The Innovator’s Imperative PDF Download

Author: Stephen J Andriole
Publisher: CRC Press
ISBN: 1351773526
Category : Business & Economics
Languages : en
Pages : 142

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Book Description
The pace of technological change is accelerating, hyper competition is growing, opportunities for business model disruption are exploding, and comprehensive cloud delivery is readily available. These factors challenge every aspect of business technology strategy. The Innovator’s Imperative: Rapid Technology Adoption for Digital Transformation prepares twenty-first century businesses leaders for competing and leading in this disruptive digital environment. Five years of research conducted by the authors suggests that leading companies have all but abandoned the requirements analysis and modeling best practices of the twentieth century. Accordingly, the authors put forth the innovator’s imperative that contends: All companies wanting to be competitive should adopt emerging and disruptive technologies as quickly as possible, and in many cases, immediately. Technology is driving business strategy, and companies are rethinking their technology strategy, especially the governance that determines how and why technology investments are made. Based on their research the authors have developed a five-step framework for digital transformation: Model and simulate Identify high-leverage opportunities Prioritize transformational targets Identify digital opportunities Find courageous leaders The book explains each of these steps to guide business leaders in architecting digital transformation projects according to their organization’s market positions, budgets, objectives, and corporate culture. Hyper-competitive, disruptive companies are jumping across technology adoption phases without regard to any phasing whatsoever. Companies focused on digital transformation often adopt emerging technologies immediately. They have become early adopters of technologies that can impact existing—and create whole new—business models and processes. This book examines this jump into new technologies, processes, and business models to prepare twenty-first century business leaders to make that leap.

Author: Farah Faisal
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
What is the state of digital adoption by businesses? Are businesses able to leverage and keep up with the rapid pace of technological change? What policies are needed to ensure robust adoption by start-ups and small businesses? This panel will take stock of business adoption in the enterprise and small business sectors of Canada, and explore the challenges and opportunities to digital technologies. A new body of Canadian research has shown that the majority of businesses are online and using a range of digital tools, from social media to e-commerce to mobile applications. A report by the Canadian Federation of Independent Business that polled over 2000 small and medium sized enterprises concludes that businesses of all sizes and from all sectors are adopting various digital technologies in their operations. Arriving at a similar conclusion a report by Start-up Canada, a trade association representing the Canadian start-up community determined that digital networks have vastly expanded potential market opportunities for small businesses, enabling them to reach customers world-wide. Yet, the research also highlight clear challenges and persistent divides in digital adoption among businesses. The reports broadly agreed that the complexity and time required to adopt digital tools is a significant challenge. The report from Start-up Canada highlighted the pressure of digital onboarding, technology implementation, and maintenance as a significant upfront investment in time and cost for small business owners. An OECD report suggests that training is a barrier to adopting digital technologies in Canada and other G20 nations. Data from the Canadian Chamber's survey revealed that only 37% of businesses invest in digital skills literacy, 50% invest in software training and only 31% invest in cybersecurity training. Moreover, survey data show that specific groups are particularly unequipped to leverage advanced digital tools. Women entrepreneurs are 20 per cent less likely to leverage digital technologies when operating their business than men. At the same time, digital adoption rates are two times higher amongst immigrant small business owners (SBO) than born-Canadians. Immigrant SBOs are also more likely to both leverage digital technologies in their companies and invest in digital skills building. These findings raise questions on the trends and barriers to online adoption. What are the hurdles inhibiting participation beyond the cost of access? How can we formulate policy that sparks adoption? With the aim of widening and deepening the TPRC community's knowledge of adoption issues, this panel will frame the challenge and ignite a data-driven, candid conversation using Canada as a case-study. The TPRC community will grapple with the big and broad question on how to ensure that the internet remains a meaningful and transformative technology the digital economy. The panel will be composed of the following voices. Panelist #1 will discuss a Canadian research study that provides insights on internet usage in the small business and start-up scene. Panelist #2 will provide a deeper dive into the challenges felt by enterprise-size businesses. Panelist #3 will consider the trends internationally, including but not necessarily limited to North America.

Author: Raj Sundarason
Publisher:
ISBN: 9789811816499
Category :
Languages : en
Pages : 174

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Book Description
Are you staking your organization's reputation and success on technologies and systems that actually weaken its ability to thrive? As teams struggle to out-perform, new software offers opportunities to improve business outcomes. Yet millions of dollars and hours of productivity are wasted each year as companies fail to manage change in a cloud technology-led world. The problem isn't the people or software-it's a lack of confidence and knowledge. Enable new ways of working to de-risk and accelerate the potential value from your digital transformation initiatives with Digital Adoption Platforms. In The DAP Strategy, Raj Sundarason, chief evangelist for the world's premier DAP provider, shares practical insights to empower leadership teams and employees to master digital tools. Strategic yet nontechnical, this is your guide to accelerating capability and unlocking the potential of digital transformation programs for your organization. You'll discover: The power of DAPs to help your "baby users" confidently navigate new digital tools, completing processes faster and more accurately. How to unlock cashable benefits by leveraging existing system data to fix process friction points that impact your P&L. Positive benefits of DAPs on employee workflow, work culture, and customer relationship management. A framework to assess the value and economic impact of DAP content on business objectives. What your organization must do to ensure successful digital transformations for the competitive advantage you need-because DAPs aren't enough. Transform your organization from the inside out! Get The DAP Strategy now to leverage the Power of How and start your company on the path to a successful, DAP-driven future.

