B2B companies face unique challenges in organizing for digital. Torsten Lichtenau, a partner with Bain's Digital practice, explains how leaders are using a Radar 360℠ approach to bring doers and dreamers together to assess their companies’ digital capabilities. Read the Bain Brief: Digital Strategy for a B2B World
A lean, cost-effective and fast delivery engine is the key to prioritizing the customer experience. Jens Engelhardt, a partner with Bain's Customer Strategy & Marketing practice, outlines the five rules companies should follow when they develop a simple and digital approach to reduce complexity and transform their core business. Read the Bain Brief: Running the Business through Your Customer's Eyes
Truly successful omnichannel retailers merge the best of the digital and physical worlds. Darrell Rigby, who leads Bain’s Global Retail practice, shares how traditional retailers are expanding to digital to provide quicker service for customers, while digital retailers are establishing physical stores to create a rich customer experience.
Despite higher levels of investment, many companies lack a clear strategy for winning in data and analytics. Lori Sherer, a partner with Bain's Advanced Analytics practice, shares three strategies for companies looking to productively invest in data and analytics to drive business performance. Read the Bain Brief: With Advanced Analytics, It’s People (Not Data) That Stand in the Way of Change
The value realization gap is the disconnect between great analytical output and actual changed behavior. Chris Brahm, global practice leader in Bain's Advanced Analytics practice, outlines how enterprises need to prioritize “the last mile’’ of their process as they approach data analytics to achieve great results. Read the Bain Brief: Closing the Results Gap in Advanced Analytics
Although digital creates new opportunities, it also brings a unique set of challenges that blur boundaries in an organization. Greg Caimi, who leads Bain's Digital practice in the Americas, summarizes three ways executives can upgrade their capabilities in new and traditional areas in order to keep up with digital.
Despite collecting mountains of digital information, many IT departments are being held back by a lack of business-IT governance. Rasmus Wegener, a partner with Bain’s Advanced Analytics practice, shares three strategies companies can use to derive meaningful insights from their data. Read the Bain blog: The Business Case for Prioritizing the “I” in IT
When implemented correctly, a strong data analytics capability can help companies increase revenue by 10% or more. Bharat Bansal, a partner with Bain’s Information Technology practice, shares four things to keep in mind when investing in data analytics.
With new legislation holding boards accountable for data breaches in cybersecurity, the questions of where and how to invest are greater concerns for companies. Frank Ford, a partner in Bain's Information Technology practice, shares how organizations can address those concerns by looking holistically at their cybersecurity maturity.
While consumer applications in the Internet of Things get plenty of attention, revenues from the industrial and enterprise side of the IoT are expected to double the consumer market by 2020. Peter Bowen, a partner with Bain's Technology practice, outlines three important concepts that will help companies compete in the industrial IoT. Read the Bain brief: Choosing the Right Platform for the Industrial IoT