The world is moving faster than ever before - are you in control of your business, or are you distracted. A digital business changes its approach in five key areas.
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5 areas of focus to survive in a digital world
1. 5 areas of focus
to survive in a
digital world
The world is moving faster than ever before – are you
in control of your business, or are you distracted?
David Reiss, Propositions Manager, Spark Digital
3. I have strong
childhood memories
of family car trips
where my poor father
had to deal with
distractions like
bored and fighting
kids, an over-heated
engine and frequent
map checks.
4. This constant attention inside the vehicle
could have been very dangerous in an
emergency by limiting his ability to react.
14. Passionate and loyal customers
Deliver the personalised experience
that each customer demands before your
competitors do.
15. WORKING ENVIRONMENT
As our population ages, there’s an
increasing skills shortage and risk
of intellectual property loss.
16. Source: Mortimer & Alpass
WORKING ENVIRONMENT
The labour force is shrinking.
By 2051, 1 in 4 New Zealanders will
be 65 years and older.
17. Productive and happy staff
Implement digital working styles that give
your team the flexibility to work any time or
place to serve your customers better and
attract and retain the best people.
19. Source: Ray Wang, Principal Analyst, Constellation Research
PERFORMANCE MANAGEMENT
Since 2000, 52% of companies in the
Fortune 500 have either gone bankrupt,
been acquired, ceased to exist or dropped
out of the Fortune 500.
23. Innovation valued by customers
Change to agile project management
driven by customer needs and regularly
tested by them.
24. DIGITAL TECHNOLOGY
The business world is getting a digital makeover.
Challengers are digital from the outset and disrupt
entire industries in an alarmingly short time.
25. DIGITAL TECHNOLOGY
Executives expect digital disruption will displace
40% of incumbent companies within the next five
years. Yet only 25% describe their approach
to digital disruption as proactive.
Source: Digital Vortex: How Digital Disruption is Redefining Industries
26. Strong future in the digital world
Make technology the core of your business
strategy to be relevant in the future.
27. The world is moving too fast to be safe if
you are distracted by internal noise and
frequent glances in the rear-view mirror.
29. Now is the time
to change your
focus, embrace
technology and
enjoy the ride.
30. David Reiss, Propositions Manager, Spark Digital
Follow David Reiss on LinkedIn for his regular posts
on digital transformation, disruption and innovation.
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