SlideShare a Scribd company logo
1 of 39
Download to read offline
Agility
Meets
Simplicity
1
Meet Our Team
Taylor Demars
Supply Chain
Keith Olsen
Economics
Mallory Reese
Marketing
Rushton Hiltbrand
Finance
Jordan Sale
Strategy
2
Agenda
Background & Problem
Solution
Market Implementation
Cost/Benefit Analysis
Conclusion
1
2
3
4
5
3
Executive Summary
Situation
The Commercial (B2B) PC Services market is fast-paced and
those who do not quickly innovate become obsolete. As they
age, millennials are rapidly taking over key decision-making
roles. These new leaders come with different priorities and
preferences than those of their predecessors. HP must adapt
both their products and services, as well as the way they interact
with businesses to meet the needs of this new generation of IT
decision-makers.
Complication
HP has consistently been a top choice for enterprise IT solutions.
Its innovative DaaS Cycle fits the specific demands of modern
businesses. However, its full potential is not being recognized by
millennial IT decision makers. HP must develop a novel strategy
to capture the profitability that the DaaS cycle offers in the B2B
market and to differentiate from competitors who may copy the
service.
Resolution
When the agility of DaaS meets simplicity, HP will begin to
realize the full potential of this market-disrupting service.
Through simplicity online, simplicity in sales, and simplicity in
values, HP will effectively differentiate itself and become the
brand of choice for millennial IT decision makers.
4
Background &
Problem
5
Agility is essential
Scalable with growth
Adapts with innovation
Allows for customization
Modern Industry Needs
In an industry where last year’s “cutting edge” soon becomes obsolete, HP
must constantly reinvent itself. Agility is necessary to compete.
6See Appendix I
Simplicity is key
Instant Service
Authentic Interaction
Shared Values
Millennial IT Wants: Meet Chris
When it comes to technology, millennials are faced with more options
than ever before. They will adopt technologies that make their life easier,
simpler and more productive, and ignore those that don’t. 2
See Appendix I 7
8
MECE Analysis: How should HP move forward?
Change services
portfolio
Change
Perception
? ?
Change Services Portfolio?
DaaS Satisfies Industry Needs
Scalability with growth
Adapts with
innovation
Allows for
customization
See Appendix IV
9
10
MECE Analysis: How should HP move forward?
Change services
portfolio
Change
Perception
See Appendix II
Simplicity is Key
Instant Service
Authentic Interaction
Shared Values
DaaS vs. Millennial Wants
Millennial IT decision makers are looking for simplicity in researching,
purchasing, and using products. The lack of simplicity in the following
millennial wants will prevent adoption by millennial ITs.
11
Solution
12
Al Ries & Jack Trout
The 22 Immutable Laws of Marketing
13
“The most powerful concept
in marketing is owning a word
in the prospect’s mind.”
See Appendix III
Why capture simplicity?
14
Impact
Resonate
Build
Differentiate
DaaS meets Simplicity
Instant Service:
Simplicity Online
Authentic Interactions:
Simplicity in Sales
Shared Values:
Simplicity in Sustainability
Our Solution
15
Market
Implementation
16
Simplicity Online:
Instant Service
Follow the 2-Click Rule
Use immediate engagement
Improve website experience
17See Appendix V
Leverage multimedia
Simplicity Online: Instant Service
Give Instant Feedback
18See Appendix V
Increase HP Data
DaaS Specific Sales Force
Phase 1: Online Browsing
See Appendix I
Simplicity in Sales:
Authentic Interaction
Phase 3: Purchasing Process
19See Appendix VI
Phase 2: In-depth Research
Simplicity in Sustainability: Shared Values
Outsource Disposal
HP retains DaaS data wipe
Millennial
values
DaaS data wipe
Outsource
disposal
Increase
visibility
Charitable Computer Reuse & Recycling
Increase Visibility
20
Cost/Benefit
Analysis
21
Implementation Timeline
Revamping of
website and
acquisition of
sales team
InterConnect
partnership &
initiate sales
team training
Launch new
website and
sales team in
trial region
Debug,
evaluate,
& improve
Begin scaling
to worldwide
coverage
2 month 4 months 6 months 9 months 12 months
22
Risks & Resolutions
DaaS Simplicity Risks
General DaaS Risk
● Competitors replicate
DaaS
● Website changes don’t
attract millennials
● IT buyers don’t react to
sales force
● Partnership isn’t
scaleable
Testing phase
First mover
advantage
23
Cost/Benefit Analysis
Online
Renovation
DaaS Specific
Sales Force
Nonprofit
Partnership
$200 K
$13.8 M
$6.4 M
$7.6M
+
Cost to
Implement
24See Appendix VII
Cost/Benefit Analysis
25
$3.6BN
$911M
See Appendix VIII
26
Market Share Increase
24.8%
19.4%
See Appendix VIII
Conclusion
27
Conclusion: Key Takeaways
DaaS meets Simplicity
Simplicity
online
Simplicity in
sales
Industry needs agility
