There is a high chance that when somebody says “digital transformation,” they mean something else. But what is it & how can you disrupt others or self-disrupt?
A companion to the blog post on digital transformation here https://goo.gl/UpRC9X
The document contains advance praise from numerous leaders in business, government, technology, and academia for the book "Digital Transformation" by Thomas Siebel. The praise highlights how the book explains the technologies of artificial intelligence, cloud computing, big data, and the internet of things that are driving massive changes in nations, industries, and corporations. Several of the endorsements emphasize that the book is an essential read for any leader seeking to understand and navigate the challenges and opportunities of digital transformation.
CSC Report: Digital Disruptions: Technology Innovations Powering 21st Century Business
Serialized on Forbes.com, and acclaimed by eWeek, The Financial Times, Signal Magazine et al.
This document summarizes Mehmet Subaşı's presentation on the keys of the digital economy. The presentation outlines 7 keys: 1) start with strategy and understand customer needs, 2) create a dream team with various digital skills, 3) embrace change and be fast, agile and don't give up. It emphasizes the importance of the digital transformation and opportunities it provides but also cautions against hype and the importance of business fundamentals.
Disruptive intermediaries - looking to start-ups to find innovative digital ...Ben Gilchriest
Digital Disruption is reshaping the business world, challenging established business models and making many time-tested formulas for success obsolete. If old business models are obsolete, then where are the new, emergent business models coming from? This paper looks to the start-up community to see what large enterprises can learn from the successful, repeatable digital business models these companies have created. Based on extensive research we explore and define these models and how incumbent businesses can apply them to gain a market advantage.
Disruptive Technologies: Impact on Strategic Alliances, Partnerships & ChannelsPhil Hogg
This document discusses disruptive technologies and their impact on strategic alliances, partnerships, and channels. It begins with an introduction to disruptive technology theory, using examples of how seemingly great companies like Kodak and Blockbuster failed due to disruptive innovations. It then covers key enabling technologies of disruption like mobile internet and cloud computing. Finally, it discusses winning partnership strategies to exploit disruptive technologies through strategic alliances and partnerships.
This document discusses how to spot and respond to digital disruption. It begins by providing an example of how Uber and Lyft disrupted taxi services at San Francisco International Airport and how the airport responded. It then defines digital disruption and disruptors. Digital disruptors are organizations that use digital capabilities like new technologies or business models to drive fundamental shifts in their market.
The document discusses four elements of digital disruption: business, technology, industry, and society. It provides examples of well-known digital disruptors like Facebook, Netflix, Google, and Amazon and how they impacted these elements. It also categorizes potential disruptors. Key points for spotting disruption include separating fads from long-term impacts, monitoring customer behavior and investment trends
The document provides an agenda for the CIO Perspectives San Francisco event happening on May 20, 2015. The agenda includes sessions on building partnerships with startups, disruptive technologies, talent management, digital innovation strategies, IT-business collaboration challenges, emerging technologies, and envisioning the future role of the CIO. Key speakers include executives from Coca-Cola, Genentech, CBS Interactive, and startup companies. The day-long event includes presentations, panel discussions, and a workshop focused on crowdsourcing ideas around the evolving role of the CIO.
The document discusses how the transition to the digital economy has changed the role of the CIO. It describes how work is becoming more collaborative and mobile as work is defined by where people choose to work rather than fixed offices. The strategic role of the CIO needs to shift from technology manager to business enabler by using technologies like big data, social media, and mobility to help the business deliver more value. The CIO should take action to build trust with other executives and propose solutions aligned with business strategy to remain a critical lynchpin between IT and the organization.
The document contains advance praise from numerous leaders in business, government, technology, and academia for the book "Digital Transformation" by Thomas Siebel. The praise highlights how the book explains the technologies of artificial intelligence, cloud computing, big data, and the internet of things that are driving massive changes in nations, industries, and corporations. Several of the endorsements emphasize that the book is an essential read for any leader seeking to understand and navigate the challenges and opportunities of digital transformation.
CSC Report: Digital Disruptions: Technology Innovations Powering 21st Century Business
Serialized on Forbes.com, and acclaimed by eWeek, The Financial Times, Signal Magazine et al.
This document summarizes Mehmet Subaşı's presentation on the keys of the digital economy. The presentation outlines 7 keys: 1) start with strategy and understand customer needs, 2) create a dream team with various digital skills, 3) embrace change and be fast, agile and don't give up. It emphasizes the importance of the digital transformation and opportunities it provides but also cautions against hype and the importance of business fundamentals.
