Digital Transformation Payday provides a provocative new perspective on digital transformation payback accelerators and decelerators developed by Tim Bottke, Senior Strategy Partner at Deloitte Indian CXOs are convinced that it is time to break departmental silos and collaborate to successfully navigate and address the challenges of today’s ever-changing and volatile world. This resounding sentiment emerged as a key takeaway from Coalesce 2023, Deloitte Touche Tohmatsu India LLP’s (DTTILLP) annual flagship initiative, where CXOs from 187 organisations across business functions joined to deliberate and visualise the “Art of the Possible” through engaging design-thinking workshops alongside industry leaders, top-level decision-makers, and alliance partners. This inclusive approach empowered businesses to use global opportunities, enhancing success and competitiveness.
We, at Deloitte, believe in the power of collaboration. That’s why we conceptualised Coalesce last year to bring industry leaders, ecosystem providers, and alliance partners under one platform to envision and design-think the future. The second edition of the event, Coalesce 2023, introduced a subtle yet significant shift by inviting a diverse mix of CXOs in sessions to examine business challenges from different lenses and come up with unusual yet attainable solutions. It was interesting to discover the perspectives of independent directors on digital transformation and understand how well chief strategy officers are equipped to embrace GenAI. These and many more interesting exchanges of ideas are captured in this book.and Associate Professor for Strategy and Digital Transformation at SDA Bocconi.
What does it take to make your digital transformation (ever) pay you back? After a challenging executive client discussion without clear-cut answers, the quest for solving this business-critical challenge became the original motivation to write this book. Four years of empirical research later and based on more than 20,000 data points, Digital Transformation Payday is now the first ever data-driven guide for improving your digital transformation payback. All that built on a unique combination of the experience from the global #1 professional services firm Deloitte and cutting-edge scientific research from a leading global business school, SDA Bocconi.
Three insights about digital transformation value
Have you ever asked yourself: “Should I really embark on a digital transformation journey that is likely full of pain, failure, and high cash-outs? One that puts a lot of pressure on our stock price and my nerves? Who will thank me for that? Will there ever be a measurable return on invest for all these technologies that supports positive market value impact?” If so, Digital Transformation Payday by Tim Bottke (Senior Strategy Partner at Deloitte Germany) is for you.
You'll find unique insights and guidance for managers, executives, board members, and investors as you navigate an immense array of strategic and operational choices, opportunities, and pitfalls. You'll also learn to demystify digital strategy and technology buzzwords, better define the initial focal point and process of your firm's digital transformation, and establish new ways of thinking in terms of value impacts — and how to measure them — right from the start. The book also includes:
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"Digital Transformation PayDay offers practical advice and valuable evidence as to how and where specific technologies can positively or negatively relate to value. This book is a must-read for any leader looking to understand how technology investements drive their overall enterprise value based on their industry and financial structure to help guide their digital strategies."
Vincent Roche, CEO and Chair of the Board of Directors, Analog Devices.
"Bottke wrote nothing less than a straightforward and pragmatic user manual for one of the most vital topics of today's business environment: digital transformation and its returns."
Bram Schot, AO Board Member, Shell plc; Former CEO, Audi; Professor of Practice from Leadership and Trnasformation, Bocconi University; Senior Advisor, Carlyle Group & Global Cleantec Capital.