Strategies to survive digital disruption

Question 1

What five emerging trends are shaping the digital landscape for organisations?

Answer 1

Internet of Me
Outcome economy
Platform (r)evolution
Intelligent enterprise
Workforce reimagined

Question 2

What is internet of me?

Answer 2

Users are being placed at the centre of digital experiences through apps and services being personalised

Question 3

What is outcome economy?

Answer 3

Organisations have an increased ability to measure the outcomes of the services that they deliver; customers are more attracted to outcomes than just simply to products, and this is what organisations should focus on.

Question 4

What is platform (r)evolution?

Answer 4

Global platforms are becoming easier to establish and cheaper to run. Developments such as cloud computing and mobile technology offer huge potential for innovation and quicker delivery of next-generation services. The rate of evolution is only going to increase.

Question 5

What is intelligent enterprise?

Answer 5

Using data in a smart way enables organisations to become more innovative and achieve higher degrees of operating efficiency

Question 6

What is workforce reimagined?

Answer 6

whilst greater use is made of smart machines, the role of human beings is not being removed altogether; they are simply being used in a different way. Ways need to be identified in which man and machines can work effectively together to create better outcomes

Question 7

What are the myths about digital transformation?

Answer 7

Organisations that are not digital already have missed their chance
Becoming a digital business is an administrative exercise that focusses on achieving operational efficiencies
Digital transformation can be successfully achieved just by creating a digital business unit headed up by a CDO