WHY IT MATTERS: Digital Transformation
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The Rise of the Empowered Customer highlights a key element of #digitalTransformation: one size fits all does not work so start with these 5 segments to craft your product features or marketing pla...

The Rise of the Empowered Customer highlights a key element of #digitalTransformation: one size fits all does not work so start with these 5 segments to craft your product features or marketing pla... | WHY IT MATTERS: Digital Transformation | Scoop.it

Business leaders who measure how their consumers map to Forrester’s Empowered Customer Segmentation and evolve along these critical dimensions will understand and anticipate customer demands for new services and experiences. Armed with that information, business leaders can prioritize their investments in digital innovation, pinpoint the customers most likely to reward innovation with new revenue, and identify which consumers threaten to churn.

Farid Mheir's insight:

WHY IT MATTERS: EMPOWERED is a book from Forrester which build on the idea that customer segments are important to design and operate a successful digital transformation.

hallisog's curator insight, July 19, 2020 10:09 AM
hallisog's curator insight, July 19, 2020 10:09 AM
hallisog's curator insight, July 19, 2020 10:09 AM
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The state of ecommerce 2021 - how time flies, are we already in 2021??? #marketingDisruptionField via @kantar

The state of ecommerce 2021 - how time flies, are we already in 2021??? #marketingDisruptionField via @kantar | WHY IT MATTERS: Digital Transformation | Scoop.it

A landmark study identifying key shopper, brand, and retailer trends to provide a holistic view of the rapidly evolving ecommerce and retail media landscape.

Farid Mheir's insight:

WHY IT MATTERS: you need to get over the misleading title to enjoy this report which highlights certain key elements that show eCommerce is evolving to stand on its own, just just in support of physical retail (covid-19 effect I guess).

hallisog's curator insight, July 19, 2020 10:11 AM
hallisog's curator insight, July 19, 2020 10:12 AM
hallisog's curator insight, July 19, 2020 10:12 AM
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Introducing a pop-up toolkit from @wallplay that may help spark retail recovery but will have profound impact on retailTECH stack via @Sidewalk

Introducing a pop-up toolkit from @wallplay that may help spark retail recovery but will have profound impact on retailTECH stack via @Sidewalk | WHY IT MATTERS: Digital Transformation | Scoop.it

Pop-ups may seem minor, but they offer a solution to some of the pressing challenges facing landlords, tenants, and the ground-floor spaces of cities — particularly amid Covid-19. 

Farid Mheir's insight:

WHY IT MATTERS: I wrote about popup stores from IKEA and Amazon in the past as well as the technologies that are required to make it happen. If this report from sidewalk proves true and popup stores become the norm to fill empty stores on main street and malls, then retailers must be ready to transform their retailTECH stack.

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Economic & business recovery from the Coronavirus pandemic will take many years - @McKinsey provides scenarios for different industries via @Emergent007 Claude Malaison

Economic & business recovery from the Coronavirus pandemic will take many years - @McKinsey provides scenarios for different industries via @Emergent007 Claude Malaison | WHY IT MATTERS: Digital Transformation | Scoop.it

Our latest perspectives on the coronavirus outbreak, the twin threats to lives and livelihoods, and how organizations can prepare for the next normal.

Farid Mheir's insight:

WHY IT MATTERS: McKinsey provides and ongoing series of articles on the impact of covid-19 and this post presents a number of scenarios for the recovery of businesses across multiple industries. No surprise: healthcare rebounds fast while entertainment will take years. But read to find the analysis on why some industries may rebound fast or slow (ie. manufacturing) depending on whether or not the virus is contained quickly.

Frandshare Rouicheq's curator insight, July 14, 2020 5:51 AM

WHY IT MATTERS: McKinsey provides and ongoing series of articles on the impact of covid-19 and this post presents a number of scenarios for the recovery of businesses across multiple industries. No surprise: healthcare rebounds fast while entertainment will take years. But read to find the analysis on why some industries may rebound fast or slow (ie. manufacturing) depending on whether or not the virus is contained quickly.

Impact Digitizing's comment, July 17, 2020 2:57 AM
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salvadorelopezzzz's curator insight, July 18, 2020 10:14 AM
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Innovation in a crisis: Why it is more critical than ever via @McKinsey

Innovation in a crisis: Why it is more critical than ever via @McKinsey | WHY IT MATTERS: Digital Transformation | Scoop.it

Prioritizing innovation today is the key to unlocking postcrisis growth.