Disruptive intermediaries - looking to start-ups to find innovative digital ...Ben Gilchriest
Digital Disruption is reshaping the business world, challenging established business models and making many time-tested formulas for success obsolete. If old business models are obsolete, then where are the new, emergent business models coming from? This paper looks to the start-up community to see what large enterprises can learn from the successful, repeatable digital business models these companies have created. Based on extensive research we explore and define these models and how incumbent businesses can apply them to gain a market advantage.
Disruptive Technologies: Impact on Strategic Alliances, Partnerships & ChannelsPhil Hogg
This document discusses disruptive technologies and their impact on strategic alliances, partnerships, and channels. It begins with an introduction to disruptive technology theory, using examples of how seemingly great companies like Kodak and Blockbuster failed due to disruptive innovations. It then covers key enabling technologies of disruption like mobile internet and cloud computing. Finally, it discusses winning partnership strategies to exploit disruptive technologies through strategic alliances and partnerships.
This document discusses how to spot and respond to digital disruption. It begins by providing an example of how Uber and Lyft disrupted taxi services at San Francisco International Airport and how the airport responded. It then defines digital disruption and disruptors. Digital disruptors are organizations that use digital capabilities like new technologies or business models to drive fundamental shifts in their market.
The document discusses four elements of digital disruption: business, technology, industry, and society. It provides examples of well-known digital disruptors like Facebook, Netflix, Google, and Amazon and how they impacted these elements. It also categorizes potential disruptors. Key points for spotting disruption include separating fads from long-term impacts, monitoring customer behavior and investment trends
The document provides an agenda for the CIO Perspectives San Francisco event happening on May 20, 2015. The agenda includes sessions on building partnerships with startups, disruptive technologies, talent management, digital innovation strategies, IT-business collaboration challenges, emerging technologies, and envisioning the future role of the CIO. Key speakers include executives from Coca-Cola, Genentech, CBS Interactive, and startup companies. The day-long event includes presentations, panel discussions, and a workshop focused on crowdsourcing ideas around the evolving role of the CIO.
The document discusses how the transition to the digital economy has changed the role of the CIO. It describes how work is becoming more collaborative and mobile as work is defined by where people choose to work rather than fixed offices. The strategic role of the CIO needs to shift from technology manager to business enabler by using technologies like big data, social media, and mobility to help the business deliver more value. The CIO should take action to build trust with other executives and propose solutions aligned with business strategy to remain a critical lynchpin between IT and the organization.
Customer Experience new Normal imperatives and Digital Transformation Blue-P...Souhail Haddaji
Extract from a larger presentation delivered during 2015 TMForum at Nice, France, about customer experience new normal imperatives and Digital Transformation blue-print for Telecommunications Operators.
Disruptive Intermediaries; how start-ups disrupt established businessesBen Gilchriest
Digital Disruptive Intermediaries (DDIs) are new digital businesses that disrupt established business models by changing how value is created and distributed in markets. DDIs exploit information asymmetries rather than physical assets, allowing them to grow and cause disruption rapidly. The report examines eight archetypes of DDIs and how they innovate, such as digital stores that aggregate supplier offers online, content hubs that provide on-demand media, and sharing hubs for user-generated content. Incumbent businesses are advised to understand how DDIs change value flows in order to identify opportunities and threats from disruption.
This webinar presentation discusses digital transformation and how companies can adapt to changing consumer expectations and behaviors in the digital age. The presentation defines digital transformation as realigning technology and business models to engage customers at every touchpoint. It discusses how mapping customer journeys can reveal how consumer habits now outpace organizations. The presentation also addresses common inhibitors to change and recommends forming cross-functional digital teams with clear roles and direct executive support to drive transformation initiatives.
Digital transformation sweet spot: Business operationsMarcel Santilli
Learn more: https://insights.hpe.com
Your enterprise can digitally transform by gaining insights from your data to improve the experience for your customers.
Enterprises need to make over all aspects of their business, because today’s customers expect frictionless experiences — and because new competitors launched with the latest technologies can change and respond to customers faster than mature companies.
Start with the fact that your enterprise has valuable assets that start-ups don’t — your customers. Fostering loyalty among these customers requires improving their interaction with not only your products and services, but also sales, billing, support and shipping operations. Successful companies count on digital technologies to transform the total customer experience. As consumers, we’ve come to expect digitally enabled products as the new normal. But what’s the next step for your enterprise? Find ways to translate into their business lives what people love and expect as consumers.
