Use Insights to improve our strategy and innovation.
Strategy formulation, innovation, and digitalization are some of the most critical management tasks. With data-driven insights and peer comparison, it is possible to make better decisions about the organization and where to improve strategic tasks. To effectively manage the strategy and topics like innovation, it is crucial to have access to data-driven insights. This will help identify patterns and trends that can otherwise be missed.
Insights on Strategy and Innovation.
Insight is a strategic tool for organizations to improve their decision-making. The data and analytics from insights can be used in order make better strategies, innovate more effectively or digitize your business processes – all of which help you achieve optimal performance within an organization.
Improve your strategy
With Insights, you identify the right strategic objectives that will help you improve your organization and increase your strategic maturity.
By improving your organization’s strategies, innovation and digitalization you can optimize the way for a more successful business future.
STRATEGY AND STRATEGIC PLANNING
Strategy Maturity Assessment
Analytics of the strategy maturity gives an insight into how well companies are preparing their strategies, executing them, and refining them to a higher level. The goal is to see how well the strategic process is defined and competitive.
Strategy Maturity Benchmark
Insights helps, you understand your strategic gaps. Understand your strategy maturity compared with your relevant peers and industry benchmark. This way, you can improve your strategic efforts and stay ahead of your competition.
INNOVATION, INNOVATION-MINDSET & -CULTURE
Innovation Maturity & Analytics
Innovative companies have a competitive edge. They’re also more likely to grow and flourish, which means they need an innovative culture that will continue succeeding even as the rest of their business changes over time. With the innovation maturity insights, you will see how well you are doing with your innovation efforts.
Innovation Maturity Benchmark
To stay competitive in an ever-changing market, you must be on top of your game. The best way is by understanding how other companies operate and perform concerning their innovation culture, processes, and maturity.
DIGITALIZATION AND AUTOMATION
Digitalization Maturity Assessment
It is crucial to valuate the maturity of a company’s capabilities when it comes to digitalization. The more mature they are, generally means that there will be fewer obstacles in terms or technology and processes for them which can help with automation as well an increase efficiency overall!
Digital & Digitalization Maturity Benchmark
With MoreThanDigital Insights, you comprehensively compare your digital maturity to that of other peers and industries. This way, you can see how well prepared for future challenges.
Why analyze your strategic, innovation, and digital maturity?
There are several reasons why it is essential to understand the maturity of a company’s strategy, innovation, and digital capabilities. These areas are all critical to the success of any organization. If your strategy is ineffective, you will not be able to achieve your goals. If your innovation process is not robust, you will not be able to stay competitive in the market. And if your digital capabilities are not up to par, you will be disadvantaged in the digital age.
All of these areas are constantly changing and evolving. The pace of change in the business world has never been faster, and it will only continue accelerating in the years ahead. If you don’t keep up with the latest trends and developments in these areas, you will quickly fall behind your competitors.
Overall maturity has a big impact on the future readiness and state of the company. For example, a company with a high level of maturity in all three areas will be more successful in achieving its goals than a company with low maturity in any one area. Additionally, a company with high overall maturity is more likely to be resilient in the face of challenges and faster to adapt to changes in the business environment.
Conversely, a company with low overall maturity is more likely to struggle and may even be at risk of failure.
Advanced Business Analytics Platform
Mesuarble Business Dimensions
Some questions answered
Here are the answers to some of the most frequently asked questions about the MoreThanDigital Insights platform. If your question is not included, we’d love to hear from you!
How can I analyze my organizations maturity?
MoreThanDigital Insights is an excellent choice because over 50+ industry-leading experts have developed the relevant business dimensions to measure. With the guided flow and helpful functionalities, you’ll be able to do maturity surveys with your employees and even benchmark your results versus your peers and industry averages.
We even keep your data safe, anonymous, and confidential.
How can I improve my company based on this data?
Insights gives you a highlighted overview of your company’s performance and how it stacks up against the competition, peers, or industry. The maturity section will help identify where you need to focus your efforts on all relevant business dimensions, and the peer insights section provides a valuable resource for benchmarking. Finally, the more you know what’s working (and what isn’t), the better you’ll make informed, data-driven decisions that improve your business.
Can anyone see my data? Is it safe?
Your company’s data and financial insights are safe with us.
Only you can see it, and nobody else can search for it. Insights meets the most stringent requirements for protecting your data in transfer and rest.
However, if you invite others to Insights and view your financial data, they may have access to that information. So please be careful when inviting consultants, employees, and managers. Our comprehensive User-Access Management will help you manage the visibility of your sensitive data; by default, nobody can see your financial data.
Who are my peers for comparisons/benchmarks?
In our free version, your peers for comparisons and benchmarks can vary depending on several factors, including country, industry, and company size and will be automatically set by our system. Your company will then be compared against your primary sector and relevant size classification within your country/state.
However, with our premium, you can choose your peers based on what best represents your company’s positioning. This could include data from multiple countries, a range of company sizes, or companies in complementary industries.
It’s also important to keep in mind that you should always be looking to set your peers right and aim for excellence in essential areas – this is what will help you stand out from the competition.
Is Insights really free? Are there hidden costs?
Yes, Insights is free for everyone. We believe that by making it easier for people to get insights from their data, they can be more successful in their businesses and positively impact the world. That’s why we’re committed to being the most accessible analytics platform.
To save server workload, we only limit peer data and report dept, which is then reserved for the premium version. For your personalized peer data set and more in-depth reports, please support our mission by buying a premium report.
Please read our #bethechange statement – why MoreThanDigital gives everyone access to such tools.