WHY IT MATTERS: Digital Transformation
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WHY IT MATTERS: Digital Transformation
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Curated by Farid Mheir
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| The Enterprisers Project

| The Enterprisers Project | WHY IT MATTERS: Digital Transformation | Scoop.it
A CIO community powered resource about how to drive innovation in the enterprise | The Enterprisers Project
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Stop Wasting Valuable Time via @hbr

Stop Wasting Valuable Time via @hbr | WHY IT MATTERS: Digital Transformation | Scoop.it
Business management magazine, blogs, case studies, articles, books, and webinars from Harvard Business Review, addressing today's topics and challenges in business management.


Seven techniques can help you get control of your top management agenda and make sure meeting time is spent building value.

1. Deal with operations separately from strategy.

2. Focus on decisions, not on discussions.

3. Measure the real value of every item on the agenda.

4. Get issues off the agenda as quickly as possible.

5. Put real choices on the table.

6. Adopt common decision-making processes and standards.

7. Make decisions stick.

Farid Mheir's insight:

These rules also apply to IT management and related projects. We often get bogged down into details and short term bugs and production issues with little time to think and really define and control strategic decisions. I find these techniques apply very well during digital transformations.

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Google Glass is Getting a Second Look from Businesses via @mashable

Google Glass is Getting a Second Look from Businesses via @mashable | WHY IT MATTERS: Digital Transformation | Scoop.it
Google Glass is gaining attention for its potential business uses, but that's not the kind of success Google was hoping for at first.
Farid Mheir's insight:

Jump to the end to see a very convincing 3min video on use of Glass in the pipeline industry. I've been saying this for a while: can Google glass actually bring more value in a business setting? I think so and so does a growing number of people and corporations. 


Also read:

- Google Glass will be more successful among enterprise customers in the short term via @forrester @jp_gownder http://sco.lt/7YYLQ1

- Marc Andreessen Describes How Google Glass Will Revolutionize Health Care via @bloomberg http://sco.lt/5vFe6b

- Glass Collective provide VC funding innovation to find the Google Glass "killer app"? http://sco.lt/7YPDrl

- and more 

http://www.scoop.it/t/digital-transformation-of-businesses?q=google+glass


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Six key IT Trends for 2014 via @Accenture @jeanfdeschenes

Six key IT Trends for 2014 via @Accenture @jeanfdeschenes | WHY IT MATTERS: Digital Transformation | Scoop.it
Read about the six key IT trends that will shape technology business in 2014 according to Accenture’s Technology Vision
Farid Mheir's insight:

6 key technology trends, explained to business managers by accenture.

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Content Marketing Team Matrix identifies skills and roles for an org chart via @Econsultancy

Content Marketing Team Matrix identifies skills and roles for an org chart via @Econsultancy | WHY IT MATTERS: Digital Transformation | Scoop.it

Via VoxTrack.ai
Farid Mheir's insight:

Useful reference when creating marketing organization charts. Helps identify roles, responsibilities and titles.

VoxTrack.ai's curator insight, August 27, 2014 7:56 PM

Outstanding assessment of an "A Team" for Content Marketing, if you have the budget. If not, it's a great approach on how to consolidate your team's responsibilities.

Cannon Technology's curator insight, August 28, 2014 11:19 AM

What a great chart to see how the marketing departments of some of  the larger corporate entity''s are using as a reference for evolved positions to adapt to todays trends.

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PSFK Future Of Retail 2014 Report

In this year’s Future of Retail Report, PSFK Labs’ fourth annual production of the report, we’ve brought together two interconnected themes that provide a foun…
Farid Mheir's insight:

Very strong overview of digital retail innovations. The presentation is peppered with youTube videos of presentations that are, for the most part, informative and easy to listen to.

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Nicholas Felton Had 95,000 Conversations Last Year And Mapped Each One

Nicholas Felton Had 95,000 Conversations Last Year And Mapped Each One | WHY IT MATTERS: Digital Transformation | Scoop.it
Life quantification pioneer Nicholas Felton's latest annual report is his most ambitious to date.

For the last nine years, Nicholas Felton--who you may know best for inspiring the Facebook timeline or creating the life-logging app Reporter--has been recording some aspect of almost every moment of his life. And each year, he turns this data into a elegant, printed book that visualizes the year called The Feltron Report...


Via Lauren Moss
Farid Mheir's insight:

The Felton report is a beautiful peeping hole into someone's life when they start to quantify themselves. Focussed on fairly benign problem space - conversations during the year - it shows what possibilities, both good and bad, lie within the quantified-self movement which is bound to explode with the availability of Apple watch and others alike.


