Historically, participants in the semiconductor ecosystem have proven to be among the most resilient and effective at navigating change. However, with unprecedented market dynamics and a continuous flow of industry disruptions, semiconductor leaders like you are challenged to transform your businesses to remain competitive and profitable. With all of the noise in the media and market around digital transformation and Industry 4.0, defining and effectively navigating a business transformation that is right for you and your company can prove challenging. Additionally, the ongoing COVID-19 global pandemic has created new urgency around current or planned business transformations.
The objective of this survey and associated report is to provide participants a playbook for navigating through their particular business transformations. The survey and report will not only benchmark where participants are in their respective business transformations but will also provide guidance on the next steps to take in their transformation journeys. The survey is structured according to five key transformation components: Strategy, Business Model, Capabilities, Operating Model and People/Process/Technology. A brief description of each of these components follows.
Digital Transformation Framework