SlideShare a Scribd company logo
1 of 19
1
Bridging The CIO Bandwidth Gap
Sumit Bhattacharya @ The CIO Klub Pune
2nd July 2016
2
Every Company Today is a
TECHNOLOGY Company
10
The Simplest Fact in The World
3
National
Sugar Refining
GROUP [A] GROUP [B] GROUP [C]
Among Fortune 500 in 2014,
but not 1955
Among Fortune 500 in 1955,
but not in 2014
Among Fortune 500 in both
1955 & 2014
DROPOUTS SURVIVORS ENTRANTS
What Do the Enterprises in Groups A, B & C Don’t Have in Common?
4
AverageAgeofCompanyatdeath
Average expectancy of a Fortune 500 company has
declined from around 75 years half a century ago to less
than 15 years today, and heading towards 5 years
Source : American Enterprise Institute (AEI), 2014
Meanwhile, startups are achieving multi billion dollar valuations in less than the average
tenure of a Fortune 500 CEO (4.6 years)
The Slippery Lifespan Slope of Fortune 500 Companies
5
And Provide a Remarkable Opportunity
You have to Respond, React, Re-think & Re-skill
Digital Maturity Equals
According to Accenture and MIT, Higher Levels
Profitability
26%
Growth
9%
Market Valuations
9%
Digital Disruption Has or Will Impact Every Business
6 Source : MIT Sloan & Cap Gemini Research
Customer Understanding
• Analytics-based segmentation
• Socially-informed knowledge
Process Digitization
• Performance improvement
• New features
Digitally-modified business
• Product/ service augmentation
• Transitioning physical to digital
• Digital wrappers
Customer touch points
• Customer services
• Cross-channel coherence
• Self service
Performance management
• Operational transparency
• Data-driven decision-making
Digital globalization
• Enterprise Integration
• Redistribution decision authority
• Shared digital services
Top line growth
• Digitally-enhanced selling
• Predictive marketing
• Streamlined customer processes
Worker enablement
• Working anywhere anytime
• Broader & faster communication
• Community knowledge sharing
New digital business
• Digital products
• Reshaping organizational
boundaries
• Unified Data & Processes
• Analytics Capability
• Business & IT Integration
• Solution Delivery
Digital Capabilities
Customer
Experience
Operational
Process
Business
Model
Building Blocks of Digital Maturity
7
So When We Said Machines Will Soon have Human Capabilities…
You Smiled….Right?
Machine Incapable
Uniquely Human Capabilities
1. Autonomous Mobility & Fine
Motor Control
2. Language & Complex
Communication
3. Pattern matching &
unstructured problem solving
Machine Intelligence Capabilities 2016
Interacting With the Physical World
• Fine & gross motor control
• Vision & other senses
Language
• Voice Recognition
• Natural language Processing
• Creating Narratives
Problem Solving
• Answering unstructured queries
• Rule base analysis
• Pattern recognition and classification
8
Notable Disruptors 1: Say Hi to Baxter & Sawyer
BAXTER SAWYER
9
Notable Disruptors 2: The End of Email?
Helping companies replace email
500,000 people using the platform daily
Spending over 10 hours per person
Observed reduction in emails (50-80%)
Fingers Crossed !
10
Notable Disruptors 3 : Acorns –
The One-button Digital Investor
• DIY investment tool
• Simple mobile application – connects
to debit & credit cards – monitors
what is spent
• Invests the change to the nearest
dollar amount
• In a portfolio of investment products
• Users only need to select their
appetite for risk – Low, Medium or
Aggressive
11
Notable Disrupters 4 : From Agriculture to Digi-Culture
• Increased yields to feed a rapidly growing global population
• Accurate planting prescription customized for each field
• Evaluates more than 20 data layers including soil type, topography and
environment
• Identify the best seed selections and the best variable planting rates to
maximize yield
• Convergence of big data, farm management & freemium economics
• Helps farmers track and report metrics like heat accumulation, rainfall
and soil composition
• Crop health monitoring, variable seeding prescriptions, inventory
management, soil composition data and rainfall tracking made simple
• Multiple pricing models – Free standard package, Advanced monitoring
for $500 per year, and Advanced monitoring and prescriptive planning
package for $500 + $8.50 per acre of farmland
• Used by over one-third of American farms
12
Notable Disruptors 5 : Digitally Driven
Tesla S&X Sedan
13
A Flashback of The Good Old Days
14
So It Seems There’s A New BAU
Business As Unusual
15
Why Is it Business As Unusual?
• Digital Convergence and Disruptive Technologies are creating a Business As
Unusual reality in buyer behaviour, transactions and expectations
• For business enterprises the New BAU is either an Opportunity or a Threat
• For most CIOs the pressure to rapidly align to the New BAU is an additional
challenge to their Old BAU tasks and responsibilities
• This is especially true in mid-market enterprises where the availability of
adequate IT resources, budgets and skill-sets can create serious constraints
16
The New BAU : The Multi-hatted CIO’s Multi-Pressure Points
DIGITAL DISRUPTER CIO HAT
IoT
Chief Community Officer
Chief Device Officer
Chief Intelligence Officer
Chief Capacity Officer
Chief Appliance Officer
ENTERPRISE PRESSURE POINTS
SOCIAL MEDIA
MOBILITY & BYOD
ANALYTICS
CLOUD
BUSINESS GOAL ENABLEMENT
• Top & Bottom Line Growth
• Customer Experience Enhancement
• Accelerate Time-2-Market
MANAGE IT CHALLENGES
• Increase Infrastructure Agility
• Reduce Cost-2-Serve
• Reduce IT Cost
CIO HAT
Chief Community Officer
17
Assess and select the right
DIGITAL PLATFORM
Design and execute the plan for
building TALENT PLATFORM
Digital Strategy drives digital maturity. Put in place a
central ARCHITECTURE to determine ownership,
accessibility, compliance, privacy, security, and
other risks
Deploy the right next generation PLATFORM tools
and seamlessly integrate them with the legacy
systems. Digital platforms are developed with an
eye on transforming the business
Smart digital organizations build skills to realize
the strategy. Consider customers, citizens, vendors
and partners as extensions (and digital
accelerators) of the talent platform
Define & Implement an enterprise
wide DIGITAL STRATEGY
Digital Disruption’s 3-Step Tango
18
The End Note
19
Thank you
https://www.linkedin.com/in/sumit-bhattacharya-a026b016
www.twitter.com/hclsumitb
sumitbhattacharya@hcl.com

