Digital Transformation and its Implications for Academia and Practice

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Transcript of Digital Transformation and its Implications for Academia and Practice

Digital Transformation& its implications for academia and

practice

Dr Elvira Bolat MIDM, FHEAebolat@bournemouth.ac.uk@Elvira_Mlady

digitalmebu.worpress.com

Increasingly our lives (social and professional), knowledge, experiences are found online

> 204 million 48000 4,000,000

Web 2.0

Digital Media Tools• Email marketing

• Google Search (SEO)• Website (& its support)

• Mobile Apps/widgets and games• Internet TV

• Hardware (PC, laptop, notebooks, mobile phones, tablets, gaming devices)

Programming Tools• Scripting languages• Source coding tools• Build tools Software Applications

• myBU• Microsoft Office• Safari/Firefox• Java• Adobe

DIM Platforms / Digital Media

3 Mediation Pathways

Source: Andal-Ancion et al., 2003. The digital transformation. MIT Sloan Management Review, (summer), p. 37.

Meaning?

So WHAT?

Meaning?

Forrester Research Group, 2015

DIGITAL TRANSFORMATION

BUSINESS LEVERAGE CHANGE OPPORTUNITIES

STRATEGY

So far …

Focus on End Product!

Applications of digital tech

Businesses’ digital presence: purposes

• Services-oriented / relationship building (e.g. British Gas, Eon)

• Brand-building (e.g. Coca-Cola, Heineken)• Transactional e-commerce (e.g. Amazon, Net-a-

Porter, Asos)• Portal or media (e.g. Google, silicon.com)• Social networking CLEARLY NOW ALL of THESE are

OVERLAPPED/INTEGRATED

from the Fortune 500 companies to start up businesses

Social Media

Top interest for all business

New Marketing DNA Model, Harrigan & Hulbert, 2011

“It’s not about doing ‘digital marketing or business’, it’s about marketing and doing

business effectively in a digital world.”

Diageo’s CEO, Ivan Menezes

Digital transformation trigger – consumption and culture

Business Digital Economy

Behaviour Legal implications

CommerceOperations

CompetitionBusiness Models

1. Hire Changelings (practice) …

... but Talent/Skills Gap (academia & practice)

Bolat, 2015: 15% of creative SMEs invest into in-house skills to deploy mobile technology

Accenture, 2016: 15% of all UK firms invest into in-house skills to deploy digital technology

... but Talent/Skills Gap (academia & practice)

... but Talent/Skills Gap (academia & practice)

1. Implications: Practice & Academia Fusion

• New curriculum design with digital skills and competencies being at heart of any discipline (business degrees in particular) or at least on optional basis (new elective modules)

• Investigating Generation C• Investigating Issues in Practice

• Look into basics – link with talent/skills gap • Invest into DTI (at least software)– Bolat (2015): • outsourcing MTI is practiced by observers;• investing into MTI software is practiced by challengers;• in-house MTI is practiced by innovators/pioneers

2. Understand technology (practice & academia)

• Research into existing practices of DTI investments

• Mapping DTI practices against business performance outcomes

• Focus on practices of deployment, not technological characteristics only

2. Implications

3. Culture

CX with User (not Customer) at heart!...

… business in mind

Bolat, 2015: culture should be treated as a multi-faceted construct when it comes to digital culture

• Research into organisation culture as a result of digital transformation has so far focused on CX only

• There is a need for integrated/mixed method studies

3. Implications

4. Strategy …

• Link to Talent Gap

….

• Business Strategy = Digital Strategy

Resources Capabilities Metrics

• Are there new business strategies emerged as a result of digital transformation?

• Role of leadership and vision is achieving KPIs

4. Implications

Keep on your list!

1. Digital Talent2. Technology deployment practices3. Digital Business Culture4. Digital Strategy