WHY IT MATTERS: Digital Transformation
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WHY IT MATTERS: Digital Transformation
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March 15, 2020 8:27 AM
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Coronavirus will test remote work and remote learning - but most companies aren't built for the virtual world and thus need more than #technology to make it work

Coronavirus will test remote work and remote learning - but most companies aren't built for the virtual world and thus need more than #technology to make it work | WHY IT MATTERS: Digital Transformation | Scoop.it

Most companies and universities aren't built for the virtual world.

  • They're filled with managers and professors who value face-to-face interaction.
  • Workplaces exist precisely because sharing physical space fosters teamwork and sparks creativity.
  • And as Axios' Ina Fried reported this week, there are plenty of jobs that just can't be done remotely.
Farid Mheir's insight:

WHY IT MATTERS:  Sooooo true! we have many technologies to enable remote work, from videoconferencing to shared documents with collaborative editing. The problem is that humans want - need? - to meet face to face, to interact in meaningless fashion, to foster creativity, innovation, and develop a sense of community with fellow employees.

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March 11, 2020 8:11 AM
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Remote work may be the biggest long-term impact of the #coronavirus covid-19 scare of 2020 via@box

Remote work may be the biggest long-term impact of the #coronavirus covid-19 scare of 2020 via@box | WHY IT MATTERS: Digital Transformation | Scoop.it
  1. Productivity Tools - Pre-built integrations with productivity suites like G-Suite and O365 from within Box avoid interrupting your pace of work
  2. Collaboration Workspaces - Deep integrations with key collaboration workspaces - like Slack, Microsoft Teams and Hangouts - helps connect teams and conversations to content
  3. Video Communication - With the latest Zoom integration, users can share files directly from your Box account into a Zoom Meeting using the screen sharing function - without ever leaving the Zoom app
  4. Line of Business Apps - Support front and back-office departments with key e-signature integrations with Docusign and Adobe Sign and critical line of business applications like Salesforce, NetSuite, AutoCAD and more
  5. Security - apps like Okta, onelogin, Azure Active Directory and others not only support single sign-on, but mobile device management and cloud security as well
Farid Mheir's insight:

WHY IT MATTERS: I always thought that companies would embrace remote work to cut costs or empower employees with flexible schedules but it maybe that the fear of disease will be the biggest trigger. Here box.com provides a list of solutions companies like them should use to enable remote work today.

The chart is from NYTimes 2017 article on remote work: https://www.nytimes.com/2017/02/15/us/remote-workers-work-from-home.html

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March 10, 2020 10:23 AM
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Coronavirus' business impact and 7 actions companies should take: an evolving perspective via @McKinsey

Coronavirus' business impact and 7 actions companies should take: an evolving perspective via @McKinsey | WHY IT MATTERS: Digital Transformation | Scoop.it

The COVID-19 outbreak is a human tragedy and has a growing impact on the global economy. This is McKinsey's evolving take on coronavirus' business implications.

Farid Mheir's insight:

WHY IT MATTERS: I usually do not do news but I find this report from McKinsey veery useful, especially the action recommendations. And the data.

debamitachatterjee@gmail.com's comment, March 10, 2020 11:27 AM
Sharing this..
ranoazes's comment, March 10, 2020 12:13 PM
good article, useful data recovery tool: http://www.luckyrecovery.com/mubj/0_list.html
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February 5, 2020 7:55 AM
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everyone is connected (4bn people have a smartphone); the Next Big Thing is about Tech becoming a regulated industry, but we don’t really know what that will mean via @benedictevans

everyone is connected (4bn people have a smartphone); the Next Big Thing is about Tech becoming a regulated industry, but we don’t really know what that will mean via @benedictevans | WHY IT MATTERS: Digital Transformation | Scoop.it

Presentations by Benedict Evans: Standing on the Shoulders of Giants, The End of the Beginning and Mobile is Eating the world.

