February 2013 Curriculum Vita KATHY E. KRAM - Boston University
GRC Summit London 2016 - LEARNING THE LESSONS OF DIGITAL TRANSFORMATION by Jiri Kram
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Transcript of GRC Summit London 2016 - LEARNING THE LESSONS OF DIGITAL TRANSFORMATION by Jiri Kram
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LEARNING THE LESSONS OF DIGITAL TRANSFORMATION
Jiri Kram, Cloud Architect
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Let’s start with the question
What is a DIGITAL TRANSFORMATION?
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DIGITAL TRANSFORMATION: here it is!
To this!
From this
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Not convinced?
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Ok… here it is actually!
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And so what!?
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Here is the big deal!1.Digital is here to stay – your customers demand service
on their phones, watches, tablets... and that’s just the beginning.
2. Killing drones – yes, you as a company will be liable if someone “hacks” your drone and kills people! (… or just lose money, have you heard of TESCO BANK?)
3. Millennials – yes, they move at a different pace than you but they are coming, not just as your customers but as your employees too.
4.Disruption – If you don’t digitise, someone else will…
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“40% of businesses in this room, unfortunately, will not exist in a meaningful way in 10 years. 70%
of companies will attempt to go digital but only 30% of those will succeed.”
John Chambers, Chairman of Cisco Systems (2014)
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Digital is not just a “buzz-word”1. Data revolution – if your data is incorrect, old, disconnected,
unsecure, not helping your business… your business will be dead in 10 years.
2. Other peoples problem – if you think you can call Accenture and they will do it for you while you wait…your transformation bill will exceed its benefits.
3. Cheap transformation – if you hire a fancy & “cool” digital agency to “save” money on transformation… you will be hacked (sooner or later).
4. Know Your Enemy – “If you know the enemy (competitors / disruptors) and know yourself, you need not fear the result ... If you know neither the enemy nor yourself, you will succumb in every battle.” (Sun Tzu, 512 BC)
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What should you do?1. Data is a strategic asset – digital transformation must start with
a clear goal of what data you need and what you are going to do with it.
2. Don’t experiment – It’s not an “EGO” competition. A Director title alone doesn't make one fit to lead a transformation (Excel mastery is not a qualification!)
3. Team up! – if you hire Deloitte, KPMG, PwC, EY…etc. don’t let them work alone. They need your guidance… or you’ll end up with their vison not yours!
4. Fire & Hire – You are fighting for survival! You need people ON YOUR SIDE with the right skills. If existing people aren’t a fit for your purpose, they have to go!
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Why do you need professionals?1. Vendors – please listen to experts. Technology must be
ENTERPRISE READY! If it is not don’t buy it just because it is used by 8 men + dog start-up in Shoreditch!
2. System Integrators – yes you need them but if you have NO ONE ON YOUR SIDE able to write a RFI, RFP, SoW, read their invoices, you will overpay big time.
3. CEO is your Friend – If the CEO is not supporting you, no matter how hard you work and how many hundreds of millions you pay to vendors and SIs, you will fail.
4. Agencies – you don’t need to hire all people permanently. Use contractors, they will help you balance power and knowledge between you and vendors and System integrators.
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7 golden rules of digital transformation1. CEO – you need his / her support.
2. CFO – if you have no business case you will not get a budget!
3. CIO – if he says no to some technology, it means no.
4. Vendors – choose them wisely. Cheap doesn’t mean best… or secure and compliant!
5. System integrators – you need them but you must manage them.
6. People – if someone is not a good fit, that’s final. They have to go.
7. Security – if you forget about it everything, else is just a waste of time and money!
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That’s all: THANK YOU & GOOD LUCK
Linkedin: https://www.linkedin.com/in/jirikramTwitter: @jiri_kram