Millennials want simplicity
Simplicity in
sustainability
28“The most powerful concept in marketing is owning a word in the prospect’s mind.”
Questions?
29
Appendices
30
Appendix I: Suggested Readings
1) How Fast is Technology Changing?
http://theemergingfuture.com/speed-technological-advancement.htm
2) The Everything Guide to Millennials. Vision Critical, 2016.
https://www.visioncritical.com/wp-content/uploads/2016/07/The_Everything_Guide_To_Millennial_eBook.pdf
3) Millennials: Coming of Age. Goldman Sachs, 2016. http://www.goldmansachs.com/our-thinking/pages/millennials/
4) To buy or not to buy? How Millennials are reshaping B2B marketing. IBM Institute for Business Value, 2015.
http://www-01.ibm.com/common/ssi/cgi-bin/ssialias?htmlfid=GBE03658USEN
5) 2015 is the Year Of The Millennial Customer: 5 Key Traits these 80 Million Consumers Share. Forbes, 2014.
http://www.forbes.com/sites/micahsolomon/2014/12/29/5-traits-that-define-the-80-million-millennial-customers-co
ming-your-way/#50b4a202a81f
6) How millennial IT pros differ from “old IT guys” and what it means for tech vendors. Vision Critical, 2016.
https://www.visioncritical.com/millennial-it-pros/
7) The 22 Immutable Laws of Marketing, Al Ries & Jack Trout, 1993.
8) 5 Ways Millennials are Redefining the Customer Experience. Sales Force, 2015.
https://www.salesforce.com/blog/2015/04/5-ways-millennials-re-defining-customer-experience- gp.html
9) 12 Statistics that Show Millennials Expect Even More from Customer Service. Parature, 2016.
http://www.parature.com/12-millennial-customer-service/
31
Fatal Flaws:
● Puts all of HP’s “eggs in
one basket”
● Not sustainable
solution
● Easily replicable
● A really great product
doesn’t sell itself (ex:
Microsoft Zoon). It
needs an idea to back it
up (ex: Ipod)
Appendix II: In Depth MECE Analysis
Corporate Partnership University Partnership Next Big Thing
Fatal Flaws:
● Our success banks on
that of the partner
● Expensive
● Millennials will
question authenticity
● Doesn’t impact IT
decision-making
criteria
Fatal Flaws:
● Impacts too late
● Contracts are difficult
to negotiate
● Doesn’t target future
IT decision makers
● Makes users price
sensitive, not product
sensitive
HP should change
DaaS marketing to
allow potential
millennial IT buyers to
associate the service
with simplicity.
Capture Simplicity
Appendix III: Competitor Analysis
Millennial IT Boomer/Gen Y IT
Boring Traditional, quality
Fun, creative Arrogant, Fun, Untraditional
Boring Ordinary, Common
Straightforward, old Traditional, Boring
No strong association High Quality
33
Appendix IV: IT Criteria vs. HP Offerings
Millennial IT Criteria DAAS Capabilities
Adapts with
innovation
“Enhance your PC environment with HP’s suite of
support services including... staff augmentation, HP
Proactive Intelligence, and security for data and devices.”
Scalability with
growth
“Manage devices efficiently with services that span the
lifecycle...Through a consolidated dashboard, gain
analytical insight on your fleet’s inventory, location, and
condition to maintain better security.”
Allows for
Customization
“Any device in the HP portfolio works with HP
DaaS...Let HP manage all your devices—even non-HP
ones—with a mix of services that is ideal for you”
34
Appendix V: Current online experience &
Proposed changes
Current Site Millennial IT Reaction Proposed Changes
Minimum of 6 clicks
required to find DaaS Cycle
information on website.
Millennials are a two-click
generation.
Maximum of two clicks to
find DaaS online from the
homepage.
DaaS Cycle information is
presented in an 8-page
brochure.
Millennials won’t be
immediately engaged.
Use media content: show a
2-minute video highlighting
features of DaaS.
Sales representative request
is generic.
This generic contract too
slow and impersonal,
Millennials want answers
fast.
Make a DaaS quote form
giving buyers immediate
feedback on pricing and
services included.
35
Appendix VI: Benefits of direct sales
- Control the vision of how the product/ service is sold
- Customers desire seamless experiences
- Allows adjustment as further understanding of the customer is gained
- Ex: Nike plans to increase Direct sales by 250% in the next 5 years
- Allows control of Brand Story
- Relay Messaging directly to consumers
- Allows collection of consumer data
- Winning companies of the 21st century are those with the best data
(WSJ)
- Direct and Authentic engagement enables company to understand the WHY
behind consumer behavior.
- Millennials want to engage with brands on social media (Forbes)
Note: HP first launched a Direct Sales initiative in June 1999. However, in 2015, HP
began making large shift toward partner/ channel sales forming HP Partner First and
HPE Partner Ready
Appendix VII: Strategy Cost Breakdown
Appendix VII: Strategy Cost Breakdown
Appendix VIII: DaaS Pro Forma