Enterprises can learn from the digital leaders who look for ways that apps and data can be added to products to create new value over time. Digital leaders use what they learn from the data to reshape core operations to drive the enterprise forward. What’s considered a core operation varies from industry to industry, but the common characteristic is that core operations make up a sizable portion of the enterprise budget. Gaining even a modest amount of efficiency through digital transformation can significantly impact the bottom line. Data also can be used to predict mechanical failure and to schedule preventive maintenance to avoid business disruptions.
Digital transformation begins with data. So how can your enterprise gain insights from your data to improve the experience for your customers?
The document discusses digital disruption and transformation. It defines big bang disruption as a dramatic new innovation that can deliver products or services that are cheaper and better. It also discusses the mindset needed for digital transformation and the traits and competencies of digital transformation leaders. The areas of digital transformation include business activities, processes, models, ecosystems, and assets. Finally, the document outlines steps for developing a digital strategy, including researching local problems, building prototypes, launching beta versions, marketing for conversions, and campaigning for mass adoption.
The document discusses the need for a new approach to managing IT in today's digital businesses. It argues that traditional IT models focused on stability and accuracy are no longer suitable and that IT must become more agile to enable business agility. Several existing frameworks for managing hybrid legacy and new systems are described but found lacking. A new approach is needed to help IT organizations adapt and deliver the fast, flexible capabilities required for digital business success.
The document discusses how digital technology will drive transformation in the non-profit sector. It finds that leadership is key, as digital change affects all aspects of organizations. However, many leaders have not embraced this change and delegated digital responsibilities. The report provides insights on leadership themes like inspiring change, prioritizing innovation, and creating the right culture for digital transformation. It calls for bold, pioneering leadership to seize the opportunity and guide organizations through this period of flux.
The document discusses how digital disruption is driving a transition to a new digital economy. It notes that 52% of Fortune 500 companies have been replaced since 2000 due to digital disruption. The new digital economy is driven by the convergence of social, mobile, analytics, big data, cloud computing and other technologies, creating both disruption and opportunities for innovation. It provides examples of how industries like transportation, education, finance and telecommunications may be disrupted. It argues that big companies need to undergo digital transformation to remain competitive in this new environment.
The document provides an overview of digitalization, automation, and the three primary technologies enabling job automation: artificial intelligence, machine learning, and robotics. It defines key terms like digitalization and discusses the history and development of digitalization. The overview aims to establish an understanding of these concepts before assessing their potential to substitute human labor.
This document discusses key factors for organizations to improve their digital maturity: digital leadership, organizational structure, and digital talent management. It features case studies of digital leaders who have adopted flat hierarchies, focused on outcomes over processes, and recognized the need to acquire new digital skills through talent acquisition. Organizations are struggling to develop digital capabilities organically and must consider restructuring to four types: centralized digital teams, business-led digital functions, digital business units, and fully digital enterprises. Mobility and flexibility of the workforce is also crucial to remain relevant as technology automates more jobs.
This document discusses how the digital revolution is disrupting businesses and requires them to transform. It notes that technology growth is exponential, forcing companies to adapt quickly or risk going extinct like those unable to change. The digital revolution blurs digital and physical worlds and new business models using technology have disrupted film, taxi, and hotel industries. To prepare, companies must reinforce existing operations, revitalize and reinvent business models, and retool, retrain and refresh talent and partnerships. The digital revolution is here and will devour those not ready to change.
Disruption and digital disruption 2016Dirk Laverge
disruption in our economy, and the impact of digital transformation
1) trends
2) drivers for change
3) business models
4) how to respond to the disruption?
Next Wave of Fintech: Redefining Financial Services through TechnologyRobin Teigland
The Stockholm School of Economics and PA Consulting present The Next wave of Fintech, a sequel to the 2015 Stockholm Fintech Report, focusing on the new InsurTech and RegTech segments. The report, which describes and quantifies the Swedish market for these segments, contains valuable insights and recommendations for decision makers at banks, incubators, startup companies, public authorities and investors.
Grib mulighederne med seneste IT trends- få Microsoft overblikket og nyhederneMicrosoft
Den markante digitale udvikling og nye mega trends skaber spændende muligheder for dig som IT ansvarlig. Grib muligheder inden for Produktivitet, Cloud, Big Data, Enterprise Social og Forretningsapplikationer, så du sikrer at IT understøtter forretningen og løbende er på forkant med udviklingen. Kom og hør hvordan Microsoft med sin samlede pallette af løsninger mener, at kunne hjælpe dig med at løfte din virksomhed ind i fremtiden. Der er altid nye muligheder med de nyeste løsninger. Teknologi Direktør Ole Kjeldsen vil i samarbejde med Microsofts løsningsansvarlige sætte scenen for Microsoft Next. Få et indblik i løsningernes sammenhæng og se demonstrationer af de nyeste elementer.