More Related Content

What's hot

Intuit QuickBooks Future of Small Business Report
Intuit QuickBooks Future of Small Business ReportIntuit QuickBooks Future of Small Business Report
Intuit QuickBooks Future of Small Business ReportIntuit Inc.
 
Simpler, Clearer, Faster Government Services
Simpler, Clearer, Faster Government ServicesSimpler, Clearer, Faster Government Services
Simpler, Clearer, Faster Government ServicesThoughtworks
 
Digital transformation
Digital transformation Digital transformation
Digital transformation MongoDB
 
How are Millennials affecting Organizations
How are Millennials affecting OrganizationsHow are Millennials affecting Organizations
How are Millennials affecting OrganizationsSage Software Solutions
 
Software Needs a New Mission, Helping Small Businesses Thrive | Toby Scammel
Software Needs a New Mission, Helping Small Businesses Thrive | Toby ScammelSoftware Needs a New Mission, Helping Small Businesses Thrive | Toby Scammel
Software Needs a New Mission, Helping Small Businesses Thrive | Toby ScammelHarvey Swenson
 
The Role of Experience Design in Digital Transformation
The Role of Experience Design in Digital TransformationThe Role of Experience Design in Digital Transformation
The Role of Experience Design in Digital TransformationDesignit
 
Brilliant Digital Talk : Demystifying Digital Disruption
Brilliant Digital Talk : Demystifying Digital DisruptionBrilliant Digital Talk : Demystifying Digital Disruption
Brilliant Digital Talk : Demystifying Digital DisruptionVeltica Digital Academy
 
Financial Disruptors & their effect on Customer Service - HK
Financial Disruptors & their effect on Customer Service - HKFinancial Disruptors & their effect on Customer Service - HK
Financial Disruptors & their effect on Customer Service - HKLiron Golan
 
IBM BusinessConnect '13 Brussels smarter workforce pov
IBM BusinessConnect '13 Brussels smarter workforce povIBM BusinessConnect '13 Brussels smarter workforce pov
IBM BusinessConnect '13 Brussels smarter workforce povLaurent Boes
 
Who will be taking decisions in the boardroom of the future?
Who will be taking decisions in the boardroom of the future?Who will be taking decisions in the boardroom of the future?
Who will be taking decisions in the boardroom of the future?Omobono
 
[Report] The Rise of Digital Influence, by Brian Solis
[Report] The Rise of Digital Influence, by Brian Solis[Report] The Rise of Digital Influence, by Brian Solis
[Report] The Rise of Digital Influence, by Brian SolisAltimeter, a Prophet Company
 
The Future by Figures
The Future by FiguresThe Future by Figures
The Future by FiguresEconsultancy
 
M-commerce innovation sample deck
M-commerce innovation sample deckM-commerce innovation sample deck
M-commerce innovation sample deckEconsultancy
 
Technologies Impact On The Fitness Industry - Bryan O'Rourke
Technologies Impact On The Fitness Industry - Bryan O'RourkeTechnologies Impact On The Fitness Industry - Bryan O'Rourke
Technologies Impact On The Fitness Industry - Bryan O'RourkeBryan K. O'Rourke
 
WTF - What's The Future Impact of Disruptive Technology on Communications?
WTF - What's The Future Impact of Disruptive Technology on Communications?WTF - What's The Future Impact of Disruptive Technology on Communications?
WTF - What's The Future Impact of Disruptive Technology on Communications?Stephenie Rodriguez
 
Digital Disruption in the Workplace
Digital Disruption in the WorkplaceDigital Disruption in the Workplace
Digital Disruption in the WorkplaceCushman & Wakefield
 
Leading In The New | Harness The Power Of Disruption
Leading In The New | Harness The Power Of DisruptionLeading In The New | Harness The Power Of Disruption
Leading In The New | Harness The Power Of DisruptionAccenture Insurance
 
Cloud Computing Technology Framework
Cloud Computing Technology FrameworkCloud Computing Technology Framework
Cloud Computing Technology FrameworkBooz Allen Hamilton
 
Digital Transformation in Travel
Digital Transformation in TravelDigital Transformation in Travel
Digital Transformation in TravelHARMAN Services
 

What's hot (20)

Sharing Economy
Sharing Economy Sharing Economy
Sharing Economy
 
Intuit QuickBooks Future of Small Business Report
Intuit QuickBooks Future of Small Business ReportIntuit QuickBooks Future of Small Business Report
Intuit QuickBooks Future of Small Business Report
 