More Related Content

What's hot

The Robot and I: How New Digital Technologies Are Making Smart People and Bus...
The Robot and I: How New Digital Technologies Are Making Smart People and Bus...The Robot and I: How New Digital Technologies Are Making Smart People and Bus...
The Robot and I: How New Digital Technologies Are Making Smart People and Bus...Cognizant
 
Keynote: why are Innovations critical for Banks & Insurances?
Keynote: why are Innovations critical for  Banks & Insurances?Keynote: why are Innovations critical for  Banks & Insurances?
Keynote: why are Innovations critical for Banks & Insurances?Stefan F. Dieffenbacher
 
Apps for the Connected World: Supercharge Customer Data with Code Halos
Apps for the Connected World: Supercharge Customer Data with Code HalosApps for the Connected World: Supercharge Customer Data with Code Halos
Apps for the Connected World: Supercharge Customer Data with Code HalosCognizant
 
Digital transformation in banking - PiServe
Digital transformation in banking - PiServeDigital transformation in banking - PiServe
Digital transformation in banking - PiServeJo Matt
 
How disruptive Innovation can be realized in Banking & Insurance
How disruptive Innovation can be realized in Banking & InsuranceHow disruptive Innovation can be realized in Banking & Insurance
How disruptive Innovation can be realized in Banking & InsuranceStefan F. Dieffenbacher
 
Digital Transformation and the Customer Experience
Digital Transformation and the Customer ExperienceDigital Transformation and the Customer Experience
Digital Transformation and the Customer ExperienceMat Ford
 
Think Digital Transformation, Think Design
Think Digital Transformation, Think Design Think Digital Transformation, Think Design
Think Digital Transformation, Think Design Emi Kwon
 
hitachi-forbes-cios-guide-to-digital-transformation
hitachi-forbes-cios-guide-to-digital-transformationhitachi-forbes-cios-guide-to-digital-transformation
hitachi-forbes-cios-guide-to-digital-transformationIngrid Fernandez, PhD
 
Digital transformation benchmark 2012 - capgemini consulting - digital tran...
Digital transformation benchmark   2012 - capgemini consulting - digital tran...Digital transformation benchmark   2012 - capgemini consulting - digital tran...
Digital transformation benchmark 2012 - capgemini consulting - digital tran...Rick Bouter
 
Retail banker intl
Retail banker intl Retail banker intl
Retail banker intl Backbase
 
Rail Revenue World Congress 2016
Rail Revenue World Congress 2016Rail Revenue World Congress 2016
Rail Revenue World Congress 2016Ina Luft
 
Digital Transformation - Play along or die
Digital Transformation - Play along or dieDigital Transformation - Play along or die
Digital Transformation - Play along or dieStefan F. Dieffenbacher
 
Views of a New Customer Experience Landscape
Views of a New Customer Experience LandscapeViews of a New Customer Experience Landscape
Views of a New Customer Experience LandscapeSeb Haigh
 
Digital transformation for marketing
Digital transformation for marketingDigital transformation for marketing
Digital transformation for marketingSoft Click
 
Keynote: "Digitale Transformation für Banken - mitspielen oder untergehen"
Keynote: "Digitale Transformation für Banken - mitspielen oder untergehen"Keynote: "Digitale Transformation für Banken - mitspielen oder untergehen"
Keynote: "Digitale Transformation für Banken - mitspielen oder untergehen"Stefan F. Dieffenbacher
 
When Digital Disruption Strikes: How Can Incumbents Respond?
When Digital Disruption Strikes: How Can Incumbents Respond?When Digital Disruption Strikes: How Can Incumbents Respond?
When Digital Disruption Strikes: How Can Incumbents Respond?Capgemini
 

What's hot (20)

The Robot and I: How New Digital Technologies Are Making Smart People and Bus...
The Robot and I: How New Digital Technologies Are Making Smart People and Bus...The Robot and I: How New Digital Technologies Are Making Smart People and Bus...
The Robot and I: How New Digital Technologies Are Making Smart People and Bus...
 
REIQ 5 Trends in Business
REIQ 5 Trends in BusinessREIQ 5 Trends in Business
REIQ 5 Trends in Business
 
Digital disruption
Digital disruptionDigital disruption
Digital disruption
 
Keynote: why are Innovations critical for Banks & Insurances?
Keynote: why are Innovations critical for  Banks & Insurances?Keynote: why are Innovations critical for  Banks & Insurances?
Keynote: why are Innovations critical for Banks & Insurances?
 