‘Standing on the shoulders of giants’ looks at what it means that 4bn people have a smartphone; we connected everyone, and now we wonder what the Next Big Thing is, but meanwhile, connecting everyone means we connected all the problems. Tech is becoming a regulated industry, but we don’t really know what that will

Farid Mheir's insight:

WHY IT MATTERS:  a great review of the state of eCommerce and Internet but with a different twist: the fact that because everyone is connected means that the next big thing will be regulating the tech solutions we use everyday. What does this mean for business digital transformation? Get ready for more constraints, the Far West may be over...

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January 30, 2020 11:45 AM
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State of #RetailTech in 2020 by @CBinsights

State of #RetailTech in 2020 by @CBinsights | WHY IT MATTERS: Digital Transformation | Scoop.it

Key findings: 

- Funding to retail tech companies slowed in 2019. 
- Retail tech deals shifted toward later stages. 
- Companies in Asian countries are winning more deals.
- Among the unicorns born in 2019, 31 were retail tech companies

- In-store retail technology investment grew significantly in 2019.
- Funding to e-commerce companies and related technologies declined in 2019.
- Deals to new retail formats also slowed in 2019.
- Funding to supply chain & logistics tech continued to rise.
- Deals to on-demand businesses slipped slightly.
- Online grocery and broader food delivery deals declined.
- Funding for artificial intelligence (AI) companies working across retail tech functions accelerated in 2019.

Farid Mheir's insight:

WHY IT MATTERS: retail is using technology to transform and keep stores relevant as it faces brutal competition by Amazon. This report reviews some key retailTech startups and innovations.

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January 21, 2020 2:17 PM
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Special Report on Artificial Intelligence by @Fortune should on your weekend #mustRead #AI

Special Report on Artificial Intelligence by @Fortune should on your weekend #mustRead #AI | WHY IT MATTERS: Digital Transformation | Scoop.it

The hype about artificial intelligence is unavoidable. From Beijing to Seattle, companies are investing vast sums into these data-hungry systems in the belief that they will profoundly transform the business landscape. The stories in this special report will deepen your understanding of a technology that may reshape our world.

Farid Mheir's insight:

WHY IT MATTERS: this special report provides good insights into what state of the art on AI is from a business application standpoint.

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December 24, 2019 7:53 AM
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Rich nations urged to prep workers for age of automation - case in point: >80% of population was farming less than 100 years ago. Today, 2%. Yet, we all jobs, just DIFFERENT ones. Real question: Wh...

Rich nations urged to prep workers for age of automation - case in point: >80% of population was farming less than 100 years ago. Today, 2%. Yet, we all jobs, just DIFFERENT ones. Real question: Wh... | WHY IT MATTERS: Digital Transformation | Scoop.it
Technological change driving ‘creative destruction’ in jobs market, says OECD
Farid Mheir's insight:

WHY IT MATTERS: recurring theme for the past few hundred years: you won't have jobs become technology will make you irrelevant. TRUE. Case in point, more than 80% of population was working on a farm less than 100 years ago. Today, 2%. Yet, we all jobs, just DIFFERENT ones. What will yours be in 2050?...

PSK Technologies Nagpur's comment, December 25, 2019 6:36 AM
thanks for information: http://bit.ly/2l1NnZI
Gusti Aji's curator insight, January 20, 2020 1:09 AM
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November 7, 2019 7:30 AM
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CDP Marketplace Trends Webinar from @RSG provides much needed update on this new very immature technology and states the obvious: if you have a use case then go ahead, otherwise wait #digitalTransf...

CDP Marketplace Trends Webinar from @RSG provides much needed update on this new very immature technology and states the obvious: if you have a use case then go ahead, otherwise wait #digitalTransf... | WHY IT MATTERS: Digital Transformation | Scoop.it

The MarTech marketplaces that RSG covers continue to evolve rapidly and have become more complex (with more overlaps!) this year. The Customer Data Platform (CDP) market is no different - with new vendors, more investment, emerging niches, and evolving use cases.

