Technology should enhance our business abilities and human interactions, however it’s often easier said than done. In this week’s European Business Reads, we dive into digital gaps, digital disconnect, and how technology can hinder business progress.
In their latest insights post, McKinsey argues that an emerging gap in artificial intelligence is now compounding Europe’s average digital divide with world leaders. However, the situation isn’t as bleak as it sounds. Europe can overcome this by competing only in the areas where it has an edge. This article also boasts about Europe’s ability to bring some substantial assets to the table in the next wave of AI. Check out the full post; it’s a long read but absolutely worth it. It also points to numerous additional resources, links, and papers on the subject.
The majority of European business leaders have started the journey to digital transformation, yet many are heading for a stalemate. In 2018, a survey of more than 400 digital leaders across the UK, France, Germany, Sweden, and the Netherlands showed that 76% of European organizations were either undergoing or were about to start their digital transformation (DX) journey. The same survey showed that path is not as smooth as expected with quite a few obstacles on the way. Authors of this post explore the three core areas that stand out as critical success factors. Find out more about how to close the gaps.
The new research from Telstra spotlight a fascinating finding: placing an all-encompassing focus on the role of technology when making digital transformation decisions could be reducing the chances of success. Their new Disruptive Decision-Making white paper was compiled using responses from 3,810 senior decision-makers from 12 industries in 14 markets worldwide. It’s interesting that even though successful digital transformation relies on more than the right technology employees are not being given the attention they warrant. Find out more, and download the white paper to better shape your organization’s digital transformation journey.