Apps for the Connected World: Supercharge Customer Data with Code Halos
Apps for the Connected World: Supercharge Customer Data with Code HalosApps for the Connected World: Supercharge Customer Data with Code Halos
Apps for the Connected World: Supercharge Customer Data with Code Halos
 
Digital transformation in banking - PiServe
Digital transformation in banking - PiServeDigital transformation in banking - PiServe
Digital transformation in banking - PiServe
 
How disruptive Innovation can be realized in Banking & Insurance
How disruptive Innovation can be realized in Banking & InsuranceHow disruptive Innovation can be realized in Banking & Insurance
How disruptive Innovation can be realized in Banking & Insurance
 
Digital Transformation and the Customer Experience
Digital Transformation and the Customer ExperienceDigital Transformation and the Customer Experience
Digital Transformation and the Customer Experience
 
Using Digital in Retail
Using Digital in RetailUsing Digital in Retail
Using Digital in Retail
 
Think Digital Transformation, Think Design
Think Digital Transformation, Think Design Think Digital Transformation, Think Design
Think Digital Transformation, Think Design
 
hitachi-forbes-cios-guide-to-digital-transformation
hitachi-forbes-cios-guide-to-digital-transformationhitachi-forbes-cios-guide-to-digital-transformation
hitachi-forbes-cios-guide-to-digital-transformation
 
Transform the way you market at social scale
Transform the way you market at social scaleTransform the way you market at social scale
Transform the way you market at social scale
 
Digital transformation benchmark 2012 - capgemini consulting - digital tran...
Digital transformation benchmark   2012 - capgemini consulting - digital tran...Digital transformation benchmark   2012 - capgemini consulting - digital tran...
Digital transformation benchmark 2012 - capgemini consulting - digital tran...
 
Retail banker intl
Retail banker intl Retail banker intl
Retail banker intl
 
Rail Revenue World Congress 2016
Rail Revenue World Congress 2016Rail Revenue World Congress 2016
Rail Revenue World Congress 2016
 
Digital Transformation - Play along or die
Digital Transformation - Play along or dieDigital Transformation - Play along or die
Digital Transformation - Play along or die
 
Views of a New Customer Experience Landscape
Views of a New Customer Experience LandscapeViews of a New Customer Experience Landscape
Views of a New Customer Experience Landscape
 
Digital transformation for marketing
Digital transformation for marketingDigital transformation for marketing
Digital transformation for marketing
 
Keynote: "Digitale Transformation für Banken - mitspielen oder untergehen"
Keynote: "Digitale Transformation für Banken - mitspielen oder untergehen"Keynote: "Digitale Transformation für Banken - mitspielen oder untergehen"
Keynote: "Digitale Transformation für Banken - mitspielen oder untergehen"
 
When Digital Disruption Strikes: How Can Incumbents Respond?
When Digital Disruption Strikes: How Can Incumbents Respond?When Digital Disruption Strikes: How Can Incumbents Respond?
When Digital Disruption Strikes: How Can Incumbents Respond?
 

Viewers also liked

El conocimiento de sí mismo y objetivos
El conocimiento de sí mismo y objetivosEl conocimiento de sí mismo y objetivos
El conocimiento de sí mismo y objetivosCarlos Espinosa Berdugo
 
Aldactone (Spironolactone Tablets)
Aldactone (Spironolactone Tablets)Aldactone (Spironolactone Tablets)
Aldactone (Spironolactone Tablets)Clearsky Pharmacy
 
informacion en la nube
informacion en la nubeinformacion en la nube
informacion en la nubefrancito91
 
Il ruolo del Dipartimento di Management nel progetto "Destinazione Impresa"
Il ruolo del Dipartimento di Management nel progetto "Destinazione Impresa"Il ruolo del Dipartimento di Management nel progetto "Destinazione Impresa"
Il ruolo del Dipartimento di Management nel progetto "Destinazione Impresa"Riccardo Beltramo
 
Medios Audio Visuales 2015
Medios Audio Visuales 2015 Medios Audio Visuales 2015
Medios Audio Visuales 2015 luismsg15
 
Marcodelbuendesempeodocente 3-140901144359-phpapp01
Marcodelbuendesempeodocente 3-140901144359-phpapp01Marcodelbuendesempeodocente 3-140901144359-phpapp01
Marcodelbuendesempeodocente 3-140901144359-phpapp01Mauro Micky Quispe
 
MAB - DO 1 AO 99 (adaptado)
MAB - DO 1 AO 99 (adaptado)MAB - DO 1 AO 99 (adaptado)
MAB - DO 1 AO 99 (adaptado)Graciela Sousa
 
Muy historia 100 años despues de la gran guerra - la tragedia que transform...
Muy historia   100 años despues de la gran guerra - la tragedia que transform...Muy historia   100 años despues de la gran guerra - la tragedia que transform...
Muy historia 100 años despues de la gran guerra - la tragedia que transform...Brian Cabrera
 

Viewers also liked (14)

MReese_AmbassadorReport
MReese_AmbassadorReportMReese_AmbassadorReport
MReese_AmbassadorReport
 
El conocimiento de sí mismo y objetivos
El conocimiento de sí mismo y objetivosEl conocimiento de sí mismo y objetivos
El conocimiento de sí mismo y objetivos
 
B the unhappy giant 3º
B  the unhappy giant 3ºB  the unhappy giant 3º
B the unhappy giant 3º
 
Presentación10
Presentación10Presentación10
Presentación10
 
Aldactone (Spironolactone Tablets)
Aldactone (Spironolactone Tablets)Aldactone (Spironolactone Tablets)
Aldactone (Spironolactone Tablets)
 
informacion en la nube
informacion en la nubeinformacion en la nube
informacion en la nube
 
