Industrial companies globally face a conundrum: despite the continuous advance of technologies promising improved productivity and efficiency, productivity growth remains low. Many organizations are struggling to capture the full value of digital technologies, even though digital transformation is no longer a nice-to-have but a strategic necessity. What sets those who are succeeding in end-to-end digital transformations apart from those who are investing but failing to see a return' A closer look at the exceptional performance of sites in the World Economic Forum's Global Lighthouse Network suggests the real difference is a holistic approach that puts people at the centre. The Global Lighthouse Network was co-founded by the World Economic Forum and McKinsey in 2018 to recognize organizations that lead in digital transformation ' converting digital capabilities into tangible, sustainable impact across their operations, workforce and environmental footprint. These companies have...
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