Building Blocks for the Enterprise of the Digital Age | Enterprise Digital Su...Dion Hinchcliffe
I gave the closing keynote to Enterprise Digital Summit Paris 2016 earlier this month to explore today's building blocks in creating a truly digital organization. People are the most important building block, but after that it's the key components of digital workplace, digital business, and the transformation it takes to get there. Lastly, we need a platform for change at scale. I increasingly believe that is online communities of change agents.
Fast Thinking: Reinventing Strategy for a Digitally-Disrupted WorldCapgemini
- Companies should pay attention to where startups are addressing customer pain points and identifying areas where their business model is making customers unhappy in order to anticipate disruptions. Leading indicators like new products from unconventional competitors gaining popularity can provide early warnings.
- Most companies focus too much on short-term operations and lagging financial indicators rather than considering future threats from leading indicators. The print news industry failed to anticipate digital disruption because executives focused on costs like union contracts rather than the shift to digital.
- When faced with disruption, companies typically go through stages of denial, alarm, and then trying to stamp out the disruption rather than adapting. Successfully responding requires openness to change, collaboration between divisions, and a willingness to abandon
The year 2027? How the new industrial revolution is influencing value creat...Robin Teigland
The document discusses how digital technologies are driving changes that will influence value creation over the next decade. Rapid digital disruption has caused over half of Fortune 500 companies to disappear since 2000. While digital penetration is still low, digitalization is placing pressure on revenue and profits for all industries. New business models like platforms and ecosystems are emerging, enabled by advances in areas like artificial intelligence, blockchain, and 3D printing. This is shifting the nature of work and requiring organizations to rapidly change or risk becoming obsolete.
Business Analysis & The Impact of Disruptive TechnologiesChristian Kobsa
By the year 2050 the world we live in will be significantly different from now. Not only do technological changes continue to occur, but the rate at which these changes happen is accelerating. In addition, many of the new technologies will revolutionize the we work, socialize and live our lives.
Gartner named customer data platforms (CDPs) one of the key technologies that will demand marketers’ attention in 2018. Michael Katz, Cofounder and CEO of mParticle, explains why CDPs are not just another acronym and how consumer brands ranging from Airbnb to NBCUniversal to Zappos are using them to optimize omnichannel customer experiences and marketing outcomes, in all the moments that matter.
Originally presented at AdExchanger Industry Preview 2018 by Michael Katz, Cofounder and CEO, mParticle.
Customer Experience new Normal imperatives and Digital Transformation Blue-P...Souhail Haddaji
Extract from a larger presentation delivered during 2015 TMForum at Nice, France, about customer experience new normal imperatives and Digital Transformation blue-print for Telecommunications Operators.
Disruptive Intermediaries; how start-ups disrupt established businessesBen Gilchriest
Digital Disruptive Intermediaries (DDIs) are new digital businesses that disrupt established business models by changing how value is created and distributed in markets. DDIs exploit information asymmetries rather than physical assets, allowing them to grow and cause disruption rapidly. The report examines eight archetypes of DDIs and how they innovate, such as digital stores that aggregate supplier offers online, content hubs that provide on-demand media, and sharing hubs for user-generated content. Incumbent businesses are advised to understand how DDIs change value flows in order to identify opportunities and threats from disruption.
This webinar presentation discusses digital transformation and how companies can adapt to changing consumer expectations and behaviors in the digital age. The presentation defines digital transformation as realigning technology and business models to engage customers at every touchpoint. It discusses how mapping customer journeys can reveal how consumer habits now outpace organizations. The presentation also addresses common inhibitors to change and recommends forming cross-functional digital teams with clear roles and direct executive support to drive transformation initiatives.
Digital transformation sweet spot: Business operationsMarcel Santilli
Learn more: https://insights.hpe.com
Your enterprise can digitally transform by gaining insights from your data to improve the experience for your customers.
Enterprises need to make over all aspects of their business, because today’s customers expect frictionless experiences — and because new competitors launched with the latest technologies can change and respond to customers faster than mature companies.
Start with the fact that your enterprise has valuable assets that start-ups don’t — your customers. Fostering loyalty among these customers requires improving their interaction with not only your products and services, but also sales, billing, support and shipping operations. Successful companies count on digital technologies to transform the total customer experience. As consumers, we’ve come to expect digitally enabled products as the new normal. But what’s the next step for your enterprise? Find ways to translate into their business lives what people love and expect as consumers.
