Strategic use of technology

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Are we using Technology Strategically? Peter Kerr Business Coach

Transcript of Strategic use of technology

Page 1: Strategic use of technology

Are we using Technology Strategically?

Peter Kerr Business Coach

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“It is not the strongest of the species that survives, nor the most intelligent that survives. It is the one that is most adaptable to change.”

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“When technology and society evolve faster than our ability to adapt”

Digital Darwinism…

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“In the era of digital darwinism no business is too big to fail or to small to succeed.” Brian Solis: The End of Business as Usual

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Time for a digital business revolution?

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Established strategies…

Generate competitive advantage via scale Bruce Henderson founder of Boston Consulting Group

The strategic importance of the value chain Prof. Michael Porter University of Harvard Business School

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In store music sales fell by 76% between 2000

and 2010 The industry response?

They sued to have Napster shut down.

Apple created iTunes…

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Phases of the “digital revolution”

0

19

38

56

75

94

113

131

150

1990 1992 1994 1996 1998 2000 2002 2003 2005 2007 2009 2011 2013

Britannica hard copysales (000)

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1

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3

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0 75

Wikipedia pages (MM) Web 1.0:

DeconstructionWeb 2.0:

User creation

Wik

iped

ia L

aunc

h

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Technology driving down costs

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The world’s stock of data

Analogue (Paper, film audiotape, vinyl) 1986: 2.62 x 1018 Bytes (B GB)

Digital (In 1986, principally pocket calculators) 1986: 0.02 x 1018 Bytes (B GB)

PC Storage

DVD/Blu-Ray

Digital tape

Servers

CDs

1986 1993

2000

2007 2011

Connectedvia Internet

Cloud Storage

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WARNING SIGNS“ Kevin won’t like that approach”

‘Brian has his own way of doing things”

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I’m a bit depressed now Peter…

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DIAGNOSIS IS RARELY THE PROBLEM YOUR ISSUE IS

OVERCOMING THE BELIEF THAT NOTHING

CAN BE DONE

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CHANGE IS THREATENING

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Back in the day…

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Final thoughts….• Performance related pay • Everyone likes a good SWOT • Shine a light on organisational denial • If you don’t embrace change who will?

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