Farid Mheir's insight:

WHY IT MATTERS: great reference for getting out out the pandemic crisis... but not only that. Useful tools for any innovation scenarios.

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The telltale signs of successful Digital M&A often relies on #technology due diligence according to @McKinsey - I agree and that's one of my raison d'être...

The telltale signs of successful Digital M&A often relies on #technology due diligence according to @McKinsey - I agree and that's one of my raison d'être... | WHY IT MATTERS: Digital Transformation | Scoop.it

In our experience, technical due diligence is the single biggest differentiator of deals done well—or poorly. What’s more, technical due-diligence failures can usually be avoided. Almost always, the disappointed acquirer insufficiently vets the technology and discovers too late that it fails to work as advertised. Or the technology does work, but only in constrained environments, and won’t scale. In other cases, crucial parts of the IP turn out not to be owned by the seller.

Farid Mheir's insight:

WHY IT MATTERS: organizations spend considerable time and effort for financial due diligence but relatively little on technology due diligence. Often this is due to lack of knowledge at the executive or even at the CIO level - especially when acquiring a new tech or in a new field. In the past, I've come to develop an approach where I perform a 360 degree technology audit that not only dives into the capabilities of the solution (the software code) but also on other essential elements of success (software engineering best practice and processes, design and requirements, etc.).

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Walmart’s New Shopify Partnership: is it a Stroke Of #Omnichannel Genius as @Forbes claims or a sign of the complexity of years to come for #retailers as #marketplace fragmentation means a technolo...

Walmart’s New Shopify Partnership: is it a Stroke Of #Omnichannel Genius as @Forbes claims or a sign of the complexity of years to come for #retailers as #marketplace fragmentation means a technolo... | WHY IT MATTERS: Digital Transformation | Scoop.it

In a move its competitors will soon regret, Walmart locks down a deal with Shopify that could set Walmart apart for years to come.

Farid Mheir's insight:

WHY IT MATTERS: super proud to see Shopify taking this strong position to facilitate the job of retailers to sell on walmart marketplace. Great of Walmart to make it easier for small shop owners to reach Walmart consumers.

But at the same time, as you see in the screengrab, retailers have many marketplaces where they can (should?) sell their products - walmart, amazon, google, bestBuy, wayfair, etc. etc.. And this fragmentation means a technology and logistical nightmare as every marketplace has its own set of rules, regulations, technologies, and idiosyncrasies. The future is NOT simple when marketplaces are concerned.

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This 140 page document is the best reference to understand the anatomy of a #SaaS & subscription pricing strategy

This 140 page document is the best reference to understand the anatomy of a #SaaS & subscription pricing strategy | WHY IT MATTERS: Digital Transformation | Scoop.it

An in-depth guide to understanding and optimizing your recurring revenue pricing strategy.

Farid Mheir's insight:

WHY IT MATTERS: this report is by far the best reference I found to understand the pricing strategy of software as a service and subscription services. Should be mandatory reading to anyone selling online today.

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Sciencekeys's comment, July 28, 2020 10:18 AM
https://sciencekeys.com/joints-of-hand-sciencekeys/
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IT'S TIME TO BUILD: a plea to start building things again locally instead of outsourcing everything - this is an engineers dream and what the next 20 years are all about! via @a16z

IT'S TIME TO BUILD: a plea to start building things again locally instead of outsourcing everything - this is an engineers dream and what the next 20 years are all about! via @a16z | WHY IT MATTERS: Digital Transformation | Scoop.it

Every Western institution was unprepared for the coronavirus pandemic, despite many prior warnings. This monumental failure of institutional effectiveness will reverberate for the rest of the decade, but it's not too early to ask why, and what we need to do about it... Our nation and our civilization were built on production, on building. We built roads and trains, farms and factories, then the computer, the microchip, the smartphone, and uncounted thousands of other things that we now take for granted, that are all around us, that define our lives and provide for our well-being. There is only one way to create the future we want for our own children and grandchildren, and that's to build.

Farid Mheir's insight:

WHY IT MATTERS: I spent the better part of my life moving physical processes in the digital world. Now the pendulum shifts and we must pour our engineering energy into building things locally - using digital processes, techniques, technologies, from 3D printing to robots to IOT. This is the next 20 years.

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2020 @Seraphim #SpaceTech sector map representing the most promising start-ups in the domain is not about #digitalTransformation ... or is it?

