WE
ARE OXYGN
Enterprise Digital Transformation
Digital customers’
excellence
instead should be
the main driver of
the digital
transformation in
any company of
any size.
RECENT RESEARCH
COMING OUT OF THE
ALTIMETER GROUP
TITLED 'DIGITAL
TRANSFORMATION’
has exposed that companies
that have allowed their digital
transformation to be driven
by technology are doing
themselves a vast injustice
WE
ARE OXYGN
Enterprise Digital Transformation
A ONE-SIZE-
FITS-ALL
approach
to digital
transformation
doesn't exist.
DIGITAL
TRANSFORMATION
AS NEW:
models
team structures
customer-centered beliefs
WE
ARE OXYGN
Enterprise Digital Transformation
“A lot of times,
people are looking
for the
prescription, ..... but,
unfortunately,
there isn’t one.”
- Altimeter Group
principal, Brian Solis
MOST OF THE TIME,
PEOPLE ARE ON THE OUTLOOK FOR A PARTICULAR
PRESCRIPTION, THOUGH IN REALITY NONE EXISTS.
WE
ARE OXYGN
Enterprise Digital Transformation
Solis went on
to note that there
were many moving
parts which caused
the movement of
companies towards
the digital
transformation.
WE
ARE OXYGN
Enterprise Digital Transformation
WE
ARE OXYGN
Enterprise Digital Transformation
Many more companies are
moving towards the
FORESEEABLE FUTURE OF
FOCUSED CUSTOMER
EXPERIENCE.
WE
ARE OXYGN
Enterprise Digital Transformation
FACTORS THAT
HAVE TRIGGERED
THE DIGITAL
TRANSFORMATIO
N HAVE NOT BEEN
CUSTOMER-DRIVEN,
BUT RATHER
TECHNOLOGY-
DRIVEN.
The net effect, lot of firms have
launched their move towards the
digital transformation but were
finding out that they are not
meeting the expectations of their
digital customers.
WE
ARE OXYGN
Enterprise Digital Transformation The research shows that
most companies have a
customer experience that's
founded on assumptions that
whenever they approached
this matter, it was technology
on their mind without taking
time to understand the
behaviour and need of the
digital consumer.
A GREAT NEED FOR
ORGANISATIONS TO FOCUS
ON AN APPROACH THAT IS
CUSTOMER-CENTRED IN
THEIR MOVE TOWARDS
DIGITAL TRANSFORMATION.
WE
ARE OXYGN
Enterprise Digital Transformation
Solis noted that many
brands believed that they
would succeed to capture
the largest market share if
they invested heavily
where everyone was
flocking to and if they
increased their digital
strategies.He however
noted that that
kind of thinking
and belief was
very far from the
truth.
IT IS INEVITABLE THAT EVERY
FIRM WOULD EVENTUALLY
BECOME DIGITAL WITH AN
ALL-ROUND DIGITAL
EXPERIENCE,
THOUGH IT WOULD NOT
NECESSARILY MAKE THE
ORGANISATION OMNICHANNEL
IF THE NECESSARY DETAILS
WERE NOT INCLUDED IN
THE WHOLE OPERATION.
WE
ARE OXYGN
WE
ARE OXYGN
Enterprise Digital Transformation
THE MAJORITY OF THE
ORGANISATIONS ARE
STILL STUCK IN THE
FUNNEL MODEL.
Where one individual is in charge
of the technical transformation
efforts (cloud computing
strategies, mobile strategies),
another dealt with the social
media aspect while the third was
in charge of the Web commerce;
But the struggle was that none of
these three individuals ever
interacted or collaborated in their
efforts and work.
WE
ARE OXYGN
Enterprise Digital Transformation
Solis also outlined the role
of CMOs as one where they
were expected to guide the
firm away from the broken
and dysfunctional models
operating
today and help to rebuild
afresh for the emerging
digital generation of
consumers. 	
  