Of course it brings tremendous opportunities for monitoring someone's life in order to improve it. Whether it is by measuring exercice (as we do today with step trackers) or heart rate or glucose levels in order to improve health or medical diagnosis. In the context of business, organizations can monitor employees in order to minimize injuries or prevent illness and time loss due to sickness.


There is of course the dark side, where all this data, when made available without our consent or knowledge, can be used to track us and restrict our privacy or our rights. This is already happening in the contexte of government surveillance (ie. Edward Snowden http://sco.lt/5k4B29) or internet browsing tracking (ie. data brokers http://sco.lt/79yNZh)

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robots are now writing associated press quarterly earnings stories via @ap @lapresse @AInsights

robots are now writing associated press quarterly earnings stories via @ap @lapresse @AInsights | WHY IT MATTERS: Digital Transformation | Scoop.it
The Associated Press announced in an advisory to customers today that the majority of U.S. corporate earnings stories for our business news report will eventually be produced using automation techn...
Farid Mheir's insight:

I learned today in LaPresse+ that Associated Press now relies on software from Automated Insight to write its financial stories on corporate earnings. Stories are, for now, human verified before release but this soon will disappear.

Also of interest is that AI provides solutions to automate redaction of texts in multiple domains, from sports to website analytics (my picture above). I initially assumed this is along the same lines as the automated writing that the weather service has been using for years. But in fact it is not, as it appears to spit out text that appears to be written by a human, not by a machine. It draws from Big Data analysis to extract meaningful information that it then writes about. The AI website provides few examples that appear very "professional".


AI now advertises a "marketing" tool that specializes in the creation of marketing material. I assume this will mean more personalized "emails" in my inbox that will go beyond greeting me by name and also merge data that is global (the lettuce is on special this week) to the very personal (you should consider buying more fruits and vegetables and to encourage you we extend a 25% discount for the next 30 days on all our fresh produce section).


Whether this is good news or bad, I'll let you decide...

oneworldmobile's curator insight, July 24, 2014 4:12 PM

Operational efficiencies are eliminating human jobs. Where does that leave the employed of us?

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What are the implications of near zero marginal energy costs to my business or Industry? via @franckDiana

What are the implications of near zero marginal energy costs to my business or Industry? via @franckDiana | WHY IT MATTERS: Digital Transformation | Scoop.it

The focus on disruptive scenarios continues in the next several posts with a look at the work of Jeremy Rifkin and his recent book titled The Zero Marginal Cost Society. In his book, he describes t...

Farid Mheir's insight:

Great overview of the book title The Zero Marginal Cost Society, which will most likely find its way into my vacation reading list...

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Amazon's Kindle Unlimited all-you-can-read for $10/mth: how many subscriptions will I need?

Amazon's Kindle Unlimited all-you-can-read for $10/mth: how many subscriptions will I need? | WHY IT MATTERS: Digital Transformation | Scoop.it
After teasing us with a possible launch, Amazon has confirmed Kindle Unlimited, its all-you-can-read e-book subscription service. For $9.99 per month,
Farid Mheir's insight:

10$/month for 600k books, sounds like a good deal to me, a way to bypass and even maybe make the local library useless. But wait, I already have a netflix subscription for videos, google drive for files and documents, videotron for cable tv. And many more to come in the future. When will this end?


Surely I won't be able to subscribe to all these different subscriptions! What will I do? Or more precisely, what offer would make sense? Will there be a "generic" content subscription that will allow me, say for 20$ or 40$ per month to have access to multiple sources of content, from movies to books to documents to tv programme. A global content aggregator - not Apple nor Amazon nor Yahoo as I assume these guys will certainly offer it at a discount - that will provide content. Just digital content, aggregated across all the many providers. Kind of like a telecom provider that will manage my "content roaming", allowing me to pay "content roaming charges" when access content that is not part of their library.

Mike Lewis's curator insight, July 19, 2014 9:36 AM

Will this strategy disrupt book sellers even more?

Rick Garza's curator insight, July 19, 2014 9:39 AM

For those who plunk $20 to $40 per month on buying ebooks, this may be something to consider.

Readers are leaders.

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The Nine Elements of Digital Transformation via @mit @capgemini MIT Sloan Management Review

The Nine Elements of Digital Transformation via @mit @capgemini  MIT Sloan Management Review | WHY IT MATTERS: Digital Transformation | Scoop.it
Digital advances create opportunities for companies to redefine nine key areas of their operations.
Farid Mheir's insight:

This is an amazing guide to help determine where to perform digital transformation in an organization. Extracted from a larger report by Capgemini-MIT, this model helps frame the discussion to determine where in an organization the digital transformation will have the biggest impact.


