WHY IT MATTERS: Digital Transformation
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WHY IT MATTERS: Digital Transformation
Going digital in your business? I select the best posts and highlight the reasons why it matters. Like it? Click "recommend" + register to get the digest in your inbox: http://fmcs.digital/newsletter-signup/
Curated by Farid Mheir
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The Future of Jobs Report 2018 by @WorldEconomicForum

The Future of Jobs Report 2018 by @WorldEconomicForum | WHY IT MATTERS: Digital Transformation | Scoop.it

New categories of jobs will emerge, partly or wholly displacing others. The skill sets required in both old and new occupations will change in most industries and transform how and where people work.

Farid Mheir's insight:

WHY IT MATTERS: a great study on the best jobs for the future.

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Ngocminh's curator insight, January 13, 1:43 PM
Narender Jain's comment, January 13, 4:47 PM
Future Vision for Jobs worldwide
bryan castillo's curator insight, January 13, 5:24 PM
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Law is not such a great career choice anymore: This AI outperformed 20 corporate lawyers at legal work #law #jobs #career

Law is not such a great career choice anymore: This AI outperformed 20 corporate lawyers at legal work #law #jobs #career | WHY IT MATTERS: Digital Transformation | Scoop.it

A group of experienced lawyers pitted their skills and knowledge against an algorithm, and the results reveal much about how artificial intelligence is shaking up industries.

Farid Mheir's insight:

WHY IT MATTERS: if you study or practice law and plan to retire within the next 10 years, you can move on and not read this one. If you plan to keep working in the field, then you should study programming or develop some other tech skill to remain relevant in the coming years. Consider yourself warned! ;-)

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Nna Prince's curator insight, January 14, 10:14 AM
Une IA réalise un taux de réussite 94% dans l'analyse de vices cachés dans 5 accords de confidentialité différents en 26 secondes vs 85% pour les meilleurs avocats expérimentés sélectionnés en 92 minutes de moyenne. 
Selon WEF la part d'automatisation dans les tâches dites à valeur ajoutée, comme les services juridiques, pourrait dépasser les 52% d'ici à 2025.
Il va sans dire que nous vivons une période de transition dont les développements technologiques en cours devraient impacter de manière spectaculaire notre façon de travailler ou de concevoir notre avenir professionnel, ce au cours de la prochaine décennie.
Nna Prince's curator insight, January 14, 10:32 AM
Une IA réalise un taux de réussite 94% dans l'analyse de vices cachés dans 5 accords de confidentialité différents en 26 secondes vs 85% pour les meilleurs avocats expérimentés sélectionnés en 92 minutes de moyenne. Selon WEF la part d'automatisation dans les tâches dites à valeur ajoutée, comme les services juridiques, pourrait dépasser les 52% d'ici à 2025. Il va sans dire que nous vivons une période de transition dont les développements technologiques devraient impacter de manière spectaculaire notre façon de travailler ou de concevoir notre avenir professionnel, ce au cours de la toute prochaine décennie.
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One-page strategic Growth Tools Resources from @Gazelles Strategic Planning Insights #strategy #growth

One-page strategic Growth Tools Resources from @Gazelles Strategic Planning Insights #strategy #growth | WHY IT MATTERS: Digital Transformation | Scoop.it
Farid Mheir's insight:

WHY IT MATTERS: always good to leverage one-pagers when doing strategic planning...

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Understanding the strategic value of IT in M&A via @McKinsey #CIO #M&A #digitalTransformation

Understanding the strategic value of IT in M&A via @McKinsey #CIO #M&A #digitalTransformation | WHY IT MATTERS: Digital Transformation | Scoop.it

Many mergers don’t live up to expectations, because they stumble on the integration of technology and operations. But a well-planned strategy for IT integration can help mergers succeed.

Farid Mheir's insight:

WHY IT MATTERS: this older article from McKinsey helps highlight the importance of IT - and I would assume digital technologies if the paper was written in 2019.