THIS MOVE WOULD LEAD TO DIFFERENT
ACTIONS FOR DIFFERENT COMPANIES;
FOR SOME, IT WOULD REQUIRE THAT PEOPLE
ARE MOVED TOGETHER WHILE FOR OTHERS
IT WOULD REQUIRE THAT
PEOPLE ARE MOVED APART.
WE
ARE OXYGN
Enterprise Digital Transformation
NONE OF THE ORGANISATIONS
COULD CONFIDENTLY SAY
THAT THEY HAD FULLY
MANAGED TO MAKE THE
DIGITAL TRANSFORMATION.
Solis reiterated that the
research aimed at
identifying the
practices and activities
that were common
and similar
for all the businesses
that were making the
digital transformation
move.
Each one of them acknowledged that it
was a journey of growth they were
embarking on and they realised that
they were creating the future business
models for themselves.
WE
ARE OXYGN
Enterprise Digital Transformation
3 MAIN
SIMILARITIES	
  
AMONG THE COMPANIES
THAT ALTIMETER GOT TO
SPEAK TO
1ST	
  
These companies had someone who was
in charge of the digital transformation.
The individual outlined and defined the
transformation and pointed out how it
would be different. A digital leader had a
vital role according to Solis.
It is obvious that social business concepts
enabled various executives to go beyond
the conventional hierarchy through
encouraging the employees to
collaborate, communicate and connect
beyond the long-established boundaries.
However, there was still the need
for somebody to clarify the vision
and outline how the firm would be
involved in the competition with
other related markets and how the
firm would come up with value for
the digital client.
	
  
WE
ARE OXYGN
Enterprise Digital Transformation
These leading
companies had
discovered that the
journey of the
customer had taken a
different turn through
the data available, and
they were able to
make the necessary
changes for the new
transition.	
  
These companies took time
to understand the needs and
expectations of their digital
customers, thus the
decisions they made were
supported by both insight
and data. The report by
Altimeter indicated that
companies in the forefront
ensured that change was
centred on people.
2ND	
  
WE
ARE OXYGN
Enterprise Digital Transformation
This team acted as a
business unit with several
functions and was usually
referred to as the centre
of excellence that
devoted all its efforts
towards improving the
overall experience of the
digital customer.
Motorola came up with the MIT group thus combined IT
and marketing.
Sephora and Starbucks also came up with teams that had several
functions with an aim of ensuring the customer’s journey became more
meaningful and that the experiences of the customers in the transition
were seamless.
lastly	
  
WE
ARE OXYGN
Enterprise Digital Transformation
EVERYBODY HAD INDICATED THAT
THE DIGITAL TRANSFORMATION
WAS SIMILAR TO A LONG
DISTANCE RACE.
The moment you ask people to make adjustments and view the
world differently, it brings about self-preservation and fear.
WE
ARE OXYGN
Enterprise Digital Transformation

