Top Posts Curated By The Digital Transformation People 17th November - 1st December 2022
More from the world of digital transformation and much more. A selection of quality resources for you we've featured in The Digital Transformation People Community & Learning Platform.
In this edition you'll find discussions on leadership, strategy and execution, innovation and corporate scaling, working across silos, go to market and preparing for Web 3.0
If you'd like a deeper dive into these topics visit the?community and learning platform ?where you find many more resources and a community of peers with whom you can share, learn and connect too
Thank you to all for reading and to those whose work I've shared in this edition!
All the best,
Top Picks
Leadership
"Senior executives want something done. In transmitting what needs to be done, they are partial and fragmented in their communication. Those doing the work are not sure of the bigger picture, and how what they are being asked to execute fits with other executional projects.
They begin to do it via their own interpretive lens, often in ways they have successfully done similar things previously in different roles. Shortly afterwards, they are told that they shouldn't be doing it that way. Quite why is never properly communicated. Neither is how they should be doing it." Dr Richard Claydon
Sound familiar? Here's an excellent article from?Geoff Marlow ?building upon this earlier LinkedIn post from?Dr Richard Claydon entitled "Is the strategy execution gap widening?"
An eloquent post from Terence Mauri Founder of Future Hack and Adjunct Professor, IE Business School.
Based on a talk he gave alongside Mark Carney former governor of the Bank of England Terence discusses the "tragedy of the horizon" - a leadership attention trap that most leaders get trapped in. He says:
"It means a failure to lead from the future versus leading from the past. Leading from the future means curiosity over conformity, resilience over fear and agency over 'fake empowerment'. When we lead with the old ways it's a tax on human potential and future potential."
Strategy
When building a great and enduring company it's vital to?get your go-to-market strategy right. Drawing upon many years of corporate and C Suite experience Donald Hawthorne has curated global best practices to create the Go To Market Framework (GTM) which filters this learning through a pragmatic operating executive lens.
Here's his presentation earlier this year at the Strategy Tools Booost Conference.
Richard Rumelt is the author of the seminal book Good Strategy Bad Strategy . Here's a recommendation for his new book The Crux from Andrew Bird a strategy advisor. Andrew has also shared this link to Richard talking on McKinsey's Inside the Strategy Room podcast. Enjoy!
Please welcome?Scott Newton ?as a contributing author on The Digital Transformation People. Scott is a specialist in strategy, value creation, M&A and sustainable EBITDA advising clients globally.
Here he discusses how to use corporate venture capital (CVC) to explore new opportunities for value creation and successful digital transformations based on sound strategic assumptions.
领英推荐
Innovation
Frank Mattes expert in corporate business building and author of Lean Scaleup is offering a FREE webinar on how to turn meaningful ideas into scaled business.
You probably know the stats about scaling innovation / new-business building inside the corporate: only 10-15% of innovation ideas make it to market launch. And only 3% create more than EUR 50 million revenue. So if you are responsible for spotting or creating new value for your business you can Book your space here .
A great article by?Alberto Onetti? Chairman at Mind the Bridge. He begins:
?"Startup forecasts rarely work.
For established companies there are a lot of known knowns in their business models and some known unknowns.
For startups planning is built largely on known unknowns. That's why forecasts fail.
BUT
Startups are built for addressing unknown unknowns.
That's why most of them crash and burn........... "
Collaboration
Stephen Long of the X Factor Podcast speaks Dr. Heidi k Gardener and Ivan Matviak about the finds in their new book. Dr Gardener who shared an introduction to this says:
“One key factor in promoting collaboration is having leaders who communicate to the organization that collaboration is important, in fact it’s expected. Too often when leaders tell stories about successes within the business, they stand up at a townhall and tell a great story about an individual. ....
Well, what if rather they went and told the story of the team that worked together, that broke down those silos, that collaborated across groups and did something that they couldn’t have done as individuals? So, that tone from the top is key, the storytelling, what you choose to focus on in the messaging in the organization. Is it about individuals or is it about examples of collaboration and teamwork and collective success?”
Technology
A presentation by?Peter C Evans ?PhD Chief Strategy Officer | Platform, Marketplace and Ecosystem Design & Strategy | Co-Chair MIT Platform Strategy Summit | Caltech Exec Education |
Based on extensive research on brands and Web3. It covers a number of areas including:
I help heads of corporate innovation units, incubators/accelerators and Growth Officers to enhance collaboration with Core. I am a thought leader and author on out-of-the-box innovation and a HBR Advisory Council member.
1 年Thanks so much for the shout-out, Tim Ellis ! For the ones who missed the Webinar on the end-to-end process: We will have one more (and only one more!) re-run tomorrow, on 25 January 2023. More info and sign-up is at https://www.leanscaleup.com/from-an-ocean-of-ideas-to-a-meaningful-idea-to-a-scaled-new-business/
Patent Strategist helping tech companies design patent strategies that create a competitive advantage, attract investors, and increase valuation | Author of Cracking the Patent Code | Tech Leader Talk podcast host
1 年Lots of great information here. Thanks Tim!
Building a start-up fintech | Programme Director | Operations Director | SaaS | Blockchain | Building smarter digital workflows for capital risk management
1 年Tim Ellis An interesting point re the gap between strategy and execution. Execution failure can often be down to people issues. Not that they want to be difficult, they usually don't, but the vision hasn't been adequately communicated or they haven't bought into it. I posted a deck on this a couple of days ago: https://www.dhirubhai.net/posts/paulmeredith2_people-change-tips-activity-7003265367137476608-QCa_?utm_source=share&utm_medium=member_desktop I'd welcome your thoughts on it.
Turning digital products, platforms and ecosystems into reality ?? | Transforming product into ecosystem organizations ?? | Host @ Business Biome Podcast ???
1 年Tim Ellis my experience (at least for the German market): senior executives (and thanks for not using the term "leadership") don't want to see change. So they may transmit, what needs to be done, but they don't start executing!
Founder, Adjunct Professor, and Keynote Speaker on the Future of Leadership, AI, and Disruption, As seen in the FT, Business Insider and Fortune
1 年Thanks, Tim!