This report by IBM showcases leadership in the era of data and AI everywhere as data has become inextricably entwined with trust, changing the value equation. commanding data and trust helps gain a competitive advantage in organisations respective industries.
More than 13,000 C-suite executives worldwide participated in this, the 20th edition of our C-suite Study. We asked executives about their plans to extract value from data and turn it into differentiating advantage and their progress in these pursuits. To identify the leaders, we classified every organisation into one of four distinct stages on the data journey. The most advanced, the Torchbearers are an elite group, comprising 9 percent of the total respondents. The Torchbearers outperform their peers in revenue growth and profitability. They also outshine others in innovation and managing change.
We learned that data-driven leadership is determined by the levels of trust an organisation can create - among its customers, the people inside the enterprise, and the partners across its ecosystems.