Author: Anirvan Sen
Publisher:
ISBN:
Category :
Languages : en
Pages : 128

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Book Description
There is a momentous need for every company to become digital to survive in the coming decade. There is a digital tsunami coming. Irrespective of its size, location or industry, companies across the spectrum face the same colossal existential threat. As more of the population get online and technology advances, more businesses will be compelled to conduct businesses through digital platform. The signs are clear and ominous. But large number of companies are absolutely clueless on where to start? Many of them have their heads deeply buried in the sand. Then, there are others who have highly myopic understanding of digital technologies. And the biggest one is by far the ones who believe that digital transformation is a binary journey. They believe that you can only become a digital company when you have a digital product or service. Unfortunately, this could not be further from truth. To become a true digital company, a business has to go much beyond having a digital product or service. In fact, having a digital product or a service is not even a pre-requisite anymore. Companies must identify digital ways for their user interactions, they must have digital marketing campaigns, share their knowledge through content marketing, create insightful data from their virtual interactions with their customers and manage infrastructures that are based in the cloud. A company must have a comprehensive 360 approach with enabling technology and new-age digital tools to truly imbibe the spirit of being digital. In order to help you get a comprehensive view, we have identified 11 critical elements that form the foundation of a digital company. These 11 elements have been combined to form a Digital Adoption Framework (DAF). This framework is the cornerstone of our Digital Ideation approach. Once you have got a comprehensive understanding of the Digital Adoption Framework, you must then use the DAF lens to study your existing and potential customers. First, you must define different types of users that you can potentially interact in the virtual world and then undergo a learning process for all different facets of your customer, their emotions, their aspirations and their interactions with you. By studying and reviewing different angles of a customer relationship, you will generate hundreds of ideas that you can adopt through digital medium. Once you have understood DAF and applied it to understand your interactions with your customers and prospects, that is when you are ready to conduct a "deep" ideation session. Ideation may sound easy, but most companies struggle with it. Once you have generated the first few ideas, you will find that after the initial set, it becomes hard to generate additional ideas. Companies start to struggle after their first 20 ideas. With a bit of concerted effort and focus, companies can get another 10-15 ideas. But after that, it is an uphill battle. There are two reasons why one must look at generating 100+ ideas. One is that companies need a big repository of ideas to choose from. The bigger the idea pool, the wider their choice. Secondly, by undergoing this mass idea generation, you will not leave any stone unturned and would have comprehensively, reviewed all aspects that can potentially give you digital ideas. We have used the 6M cause-and-effect tool that is widely used in the LEAN six-sigma world. By going through each of the elements explained in the chapter, along with DAF thinking and your customer profile lens, you should be able to generate hundreds if not thousands of ideas that can give you that elusive growth that you have been looking for so desperately. The book has been structured for a short read. That is why, I have distilled important topics and put them in an easy-to-understand format for you.With this I wish you all the best, happy reading and may you get 100+ ideas to grow your business.

Author: Sandhu, Kamaljeet
Publisher: IGI Global
ISBN: 1799828018
Category : Business & Economics
Languages : en
Pages : 342

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Book Description
There are many advantages to incorporating digital services in business, including improved data management, higher transparency, personalized customer service, and cost reduction. Innovation is a key driver to how digital services are formed, developed, delivered, and used by consumers, employees, and employers. The largest differentiator comes from having a digitally empowered workforce. Companies increasingly need digital workers to establish greater digital skills to bear on every activity. Business leaders especially need to steer digital priorities, drive innovation, and develop digital platforms. Leadership, Management, and Adoption Techniques for Digital Service Innovation is an essential reference source that discusses the adoption of digital services in multiple industries and presents digital technologies to address and further advance innovation to drive successful solutions. Featuring research on topics such as cloud computing, digital business, and value creation, this book is ideally designed for managers, leaders, executives, directors, IT consultants, academicians, researchers, industry professionals, students, and practitioners.

