Top 5 Digital Transformation Strategy Myths

Niall McKeown·11 January 2017·Strategy & Innovation

...Myth 1: Implementing technology is a good strategy that leads to Digital Transformation. Myth 2: Creating operational efficiency is a strategy that leads to Digital Transformation. Myth 3: Improving digital marketing creates a Digitally Transformed organisation. Myth 4: All Digital Transformation strategies are good strategies. Myth 5: Agile, Lean, Sprint etc are Digital Transformation strategy planning techniques. Read More...

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Digital Transformation: Quo vadis, corporate innovation management? (Part 2/2)

Frank Mattes·12 December 2016·Strategy & Innovation

...“Digital Transformation for growth” (see here) provides a huge opportunity for corporate innovation - but also many challenges. We are exploring how corporate innovation management should move ahead (Note: In this post, we understand 'corporate innovation management' to be a corporate function and/or the management process). The first part of this article was about new opportunities that corporate innovation management needs to seize. This second part is about new challenges and how corporate innovation management should engage in the transformation process. Read More...

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Digital Transformation: Prodigy child of Innovation

Vivek Vishnu·6 December 2016·Strategy & Innovation

...I'm just picking off on some key strategy buzz words in the last 15-20 years that were considered the magic potion of all Corporate growth and profitability. To name a few high visibility ones; BPR (Business Process Re-engineering), Change Management, Innovation and now Digital Transformation. Read More...

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Machine Learning – a key to Digital Transformation

Sandeep Raut·6 December 2016·Enabling Technologies

...Today the whole economy is changing into a Digital Economy and disrupting the respective markets and industries.  Businesses are shifting from selling physical things to selling digital things. Read More...

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What Makes a Successful Digital Transformation Project?

Niall McKeown·30 November 2016·Delivery

...This is a digital transformation case study that uses a digital transformation framework to help in the diagnosis of a strategic issues.  Without addressing the critical issues within any situation, technology simply adds complexity and marketing fails due to lack of competitive advantage.  Successful digital transformation projects look to address the 'cultural hierarchy of needs' of the individual. Read More...

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Digital Transformation: A Necessity or an Expensive evil?

Ripu Daman Singh·24 November 2016·The Case For Digital Transformation

...A few years back, I was asked in a job interview to name an innovative company. I immediately responded: Nike.  My reason back then was that I had invested in the first ever Nike Fuelband, a fitness tracker that looked super chic on my wrist with its colored LED lights. Serena Williams was wearing it on the court. And so was LeBron. Read More...

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Digital Transformation: A marathon of Love and Devotion

Ripu Daman Singh·24 November 2016·The Case For Digital Transformation

...Apparently Love died a few weeks ago on a Thursday evening right before the happy hour. A lot of my single and not-so-single friends suffered this blow when Tinder crashed on their iPhones while they were still scouting for their perfect soulmates. Read More...

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Why Culture change is essential for Digital Transformation

Sandeep Raut·21 November 2016·People & Change

...Gone are the days, when companies used to decide a strategy and then execute it for the next five years as planned. Today a company's life on Fortune 500 or S&P 500 is just 15 years.  Digital businesses like Uber and Airbnb did not exist before 2008 but now they are multi-billion dollar poster children for Digital Disruption. Read More...

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Digital Transformation Hub – Realizing the Shared Economy

David Sprott·16 November 2016·The Case For Digital Transformation

...Last week I mentioned to one of my US based colleagues that I would be out of office for three days at the Irish National Digital Week (NDW16), taking the opportunity because the event was being held in Skibbereen, just a few kilometres down the road from my home office. He asked, "Surely an event of that type would be held in Dublin?"  And I replied, "Well there's a story here that needs to be told; one that will have profound implications for business in Ireland and probably internationally". Read More...

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Digital Transformation: Quo vadis, corporate innovation management? (Part 1/2)

Frank Mattes·10 November 2016·Strategy & Innovation

...True Digital Transformation, i.e. Digital Transformation for growth, provides not only a huge opportunity for *corporate innovation but also a large number of challenges. We are exploring how corporate innovation management should move ahead. This first part deals with new opportunities that corporate innovation management needs to seize. The next post will focus on new challenges and how corporate innovation management should engage in the transformation process. Read More...

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Digital Transformation: The growth catalyst

Frank Mattes·10 November 2016·Strategy & Innovation

...As you may have noticed here we have started a peer group process with leading firms from the Process Industries. These companies explore what comes after the obvious first steps in Digital Transformation which are frequently: Read More...

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Emerging themes: Digital Transformation in Process Industry’s Innovation, Marketing and Sales

Frank Mattes·10 November 2016·Strategy & Innovation

...As you probably have seen here, we are currently starting an in-depth Peer Group process on “Digital Transformation (DT) in the Process Industries – What does it really mean for Innovation, Marketing and Sales?”. Our focus industry sector is the Process Industry and we are reaching out to VPs from Innovation, Marketing and Sales from leading companies in there. Read More...

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