Do we really need Chief Digital Officers?
It’s still in the early days, but I truly believe that digital transformation has incredible promise. We’ve spent the last 50 years mostly digitizing, and now its time to transform. McKinsey & Co., characterizes the opportunity as follows: Digitization often lowers entry barriers, causing long-established boundaries between sectors to tumble. At the same time, the ‘plug and play’ nature of digital assets causes value chains to disaggregate, creating openings for focused, fast-moving competitors.