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Total Enterprise Reinvention

January 16, 2023 5-MINUTE READ

RESEARCH REPORT

In brief

The new imperative

The time is now

Setting a new performance frontier

Financial impact

Reinventors report higher incremental revenue growth, higher cost-reduction improvements and higher balance-sheet improvements.

Technology speed to results

66% of Reinventors say the delivery of their reinvention strategy is happening significantly faster relative to past transformations.

360° value

76% of Reinventors say setting non-financial targets is very important, compared with 32% for Transformers and 10% for Optimizers.

Total Enterprise Reinvention:

Six differentiating features

97%

of survey respondents agree technology in general now plays, and will continue to play, a critical role in both their reinvention strategy and in transformation programs for their organization.

64%

of Reinventors are monitoring and screening next-gen intelligence technologies.

55%

of the executives we surveyed are still focused on matching existing best practices in their industry and see that goal as the full potential they can hope to achieve.

66%

of Reinventors say upskilling and reskilling employees with tools and capabilities needed to speed up execution were most important to the successful delivery of their reinvention strategy.

99%

of executives expect that the focus on the interconnectedness of functions across their organization will increase over the next two years.

58%

of Reinventors say that they reprioritize existing initiatives and add new ones to their reinvention strategy as part of core planning processes in support of a philosophy of continuous reinvention.

Becoming a Reinventor

About the Authors

Julie Sweet

Chair & CEO


Jack Azagury

Group Chief Executive – Strategy & Consulting


Bhaskar Ghosh

Chief Strategy Officer


Trevor Gruzin

Senior Managing Director – Growth & Strategy, Growth Markets


Oliver Wright

Senior Managing Director – Consumer Goods & Services, Global Lead


Mike Moore

Senior Principal – Accenture Research