Some clarity on your ecosystems play, strategy, innovation and much more.
More of the best posts on Digital Transformation and related topics for you to enjoy.
In this edition, we kick off with two excellent pieces on innovation from the team at Strategyzer and Andrew Binns co-author of 'Corporate Explorer' who shares his insights on the missing discipline in scaling corporate innovation.
And there's much more too including a brilliant article by Professor?Michael G. Jacobides of the London Business School on how businesses can find clarity on their role in ecosystems which fast becoming "an essential ingredient in most, if not all, organisations" (David Lancefield)
All of these articles and many more are accessible in the Community and Learning Platform which has become a comprehensive knowledge base full of quality articles and resources which you are free to access .
AND finally, The Digital Transformation People network is here to help so if you're looking to grow your team or you need help identifying quality services from partners and others in our network please do reach out and I'll connect you.
To get in touch, you can message me here or?book a call ?to start a conversation.?
Thanks for reading!
Tim
Top Picks
From Alexander Osterwalder ?- Founder & CEO and Nick Himowicz ?Innovation Coach at Strategyzer
"The only thing that matters in innovation is results" say Alex Osterwalder.?
This excellent webinar discusses where innovation should sit in your organisation plus some frameworks and tools to help create a process that’s enough to create the speed and flexibility of a start up with the rigour required of a corporation.?
And there are some lessons learned here too including from Huber Joly - Former CEO of Best Buys who says:?
?“One of the mistakes I made for a while was expecting that the organisation that was? in charge of running the business would be able to innovate but there’s no capacity ……. a breakthrough moment was when we established the strategic growth office staffed with top notch people dedicated to identifying which opportunities to prototype, pilot and scale”?
By Andew Binns - Strategic Innovation Advisor and co-author of Corporate Explorer
I am often asked, ‘how can corporates scale innovation?’. My answer in Corporate Explorer was - build a scaling path to assemble the customers, capabilities, and capacity to scale. I am pleased to announce a new article (with?Christine Griffin ?) in the?MIT Sloan Management Review ?that explains this approach using the amazing work of?Deborah Di Sanzo ?at?Best Buy Health . This is exactly the sort of story that people tell me cannot happen. A large corporation innovating to create a new business leveraging assets from the core, as well as acquisitions, and what they build as a team. These are high class achievements, but ones that others can replicate.
A brilliant article by Professor?Michael G. Jacobides ?of the London Business School and shared by David Lancefield who recounted a conversation in which an executives told him "ecosystems feel rather esoteric" but as David says, ecosystems are an essential ingredient in most, if not all, organisations.
In this article you'll find much needed clarity on the roles of complementors, partners and orchestrators plus some hard truths about participation and particularly attempts at orchestration. Some nice examples too of where some have succeeded - I particularly liked the KPN example.
Thank you Massimo Marcolivio co author of this piece who says:
The failure rate of digital transformation initiatives remains too high, and the current economic environment does not make things any easier for those who need to invest: measurement has become a "must have".
With IMD Professor?Michael Wade , we have spent years organizing the most effective digital transformation KPIs across four categories: operational efficiency, workforce engagement, customer engagement, and new sources of value creation.
By Rita McGrath - Professor at Columbia Business School and best selling author
Achieving sustainable competitive advantage is nearly impossible these days. A playbook for strategy in a high-velocity world.
领英推荐
As featured in the highly prestigious HBR 10 Must Reads for Executive Teams collection, which is coming out on June 27 2023. The editors select articles they consider to be high impact that have stood the test of time.?
Karthik Krishnan ?- Venture Chair, Global CEO, NYU- Stern Professor & NACD Certified Board Director
Summarises this HBR article By Rita McGrath and Ram Charan?as follows:?
"All remote" and "Permissionless" organizations are likely to become a common place in a world that is increasingly Volatile, Uncertain, Complex, and Ambiguous (VUCA). To thrive in a VUCA environment, organizations need agility (strategy and execution), and to flex resources (talent to technology) at will to meet market demands. While the concept of "All remote" is more understood, "Permissionless Corporation" is a relatively new concept highlighted by?Rita McGrath ?(Professor?Columbia Business School ) and?Ram Charan ?
Efi Pylarinou ?- Global Influencer - Fintech & Disruptive Tech
How Generative AI is Revolutionising Travel ?? ??
Thank you?Simon Torrance ?for?sharing? this article from?Steve Blank ?Adjunct Professor at Stanford University and co- creator of the Lean Startup movement.
Simon says:?
Here's one of best articles I've read about?#ChatGPT , by?Steve Blank , the godfather of entrepreneurial innovation. He says: "Most people (including me) believed that these AI applications would be incremental improvements. We were very, very wrong. With the introduction of ChatGPT-4, we may have seen the invention of something with the equivalent impact on society of explosives, mass communication, computers, recombinant DNA/CRISPR and nuclear weapons - all rolled into one application."
Simon Eaves - Market Unit Lead United Kingdom & Ireland at Accenture
Accenture 's?#techvision2023 ?is always a useful read, but this year's focus on?#AI ?and?#data ?is unusually relevant. This is a guide to the topics everyone wants to talk about right now. Definitely worth taking some time to dive in.?https://lnkd.in/eQSVzE_G
Talent & Expertise
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People who will assist with strategy, innovation and leadership as well as augment your own team to leave them up-skilled, motivated and capable of driving your transformation forward to success.?
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Thanks for reading!
22 Years of Experience as an Entrepreneur, Mentor, Founder, Coach, Consultant, Trainer. Ridiculously good-looking for brief periods of time. Available to take on additional Non-Executive Director & Advisory Board roles
1 年Great compilation as always Tim Ellis
Strategic advisor and coach | Helping C-Suite Execs transition to new roles and make the best possible start | Founder, Strategy Shift I HBR Contributor I LinkedIn Top Voice 2024 I LBS Guest Lecturer I Podcast Host
1 年Another brilliant curation of fascinating articles, thank you Tim!
Senior Director & Head of Transformation, Change & Change Management (Chartered Fellow CIPD & M.Com) - GBS, Finance & HR transformation | Digitalisation & AI | TOM Ideating and delivering, positive, impactful change.
1 年Tim Ellis Thank you for these value adds. When I studied Digital Strategies for Business three years back, we spent some time looking at coopetition in an echo system so this really looks interesting.