Top Posts Curated By The Digital Transformation People 24th Mar - 7th Apr 2022
Welcome to the latest edition of the Digital Transformation newsletter. Some more golden nuggets for you that you may have missed. In this edition, lots on ecosystems, some sage advice on leading transformations and some good overviews on tech - Crypto, Web3 and digital assets to keep you up to speed.
And if you scroll to the end you'll find the inspirational story of Dune Analytics and how through pure grit and determination it's founders overcome seemingly endless rejection only to become a unicorn company in just 3 years !
Top Picks
Four years ago, to accelerate its digital transition, IKEA hired?Barbara Martin Coppola , a seasoned digital executive with global experience from Google to Samsung, with a remit to accelerate the digital transformation of IKEA.?
IMD Professors?Didier Bonnet ?and?Michael Wade? asked Barbara how she faced the challenges of digitally transforming such an iconic global brand.
'Digital Ecosystems: What, Why, How, Who?' Here's a 10 min stimulus presentation?Simon Torrance? gave recently to?The Camelot Network , a community of senior insurance execs. Includes a summary of work he did for the?World Economic Forum ?on digital business model archetypes; describes how platform and ecosystem orchestration business models work to create value; uses Ping An as a case study of global best practice by an incumbent, and ends with the 3 key success factors for incumbent organisations in any sector.
A Thinkers 50 Sponsored interview by?Roopa Unnikrishnan ?with?Rita McGrath ?who introduces ?it thus:
"Ecosystem based competition is not to be taken lightly, and many factors contribute to this. For one thing, markets have taken over from where traditional organizations used to operate - you can access assets and talent without having to own them. It also isn't just company-to-company interactions, but entire interaction fields that emerge between organizations, individuals and stakeholders. These topics and more in this snappy conversation sponsored by?Thinkers50 ."
In his excellent series on the capabilities organizations need to succeed in the context of business ecosystems?Roland Deiser ?Executive Chairman at Center for the Future of Organization, Drucker School of Managementjust shared the the sixth edition of his newsletter discussing the topic. In this edition, he covers the challenge of mastering the organizational diversity of an ecosystem, something he calls?Polydexterity Management.
A share by?Mike Williams ?market place investor and advisor.
He says:
This was a really great workshop led by?Sameer Singh ?Network Effects Advisor & Investor where we did a deep dive into network effects, how they apply to marketplaces, specific examples with?Airbnb ?Uber ?OfferUp , and more.
More articles on Platforms & Ecosystems
Sage advice from?Geoffrey Moore? best known as the author of Crossing the Chasm and Zone to Win
"When disruption strikes, organizations must change, often dramatically. For times like this, bring in someone who already has the mindset needed to play the new hand. What got you here won’t get you there. Just remember that applies to people as well."
An article from?Rob Llewellyn ?CEO of CXO Transform?
He says:?
"The skills required to transform a business are very different to the skills required to operate a business, which is why we sometimes see very experienced managers and leaders struggle to undertake the transformation roles they now find themselves in"
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A Bit On Tech
This article from the New York Times was shared by?Anthony Day ?Blockchain Leader | LinkedIn Top Voice | 45k+ | Web3 | Digital Strategist |who says:
"???? MUST READ: New to Blockchain, Crypto and Web3 and need to get up to speed? Fear not. This article has everything you need to know…
It’s hard to avoid commentary around Blockchain, Bitcoin, NFTs and to a lesser extent, enterprise Blockchain. But there’s still a lot of jargon, misrepresentation, or context missing for people to relate to the opportunities this technology can provide.
This article from the NY Times will help you get up the curve, with topics and FAQs"
An article by?Sanjeev Sharma? Architect by Trade, Platform Engineering Lead,
"This post is not a technical post about the economic value web3 promises to bring by freeing up the digital assets you and I own, or may own in the future. It's a thesis of how web3 promises to enhance the value proposition for someone who today may or may not own digital assets but most certainly will in the future."
A Great Story About Not Giving Up !
I love this story of perseverance, grit and determination. Congratulations to?Mats Olsen ?and??Fredrik Hiring Haga ?who founded?Dune Analytics ?and?became a unicorn company at only 16 employees just 3 years later!
"For months we had no salary nor funding. For 2 years we got consistently turned down by 100s of investors.
Our recent series B was done without me doing a single pitch.
Here's the story of our fundraising journey."?
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2 年Another great edition Tim Ellis! Thank you for sharing. Hope you and TDTP are well ??
Drucker Senior Fellow | Chair of the Center for the Future of Organization at Drucker School | Professor of Organizational Politics | Author of 4 books | Keynote Speaker | Advisor | Publisher of DLQ
2 年An excellent collection, as always, Tim! Glad you found my thoughts on #polydexterity intriguing enough to include them here.
I help managers, leaders & consultants have more impact on business transformation.
2 年As always, excellent curation Tim. Thanks for including my two-penneth.