Digital Transformation - Melbourne 13/11/13

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GEORGE EVANS – COMMERCIAL DIRECTOR ASIAPAC MARK SHERWIN – GLOBAL COMMERCIAL DIRECTOR

Transcript of Digital Transformation - Melbourne 13/11/13

GEORGE EVANS – COMMERCIAL DIRECTOR ASIAPACMARK SHERWIN – GLOBAL COMMERCIAL DIRECTOR

5sectorseducationmembership organisationsthird sectorfinancial serviceshealth

23yearsexperiencequalitystabilityloyaltyresults

24

80expertsstrategy & researchbranding & communicationsuser centred designdevelopment & hostingdigital marketing

130

LONDON

EDINBURGHCARDIFF

PERTHMELBOURNE

HONG KONG

New Brand Universities Universities

Third Sector NHS

Alumni GlobalisationFinancial Services Cross- sector

IF YOU THINK BEING 'IN E-BUSINESS' MEANS SUTURING ON AN

E-COMMERCE APPENDAGE TO YOUR BODY CORPORATE,

THEN THINK AGAIN.

WE PROMISE YOU THAT WON'T WORK...

YOU'VE GOT TO BE PREPARED TO LET THAT E-BUSINESS COMMITMENT

RIPPLE THROUGH AND SHAKE UP THAT BODY CORPORATE. AND LIKE

AN 8.0 EARTHQUAKE, YOU MUST BE PREPARED FOR THE

REARRANGEMENT THAT WILL INEVITABLY OCCUR.

Keyur Patel & Mary Mccarthy | Digital Transformation, 2000

DIGITAL TRANSFORMATION IS ABOUT FUNDAMENTAL CHANGE

DIGITAL TRANSFORMATION REFERS TO THE CHANGES ASSOCIATED WITH THE

APPLICATION OF DIGITAL TECHNOLOGY IN ALL ASPECTS OF HUMAN SOCIETY.

DIGITAL TRANSFORMATION MAY BE THOUGHT AS THE THIRD STAGE OF EMBRACING

DIGITAL TECHNOLOGIES:

DIGITAL COMPETENCE -> DIGITAL LITERACY -> DIGITAL TRANSFORMATION.

THE LATTER STAGE MEANS THAT DIGITAL USAGES INHERENTLY ENABLE NEW TYPES

OF INNOVATION AND CREATIVITY IN A PARTICULAR DOMAIN, RATHER THAN SIMPLY

ENHANCE AND SUPPORT THE TRADITIONAL

Wikipedia | ‘Digital Transformation’

TODAY WE WILL EXPLORE WHAT IT MEANSTO ACHIEVE DIGITAL TRANSFORMATION

Innovators2.5%

Early Adopters

13.5%

Early Majority34%

Late Majority34%

Laggards16%

AND THERE IS NO POINT IN SIMPLY WAITING TO SEE WHAT OTHERS DO

Keyur Patel & Mary Mccarthy | Digital Transformation, 2000

Innovators2.5%

Early Adopters

13.5%

Early Majority34%

Late Majority34%

Laggards16%

THOSE WHO DO NOT INNOVATE WILL FALL IREVOCABLY BEHIND

Keyur Patel & Mary Mccarthy | Digital Transformation, 2000

WE’RE GOING TO EXPLORE 5 KEY THEMES

1. Customer service, the missing link

2. Harnessing the wisdom of crowds

3. New money models

4. The tricorder

5. The Internet of things, and big data

WE’LL ALSO HELP YOU FIND YOUR INNER HERO…

Customer service, the missing link

MARKETING CAN NO LONGER SIMPLY FOCUS ON AIDAIT MUST FOCUS ON AIDA AND ITS REFLECTION

The AIDA reflection | Mark Sherwin, Precedent 2013

AWAR

ENES

S

INTE

REST

DES

IRE

AD

VOCACY

INVO

LVEMEN

T

DELIVERY

ACTION

LOVEFILM – FAILING AT THE FINAL HURDLE

FORMULA ONE – DRIVING ADVOCACY ONLINE

FORMULA ONE MELBOURNE – DELIVERY, INVOLVEMENT, ADVOCACY

TECHNOLOGY ENABLED CUSTOMER SERVICES

TECHNOLOGY ENABLED CUSTOMER SERVICES

TECHNOLOGY ENABLED CUSTOMER SERVICES

REPLICATING HUMAN INTERACTION?