More insights into a framework to leverage IT in M&A context here: https://sophisticatedfinance.typepad.com/sophisticated_finance/2011/01/it-due-diligence.html 

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How enterprise architects can help ensure success with digital transformations is actually a very sad statement about the value that EA groups bring to organizations via @McKinsey HT @daniellambert07

How enterprise architects can help ensure success with digital transformations is actually a very sad statement about the value that EA groups bring to organizations via @McKinsey HT @daniellambert07 | WHY IT MATTERS: Digital Transformation | Scoop.it

Digital transformations are, by their very nature, complex. There are multiple moving parts, integrated processes and technologies, and the need for expertise that cannot already be found in the company. In most firms, however, there is a small cadre of technology professionals who can impose relative order on the proceedings. CEOs and CIOs should consider the benefits of pulling enterprise architects closer to the center: bringing them to the table with business leaders, devising metrics that reveal the value of their work, and creating the type of incentives that will challenge them and prompt them to stay for the long term. Such an approach is critical not just for limiting risk and protecting against the potential challenges and downsides of digital transformations but also for ensuring a clear upside—a close and lasting partnership between the business and IT.

Farid Mheir's insight:

WHY IT MATTERS: I've practiced enterprise architecture since I learned from the best at Capgemini back in 2003. Although the concept and the tools are great, and I use them daily, I find the EA groups in large organizations is quite shameful. This article provides insights into what EA groups can bring. If only the architects could step down from their throne to deliver something useful to their organizations, as suggested here...

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speedtrafikk's comment, January 7, 10:03 AM
excellent
Cholis Stark's comment, January 8, 4:07 PM
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Cholis Stark's comment, January 8, 4:07 PM
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Digitized to Democratized: These Are the 6 Ds of Exponential Technologies

Digitized to Democratized: These Are the 6 Ds of Exponential Technologies | WHY IT MATTERS: Digital Transformation | Scoop.it

The secret to positively impacting the lives of millions of people is understanding and internalizing the growth cycle of digital technologies. This growth cycle takes place in six key steps, which Peter Diamandis calls the Six Ds of Exponentials: digitization, deception, disruption, demonetization, dematerialization, and democratization.

Farid Mheir's insight:

WHY IT MATTERS: a great infographics for digital transformation professionals.

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Cholis Stark's comment, January 8, 4:09 PM
www.trik.cara.gratis
Cholis Stark's comment, January 8, 4:09 PM
www.trik.cara.gratis
Cholis Stark's comment, January 8, 4:09 PM
www.jaringankita.site
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An Interactive Map Shows Just How Many Roads Actually Lead to Rome - and there is great #digital #technology behind it - Thanks @VKassardjian for the find!

An Interactive Map Shows Just How Many Roads Actually Lead to Rome - and there is great #digital #technology behind it - Thanks @VKassardjian for the find! | WHY IT MATTERS: Digital Transformation | Scoop.it

An interactive map proves indeed that All roads lead to Rome.

Farid Mheir's insight:

WHY IT MATTERS: it doesn't really matter but it is a great example of what you can do with digital tools... and too many hours on you hands! Joking aside, when concerned about mobility and transformation of cities, this may actually be a useful tool.

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Phoenix will no longer be Phoenix if Waymo’s driverless-car experiment succeeds

Phoenix will no longer be Phoenix if Waymo’s driverless-car experiment succeeds | WHY IT MATTERS: Digital Transformation | Scoop.it

Experimental Design imagines another scenario: neighborhoods eliminate the growing stream of delivery vehicles by organizing central locations or deploying a kind of package delivery van that comes around once or twice a day like an ice-cream truck. Neighbors might gather around the day’s influx of retail goods and exchange news, transforming the hermetic life behind closed garage doors into a more open and collaborative kind of community.