Enterprises can learn from the digital leaders who look for ways that apps and data can be added to products to create new value over time. Digital leaders use what they learn from the data to reshape core operations to drive the enterprise forward. What’s considered a core operation varies from industry to industry, but the common characteristic is that core operations make up a sizable portion of the enterprise budget. Gaining even a modest amount of efficiency through digital transformation can significantly impact the bottom line. Data also can be used to predict mechanical failure and to schedule preventive maintenance to avoid business disruptions.
Digital transformation begins with data. So how can your enterprise gain insights from your data to improve the experience for your customers?
The document discusses digital disruption and transformation. It defines big bang disruption as a dramatic new innovation that can deliver products or services that are cheaper and better. It also discusses the mindset needed for digital transformation and the traits and competencies of digital transformation leaders. The areas of digital transformation include business activities, processes, models, ecosystems, and assets. Finally, the document outlines steps for developing a digital strategy, including researching local problems, building prototypes, launching beta versions, marketing for conversions, and campaigning for mass adoption.
The document discusses the need for a new approach to managing IT in today's digital businesses. It argues that traditional IT models focused on stability and accuracy are no longer suitable and that IT must become more agile to enable business agility. Several existing frameworks for managing hybrid legacy and new systems are described but found lacking. A new approach is needed to help IT organizations adapt and deliver the fast, flexible capabilities required for digital business success.
The document discusses how digital technology will drive transformation in the non-profit sector. It finds that leadership is key, as digital change affects all aspects of organizations. However, many leaders have not embraced this change and delegated digital responsibilities. The report provides insights on leadership themes like inspiring change, prioritizing innovation, and creating the right culture for digital transformation. It calls for bold, pioneering leadership to seize the opportunity and guide organizations through this period of flux.
The document discusses how digital disruption is driving a transition to a new digital economy. It notes that 52% of Fortune 500 companies have been replaced since 2000 due to digital disruption. The new digital economy is driven by the convergence of social, mobile, analytics, big data, cloud computing and other technologies, creating both disruption and opportunities for innovation. It provides examples of how industries like transportation, education, finance and telecommunications may be disrupted. It argues that big companies need to undergo digital transformation to remain competitive in this new environment.
The document provides an overview of digitalization, automation, and the three primary technologies enabling job automation: artificial intelligence, machine learning, and robotics. It defines key terms like digitalization and discusses the history and development of digitalization. The overview aims to establish an understanding of these concepts before assessing their potential to substitute human labor.
This document discusses key factors for organizations to improve their digital maturity: digital leadership, organizational structure, and digital talent management. It features case studies of digital leaders who have adopted flat hierarchies, focused on outcomes over processes, and recognized the need to acquire new digital skills through talent acquisition. Organizations are struggling to develop digital capabilities organically and must consider restructuring to four types: centralized digital teams, business-led digital functions, digital business units, and fully digital enterprises. Mobility and flexibility of the workforce is also crucial to remain relevant as technology automates more jobs.
This document discusses how the digital revolution is disrupting businesses and requires them to transform. It notes that technology growth is exponential, forcing companies to adapt quickly or risk going extinct like those unable to change. The digital revolution blurs digital and physical worlds and new business models using technology have disrupted film, taxi, and hotel industries. To prepare, companies must reinforce existing operations, revitalize and reinvent business models, and retool, retrain and refresh talent and partnerships. The digital revolution is here and will devour those not ready to change.
Disruption and digital disruption 2016Dirk Laverge
disruption in our economy, and the impact of digital transformation
1) trends
2) drivers for change
3) business models
4) how to respond to the disruption?
Next Wave of Fintech: Redefining Financial Services through TechnologyRobin Teigland
The Stockholm School of Economics and PA Consulting present The Next wave of Fintech, a sequel to the 2015 Stockholm Fintech Report, focusing on the new InsurTech and RegTech segments. The report, which describes and quantifies the Swedish market for these segments, contains valuable insights and recommendations for decision makers at banks, incubators, startup companies, public authorities and investors.
Grib mulighederne med seneste IT trends- få Microsoft overblikket og nyhederneMicrosoft
Den markante digitale udvikling og nye mega trends skaber spændende muligheder for dig som IT ansvarlig. Grib muligheder inden for Produktivitet, Cloud, Big Data, Enterprise Social og Forretningsapplikationer, så du sikrer at IT understøtter forretningen og løbende er på forkant med udviklingen. Kom og hør hvordan Microsoft med sin samlede pallette af løsninger mener, at kunne hjælpe dig med at løfte din virksomhed ind i fremtiden. Der er altid nye muligheder med de nyeste løsninger. Teknologi Direktør Ole Kjeldsen vil i samarbejde med Microsofts løsningsansvarlige sætte scenen for Microsoft Next. Få et indblik i løsningernes sammenhæng og se demonstrationer af de nyeste elementer.
