What does it mean to be “digital?”
Is your business digital? How do you know it is? Is it enough?
Research shows only 18 percent of all businesses are really optimizing digital in a way that creates competitive advantage and those that do leave their competitors far behind. Which side do you fall on?
In this new episode of The Marketing Companion, Tom Webster and I go deep on this topic and discuss what it really means to be a digital business, the importance of adopting a digital mindset and the impact on all of us as marketers. We also look at a case study of a company “going digital” that resulted in a $9 billion loss and the lay-off of nearly 18,000 employees.
Are the stakes high? Yes, they are.
Do you need to listen to this podcast? Yes, you do. Well … here it is for your listening pleasure!
Click on this link to listen to Episode 67
Resources mentioned in this podcast
The Inside Story of what Really Went Wrong at Target Canada, Canadian Business
What Digital Really Means, McKinsey Global Institute
The Most Digital Companies are Leaving the Rest Behind, Harvard Business Review
Illustration courtesy of Flickr CC and Vancouver Film School
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Originally published at www.businessesgrow.com on January 26, 2016.