DISRUPTING DIGITAL BUSINESS IN THE PEER-TO-PEER ECONOMY

© 2010 -‐ 2015 Constella0on Research, Inc. All rights reserved.

TM

Disrupting Digital Business Thriving In The On Demand Economy

March 23rd, 2015

R “Ray” Wang (@rwang0)Principal Analyst & Chairman

© 2010 -‐ 2015 Constella0on Research, Inc. All rights reserved. @rwang0 2

52% of the Fortune 500 firms since 2000 are gone

© 2010 -‐ 2015 Constella0on Research, Inc. All rights reserved. © 2010 -‐ 2015 Constella0on Research, Inc. All rights reserved. 3 @rwang0

“A digital divide exists between the organiza0ons who have built digital business models and everyone else.” (2013)


Lessons Learned

© 2010 -‐ 2015 Constella0on Research, Inc. All rights reserved. 5 © 2010 -‐ 2015 Constella0on Research, Inc. All rights reserved. @rwang0

#1: Digital disrup0on is more than just a technology shiR. It’s about transforming business models and how we engage.


#2: We move from selling products and services to keeping brand promises in an aXen0on economy.


#3: New unit cost pricing models enable disrup0ve business models to thrive.


#4: Data is the founda0on of digital business. Every touch point, every click, every digital exhaust is relevant insight.


#5: If 20 % of your revenue is not an insight stream by 2020, you won’t have a digital biz model


#6: You can be the content, the network and the arms dealers. The digital winners will figure out how to ver0cally integrate all three


#7: Digital ar0sans emerge as organiza0on’s with the best math and design will dominate in a winner takes all world.


#8: People to people (P2P) democra0zes distribu0on which strips out fric0on and transac0on costs


#9: Design for customer segments of one


#10: We serve 5 genera0ons of customers & workers, by digital proficiency, not by age


“Digital Darwinism is unkind to those who wait”

@rwang0 2014


Five steps to disrupting digital business

Design new experiences and outcomes

Develop a culture of digital DNA

Apply new business models and technologies to exisAng infrastructure

Move from gut to data driven decisions

Co-‐create and co-‐innovate with new partners

5 4

3 2

1

© 2011 -‐ 2014 R Wang & Insider Associates, LLC. All rights reserved.


Thank you

R “Ray” Wang

650.918.6619 [email protected] Twitter: @rwang0 Blog: www.raywang.org

DISRUPTING DIGITAL BUSINESS IN THE PEER-TO-PEER ECONOMY

Technology

Transcript of DISRUPTING DIGITAL BUSINESS IN THE PEER-TO-PEER ECONOMY