Farid Mheir's insight:

WHY IT MATTERS: always great insights by RSG, this one is same. The net net: CDP is a great but immature technology with too many use cases and no solution that delivers on all of them. If you have a use case that mandates a CDP, go ahead and pick the best of breed solution that suits your needs. Otherwise, wait. So true.

Listening to the webinar I could not help and wonder: who in an organization should be leading a CDP implementation? The use case scream marketing but the technology requires IT skills and expertise. When will the role of marketingTechnologist finally become a reality?...

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October 30, 2019 8:08 AM
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Skills of workers trend towards #DataScience & #ML but also business & social skills, all areas where computers fail miserably #beWarned @Gartner @dataiku

Skills of workers trend towards #DataScience & #ML but also business & social skills, all areas where computers fail miserably #beWarned @Gartner @dataiku | WHY IT MATTERS: Digital Transformation | Scoop.it

Get a copy of the playbook Leading Upskilling Initiatives in Data Science & Machine Learning, compliments of Dataiku.

Farid Mheir's insight:

WHY IT MATTERS: AI & ML will replace many jobs but this report from Gartner confirms that workers should improve their business and social skills to differentiate.

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October 27, 2019 7:44 AM
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The jobs of the future are growing faster than all jobs, but this does not mean transition will be painless via @Axios @Cognizant

The jobs of the future are growing faster than all jobs, but this does not mean transition will be painless via @Axios @Cognizant | WHY IT MATTERS: Digital Transformation | Scoop.it

Maybe you didn't grow up dreaming of being an "augmented reality journey builder" or "master of edge computing" or a "cyber calamity forecaster." But someone will. Jobs of the future will be heavy on the use of algorithms, automation and AI; customer experience; environment; fitness and wellness; health care; legal and financial services; transport; and work culture.

Farid Mheir's insight:

WHY IT MATTERS: it looks like the new technologies that replace jobs at a rapid pace are also creating new ones at a faster pace. This may prevent dooms day scenarios where self-driving trucks make truck drivers useless for example. However, looking at the new jobs created the skills they require is very different from the one they replace (not sure truck drivers can master edge computing easily - or enjoy it). More disturbing some of the high growth jobs are low paying ones, such as elderly care workers. Change thus will be hurtful for many of the displaced.

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October 26, 2019 7:49 AM
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#AI 101: What is artificial intelligence and where is it going? @MIT @SeattleTimes

#AI 101: What is artificial intelligence and where is it going? @MIT @SeattleTimes | WHY IT MATTERS: Digital Transformation | Scoop.it

The A.I. Age | This 12-month series of stories explores the social and economic questions arising from the fast-spreading uses of artificial intelligence. The series is funded with the help of the Harvard-MIT Ethics and Governance of AI Initiative. Seattle Times editors and reporters operate independently of our funders and maintain editorial control over the coverage.

Farid Mheir's insight:

WHY IT MATTERS: a good long read about AI, machine learning and what are current possibilities, for non techies. Part of a larger series of articles from MIT and Seattle Times paper.

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October 22, 2019 7:29 AM
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Gartner Report on #Security Organization Dynamics shows how complex it has become to make companies secure - which begs the question "who's RESPONSIBLE when a security breach occurs?" @Gartner

Gartner Report on #Security Organization Dynamics shows how complex it has become to make companies secure - which begs the question "who's RESPONSIBLE when a security breach occurs?" @Gartner | WHY IT MATTERS: Digital Transformation | Scoop.it

The growing cyber skills shortage drives security organizations to look for ways to mitigate the pain and danger that short-staffed security teams can experience. In its report, Security Organization Dynamics, Gartner outlines this ongoing challenge and notes how, “Persistent security skills shortages have forced security leaders to explore new ways of obtaining and managing security capabilities.”

Gartner points out that hiring may not be the only option for filling the gap, cautioning that, “Few, if any, enterprises can afford to perform all security functions in-house. Consider selective outsourcing of functions, especially those that are operationalized or ad hoc.”