Simpler, Clearer, Faster Government Services
Simpler, Clearer, Faster Government ServicesSimpler, Clearer, Faster Government Services
Simpler, Clearer, Faster Government Services
 
Digital transformation
Digital transformation Digital transformation
Digital transformation
 
How are Millennials affecting Organizations
How are Millennials affecting OrganizationsHow are Millennials affecting Organizations
How are Millennials affecting Organizations
 
Software Needs a New Mission, Helping Small Businesses Thrive | Toby Scammel
Software Needs a New Mission, Helping Small Businesses Thrive | Toby ScammelSoftware Needs a New Mission, Helping Small Businesses Thrive | Toby Scammel
Software Needs a New Mission, Helping Small Businesses Thrive | Toby Scammel
 
The Role of Experience Design in Digital Transformation
The Role of Experience Design in Digital TransformationThe Role of Experience Design in Digital Transformation
The Role of Experience Design in Digital Transformation
 
Brilliant Digital Talk : Demystifying Digital Disruption
Brilliant Digital Talk : Demystifying Digital DisruptionBrilliant Digital Talk : Demystifying Digital Disruption
Brilliant Digital Talk : Demystifying Digital Disruption
 
Financial Disruptors & their effect on Customer Service - HK
Financial Disruptors & their effect on Customer Service - HKFinancial Disruptors & their effect on Customer Service - HK
Financial Disruptors & their effect on Customer Service - HK
 
IBM BusinessConnect '13 Brussels smarter workforce pov
IBM BusinessConnect '13 Brussels smarter workforce povIBM BusinessConnect '13 Brussels smarter workforce pov
IBM BusinessConnect '13 Brussels smarter workforce pov
 
Who will be taking decisions in the boardroom of the future?
Who will be taking decisions in the boardroom of the future?Who will be taking decisions in the boardroom of the future?
Who will be taking decisions in the boardroom of the future?
 
[Report] The Rise of Digital Influence, by Brian Solis
[Report] The Rise of Digital Influence, by Brian Solis[Report] The Rise of Digital Influence, by Brian Solis
[Report] The Rise of Digital Influence, by Brian Solis
 
The Future by Figures
The Future by FiguresThe Future by Figures
The Future by Figures
 
M-commerce innovation sample deck
M-commerce innovation sample deckM-commerce innovation sample deck
M-commerce innovation sample deck
 
Technologies Impact On The Fitness Industry - Bryan O'Rourke
Technologies Impact On The Fitness Industry - Bryan O'RourkeTechnologies Impact On The Fitness Industry - Bryan O'Rourke
Technologies Impact On The Fitness Industry - Bryan O'Rourke
 
WTF - What's The Future Impact of Disruptive Technology on Communications?
WTF - What's The Future Impact of Disruptive Technology on Communications?WTF - What's The Future Impact of Disruptive Technology on Communications?
WTF - What's The Future Impact of Disruptive Technology on Communications?
 
Digital Disruption in the Workplace
Digital Disruption in the WorkplaceDigital Disruption in the Workplace
Digital Disruption in the Workplace
 
Leading In The New | Harness The Power Of Disruption
Leading In The New | Harness The Power Of DisruptionLeading In The New | Harness The Power Of Disruption
Leading In The New | Harness The Power Of Disruption
 
Cloud Computing Technology Framework
Cloud Computing Technology FrameworkCloud Computing Technology Framework
Cloud Computing Technology Framework
 
Digital Transformation in Travel
Digital Transformation in TravelDigital Transformation in Travel
Digital Transformation in Travel
 

Viewers also liked

Overview of Customer Experience Enhancement Solutions
Overview of Customer Experience Enhancement SolutionsOverview of Customer Experience Enhancement Solutions
Overview of Customer Experience Enhancement SolutionsHCL Infosystems
 
Inflections by HCL Infosystems
Inflections by HCL InfosystemsInflections by HCL Infosystems
Inflections by HCL InfosystemsHCL Infosystems
 
Deciphering Digital Distruption - The Future Is Always Beginning Now
Deciphering Digital Distruption -  The Future Is Always Beginning Now Deciphering Digital Distruption -  The Future Is Always Beginning Now
Deciphering Digital Distruption - The Future Is Always Beginning Now HCL Infosystems
 
DX – Outshining in the New Digital Era
DX – Outshining in the New Digital EraDX – Outshining in the New Digital Era
DX – Outshining in the New Digital EraHCL Infosystems
 
summary_report_en_final
summary_report_en_finalsummary_report_en_final
summary_report_en_finalCharlotte Hung
 
Power de-aprendizaje-computacion-ubicua-y-aula-aumentada.-para-el-blog
Power de-aprendizaje-computacion-ubicua-y-aula-aumentada.-para-el-blogPower de-aprendizaje-computacion-ubicua-y-aula-aumentada.-para-el-blog
Power de-aprendizaje-computacion-ubicua-y-aula-aumentada.-para-el-blogwalter vallejos
 
Linux as an open source platform
Linux as an open source platformLinux as an open source platform
Linux as an open source platformIkhlas Rahman
 
Montevideo.pptx 22
Montevideo.pptx 22Montevideo.pptx 22
Montevideo.pptx 22nestorblz
 