Author: Kamales Lardi
Publisher: John Wiley & Sons
ISBN: 1119871018
Category : Business & Economics
Languages : en
Pages : 332

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Book Description
Master the essential human component of digital transformation In The Human Side of Digital Business Transformation, veteran emerging technology expert Kamales Lardi delivers an essential and practical exploration of the real-world implementation of digital transformation. The book teaches readers how to drive digital business transformation success by addressing a key element – the people side of transformation. This includes managing internal stakeholders, such as leadership teams and employees, as well as external stakeholders, such as customer, partners and supplier. The author provides a proven digital business transformation framework that facilitates the successful execution of new digital solutions. She also discusses: Digital maturity and transformation readiness assessments complete with supplementary, online tools Best practices and key learnings that drive the human side of transformation Real-world case studies and examples from renowned business leaders that offer success factors A can't-miss resource for leadership teams, management, and board members, as well as change managers and leaders in organizations, The Human Side of Digital Business Transformation will also be invaluable for students in business and executive education programs, consultants, and other business leaders interested in digital transformation.

Author: Paul Leinwand
Publisher: Harvard Business Press
ISBN: 1647822335
Category : Business & Economics
Languages : en
Pages : 142

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Book Description
Two world-renowned strategists detail the seven leadership imperatives for transforming companies in the new digital era. Digital transformation is critical. But winning in today's world requires more than digitization. It requires understanding that the nature of competitive advantage has shifted—and that being digital is not enough. In Beyond Digital, Paul Leinwand and Matt Mani from Strategy&, PwC's global strategy consulting business, take readers inside twelve companies and how they have navigated through this monumental shift: from Philips's reinvention from a broad conglomerate to a focused health technology player, to Cleveland Clinic's engagement with its broader ecosystem to improve and expand its leading patient care to more locations around the world, to Microsoft's overhaul of its global commercial business to drive customer outcomes. Other case studies include Adobe, Citigroup, Eli Lilly, Hitachi, Honeywell, Inditex, Komatsu, STC Pay, and Titan. Building on a major new body of research, the authors identify the seven imperatives that leaders must follow as the digital age continues to evolve: Reimagine your company's place in the world Embrace and create value via ecosystems Build a system of privileged insights with your customers Make your organization outcome-oriented Invert the focus of your leadership team Reinvent the social contract with your people Disrupt your own leadership approach Together, these seven imperatives comprise a playbook for how leaders can define a bolder purpose and transform their organizations.

Author: Sandhu, Kamaljeet
Publisher: IGI Global
ISBN: 1799885852
Category : Business & Economics
Languages : en
Pages : 410

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Book Description
With the far-reaching global impact of the COVID-19 pandemic, the demand and the necessity for digital enterprise transformation have accelerated exponentially. Management and strategies for the adoption and wider usage of newer digital technologies for the transformation of an enterprise through digital tools such as real-time video communications have shown that people no longer need to be required to be physically present in the same place; rather, they can be geographically dispersed. Technologies such as artificial intelligence, cloud computing, digital banking, and cloud data have taken over tasks that were initially done by human hands and have increased both the automation and efficiency of tasks and the accessibility of information and services. Inclusion of all these newer technologies has shown the fast pace at which the digital enterprise transformation is rapidly evolving and how new ecosystems are reshaping the digital enterprise model. Disruptive Technology and Digital Transformation for Business and Government presents interesting research on digital enterprise transformation at different stages and across different settings within government and industry, along with key issues and deeper insights on the core problems and developing solutions and recommendations for digital enterprise transformation. The chapters examine the three core leaders of transformation: the people such as managers, employees, and customers; the digital technology such as artificial intelligence and robotics; and the digital enterprise, including the products and services being transformed. They unravel the underlying process for management and strategies to fully incorporate new digital tools and technologies across all aspects of an enterprise undergoing transformation. This book is ideally intended for managers, executives, IT consultants, business professionals, government officials, researchers, students, practitioners, stakeholders, academicians, and anyone else looking to learn about new developments in digital enterprise transformation of business systems from a global perspective.

Author: Belem Barbosa
Publisher:
ISBN: 9781799890096
Category : Information technology
Languages : en
Pages :

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Book Description
"This book analyzes the drivers of digital transformation of businesses by assessing digital transformation success factors in the short, medium and long run, using case studies of digital adoption by companies in different business sectors"--

Author: Anirvan Sen
Publisher:
ISBN:
Category :
Languages : en
Pages : 86

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Book Description
This is the decade when most businesses will become digital. It does not matter whether you are a logistics business, a training company, a retail business or a consulting business, most of the activities of your company are going to be conducted on a digital medium. With so many people being online and companies adopting novel ways to connect with customers and even prospective buyers using enabling technologies, it has become imperative that all businesses must have a digital strategy.Even with a good understanding of enabling technologies, businesses fight with finding the right applications within their organization. The bridge between theory and relevance is often a bridge too far. But innovation always finds its way through.What is your digital strategy? What is your competitive advantage story? How are you going to service and support your customers as well as prospects?Digital adoption is not a binary change. In this book, we have introduced an 11-elements Digital Adoption Framework on various digital innovations usage focused on business growth ranging from user experience, digital marketing, knowledge marketing to all the way of being a complete digital and data organization. This framework will allow you to convert your digital aspirations into manageable chunks of tactical approaches.This book will provide you a structured approach on how to adopt digital technology seamlessly and unlock opportunities that will put your business on a high growth trajectory.