Harnessing the wisdom of crowds

RESEARCH AND DEVELOPMENT - GOLDCORP

400 Megabytes + $575,000110 - 50% - 80%

$100,000,000 - $9,000,000,000

IDEA GENERATION - LEGO

x

FINANCING - KICKSTARTER

OPERATIONAL RUNNING - GIFF GAFF

TURNING ADVOCATES INTO STAKEHOLDERS

Stakeholders

Idea generation

Research and Development

Financing

Operations

START WITH A LITTLE NAVEL GAZING

New money models

TRADITIONAL ORGANISATIONS WILL BE USURPED BY THOSE OFFERING A MORE FLEXIBLE APPROACH TO ACCESS

TRADITIONAL ORGANISATIONS WILL BE USURPED BY THOSE OFFERING A MORE FLEXIBLE APPROACH TO ACCESS

CUSTOMERS WANT INCREASINGLY GRANULAR PURCHASING OPTIONSMAKE THIS SIMPLE, FLEXIBLE AND VALUABLE AND THEY WILL RETURN

THESE MODELS ARE STARTING TO PERFUSEINTO MORE NICHE APPLICATIONS AND SECTORS

FINANCING – NICHE GIVING

x

FINANCING – NICHE GIVING

The tricorder

EVERY EMPLOYEEWITH MORE COMPUTING POWERAT THEIR FINGER TIPS THANTHE SPACE SHUTTLE.ANYTIME…ANYWHERE

CONVERGENCE PUTS INCREDIBLE POWER IN THE PALM OF OUR HAND

Wired UK | 20 Years of Wired | June 2013

AS DIGITAL WALLETS BECOME MORE MAINSTREAM THE MOBILEOFFERS HUGE EFFICIENCY AND PRODUCTIVITY BENEFITS

THEY ALSO OFFER THE OPPORTUNITY TO PROVIDE NEW VIEWSON TO EXISTING DATA USING CONTEXT TO STREAMLINE EXPERIENCES

TECHNOLOGY ENABLED SERVICE EXPERIENCES

TECHNOLOGY ENABLED SERVICE EXPERIENCES

TECHNOLOGY ENABLED SERVICE EXPERIENCES

The internet of things, and big data

The internet of things isn’t wi-fi fridges and devices with bolt

on connectivity: it’s tiny, cheap sensors that will bring

everyday objects to the network – in their billions’

‘By strapping a receiving computer to the side of it, the

internet fridge brings the internet to the device. By

connecting transmitting sensors to the network, the internet

of things brings the device to the internet.’

BEN HAMMERSLEY | WIRED, 2013

NOT A FRIDGE WITH AN IPAD STRAPPED TO IT…

Beecham Research`s Connected Devices Sector Map | http://beechamresearch.com/article.aspx?id=4

CONNECTIVITY AND DIGITAL CAPABILITY WILL BECOME STANDARD ACROSS A DIVERSE RANGE OF ‘THINGS’

Beecham Research`s Connected Devices Sector Map | http://beechamresearch.com/article.aspx?id=4

CONNECTIVITY AND DIGITAL CAPABILITY WILL BECOME STANDARD ACROSS A DIVERSE RANGE OF ‘THINGS’

THIS CREATES HUGE OPPORTUNITY FOR NEW MULTI-INPUT,MULTI-OUTPUT DIGITAL INTERACTIONS

Use case from The New Digital Age | Schmidt and Cohen 2013

THIS CREATES HUGE OPPORTUNNITY FOR NEW MULTI-INPUT,MULTI-OUTPUT DIGITAL INTERACTIONS

Use case from The New Digital Age | Schmidt and Cohen 2013

THIS CAN LEAD TO INNOVATIVE NEW APPROACHES TO CUSTOMER INSIGHT, AND PRODUCT AND SERVICE DESIGN

Mobile phone data redraws bus routes in Africa, BBC | http://www.bbc.co.uk/news/technology-22357748

Gotcha, but how do I make that 15%?