Nuestro cuento
Nuestro cuentoNuestro cuento
Nuestro cuentojuditfa
 
Störungsmanagement mit 4tasks
Störungsmanagement mit 4tasksStörungsmanagement mit 4tasks
Störungsmanagement mit 4tasksSkalero 4tasks
 

Viewers also liked (20)

Overview of Customer Experience Enhancement Solutions
Overview of Customer Experience Enhancement SolutionsOverview of Customer Experience Enhancement Solutions
Overview of Customer Experience Enhancement Solutions
 
Inflections by HCL Infosystems
Inflections by HCL InfosystemsInflections by HCL Infosystems
Inflections by HCL Infosystems
 
Deciphering Digital Distruption - The Future Is Always Beginning Now
Deciphering Digital Distruption -  The Future Is Always Beginning Now Deciphering Digital Distruption -  The Future Is Always Beginning Now
Deciphering Digital Distruption - The Future Is Always Beginning Now
 
DX – Outshining in the New Digital Era
DX – Outshining in the New Digital EraDX – Outshining in the New Digital Era
DX – Outshining in the New Digital Era
 
summary_report_en_final
summary_report_en_finalsummary_report_en_final
summary_report_en_final
 
Canada's time capsule
Canada's time capsuleCanada's time capsule
Canada's time capsule
 
Sushmit_chakraborty_14
Sushmit_chakraborty_14Sushmit_chakraborty_14
Sushmit_chakraborty_14
 
Power de-aprendizaje-computacion-ubicua-y-aula-aumentada.-para-el-blog
Power de-aprendizaje-computacion-ubicua-y-aula-aumentada.-para-el-blogPower de-aprendizaje-computacion-ubicua-y-aula-aumentada.-para-el-blog
Power de-aprendizaje-computacion-ubicua-y-aula-aumentada.-para-el-blog
 
1
11
1
 
Linux as an open source platform
Linux as an open source platformLinux as an open source platform
Linux as an open source platform
 
Montevideo.pptx 22
Montevideo.pptx 22Montevideo.pptx 22
Montevideo.pptx 22
 
Ost 1 04059 89
Ost 1 04059 89Ost 1 04059 89
Ost 1 04059 89
 
Biología molecular
Biología molecularBiología molecular
Biología molecular
 
Navidad Silvia Chillagano
Navidad Silvia ChillaganoNavidad Silvia Chillagano
Navidad Silvia Chillagano
 
Feuern Sie Ihren Social Media Berater - Manuskript
Feuern Sie Ihren Social Media Berater - ManuskriptFeuern Sie Ihren Social Media Berater - Manuskript
Feuern Sie Ihren Social Media Berater - Manuskript
 
Nuestro cuento
Nuestro cuentoNuestro cuento
Nuestro cuento
 
Binder2
Binder2Binder2
Binder2
 
Störungsmanagement mit 4tasks
Störungsmanagement mit 4tasksStörungsmanagement mit 4tasks
Störungsmanagement mit 4tasks
 
Wiki!
Wiki!Wiki!
Wiki!
 
Examen martinez ruth
Examen martinez ruthExamen martinez ruth
Examen martinez ruth
 

Similar to Digital Disruption & Bridging the CIO Bandwidth Gap

BOARD GOVERNANCE OF TECHNOLOGY
BOARD GOVERNANCE  OF TECHNOLOGYBOARD GOVERNANCE  OF TECHNOLOGY
BOARD GOVERNANCE OF TECHNOLOGYErKamal Verma
 
Did You Know? 6.0: Change to Thrive
Did You Know? 6.0: Change to ThriveDid You Know? 6.0: Change to Thrive
Did You Know? 6.0: Change to ThriveXPLANE
 
Grib mulighederne med seneste IT trends- få Microsoft overblikket og nyhederne
Grib mulighederne med seneste IT trends- få Microsoft overblikket og nyhederneGrib mulighederne med seneste IT trends- få Microsoft overblikket og nyhederne
Grib mulighederne med seneste IT trends- få Microsoft overblikket og nyhederneMicrosoft
 
Ver 1.10 the venture capital ecosystem feb 2015
Ver 1.10   the venture capital ecosystem feb 2015Ver 1.10   the venture capital ecosystem feb 2015
Ver 1.10 the venture capital ecosystem feb 2015Andrew Waitman
 
D14 - Inspiring Digital Business - Fintech Studio Sessions
D14 - Inspiring Digital Business - Fintech Studio Sessions D14 - Inspiring Digital Business - Fintech Studio Sessions
D14 - Inspiring Digital Business - Fintech Studio Sessions Interactive Scotland
 
Global CIO Banking Summit - Workshop Cultural Changes to Survive Digital Disr...
Global CIO Banking Summit - Workshop Cultural Changes to Survive Digital Disr...Global CIO Banking Summit - Workshop Cultural Changes to Survive Digital Disr...
Global CIO Banking Summit - Workshop Cultural Changes to Survive Digital Disr...Jeremy Brown
 
Where does innovation grow?
Where does innovation grow?Where does innovation grow?
Where does innovation grow?Jonah Burlingame
 
Bitspiration 2015 Presentation for Entrepreneurs
Bitspiration 2015 Presentation for EntrepreneursBitspiration 2015 Presentation for Entrepreneurs
Bitspiration 2015 Presentation for EntrepreneursPeter Szymanski
 