The state of Enterprise Digital Transformation - CEO roundtable presentation

  • 1.
    WE ARE OXYGN Enterprise DigitalTransformation Digital customers’ excellence instead should be the main driver of the digital transformation in any company of any size. RECENT RESEARCH COMING OUT OF THE ALTIMETER GROUP TITLED 'DIGITAL TRANSFORMATION’ has exposed that companies that have allowed their digital transformation to be driven by technology are doing themselves a vast injustice
  • 2.
    WE ARE OXYGN Enterprise DigitalTransformation A ONE-SIZE- FITS-ALL approach to digital transformation doesn't exist. DIGITAL TRANSFORMATION AS NEW: models team structures customer-centered beliefs
  • 3.
    WE ARE OXYGN Enterprise DigitalTransformation “A lot of times, people are looking for the prescription, ..... but, unfortunately, there isn’t one.” - Altimeter Group principal, Brian Solis MOST OF THE TIME, PEOPLE ARE ON THE OUTLOOK FOR A PARTICULAR PRESCRIPTION, THOUGH IN REALITY NONE EXISTS.
  • 4.
    WE ARE OXYGN Enterprise DigitalTransformation Solis went on to note that there were many moving parts which caused the movement of companies towards the digital transformation.
  • 5.
    WE ARE OXYGN Enterprise DigitalTransformation WE ARE OXYGN Enterprise Digital Transformation Many more companies are moving towards the FORESEEABLE FUTURE OF FOCUSED CUSTOMER EXPERIENCE.
  • 6.
    WE ARE OXYGN Enterprise DigitalTransformation FACTORS THAT HAVE TRIGGERED THE DIGITAL TRANSFORMATIO N HAVE NOT BEEN CUSTOMER-DRIVEN, BUT RATHER TECHNOLOGY- DRIVEN. The net effect, lot of firms have launched their move towards the digital transformation but were finding out that they are not meeting the expectations of their digital customers.
  • 7.
    WE ARE OXYGN Enterprise DigitalTransformation The research shows that most companies have a customer experience that's founded on assumptions that whenever they approached this matter, it was technology on their mind without taking time to understand the behaviour and need of the digital consumer. A GREAT NEED FOR ORGANISATIONS TO FOCUS ON AN APPROACH THAT IS CUSTOMER-CENTRED IN THEIR MOVE TOWARDS DIGITAL TRANSFORMATION.
  • 8.
    WE ARE OXYGN Enterprise DigitalTransformation Solis noted that many brands believed that they would succeed to capture the largest market share if they invested heavily where everyone was flocking to and if they increased their digital strategies.He however noted that that kind of thinking and belief was very far from the truth. IT IS INEVITABLE THAT EVERY FIRM WOULD EVENTUALLY BECOME DIGITAL WITH AN ALL-ROUND DIGITAL EXPERIENCE, THOUGH IT WOULD NOT NECESSARILY MAKE THE ORGANISATION OMNICHANNEL IF THE NECESSARY DETAILS WERE NOT INCLUDED IN THE WHOLE OPERATION. WE ARE OXYGN
  • 9.
    WE ARE OXYGN Enterprise DigitalTransformation THE MAJORITY OF THE ORGANISATIONS ARE STILL STUCK IN THE FUNNEL MODEL. Where one individual is in charge of the technical transformation efforts (cloud computing strategies, mobile strategies), another dealt with the social media aspect while the third was in charge of the Web commerce; But the struggle was that none of these three individuals ever interacted or collaborated in their efforts and work.
  • 10.
    WE ARE OXYGN Enterprise DigitalTransformation Solis also outlined the role of CMOs as one where they were expected to guide the firm away from the broken and dysfunctional models operating today and help to rebuild afresh for the emerging digital generation of consumers.   THIS MOVE WOULD LEAD TO DIFFERENT ACTIONS FOR DIFFERENT COMPANIES; FOR SOME, IT WOULD REQUIRE THAT PEOPLE ARE MOVED TOGETHER WHILE FOR OTHERS IT WOULD REQUIRE THAT PEOPLE ARE MOVED APART.
  • 11.
    WE ARE OXYGN Enterprise DigitalTransformation NONE OF THE ORGANISATIONS COULD CONFIDENTLY SAY THAT THEY HAD FULLY MANAGED TO MAKE THE DIGITAL TRANSFORMATION. Solis reiterated that the research aimed at identifying the practices and activities that were common and similar for all the businesses that were making the digital transformation move. Each one of them acknowledged that it was a journey of growth they were embarking on and they realised that they were creating the future business models for themselves.
  • 12.
    WE ARE OXYGN Enterprise DigitalTransformation 3 MAIN SIMILARITIES   AMONG THE COMPANIES THAT ALTIMETER GOT TO SPEAK TO 1ST   These companies had someone who was in charge of the digital transformation. The individual outlined and defined the transformation and pointed out how it would be different. A digital leader had a vital role according to Solis. It is obvious that social business concepts enabled various executives to go beyond the conventional hierarchy through encouraging the employees to collaborate, communicate and connect beyond the long-established boundaries. However, there was still the need for somebody to clarify the vision and outline how the firm would be involved in the competition with other related markets and how the firm would come up with value for the digital client.  
  • 13.
    WE ARE OXYGN Enterprise DigitalTransformation These leading companies had discovered that the journey of the customer had taken a different turn through the data available, and they were able to make the necessary changes for the new transition.   These companies took time to understand the needs and expectations of their digital customers, thus the decisions they made were supported by both insight and data. The report by Altimeter indicated that companies in the forefront ensured that change was centred on people. 2ND  
  • 14.
    WE ARE OXYGN Enterprise DigitalTransformation This team acted as a business unit with several functions and was usually referred to as the centre of excellence that devoted all its efforts towards improving the overall experience of the digital customer. Motorola came up with the MIT group thus combined IT and marketing. Sephora and Starbucks also came up with teams that had several functions with an aim of ensuring the customer’s journey became more meaningful and that the experiences of the customers in the transition were seamless. lastly  
  • 15.
    WE ARE OXYGN Enterprise DigitalTransformation EVERYBODY HAD INDICATED THAT THE DIGITAL TRANSFORMATION WAS SIMILAR TO A LONG DISTANCE RACE. The moment you ask people to make adjustments and view the world differently, it brings about self-preservation and fear. WE ARE OXYGN Enterprise Digital Transformation