Farid Mheir's insight:

WHY IT MATTERS: the impact of self-driving cars for cities that were designed and built around cars remains unknown. Phoenix being one of them where Google waymo self-driving taxis is being tested at scale today. This article explores the possible impacts and they are fascinating, going well beyond transportation.

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How to approach digital transformation: the 4-E framework from @Bosch Innovation group

How to approach digital transformation: the 4-E framework from @Bosch Innovation group | WHY IT MATTERS: Digital Transformation | Scoop.it

To support this process we have developed a comprehensive framework that combines four clusters of enablers for digital transformation (shown in the figure below). The “4E-Framework” gives companies a structured approach to analyze and build capabilities that position their business in a rapidly changing commercial environment. In practice, this framework enables companies to focus activities and resources on key strategic areas, and to measure the results.

Farid Mheir's insight:

WHY IT MATTERS: a framework developed by IOT pioneers Bosch Innovation.

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Vezta & Co.'s curator insight, December 22, 2018 9:06 PM

WHY IT MATTERS: a framework developed by IOT pioneers Bosch Innovation.

joneson's comment, December 23, 2018 10:19 AM
Transformer:https://www.newbecca.com/product/category/50066200
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The future of work may be defined by companies such as @Buffer and include being a fully remote team, transparent salaries, and radically different hiring and performance reviews #HR #jobs

The future of work may be defined by companies such as @Buffer and include being a fully remote team, transparent salaries, and radically different hiring and performance reviews #HR #jobs | WHY IT MATTERS: Digital Transformation | Scoop.it

When you experiment with work culture as much as we do at Buffer, you tend to receive a lot of questions about it.

What is it like to work remotely? How do you collaborate across time zones? Do people really feel okay making their salaries public? Can you become friends with teammates when you’re not in an office? Do you miss working in an office? Do you basically live in pajamas? (Quick answer to that one: not usually, though I definitely have spent a work day or two in pajamas!)

Farid Mheir's insight:

WHY IT MATTERS: I wrote about the buffer open culture in the past and find this latest post to be a great summary of the best practice they have put in place over the years. Critics will say this only applies in startups but I would argue that 1) Buffer is already a 6+ years old 80 person team company 2) Large companies are composed of business units often much smaller in size than Buffer. That being said, many of my colleagues like coming to work in the morning and interacting with people face to face during the day so this model is not for everyone. But if you are looking for a different way to work, then I suggest you look at this and the new agile tribes that I wrote about previously.

for more go here: fmcs.digital/?s=buffer  and fmcs.digital/blog/digital-agile-transformation-at-ing-shows-it-is-possible-to-transform-legacy-non-technology-organizations-to-agile-using-the-concepts-of-tribes-squads-chapters-via-mckinsey-digitaltransformat/ 

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joneson's comment, December 23, 2018 11:07 AM
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La déclaration de Montréal sur l'Intelligence artificielle via @LePoint #mustRead #inFrench

La déclaration de Montréal sur l'Intelligence artificielle via @LePoint #mustRead #inFrench | WHY IT MATTERS: Digital Transformation | Scoop.it

« Dans tous les domaines où une décision affecte la vie, la décision finale devrait revenir à un être humain »

Cette semaine, qui verra également une réunion du G7, sera aussi l'occasion de la présentation d'un texte historique, la « Déclaration de Montréal » que nous publions ci-dessous en exclusivité. Signée par plusieurs chercheurs éminents comme Yoshua Bengio, professeur à l'université de Montréal, Joëlle Pineau, professeure agrégée en sciences des données à l'université McGill, ou encore Marc-Antoine Dilhac, professeur au département de philosophie de l'université de Montréal, elle dresse une liste de principes pour encadrer les recherches en intelligence artificielle.

Farid Mheir's insight:

WHY IT MATTERS: this is a major effort by AI leaders. Most interesting when you read it backwards, it sheds light on what is possible or will soon be possible by AI algorithms. Must read.

