A comprehensive analysis of capital allocation on business transformation spending in the pandemic and the long-term consequences.
Prior to the COVID-19 outbreak, CEOs and other executives across industries were used to a steady increase in budgets since technology innovated their business strategies, processes, and implementation. With COVID-19, executive leadership approach to business transformation and investment decisions have seen a dramatic change.
In this 2024 issue of Tip of the Spear Ventures’ Business Transformation Leadership Study, we explore the broad trends in spending on business transformation using data from our Leadership Study conducted by our consulting firm, The Zeroing Agency. We look at the long- and short-term impact of COVID-19’s and COVD-19 legislation on business transformation budgets and investment as well as what the habits of spending are for leaders, businesses who are technologically superior than their competitors. We also rethink traditional spending patterns for business transformation and capital allocation.
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