Let the truth be known. Not surprising, but also in today’s market, not necessarily best practice either. Small business takeaways
Excerpt: These days you can’t have a business conversation without discussing digital — social, local, mobile, big data, the cloud. But that’s just talk. We wanted to discover what companies are really doing about this new world, so we analyzed the backgrounds of the CEOs and directors of America’s largest companies.
The answer is surprising.
Only nine companies — less than two percent of the Fortune 500 — are what we would call “highly digital.” To be highly digital, by our definition a company must pass four tests: it generates a high percentage of revenues digitally; its leadership (both the CEO and the Board) has deep digital experience; it does business significantly enabled by digital channels; and it’s recognized as transformational in its industry.
Read full article via Do You Have the Digital Leaders You Need? – Jeffrey F. Rayport and Tuck Rickards – Harvard Business Review.