Farid Mheir's insight:

WHY IT MATTERS: security, especially digital security and privacy, have become a central theme of digital transformation plans. Here Gartner surveys 300+ organizations to show different organizational structures for large, medium and small businesses.

My conclusion: there are too many people in charge of security, the governance is too complex and it is not clear who is RESPONSIBLE when a breach occurs...

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October 16, 2019 7:25 AM
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Machine learning deployment has become the new tool to solve a whole set of problems that were unsolvable with traditional computing and this article explains why #AI is everywhere from @benedictev...

Machine learning deployment has become the new tool to solve a whole set of problems that were unsolvable with traditional computing and this article explains why #AI is everywhere from @benedictev... | WHY IT MATTERS: Digital Transformation | Scoop.it

In the last 5-6 years, machine learning has gone from ‘crazy idea from the 1980s’ to ‘software’. That has come with several waves of deployment and several waves of company creation, as we work out what do do with it. It’s the new SQL.

Farid Mheir's insight:

WHY IT MATTERS: everyone and everything is about AI it seems these days. Not wrong, AI (actually ML) will impact every industry and every application. Like SQL did in 1980s or HTTP didi in the 90s. Now it is machine learning and neural nets. This article presents the different "ways" companies internalize AI, and many ways use AI tools and techniques as building blocks to address problems that were insolvable a few years ago (because they required vision or audio processing, which for ML is actually the same things. So for my clients I say: do you have a problem you could not solve with traditional computing? Then maybe AI/ML can provide an answer.

Marcin Jakub Sołtysiak's curator insight, January 2, 2020 9:24 AM
Sztuczna inteligencja pomaga rozwiązywać jak dotąd nierozwiązywalne problemy
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September 4, 2019 7:25 AM
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Getting sharp on #omnichannel shoppers in apparel is essential because 33% of sales are omni - and growing via @McKinsey

Getting sharp on #omnichannel shoppers in apparel is essential because 33% of sales are omni - and growing via @McKinsey | WHY IT MATTERS: Digital Transformation | Scoop.it

Brands and retailers are moving quickly to provide more seamless omnichannel shopping experiences--but your customers are moving faster.

Farid Mheir's insight:

WHY IT MATTERS: omnichannel is essential as this article shows - 33% of sales are omnichannel and the number is growing. But don't get fooled, omnichannel is difficult to implement because it requires systems to talk to one another, something they weren't often designed to do!

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September 3, 2019 7:51 AM
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The Measurement Advantage highlights the importance of #omnichannel integration and provides a maturity assessment tool via Bain & Company

The Measurement Advantage highlights the importance of #omnichannel integration and provides a maturity assessment tool via Bain & Company | WHY IT MATTERS: Digital Transformation | Scoop.it

Leading CMOs make measurement the centerpiece of their growth strategy.

Farid Mheir's insight:

WHY IT MATTERS: omnichannel has been the buzzword for years and this report shows that organizations that embrace it see positive returns.

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August 25, 2019 7:42 AM
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Forrester Wave Report on Customer Journey Analytics Platforms

Forrester Wave Report on Customer Journey Analytics Platforms | WHY IT MATTERS: Digital Transformation | Scoop.it

Companies transforming to become customer-obsessed are using customer journey analytics to help them become customer-led, insights-driven, fast, and connected, and to ultimately be more effective in acquiring, serving and retaining customers.  

This report from leading global research and advisory firm, Forrester, identifies the 12 most significant customer journey analytics platform providers today, and reveals how each measures up based on 26 different evaluation criteria, to help you make the right choice for your organization. You'll get a complete overview of the current customer journey analytics market, including;

  • The two primary journey analytics provider categories, visioning and orchestration, and four core capabilities: (1) data fusion, (2) journey design & planning, (3) journey testing & optimization, and (4) journey automation & orchestration
  • The 2018 Forrester Wave Journey Visioning Platform rankings and scorecard
  • A breakdown of each journey analytics provider’s offering, strengths, specialties, and customer base
  • Key criteria that helps leaders stand out from the pack
Farid Mheir's insight:

WHY IT MATTERS: customer journeys often are nothing more than nice illustrations of customer touchpoints and interactions. While true, this report shows that tools emerge to help understand the journey beyond simple mapping to include elements required to orchestrate and consolidate the data that is generated as part of the journey in different systems.

