What is Digital Success and Transformation? Digital success, at scale, is building a billion-dollar revenue digital business that is profitable. Digital transformation is not about using technology to cut costs or optimize operations; it is about improving the customer experience by 10X in your industry for digital success. Since 1995, only 29 companies have achieved digital success, at scale: 25 pure-plays like Amazon and Netflix, and 4 spin-offs from traditional companies like Macy’s (FD) and ABInbev (ZX).
What did the 29 successful companies do differently? All 29 successful companies were also the digital winners in their markets—winning on 8 key dimensions:
STRATEGY
1. Created 10X superior CX—to attract most customers/revenue—in their market 2. Invented new digital-only Business Model—to be most profitable—in their market
3. Designed “people-centric” Structure—to attract best talent—in their market
SPEED
4. Increased Execution velocity 10X—to gain most market share—in their market 5. Fostered owner-mindset Governance—to unlock most shareholder value—in their market 6. Unleashed hyper-growth Culture—to grow fastest/learn most—in their market
INNOVATION
7. Built Resilient ecosystem—to drive the most innovation—in their market 8. Developed Data/Analytics competency—to maximize performance—in their market
About GVG Capital + LAB GVG Capital is the #1 global investment and advisory firm in digital transformation. Since 1995, GVG Chairman Love Goel led the only 4 successful transformations/spinoffs from traditional companies [as Chairman/Co-Founder], and advised over half the successful pure-plays [Strategic Advisor/Investor]. The LAB makes the impossible possible—by engaging with CEOs and Boards to find answers to tough questions that they have been unable to find despite investing billions over decades—so they can build the digital winner in their market. We offer insights from our unmatched operating, governance, investing and advisory experience of building digital winners and transforming companies. We led the largest study on digital success/transformation; and curated the world’s largest database of digital KPIs/best practices. We help CEOs, Boards and Investors achieve this through bespoke, hands-on, high-impact workshops. For the first time, we are offering workshops to non-portfolio companies because of the urgent need exposed during COVID for iconic companies to transform. We would like to help as many companies as we can; but can only host one company each month. Each workshop focuses on one of the 8 key dimensions of digital success, is 3 hours long, and personally led by our Chairman Love Goel. Virtual and in-person workshops offered in Boca Raton, Florida. Located near three international airports MIA, FLL, PBI.
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