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Closing Keynote: "Digital Disruption: Keeping Up With A Disrupted Consumer"
- 1. Digital Disruption: Keeping Up With
A Disrupted Consumer
James L. McQuivey, Ph.D., Vice President, Principal Analyst
February 11, 2014
- 2. A day in the life of the disrupted consumer
The age of of the customer also requires
The age the customer makes it possible
for customerscreate an unprecedented
that you to get what they want, when,
where, and how they want it.
relationship with them.
You must disrupt yourselves
© 2013 Forrester Research, Inc. Reproduction Prohibited
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- 3. Digital disruptors raise the bar
› They build better product experiences
› That create stronger customer relationships
› Doing it all faster than before
Digital disruption economics require this.
permit
© 2013 Forrester Research, Inc. Reproduction Prohibited
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- 4. How digital disruption economics work
Old disruption
10 x
the innovators
Digital disruption
1/10th
the cost
100X
the power
Source: October 27, 2011, “The Disruptor’s Handbook” Forrester report
© 2013 Forrester Research, Inc. Reproduction Prohibited
4
- 5. Why marketing matters
› You hold the keys to the customer
› But you’ll have to draw on ideas
Digital disruption
from the whole customer
environment…
›
…And deploy the right digital
experiences that satisfy the right
customer.
© 2013 Forrester Research, Inc. Reproduction Prohibited
5
- 6. This is growth you may miss.
To participate, you must digitally
disrupt your customer relationship.
© 2013 Forrester Research, Inc. Reproduction Prohibited
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- 7. Can you do this?
You must have a disruptor’s:
Energy
Skills
Policies
We conducted a global survey of
executives to see if they are ready.
© 2013 Forrester Research, Inc. Reproduction Prohibited
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- 8. People see it coming but aren’t ready
for it PERCENTAGE THAT AGREE WITH EACH STATEMENT (TOP 2 BOX)
There is significant opportunity for digital
tools and experiences to change the
industry we serve
E
People in our company are excited about
the changes that digital will bring to our
company
S
People in our company have the skills
needed to adapt to the changes that digital
will bring to our company
P
Our company has policies and business
practices that will enable us to adapt to the
changes that digital will bring to our…
89%
65%
38%
32%
24%
49%
Base: 285 global executives
Source: March 5, 2013, “Assess Your Digital Disruption Readiness Now” Forrester report
Diagnose your obstacles forr.com/organizefordigital
© 2013 Forrester Research, Inc. Reproduction Prohibited
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