Digital Leaders Blog

digital leadership (20)

Capgemini's recent report Understanding Digital Mastery Today is required reading for anyone invloved in leading digital transformation programmes.

You are not alone in the barriers and obstacles you face!

Based on an extenisve survey of 1,300 executives in over 750 global organisations, the research concludes that many are finding their digital transformation journeys a real struggle. Only a minority of the organisations surveyed have the digital (39%) and managerial (35%) capacities needed to make their digital transformation successful.

Worringly, there has been a significant decline in organisations' general readiness for digital transformation compared to an identical survey carried out six years…

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Leadership in a Digital Era

The changes brought about by the Internet over the last twenty years are nothing compared to what is coming over the next few years. A convergence of disruptive technologies, combined with the rapid emergence of a new generation of constantly connected, empowered customers and employees (Gen C), is threatening to reshape markets faster than at any time in history.

No industry, no organisation is immune from the threat of being disrupted; just ask your local taxi driver (Uber) or Guest House owner (Airbnb). With labour markets being transformed by artificial intelligence and automation, no individual is immune. 375 million people worldwide may have to switch occupation category by 2030 according to one study (…

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Since May of this year, we have delivered eight of our highly regarded ‘Leading Digital’ Executive Masterclasses, including two five-day programmes, four three-day programmes and twice through online delivery over a five-week period.

Senior managers representing 200 organisations, from 20+ countries, have participated. A live Interactive Polling Tool was used to provide high level insight into the State of Digital Transformation 2018 covering the Americas, Europe, the Middle East and Asia.

Key highlight findings are summarised below:

1.  To what extent is your industry, your organisation, under threat of being disrupted?

Eighty-six per cent of executives agreed that their industry/their organisation was under threat of being disrupted. Twenty-five per cent stated that ‘big bang’ disruption…

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The concept of Digital Operating Advantage is one of the key issues discussed during our ‘Leading Digital’ Masterclasses.

It refers to the way in which organisations can leverage the full potential of emerging technologies to streamline internal processes and systems, improve efficiency, reduce costs, building a more collaborative, cost efficient, agile, responsive, data driven organisation, ‘fit-for-purpose’ in a digital age.

The successful deployment of an Enterprise Social Media (ESM) platform is critical in this respect as highlighted in the video below.

 

The key term above…

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Digital Nation Round Table

I have been invited to participate in a Scottish Business Insider/BT Digital Nation Round Table this coming Friday, being held at the University of Strathclyde's new Technology Innovation Centre (TIC). 

A number of challenging questions have been presented to provide focus to the discussion.

Friends and colleagues will know that I have strong views on most of the issues listed below which I will be expressing on the day.

I would be interested in your own thoughts and comments which I will be happy to communicate to the group.

If you would like to comment, please do so on Linkedin at Digital Nation Round Table.

  • Is Scotland's digital ambition/strategy ambitious enough? What can we…
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By the end of this year, we will have made our own small contribution to the digital transformation agenda having delivered our Digital Leadership Masterclasses in Abu Dhabi, Bahrain, Iceland, Italy, Malta (Digital Leadership for Tourism), Glasgow and Edinburgh.

Registration for our forthcoming Edinburgh programme, in association with the University of Edinburgh Business School, is now open.

Using the very practical tools and templates contained in our Digital Business Transformation Toolkit’, the two-day bootcamp will disseminate best practice strategic and practical advice in becoming a Future Digital Leader. The programme will equip participants with the knowledge and practical…

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Fit for Digital


A new report by Fujitsu, entitled Fit for Digital, has concluded that digital disruption is the new normal, and will fundamentally redefine the way organisations operate.

Across every industry, boundaries are being torn down as hyper-connected technology redefines the limits of what is possible.

‘From creating richer, more rewarding customer relationships to honing razor sharp processes and operations, digital technology is giving organisations the power to reimagine what they can do and what they can be’.

Based on the views of 1,180 C-Suite decision-makers around the world, the report…

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In preparation for the MBA Digital Leadership workshops in Abu Dhabi and Bahrain, the following links will be useful.

Background

How Digital Disrupts Operations, Business Processes and Customer Experiences

Worldwide Spend on Digital Transformation Technologies to Reach $1.2 Trillion in 2017; $2 Trillion by 2020

The Utility Industry: Top Ten Transformation…

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The Case for Digital Reinvention

A new report from McKinsey provides further evidence of a strong positive correlation between digital maturity and subsequent financial performance.

In an era of rapid digital change and digital disruption, the report concludes that “bold, tightly integrated digital strategies will be the biggest differentiator between companies that win and companies that don’t”. The biggest payouts will go to companies that initiate digital disruptions.

Fast-followers with operational excellence and superior organisational health won’t be far behind.

Based on detailed research, the report lists the distinguishing characteristics of ‘digital winners’.

Please visit the Bridgeall blog for a more detailed summary of the main research…

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According to Didier Bonnet, one of the main authors of the highly acclaimed 'Leading Digital' book published two years ago, most large companies are struggling to successfully implement digital transformation with the majority of boards having a long way to go before they are mastering the digital challenge .

In a recent interview, Bonnet made the following observations covering the two year period since publication of the book:

  • CEOs and their teams are now much more aware of the impact of digital technology on their businesses. Many are…
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Ok I know that leadership cannot be ‘taught’, but this Spring I will be 'facilitating' Digital Leadership programmes in the United Arab Emirates, Bahrain, Edinburgh, Glasgow and online in virtual learning land.