2020 @Seraphim #SpaceTech sector map representing the most promising start-ups in the domain is not about #digitalTransformation ... or is it? | WHY IT MATTERS: Digital Transformation | Scoop.it

Space Tech map for 2020 represents the most promising venture backed startups in the space domain and they segment the Space Tech ecosystem into 7 categories.

Farid Mheir's insight:

WHY IT MATTERS: can we consider space exploration startups as part of corporate digital transformation? Probably not but:

1) it is great to see this happening and very "startrek" 

2) some space solutions are bound to have an impact on companies - think spaceX #starlink constellation of satellites that give low latency high bandwidth internet connection worldwide

So yeah, I think it is ;-)

TheReferralGuyUK's comment, June 14, 2020 11:15 AM
ok
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covid crisis is BEST time to innovate: A Look At 10 Successful #Startups Founded During A Recession- airbnb, whatsapp, mailchimp, and others were all started during difficult economic periods

covid crisis is BEST time to innovate: A Look At 10 Successful #Startups Founded During A Recession- airbnb, whatsapp, mailchimp, and others were all started during difficult economic periods | WHY IT MATTERS: Digital Transformation | Scoop.it

With recent uncertain times across the world, 2020 is shaping up to be both exciting and frightening. Many startups have experienced cutbacks, including many needing to initiate layoffs while others…

Farid Mheir's insight:

WHY IT MATTERS: it is a great time to be creating a startup. I posit it is because companies are in panic mode and ready to try anything, thus giving new players a chance...

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Future Today Institute : 2020 #Tech #Trends Report is 360 pages of trends and disruptions

Which technology trends are most likely to impact your business in the coming years? Trends are waypoints to help anticipate future states in a world where uncertainty looms. The Future Today Institute's annual Tech Trends Report asks you to examine your assumptions, cherished beliefs and expectations for the future using a bolder, more holistic perspective. In the 13th edition of our Tech Trends Report, we forecast the key technology trends that will redefine businesses in the coming years. More importantly, we offer strategic analysis and guidance on those trends and further explore them in future scenarios to help you understand their implications on your organization and industry.

Farid Mheir's insight:

WHY IT MATTERS: 360 pages of reference material for any strategic planning exercice.

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The Fourth Industrial Revolution by @WEFORUM provides strategic intelligence on technologies and other elements that fuel the #digitalTransformation

The Fourth Industrial Revolution by @WEFORUM provides strategic intelligence on technologies and other elements that fuel the #digitalTransformation | WHY IT MATTERS: Digital Transformation | Scoop.it

The Fourth Industrial Revolution represents a fundamental change in the way we live, work, and relate to one another. It is a new chapter in human development, enabled by technology advances that are commensurate with those of the first, second and third industrial revolutions, and which are merging the physical, digital, and biological worlds in ways that create both promise and peril. The speed, breadth, and depth of this revolution is forcing us to rethink how countries should develop, how organizations create value, and even what it means to be human. Now, as the world grapples with COVID-19, there is an opportunity to further harness the power of the revolution in ways that create a more inclusive, human-centred global economy.

Farid Mheir's insight:

WHY IT MATTERS: an interesting collection of articles on technologies that support the current evolution.

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Solving online events highlights all the reasons why online events should not be merely an "online conference" and stresses one important point: we don't know what the solution is to make online ev...

Solving online events highlights all the reasons why online events should not be merely an "online conference" and stresses one important point: we don't know what the solution is to make online ev... | WHY IT MATTERS: Digital Transformation | Scoop.it

Events are a bundle of content, networking and meetings, and aggregate people in one place at one time. When you try to take this online, half of it breaks and most of it makes no sense bundled together. We need new tools and new ways to think about networks, not ‘virtual conferences’.

Farid Mheir's insight:

WHY IT MATTERS: I used to attend CES, NRF, Shoptalk and many other events. I plan to do so in the future, but if there was a good way to deliver the same experience and value online, I would cut down on the number I attend. This article perfectly summarizes the issues with the solutions that are being proposed today and why "virtual events" are BAD. 

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covid has made 'early adopters' from all of us - why the new normal will not be 'Back To Normal' via @alistaircroll

covid has made 'early adopters' from all of us - why the new normal will not be 'Back To Normal' via @alistaircroll | WHY IT MATTERS: Digital Transformation | Scoop.it

Instead of wanting the past back, want the future sooner.