Also read:

- References for Digital Transformation http://sco.lt/5XWcqn

- Companies that embrace "digital" are 26% more profitable, and +12% market valuation via @capgemini http://sco.lt/4wa7ZB

CEOs need a digital vision & 100% digital value chain from sourcing to sales support via @Accenture http://sco.lt/9I4XU9

- Digital tools can help manufacturing companies cut costs by 30% and bring additional benefits via @capgemini http://sco.lt/8hjspt

- Digitizing Banking Back Office = 30% cost savings but requires people-process-tech-business combo via @capgemini http://sco.lt/8hqTs9

- Consulting Digital Transformation Review No. 5- UPS, ABB and others via @Capgemini http://sco.lt/6L8Rn7

- Digital Transformation: A Road-Map for Billion-Dollar Organizations via @capgemini @mit http://sco.lt/8WQYnR
- Accelerating Digital Transformation: Understanding and Setting Up a Digital Services Unit via @AlanOnFS http://sco.lt/5x0e8H


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Google Strikes Smart Contact Lens deal to track Diabetes and Cure Farsightedness

Google Strikes Smart Contact Lens deal to track Diabetes and Cure Farsightedness | WHY IT MATTERS: Digital Transformation | Scoop.it
With Glass and Android Wear, Google has already invested a lot of time and resources into developing the next-generation of wearables, but it's another of its eye-focused projects that has today received its first major boost.

Via TechinBiz
Farid Mheir's insight:

Strangely I never wrote about this but it certainly is worth a mention because Google has now made very strong moves towards "atoms and not bits" as Sergei Brin put it a few days ago, stating that Google has invested in search (bits) for a long time and is now complementing its focus to physical devices (atoms) such as the self driving car or here the contact lens.


This story is of particular importance as it shows that Google is not in the business of making contact lenses (or cars) but providing the R&D to disrupt industries that are not making the radical shifts they can by using digital technology.


Also consider:.

[INFOGRAPHIC] The Existing Wearable Technology Landscape via @WearableWorld http://sco.lt/7pTHPN

Vanessa Santé Enjeux Seniors's curator insight, July 16, 2014 4:03 AM

Une belle innovation qui pourrait sauver des vies, notamment celles des personnes âgées! Des lentilles de contact qui non seulement améliore la vue, mais permettent de détecter plusieurs maladie, dont le diabète, à suivre de près! 

 

Pier Bécotte's curator insight, July 16, 2014 9:31 AM

Google frappe intelligente lentilles de contact accord pour suivre le diabète et fixer l'hypermétropie

IV Technology's curator insight, July 18, 2014 11:18 AM

siguiente paso es hacer diagnosticos con scaner y que se prenda una luz roja para que vayamos al servicio.... Hospital

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The key to growth? Race with the machines via @ted

The key to growth? Race with the machines via @ted | WHY IT MATTERS: Digital Transformation | Scoop.it
As machines take on more jobs, many find themselves out of work or with raises indefinitely postponed. Is this the end of growth? No, says Erik Brynjolfsson -- it’s simply the growing pains of a radically reorganized economy. A riveting case for why big innovations are ahead of us … if we think of computers as our teammates. Be sure to watch the opposing viewpoint from Robert Gordon.
Farid Mheir's insight:

An amazing 10 minute video that highlights all the key elements to demonstrate that we are at the beginning of a major digital transformation. With parallels from the electricity revolution in the 1900s, where it took 30 years for productivity to improve, Erik shows why we are facing a similar path with computers.


It fails, unfortunately, to show what the future may look like or offer suggestions that highlight what may come next. A great talk nevertheless.

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50 charts on marketing technology via @percolate

50ChartsontheFutureof MarketingandTechnology What is the future of marketing? Marketing is in transition. Technology has transformed the way we communicate, st…
Farid Mheir's insight:

Similar and with some overlap with 

150 slides in 25 min #mustwatch video of @kpcb's Mary Meeker performing her Internet trends talk live at #codecon http://sco.lt/6OE7UX

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A review of same-day delivery by Google, Amazon, Instacart fails to show how it makes money via @delray

A review of same-day delivery by Google, Amazon, Instacart fails to show how it makes money via @delray | WHY IT MATTERS: Digital Transformation | Scoop.it

An attempt to steal back product searches from the country's largest online retailer.