Il ruolo del Dipartimento di Management nel progetto "Destinazione Impresa"
Il ruolo del Dipartimento di Management nel progetto "Destinazione Impresa"Il ruolo del Dipartimento di Management nel progetto "Destinazione Impresa"
Il ruolo del Dipartimento di Management nel progetto "Destinazione Impresa"
 
Youtube 2.0
Youtube 2.0Youtube 2.0
Youtube 2.0
 
Sesión 08
Sesión 08Sesión 08
Sesión 08
 
Medios Audio Visuales 2015
Medios Audio Visuales 2015 Medios Audio Visuales 2015
Medios Audio Visuales 2015
 
Sesión 08
Sesión 08Sesión 08
Sesión 08
 
Marcodelbuendesempeodocente 3-140901144359-phpapp01
Marcodelbuendesempeodocente 3-140901144359-phpapp01Marcodelbuendesempeodocente 3-140901144359-phpapp01
Marcodelbuendesempeodocente 3-140901144359-phpapp01
 
MAB - DO 1 AO 99 (adaptado)
MAB - DO 1 AO 99 (adaptado)MAB - DO 1 AO 99 (adaptado)
MAB - DO 1 AO 99 (adaptado)
 
Muy historia 100 años despues de la gran guerra - la tragedia que transform...
Muy historia   100 años despues de la gran guerra - la tragedia que transform...Muy historia   100 años despues de la gran guerra - la tragedia que transform...
Muy historia 100 años despues de la gran guerra - la tragedia que transform...
 

Similar to Agility Meets Simplicity: How HP Can Capture the Millennial IT Market

Digital Transformation: A $1 Trillion Opportunity (Note: 2015 deck - somewhat...
Digital Transformation: A $1 Trillion Opportunity (Note: 2015 deck - somewhat...Digital Transformation: A $1 Trillion Opportunity (Note: 2015 deck - somewhat...
Digital Transformation: A $1 Trillion Opportunity (Note: 2015 deck - somewhat...Ketan Kakkad
 
Digital Transformation and the Marketing Professional
Digital Transformation and the Marketing ProfessionalDigital Transformation and the Marketing Professional
Digital Transformation and the Marketing ProfessionalMatthew W. Bowers
 
Digital Transformation Trends and Predictions for 2020.pdf
Digital Transformation Trends and Predictions for 2020.pdfDigital Transformation Trends and Predictions for 2020.pdf
Digital Transformation Trends and Predictions for 2020.pdfKMSSolutionsMarketin
 
The essential elements of a digital transformation strategy
The essential elements of a digital transformation strategyThe essential elements of a digital transformation strategy
The essential elements of a digital transformation strategyMarcel Santilli
 
What does Digital Disruption look like?
What does Digital Disruption look like?What does Digital Disruption look like?
What does Digital Disruption look like?Mike Shaw
 
ADMA_FINALDigital_Whitepaper-Digital_Edition
ADMA_FINALDigital_Whitepaper-Digital_EditionADMA_FINALDigital_Whitepaper-Digital_Edition
ADMA_FINALDigital_Whitepaper-Digital_EditionDavid Hirsch
 
4 key elements to success in the 3rd platform by Jerod Powell - CEO INFINIT ...
4 key elements to success in the 3rd platform  by Jerod Powell - CEO INFINIT ...4 key elements to success in the 3rd platform  by Jerod Powell - CEO INFINIT ...
4 key elements to success in the 3rd platform by Jerod Powell - CEO INFINIT ...Jerod Powell
 
Indian Mid-market SaaS companies: Forging a new path to disruption
Indian Mid-market SaaS companies: Forging a new path to disruptionIndian Mid-market SaaS companies: Forging a new path to disruption
Indian Mid-market SaaS companies: Forging a new path to disruptionProductNation/iSPIRT
 
Unlock Digital Banking with SAP Bank Analyzer & S4
Unlock Digital Banking with SAP Bank Analyzer & S4Unlock Digital Banking with SAP Bank Analyzer & S4
Unlock Digital Banking with SAP Bank Analyzer & S4Guillermo Salazar
 
The Digital Enterprise Vol 5 - A Framework for Transformation
The Digital Enterprise Vol 5 - A Framework for TransformationThe Digital Enterprise Vol 5 - A Framework for Transformation
The Digital Enterprise Vol 5 - A Framework for TransformationStuart Lamb
 
The Rise of Digital Darwinism and the Real-world Business Drivers for Digital...
The Rise of Digital Darwinism and the Real-world Business Drivers for Digital...The Rise of Digital Darwinism and the Real-world Business Drivers for Digital...
The Rise of Digital Darwinism and the Real-world Business Drivers for Digital...Brian Solis
 
Remodista Think Tank - China Commerce 101
Remodista Think Tank - China Commerce 101Remodista Think Tank - China Commerce 101
Remodista Think Tank - China Commerce 101Remodista
 
MarTech and the Decade of the CMO
MarTech and the Decade of the CMOMarTech and the Decade of the CMO
MarTech and the Decade of the CMOfoundationcap
 