With over 30 different nationalities participating across the various locations, it is critical that a global perspective is adopted.

So what progress have different countries around the world made in transforming digitally?

The Most Tech-Savvy Governments

Two of the destinations being visited, the UAE and Bahrain, are listed in the top three countries worldwide in terms of having the ‘most tech-savvy’ governments, according to the World Economic Forum’s Network Readiness Index (see…

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As Scotland procrastinates in developing an updated Digital Strategy, the UAE has set itself a target of being a world leader in adopting Fourth Industrial Revolution technologies.

A six-pillar plan launched by the UAE Government, in collaboration with the World Economic Forum (WEF), seeks to transform the Fourth Industrial Revolution into a global movement spearheaded by the UAE.

The vision is for the UAE to become the first country in the world to experiment with and implement the technologies of the Fourth Industrial Revolution, creating new markets for them.

The new strategy builds on previous government initiatives promoting other disruptive technologies such as the blockchain, smart transportation, 3D printing, and…

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Five key propositions emerge from the growing volume of publications on digital disruption and digital transformation.

1. In an era of pervasive digital change, no industry, no organisation, no individual is immune from the threat of being disrupted. Our FSB Digital Disruption Report from December 2015 listed a broad range of sectors under threat. The question is no longer whether your industry will be affected.  The only pertinent questions to ask now are how severe will the impact be (‘bang’) and over what time scale will this take place (‘fuse’) - see our previous post …

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We are delighted to announce the launch of our Digital Leadership Masterclass in partnership with the University of Edinburgh Business School Executive Education Programme.

The two-day session takes place on the 13th and 14th of October.

Full details can be found here.

At this stage, we are taking registrations of interest in attending. All we need is your name, email address and contact telephone number. I will then arrange a convenient time to contact you to discuss your specific requirements, ensuring that programme content is relevant and customised to your own needs.

You can…

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Our recent FSB Report concluded that no industry, no organisation is immune from the threat of digital disruption. The only pertinent questions to ask now are how severe will the impact be and the timescale over which this will occur? With various estimates suggesting that over 40 percent of jobs could be replaced by digital technology over the next two decades, no individual is immune.

A model developed by Deloitte Australia entitled ‘Short Fuse, Big Bang’ presents a useful framework for evaluating the extent to…

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Genuine Digital Leaders Hard To Find

I have just read a very hard hitting article by Ben Rossi on Information Age entitled ‘Why these people need to be kept away from digital transformations’.

The article issues a strong warning about the growing power of Digital Emperors defined as ‘those in the public and private sectors who are exploiting the digital wave for all its worth in spite of having no real domain knowledge, leadership capabilities or strategic vision’. The list includes politicians, civil servants, corporate execs, trade show promoters (but not Scot-Tech in my view, these guys ‘get it’),digital start-ups and venture capitalists.

The…

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I am delighted to have been asked to offer a new Digital Strategy elective module on the University of Edinburgh MBA Programme.

A taster session, entitled 'Digital Darwinism: How to Avoid Becoming a Digital Dinosaur', will be delivered as a Mini Masterclass on Tuesday 1st December starting at 6pm - as part of the Open Evening for the Executive MBA.

The session will examine how a convergence of disruptive technologies (mobile connectivity, social media, enterprise social, the cloud, big data, Internet of Things, artificial intelligent, automation), combined with the rapid emergence of a new generation of constantly connected customers/employees (Gen C), is threatening to reshape markets faster than any force in history.

In a fast moving and highly interactive session, we will discuss how as organisations, and individuals, we need to…

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New Book: Digital to the Core


Published this week, Digital to the Core by Mark Raskino and Graham Waller from Gartner, represents a very important addition to the growing literature on digital disruption, digital transformation and digital leadership.

The core argument of the authors is that standing still in an era of turbulent digital change is not an option. Enterprises and leaders must re-master themselves to succeed. Leaders must identify the key macro-digital forces impacting on their industry/organisation then provide leadership at three main levels industry, enterprise and self.

All leaders need to understand the impact of the digital revolution on their industries, organisations and leadership style.

The core of the book is structured around what the authors call the three primary disruptive…

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PwC’s 2015 Digital IQTM Survey released earlier this week identified ten leadership behaviours that drive digital performance.

According to the report, based on a study of 2,000 executives across 51 countries, companies with the highest scores across the ten behaviours are 50% more likely to achieve rapid revenue growth and twice as likely to achieve rapid profit growth when compared to the remaining Digital IQ respondents.

One of the most interesting findings is that more CEOs are leading the digital charge, setting the tone that digital is essential for their organization.By contrast, the role of the CIO in digital transformation is diminishing.  Within three years, their role will be limited to managing internal IT efforts.

Now in its seventh year, PwC’s Digital IQ survey tracks best practices and evolving attitudes and…

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According to new research by Harvard Business Review (HBR) Analytic Services, there is a strong positive relationship between digital leadership and business performance. Successful companies have a CIO taking a leadership stance in digital transformation.

The top seven strategies of CIOs within companies that HBR considers “Digital Leaders” - organizations strong in both digital leadership and management - are shown in the infographic below.

A key finding is the importance of digital learning. Digital Leaders place considerable emphasis on raising the digital skills bar having CIOs who are educating and empowering line of business leaders in digital knowledge.

To download the full report, click here (registration…

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