Watch a replay of the April 2016 webinar during which the effects of digitization on mobility and business models of automotive OEMs were explored. Rob Llewellyn was joined by Prof. Dr. Tim Kessler from the University of Bayreuth, Germany. .
On 11 March 2016, the renowned British carmaker Aston Martin announced the formation of Aston Martin Consulting (AMC) – a new initiative to provide companies with the opportunity to engage with Aston Martin’s expertise centred on design, engineering and manufacturing. AMC operations will be based at Aston…
No amount of technical subject matter expertise will make up for a lack of leadership political intelligence in a transformation environment. Learn more about the five facets of the PQ model: Futurity, Power, Empathy with Purpose, Trust, and Versatility. Watch the full webinar Listen to…
Whether you lead a multi-national or run your own small business, you need to know what digital response strategy will shape your future. Because no one can escape the fact that the convergence of digital technologies is giving rise to new business models that will, sooner or later, change the face of every industry…
We hear it all the time – new startups competing with traditional businesses, if not replacing existing industries and categories altogether. Disruptive technologies like cloud computing and enterprise mobility have lowered the barrier to entry, if not totally eliminated it. Aspiring entrepreneurs need not worry about leasing an office space,…
Last week we attended the Digital Business Model Discovery Event hosted by The Global Center for Digital Business Transformation (DBT) – an IMD and Cisco initiative. As some background – one of the early DBT Center papers was called “The Digital Vortex” – How Digital Disruption Is…
Let’s face it: there’s much talk and hoopla about digital strategy and disruption. And I stand guilty as charged. Yet, according to a study conducted by MIT Sloan Management Review and Capgemini Consulting, only 38% responded that digital transformation is on their CEO’s agenda and that the number…
Whether we are dealing with our own teams or key stakeholders, to be successful in our work we need be to skilled at knowing how to win buy-in, which means getting through to people and causing them to do something different or think about something in a different way. While our own…
The health of many struggling transformation initiatives could be improved, by focusing on the four fundamental elements that many companies struggle with. Four elements that are so simple, and yet grossly underestimated by many, which are Focus, Accountability, Simplicity, and Transparency. This is FAST. To distill the transformation…
While some manufacturers have made progress on the digital journey, how manufacturers become digital companies is unclear to many, despite the opportunity that some leaders know is there. If a $20 billion manufacturing firm that digitises can expect a profit upside of 12.8% over the next three years, and 19%…
Many business leaders are at a loss. When do you disrupt your business? I stand and submit that a digital business is truly a people-driven business. In the age of digital disruption, businesses need to reinvent themselves and re-focus on their raison raison d’etre: the customers. Without customers, there is…
Everyone knows that engaging stakeholders in projects and across complex transformation programmes is a good thing to do, and that it is a major contributor to successful delivery. Everyone also knows it can be really painful to do, and very difficult to do well. Projects are often more focused on…
What are the traits of an authentic digital business? If I made a dollar for every time I’m asked what a true digital business is, I’d be a millionaire. Alright, I’m exaggerating. Seriously speaking, I have made it my goal to educate businesses about digital strategy and transformation. While there’s…
Transformation illusions occur when companies believe they are undergoing transformation, when in fact they are only making small changes. It’s not uncommon for Transformation to be confused with Change, and George Westerman of MIT painted this perfectly when he explained; Right now, there are countless companies informing their workforce and stakeholders…
THE OPPORTUNITY WITH THE PRESENT It’s 2016. What does the digital future hold? Sales of mobile devices (e.g. smartphones and tablets) have passed that of desktop computers. These devices have massive computing power. Coupled with access to a whole marketplace of personal and business apps, consumers now find themselves…
Digital business transformation has become the most significant managerial challenge in an organisation’s development. Internally it impacts the entire organisation, while externally, it affects the organisation’s strategic position in the market, along with the likelihood of its longevity or its demise. Digital business transformation influences the nature of…
Company culture is a critical success factor in digital transformation initiatives, and digital transformation impacts three areas of opportunities, in their order of importance: people, process and technology. Unfortunately, between IT organizations and their respective consulting partners, the focus has almost always been the last – technology. Why?…
What big bets are companies making in the digital transformation of their business models and organisational structures? That was a question posed during the WEF event in Davos in January 2016. Hear what Meg Whitman, Rich Lesser, Klaus Kleinfeld, Marc Benioff, Bernard Tyson and Jean-Pascal Tricoire have to say…
In January 2015, the Global Center for Digital Business Transformation (DBT) collaborated with CXO Transform in a webinar to share their research into three categories of digital business model. The DBT is a Cisco and the IMD business school joint venture dedicated to original research and creating opportunities…
In my previous CXO Weekly article, I discussed the importance of strategy as the primary driving force in digital transformation. Strategy plays a critical role – it has potential to positively impact the three areas of transformation: people, process and technology. In my experience as transformation advisor and…