rodney Zemmel.

Image description:

The left side of the exhibit shows the weighted peer group average of total shareholder returns (TSR), by CAGR, for top-performing companies and bottom-performing companies from 2018 to 2022. TSR was 3.2 percentage points higher for top-performing companies compared with bottom-performing ones. The right side of the exhibit shows the peer group average for adjusted pretax return on tangible equity (ROTE) for top-performing companies and bottom-performing companies from 2018 to 2022. The ROTE for top-performing companies increased from 15.5% in 2018 to 19.3% in 2022, while the increase for bottom-performing companies was lower, rising from 13.6% to 15.3%.

End of image description.

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by "McKinsey Quarterly Five Fifty" <publishing@email.mckinsey.com> - 04:03 - 26 Jul 2023

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Generative AI and the future of work in America

Are you rewired for a successful digital transformation?

Digital transformation’s new playbook

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Generative AI and the future of work in America

Are you rewired for a successful digital transformation?

Digital transformation’s new playbook﻿

Digital transformation’s new playbook