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The corporate startup
The document discusses the essential elements for corporations to thrive in a digitally transforming world, emphasizing the importance of culture, innovation, and a customer-first approach. It highlights the need for businesses to embrace change, take risks, and prioritize speed in execution to stay relevant. The insights are backed by quotes from notable figures, suggesting a focus on purpose, accountability, and adaptability in navigating digital disruption.
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The corporate startup
- 1. THE CORPORATE STARTUP @dadovanpeteghem THRIVING IN ADIGITAL WORLD
- 2. Duval Union Consulting SocialSeeder/Speakersbase @dadovanpeteghem founding partner @dadovanpeteghem Ghent :)
- 3. Digital Transformation A model tomaster digital disruption. @dadovanpeteghem digitaltransformationbook.com Sold in +55 countries
- 4. It’s more aboutthe TRANSFORMATION than the DIGITAL part…
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- 7. @dadovanpeteghem Mobile THE SPEED OFCHANGE Social Digital Analog Internet
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- 9. @dadovanpeteghem WE ARE IN DIGITALKINDERGARTEN :-)
- 10. @dadovanpeteghem "We always overestimate thechange that will occur in the next two years and underestimate the change that will occur in the next ten. Don't let yourself be lulled into inaction." Bill Gates
- 11. @dadovanpeteghem 1995+ Music Photography Video Rental … 2010+ Print Media TV Travel HR … 2015+ Retail Automotive Education Telco Food FMCG Healthcare Banking/Insurance Logistics? … 2020 AllSafe havens will be subject to digital disruption … STARTUPS BRING THE INNOVATION
- 12. @dadovanpeteghem B 2 B2 C Disintermediation: The Frog Cutting out the middle man
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- 17. PEOPLE ARE THEVARIABLE CULTURE EATS STRATEGY FOR BREAKFAST - PETER DRUCKER
- 18. CULTURE TECHNOLOGY IS STILLYOUR TRANSFORMED TECHNOLOGY YOUR COMPANY,BUT … CULTURE IS STILLYOUR OPERATING SYSTEM MAY HAVE - Mike Walsh
- 20. @dadovanpeteghem PEOPLE > TECHNOLOGY DigitalTransformation
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- 24. @dadovanpeteghem You need ReverseMentorship
- 25. @dadovanpeteghem "GIVE PEOPLE SLIGHTLY MORETRUST, FREEDOM, AND AUTHORITY THAN YOU ARE COMFORTABLE GIVING THEM. IF YOU’RE NOT NERVOUS, YOU HAVEN’T GIVEN THEM ENOUGH." - LASZLO BOCK, GOOGLE VP OF PEOPLE OPERATIONS
- 26. @dadovanpeteghem THEY THRIVE ON ACLEAR AND BOLD PURPOSE 2
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- 29. https://www.tesla.com/blog/master-plan-part-deux Tesla: accelerating the world'stransition to sustainable energy
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- 31. @dadovanpeteghem Facebook Little RedBook "WE WANT TO BE THE MOST SEXY MARKET RESEARCH AGENCY IN THE WORLD"
- 33. @dadovanpeteghem If we don’tcreate the thing that kills Facebook, someone else will. “Embracing change” isn’t enough. It has to be so hardwired into who we are that even talking about it seems redundant. The internet is not a friendly place. Things that don’t stay relevant don’t even get the luxury of leaving ruins. They disappear. Facebook Little Red BookFacebook Little Red Book share & spread your vision
- 34. @dadovanpeteghem THEY RUN LEAN ANDARE DRIVEN BY THE WFIO MOMENT 3
- 35. @dadovanpeteghem Startups have to spendtheir chips wisely.
- 36. @nickvinckier W E ’R E F U C K E D , I T ' S O V E R WHAT’S YOUR WFIO MOMENT?
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- 39. @dadovanpeteghem #MSPS15 Don’t justtranslate offline to online. Start from scratch.