Agile Mumbai 2022 - Surajit Roy | Keynote - AI for Business Agility
Agile Mumbai 2022 - Surajit Roy | Keynote - AI for Business AgilityAgile Mumbai 2022 - Surajit Roy | Keynote - AI for Business Agility
Agile Mumbai 2022 - Surajit Roy | Keynote - AI for Business AgilityAgileNetwork
 
GESR "Take your innovation to the market "event "GESR"
GESR "Take your innovation to the market "event "GESR"GESR "Take your innovation to the market "event "GESR"
GESR "Take your innovation to the market "event "GESR"GESREGYPT
 
The Implications of Digital Disruption on Boards
The Implications of Digital Disruption on BoardsThe Implications of Digital Disruption on Boards
The Implications of Digital Disruption on BoardsColvin Consulting Group
 
DIGITAL LEADERSHIP: An interview with Saul Klein Partner with Index Ventures
DIGITAL LEADERSHIP: An interview with Saul Klein Partner with Index VenturesDIGITAL LEADERSHIP: An interview with Saul Klein Partner with Index Ventures
DIGITAL LEADERSHIP: An interview with Saul Klein Partner with Index VenturesCapgemini
 
Top ten newsletter 2013 from McKinsey & Company .The Best Large Consulting Co...
Top ten newsletter 2013 from McKinsey & Company .The Best Large Consulting Co...Top ten newsletter 2013 from McKinsey & Company .The Best Large Consulting Co...
Top ten newsletter 2013 from McKinsey & Company .The Best Large Consulting Co...Franco Ferrario
 
ITNOW magazine: June 2014 (sample)
ITNOW magazine: June 2014 (sample)ITNOW magazine: June 2014 (sample)
ITNOW magazine: June 2014 (sample)BCS-IT
 
MACPA Spring 2016 Professional Issues Update - Business & Industry Edition
MACPA Spring 2016 Professional Issues Update - Business & Industry EditionMACPA Spring 2016 Professional Issues Update - Business & Industry Edition
MACPA Spring 2016 Professional Issues Update - Business & Industry EditionTom Hood, CPA,CITP,CGMA
 
The Evolution of the Intranet: Why Collaborative Intranets are More Critical ...
The Evolution of the Intranet: Why Collaborative Intranets are More Critical ...The Evolution of the Intranet: Why Collaborative Intranets are More Critical ...
The Evolution of the Intranet: Why Collaborative Intranets are More Critical ...C5 Insight
 

Similar to Digital Disruption & Bridging the CIO Bandwidth Gap (20)

Digital Leaders Bootcamp Session 1
Digital Leaders Bootcamp Session 1Digital Leaders Bootcamp Session 1
Digital Leaders Bootcamp Session 1
 
BOARD GOVERNANCE OF TECHNOLOGY
BOARD GOVERNANCE  OF TECHNOLOGYBOARD GOVERNANCE  OF TECHNOLOGY
BOARD GOVERNANCE OF TECHNOLOGY
 
Did You Know? 6.0: Change to Thrive
Did You Know? 6.0: Change to ThriveDid You Know? 6.0: Change to Thrive
Did You Know? 6.0: Change to Thrive
 
Grib mulighederne med seneste IT trends- få Microsoft overblikket og nyhederne
Grib mulighederne med seneste IT trends- få Microsoft overblikket og nyhederneGrib mulighederne med seneste IT trends- få Microsoft overblikket og nyhederne
Grib mulighederne med seneste IT trends- få Microsoft overblikket og nyhederne
 
Ver 1.10 the venture capital ecosystem feb 2015
Ver 1.10   the venture capital ecosystem feb 2015Ver 1.10   the venture capital ecosystem feb 2015
Ver 1.10 the venture capital ecosystem feb 2015
 
D14 - Inspiring Digital Business - Fintech Studio Sessions
D14 - Inspiring Digital Business - Fintech Studio Sessions D14 - Inspiring Digital Business - Fintech Studio Sessions
D14 - Inspiring Digital Business - Fintech Studio Sessions
 
Global CIO Banking Summit - Workshop Cultural Changes to Survive Digital Disr...
Global CIO Banking Summit - Workshop Cultural Changes to Survive Digital Disr...Global CIO Banking Summit - Workshop Cultural Changes to Survive Digital Disr...
Global CIO Banking Summit - Workshop Cultural Changes to Survive Digital Disr...
 
Where does innovation grow?
Where does innovation grow?Where does innovation grow?
Where does innovation grow?
 
Bitspiration 2015 Presentation for Entrepreneurs
Bitspiration 2015 Presentation for EntrepreneursBitspiration 2015 Presentation for Entrepreneurs
Bitspiration 2015 Presentation for Entrepreneurs
 
The Future Ready CPA Firm
The Future Ready CPA FirmThe Future Ready CPA Firm
The Future Ready CPA Firm
 
Lean at itp 3.24.2015
Lean at itp 3.24.2015 Lean at itp 3.24.2015
Lean at itp 3.24.2015
 
Agile Mumbai 2022 - Surajit Roy | Keynote - AI for Business Agility
Agile Mumbai 2022 - Surajit Roy | Keynote - AI for Business AgilityAgile Mumbai 2022 - Surajit Roy | Keynote - AI for Business Agility
Agile Mumbai 2022 - Surajit Roy | Keynote - AI for Business Agility
 
GESR "Take your innovation to the market "event "GESR"
GESR "Take your innovation to the market "event "GESR"GESR "Take your innovation to the market "event "GESR"
GESR "Take your innovation to the market "event "GESR"
 