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Richard Bedoya's curator insight, December 6, 2018 2:38 AM
UH 60 el poder de los cielos
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Transform Episode #1 : Business Transformation “The 10,000 Foot View” from and pals at Wikibrands #wikitransform #digitalTransformation @doylebuehler @SeanMoffitt @Andrea_Kates

Transform Episode #1 : Business Transformation “The 10,000 Foot View” from and pals at Wikibrands #wikitransform #digitalTransformation @doylebuehler @SeanMoffitt @Andrea_Kates | WHY IT MATTERS: Digital Transformation | Scoop.it
A powerhouse squad of members of the Wikibrands Collective discussing some of the general discussions and debates on business and digital transformation. 
  1. What is “business transformation”?
  2.  What’s the role of technology?
  3.  What is business transformation trying to achieve?
  4.  What is the biggest success factor of business transformation?
  5.  What is the top barrier to transformation?
Farid Mheir's insight:

WHY IT MATTERS: a shameless bit of self promotion for our first webcast on digital transformation with other members of the wikibrands collective that is starting to take shape. Short, 20 minutes discussion on important topics to consider regarding digital transformation

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More insights into Agile Transformation at ING and the concept of Agile Tribes

More insights into Agile Transformation at ING and the concept of Agile Tribes | WHY IT MATTERS: Digital Transformation | Scoop.it

When I speak to leadership teams or consult on agile transformation with corporates I’m always keen to stress that there is never one all-purpose solution to what a successful digital transformation looks like.

Farid Mheir's insight:

WHY IT MATTERS: banks are notorious for their lack of agility and fear of change, making digital transformation a challenge. Here ING move to the concept of agile tribes is explained.

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Digital agile transformation at ING shows it is possible to transform legacy non technology organizations to #agile using the concepts of #tribes #squads #chapters via @McKinsey #digitalTransformat...

Digital agile transformation at ING shows it is possible to transform legacy non technology organizations to #agile using the concepts of #tribes #squads #chapters via @McKinsey #digitalTransformat... | WHY IT MATTERS: Digital Transformation | Scoop.it

Established businesses around the world and across a range of sectors are striving to emulate the speed, dynamism, and customer centricity of digital players. In the summer of 2015, the Dutch banking group ING embarked on such a journey, shifting its traditional organization to an “agile” model inspired by companies such as Google, Netflix, and Spotify. Comprising about 350 nine-person “squads” in 13 so-called tribes, the new approach at ING has already improved time to market, boosted employee engagement, and increased productivity.

Farid Mheir's insight:

WHY IT MATTERS: banks are notorious for their lack of agility and fear of change, making digital transformation a challenge. Here ING move to the concept of agile tribes is explained.

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11 Things Retailers Just Said About The Future Of The Store #mustRead #retail #omnichannel HT @nikkibaird

11 Things Retailers Just Said About The Future Of The Store #mustRead #retail #omnichannel HT @nikkibaird | WHY IT MATTERS: Digital Transformation | Scoop.it

Retailers at the Future Stores event in Seattle had a lot to say about where they thought the future of the store is headed. Here are some of the top takeaways.

Farid Mheir's insight:

WHY IT MATTERS: I read and research this topic *a lot* and find this summary is capturing some of the key issues retailers face today in their digital transformation. Must read.

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FredDrz's curator insight, November 24, 2018 5:02 PM

WHY IT MATTERS: I read and research this topic *a lot* and find this summary is capturing some of the key issues retailers face today in their digital transformation. Must read.

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The Future of Retail by @trendWatching provides an overview of what new #retail shopping experiences look like - and the #technology you need behind HT @competia

The Future of Retail by @trendWatching provides an overview of what new #retail shopping experiences look like - and the #technology you need behind HT @competia | WHY IT MATTERS: Digital Transformation | Scoop.it

The future of retail by Trendwatching: "Because while consumers may not care about the future of retail, they’re still busy creating that future. They’re fueled by a set of unchanging human needs. And their expectations never stand still. They want greater convenience. They want better value. They want excitement, meaning, status, relevance, authenticity, social connection and more."