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- 41. @dadovanpeteghem The next bigthing is a lot of small things ;-)
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- 43. "You need tobe making big, noticeable failures. The great thing is that, when you take this approach, a small number of winners pay for dozens, hundreds of failures, and so every single important thing we've done has taken a lot of risk, risk-taking, perseverance, guts, and some have worked out. Most of them have not. That has to happen at every scale level all the way down." “We have to grow the size of our failures as the size of our company” ~Jeff Bezos, CEO of Amazon
- 44. Some of Amazon’s costlyfailures -$170M -$60M-$231M
- 45. And much, muchmore… Acquisitions Investments
- 46. @dadovanpeteghem YOU NEED ADUAL MODEL FOR DIGITAL TRANSFORMATION: The Mothership & The Fleet
- 47. Amazon has beeninvesting ALL of its profits in expansion for decades
- 48. @dadovanpeteghem WHILE WE LOOK AT TECHNOLOGY, THEYWORK ON PROBLEMS 4
- 49. SO HOW ABOUT VIRTUAL REALITY? @dadovanpeteghem Stop lookingat technology WHAT CAN WE DO WITH BEACONS? SHOULDN’T WE INVEST IN DRONES? DON’T WE NEED A MOBILE APP?
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- 52. @dadovanpeteghem Map the patientjourney. Try to translate PAINPOINTS TO TOUCHPOINTS
- 54. @dadovanpeteghem THEY GO ALL INON FUTURE GENERATIONS 5
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- 61. F R OM DIGITIZATION T O TRANSFORMATION
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- 63. @dadovanpeteghem CUSTOMER RELATION ORGANISATION PRODUCT BUSINESSMODEL Foundation Innovation DIGITIZATION
- 64. @dadovanpeteghem CUSTOMER RELATION ORGANISATION PRODUCT BUSINESSMODEL Foundation Innovation TRANSFORMATION New product - old business model Old product - new business model New product - new business model
- 65. Facebook Little RedBook Mattel Unveils ThingMaker, A $300 3D Printer That Lets Kids Make Their Own Toys@dadovanpeteghem
- 66. @dadovanpeteghem Who is familiarwith this guy?
- 67. @dadovanpeteghem In 1975, thisKodak employee invented the digital camera. His bosses made him hide it.
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- 69. @dadovanpeteghem WHO ARE WE TODAY? WHO DO WE WANT TOBE BY 2020? 90 DAYS SPRINTS HORIZON VISION TOMORROW STRATEGY
- 70. @dadovanpeteghem "Execution is thelast 99%" - speed will be the variable -
- 71. @dadovanpeteghem THE QUICK SHALL INHERIT THE EARTH Fast is betterthan slow. While slow is adding unnecessary embellishments, fast is out in the world. And that means fast can learn from experience while slow can only theorize. Those who ship quickly can improve quickly. So fast doesn’t just win the race. It gets a head start for the next one. Facebook Little Red Book
- 72. @dadovanpeteghem “If you arenot embarrassed by the first version of your product, you’ve launched too late.” Reid Hoffman Co-founder LinkedIn / VC
- 73. JEFF BEZOS ONRUNNING A 350K-EMPLOYEE COMPANY WITH A START-UP MINDSET sec.gov/Archives/edgar/data/1018724/
- 74. High-Velocity Decision Making 1.Make most decisions with ~70% of the info you wish you had. 2. “Disagree and commit” if you trust the people but not the idea. 3. Recognize true misalignment early and escalate it immediately. ~Jeff Bezos, CEO of Amazon
- 75. @dadovanpeteghem Facebook Little RedBook This is also about the NEXT YOU :-)
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- 77. @dadovanpeteghem but watching Messieveryday won't make you a great player… You can be inspired…
- 78. @dadovanpeteghem WHAT ARE YOUGOING TO DO IN THE NEXT 90 DAYS?
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- 80. THE CORPORATE STARTUP @dadovanpeteghem THRIVING IN ADIGITAL WORLD