This document discusses the ongoing digital disruption that is transforming industries and the need for companies to undergo a digital transformation. It emphasizes that digital disruption will impact all industries by 2020 and the average lifespan of companies on the S&P 500 is decreasing. The document provides advice on how companies can transform, including developing a 2020 vision for how digital will change the business, establishing different models for incremental, strategic, and breakthrough innovation, and ensuring digital leadership from the CEO and board level on down. It stresses the importance of focusing on solving customer problems rather than just having good ideas.