How to Win with Digital
How to Win with DigitalHow to Win with Digital
How to Win with DigitalCognizant
 
Organizational Change Management: A Make or Break Capability for Digital Success
Organizational Change Management: A Make or Break Capability for Digital SuccessOrganizational Change Management: A Make or Break Capability for Digital Success
Organizational Change Management: A Make or Break Capability for Digital SuccessCognizant
 
IBM is cited as a leader in The Forrester Wave B2C Commerce Suites, Q3 2012
IBM is cited as a leader in The Forrester Wave B2C Commerce Suites, Q3 2012IBM is cited as a leader in The Forrester Wave B2C Commerce Suites, Q3 2012
IBM is cited as a leader in The Forrester Wave B2C Commerce Suites, Q3 2012IBM Software India
 
Sg digital transformation2 (1)
Sg digital transformation2 (1)Sg digital transformation2 (1)
Sg digital transformation2 (1)Sean Garvey
 
The MarTech Blueprint Imperative
The MarTech Blueprint ImperativeThe MarTech Blueprint Imperative
The MarTech Blueprint ImperativeMarTech Conference
 

Similar to Agility Meets Simplicity: How HP Can Capture the Millennial IT Market (20)

Digital Transformation: A $1 Trillion Opportunity (Note: 2015 deck - somewhat...
Digital Transformation: A $1 Trillion Opportunity (Note: 2015 deck - somewhat...Digital Transformation: A $1 Trillion Opportunity (Note: 2015 deck - somewhat...
Digital Transformation: A $1 Trillion Opportunity (Note: 2015 deck - somewhat...
 
Digital Transformation and the Marketing Professional
Digital Transformation and the Marketing ProfessionalDigital Transformation and the Marketing Professional
Digital Transformation and the Marketing Professional
 
Digital Transformation Trends and Predictions for 2020.pdf
Digital Transformation Trends and Predictions for 2020.pdfDigital Transformation Trends and Predictions for 2020.pdf
Digital Transformation Trends and Predictions for 2020.pdf
 
The essential elements of a digital transformation strategy
The essential elements of a digital transformation strategyThe essential elements of a digital transformation strategy
The essential elements of a digital transformation strategy
 
What does Digital Disruption look like?
What does Digital Disruption look like?What does Digital Disruption look like?
What does Digital Disruption look like?
 
ADMA_FINALDigital_Whitepaper-Digital_Edition
ADMA_FINALDigital_Whitepaper-Digital_EditionADMA_FINALDigital_Whitepaper-Digital_Edition
ADMA_FINALDigital_Whitepaper-Digital_Edition
 
[NEW RESEARCH] Crafting A Digital Strategy
[NEW RESEARCH] Crafting A Digital Strategy[NEW RESEARCH] Crafting A Digital Strategy
[NEW RESEARCH] Crafting A Digital Strategy
 
Fjord Trends 2019
Fjord Trends 2019 Fjord Trends 2019
Fjord Trends 2019
 
4 key elements to success in the 3rd platform by Jerod Powell - CEO INFINIT ...
4 key elements to success in the 3rd platform  by Jerod Powell - CEO INFINIT ...4 key elements to success in the 3rd platform  by Jerod Powell - CEO INFINIT ...
4 key elements to success in the 3rd platform by Jerod Powell - CEO INFINIT ...
 
Indian Mid-market SaaS companies: Forging a new path to disruption
Indian Mid-market SaaS companies: Forging a new path to disruptionIndian Mid-market SaaS companies: Forging a new path to disruption
Indian Mid-market SaaS companies: Forging a new path to disruption
 
Unlock Digital Banking with SAP Bank Analyzer & S4
Unlock Digital Banking with SAP Bank Analyzer & S4Unlock Digital Banking with SAP Bank Analyzer & S4
Unlock Digital Banking with SAP Bank Analyzer & S4
 
The Digital Enterprise Vol 5 - A Framework for Transformation
The Digital Enterprise Vol 5 - A Framework for TransformationThe Digital Enterprise Vol 5 - A Framework for Transformation
The Digital Enterprise Vol 5 - A Framework for Transformation
 
The Rise of Digital Darwinism and the Real-world Business Drivers for Digital...
The Rise of Digital Darwinism and the Real-world Business Drivers for Digital...The Rise of Digital Darwinism and the Real-world Business Drivers for Digital...
The Rise of Digital Darwinism and the Real-world Business Drivers for Digital...
 
