digital transformation or digital destruction? it's not only about technology, stupid!

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Agnieszka M. Walorska @agaw CREATIVE CONSTRUCTION @creativeconstr DIGITAL TRANSFORMATION OR DIGITAL DESTRUCTION

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Page 1: Digital Transformation or Digital Destruction? It's not only about technology, stupid!

Agnieszka M. Walorska @agaw

CREATIVE CONSTRUCTION @creativeconstr DIGITAL TRANSFORMATION OR DIGITAL DESTRUCTION

Page 2: Digital Transformation or Digital Destruction? It's not only about technology, stupid!

More than $30 billion in only 5 years!

© http://patronsaintofcheese.blogspot.de/2014_09_01_archive.html

Page 3: Digital Transformation or Digital Destruction? It's not only about technology, stupid!

Rethinking the financial industry from the ground up

Page 4: Digital Transformation or Digital Destruction? It's not only about technology, stupid!

UBER TAXI

Rethinking the entire concept of mobility and car ownership.

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Page 5: Digital Transformation or Digital Destruction? It's not only about technology, stupid!

© http://www.androidcentral.com/one-googles-self-driving-cars-hit-california-municipal-bus-feb-14

Autonomous vehicles to replace human drivers

Page 6: Digital Transformation or Digital Destruction? It's not only about technology, stupid!

© http://www.studying-in-us.org/health-insurance-and-the-health-care-system/

Apple‘s and Google‘s health kits ar threatening the insurance industry

Page 7: Digital Transformation or Digital Destruction? It's not only about technology, stupid!

© http://coffeesou.sg/blog/

Hotels face competition from Airbnb

Page 8: Digital Transformation or Digital Destruction? It's not only about technology, stupid!
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Page 10: Digital Transformation or Digital Destruction? It's not only about technology, stupid!

74%

15%

Believe that their company has the skills and

capabilities to execute on that strategy.

Of business executives say their company has a

“DIGITAL STRATEGY”

Page 11: Digital Transformation or Digital Destruction? It's not only about technology, stupid!

ChiefDigitalOfficer

Only 16% of companies have a CDO

© https://blackjacknovel.wordpress.com/2013/09/16/305/

Page 12: Digital Transformation or Digital Destruction? It's not only about technology, stupid!

IT DIGITAL MARKETING

© http://fineartamerica.com/featured/angry-shout-man-illustration-don-bishop.html

In most organizations “digital” is a subordinate area of either IT or marketing

Page 13: Digital Transformation or Digital Destruction? It's not only about technology, stupid!

Technology is becoming more and more of a commodity

Page 14: Digital Transformation or Digital Destruction? It's not only about technology, stupid!
Page 15: Digital Transformation or Digital Destruction? It's not only about technology, stupid!

It’s not about having a digital strategy. It’s about having the whole business strategy ready for the digital age.

https://flic.kr/p/qiDM76

Page 16: Digital Transformation or Digital Destruction? It's not only about technology, stupid!

© Andrec

Page 17: Digital Transformation or Digital Destruction? It's not only about technology, stupid!
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Page 21: Digital Transformation or Digital Destruction? It's not only about technology, stupid!
Page 22: Digital Transformation or Digital Destruction? It's not only about technology, stupid!

CONNECTED TOOTHBRUSHES

© http://www.tehnickaskolava.rs/pdf/engleski2013/houses.pdf

Page 23: Digital Transformation or Digital Destruction? It's not only about technology, stupid!

The expectations towards technology go beyond the ease of use

Page 24: Digital Transformation or Digital Destruction? It's not only about technology, stupid!

89%

24%

Develop their digital

products in a customer centric way.

Plan to compete mainly on

customer experience.

Page 25: Digital Transformation or Digital Destruction? It's not only about technology, stupid!

34% involve customers by conducting focus groups.

© http://www.zastavki.com/eng/Fantasy/wallpaper-96659.htm

Page 26: Digital Transformation or Digital Destruction? It's not only about technology, stupid!

© http://kentweakley.com/blog/photo-tip-stand/

Page 27: Digital Transformation or Digital Destruction? It's not only about technology, stupid!

© https://themichaelreport.com/2015/09/22/investors-are-worrying-about-gopro-for-all-the-wrong-reasons/

Page 28: Digital Transformation or Digital Destruction? It's not only about technology, stupid!
Page 29: Digital Transformation or Digital Destruction? It's not only about technology, stupid!

© https://www.emaze.com/@AFLCQQIF/Presentation-Name

Page 30: Digital Transformation or Digital Destruction? It's not only about technology, stupid!

AngryPCUser|bythevoyager

Digital Experts involve their customers early in the process!

Page 31: Digital Transformation or Digital Destruction? It's not only about technology, stupid!

Not easy to implement in a hierarchical organization.

Page 32: Digital Transformation or Digital Destruction? It's not only about technology, stupid!

„Great projects start out feeling

like buildings...“

Page 33: Digital Transformation or Digital Destruction? It's not only about technology, stupid!

„But in fact, great projects

are gardens.“

Page 34: Digital Transformation or Digital Destruction? It's not only about technology, stupid!

80% of companies rely

on traditional hierarchy.

© http://socialnewsdaily.com/60218/hbo-will-air-a-7-5-hour-version-of-the-godfather/

Page 35: Digital Transformation or Digital Destruction? It's not only about technology, stupid!

RISK-TAKING

VELOCITY

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Page 36: Digital Transformation or Digital Destruction? It's not only about technology, stupid!

Digital Transformation requires quick adjustments and close cooperation within an interdisciplinary team

Page 37: Digital Transformation or Digital Destruction? It's not only about technology, stupid!
Page 38: Digital Transformation or Digital Destruction? It's not only about technology, stupid!
Page 39: Digital Transformation or Digital Destruction? It's not only about technology, stupid!
Page 40: Digital Transformation or Digital Destruction? It's not only about technology, stupid!

for 85% of the companies

FAILURE IS NOT

AN OPTION

Page 41: Digital Transformation or Digital Destruction? It's not only about technology, stupid!
Page 42: Digital Transformation or Digital Destruction? It's not only about technology, stupid!
Page 43: Digital Transformation or Digital Destruction? It's not only about technology, stupid!

Digital Experts focus on prototypes and products, they can test, improve and learn from

Page 44: Digital Transformation or Digital Destruction? It's not only about technology, stupid!

Don’t launch MVPs as „their products are not suitable for this approach“.

Regularly launch and evaluate MVPs.

11%

60%

Page 45: Digital Transformation or Digital Destruction? It's not only about technology, stupid!

„Yes, failure can hurt. But you can eighter run from it

or learn from it!“ - Rafiki - (ok, he didn‘t say „failure“, he said „past“)

Page 46: Digital Transformation or Digital Destruction? It's not only about technology, stupid!
Page 47: Digital Transformation or Digital Destruction? It's not only about technology, stupid!

THANK YOU

THANK YOU !

Telefon: +49 (0)30 / 4004 1922

www.creativeconstruction.de

AGNIESZKA M. WALORSKA @agaw | [email protected]