Top Posts Curated By The Digital Transformation People 2nd -16th June 2022
Top quality content and discussion on digital transformation curated especially for you!
Access it all by clicking the image below.
Top Picks
By?David Lancefield?CEO Catalyst, strategist and coach I Speaker I HBR Contributor I LBS Guest Lecturer I Podcast Host
David says:?
I've been studying this - up close and personal with some of the best - as well as trying my best to do it myself.
I developed an Extraordinary Essentials test that you can use to assess your strengths and development points. Hundreds of people have taken it.
It's based on six Essentials (with ten characteristics per element):
?"We all know that meeting unmet needs is a key to innovation... but what different types of needs are there? How can you find them? And how can digital help?" says Michael Wade Professor at IMD as he?shares?his latest article from?Harvard Business Review magazine article co authored with fellow Professors of IMD and co authors of??'ALIEN Thinking: The Unconventional Path to Breakthrough Ideas'?Jean-Louis Barsoux?and?Cyril Bouquet?
By?James Currier?General Partner at?NFX.com?
Many people talk about network effects (nfx), but few understand the hidden complexities: what they really are, how they work, the many different types, and how to build and maintain them. In this?manual?13 types of network effects are presented, each with their own playbook. This manual is intended to be a starting point for discussion around nfx.
For an introduction to network effects watch the video below:
Thanks?to Michael Jackson?for sharing this excellent quote from this Forbes interview with Jeff Bezzos on the advantages startups have over corporate incumbents.
"The most important word at Amazon is yes. Bezos explains, correctly, the traditional corporate hierarchy: 'Let's say a junior executive comes up with a new idea that they want to try. They have to convince their boss, their boss's boss, their boss's boss's boss and so on—any 'no' in that chain can kill the whole idea.' That's why nimble startups so easily slaughter hidebound dinosaurs: Even if 19 venture capitalists say no, it just takes a 20th to say yes to get a disruptive idea into business."
To the average person, it must seem as if the field of artificial intelligence is making immense progress. Don’t be fooled. Machines may someday be as smart as people, and perhaps even smarter, but the game is far from over. A closer look reveals that the newest systems, including DeepMind’s much-hyped Gato, are still stymied by the same old problems
There is still an?immense?amount of work to be done in making machines that truly can comprehend and reason about the world around them. What we really need right now is less posturing and more basic research.
Michael G. Jacobides?London Business School?Professor, Advisor, Keynote Speaker introduces the new??Evolution Ltd?framework on?#BuildingEcosystems?in this 15 minute summary for the?California Management Review
You can read the full article here
by Raam Venkatesan?Head of Partnerships/Ecosystems at Huawei Technologies takes some of the fluffiness out of ecosystems by sharing some rules.
He says:
领英推荐
"Without understanding fundamental framework Rules of ecosystems, Bringing together fluffy partners result in waste of Time, money, trust and soft values."Trying" to create ecosystems is best left to Theorists. They know everything well on paper.
#ecosystem?creation is Hard, with LOTS of failures, frustrations, etc. If you are not disciplined and efficient, it will only result in endless discussions with no results."
A post from?Tony Ulwick?Strategyn Founder and CEO, Inventor, Author and Innovation Thought Leader
He says:
"This is one of the biggest problems with innovation today. I see product teams run into this all the time. The problem is mindset. Most product teams have an ideas-first mindset when it comes to innovation. They think innovation is all about generating ideas—maybe lots of them—and hoping some of them will win in the market. But that’s just a guessing game.
The biggest and most unpredictable risk in transformation is people – the natural human instinct ingrained in the human condition is to resist change.
We have all seen leaders not getting on board or worse derailing efforts, the Board not engaging or being engaged, behaviours not really being embedded sufficiently to make them really stick and people reverting back to old patterns of working.
These people risks cost organisations millions of dollars in wasted effort, not to mention the reputational impact of transformation efforts failing.
So how do businesses get people's buy in?
An interesting post from?Justin Brady?as he shares his interview with?Rita McGrath. He says:?
"I bet you thought this only happened to you: a top performer works their butt off, has the data to prove it, but is laid off or fired simply because their boss is threatened by them. Why does this happen? Because politics trump profit.
Recently?Rita McGrath?told me the story of a CEO who, despite having breakthrough success, was immediately fired. Why? Because he succeeded where his predecessors did not.
John Mortimer?uses systems thinking, design thinking, and complexity to help organisations to reinvent their work in the way that they can then design the best services they can.?
In this piece he says:?
"Measurement and service design go hand in hand. But, for many of us, the word 'measures' harks back to graphs and numbers. It speaks of a pile of charts arriving on a managers desk, for them to review and assign blame. .... So, what are alternative measures? They are those that measure of the performance of the WHOLE service and indicate what is going on in the wider system. As a part of the definition of person-centred they begin with the customer. They are a window for us to peek into the system."
Success in Digital Transformation is all about the people. Make sure you secure the talent you need to succeed. Talk to a specialist.
The Digital Transformation People have the knowledge, network and the know how to make sure you secure the talent you'll need to succeed.
Leadership and Organizational Development
2 年Thanks Tim, another great selection of curated information of significant value to many.
Marketing | Admissions | Communications
2 年Fantastic curation as per usual Tim!
The Richest Man in Babylon
2 年Fabulous selection as always, Tim! ????????
Interim Executive leading large/complex M&A integrations & transformations x sector | Portfolio company Chair/NED for PE-backed B2B services & software businesses | Ex Managing Director and Consulting Managing Partner
2 年Thank-you for the shout out Tim and for curating this - look forward to reading all the articles!