Remodista Think Tank - China Commerce 101
Remodista Think Tank - China Commerce 101Remodista Think Tank - China Commerce 101
Remodista Think Tank - China Commerce 101
 
MarTech and the Decade of the CMO
MarTech and the Decade of the CMOMarTech and the Decade of the CMO
MarTech and the Decade of the CMO
 
How to Win with Digital
How to Win with DigitalHow to Win with Digital
How to Win with Digital
 
Organizational Change Management: A Make or Break Capability for Digital Success
Organizational Change Management: A Make or Break Capability for Digital SuccessOrganizational Change Management: A Make or Break Capability for Digital Success
Organizational Change Management: A Make or Break Capability for Digital Success
 
IBM is cited as a leader in The Forrester Wave B2C Commerce Suites, Q3 2012
IBM is cited as a leader in The Forrester Wave B2C Commerce Suites, Q3 2012IBM is cited as a leader in The Forrester Wave B2C Commerce Suites, Q3 2012
IBM is cited as a leader in The Forrester Wave B2C Commerce Suites, Q3 2012
 
Sg digital transformation2 (1)
Sg digital transformation2 (1)Sg digital transformation2 (1)
Sg digital transformation2 (1)
 
The MarTech Blueprint Imperative
The MarTech Blueprint ImperativeThe MarTech Blueprint Imperative
The MarTech Blueprint Imperative
 

