Building your digital social balance sheet
In the 1950's a successful entrepreneur could build an organisation with an average lifespan of 67 years, generating value across three generations of workers, shareholders, and customers. Today, the average lifespan of an organisation is 15 years. Consequently, entrepreneurs adopt a half generation ‘playbook for success’.
In 2020, digitally indigenous ventures will dominate global stock indices. Within 10 years it’s predicted that 75% of today’s Standard & Poor’s 500 will be displaced by 21st century start-ups. This lines up with research by SAP, that 90% of CEOs believe the digital economy impacts their industry, yet only around 25% are confident that they have an effective strategy, and less than 15% are effectively resourced and executing a cohesive plan.
Essentially, while leaders accept the need to master the Digital Social Era, the majority struggle to architect their future purpose and fashion new value.
Dimension Data’s Digital Social Balance Sheet can help you deal with digital disruption - check out the digital balance sheet and how it can be used as a key tool in your playbook for success!