Building Blocks for the Enterprise of the Digital Age | Enterprise Digital Su...Dion Hinchcliffe
I gave the closing keynote to Enterprise Digital Summit Paris 2016 earlier this month to explore today's building blocks in creating a truly digital organization. People are the most important building block, but after that it's the key components of digital workplace, digital business, and the transformation it takes to get there. Lastly, we need a platform for change at scale. I increasingly believe that is online communities of change agents.
Fast Thinking: Reinventing Strategy for a Digitally-Disrupted WorldCapgemini
- Companies should pay attention to where startups are addressing customer pain points and identifying areas where their business model is making customers unhappy in order to anticipate disruptions. Leading indicators like new products from unconventional competitors gaining popularity can provide early warnings.
- Most companies focus too much on short-term operations and lagging financial indicators rather than considering future threats from leading indicators. The print news industry failed to anticipate digital disruption because executives focused on costs like union contracts rather than the shift to digital.
- When faced with disruption, companies typically go through stages of denial, alarm, and then trying to stamp out the disruption rather than adapting. Successfully responding requires openness to change, collaboration between divisions, and a willingness to abandon
The year 2027? How the new industrial revolution is influencing value creat...Robin Teigland
The document discusses how digital technologies are driving changes that will influence value creation over the next decade. Rapid digital disruption has caused over half of Fortune 500 companies to disappear since 2000. While digital penetration is still low, digitalization is placing pressure on revenue and profits for all industries. New business models like platforms and ecosystems are emerging, enabled by advances in areas like artificial intelligence, blockchain, and 3D printing. This is shifting the nature of work and requiring organizations to rapidly change or risk becoming obsolete.
Business Analysis & The Impact of Disruptive TechnologiesChristian Kobsa
By the year 2050 the world we live in will be significantly different from now. Not only do technological changes continue to occur, but the rate at which these changes happen is accelerating. In addition, many of the new technologies will revolutionize the we work, socialize and live our lives.
Gartner named customer data platforms (CDPs) one of the key technologies that will demand marketers’ attention in 2018. Michael Katz, Cofounder and CEO of mParticle, explains why CDPs are not just another acronym and how consumer brands ranging from Airbnb to NBCUniversal to Zappos are using them to optimize omnichannel customer experiences and marketing outcomes, in all the moments that matter.
Originally presented at AdExchanger Industry Preview 2018 by Michael Katz, Cofounder and CEO, mParticle.
The Rise of Digital Darwinism and the Fall of Business As Usual by Brian SolisBrian Solis
Brian Solis shares his perspective on the future of business and how to compete against digital disruption. All of this talk about the future and how one day technology is going to disrupt everything around us is more than just talk. The future is already here. All of this talk about the future and how one day technology is going to disrupt everything around us is more than just talk. The future is already here.
This document discusses disruption in established organizations like The New York Times and the U.S. Department of Defense. These organizations feel threatened by new digital entrants and the fast pace of innovation. Disruptive innovations like Airbnb and Uber are able to quickly gain traction by addressing customer needs in new ways. However, established organizations often struggle to change and innovate, clinging to past successes. The document warns that without designing their own disruptions, organizations risk falling behind competitors and becoming obsolete. It encourages embracing disruptive innovation to stay relevant in times of accelerating technological change.
The disruptive potential of new technologies is growing at a staggering speed and challengers in the market are more vigorous than ever. The combination of these new possibilities and the rise of new competitors are the main drivers that are accelerating innovation. This is the reason why leaders put technology on top of their list of factors that will determine their organization’s future.
This document appears to be a magazine or publication called "Contagious" that is celebrating its 10th anniversary. It includes the following:
1) An introduction from the founders reflecting on how the marketing industry has changed dramatically over the past 10 years with the rise of mobile, social media, and how brands can have more purpose.
2) A timeline sketching the major events and trends in technology, media, and business over the past 10 decades.
3) An offer for 25% off new subscriptions and extra digital logins to share content from the publication.
4) A section attempting to impose alphabetical order on the major themes, trends, and technologies that have defined the "Contagious
Daisy CTO, Nathan Marke, talks digital technology and how it's affecting businesses across all industries. This is the speech Nathan gave at Daisy Communications' flagship event 'Daisy Wired? 2014'. For more info, visit www.daisygroupplc.com
Defining Digital Transformation - the researchTom Rieger
Everyone is talking about it but not many are doing it. Or they think they are and doing it wrong.... I am talking about defining 'digital transformation'. In working with Lane Severson we completed some great research where nearly 200 executives in the LOB and IT helped us give their take on their present state and where they WANT to go.
