Leaders That Reboot Their Game to Become a Future Enterprise
If
digital
transformation
was
about
driving
fundamental
change
within
the
company,
then
its
next
chapter
will
be
far
more
outward-looking.
This
is
about
being
digital-first:
to
build
digital
businesses
that
are
viable
and
sustainable
in
the
long
term.
If
digital
transformation
was
about
driving
fundamental
change
within
the
company,
then
its
next
chapter
will
be
far
more
outward-looking.
This
is
about
being
digital-first:
to
build
digital
businesses
that
are
viable
and
sustainable
in
the
long
term.
Rather
than
just
leveraging
digital
technology
to
seize
new
opportunities,
such
organisations
are
poised
to
create
operating
models
for
meeting
evolving
customer
needs.
In
fact,
95%
of
CEOs
globally
already
see
the
need
to
adopt
a
digital-first
strategy.
But
what
does
it
mean
to
be
a
digital
business?
Firstly,
digital
businesses
embrace
a
digital-first
enterprise
strategy
led
by
the
CEO
and
other
C-suite
executives.
They
use
technology
to
stay
competitive,
shifting
their
priorities
from
just
driving
efficiency.
They
are
fixated
on
delivering
business
outcomes
at
scale
with
digital
innovation
programs.
They
create
value
through
digital
technologies.
This
change
can
be
seen
in
how
most
Asia/Pacific
Japan
(APJ)
CIOs
are
taking
up
the
role
of
strategic
advisor
and
partner,
collaborating
with
their
business
counterparts
in
operations
and
product
development.
And
with
revenue
generation
becoming
an
integral
part
of
the
CIO’s
breadth
of
responsibilities,
it’s
clear
that
technology
is
taking
on
a
leading
role
in
value
creation.
More
and
more
businesses
today
have
taken
root
in
a
digital
business
model
to
serve
as
their
stepping
stone
towards
becoming
Future
Enterprises.
The
Future
Enterprise
is
the
vision
of
International
Data
Corporation
(IDC)
on
how
enterprises
should
operate
and
invest
not
only
to
achieve
measurable
business
goals
and
outcomes,
but
to
participate
in
the
new
era
of
digital
businesses.
This
is
where
forward-thinking
organisations
will
thrive
by
attracting
digital
talent,
improving
enterprise
intelligence,
scaling
digital
innovation,
and
more.
To
celebrate
and
recognise
the
APJ
leaders
and
businesses
who
have
challenged
themselves
to
become
a
digital
business,
IDC
has
launched
anew
the
APJ
IDC
Future
Enterprise
Awards.
Last
year,
stand
out
winners
include
companies
and
individuals
such
as:
-
Midea
Group
(China),
Future
Enterprise
of
the
Year,
for
deploying
AI
and
advanced
digital
technologies
to
enhance
its
user
experience
with
an
end-to-end
value
chain
while
providing
digital
empowerment
for
all
employees
and
partners
to
create
a
flexible
and
labour-
and
energy-efficient
supply
chain. -
Maria
Beatriz
A.
Adversalo of Malayan
Insurance
Co.,
Inc. (Philippines),
recognized
as
CIO
of
the
Year
in
Asia/Pacific,
for
leading
the
company’s
digital
transformation
program
strategy
which
includes
the
deployment
of
web
apps,
portals,
APIs,
OCR,
RPA,
analytics,
and
cloud
resulting
in
increased
digitalised
policy
issuance
premiums,
savings
in
terms
of
manhours
and
software
subscriptions. -
James
Chen
of
CTBC
Bank
(Taiwan),
lauded
as
CEO
of
the
Year
in
Asia/Pacific,
for
his
forward-thinking
leadership
to
strengthen
the
bank’s
digital
technology
services
by
investing
over
TWD7.67
billion
to
modernise
its
information
core
and
transform
its
technology
to
better
serve
digital
customers. -
Zuellig
Pharma
Holdings
Pte.
Ltd.,
Best
in
Future
of
Intelligence
in
Singapore,
for
leveraging
data
analytics
to
build
a
data
superhighway
that
would
connect
all
its
current
and
future
digital
and
data
solutions.
Anchored
in
the
mission
of
making
healthcare
more
accessible,
it
built
three
main
pillars
of
service—commercial
excellence,
supply
chain
analytics,
and
business
intelligence—to
deliver
actionable
intelligence
and
insights.
As
a
result
of
improved
insights
and
services,
the
data
analytics
team
has
secured
collaborative
projects
with
over
30
principals
and
generated
more
than
US$8
million
in
revenue
in
the
last
18
months.
Entries
will
be
judged
against
these
critical
capabilities
of
the
Future
Enterprise:
-
Future
of
Trust -
Future
of
Industry
Ecosystems -
Future
of
Operations -
Future
of
Work -
Future
of
Intelligence -
Future
of
Digital
Infrastructure -
Future
of
Connectedness -
Future
of
Customer
Experience -
Future
of
Digital
Innovation -
Future
Enterprise
of
the
Year
Award
To
celebrate
the
innovative
works
of
individuals
and
organisations,
the
Future
Enterprise
Awards
also
have
these
categories:
-
CEO
of
the
Year -
CIO/CDO
of
the
Year -
Special
Award
for
Digital
Resiliency -
Special
Award
for
Sustainability
This
year,
to
recognise
outstanding
organisations
born
in
the
digital-native
era
and
smart
cities
projects,
IDC
will
also
hand
out
Special
Awards
for:
-
Digital
Native
Business -
Smart
Cities
–
Best
in
Connected
City -
Smart
Cities
–
Best
in
Digital
Policies -
Smart
Cities
–
Best
in
Citizen
Wellbeing
The
Future
Enterprise
Awards
will
also
serve
as
a
forum
for
sharing
smart
cities’
best
practices
to
aid
and
accelerate
development
in
APJ.
As
smart
cities
catalyse
the
digital
transformation
of
urban
ecosystems
towards
systemic
environmental,
financial,
and
social
outcomes,
they
tap
into
emerging
technologies
and
innovation
to
make
cities
more
liveable,
while
offering
new
services
and
economic
opportunities.
Nominations
are
now
open
for
the
awards
across
different
regions—APJ,
North
America,
Europe,
and
Middle
East,
Africa,
and
Turkey—with
entries
reviewed
by
a
select
panel
of
judges,
composed
of
IDC
worldwide
analysts,
industry
thought
leaders,
and
members
of
the
academia.
Each
nomination
is
first
evaluated
by
IDC’s
country
and
regional
analysts
against
a
standard
assessment
framework,
based
on
IDC’s
Future
Enterprise
taxonomy.
Winners
of
each
country
will
then
qualify
for
the
regional
competition.
Visit
IDC
Future
Enterprise
Awards
to
learn
more.
To
submit
a
nomination,
complete
this
form
by
16
June,
2023.
About Author
