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KEYNOTE
Nick Vinckier
CHIEF STRATEGY OFFICER
UVAL UNION CONSULTING
DUBAI, UAE ~ OCTOBER 23 - 24, 2018
DIGIMARCONMIDDLEEAST.COM | #DigiMarConMiddleEast
The Corporate Startup
- What Corporates Should
Learn From Disruptors
CHIEF STRATEGY OFFICER
Duval Union Consulting
MENA
FROM VOLVO TRUCKS TO
CHALHOUB GROUP
KEYNOTE SPEAKER
speakersbase.com/nickvinckie
r
! BELGIUM - 1990
@NICKVINCKIER
@nickvinckier nick.vinckier@duvalunion.com
@nickvinckier
1996 2000 2004 2008 2012 2016
NOK - Nokia Net Income (billion dollar USD)
10
5
0
-5
BEST SELLING MOBILE PHONE
COMPANY
MOBILE PHONE DIVISION
ACQUIRED
3. IT’S NOT ABOUT
TECHNOLOGY
1. NO ONE IS TOO BIG TO
FAIL
@nickvinckier
2. GRADUALLY, THAN
SUDDENLY
WE’RE IN DIGITAL
KINDERGARTEN
virtual reality
augmented reality
3D printing
artificial
intelligence nano-
bots holographic
displays driverless
cars
facial recognition
cloud computing
cryptocurrencies
blockchain internet
of things
smart homes &
cities biometrics
wearable
computing 5G
internet
robots
…
WE AIN’T SEEN NOTHING YET
@nickvinckier
DIGITAL IS THE MAIN
@nickvinckier
REASON JUST
OVER HALF OF
THE
COMPANIES
ON THE
FORTUNE 500
HAVE
DISAPPEARED
SINCE THE
CORPORAT
E
STARTUP
WE NEED TO BECOME CORPORATE
STARTUPS
NOT ABOUT SMALL OR BIG …
FUTURE PROOF ORGANIZATION
@nickvinckier
FUTURE
PROOF
ORGANIZATIO
NS HAVE
RADICAL
NORTH STARS@nickvinckier
H
B AG
DUVAL UNION
CONSULTING
BIG FOUR + 1
�
SPACE X
revolutionize space technology
to make people’s life multi
planetary
AMAZON
earth’s most customer centric
company ever
@nickvinckier
It all starts with a clear, radical North Star
Vision
Appealing, shared by all North Star
Vision: “To make the UAE among the best
countries in the world by the Golden
Jubilee of the Union”
@nickvinckier
World Class Healthcare
@nickvinckier
Competitive Knowledge Economy
Safe Public & Fair Judiciary
Cohesive Society & Preserved
Identity
First Rate Education System
Sustainable Environment &
Infrastructure
6 C L E A R , S T R A T E G I C A M B I T I O N S
C O M P E T I T I V E K N O W L E
D G E E C O N O M Y
@nickvinckier
WE DIDN’T DO
ANYTHING
WRONG, BUT
SOMEHOW, WE
LOST…
@nickvinckier
CUSTOMER
RELATION
= “digitization”
ORGANIZATI
ON@nickvinckier
MARKET
&
COMPETITIO
N
PRODUCT
S
&
BUSINESS
MODELS
CUSTOMER RELATION
ORGANIZATI
ON@nickvinckier
MARKET
&
COMPETITIO
N
PRODUCT
S
&
BUSINESS
MODELS
CUSTOMER RELATION
ORGANIZATI
ON@nickvinckier
BEING RELEVANT IS
NOT ENOUGH
YOU NEED TO BE
disproportionately
RELEVANT
@nickvinckier
WHAT WE ARE IGNORING…
THERE ARE FOUR DIFFERENT AUDIENCES TO BE CONSIDERED
TRADITIONAL
•Not open for change
•Traditional business model
CONVERTED
•Traditionals getting
involved
•Digital is translation of
classic business
DIGITAL
•Knows old way but
prefers the new way
•Prefer digital partners
over traditional business
NATIVE
•Don’t know old way
of business
•Generation Swipe:
digital only
@nickvinckier
THERE IS A BIG SHIFT COMING UP!UPRISE OF
DIGITALS
BIRTH OF
NATIVES
E-VOLUTION OF DEATH OF
TRADITIONALS DINOSAURS
WSIO*
*We’re Screwed It’s Over
@nickvinckier
SO FORGET IDEAS…
THINK IN
@nickvinckier
PONDERITI
S
disease in which the subject has the
unstoppable urge to think about a
lot of great ideas for a very long
time, but lacks agile and cheap
execution
symptoms:
task-force, consulting, committee@nickvinckier
Digital Transformation:
PEOPLE >
TECHNOLOGY
@nickvinckier
“We are underestimating the urgency
to recruit high end digital talents, no
matter their age or function”
This should be our
#1 HR priority for the coming years
@nickvinckier
