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Coming of Age Digitally
Article

Coming of Age Digitally

Gerald C. Kane, Doug Palmer, Anh Phillips, David Kiron and Natasha Buckley
MIT Sloan Management Review, 2018
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Editorial Rating

8

Qualities

  • Well Structured
  • Overview
  • Concrete Examples

Recommendation

Results from the MIT Sloan Management Review and Deloitte’s fourth annual digital business survey are in. The 2018 Digital Business Report assembles wisdom from the more than 4,300 managers, executives, and analysts surveyed and 17 interviews with executives and thought leaders to show how traditional companies are becoming “digitally mature” in a rapidly changing business environment. This year’s respondents reveal a heightened awareness of digital disruption and strong motivation to take solid action. What can your company do to become more digitally mature? Read on to find out.

Take-Aways

  • Don’t just hire digital leaders. Develop digital leaders by investing in continual professional development and encouraging bottom up decision making.
  • When striving for fast digital change, it’s OK to experiment with traditional organizational structures or temporarily silo a team that needs freedom to experiment.
  • Beware “competency traps.” Rather than relying on past competencies, recognize that future success in the digital age may require an entirely new mind-set.

About the Authors

Gerald C. Kane is a guest editor and David Kiron is the executive editor of the MIT Sloan Management Review. Anh Nguyen Phillips and Natasha Buckley do research for Deloitte, and Doug Palmer works on business strategy at Deloitte Digital.

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