Influence of Technology Gains Wide Acceptance

IT broadly seen as competitive differentiator in new executive survey from Bain & Company

Global Supply Chains a Challenge

  • Sixty percent of executives felt their IT is completely aligned to their business strategy.

  • While one in two executives said their companies usually cut costs when they need to increase profits, 86 percent agreed that innovation is more important than cost reduction for long-term success.

  • Sixty-eight percent of executives agreed that excessive complexity is raising their costs and hindering their growth.

  • One in two executives agreed that new laws on corporate governance are raising costs without improving governance.

  • Only 42 percent of executives agreed that their companies have the capability to effectively manage a global supply chain — though that number increases to 60 percent when asked of executives of large companies.

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