The Perfect Storm
The Perfect StormThe Perfect Storm
The Perfect Storm
 
The Implications of Digital Disruption on Boards
The Implications of Digital Disruption on BoardsThe Implications of Digital Disruption on Boards
The Implications of Digital Disruption on Boards
 
DIGITAL LEADERSHIP: An interview with Saul Klein Partner with Index Ventures
DIGITAL LEADERSHIP: An interview with Saul Klein Partner with Index VenturesDIGITAL LEADERSHIP: An interview with Saul Klein Partner with Index Ventures
DIGITAL LEADERSHIP: An interview with Saul Klein Partner with Index Ventures
 
Top ten newsletter 2013 from McKinsey & Company .The Best Large Consulting Co...
Top ten newsletter 2013 from McKinsey & Company .The Best Large Consulting Co...Top ten newsletter 2013 from McKinsey & Company .The Best Large Consulting Co...
Top ten newsletter 2013 from McKinsey & Company .The Best Large Consulting Co...
 
ITNOW magazine: June 2014 (sample)
ITNOW magazine: June 2014 (sample)ITNOW magazine: June 2014 (sample)
ITNOW magazine: June 2014 (sample)
 
MACPA Spring 2016 Professional Issues Update - Business & Industry Edition
MACPA Spring 2016 Professional Issues Update - Business & Industry EditionMACPA Spring 2016 Professional Issues Update - Business & Industry Edition
MACPA Spring 2016 Professional Issues Update - Business & Industry Edition
 
The Evolution of the Intranet: Why Collaborative Intranets are More Critical ...
The Evolution of the Intranet: Why Collaborative Intranets are More Critical ...The Evolution of the Intranet: Why Collaborative Intranets are More Critical ...
The Evolution of the Intranet: Why Collaborative Intranets are More Critical ...
 

Recently uploaded

LPC Operations Review PowerPoint | Operations Review
LPC Operations Review PowerPoint | Operations ReviewLPC Operations Review PowerPoint | Operations Review
LPC Operations Review PowerPoint | Operations Reviewthomas851723
 
VIP Kolkata Call Girl Rajarhat 👉 8250192130 Available With Room
VIP Kolkata Call Girl Rajarhat 👉 8250192130  Available With RoomVIP Kolkata Call Girl Rajarhat 👉 8250192130  Available With Room
VIP Kolkata Call Girl Rajarhat 👉 8250192130 Available With Roomdivyansh0kumar0
 
Unlocking Productivity and Personal Growth through the Importance-Urgency Matrix
Unlocking Productivity and Personal Growth through the Importance-Urgency MatrixUnlocking Productivity and Personal Growth through the Importance-Urgency Matrix
Unlocking Productivity and Personal Growth through the Importance-Urgency MatrixCIToolkit
 
ANIn Gurugram April 2024 |Can Agile and AI work together? by Pramodkumar Shri...
ANIn Gurugram April 2024 |Can Agile and AI work together? by Pramodkumar Shri...ANIn Gurugram April 2024 |Can Agile and AI work together? by Pramodkumar Shri...
ANIn Gurugram April 2024 |Can Agile and AI work together? by Pramodkumar Shri...AgileNetwork
 
LPC Warehouse Management System For Clients In The Business Sector
LPC Warehouse Management System For Clients In The Business SectorLPC Warehouse Management System For Clients In The Business Sector
LPC Warehouse Management System For Clients In The Business Sectorthomas851723
 
Board Diversity Initiaive Launch Presentation
Board Diversity Initiaive Launch PresentationBoard Diversity Initiaive Launch Presentation
Board Diversity Initiaive Launch Presentationcraig524401
 
Simplifying Complexity: How the Four-Field Matrix Reshapes Thinking
Simplifying Complexity: How the Four-Field Matrix Reshapes ThinkingSimplifying Complexity: How the Four-Field Matrix Reshapes Thinking
Simplifying Complexity: How the Four-Field Matrix Reshapes ThinkingCIToolkit
 
Introduction to LPC - Facility Design And Re-Engineering
Introduction to LPC - Facility Design And Re-EngineeringIntroduction to LPC - Facility Design And Re-Engineering
Introduction to LPC - Facility Design And Re-Engineeringthomas851723
 
Fifteenth Finance Commission Presentation
Fifteenth Finance Commission PresentationFifteenth Finance Commission Presentation
Fifteenth Finance Commission Presentationmintusiprd
 
Pooja Mehta 9167673311, Trusted Call Girls In NAVI MUMBAI Cash On Payment , V...
Pooja Mehta 9167673311, Trusted Call Girls In NAVI MUMBAI Cash On Payment , V...Pooja Mehta 9167673311, Trusted Call Girls In NAVI MUMBAI Cash On Payment , V...
Pooja Mehta 9167673311, Trusted Call Girls In NAVI MUMBAI Cash On Payment , V...Pooja Nehwal
 
Reflecting, turning experience into insight
Reflecting, turning experience into insightReflecting, turning experience into insight
Reflecting, turning experience into insightWayne Abrahams
 

Recently uploaded (13)

LPC Operations Review PowerPoint | Operations Review
LPC Operations Review PowerPoint | Operations ReviewLPC Operations Review PowerPoint | Operations Review
LPC Operations Review PowerPoint | Operations Review
 
VIP Kolkata Call Girl Rajarhat 👉 8250192130 Available With Room
VIP Kolkata Call Girl Rajarhat 👉 8250192130  Available With RoomVIP Kolkata Call Girl Rajarhat 👉 8250192130  Available With Room
VIP Kolkata Call Girl Rajarhat 👉 8250192130 Available With Room
 
