Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

LIBS Connect: FOW - Jeremy Blain

40 views

Published on

Explore Jeremy Blain's slides from LIB Connect.

Published in: Business
  • Be the first to comment

  • Be the first to like this

LIBS Connect: FOW - Jeremy Blain

  1. 1. Welcome to Industry 4.0 2 “From IT to Cyber / Physical Systems” Characterized by a fusion of technologies that is blurring the lines between the physical, digital, and biological spheres.
  2. 2. A warm welcome to you all 3 Playlist What’s coming and why its important 5 forces for the 2020s What needs to happen Closing comments
  3. 3. We live in hyper times NUMBER OF YEARS IT TOOK FOR EACH PRODUCT TO GAIN 50 MILLION USERS:
  4. 4. Unprecedented workplace transformation 5 GAFA(M) 600++ BATX 115
  5. 5. The pace of language / jargon change on top…  Disruption (2017)  Digital transformation (2018)  Systems and Platforms (2019) And….coming soon…  Industry 4.0 – the digital age (2020s)  #FutureofWork 6 Disequilibrium Business Model Ecosystems Industry 5.0 – The Autonomous age It’s NOW!
  6. 6. “Not well…” Forbes and IBM 84% now McKinsey 85%+ by 2021
  7. 7. How is enterprise doing in 2019? 8 Almost half of all leaders interviewed are not prepared for whole business model transformation. 1 Digital is leveling the competitive playing field in the three continents we researched. 2 Bureaucracy in Western companies is hindering their digital and human transformation. 3 Alarm bells should be ringing louder that they appear to be in boardrooms. 4 Source: Performance Works International research 2019 https://bit.ly/2FJuQsT
  8. 8. The real issue here..? 9 “Any company designed for success in the 20th Century is doomed to failure in the 21st” David S. Rose, entrepreneur and angel investor
  9. 9. The storm is set to get bigger in the 2020s…
  10. 10. 5 workplace forces driving a perfect storm for the 2020s First force: Digital centricity Second force: Organisation and Leader Readiness (or the Emperor’s new clothes…) Third force: Organisational culture shift Fourth force: The future workforce and way of working Fifth force: Broadening diversity lenses
  11. 11. The First Workplace Force: Digital – Justin was right! • The technological singularity • E.g. 1: Internet of Things • E.g. 2: A.I. 3xEs: Everywhere, Everyone, Everything • Robots / RPA • Technology fuels an increase in new competition in all markets (19 days!!) • Mobile tech enabling existing competition and new ways of working, customer experience, marketing and more • 5G • Big Data – and data driven decision making | the need for greater data visualisation (2020 vs 2005) • Cyber security and Big Data risk could cost 6Trillion USD by 2021 … • Protecting customer trust becomes competitive advantage
  12. 12. The Second Workplace Force: The Emperor’s new clothes 40% Not ready with no digital vision 40% NOT committed to adopting one 46% Companies NOT ready
  13. 13. The Third Workplace Force: Culture for NOW • Defining CULTURE for the digital era A thriving digital culture is adapted to the opportunities and threats offered by technology, the disruption of markets, changing customer behaviour and ways of working.
  14. 14. If you want to compete you must embrace the digital and the human touch together and build the new culture around that. A technological voyage, a culture change, take risk, being willing to experiment, be nimble, be focused on the customer, be data driven, be obsessed with continuous change Mr. Piyush Gupta, CEO of DBS Bank 15
  15. 15. The Fourth Workplace Force: Future workforce and ways of working Multiple factors. Multiple outcomes... • Permanent workforce shift - Broadening workforce generational mix • The rise of the blended workforce • Linked to Blended workspaces • Human capital as competitive advantage • Digital as competitive advantage • Digital Nomads Vs Digital Novices
  16. 16. The Fifth Workplace Force: Broadening diversity lenses Remote workers, virtual assistants, contingent versus permanent workers, a widening generational gap in the workforce… Robots, AI, Trans/Adapted human…
  17. 17. To thrive in the face of these forces, eight elements must align to unlock the superpower within your company 18 The 4Cs; Context, Culture, Capability, and Collaboration, the four pillars of an innovative company. The 4Ps; Problem Solving, Passion, Purpose, and Principles are the types of people you want driving your company forward. Source – Scott Bales, May 2019
