According to a study conducted by Arthur D. Little, eight out of ten companies are lagging behind when it comes to digitization and are executing reactive, rather than active, digital strategies. While the vast majority of organizations agree that digital technologies are “here to stay,” the path to digital transformation remains unclear. Did you know that as many as as two-thirds of digital transformation projects fail? Our look into the State of Consulting- Digital Transformation will explore how digital is impacting the consulting industry.
David Moschella, Research Director for CSC’s Leading Edge Forum explained in this article – Digital disruption is inevitable – but different forces in different industries mean the pace of change varies by sector. Typically, when a new disruptive model emerges, many companies dismiss it as immature and irrelevant to their industry. However, as the same technology evolves and begins to reap benefits for the organization, business leaders can’t help but take notice.
STATE OF CONSULTING- DIGITAL TRANSFORMATION
While the majority of the CIOs anticipate their businesses getting disrupted by digital sooner rather than later, few are taking the necessary steps to tackle the challenge that disruption is expected to bring along.
As the business world goes digital, business models are fundamentally changing to focus more on customers. Consulting is one of the last industries to go digital, but customer expectations are quickly pushing it in that direction. Digital consulting will involve more than using tools to supplement the work the consultant can accomplish manually. Instead, firms will need to rethink their entire workflows to ensure the client remains at the center. In our last e-book, we explored the topic of digitization of consulting in depth.
Today digital technologies are interlaced with every process existing within the organization. But have consulting organizations adapted to this change yet? Are they prepared to identify, prioritize, and act upon the emerging growth opportunities? It’s questions like these that prompted us to conduct an interview aimed at the management consulting industry to seek answers about their operational preparedness for this change.
INTRODUCING OUR ‘STATE OF THE CONSULTING:DIGITAL TRANSFORMATION’ INTERVIEW
Broken up into three modules, the interview is being conducted using our very own digital consulting platform. Why are we referring to this as an ‘interview’ and not a ‘survey’? It is because we believe that traditional surveys are not equipped to address the challenges that business leaders face. For one, they provide a ton of raw data that must be sorted and analyzed before its meaning can be extracted, impacting the level of depth that leaders require for making informed decisions.
The interview is scheduled to run until the end of July.
HOW YOUR INPUT WILL BE USED?
With just 10 minutes of your time, we’ll provide you with detailed results where you’ll learn –
- Whether you are taking a digital approach to data storage and management
- Where you stand on your path to a digital consulting process
- What changes consultants are making to adapt to increasing digitization at their clients
- Whether your competitors and peers are making a digital approach a priority and if so, how
Your inputs will help us compile our research in a report that will be shared with the you and other digital influencers from the industry, resulting in an enriched knowledge base we have collectively as an industry.
WHAT TO DO NEXT?
Click here to begin State of Consulting- Digital Transformation
AFTER YOU ARE DONE
Please share the survey within your social networks to encourage participation. After all, the more responses we get, the richer our analysis will be.
To share our interview with your Twitter followers, click here
To share our interview with your LinkedIn network, click here
To share our interview with your Facebook followers, click here
We look forward to your participation!