Unlocking Productivity and Personal Growth through the Importance-Urgency Matrix
Unlocking Productivity and Personal Growth through the Importance-Urgency MatrixUnlocking Productivity and Personal Growth through the Importance-Urgency Matrix
Unlocking Productivity and Personal Growth through the Importance-Urgency Matrix
 
ANIn Gurugram April 2024 |Can Agile and AI work together? by Pramodkumar Shri...
ANIn Gurugram April 2024 |Can Agile and AI work together? by Pramodkumar Shri...ANIn Gurugram April 2024 |Can Agile and AI work together? by Pramodkumar Shri...
ANIn Gurugram April 2024 |Can Agile and AI work together? by Pramodkumar Shri...
 
LPC Warehouse Management System For Clients In The Business Sector
LPC Warehouse Management System For Clients In The Business SectorLPC Warehouse Management System For Clients In The Business Sector
LPC Warehouse Management System For Clients In The Business Sector
 
Board Diversity Initiaive Launch Presentation
Board Diversity Initiaive Launch PresentationBoard Diversity Initiaive Launch Presentation
Board Diversity Initiaive Launch Presentation
 
Simplifying Complexity: How the Four-Field Matrix Reshapes Thinking
Simplifying Complexity: How the Four-Field Matrix Reshapes ThinkingSimplifying Complexity: How the Four-Field Matrix Reshapes Thinking
Simplifying Complexity: How the Four-Field Matrix Reshapes Thinking
 
Introduction to LPC - Facility Design And Re-Engineering
Introduction to LPC - Facility Design And Re-EngineeringIntroduction to LPC - Facility Design And Re-Engineering
Introduction to LPC - Facility Design And Re-Engineering
 
Fifteenth Finance Commission Presentation
Fifteenth Finance Commission PresentationFifteenth Finance Commission Presentation
Fifteenth Finance Commission Presentation
 
sauth delhi call girls in Defence Colony🔝 9953056974 🔝 escort Service
sauth delhi call girls in Defence Colony🔝 9953056974 🔝 escort Servicesauth delhi call girls in Defence Colony🔝 9953056974 🔝 escort Service
sauth delhi call girls in Defence Colony🔝 9953056974 🔝 escort Service
 
Pooja Mehta 9167673311, Trusted Call Girls In NAVI MUMBAI Cash On Payment , V...
Pooja Mehta 9167673311, Trusted Call Girls In NAVI MUMBAI Cash On Payment , V...Pooja Mehta 9167673311, Trusted Call Girls In NAVI MUMBAI Cash On Payment , V...
Pooja Mehta 9167673311, Trusted Call Girls In NAVI MUMBAI Cash On Payment , V...
 
Call Girls Service Tilak Nagar @9999965857 Delhi 🫦 No Advance VVIP 🍎 SERVICE
Call Girls Service Tilak Nagar @9999965857 Delhi 🫦 No Advance  VVIP 🍎 SERVICECall Girls Service Tilak Nagar @9999965857 Delhi 🫦 No Advance  VVIP 🍎 SERVICE
Call Girls Service Tilak Nagar @9999965857 Delhi 🫦 No Advance VVIP 🍎 SERVICE
 
Reflecting, turning experience into insight
Reflecting, turning experience into insightReflecting, turning experience into insight
Reflecting, turning experience into insight
 