Farid Mheir's insight:

This review of same-day delivery shopping solutions from Google and Amazon sheds light into the rationale for Google to enter this new market offering.


However, it fails to answer a fundamental business model question: how can you make money selling products from  store shelves, especially when competing with those from Amazon's warehouses? 

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86x more reach if your Facebook content generates 5K+ interactions - but only if you pay via@statista

86x more reach if your Facebook content generates 5K+ interactions - but only if you pay via@statista | WHY IT MATTERS: Digital Transformation | Scoop.it
This chart illustrates how interactions with branded content on Facebook correlate with reach.
Farid Mheir's insight:

This chart demonstrates that you have 86x more reach if you pay Facebook to promote your content, but only if that content generates interactions - likes, comments, shares, etc.

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#eCommerce in France is 8% of total sales at 51B€ growing +13.5%

#eCommerce in France is 8% of total sales at 51B€ growing +13.5% | WHY IT MATTERS: Digital Transformation | Scoop.it
Hausse du volume d’affaires. Baisse du panier moyen. Elargissement de l’offre et de la demande. Les points clés sont nombreux pour bien comprendre comment s’est comporté l’e-commerce en 2013. La Fevad publie son bilan, en voici les principaux chiffres à retenir.
Farid Mheir's insight:

For detailed infographics containing key numbers see the online PDF from FEVAD (in french). It basically confirms what we know already: eCommerce is growing and it affects all products and services. 

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Harvard Business Review publishes The Rise of the Chief Marketing Technologist via @chiefmartec

Harvard Business Review publishes The Rise of the Chief Marketing Technologist via @chiefmartec | WHY IT MATTERS: Digital Transformation | Scoop.it
When I first started writing about the role of a chief marketing technologist in 2008, it was, at best, a niche subject. A hybrid marketing and technology executive? What kind of crazy, chimerical beast was that? But six years later, with marketing increasingly viewed as a technology-powered discipline, hybrid marketing technologist roles are growing rapidly. …
Farid Mheir's insight:

A good article that features 5 marketing technologists in different organizations. It helps understand why and what a chief mar tech does but may not answer all the questions one can raise about why we need one in marketing only and why the CIO does not fill the gap. Good read nevertheless.

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Chief Marketing Technologists earn $140K - $241K via @chiefmartec

Chief Marketing Technologists earn $140K - $241K via @chiefmartec | WHY IT MATTERS: Digital Transformation | Scoop.it
How much does a chief marketing technologist earn? It depends on the size of the company, the industry, and the region, but according to the Mondo Resourcing & Staffing Agency the range is $140,000 to $241,000. The only digital marketing executive position paid more, on average, were Chief Digital Officers, earning between $148,000 to $280,000. …
Farid Mheir's insight:

Not sure if these numbers track here in Canada or in Montreal but the fact the role has become a line item  says much about the role and the opportunity within organization to better structure technology within the marketing department.


But it also raises questions: why not a chief HR technologist, chief Sales technologist, etc.? Does every dept merit its own chief technologist? Why does marketing need one and the others don't? If there is already a chief digital officer, do you need a CMT as well? When you name a CMT, does this mean the CIO is not doing his job?

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updated: References for Digital Transformation

updated: References for Digital Transformation | WHY IT MATTERS: Digital Transformation | Scoop.it
Below are my top references for digital transformation, in rough order of value to me. But first, here is a chart to prove how much interest the digital transformation has created.
• Capgemini Digital...
Farid Mheir's insight:

I've updated my reference list to include McKinsey Digital Edge. The fact that McKinsey now dedicates a micro-site to the digital transformation is testimony to the great impact that digital has on the corporation management team. And often their inability to know what to do about it.

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Robots can now officially imitate humans and how police uses facial recognition to catch criminals via @qz

Robots can now officially imitate humans and how police uses facial recognition to catch criminals via @qz | WHY IT MATTERS: Digital Transformation | Scoop.it
A computer that has convinced humans it is a 13-year-old Ukrainian boy has potentially passed a benchmark for artificial intelligence for the first time. The programme, named "Eugene Goostman" and created by Russian developers, managed to convince 33% of the judges that it was human at an event at the Royal Society in London, The Independent reported. The so-called...
Farid Mheir's insight:

I am wondering this has not been a bigger news event. When I was studying programming in the 80s - about the same time when Blade Runner movie referenced here came  out - beating the Turing test was a big deal and the holy grail of computer science. Now that it has been beating I would have expected it to be big news.