Agility Meets Simplicity: How HP Can Capture the Millennial IT Market

  • 2. Meet Our Team Taylor Demars Supply Chain Keith Olsen Economics Mallory Reese Marketing Rushton Hiltbrand Finance Jordan Sale Strategy 2
  • 3. Agenda Background & Problem Solution Market Implementation Cost/Benefit Analysis Conclusion 1 2 3 4 5 3
  • 4. Executive Summary Situation The Commercial (B2B) PC Services market is fast-paced and those who do not quickly innovate become obsolete. As they age, millennials are rapidly taking over key decision-making roles. These new leaders come with different priorities and preferences than those of their predecessors. HP must adapt both their products and services, as well as the way they interact with businesses to meet the needs of this new generation of IT decision-makers. Complication HP has consistently been a top choice for enterprise IT solutions. Its innovative DaaS Cycle fits the specific demands of modern businesses. However, its full potential is not being recognized by millennial IT decision makers. HP must develop a novel strategy to capture the profitability that the DaaS cycle offers in the B2B market and to differentiate from competitors who may copy the service. Resolution When the agility of DaaS meets simplicity, HP will begin to realize the full potential of this market-disrupting service. Through simplicity online, simplicity in sales, and simplicity in values, HP will effectively differentiate itself and become the brand of choice for millennial IT decision makers. 4
  • 6. Agility is essential Scalable with growth Adapts with innovation Allows for customization Modern Industry Needs In an industry where last year’s “cutting edge” soon becomes obsolete, HP must constantly reinvent itself. Agility is necessary to compete. 6See Appendix I
  • 7. Simplicity is key Instant Service Authentic Interaction Shared Values Millennial IT Wants: Meet Chris When it comes to technology, millennials are faced with more options than ever before. They will adopt technologies that make their life easier, simpler and more productive, and ignore those that don’t. 2 See Appendix I 7
  • 8. 8 MECE Analysis: How should HP move forward? Change services portfolio Change Perception ? ?
  • 9. Change Services Portfolio? DaaS Satisfies Industry Needs Scalability with growth Adapts with innovation Allows for customization See Appendix IV 9
  • 10. 10 MECE Analysis: How should HP move forward? Change services portfolio Change Perception See Appendix II
  • 11. Simplicity is Key Instant Service Authentic Interaction Shared Values DaaS vs. Millennial Wants Millennial IT decision makers are looking for simplicity in researching, purchasing, and using products. The lack of simplicity in the following millennial wants will prevent adoption by millennial ITs. 11
  • 13. Al Ries & Jack Trout The 22 Immutable Laws of Marketing 13 “The most powerful concept in marketing is owning a word in the prospect’s mind.” See Appendix III
  • 15. DaaS meets Simplicity Instant Service: Simplicity Online Authentic Interactions: Simplicity in Sales Shared Values: Simplicity in Sustainability Our Solution 15
  • 17. Simplicity Online: Instant Service Follow the 2-Click Rule Use immediate engagement Improve website experience 17See Appendix V Leverage multimedia
  • 18. Simplicity Online: Instant Service Give Instant Feedback 18See Appendix V Increase HP Data
  • 19. DaaS Specific Sales Force Phase 1: Online Browsing See Appendix I Simplicity in Sales: Authentic Interaction Phase 3: Purchasing Process 19See Appendix VI Phase 2: In-depth Research
  • 20. Simplicity in Sustainability: Shared Values Outsource Disposal HP retains DaaS data wipe Millennial values DaaS data wipe Outsource disposal Increase visibility Charitable Computer Reuse & Recycling Increase Visibility 20
  • 22. Implementation Timeline Revamping of website and acquisition of sales team InterConnect partnership & initiate sales team training Launch new website and sales team in trial region Debug, evaluate, & improve Begin scaling to worldwide coverage 2 month 4 months 6 months 9 months 12 months 22
  • 23. Risks & Resolutions DaaS Simplicity Risks General DaaS Risk ● Competitors replicate DaaS ● Website changes don’t attract millennials ● IT buyers don’t react to sales force ● Partnership isn’t scaleable Testing phase First mover advantage 23
  • 24. Cost/Benefit Analysis Online Renovation DaaS Specific Sales Force Nonprofit Partnership $200 K $13.8 M $6.4 M $7.6M + Cost to Implement 24See Appendix VII
  • 28. Conclusion: Key Takeaways DaaS meets Simplicity Simplicity online Simplicity in sales Industry needs agility Millennials want simplicity Simplicity in sustainability 28“The most powerful concept in marketing is owning a word in the prospect’s mind.”
  • 31. Appendix I: Suggested Readings 1) How Fast is Technology Changing? http://theemergingfuture.com/speed-technological-advancement.htm 2) The Everything Guide to Millennials. Vision Critical, 2016. https://www.visioncritical.com/wp-content/uploads/2016/07/The_Everything_Guide_To_Millennial_eBook.pdf 3) Millennials: Coming of Age. Goldman Sachs, 2016. http://www.goldmansachs.com/our-thinking/pages/millennials/ 4) To buy or not to buy? How Millennials are reshaping B2B marketing. IBM Institute for Business Value, 2015. http://www-01.ibm.com/common/ssi/cgi-bin/ssialias?htmlfid=GBE03658USEN 5) 2015 is the Year Of The Millennial Customer: 5 Key Traits these 80 Million Consumers Share. Forbes, 2014. http://www.forbes.com/sites/micahsolomon/2014/12/29/5-traits-that-define-the-80-million-millennial-customers-co ming-your-way/#50b4a202a81f 6) How millennial IT pros differ from “old IT guys” and what it means for tech vendors. Vision Critical, 2016. https://www.visioncritical.com/millennial-it-pros/ 7) The 22 Immutable Laws of Marketing, Al Ries & Jack Trout, 1993. 8) 5 Ways Millennials are Redefining the Customer Experience. Sales Force, 2015. https://www.salesforce.com/blog/2015/04/5-ways-millennials-re-defining-customer-experience- gp.html 9) 12 Statistics that Show Millennials Expect Even More from Customer Service. Parature, 2016. http://www.parature.com/12-millennial-customer-service/ 31
  • 32. Fatal Flaws: ● Puts all of HP’s “eggs in one basket” ● Not sustainable solution ● Easily replicable ● A really great product doesn’t sell itself (ex: Microsoft Zoon). It needs an idea to back it up (ex: Ipod) Appendix II: In Depth MECE Analysis Corporate Partnership University Partnership Next Big Thing Fatal Flaws: ● Our success banks on that of the partner ● Expensive ● Millennials will question authenticity ● Doesn’t impact IT decision-making criteria Fatal Flaws: ● Impacts too late ● Contracts are difficult to negotiate ● Doesn’t target future IT decision makers ● Makes users price sensitive, not product sensitive HP should change DaaS marketing to allow potential millennial IT buyers to associate the service with simplicity. Capture Simplicity
  • 33. Appendix III: Competitor Analysis Millennial IT Boomer/Gen Y IT Boring Traditional, quality Fun, creative Arrogant, Fun, Untraditional Boring Ordinary, Common Straightforward, old Traditional, Boring No strong association High Quality 33
  • 34. Appendix IV: IT Criteria vs. HP Offerings Millennial IT Criteria DAAS Capabilities Adapts with innovation “Enhance your PC environment with HP’s suite of support services including... staff augmentation, HP Proactive Intelligence, and security for data and devices.” Scalability with growth “Manage devices efficiently with services that span the lifecycle...Through a consolidated dashboard, gain analytical insight on your fleet’s inventory, location, and condition to maintain better security.” Allows for Customization “Any device in the HP portfolio works with HP DaaS...Let HP manage all your devices—even non-HP ones—with a mix of services that is ideal for you” 34
  • 35. Appendix V: Current online experience & Proposed changes Current Site Millennial IT Reaction Proposed Changes Minimum of 6 clicks required to find DaaS Cycle information on website. Millennials are a two-click generation. Maximum of two clicks to find DaaS online from the homepage. DaaS Cycle information is presented in an 8-page brochure. Millennials won’t be immediately engaged. Use media content: show a 2-minute video highlighting features of DaaS. Sales representative request is generic. This generic contract too slow and impersonal, Millennials want answers fast. Make a DaaS quote form giving buyers immediate feedback on pricing and services included. 35
  • 36. Appendix VI: Benefits of direct sales - Control the vision of how the product/ service is sold - Customers desire seamless experiences - Allows adjustment as further understanding of the customer is gained - Ex: Nike plans to increase Direct sales by 250% in the next 5 years - Allows control of Brand Story - Relay Messaging directly to consumers - Allows collection of consumer data - Winning companies of the 21st century are those with the best data (WSJ) - Direct and Authentic engagement enables company to understand the WHY behind consumer behavior. - Millennials want to engage with brands on social media (Forbes) Note: HP first launched a Direct Sales initiative in June 1999. However, in 2015, HP began making large shift toward partner/ channel sales forming HP Partner First and HPE Partner Ready
  • 37. Appendix VII: Strategy Cost Breakdown
  • 38. Appendix VII: Strategy Cost Breakdown
  • 39. Appendix VIII: DaaS Pro Forma