Digital Transformation of Business and Industrial Organizations – Subject Update

What is Management? A New Look:

Management Definition – Narayana Rao

Management of an organization is the process of establishing objectives and goals of the organization periodically, designing the work system and the organization structure, and maintaining an environment in which individuals, working together in groups, accomplish their aims and objectives and goals of the organization effectively and efficiently. (3rd December 2008)

Implications of the  Definition:

(i) Management is a process.
(ii) Management applies to every kind of organization, government, profit making, or nonprofit making.
(iii) It applies to managers at all levels in the organization.
(iv) Management is concerned with effectiveness and efficiency.

Video Explanation of  the  Definition




Top 10 influencers in digital transformation you should follow in 2019

Dez Blanchfield – Chief Data Scientist, Gara Guru
Ken Bonifay – North America Sales Leader – Financial Services Market, IBM
Sally Eaves – Member, Forbes Technology Council
Antonio Grasso – Founder & CEO, Digital Business Innovation Srl
Dr. Robin Kiera – Speaker, Thought Leader, Storyteller,
Joe McKendrick – Analyst and Contributor, CBS Interactive, Forbes, Information Today
Mike Quindazzi – Managing Director US Digital Alliances, PwC
Jacqui Shawley – Global Market and Offering Manager, IBM Z
Ronald van Loon – Director, Adversitement
Helen Yu – Founder & CEO, Tigon Advisory Corp.

Are your operations adapting as fast as your markets are changing?



Digital Transformation – Principles, Strategies and Rules

Advice and Suggestion from Jeff Immelt –
Leaders must act as Systems Thinkers in Digital Transformation.

Leaders have to understand how cyber – physical systems in combination deliver value to customers.

Marketing chain and Supply Chain are to be integrated and cyber – physical systems exist in both the chains. Digital and Physical systems and people have to work in combination and deliver value to customers. Leaders and managers have to first visualize and design the work system.

Transform Your Business to Compete in the Digital Age

Columbia Business School
uploaded 19 January 2018


#207: Digital Transformation and disruption in the Insurance Industry, with UNIQA Insurance Group


KPMG declared leader in digital transformation consulting
Jul 12, 2017

KPMG was recently named a leader in the IDC MarketScape awards titled “Worldwide Digital Transformation Consulting and Systems Integration Services 2017 Vendor Assessment”. The award process noted that under times of turbulent change and economic challenges many firms around the world were calling upon KPMG to help them through the process challenges. KPMG have been identified for their strength in aiding organizations to begin the transformation process, and the disruptions this can bring, while maintaining their place within a competitive market.

Evolve Or Die: Why Digital Transformation Is More Important Than Ever
Four areas of focus for Digital transformation

Davos 2017 – Preparing for the Fourth Industrial Revolution

World Economic Forum


Published on 19 Jan 2017
What is needed from the public and private sectors to ensure that the Fourth Industrial Revolution benefits all of humanity?

– Mukesh D. Ambani, Chairman and Managing Director, Reliance Industries, India
– Mary Barra, Chairman and Chief Executive Officer, General Motors Company, USA
– Marc R. Benioff, Chairman and Chief Executive Officer, Salesforce, USA; Young Global Leader Alumnus
– Shu Yinbiao, Chairman, State Grid Corporation of China, People’s Republic of China
– Vishal Sikka, Chief Executive Officer, Infosys, USA

Chaired by
– Ngaire Woods, Dean, Blavatnik School of Government, University of Oxford, United Kingdom

Davos 2017 – Press Conference: The Digital Transformation of Industries


World Economic Forum,  Published on 19 Jan 2017

The World Economic Forum launched the multi-year Digital Transformation of Industries Project in 2015 in partnership with Accenture. The project looks at how digital technologies like machine learning, cloud computing, and the internet of things are changing existing industries and creating entirely new ones. It makes recommendations to incumbents on how they can thrive in the new digital environment.

There are now hundreds of startups attacking traditional markets as a result of the democratization of technology, increased access to funds and a rising entrepreneurial culture. Start-ups are achieving scale far quicker than analogue companies ever did. Average Fortune 500 companies took 20 years to reach a market cap of $1 billion, Google managed it in eight years, and the likes of Uber, Snapchat and Xiaomi in three years or less. 88% of Fortune 500 companies from 1955 – 2015 no longer exist. Digital disruption has been a major driver of this, consequently Fortune 500 companies must use their considerable resources to fight off the attacks of leaner challengers and remain relevant in a digital age.

– Bruce Weinelt, Head of Digital Transformation, World Economic Forum
– Peter Lacy, Global Managing Director, Strategy and Sustainability, Accenture
– Stephanie Linnartz, Global Chief Commercial Officer, Marriott International Inc.
– Jean Philbert Nsengimana, Minister of Youth and Information Communication Technology,        Ministry of Youth and Information and Communication Technology of Rwanda

Moderated by
– Alem Tedeneke, Media Specialist, World Economic Forum LLC


3 Industries That Will Be Transformed By AI, Machine Learning And Big Data In The Next Decade
Bernard Marr
SEP 27, 2016
Healthcare – Finance – Insurance

Acting on the Digital Imperative – BCG

SEPTEMBER 12, 2016
By Ralf Dreischmeier , Karalee Close , Thomas Gumsheimer , Peter Hildebrandt , and Adal Zamudio

Digital Transformation Playbook

Prof. David Rogers, Columbia Business School

June 2016, Columbia Business School

The Digital Imperative  – Article by BCG

By Ralf Dreischmeier , Karalee Close , and Philippe Trichet
MARCH 2, 2015

Updated on 2019  11 August 2019, 31 May 2019

2018 – 3 February 2018,   25 January,  19 January

 25 November 2017,  26 August 2017,   22 August 2017, 7 June 2017, 14 April 2017