Farid Mheir's insight:

WHY IT MATTERS: retail is being disrupted and nobody knows what to do, what works and what doesn't. Here's a run down of 9 trends to help you sort it out.

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FredDrz's curator insight, November 21, 2018 8:13 PM

WHY IT MATTERS: retail is being disrupted and nobody knows what to do, what works and what doesn't. Here's a run down of 9 trends to help you sort it out.

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French recipe for #startups to work with large groups on #innovation projects - one sentence rings true: one minute is to a startup what a week is to a large company

French recipe for #startups to work with large groups on #innovation projects - one sentence rings true: one minute is to a startup what a week is to a large company | WHY IT MATTERS: Digital Transformation | Scoop.it

Après plus de deux ans d’accompagnement de nos startups chez la plupart des grands groupes français, j’ai souhaité dresser un premier bilan.

Farid Mheir's insight:

WHY IT MATTERS: it is a great summary of the key success criteria and pitfalls of innovation in large organizations. Must read for any startup or executive in large organization.

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A very simplistic flowchart shows areas where you must use #AI today - because if you don't and your competitor does, then you are in trouble

A very simplistic flowchart shows areas where you must use #AI today - because if you don't and your competitor does, then you are in trouble | WHY IT MATTERS: Digital Transformation | Scoop.it

The definition of artificial intelligence is constantly evolving, and the term often gets mangled, so we are here to help.

Farid Mheir's insight:

WHY IT MATTERS: use this overly simplistic flowchart then look at your internal process and determine where you should use AI. Do you have someone look at products all day long to determine faulty products? If yes, use AI. Do you have people move things around a kn own environment? If yes, use AI. Because if you don't and your competitor does, then you'll be at a disadvantage...

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Vezta & Co.'s curator insight, November 14, 2018 6:23 PM

WHY IT MATTERS: use this overly simplistic flowchart then look at your internal process and determine where you should use AI. Do you have someone look at products all day long to determine faulty products? If yes, use AI. Do you have people move things around a kn own environment? If yes, use AI. Because if you don't and your competitor does, then you'll be at a disadvantage...

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Another great contribution by @JFGagne: A Framework + maturity model for #AI Governance that can be applied in #retail #finance to drive the #strategic planning process and govern its implementation

Another great contribution by @JFGagne: A Framework + maturity model for #AI Governance that can be applied in #retail #finance to drive the #strategic planning process and govern its implementation | WHY IT MATTERS: Digital Transformation | Scoop.it

Modern AI can figure out patterns, classify objects, make decisions and evaluate the results. It can learn and adapt to new situations using feedback loops. It’s awesome software. You don't need to pay someone to make an analysis then pay someone to create a piece of software then pay someone to validate the outcome then realize it’s not doing  what you expected then go back and tweak the software. That whole cycle can take years in large organizations, yet a properly designed process powered by artificial intelligence can do that in a matter of days. It can recode itself, roll the changes out, and verify if it’s actually moving the needle in a direction that you want — all at an accuracy and speed beyond human ability. Quite powerful. Quite threatening.

Farid Mheir's insight:

WHY IT MATTERS: this is quite useful framework to help guide the strategic planning process and measure its progress.

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Vezta & Co.'s curator insight, November 5, 2018 11:34 AM

WHY IT MATTERS: this is quite useful framework to help guide the strategic planning process and measure its progress.

Antonio Lopez's curator insight, November 5, 2018 2:45 PM
Lookathis
Lenka Vural's curator insight, November 7, 2018 8:17 AM
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Design thinking, explained - #essentialReading for #digital #transformation professionals via @MIT @HBR

Design thinking, explained - #essentialReading for #digital #transformation professionals via @MIT @HBR | WHY IT MATTERS: Digital Transformation | Scoop.it

Coming up with an idea is easy. Coming up with the right one takes work. With design thinking, throwing out what you think you know and starting from scratch opens up all kinds of possibilities.