  18. 18. What needs to happen..?
  19. 19. Mr. Charles Darwin “It’s not the strongest of species that survives, nor the most intelligent… … it’s the one more adaptable to change”
  20. 20. Recent history tells us there is no such thing as “too big to fail” in the digital era “The average lifespan of a Standard and Poor (S&P) 500 company has decreased by more than 50 years in the last century, from 67 years in the 1920s to just 15 years today.” Dr Richard Foster, Yale 6/26/2019 21
  21. 21. In a chronically leaking boat, energy devoted to changing vessels is more productive than energy devoted to patching leaks. ” “ Warren Buffett 22
  22. 22. We have to be more prepared to fail forward
  23. 23. 2020s-ready Execution The Ticking Clock 11-Step Model 24
  24. 24. It’s not a digital transformation, it’s a business model transformation. ” “ 25
  25. 25. Digital Execution – The 11-step “Ticking Clock” model 26 Establish a digital vision Adopt design thinking and agile Restructure to a digital- first culture Learn to experiment and co- create Adopt customer journeys Make digital strategy measurable Protect your customers’ trust Empower employees Build your architecture & evolve ecosystems Develop leadership digital mindset Become data driven and visualize data 11 1 2 3 4 5 67 8 9 10 Future Thinking Future Proofing Centricity: Customer, Culture & Operations Establish a digital vision Adopt design thinking and agile Restructure to a digital- first culture Learn to experiment and co- create Adopt customer journeys Make digital strategy measurable Protect your customers’ trust Empower employees Build your architecture & evolve ecosystems Develop leadership digital mindset Become data driven and visualize data 11 1 2 3 4 5 67 8 9 10 Establish a digital vision Adopt design thinking and agile Restructure to a digital- first culture Learn to experiment and co- create Adopt customer journeys Make digital strategy measurable Protect your customers’ trust Empower employees Build your architecture & evolve ecosystems Develop leadership digital mindset Become data driven and visualize data 11 1 2 3 4 5 67 8 9 10 Future Thinking Future Proofing Centricity: Customer, Culture & Operations Establish a digital vision Adopt design thinking and agile Restructure to a digital- first culture Learn to experiment and co- create Adopt customer journeys Make digital strategy measurable Protect your customers’ trust Empower employees Build your architecture & evolve ecosystems Develop leadership digital mindset Become data driven and visualize data 11 1 2 3 4 5 67 8 9 10 Future Thinking Future Proofing Centricity: Customer, Culture & Operations © Bridges Business Consultancy and PerformanceWorks International
  26. 26. Establish a digital vision Adopt design thinking and agile Restructure to a digital- first culture Learn to experiment and co- create Adopt customer journeys Make digital strategy measurable Protect your customers’ trust Empower employees Build your architecture & evolve ecosystems Develop leadership digital mindset Become data driven and visualize data 11 1 2 3 4 5 67 8 9 10 Future Thinking Future Proofing Centricity: Customer, Culture & Operations Establish a digital vision Adopt design thinking and agile Restructure to a digital- first culture Learn to experiment and co- create Adopt customer journeys Make digital strategy measurable Protect your customers’ trust Empower employees Build your architecture & evolve ecosystems Develop leadership digital mindset Become data driven and visualize data 11 1 2 3 4 5 67 8 9 10 Future Thinking Future Proofing Centricity: Customer, Culture & Operations Digital Execution – The 11-step “Ticking Clock” model 27 © Bridges Business Consultancy and PerformanceWorks International Faded are steps leaders are currently good at.
  27. 27. Concluding our journey  The great acceleration | Varying states of readiness now and looking ahead  The ‘Force 5’ perfect storm  Fail fast, fail often and fail forward  The Ticking Clock© – It’s 4 minutes to midnight  Future Thinking  Centricity  Future Proofing  At it’s heart, success in the 2020s is a HUMAN endeavour enabled By digital tech 28

×