DIGITAL MUST MOVE FROM A MARKETING FUNCTIONTO A BUSINESS-WIDE IMPERATIVE

Daring to be Digital | Adrian Porter, Head of Strategic Research, Precedent 2013

DIGITAL TRANSFORMATION MUST INTERLINKWITH ALL PARTS OF THE BUSINESS

Digital Transformation | Adrian Porter, Head of Strategic Research, Precedent 2013

DIGITALTRANSFORMATIO

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AND TO GATHER SUPPORT IT MUSTDELIVER TO ALL PARTS OF THE BUSINESS

Digital Transformation | Adrian Porter, Head of Strategic Research, Precedent 2013

DIGITALTRANSFORMATIO

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DIGITALTRANSFORMATIO

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GENERATE IDEAS AND LOOK FOR THOSE IDEASTHAT IMPACT ACROSS ORGANISATIONAL GOALS

“The dominant university model in Australia – a broad-based teaching and research institution, supported by a large asset base and a large, predominantly in-house back office – will prove unviable in all but a few cases over the next 10-15 years”

“To succeed, universities will need to forge new business models, that are dynamic, modern, and fit for the decades ahead”

University of the future, Ernst & Young, 2012

The SI plan at a glance: enabling business improvement and transformation

2011 2012 2013 2014 (Fcst) 2015 (Fcst)0

5,000,000

10,000,000

15,000,000

20,000,000

25,000,000

EnablingFinanceWorkforceCustomer (Web Presence & CRM)Research AdminResearchStudent & Education AdminEducational ContentEducation

Game-changing Transformation…

Better Learning & Teaching Programme

Research Administration Strengthening Programme

Marketing & RecruitmentIntegrationProgramme

74

Game-changing Transformation…

Better Learning & Teaching Programme

Research Administration Strengthening Programme

Marketing & RecruitmentIntegrationProgramme

75

• Integration overview

78

Strategic Drivers – Broader University Goals

Best University in Asia Pacific within

a decade

A truly Global University, both physically and intellectually

Among the strongest research

universities in the world within 10

years

SO LET’S SAY YOU ARE OUR HERO…WHAT’S THE JOURNEY GOING TO FEEL LIKE?

A HERO’S JOURNEYCHANGING THE WAY BUSINESSES CREATE EXPERIENCES

INCEPTIONYou see the need for change.

You feel as if more can be done.

You’re not sure its your responsibility and the opportunity is bigger than you envisioned.

You question your calling.Perhaps you refuse it.

Then you meet others who will empower you…stand by you through change.

What’s the Future of Business | Brian Solis, 2013

A HERO’S JOURNEYCHANGING THE WAY BUSINESSES CREATE EXPERIENCES

TRIBULATIONChange is met with hardship.It’s unavoidable.

You start to feel the discomfort from leaving your comfort zone.

Obstacles will arise; budget constraints, politics, scepticism, tunnel vision, blatant ignorance.

Stay true stay focused.

Your customers and employees are anxious for you to succeed.

What’s the Future of Business | Brian Solis, 2013

A HERO’S JOURNEYCHANGING THE WAY BUSINESSES CREATE EXPERIENCES

TRANSFORMATIONBuzz and excitement permeates the halls of your business.

Employees hear about what you are trying to do, they enquire how to be part of it or how soon they’ll see the fruits of your labour.

To hold consensus takes frameworks and processes. This sets the stage for how people, teams, philosophies, and technology will support the transformation.

It’s always darkest before dawn. There will be pushback, more and more challenges.

Keep the team strong, you’ve come too far for that.

What’s the Future of Business | Brian Solis, 2013

A HERO’S JOURNEYCHANGING THE WAY BUSINESSES CREATE EXPERIENCES

REALISATIONTo call this the last stage is misleading. Transformation is continual, it becomes part of your business model.

Here you learn and adapt accordingly.

You lift your head and notice that the people inside and outside of the organisation are noticing change.

Change is now constant.

Take this moment to revel in your journey.

Since you are the hero in this story, your journey is just beginning.

What’s the Future of Business | Brian Solis, 2013

THE INTERNET IS AMONG THE FEW THINGS HUMANS HAVE BUILT THAT

THEY DON’T TRULY UNDERSTAND. IT IS THE LARGEST EXPERIMENT

INVOLVING ANARCHY IN HISTORY.

AS GLOBAL CONNECTIVITY CONTINUES ITS UNPRECEDENTED

ADVANCE. MANY OLD INSTITUTIONS AND HIERACHIES WILL HAVE TO

ADAPT OR RISK BECOMING OBSOLETE.

THE STUGGLES WE SEE TODAY IN MANY BUSINESSES, ARE EXAMPLES

OF THE DRAMATIC SHIFT FOR SOCIETY THAT LIES AHEAD.

AND WE’VE BARELY LEFT THE STARTING BLOCKS.

Eric Schmidt & Jared Cohen | The New Digital Age, 2013

WE SHOULD ALL BE CONCERNED

ABOUT THE FUTURE BECAUSE WE WILL

ALL HAVE TO SPEND THE REST OF OUR

LIVES THERE.

Charles F. Kettering, American inventor and businessman