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Even though there is enormous potential in data analysis, many companies do not fully exhaust all of available options available. The plan can succeed, though. This should, however, be approached from two sides: companies must push ahead with their digitalization as part of a data strategy while simultaneously using operational excellence to create the basis for putting data-driven decisions into practice in a way that adds value.
Targeted training and development of young and emerging leaders is crucial. It prepares these talents to tackle complex challenges, lead teams successfully, and develop a clear vision for the organization. This lays the groundwork for a seamless transfer of management responsibility, fosters innovation, and ensures long-term business success.