Stanton Chase: Industrial Sector Positioned for Growth Through Digitalization

Stanton Chase released its fifth annual Global Industrial Executive Survey that covers why securing digital talent is crucial to implementing successful digitalization strategies.

• 80% of respondents believe the current economic situation is consistent with or better than last year
• 78% expressed optimism regarding growth in the coming year
• 90% of respondents stated they are engaged in the digitalization process

The industrial industry is poised for significant growth driven by digitalization initiatives, which are crucial for obtaining consistent, reliable, and in-depth information needed to meet business goals and remain competitive. Successful enterprise digitalization requires four elements:

• A strategic purpose for digitalization initiatives.
• A commitment to adopting digitalization as a company-wide priority.
• Acquiring and retaining leadership talent with proven digitalization skills.
• Understanding and evaluating the ROI of digitalization initiatives.

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