Ego, fear of failure and a reluctance to admit ignorance can hamper an executive’s digital education and their firm’s business transformation. Many CEOs have been successful in their traditional industries where technology was simply something that kept the lights, and was seen to by the CIO. But the world…
Content marketing should be part of every digital transformation roadmap, and it is one of the most basic and low-cost ways of leveraging digital solutions to generate new business. Whether you are part of a global organisation, small to medium sized enterprise or an independent consultant your business needs new customers to survive and thrive. Those that…
A new methodology known as “The Business Model Navigator” has been developed by the Business Model Innovation Lab in St Gallen, Switzerland to help companies innovate their business models, and move from the old to the new. The methodology structures the process of innovation of a company’s business model and encourages…
A few weeks ago, Forrester assessed 10 business transformation consultancies, and now IDC MarketScape has published its Worldwide Digital Enterprise Strategy Consulting Services Vendor Assessment. The assessment is a quantitative and qualitative look at the characteristics that explain a vendor’s current and future success in the marketplace, and its…
From bringing order to the manufacturing floor to reshaping the workplace the way the Internet has, the Internet of Things (IoT) will fundamentally change the way organisations operate, make money, and deliver value to customers. Any IoT strategy must be thought of in terms of years and…
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Digitisation brings threats and opportunities, but for existing businesses, the threats seem to out-weigh the opportunities. Not enough transformation leaders are asking their teams, “how serious is the digital threat for our company?”, which is worrying when around 4 of today’s top 10 incumbents in each industry could be displaced by digital disruption…
The World Economic Forum recently asked can you measure innovation? When it comes to deciding how to manage and measure Innovation in your organisation it’s important to understand what Innovation means to you and your customers, and establish concrete KPIs that can be developed by formalising your Innovation process. But…
While manufacturers are recognising the threats and opportunities of digitization, only the minority are reacting sufficiently and asking questions such as: How will digital disrupt my industry in the next five to ten years? Where is the value for my company, and how can we maximise it? What new capabilities,…
On 5 & 6 November in Vienna, the 2015 Global Drucker Forum will look through the lens of humanity at Big Data, Robotics, Artificial Intelligence, Cloud Computing, and The Internet of Things. It will open up questions such as: In technology-driven economy, does management need a fundamental makeover? How can the…
When many people talk about digital transformation, they focus on technology as opposed to business. They get excited about leveraging digital solutions but not about establishing, measuring and realising their business value. The same error that caused so much financial loss and painful projects throughout the ERP era. So what drives…
Many reading this will have experienced the good, the bad and the ugly of business transformation consultancies, often known as system integrators. Significant imbalances between technology and business still exist in many transformation efforts, so how do these firms stack up when it comes to business transformation, as opposed to technical…
Less than 5% of small and medium-sized firms in Australia seem to collaborate with higher education or public research institutions and this lack of collaboration between business and academia could be a threat to Australian business. History has shown us that Australian inventors and companies can be world leaders…
While some companies now take change management seriously, not all adopt the new methods and digital tools that are affordably available to us. Digital technologies can be used to improve the way we manage change to the business and McKinsey recently wrote about changing change management – which smart companies have…
Among other things, companies need to know how digital solutions can help improve supply chain visibility, process big data for demand planning, etc; and better ways to collect and process vast amounts of data. Every industry has its own digital supply chain management (SCM) vision based on industry-specific use…
The theory of disruptive innovation was invented by Clayton Christensen of Harvard Business School, in his book The Innovator’s Dilemma. But what does disruptive innovation mean? Big companies have traditionally struggled to innovate in their business models, but they can be disruptive, if they identify and overcome…
Truly effective business transformation requires innovation, but not every company has the luxury of an innovation genius or two on-hand. Systematic Ideation is an article based on extensive research, which presents a playbook of four cornerstone innovation strategies that provide a structured method to generate innovative ideas. Also discover…