Biopharmaceutical companies stand to benefit from digital transformation, particularly by using artificial intelligence to analyze and apply manufacturing and supply chain data, write experts from Deloitte. "The ability to adjust processes and track medications in real time will allow biopharma companies to manage their supply, quality, safety, security and costs, resulting in more intelligent manufacturing and supply chain decision-making," they write.

A report from Deloitte suggests that medical device companies should partner with consumer technology firms to drive innovation as data from devices continues to become more valuable. Rather than making small improvements to their products, medical device companies should aim to use transformative and cognitive technologies to enhance devices and offer services, the report says.

Traditional methods of measuring retail performance and success don't hold up as the industry continues to change rapidly, and new standards are needed to show the true picture, NRF President and CEO Matthew Shay said. Deloitte has proposed a new set of retail benchmarks focused on measuring and reporting the ways retailers create value for both customers and shareholders.

Asking questions of leaders and staying open to new challenges can help women executives advance in a corporate workplace, writes Rebecca Maitland. Houston executives Kimberly McKay, managing partner of BKD, and Melinda Yee, a partner with Deloitte & Touche, explain how women can positively impact the corporate world with the right approach.