Implications for digital transformation are potentially huge but I guess 2 technologies make the result less newsworthy:

1- we have seen IBM Watson computer win Jeopardy contest a few years ago, proving that human-like behaviour is possible and successful;

2- Google voice recognition and to a smaller extent Apple siri have made voice recognition and text understanding available to the masses - although with varying levels of success


This does not however and reduce the potential impact that passing theTuring test will have over business digital projects.One should plan to include systems that interact with users - at least in very controlled environment - a key component for solutions such as diagnostics reporting, information querying and guidance systems.

Rick Dempsey's curator insight, June 9, 2014 4:07 AM

Interesting news but the editor seems to have missed the point in pairing it with a Terminator pic and not one of the Blade Runner VK test...

 

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150 slides in 25 min #mustwatch video of @kpcb's Mary Meeker performing her Internet trends talk live at #codecon

150 slides in 25 min #mustwatch video of @kpcb's Mary Meeker performing her Internet trends talk live at #codecon | WHY IT MATTERS: Digital Transformation | Scoop.it
Mary Meeker can synthesize trends, pinpoint interesting numbers and research, and deliver hundreds of slides like nobody's business.
Farid Mheir's insight:

As Mary Meeker says in her intro, this presentation probably violates all rules that communication experts drill into our heads, yet it is very effective because

1- the slides are made available for us to review after

2- we can pause and rewind

3- she stresses what's important: the rest we get by looking at the slides


Love it.

Hamza Ali's curator insight, June 6, 2014 11:03 AM

are you looking for new mobiles ???? then visit http://hintamobile.com/ you can compare your favorite mobiles

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Experiment in #openness: Buffer's #Equity Formula And Full Individual Breakdown

Experiment in #openness: Buffer's #Equity Formula And Full Individual Breakdown | WHY IT MATTERS: Digital Transformation | Scoop.it
Here is the formula Buffer uses to calculate equity and the percentage of the company each team member has the option to buy.
Farid Mheir's insight:

I find this story - along with the others on salaries and revenues - an amazing insight into openness and a great yard stick to evaluate opportunities I have or the consulting work that I do. Must read IMHO.

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skype tanslator enables Cross-Lingual Conversations in Real Time @MicrosoftResearch

skype tanslator enables Cross-Lingual Conversations in Real Time @MicrosoftResearch | WHY IT MATTERS: Digital Transformation | Scoop.it
Machine-translation efforts at Microsoft are contributing an app for Skype that enables real-time conversations that break down language barriers.
Farid Mheir's insight:

Detailed story behind the skype translator solution that Microsoft just demoed. Full of insights it is not a technical paper however. Nor does it bring insight on how this technology can be used but in business settings, this will be a revolution. In canada and Quebec in particular, many meetings are held in english because a single person does not speak french. This tech would remove this common denominator requirement.


As with anything, this may be more appropriate initially for informal conversation than detailed, highly technical and specialized topics, which is the case in most business settings. So I assume this to be a nice ice breaker but not a real solution in business in the near term.


Nevertheless, any strategic plan that looks beyond the 3-5 year horizon should definitely assume this will become viable, whether it is from Microsoft, Google or others.

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Google produces 200 units of #self-driving cars: no steering wheel, no gas pedal, no brakes See the video.

Google produces 200 units of #self-driving cars: no steering wheel, no gas pedal, no brakes See the video. | WHY IT MATTERS: Digital Transformation | Scoop.it

We’re now exploring what fully self-driving vehicles would look like by building some prototypes; they’ll be designed to operate safely and autonomously without requiring human intervention. They won’t have a steering wheel, accelerator pedal, or brake pedal… because they don’t need them. Our software and sensors do all the work. The vehicles will be very basic—we want to learn from them and adapt them as quickly as possible—but they will take you where you want to go at the push of a button. And that's an important step toward improving road safety and transforming mobility for millions of people. 

Farid Mheir's insight:

Google has done it: a true self-driving car. Not a production car that they retrofitted with technology but one designed and built from scratch. Wow. See the video, impressive - even though the design is questionable the technology is overwhelming.


This really make a huge leap to demonstrate what future transportation systems may be like. Think of a mini office or entertainment on wheels. Kind of like a train or a plane, you become a passenger.


Businesses should look at this carefully as it paves the way for revolution in the supply chain - non wonder this comes out of military projects looking to make the supply of armies more efficient and less costly. When will we see a retailer - a grocer for example - embrace this technology to deliver groceries at your door? Amazon?

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Curated by Farid Mheir
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