Farid Mheir's insight:

WHY IT MATTERS: so true, covid made early adopters for many enterprises. This means digital transformation projects that raised questions before covid - should we really go all-cloud and get rid of those in-house servers? - are now a fact of life as remote work and eCommerce will become the norm.

Frandshare Rouicheq's curator insight, July 14, 2020 5:52 AM
Cloud based telephony is more versatile, flexible and cost efficient than traditional PBX systems. So why not make the switch? Check available offers at www.nativuc.com.au
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How Covid-19 is changing the world: a statistical perspective via @CCSA @UnitedNations

How Covid-19 is changing the world: a statistical perspective via @CCSA @UnitedNations | WHY IT MATTERS: Digital Transformation | Scoop.it

This report - compiled jointly by 36 international organizations, under the aegis of the Committee for the Coordination of Statistical Activities (CCSA) - gives a small flavor of that cooperation.

It provides a snapshot of some of the latest information available on how COVID-19 is affecting different aspects of public and private life, from economic and environmental fluctuations to changes that affect individuals in terms of income, education, employment and violence and changes affecting public services such as civil aviation and postal services. It also puts a spotlight on the affects for some sub-population groups like women and children as well as geographical regions.

Farid Mheir's insight:

WHY IT MATTERS: a treasure trove of data and stats on covid-19 impact on the world, economy, manufacturing, etc.

Joanna Joy Fieldings's curator insight, November 15, 2020 9:57 PM
This virus has taken a toll on so many people in the world and in the United States. It is hard to believe that such a virus can put the whole world in shock.
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The Forrester Wave Innovation Management Platforms, Q1 2020 - I expect many of these tools to be useful in the race to define the #newNormal for many. Happy to see a Montreal-based startup in the t...

The Forrester Wave Innovation Management Platforms, Q1 2020 - I expect many of these tools to be useful in the race to define the #newNormal for many. Happy to see a Montreal-based startup in the t... | WHY IT MATTERS: Digital Transformation | Scoop.it

Planbox receives the highest score in strategy AND current offerings in the latest Forrester Wave report on innovation management platforms.

Farid Mheir's insight:

WHY IT MATTERS: managing the innovation process can be done with post it notes and excel spreadsheets. For large teams, distributed teams or remote work teams, I guess a real tool is in order. This list should get you started. Happy to see a Montreal-based startup in the top position... Planbox ;-)

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8 "Laws" Driving Success In #Tech: Amazon's 2-Pizza Rule, The 80/20 Principle, Moore’s Law, Law of Shitty Clickthroughs and other "laws" is a funny yet accurate description of successful #digital s...

8 "Laws" Driving Success In #Tech: Amazon's 2-Pizza Rule, The 80/20 Principle, Moore’s Law, Law of Shitty Clickthroughs and other "laws" is a funny yet accurate description of successful #digital s... | WHY IT MATTERS: Digital Transformation | Scoop.it

These tech “laws” describe why a given network’s value rises exponentially with the volume of participants (Metcalfe’s Law), why most marketing channels eventually produce diminishing returns (Law of Shitty Clickthroughs), or why starting with simple iterations leads to better long-term products (Gall’s Law). Some, like Moore’s Law, have been extremely prescient. Others, like Conway’s Law, provide counterintuitive insights — such as why Apple’s corporate structure is key to its user experience
The report look at 8 of the most famous tech laws, where they come from, why they matter, and how they help describe some of tech’s biggest successes.

Farid Mheir's insight:

WHY IT MATTERS: entertaining read for Sunday morning that may help you steer away from danger as you plan and deliver your digital transformation.

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A Blueprint for a Post-Pandemic #CIO Playbook

A Blueprint for a Post-Pandemic #CIO Playbook | WHY IT MATTERS: Digital Transformation | Scoop.it

Anticipating a Post-Pandemic World In the last week we've seen the first glimmer of light of what will eventually become the full arrival of a post-pandemic operating environment. It will be a brave-new reopening world -- and a notably different and rapidly changing one -- that the CIOs of most organizations will have to quickly and effectively adapt to in order to ensure the survival, renewal, and regrowth of their organizations. Not the least because CIOs are now required to help lead business strategy today.

Farid Mheir's insight:

WHY IT MATTERS:  good insights into post pandemic activities from the viewpoint of CIOs.

