Connecting Domains
Bottom-Line:
Companies with strong digital and AI capabilities outperform laggards by 2-6 times on total shareholder returns (TSR) across all sectors.
The gap between leaders and laggards is widening, with digital maturity spread increasing by 60% over three years.
Leaders invest in a holistic set of capabilities that provide compounding advantages.
Domain Connections and Use Cases:
Value Creation: As companies mature in digital and AI capabilities, connecting different domains unlocks new sources of value.
Cross-Domain Insights: Leaders excel at integrating data and insights across business areas, such as revenue growth management and digital marketing.
Use Case Integration: Successful companies identify and implement use cases that span multiple domains, maximizing impact.
Scaling Capabilities: Leaders can more easily apply successful use cases across different business units or markets.
Data Architecture and Utilization:
Reusable Data Products: Leaders build data architectures centered around easily accessible, reusable data elements.
Data-Driven Decision Making: Advanced data capabilities enable better targeting of value opportunities and faster execution.
AI Model Development: High-quality, well-structured data from across the organization accelerates AI model creation and deployment.
Actionable Recommendations:
Focus on building holistic capabilities across strategy, talent, operating model, technology, data, and adoption/scaling.
Identify priority domains where digital and AI can have the most impact.
Establish clear metrics and KPIs to manage performance.
Invest in strategic partnerships and employee training to accelerate progress.
Look for opportunities to connect different domains and use cases as capabilities mature.
Commit to long-term transformation, recognizing that early investments lead to compounding growth.
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