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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Hardware failure is a critical component of #digitalTransformation. Case in point: McDonalds outdoor Drive Thru menu board failures shows how difficult it can be to replace good old paper cardboard...

Hardware failure is a critical component of #digitalTransformation. Case in point: McDonalds outdoor Drive Thru menu board failures shows how difficult it can be to replace good old paper cardboard... | WHY IT MATTERS: Digital Transformation | Scoop.it

McDonald’s Drive-Thrus are a baseline for the entire industry and seeing them install LCDs that basically blow up and fail totally is something everyone wants to understand.

Farid Mheir's insight:

WHY IT MATTERS: found this example of displays that fail at McDonalds drive-thrus. It highlights the fact that digital transformation often means deploying new hardware in places where there not in the past. And that creates a huge number of issues in terms of design, maintenance, operations, etc. Very often not a big deal is planned but very much a big deal if not accounted for in the beginning. So think about cooling, electricity availability, repairs, software version updates, security, content upload, etc.

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The Agile Practice Guide is an #eBook that summarizes everything you need to know about the #Agile methodology and its practices via @agileAlliance @PMI

The Agile Practice Guide is an #eBook that summarizes everything you need to know about the #Agile methodology and its practices via @agileAlliance @PMI | WHY IT MATTERS: Digital Transformation | Scoop.it

Agile Practice Guide provides tools, situational guidelines, and an understanding of the various Agile approaches available to enable better results. It is especially useful for project managers accustomed to a more traditional environment to adapt to a more Agile approach. The Agile Practice Guide contains the following sections:
- An Introduction to Agile describes the Agile Manifesto mindset, values, and principles. It also covers the concepts of definable and high-uncertainty work, and the correlation between the Lean, Kanban, and Agile approaches.
- Life Cycle Selection introduces the various life cycles discussed in the practice guide and covers suitability filters, tailoring guidelines, and common combinations of approaches.
- Implementing Agile: Creating an Agile Environment talks about critical factors to consider when creating an Agile environment such as servant leadership and team composition.
- Implementing Agile: Delivering in an Agile Environment discusses how to organize a team and common practices the team can use for delivering value on a regular basis. It provides examples of empirical measurements for the team and for reporting status.
- Organizational Considerations for Project Agility explores organizational factors that impact the use of Agile practices, such as culture, readiness, business practices, and the role of a project management office (PMO).

Farid Mheir's insight:

WHY IT MATTERS: must read for anyone interested in knowing what Agile is all about and how to implement it in their team or company.

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Understanding the strategic value of IT in M&A via @McKinsey #CIO #M&A #digitalTransformation

Understanding the strategic value of IT in M&A via @McKinsey #CIO #M&A #digitalTransformation | WHY IT MATTERS: Digital Transformation | Scoop.it

Many mergers don’t live up to expectations, because they stumble on the integration of technology and operations. But a well-planned strategy for IT integration can help mergers succeed.

Farid Mheir's insight:

WHY IT MATTERS: this older article from McKinsey helps highlight the importance of IT - and I would assume digital technologies if the paper was written in 2019.

More insights into a framework to leverage IT in M&A context here: https://sophisticatedfinance.typepad.com/sophisticated_finance/2011/01/it-due-diligence.html 

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How I Burned 10 Million Dollars So You Don’t Have To.

How I Burned 10 Million Dollars So You Don’t Have To. | WHY IT MATTERS: Digital Transformation | Scoop.it

How I Burned 10 Million Dollars So You Don’t Have To.
(An Education in Humility, Humanity, and Leadership).

In February, my startup (Twenty20) employed 35 people. We had a board-approved plan to scale to 85 by the end of the year. As of July, we were at 55, and well on our way. Now, four months later, our team size is 12.

Farid Mheir's insight:

WHY THIS IS IMPORTANT

I love those stories because they are real-life, pragmatic, and reflect the reality of startups. Should be true not only for startups but intrapreneurs and small groups that burst into life in larger organizations. Lesson to learn: don't grow until you know your business model. Also: self-service is good. Must read to give you confidence, hope and also scare you a little.

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The jobs of the future report stresses 2 two skills you need & human impacts to consider via @weforum

The jobs of the future report stresses 2 two skills you need & human impacts to consider via @weforum | WHY IT MATTERS: Digital Transformation | Scoop.it

Maths ability will get you furthest, says Harvard's Davis Deming. As long as you've got the social skills to go with it.

Could a robot do your job? Millions of people who didn’t see automation coming will soon find out the painful way. The answer is a resounding yes. The World Economic Forum’s Future of Jobs study predicts that 5 million jobs will be lost before 2020 as artificial intelligence, robotics, nanotechnology and other socio-economic factors replace the need for human workers.

Farid Mheir's insight:

One important stat from The Future of Jobs report is that the top trend that will drive change in work is new technology and innovation.

 

WHY THIS IS IMPORTANT

All jobs will be affected by technology and thus every good digital transformation should include the human disruption and its impact on current and future employees. Too often, we implement digital change and fail to consider people impact.

Look at UBER taxis: their model is to plow ahead and disrupt the market but they have failed to accompany the taxi drivers that are impacted. Because of it they are facing huge head winds from governments and established corporations.

On the other hand, Teo Taxi (Montreal-based) has recognized the people impact and embraced human transformation of the cab drivers which results in much better relationships and less confrontation. Same technology, same process, different human approach.

Gonzalo Moreno's curator insight, December 9, 2016 5:06 AM
TASK Management vs. PEOPLE Management, a superclassic...
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A #startup expriment in #transparency shares reasons, financial details and nextsteps when laying off 10 people

A #startup expriment in #transparency shares reasons, financial details and nextsteps when laying off 10 people | WHY IT MATTERS: Digital Transformation | Scoop.it
Some tough news: Buffer has made 10 layoffs, 11% of the team. We want to share openly how we got here, the financial details and how we’re moving forward.
Farid Mheir's insight:

A great read on how digital economy startups are doing things differently by sharing everything from revenues to salaries to how they are hiring and firing people. A great source of inspiration for anyone that ever had a startup and needed to take tough decisions.

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Warby Parker gets better results by reducing managers’ control over workers

Warby Parker gets better results by reducing managers’ control over workers | WHY IT MATTERS: Digital Transformation | Scoop.it

The problem Warby Parker faced was not unusual nor particularly complicated: How could the trendy eyewear company make better use of its computer programmers’ time? To solve that mundane quandary, the company could have hired an outside consultant, or reorganized its engineering department. Instead, Warby Parker did something radical: It let its employees decide.

Farid Mheir's insight:

The article describes the process and its benefits to the company and its employees.

 

WHY THIS IS IMPORTANT

Digital transformation let's companies change the way they have been doing things for years. This Warby Parker experiment is one example and there are many others in the startup and small business areas. However, large organizations have remained more traditional: why not consider your department or business unit as a small business or startup and start experimenting with ideas like this one or others?

 

Get inspiration in the following posts: 

- Buffer's transparency dashboard: Public salaries, equity and more: http://sco.lt/7sEunJ 

- How Google Sets Goals: Inside Buffer's Experiment with OKRs: http://sco.lt/85GzCr 

 

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Curated by Farid Mheir
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