Hard to go on a 'digital transformation' journey if you aren't sure what it is.
The document discusses several predictions and trends regarding future developments in technology and media:
1) Nearly all digital devices will be connected to the internet and networks, allowing constant connectivity. Mobile internet will become the dominant platform worldwide.
2) Individuals and entrepreneurs will have more access to technology and opportunities to create their own media and businesses online.
3) Virtual worlds like Second Life could become mainstream as graphics and broadband improve.
4) Media will increasingly be produced and distributed digitally over the internet through various platforms, challenging traditional print and broadcast companies.
5) The role of governments and nation states may decline as technologies reduce their control, while social networks and communication technologies connect more people globally.
The document discusses several predictions and trends regarding future developments in technology and media:
1) Nearly all digital devices will be connected to the internet and networks, leading to an "always on" connectivity. Mobile internet will become the dominant platform worldwide.
2) Individuals and entrepreneurs will have more access to technology and opportunities to create their own media and businesses online through open source platforms and reduced costs.
3) Media will increasingly be distributed and produced via the internet, with convergence across different platforms. Traditional media companies may decline while new competitors like cellphone operators become major media players.
4) The role of print media like newspapers and magazines may diminish as content shifts primarily to flexible digital formats and devices.
Doremus weighs in on Wharton’s Future of Advertising Program: Agency 2020DoremusAndCompany
- An agency in 2020 will need to be flexible, adaptable, and able to deliver strategic capabilities and consistency. It will have to determine what capabilities to own and what to outsource or partner for.
- Technology platforms continue to change rapidly, proliferating models. Agencies must identify cultural forces and leverage them unexpectedly to further client relationships.
- The future remains uncertain but agencies that understand customer insights and changing technologies will be well-positioned to create value for clients in 2020 and beyond.
Perpetual leadershift - Digital strategy and change management go hand in handJenny Williams
The digital revolution is one of the most disruptive forces now at work in the business world. Transformation in response to this force requires most companies to rethink what digital really means. It is no longer sufficient to think in terms of web sites and other digital assets. Similarly, evolution is now so much more than focusing on managing discrete changes that a particular technical innovation may require, the speed of change requires a far more fluid and dynamic mode of management. This session will look at some of the heroes of the digital age and the key factors that enhance or hamper an organisations ability to rise to the challenge of a constantly evolving business environment.
This document provides an overview of several articles in a publication called "Collective Insight" that discuss potential disruptions in the financial services industry in South Africa. The introduction sets up the discussion of evolutionary versus revolutionary changes and whether disruptors pose a threat or opportunity. Several articles then explore themes of how technology is changing connections and data usage, potential disruptors in South Africa's savings and investment industry, and whether new products or distribution channels will truly disrupt the industry. The document examines issues from different perspectives and aims to provide a useful framework for navigating potential changes in the financial universe.
The document discusses three driving forces accelerating the digitization phenomenon: consumer demand for constant connectivity, the continued development and deployment of digital technologies, and recognition of the substantial economic benefits of digitization. It notes that digitization is reaching an inflection point due to the combined effects of these forces, requiring CEOs to invest in developing necessary digital capabilities or risk falling behind more proactive competitors.
The document provides a digital strategy report for the SSE Arena Belfast. It discusses the changing digital landscape and the rise of digital disruption. It outlines advantages and challenges of operating digitally, including higher customer expectations, the need for digitally skilled staff, and managing big data. Industries that have been disrupted by digital technologies like Airbnb and Blockbuster are examined. A SWOT analysis of the SSE Arena identifies strengths like its large capacity and location, as well as weaknesses like its small marketing team. Digital tools used for customer acquisition at the SSE Arena include a downloadable app and social media presence. Competitors like the 3Arena in Dublin are analyzed for their strong social media engagement and digital offerings.
updated! What is the cost of tracking you to the restroom?Yvette Dubel
Step outside the box with this presentation that takes a different view in considering the risks and opportunities offered by Big Data. Thinking forward you are invited to consider new approaches to risk management.
This document discusses emerging technologies and their potential impacts. It begins by noting that while technology progress is often emphasized, the social and cultural impacts are also important to consider. Several key technologies are then summarized, including smartphones and their dominance, the internet of things, digital transformation of businesses, 3D printing, robotics like self-driving cars, augmented and virtual reality, and machine learning. While the future possibilities seem vast, challenges like inequality and the environment remain, though optimism about abundance through technologies is expressed.
What industries have been digitally disrupted? What are being disrupted? What types of digital disruption are there? Where should you focus your digital disruption/transformation efforts?