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August 18, 2019 11:29 AM
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How to prepare for the end of jobs #weekendReads from @MIT

How to prepare for the end of jobs #weekendReads from @MIT | WHY IT MATTERS: Digital Transformation | Scoop.it

Robots are joining the workforce around the world. And their impact on jobs is inevitable.

The predictions can sound apocalyptic: millions and millions of jobs destroyed by automation, an entire working generation replaced at a stroke. But the actual number of jobs affected—while alarming—shouldn’t really be the entire focus of the conversation. The debate needs to shift. Yes, we know the robots are coming—so what are we going to do about it?

Farid Mheir's insight:

WHY IT MATTERS: a compilation of must read articles from MIT. Different topic every week. Part of my weekend routine... What is yours?

stellentdigitalplano@gmail.com's comment, August 20, 2019 2:21 AM
Nice and very informative post :) Take a dive into something more interesting like https://bit.ly/2z9ENvs
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July 26, 2019 7:45 AM
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The case for digital reinvention via @McKinsey

The case for digital reinvention via @McKinsey | WHY IT MATTERS: Digital Transformation | Scoop.it

In the quest for coherent responses to a digitizing world, companies must assess how far digitization has progressed along multiple dimensions in their industries and the impact that this evolution is having—and will have—on economic performance. And they must act on each of these dimensions with bold, tightly integrated strategies. Only then will their investments match the context in which they compete.

Farid Mheir's insight:

WHY IT MATTERS: dating back to 2017, 2 years ago, this study would benefit from an update of the penetration numbers. However, some of the conclusions remain valid. Specifically, not all investments in digital are beneficial and it is essential to measure returns and invest across the whole process map as per this quote from the article:

"As executives assess the scope of their investments, they should ask themselves if they have taken only a few steps forward in a given dimension—by digitizing their existing customer touchpoints, say. Others might find that they have acted more significantly by digitizing nearly all of their business processes and introducing new ones, where needed, to connect suppliers and users."

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July 22, 2019 10:06 AM
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17 examples of #personalBranding done right can serve as a guide for all of us that have made the decision to go from #Employee to #Consultant via @Webflow HT @JCardello

17 examples of #personalBranding done right can serve as a guide for all of us that have made the decision to go from #Employee to #Consultant via @Webflow HT @JCardello | WHY IT MATTERS: Digital Transformation | Scoop.it

Learn how people like Bill Nye, Shaun White, and Charli Marie have built memorable, effective personal brands.

Farid Mheir's insight:

WHY IT MATTERS: digital transformation enables individuals to behave like organizations. Personal branding thus has become essential for consultants and subject matter experts. 

I also recommend the very good book "Visual Expert" in your quest to personal branding.

https://www.amazon.ca/gp/product/0990445909

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July 16, 2019 11:22 AM
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The 15 Best Retail Blogs to Add to Your Reading List via @LightSpeed

The 15 Best Retail Blogs to Add to Your Reading List via @LightSpeed | WHY IT MATTERS: Digital Transformation | Scoop.it

As the retail industry continues to be disrupted by emerging technologies and shifting consumer behavior, how do you keep up? One of the first steps is to keep up to date with the latest innovations and trends that will transform how you start, market, manage, and grow your business in 2019 and beyond.

We’ve put together a list of our favorite retail blogs on the internet and outlined the subjects each of them covers. We’ve selected blogs based on their industry expertise, the volume of content they publish, and how actionable their content is.

The 15 best retail blogs that every retailer needs to add to their reading list. Convince and convert. Retail Dive. Insider Trends. Retail Wire. Harvard Business Review. TechCrunch. Lightspeed Blog. The Retail Doctor. The National Retail Federation. Medallion Retail. Forrester Retail. Hubspot Blog. Retail Design Blog. Neil Patel Blog.

