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  • This survey reveals how CEOs preserve their businesses through the pandemic. 

    Digital transformation (DX) can be defined as the integration of digital technologies in all areas of a business that lead to improved operational processes as well as more value being delivered to customers. DX enables a more agile and intelligent way of doing business, making use of technologies such as advanced analytics and artificial intelligence (AI). The global digital transformation market has been growing rapidly in recent years and is forecast to be worth 2.3 trillion U.S. dollars by 2023.

    Building leadership for the digital transformation to improve customer experience and optimize employee productivity with advanced analytics and AI is a key goal.

  • The speech that Akio Toyoda, president and director of Toyota, delivered on May 18, 2020 to Babson College's 636 newest master's degree holders, half of which are from family businesses, encapsulates a principle that kept Toyota family business alive. How are you transforming your business models today?

    Toyoda -- who earned his MBA from Babson in 1982 and whose son graduated from the college in 2014 -- recalled that his great-grandfather "invented the automatic weaving loom, and his grandfather Kiichiro took Toyota from a fabric company to a car company in its second generation. What a transformation and such resolve! Here are top three insights from that speech:

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