CFO Digital Transformation Is a Mandate for Overall Business Success
This IDC Perspective discusses the importance of digital transformation (DX) from the CFO perspective. CFOs agree that digital transformation is necessary for organizational success, yet organizations struggle to fully understand what DX is at all levels of the organization, what it means for their own business to transform, and how the business will fundamentally look and operate post-transformation.According to Shawn Fitzgerald, research director, IDC Insights' Worldwide Digital Transformation Strategies practice, "CFOs agree that this is a 5- to 10-year journey that requires CEOs to champion while representing all business functions requirements. To successfully execute DX, there needs to be leadership and resources at the senior management level tasked with implementing your own well-defined DX strategic priorities, programs, and projects, all goaled with creating repeatable, sustainable, and next-level business processes enabled by technology."
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