Farid Mheir's insight:

WHY IT MATTERS: this is a great reference to make part of your weekly reading list.

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July 5, 2019 7:29 AM
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Retail 2030 from @CBRE suggests 42 trends that may shape the #futureOfRetail- as expected #AI #technology #robots play a big part but so do changes in consumer habits and environment conciousness H...

Retail 2030 from @CBRE suggests 42 trends that may shape the #futureOfRetail- as expected #AI #technology #robots play a big part but so do changes in consumer habits and environment conciousness H... | WHY IT MATTERS: Digital Transformation | Scoop.it

The retail industry is rewriting the laws of physics. Change is coming at an ever faster rate each year and 2030 will be upon us before we know it. Explore the world in 2030 and the future of retail 2030.  

Farid Mheir's insight:

WHY IT MATTERS: the report is not available for free but the 42 slide summary is a great overview of key trends that are presented with observations and outcome.

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June 28, 2019 9:13 AM
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Hundreds of profiles by industry and geographic regions are available in the 167 page future of jobs report by World Economic Forum @WEF

Hundreds of profiles by industry and geographic regions are available in the 167 page future of jobs report by World Economic Forum @WEF | WHY IT MATTERS: Digital Transformation | Scoop.it

The Fourth Industrial Revolution is interacting with other socio-economic and demographic factors to create a perfect storm of business model change in all industries, resulting in major disruptions to labour markets. New categories of jobs will emerge, partly or wholly displacing others.

Farid Mheir's insight:

WHY IT MATTERS: this report provides hundreds of profiles by industry and regions to analyze the impact pf digital technologies on different areas. Great reference. Must read.

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June 27, 2019 7:44 AM
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New core work-related skills of the future will rely heavily on social + technical skills: if you are studying, consider a double certificate via @WEF World Economic Forum report on future of jobs

New core work-related skills of the future will rely heavily on social + technical skills: if you are studying, consider a double certificate via @WEF World Economic Forum report on future of jobs | WHY IT MATTERS: Digital Transformation | Scoop.it

The Fourth Industrial Revolution is interacting with other socio-economic and demographic factors to create a perfect storm of business model change in all industries, resulting in major disruptions to labour markets. New categories of jobs will emerge, partly or wholly displacing others.

Farid Mheir's insight:

WHY IT MATTERS: future of work will see many existing jobs disappear and new jobs appear. Workers will require resilience and capability to adapt and embrace the new roles, which will require social and technical skills. Get ready!

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June 26, 2019 7:39 AM
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167 page report on the future of jobs by World Economic Forum @WEF brings insights into what work will look like, who will be impacted

167 page report on the future of jobs by World Economic Forum @WEF brings insights into what work will look like, who will be impacted | WHY IT MATTERS: Digital Transformation | Scoop.it

The Fourth Industrial Revolution is interacting with other socio-economic and demographic factors to create a perfect storm of business model change in all industries, resulting in major disruptions to labour markets. New categories of jobs will emerge, partly or wholly displacing others.

Farid Mheir's insight:

WHY IT MATTERS: this in depth report provides detailed analysis of the potential impact of digital technologies, including AI, on the job market. In a nutshell, pretty much everybody will be impacted and the best way to stay relevant is to combine technology with human social skills.

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June 13, 2019 7:13 AM
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State of Internet 2019 - Mary Meeker’s most important #trends on the #Internet via @Recode

State of Internet 2019 - Mary Meeker’s most important #trends on the #Internet via @Recode | WHY IT MATTERS: Digital Transformation | Scoop.it

Here are all the slides, plus analysis from Recode.

Fortune summary: tech firms are focusing on privacy; more people are using images to communicate; Twitter and Amazon are making small in-roads into the Facebook-Google ad duopoly; 51% of the world's population is now online.

Farid Mheir's insight:

WHY IT MATTERS: it is the annual reference for us digital geeks. 330 pages full of data and trends about everything Internet - and digital - related!

Curated by Farid Mheir
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