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Death of the office from @TheEconomist explores the reason for offices and wonders if we need them after all

Death of the office from @TheEconomist explores the reason for offices and wonders if we need them after all | WHY IT MATTERS: Digital Transformation | Scoop.it

The coronavirus pandemic has sped up a revolution in home working, leaving offices around the world empty. But what was the point of them anyway?

Farid Mheir's insight:

WHY IT MATTERS: we have most of the technologies we need for remote work - high speed internet, mobile devices, cloud computing and storage. As a consultant I deliver my services from my home office, travelling to client sites only when essential to meet face to face: workshops, contract signature, introductions, and cocktails / team meetings. Everything else I do remotely. Since 2008. Covid has just made *everyone* experience my way of working in the past few weeks ;-)

 

This IS the future of work IMHO.

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The digital-led recovery from COVID-19 : Five questions for CEOs via @McKinsey

The digital-led recovery from COVID-19 : Five questions for CEOs via @McKinsey | WHY IT MATTERS: Digital Transformation | Scoop.it

By acting early and being bold and decisive, CEOs can accelerate their digital-led recovery transformation and reach the next normal sooner.

Farid Mheir's insight:

WHY IT MATTERS: 5 important questions

1. Do you have a clear view of where the value is going to be and a road map that will get you there?

2. What role should business building have in helping you accelerate your entrance into new markets or access new customers?

3. How can you lock in the benefits of a more agile operating model to increase the metabolic rate of your business?

4. How should you rethink your talent strategy so that you have the people you need when the recovery starts?

5. What investments are the most necessary to create the technology environment that will allow your company to thrive in the next normal?

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Ready to start thinking about the post-covid world? Here is a concept to start thinking about: the #LowTouch Economy via AThabet

Ready to start thinking about the post-covid world? Here is a concept to start thinking about: the #LowTouch Economy via AThabet | WHY IT MATTERS: Digital Transformation | Scoop.it

You get it, the world is changing due to Covid-19. We are not here to tell you that same story, but to look beyond the current news cycle.

  • Why our world will be very different
  • 10 Examples of expected shifts in consumer behavior, and opportunities for businesses
  • Which industries are impacted the most?
  • What to do now
Farid Mheir's insight:

WHY IT MATTERS: "what will the new normal look like?" is a question this report tries to provide an answer in a very efficient manner. Many food for though ideas.

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Mary Meeker's coronavirus trends report is the most concentrated information doc about #covid impact on life & business via @axios @bondcapital #mustread

Mary Meeker's coronavirus trends report is the most concentrated information doc about #covid impact on life & business via @axios @bondcapital #mustread | WHY IT MATTERS: Digital Transformation | Scoop.it

Mary Meeker's venture capital firm, Bond, sends a 28-page report to its investors.

Farid Mheir's insight:

WHY IT MATTERS: mary meeker internet trend report is an annual must see report to gage the state of the Internet - and digital transformation. Here she applies the same rigour to analyze the impact of coronavirus. #mustread

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Forced experiments that #covid crisis imposed highlights that the #newNormal may include solutions that failed to stick for 20+ years: online grocery, telemedecine, remote education, etc. #mustRead...

Forced experiments that #covid crisis imposed highlights that the #newNormal may include solutions that failed to stick for 20+ years: online grocery, telemedecine, remote education, etc. #mustRead... | WHY IT MATTERS: Digital Transformation | Scoop.it

In January, everyone was online, and probably willing to try anything online. Now we don’t have a choice - we’re shut indoors for weeks or months. What does that means for work? Ecommerce? Health and education? And the people left behind?

Farid Mheir's insight:

WHY IT MATTERS: covid crisis has forced 3.3B people in confinement to use digital technologies that have been developed and promoted for the past 20 years. I know grocery eCommerce well for having pionneered it in Canada, US and France since 1996. This article explores those forced experiment and what may remain once confinement is over. #mustRead

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Ecommerce Illustrated is full of examples of good and bad things to do in eCommerce via @ecomillustrated @lindabustos

Ecommerce Illustrated is full of examples of good and bad things to do in eCommerce via @ecomillustrated @lindabustos | WHY IT MATTERS: Digital Transformation | Scoop.it

The Ecommerce Illustrated project is a book-blog that explores 52 ecommerce "issues" (chapters) from home page through checkout.

Farid Mheir's insight:

WHY IT MATTERS: love this blog and the recommendations it contains.

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