Michael Grebe
Managing Director & Senior Partner
Munich
Michael Grebe is a member of the Technology Advantage practice and the Technology Advantage Operating Committee at Boston Consulting Group. He has deep experience in IT and digital across industries including transforming IT functions into World Class Technology Functions and in assessing the digital maturity of companies using BCG‘s Digital Acceleration Index.
Before joining the firm, Michael trained as a banker, worked as a software developer with an engineering company, completed internships with DG Bank, Frankfurt and Deutsche Bank, London, and conducted several benchmark projects with IBM, Mainz.
Scaling digital investments more effectively results in organization-wide improvements, which can be measured in earnings, enterprise value, and customer satisfaction.
As part of a recent global digital maturity study, centered around our proprietary Digital Acceleration Index (DAI) framework, BCG surveyed ~150 companies in the Middle East, focusing on the largest companies in the GCC. Survey responses were used to identify Bionic Champions – those most digitally mature and contrast them with Laggards. This article shares key findings on how these Bionic Champions outperform by leveraging digital boosters to drive performance and resilience.
As companies face increased uncertainty and market volatility, the ability to respond effectively to ambiguity and unpredictability will be a critical advantage.
Industrial players have no time to lose. They need to catch up in digital by committing to a dramatic transformation.
What will it take to compete in the post-COVID-19 economy? A relentless focus on the outcomes that matter, new ways of working, and savvy use of digital and technology.
Companies must begin treating the department as a strategic business partner instead of a service provider—fundamentally changing their mindset.
Digital champions are expanding their lead with investments to enhance technology and IT, build their talent base, and push digital projects—including in AI—to scale.
Although the performance gap is widening between digital champions and laggards, companies can take steps to mature.
Retail banks that blend the best of the digital and physical worlds to reshape their distribution models, personalize their value propositions, and create end-to-end customer journeys can generate a 30% increase in net profit by 2020.
Companies have a choice: either transform IT to be able to work closely with business units in developing products and services or focus IT on its governance role.