Farid Mheir's insight:

WHY IT MATTERS: design thinking is an essential skill to have when planning digital transformation. Us techno geek have been used to doing this for so long because of the prevalence of agile methodology in our world. Seems that it is not so in other functions of the organization. 

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Aaron Kearney's curator insight, December 1, 2018 5:48 PM
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A New View Into Marketing Technology growthVerse was a great tool to visualize the complex world of #digital #marketing - but unfortunately is not available to general public anymore @accel HT @kaykas

A New View Into Marketing Technology growthVerse was a great tool to visualize the complex world of #digital #marketing - but unfortunately is not available to general public anymore @accel HT @kaykas | WHY IT MATTERS: Digital Transformation | Scoop.it

The Marketing technology category is growing in leaps and bounds. Unfortunately, our most concise view into the category was built in 2011. While companies have been added highlighting new entrants, the Lumascape inspired view has been used primarily to emphasize how complicated and fast growing the space is.

Farid Mheir's insight:

WHY IT MATTERS: anything that helps me make sense of the fast moving world of digital marketing is always a good thing. I refer to it here as a snapshot of 2016, wishing that a 2018 version was available...

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www.pcloudy.com's comment, October 15, 2018 12:22 PM
nice
Jose Manuel Sanchez's curator insight, October 16, 2018 11:53 AM
Big Data
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Customer experience is everything: retailers have so much work to do to meet customer expectations via @PWC survey

Customer experience is everything: retailers have so much work to do to meet customer expectations via @PWC survey | WHY IT MATTERS: Digital Transformation | Scoop.it

Know what it takes to deliver the kind of experience that keeps customers coming back.

Farid Mheir's insight:

WHY IT MATTERS: creating great customer experiences seems to be the next big thing in digital transformation of retail stores. This survey from PWC provides insights into expectations and benefits of providing great experiences.

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Customer experience is everything: core elements such as efficiency & service beat gimmicks such as fun & design via @PWC survey

Customer experience is everything: core elements such as efficiency & service beat gimmicks such as fun & design via @PWC survey | WHY IT MATTERS: Digital Transformation | Scoop.it

Know what it takes to deliver the kind of experience that keeps customers coming back.

Farid Mheir's insight:

WHY IT MATTERS: creating great customer experiences seems to be the next big thing in digital transformation of retail stores. This survey from PWC provides insights into expectations and benefits of providing great experiences.

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Customer experience is everything: hide technology to bring back human touch means most current companies need to revise their strategies and architecture via @PWC survey

Customer experience is everything: hide technology to bring back human touch means most current companies need to revise their strategies and architecture via @PWC survey | WHY IT MATTERS: Digital Transformation | Scoop.it

Know what it takes to deliver the kind of experience that keeps customers coming back.

Farid Mheir's insight:

WHY IT MATTERS: creating great customer experiences seems to be the next big thing in digital transformation of retail stores. This survey from PWC provides insights into expectations and benefits of providing great experiences.

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Customer experience is everything: you can charge more for products and services when experience is great via @PWC survey HT @HenriDolino

Customer experience is everything: you can charge more for products and services when experience is great via @PWC survey HT @HenriDolino | WHY IT MATTERS: Digital Transformation | Scoop.it

Know what it takes to deliver the kind of experience that keeps customers coming back.

Farid Mheir's insight:

WHY IT MATTERS: creating great customer experiences seems to be the next big thing in digital transformation of retail stores. This survey from PWC provides insights into expectations and benefits of providing great experiences.

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Vezta & Co.'s curator insight, October 10, 2018 3:26 AM

WHY IT MATTERS: creating great customer experiences seems to be the next big thing in digital transformation of retail stores. This survey from PWC provides insights into expectations and benefits of providing great experiences.

Alexandre D'houndt's comment, October 11, 2018 8:31 AM
AMAZING
Curated by Farid Mheir
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