Similar to Putting Transformation back to Digital Transformation (20)
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Putting Transformation back to Digital Transformation
1. P U T T I N G T R A N S F O R M A T I O N B A C K T O
D I G I T A L
T R A N S F O R M A T I O N
A c o m p a n i o n t o
DIGITAL TRANSFORMATION BLOG POST
3. Those who refuse to adapt, will fall behind.
Those that embrace digital transformation
(such as the one bringing you House of Cards)
will leap forward.
He believes the newspaper’s only way to survive is
to stick to the tradition, to hard news.
Tom got fired afterwards.
5. There is a high chance that
when somebody says “digital
transformation,” they mean
something else.
6. Do they mean
This is like putting on fashionable
clothes to look more impressive.
In this case, the “clothes” are cool
digital technologies.
1. DIGITAL DRESS‐UP?
7. Examples
Building a website for your business
where none exists
Making an online store that lets people
browse products and create orders
without payment or other integrations
DIGITAL DRESS‐UP
8. Or do they mean
This maintains what the business is
doing but seeks to do it better by
leveraging digital.
Similar to when a person gets a
makeover, it doesn’t necessarily
change who they are underneath.
2. DIGITAL MAKEOVER?
9. Examples
A marketing department rolling out a new data
analytics platform that allows the company to
customise content & target readers more precisely
An IT division upgrading their systems to the cloud
to reduce maintenance costs and improve efficiency
DIGITAL MAKEOVER
13. Xerox’s margins and market
share were suffering due to
competition from Asia.
By 2000, Xerox’s more
complicated, expensive line of
copiers and printers resulted in
net losses of $273 million.
SITUATION
SYNOPSIS
14. DUAL TRANSFORMATION PATH
Reposition the core
business to adapt to the
changing environment
Branch out to a digital
offering that will be the
main source of growth
Machines that could
match competitors’ price
and simplicity, and beat
them in technology.
Xerox Global Services
formed to handle document
management and other
back-office processes.
15. Businesses tend not to consider
digital transformation before it
is too late, i.e. when digital
disruption is inevitable.
16. Disruption occurs “when a
business creates or employs a
technology in a new way, forming
a business model that provides
an edge over competitors.”
Digital Disruption
HERE
Read more on
18. HOW THE INCUMBENT WAS DISRUPTED
BLOCKBUSTER NETFLIX
Was comfortable with a
45% market share in 2003,
before going out of
business seven years later.
Shifted its focus to online
streaming, then invested in
content production. Latest
revenue at $6.78 Billion.
Focused on opening new retail
stores and entering new markets.
Gained traction with its mail-
based DVD rental service.
19. HOW THE INCUMBENT WAS DISRUPTED
BORDERS AMAZON
Being late in the digital
game, the incumbent ceased
its operations in 2011.
Moved to e-books, e-book
readers, and an all-you-can-
get e-store nowadays.
Over-invested in retail stores
and CD sales.
Made its debut as an online
book store in 1995.
20. Undergo a full blown digital transformation
Cannibalise their core business to make
way for something new
Self-disruption: Sometimes companies need
to go against their corporate instincts and...
21. European media company wasn’t
satisfied with just a digital
makeover like other newspapers.
From 2005, the business started
acquiring new digital properties
and moved to online classifieds.
Moreover, it also divested some
of its biggest print media
products, accounting for 15% of
its sales in 2013.
AXEL SPRINGER
Today, the media
company derives 70% of
its EBITDA from digital.
22. Once you have opened up to
the possibility of disruption,
the next step is to formulate
a strategy.
It would help detect digital
disruption early on and make
pre-emptive moves.
IDENTIFYING
THREATS &
OPPORTUNITIES
27. Domino’s pizza delivery tracking gives real-
time insights
BeerDroid offers connectivity for home
beer brewing hobbyists via a mobile app
NEW VALUE PROPOSITION
29. Amazon’s Kindle Direct Publishing
connects authors directly with readers
HYPERSCALING PLATFORM
30. Another way to spot threats and
opportunities is by looking at
how competitors may unbundle
or decouple the components of
your products.
UNBUNDLING &
DECOUPLING LENS
31. Allows consumers to only buy
what they want.
The picture on the next slide
shows how various disruptors
have unbundled the services of a
traditional bank.
Essentially, they zoom in on a
specific consumer need (e.g.
wealth management) and try to
do it better.
UNBUNDLING
33. The “separation of consumption
activities that traditionally go
together, hand-in-hand.”
In the diagram below, disruptors
separate the non-value creating
portion from consumption
activities and only focus on the
value creating portion.
DECOUPLING