Enterprises are recognizing the importance of a purpose-led organization that incorporates environmental and social goals within the fabric of its business strategy. Our definition of enterprise purpose encompasses not only environmental and social goals but also sustainable business practices. These practices include adopting long-term profitability-oriented business models, ensuring business resilience and compliance, and implementing efficient practices that minimize waste and resource strain across the organization and ecosystem. By adopting a balanced approach that considers profit, planet, and people, businesses can create lasting impact. On the other hand, disconnecting business goals from these aspects can significantly undermine planet and people aspirations. Achieving a successful purpose-led digital transformation requires a long-term roadmap, effective governance models, and measurement techniques to achieve scaled, meaningful impact.
In this viewpoint, we explore the investment orientation of enterprises towards building a purpose-led enterprise and the role of technology in it. Enterprises looking for a structured approach to effectively implement enterprises’ purpose-led digital transformation journeys will benefit from this report.
Scope
All industries and geographies
Contents
In this report, we:
Establish a practical definition framework for enterprise purpose, guiding a viable investment strategy
Examine the current landscape for enabling enterprise purpose, identifying key opportunities and challenges
Define the role of technology and digital transformation in enabling enterprise purpose
Present a framework for developing enterprise-purpose roadmaps
