Transforming the Canadian enterprise of the future

In an era of rapid advances in artificial intelligence and other digital capabilities, innovative enterprises are constantly evolving their industries, ecosystems, and ways of working to unlock major opportunities.

Our new global report, which features insights from more than 2,000 executives at large enterprises around the world—including Canadian organizations—reveals that out-performers are strengthening their data and tech foundations, orchestrating transformation, and building resilient cultures to meet changing demands.

Read on to see Canadian highlights from the report and access the full global publication below.

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By the numbers

29% of Canadian enterprises are running two or more significant transformation programs concurrently, compared to 88% of global enterprises

65% of Canadian executives say their organization’s technology foundation is prepared or somewhat prepared to achieve transformation objectives, such as the integration of infrastructure, data, and AI capabilities

29% of Canadian executives say that increasing competitive pressure is a top external factor driving the need for transformation within their industry

50% of Canadian executives who say they’ve facilitated or led change management efforts to align the organization with transformation goals or outcomes

35% of Canadian executives say AI solutions, including machine learning and generative AI, will be the top transformative technology in the next one to three years

30% of Canadian executives whose top objective for AI in the coming year is to address skills gaps, cultivate diverse talent, and create a culture of continuous learning

Key insights about the enterprise of the future

Transformation is constant and concurrent, and technologies will continue to shape strategic opportunities, reveal undiscovered value, and confer competitive advantages. For many leading organizations, transformation is now a continuous reinvention.

Technological advances are the top external factor driving the transformation agenda, and Canadian executives believe that adopting advanced technologies like generative AI, neural networks, and digital twins will increase the likelihood of transformation success.

Digitally literate senior leaders, who can inspire trust amidst complexity, ambiguity, and continuous change while pursuing holistic transformation goals, are more likely to create lasting value at a quicker pace.

As new threats and opportunities emerge from unexpected directions, trust lays the foundation for establishing cultural resiliency and effective communication, which are aligned with the success of transformations and the ultimate goal of value creation.

The new digital building blocks of success

Culture confers advantage as change becomes constant

Employees are more likely to buy into change when leaders provide them with a clear vision of transformation goals and communicate regularly about progress and gaps.

Digitally mature enterprises are more likely to outperform

Robust tech foundations can improve almost every meaningful success metric, including collaboration, innovation, customer satisfaction, financial performance, and agility.

Stronger partner ecosystems boost competitive advantages

Leading companies are leveraging partnerships to accelerate go-to-market strategies, outmaneuver supply chain challenges, and leapfrog technology capabilities.

Organizational alignment and orchestration speed progress

All members of the senior team and each department, function, and business unit should be aligned to the organization’s mission, operations, and strategic goals.

For a deep dive on the above insights and more, access the full global report below.

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Ready to take your transformation to the next level? Reach out to our team of advisors who can help you leverage insights from leading companies in Canada and around the globe—and transform your enterprise for the future. We’re here to help.

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