Digital Disruption & Bridging the CIO Bandwidth Gap

  • 1. 1 Bridging The CIO Bandwidth Gap Sumit Bhattacharya @ The CIO Klub Pune 2nd July 2016
  • 2. 2 Every Company Today is a TECHNOLOGY Company 10 The Simplest Fact in The World
  • 3. 3 National Sugar Refining GROUP [A] GROUP [B] GROUP [C] Among Fortune 500 in 2014, but not 1955 Among Fortune 500 in 1955, but not in 2014 Among Fortune 500 in both 1955 & 2014 DROPOUTS SURVIVORS ENTRANTS What Do the Enterprises in Groups A, B & C Don’t Have in Common?
  • 4. 4 AverageAgeofCompanyatdeath Average expectancy of a Fortune 500 company has declined from around 75 years half a century ago to less than 15 years today, and heading towards 5 years Source : American Enterprise Institute (AEI), 2014 Meanwhile, startups are achieving multi billion dollar valuations in less than the average tenure of a Fortune 500 CEO (4.6 years) The Slippery Lifespan Slope of Fortune 500 Companies
  • 5. 5 And Provide a Remarkable Opportunity You have to Respond, React, Re-think & Re-skill Digital Maturity Equals According to Accenture and MIT, Higher Levels Profitability 26% Growth 9% Market Valuations 9% Digital Disruption Has or Will Impact Every Business
  • 6. 6 Source : MIT Sloan & Cap Gemini Research Customer Understanding • Analytics-based segmentation • Socially-informed knowledge Process Digitization • Performance improvement • New features Digitally-modified business • Product/ service augmentation • Transitioning physical to digital • Digital wrappers Customer touch points • Customer services • Cross-channel coherence • Self service Performance management • Operational transparency • Data-driven decision-making Digital globalization • Enterprise Integration • Redistribution decision authority • Shared digital services Top line growth • Digitally-enhanced selling • Predictive marketing • Streamlined customer processes Worker enablement • Working anywhere anytime • Broader & faster communication • Community knowledge sharing New digital business • Digital products • Reshaping organizational boundaries • Unified Data & Processes • Analytics Capability • Business & IT Integration • Solution Delivery Digital Capabilities Customer Experience Operational Process Business Model Building Blocks of Digital Maturity
  • 7. 7 So When We Said Machines Will Soon have Human Capabilities… You Smiled….Right? Machine Incapable Uniquely Human Capabilities 1. Autonomous Mobility & Fine Motor Control 2. Language & Complex Communication 3. Pattern matching & unstructured problem solving Machine Intelligence Capabilities 2016 Interacting With the Physical World • Fine & gross motor control • Vision & other senses Language • Voice Recognition • Natural language Processing • Creating Narratives Problem Solving • Answering unstructured queries • Rule base analysis • Pattern recognition and classification
  • 8. 8 Notable Disruptors 1: Say Hi to Baxter & Sawyer BAXTER SAWYER
  • 9. 9 Notable Disruptors 2: The End of Email? Helping companies replace email 500,000 people using the platform daily Spending over 10 hours per person Observed reduction in emails (50-80%) Fingers Crossed !
  • 10. 10 Notable Disruptors 3 : Acorns – The One-button Digital Investor • DIY investment tool • Simple mobile application – connects to debit & credit cards – monitors what is spent • Invests the change to the nearest dollar amount • In a portfolio of investment products • Users only need to select their appetite for risk – Low, Medium or Aggressive
  • 11. 11 Notable Disrupters 4 : From Agriculture to Digi-Culture • Increased yields to feed a rapidly growing global population • Accurate planting prescription customized for each field • Evaluates more than 20 data layers including soil type, topography and environment • Identify the best seed selections and the best variable planting rates to maximize yield • Convergence of big data, farm management & freemium economics • Helps farmers track and report metrics like heat accumulation, rainfall and soil composition • Crop health monitoring, variable seeding prescriptions, inventory management, soil composition data and rainfall tracking made simple • Multiple pricing models – Free standard package, Advanced monitoring for $500 per year, and Advanced monitoring and prescriptive planning package for $500 + $8.50 per acre of farmland • Used by over one-third of American farms
  • 12. 12 Notable Disruptors 5 : Digitally Driven Tesla S&X Sedan
  • 13. 13 A Flashback of The Good Old Days
  • 14. 14 So It Seems There’s A New BAU Business As Unusual
  • 15. 15 Why Is it Business As Unusual? • Digital Convergence and Disruptive Technologies are creating a Business As Unusual reality in buyer behaviour, transactions and expectations • For business enterprises the New BAU is either an Opportunity or a Threat • For most CIOs the pressure to rapidly align to the New BAU is an additional challenge to their Old BAU tasks and responsibilities • This is especially true in mid-market enterprises where the availability of adequate IT resources, budgets and skill-sets can create serious constraints
  • 16. 16 The New BAU : The Multi-hatted CIO’s Multi-Pressure Points DIGITAL DISRUPTER CIO HAT IoT Chief Community Officer Chief Device Officer Chief Intelligence Officer Chief Capacity Officer Chief Appliance Officer ENTERPRISE PRESSURE POINTS SOCIAL MEDIA MOBILITY & BYOD ANALYTICS CLOUD BUSINESS GOAL ENABLEMENT • Top & Bottom Line Growth • Customer Experience Enhancement • Accelerate Time-2-Market MANAGE IT CHALLENGES • Increase Infrastructure Agility • Reduce Cost-2-Serve • Reduce IT Cost CIO HAT Chief Community Officer
  • 17. 17 Assess and select the right DIGITAL PLATFORM Design and execute the plan for building TALENT PLATFORM Digital Strategy drives digital maturity. Put in place a central ARCHITECTURE to determine ownership, accessibility, compliance, privacy, security, and other risks Deploy the right next generation PLATFORM tools and seamlessly integrate them with the legacy systems. Digital platforms are developed with an eye on transforming the business Smart digital organizations build skills to realize the strategy. Consider customers, citizens, vendors and partners as extensions (and digital accelerators) of the talent platform Define & Implement an enterprise wide DIGITAL STRATEGY Digital Disruption’s 3-Step Tango

Editor's Notes

  1. Group A - American Motors, Studebaker, Detroit Steel, Maytag and National Sugar Refining Group B - Boeing, Campbell Soup, Deere, IBM and Whirlpool. Group C - Cisco, eBay, McDonald’s, Microsoft and Yahoo. All the companies in Group A were in the Fortune 500 in 1955, but not in 2011. All the companies in Group B were in the Fortune 500 in both 1955 and 2011. All the companies in Group C were in the Fortune 500 in 2011, but not 1955.
  2. Respond- You are willing to change and invent the new   React - Companies that avoid risk-taking are unlikely to thrive and likely to lose talent. As employees across all age groups want to work for businesses committed to digital progress.   Re-Think - It is the strategy and not technology that drives digital Transformation   Re-Skill - Maturing digital organizations build skills to realize the strategy.   Digital maturing organizations are able to generate more profits. Digital agenda is led from the top. That is what you see from the numbers here.
  3. Capgemini and MITSloan discovered that digital transformation is unfolding in three key areas: 1) customer experience, 2) operational processes and 3) business models. he study also identified nine elements that defined each of the three pillars. Successful enterprises pursuing digital transformation incorporate several elements, in their own way, as the building blocks for technology, process, and business model investments.