recipe for successful digital intensive transformation of ......our recipe of success 3 at the heart...

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Copyright 2018 Midagon Recipe for successful digital intensive transformation of circular economy business models Tero Lindholm 7.2.2019

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Page 1: Recipe for successful digital intensive transformation of ......Our Recipe of Success 3 At the heart of each customer engagement is our desire to understand our client’s business

Copyright 2018 Midagon

Recipe for successful digital intensive transformation of

circular economy business models

Tero Lindholm 7.2.2019

Page 2: Recipe for successful digital intensive transformation of ......Our Recipe of Success 3 At the heart of each customer engagement is our desire to understand our client’s business

Copyright 2018 Midagon

Our customers

2

= work ongoing

Page 3: Recipe for successful digital intensive transformation of ......Our Recipe of Success 3 At the heart of each customer engagement is our desire to understand our client’s business

Copyright 2018 Midagon

InsightExperience Passion

• Competencies overarching business

knowledge, industry expertise and

specialist skills

• Continuous development of competencies,

methodologies and point of views

• Technology agnostic and vendor

independent

• Only senior experts, with average of more

than 20 years experience

• Wide experience from technologies and

various business domains

• In-depth understanding of ICT industry

• Hundreds of successful projects/programs

• Commitment to realize business benefits

• Experienced individuals who want to run

large and complex initiatives

• Desire for continuous learning

Our Recipe of Success

3

At the heart of each customer engagement is our desire to understand our client’s business transformation goals and to

execute transformation programs that deliver the desired business benefits.

Success is a Choice

Page 4: Recipe for successful digital intensive transformation of ......Our Recipe of Success 3 At the heart of each customer engagement is our desire to understand our client’s business

Copyright 2018 Midagon

First the plan and pilot proposal (acc. to the CE playbook)

• The outcome is a roadmap

• The actual transformation journey is gradual and may have

three phases:

• I Explore & shape; II Attrack & Win; III Scale fast & keep growing

• Practical implementation is not in the scope of the playbook.

Midagon transformation services help the organization to

ensure that the transformation journey can be successfully

implemented. Midagon provides customers with independent,

senior experts to

• Run the CE envision & plan workshops

• Design and lead major CE business and digital changes.

Your simplified transformation journey

From circular business ideas to implemented new revenue streams

4

Adapt Adapt

Page 5: Recipe for successful digital intensive transformation of ......Our Recipe of Success 3 At the heart of each customer engagement is our desire to understand our client’s business

Copyright 2018 Midagon6

We minimize risks of your transformation

CxOs and business leaders turn to Midagon when they need help in Business and Digital transformation.

Page 6: Recipe for successful digital intensive transformation of ......Our Recipe of Success 3 At the heart of each customer engagement is our desire to understand our client’s business

Copyright 2018 Midagon

Circular business models change several activities of value chain, and

each activity requires own specific solutions

7

Source: Circular Economy Playbook

Page 7: Recipe for successful digital intensive transformation of ......Our Recipe of Success 3 At the heart of each customer engagement is our desire to understand our client’s business

Copyright 2018 Midagon

To succeed, you must beat the barriers of CE business transformation

8

Midagon whitepaper:

Why large and complex ICT

and digital transformations fail?

Framework for managing

success and failure factors

www.midagon.com/insights/

Page 8: Recipe for successful digital intensive transformation of ......Our Recipe of Success 3 At the heart of each customer engagement is our desire to understand our client’s business

Copyright 2018 Midagon

Midagon recipe for successful digital intensive CE transformation

Ensure that these incredients are clearly in the transformation agenda

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• Extreme leadership support & portfolio priority

• Experienced transformation program management

• Agile finance, external and internal

• Clear program objectives and scope inherited from business model

• Customer experience centric solution design

• Right choice of hybrid physical-digital-people development modes

• program management mode

• the existing product development mode

• agile digital product development mode

• digital business capability development mode

• Architecture, incl. way of working, digital and physical designs

• Competent and collaborative team

• Prepare for data and algorithm based decision making

• Ensure stakeholder participation beyond own organisation

• Independent supplier management

1

2

3

4

5

6

Page 9: Recipe for successful digital intensive transformation of ......Our Recipe of Success 3 At the heart of each customer engagement is our desire to understand our client’s business

