Expert talk strategic building blocks for the digital transformation strategy
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Transcript of Expert talk strategic building blocks for the digital transformation strategy
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Strategic Building Blocks for the Digital Transformation Strategy
Enterprise 2.0 SUMMIT Paris | 4 February 2015 David Terrar | Founder & CXO Agile Elephant | @DT on Twitterinnovation | digital transformation | value creation | (r)evolution1The illiterate of the 21st century will not be those who cannot read and write, but those who cannot learn, unlearn, and relearn. Alvin TofflerAgendaAbout the new business landscapeDigital Enterprise WaveWho owns the future?The Management ShiftLeading Digital How do you transform?8 Strategic Building BlocksThe key message
Hang on - can you explain this new digital landscape? "Move bits, not atoms."
January 1995
Your business model is under threat!Necessity is the mother of inventionReinvention is the mother of necessityThe Digital Enterprise Waveride itor go under!InfrastructureConnectivityInternetWiFi3G & 4GHuman FactorsEntrepreneurshipCrowdsourcingMillennialsEconomicOutsourcingOffshoringLow cost
The Digital Enterprise Wave
The Big Shift
CloudSocialMobile
The Digital Enterprise Wave
Emerging Technologies Internet of ThingsBig Data & Analytics3D PrintingArtificial Intelligence
The Digital Enterprise WaveBusiness as Usual ThinkingPoint Social Media SolutionsSiloed CommunitiesLack of IntegrationLegacy Systems of RecordBusiness as Usual
The Digital Enterprise Wave
We need Digital ThinkingDigital and Social inside and outBusiness Model InnovationSystems of EngagementDesign ThinkingStrategySkillsStaffShared ValuesStructureSystemsStyleHard SystemsSoft SystemsIntegrates hard and soft business systems in a structured way
technology neutral
Includes employee engagement
Proven approach
Especially useful for lessons in managing major change
McKinsey 7 S Model
The Digital Enterprise Wave
The greatest danger in times of turbulence is not the turbulence it is to act with yesterdays logic.Peter Drucker
At the height of its power, the photography company Kodak employed more than 140,000 people and was worth $28 billion. They even invented the first digital camera. But today Kodak is bankrupt, and the new face of digital photography has become Instagram. When Instagram was sold to Facebook for $1 billion, it employed only 13 people. Where did all those jobs disappear? And what happened to the wealth that all those middle-class jobs created? Jaron Lanier
Leading Digital
What are the building blocks? Culture
eats Strategy for lunchLeadership
mindset, teamwork, vision, purpose, openness, sharingNo One Size Fits All
End to End SolutionStrategySkillsStaffShared ValuesStructureSystemsStyleContinuous Reinvention
Get Creative
make innovation, thinking, experimenting a natural part of your working practiceBalance Inside and Out
not just the customer experience, but employees, suppliers, stakeholders Design Thinking
The 8 Building Blocks
ReferencesNot for reading just for referencehttp://en.wikipedia.org/wiki/Nicholas_Negropontehttp://en.wikipedia.org/wiki/Being_Digitalhttp://adjuvi.com/what-is-digital-business-is-it-e-commerce-the-collaborative-economy-or-apis-yes/ http://www.jaronlanier.com/futurewebresources.htmlhttp://www.themanagementshift.com/ http://www.amazon.co.uk/Leading-Digital-Technology-Business-Transformation-ebook/dp/B00NE6MG0Y/ref=sr_1_1?s=books&ie=UTF8&qid=1416926793&sr=1-1&keywords=leading+digital http://spartinaconsulting.com/our-services/culture-leadership-values https://www.flickr.com/photos/marine_corps/6032659138 http://www.compendian.com/2014/12/do-you-provide-a-one-size-fits-all-approach http://gapingvoid.com/2011/07/28/permanent-state/ http://themindunleashed.org/2014/10/understanding-flow-eight-steps-enhancing-creativity-productivity.html http://scn.sap.com/people/community.user/blog/2008/12/31/knowledge-management-in-crm http://dschool.stanford.edu/fellowships/2013/10/23/a-design-thinkers-cheat-sheet/
David TerrarAgile Elephant | techUK | EuroCloud UK
p: +44 (0)1727 866309 m: +44 (0)7715 159423e: david@theagileelephant.com w: www.theagileelephant.com skype: david_terrartwitter: http://twittter.com/DT @DT linkedin: http://www.linkedin.com/in/davidterrar blog: http://theagileelephant.com/blog & http://medium.com/@DT
innovation | digital transformation | value creation | (r)evolution