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Expert talk strategic building blocks for the digital transformation strategy
The document discusses strategic building blocks for digital transformation. It outlines the digital enterprise wave driven by technologies like cloud, social, and mobile. To successfully transform, companies need a digital mindset and thinking, not just point solutions. The 8 key strategic building blocks for digital transformation are discussed and include culture, leadership, continuous reinvention, getting creative, and balancing internal and external efforts. Design thinking is also emphasized.
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Expert talk strategic building blocks for the digital transformation strategy
- 1. Strategic Building Blocksfor the Digital Transformation Strategy Enterprise 2.0 SUMMIT Paris | 4 February 2015 David Terrar | Founder & CXO – Agile Elephant | @DT on Twitter innovation | digital transformation | value creation | (r)evolution
- 2. “The illiterate ofthe 21st century will not be those who cannot read and write, but those who cannot learn, unlearn, and relearn. ” Alvin Toffler
- 3. Agenda • About thenew business landscape • Digital Enterprise Wave • Who owns the future? • The Management Shift • Leading Digital • How do you transform? • 8 Strategic Building Blocks • The key message
- 4. Hang on -can you explain this new digital landscape?
- 5. "Move bits, notatoms." January 1995
- 7. Your business model isunder threat!
- 8. Necessity is the motherof invention
- 9. Reinvention is the motherof necessity
- 10. The Digital EnterpriseWave ride it or go under!
- 11. Infrastructure Connectivity Internet WiFi 3G & 4G HumanFactors Entrepreneurship Crowdsourcing Millennials Economic Outsourcing Offshoring Low cost
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- 16. The Big Shift CloudSocial Mobile
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- 18. Emerging Technologies Internet ofThings Big Data & Analytics 3D Printing Artificial Intelligence
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- 20. “Business as Usual”Thinking Point Social Media Solutions Siloed Communities Lack of Integration Legacy Systems of Record Business as Usual
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- 22. We need “Digital”Thinking Digital and Social inside and out Business Model Innovation Systems of Engagement Design Thinking
- 23. Strategy Skills Staff “Shared Values” Structure Systems Style Hard Systems Soft Systems Integrates “hard” and “soft” business systems in a structured way “technology neutral” Includes employee engagement Proven approach Especially useful for lessons in managing major change McKinsey 7 “S” Model
- 24.
- 25. “The greatest dangerin times of turbulence is not the turbulence – it is to act with yesterday’s logic.” Peter Drucker
- 27. “At the heightof its power, the photography company Kodak employed more than 140,000 people and was worth $28 billion. They even invented the first digital camera. But today Kodak is bankrupt, and the new face of digital photography has become Instagram. When Instagram was sold to Facebook for $1 billion, it employed only 13 people. Where did all those jobs disappear? And what happened to the wealth that all those middle-class jobs created?” Jaron Lanier
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- 32. What are thebuilding blocks?
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- 34. Leadership mindset, teamwork, vision,purpose, openness, sharing
- 35. No One SizeFits All
- 36. End to EndSolution Strategy Skills Staff “Shared Values” Structure Systems Style
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- 38. Get Creative make innovation,thinking, experimenting a natural part of your working practice
- 39. Balance – Insideand Out not just the customer experience, but employees, suppliers, stakeholders
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- 41. The 8 BuildingBlocks
- 42. References Not for reading– just for reference http://en.wikipedia.org/wiki/Nicholas_Negroponte http://en.wikipedia.org/wiki/Being_Digital http://adjuvi.com/what-is-digital-business-is-it-e-commerce-the-collaborative-economy-or-apis-yes/ http://www.jaronlanier.com/futurewebresources.html http://www.themanagementshift.com/ http://www.amazon.co.uk/Leading-Digital-Technology-Business-Transformation-ebook/dp/B00NE6M G0Y/ref=sr_1_1?s=books&ie=UTF8&qid=1416926793&sr=1-1&keywords=leading+digital http://spartinaconsulting.com/our-services/culture-leadership-values https://www.flickr.com/photos/marine_corps/6032659138 http://www.compendian.com/2014/12/do-you-provide-a-one-size-fits-all-approach http://gapingvoid.com/2011/07/28/permanent-state/ http://themindunleashed.org/2014/10/understanding-flow-eight-steps-enhancing-creativity-product ivity.html http://scn.sap.com/people/community.user/blog/2008/12/31/knowledge-management-in-crm http://dschool.stanford.edu/fellowships/2013/10/23/a-design-thinkers-cheat-sheet/
- 43. David Terrar Agile Elephant| techUK | EuroCloud UK p: +44 (0)1727 866309 m: +44 (0)7715 159423 e: david@theagileelephant.com w: www.theagileelephant.com skype: david_terrar twitter: http://twittter.com/DT @DT linkedin: http://www.linkedin.com/in/davidterrar blog: http://theagileelephant.com/blog & http://medium.com/@DT innovation | digital transformation | value creation | (r)evolution