Copyright 2018 Midagon

Agree on Clear program objectives and scope, inherited from business model

Key change areas to be agreed in every release

10

1

2 34

5

6

For more information,www.midagon.com/insights/

2

Page 10: Recipe for successful digital intensive transformation of ......Our Recipe of Success 3 At the heart of each customer engagement is our desire to understand our client’s business

Copyright 2018 Midagon

When implementing a Product As a Service business model, you need to

develop the actual offering components and related value chain capabilities

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Customer experience

Sales package

Software

ICT Infrastructure

Data

ICT HW in product

The existing product

Operating model

Offe

rin

gco

mp

on

en

ts

A capabilityOffering component

2

Page 11: Recipe for successful digital intensive transformation of ......Our Recipe of Success 3 At the heart of each customer engagement is our desire to understand our client’s business

Copyright 2018 Midagon

When implementing a Product As a Service business model, you need to

develop the actual offering components and related value chain capabilities

12

Customer experience

Sales package

Software

ICT Infrastructure

Data

ICT HW in product

The existing product

Operating model

Offe

rin

gco

mp

on

en

ts Actual software

development

project

A capabilityOffering component

Digital

development

capability

Data mgmt on edges

Solution & Service

selling

Connectivity on edges

ICT service mgmt

capability for customers

2

Page 12: Recipe for successful digital intensive transformation of ......Our Recipe of Success 3 At the heart of each customer engagement is our desire to understand our client’s business

Copyright 2018 Midagon

Right choice of hybrid physical-digital-people development modes |

Design an Agile CE program execution for learning and incremental releases

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Pilot

”Phase I Explore” releases

• …”Phase II Attrack” releases

• ….

AdaptAdapt …

Transformation program leadership

Frame the journey & initial plan

• …

Release Release Release Release Release Release

4

Page 13: Recipe for successful digital intensive transformation of ......Our Recipe of Success 3 At the heart of each customer engagement is our desire to understand our client’s business

Copyright 2018 Midagon

To succeed, a competent & committed & collaborative team is a must

Top leadership support is the number 1 success factor in complex transformations, The Team follows.

15

Leadership team

• Clear objectives

• A nominated business owner

• Visible, active promotion

Program manager

• Experienced transformation manager

• Team integrations

• Physical and digital content understanding

Architect

• Practical solution architecture design

• Pysical and digital solution components

• Integration points

Agile teams

• Team level autonomy & leadership

• Internal & external subject matter experts

• Material and Technology suppliers

• Customer representatives

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Page 14: Recipe for successful digital intensive transformation of ......Our Recipe of Success 3 At the heart of each customer engagement is our desire to understand our client’s business

Copyright 2018 Midagon

Digitalization services help you to succeed in Circular Economy transformation

Circular Economy (CE) and digital disruption forces enterprises to rethink their offerings and the way that they operate. New business model requirements and digital technologies drive the change. CIOs, CDOs and business leaders must enable new services, speed and agility, which their organization needs to meet digital challenges across its various functions and domains.

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Agile development

Interactive culture

Cognitive solutions

IOT platforms

Cloudification

Application platforms

Digital Transformation

Management Services

Digital & CE Advisory

Services

Assessments PilotingInnovationStrategy

New Product

Introduction

CRM

Production

Maintenance

CE

Business

Domains

Business &

Operating model

Page 15: Recipe for successful digital intensive transformation of ......Our Recipe of Success 3 At the heart of each customer engagement is our desire to understand our client’s business

Copyright 2018 Midagon 17

Start your transformation journey now, changes will never be this slow again.

Page 16: Recipe for successful digital intensive transformation of ......Our Recipe of Success 3 At the heart of each customer engagement is our desire to understand our client’s business

Copyright 2018 Midagon 18

Experience

SUCCESS IS

A CHOICE

Passion

Insight

Tero Lindholm

+358 50 484 5277

[email protected]

Partnering with you

We provide you with independent, senior experts

• to run the CE envision & plan workshops

• to design and lead CE and digital transformations.

Page 17: Recipe for successful digital intensive transformation of ......Our Recipe of Success 3 At the heart of each customer engagement is our desire to understand our client’s business

Copyright 2018 Midagon 19

Thank You