TWIC Original - Digital Transformation

Wednesday, December 04 2024

This week in
Consulting

Digital Transformation Decoded: Challenges, Insights, and Opportunities

Editorial

Regardless of the sector you operate in, the stakes in embracing digital evolution have never been higher. At its core, digital transformation is about more than adopting new technologies. It’s about reimagining business through efficiency, personalized customer experiences, and data-driven decisions. It enables automation, fosters innovation, and empowers organizations to align their operations with long-term goals. Yet, success in this domain isn’t about checking off a tech-to-do list—it’s about crafting a human-centric strategy that seamlessly integrates with an organization’s vision.

This week in This Week in Consulting, we delve deep into the challenges and opportunities of digital transformation across industries. From energy network utilities developing digital products while modernizing IT infrastructures to the manufacturing sector grappling with cybersecurity threats, we explore how businesses are leveraging tools like cloud computing to overcome barriers such as skill shortages and implementation delays.

Whether you’re scaling innovation or navigating the intricacies of change management, this blog equips you with insights to strategize, adapt, and lead. After all, the future waits for no one—why should you?

Dive into the full blog and redefine your transformation journey.

Laurent THOMAS

Laurent THOMAS

Chairman Consulting Quest

This week’s must read

In this edition of This Week in Consulting, we delve deep into the challenges and opportunities of digital transformation across industries, offering insights to strategize, adapt, and lead.

This BCG article outlines how energy network utilities can achieve digital transformation by simultaneously developing digital products and modernizing IT and grid infrastructures. This integrated approach ensures that new architectures align with digital needs, enhancing efficiency and effectiveness.

Justin Dean, Matthew Sundberg, Anil Podduturi, Charles Gildehaus, Philip Hirschhorn, Oxana Dankova and Pavla Mandatova, @BCG

This week’s media

This TechTarget video titled “Ultimate Guide to Digital Transformation for Businesses,” explores how organizations can leverage digital technologies to enhance operations, customer engagement, and innovation. It provides insights into developing effective digital strategies and overcoming common challenges.

Thought Leadership

This article by RSM discusses the critical role of data and cybersecurity in the digital transformation of European manufacturing. It emphasizes the importance of robust data strategies and comprehensive cybersecurity measures to enhance operational efficiency and safety.

Mike Thornton, Götz Brinkmann, Simone Segnalini and Laura De Lisa, @RSM

RSM’s article examines how businesses leverage cloud computing to accelerate digital transformation, addressing challenges like skill shortages and implementation delays. It emphasizes the importance of strategic planning and risk management in successful cloud adoption.

Simone Segnalini, Lilian Boyer, Daniel Hasslund and José Pedro Gonçalves, @RSM

 

This Virtus Lab article emphasizes that digital transformation is essential for business growth, enhancing efficiency, customer experience, and data management. It enables companies to automate processes, personalize customer interactions, and make informed decisions through data analytics.

Tomek Orzechowski, @Virtus Lab

This EY article emphasizes that successful digital transformation in universities requires a human-centric approach, focusing on the needs of students and staff. This strategy enhances engagement, supports effective change management, and ensures that technological advancements align with the university community’s expectations.

Catherine Friday, @EY

This week’s consulting news selection

 

Cinven has agreed to acquire a majority stake in Grant Thornton UK, a leading professional services firm with over 240 partners and 5,500 employees across 20 offices. The UK partners will retain a significant shareholding alongside Cinven.|@Cinven

EY has acquired J Group Consulting, a Melbourne-based cybersecurity firm specializing in privileged access management. This acquisition strengthens EY’s cybersecurity capabilities and expands its presence in the Oceania region.|@EY

Rimkus has acquired Hinds Blunden Pty Ltd, an Australian consultancy specializing in delay and quantum services, to expand its presence and service offerings across Australia, New Zealand, and the Asia Pacific region.|@Rimkus

Deloitte Australia has announced that Joanne Gorton, currently Managing Partner of Audit & Assurance, will become its next CEO effective 1 February 2025, succeeding Adam Powick.|@Deloitte Australia

Laurent Thomas
Chairman and Co-founder at  | + posts

Laurent is the Chairman and Co-founder of Consulting Quest. Focused on greater value creation, and being thoroughly familiar with Consulting, Laurent has sourced and sold millions of dollars worth of Consulting over the course of his career. Prior to joining Consulting Quest, Laurent was Executive Vice President Oil and Gas at Solvay and Senior Partner Transformation at Oliver Wyman.

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