ACQUIRE
‘NEW
SKILLS’
TRANSFOR
M
‘OLD@nickvinckier
George Colony
CEO Forrester Research
“If you can't understand the
new world of digital, fire
yourself
@nickvinckier
If the board has a low digital IQ,
the company will have a low
digital IQ
@nickvinckier
High-velocity decision making
@nickvinckier
1. Make most decisions with ~70% of the info you wish you had
2. “Disagree and commit” if you trust the people but not the idea
3. Recognize true misalignment early and escalate it immediately
FROM
maximum
validated
product
corporates
@nickvinckier
TO
minimum
viable
product
disruptors
YOU ARE A BIG
@nickvinckier
YOU NEED SPEEDBOATS
@nickvinckier
FUTURE
PROOF
ORGANIZATIONS
CREATE A@nickvinckier
TECHNOLOGY
MAY HAVETRANSFOR
MED
YOUR
COMPANY, BUT
…
CULTURE
IS S T IL L Y O U R@nickvinckier
FUTURE PROOF CULTURE:
DATA-INFORMED
EXPERIMENTATION
AC
T
@nickvinckier
KNOW
‣ actions based on data
‣ a continuous process
‣ a lot of lean experiments
‣ customer data, product
data and organizational
data
FUTURE PROOF
CULTURE: “FREEDOM &
RESPONSIBILITY”
a 124-page slide deck explaining clearly what the
values are and what it means to each employee of
Netflix
Communication & accountability as
prerequisite
@nickvinckier
15 WORD
POLICY“PREVENT IRREVOCABLE
DISASTER NO MORAL,
ETHICAL, LEGAL ISSUES
RECOVER QUICKLY
ACT IN NETFLIX’s BEST
INTEREST”
@nickvinckier
NO “VACATION POLICY” NO “CLOTHING POLICY” NO “EXPENSE
POLICY”
@nickvinckier
ACT IN NETFLIX’s BEST
INTEREST
DON’T FIX PEOPLE PROBLEMS WITH POLICIES
BUT FIX POLICY PROBLEMS WITH
CULTURE OF CANNIBALIZATION &
INVOLVEMENT
FUTURE PROOF
CULTURE:@nickvinckier
If we don’t create
the thing that kills
Facebook,
someone else will.
“Embracing change” isn’t enough.
It has to be so hardwired into who we
are that even talking about it seems
redundant.
The internet is not a friendly place.
Things that don’t stay relevant don’t even
get the luxury of leaving ruins.
They disappear.
FFaacceebbooookkLLitittltel
eRReeddBBooookk@nickvinckier
@nickvinckier
CUSTOME
R
EXPERIENC
E
EMPLOYE
E
EXPERIENC
E
@nickvinckier
THE FUTURE PROOF ORGANIZATION
FUTURE PROOF BRAIN
• Shared North Star?
• Strategic
Ambitions?
• Understandable
KPI’s?
• Clear Digital
Agenda?
• Solutions instead
of Ideas?
FUTURE PROOF BODY
• Speed as
variable?
• Right new
Skills?
• Up skilling?
• Board with
Digital IQ?
• Agile Fleet?
FUTURE PROOF HEART
• Freedom &
Responsibility?
• Data-Informed
experimentation?
• Cannibalization &
Involvement?
• CX & EX?
@nickvinckier
THE FUTURE PROOF ORGANIZATION
@nickvinckier
1. PLAN FOR THE FUTURE
2. STRUCTURE FOR THE
FUTURE
3. EMBED THE FUTURE
www.digitaltransformationbook.co
m
or e-mail me for a free version �@nickvinckier
WHAT WILL
YOUR FIRST
BOLD MOVE
BE THE
NEXT 90
DAYS?@nickvinckier
WE DIDN’T DO
ANYTHING
WRONG, BUT
SOMEHOW, WE
LOST…
TRY TO DO@nickvinckier
QUESTIONS?
@nickvinckier
Thank you!
Questions? Need help?
@nickvinckier
nick.vinckier@duvalunion.co
m
DUVAL UNION
CONSULTING
WWW.DUVALUNIONCONSULTING.COM
25 BUSINESS CONSULTANTS
in a digital-first world
2 BEST SELLING BOOKS
sold in more than 55 countries
+100 GLOBAL CUSTOMERS
throughout different industries
3 LOCAL OFFICES
in Belgium, the Netherlands & the UAE
SINCE 2009
helping companies become future proof
The Corporate Startup - What Corporates Should Learn From Disruptors - Nick Vinckier, Duval Union Consulting

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The Corporate Startup - What Corporates Should Learn From Disruptors - Nick Vinckier, Duval Union Consulting

Editor's Notes

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