Organizations are clear that postpandemic working will be hybrid. After that, the details get hazy.
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WHY IT MATTERS: Digital Transformation
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Curated by
Farid Mheir
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I have been talking with hundreds of people across the industry and have discovered that the changes coming to Apple are deeper than just a VR/AR headset. Way deeper. The changes already being worked into products represent tens of billions of dollars of investment.
Farid Mheir's insight:
WHY IT MATTERS: a long read about tens of new developments in the works at Apple from a long time AR-VR industry watcher (he was very bullish about Google glasses back in the day). Nevertheless, the article is a good rundown of what the future of 3D in AR and VR may be. What I find great is that it goes beyond the classic AR-VR use cases and into a more fundamental trend of embedding digital into the real world in 3D. The examples of what is being developed in the labs is eye opening. But remember, this is R&D and will take years to become ubiquitous. 
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With Covid-19 restrictions lifting, more people are booking trips and hotels online, which is very good for Google’s advertising business. Google’s employees, however, are working from home and not traveling as much on the company dime -- and that’s also good for its business.
Farid Mheir's insight:
WHY IT MATTERS: covid lockdown has frozen travel but one has to wonder: will we ever go back to the level of business travel that we had before? Isn't this really the promise of digital transformation, to let people work as efficiently from home (or the beach) as the office?
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Amazon has 147 million Prime members in the United States, according to estimates from Consumer Intelligence Research Partners.
Farid Mheir's insight:
WHY IT MATTERS: Prime has 200M members worldwide, 143M in USA. Interesting to see what people use it for - but the survey hides an important fact: the real value of PRIME for Amazon. I wrote about the value of PRIME in the past but this increase warrants a review of previous numbers. Back in 2016 when "only" 48M members, this report valued PRIME at 143B$. www.vox.com/2016/10/5/13175272/amazon-prime-valuation-worth-143-billion-cowen-report
Also more here: blog.fmcs.digital/?q=amazon+prime
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Shortsighted solutions to recurring problems--antipatterns--often sabotage technology transformations.
Farid Mheir's insight:
WHY IT MATTERS: sometimes it is better to know what *not* to do.
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As organizations launch more and more digital initiatives, CEOs must monitor whether they are delivering business results. These metrics are ones to watch.
Farid Mheir's insight:
WHY IT MATTERS: "digital transformation" often means anything and everything. These 5 markers can help you define quantifiable metrics to ground resources in concrete, actionable activities. Too often, unfortunately, are CDOs "chief digital officers" , CTO "chief technology officers" or "VP digital transformation" or "VP innovation" tasked with vague requirements that are aspirational ("move the organization in the digital world") or qualitative ("coordinate actions and support executives in the digital transformation"). After a few years of workshops, evaluations, and pilot projects they often fail to deliver meaningful business impacting metrics.
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Farid Mheir's insight:
WHY IT MATTERS: interesting take on a hot topic. How can retailers compete with Amazon? One way for local products is le panier bleu ;-)
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We developed the Random Employee Chats application internally, with the goal of recreating the pre-pandemic informal interactions. Here's how we moved from a shared spreadsheet to Cloudflare Workers to automate the entire process.
Farid Mheir's insight:
WHY IT MATTERS: interesting solution developed at Cloudflare, a technology company, to facilitate conversations across the organization. The paper highlights the challenges of making random chats truly random (and useful). As work from home and remote work become the norm post-covid, this will become required in all organizations. Not only large distributed companies but also startups that decide to go full work from home.
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Explore the "30 Best SaaS Pitch Deck Collection" base on Airtable.
Farid Mheir's insight:
WHY IT MATTERS: a collection of 30 pitch decks with links to use as a starting point for your startup pitch!
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TL;DR: In today’s post — the first in a series exploring the future of human-computer interaction (HCI) — we’ll begin to unpack the 10-year vision of a contextually-aware, AI-powered interface for augmented reality (AR) glasses that can use the information you choose to share, to infer what you want to do, when you want to do it.
Farid Mheir's insight:
WHY IT MATTERS: this long read from Facebook Tech provides insights into the potential of augmented reality.
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How do you make change happen? Split the problem into halves and then tackle each, using four practical techniques to find the answers
Farid Mheir's insight:
WHY IT MATTERS: buried in this article from McKinsey is this gem of a chart about different ways to introduce transformation, including digital. Pick the wrong method and you are doomed. I believe it.
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We surveyed more than 3,000 CEOs around the world to learn how they are positioning their organizations for success after COVID-19. Five key factors set outperforming CEOs apart.
Farid Mheir's insight:
WHY IT MATTERS: technology is high on CEO radar of priorities as digital transformations shifts from front-office (web, social, search, all areas of the marketing CMO) to the back office (manufacturing, security, IOT, cloud, AI). CIOs play a role but many times they can't cut it so the CTO comes in. Could be a fundamental trend, or simply tunnel vision (it is an IBM survey after all ;-). Thanks to Sean Moffitt - Future Proofing Next guru! Many more insights in the full report.
andrenghutch@gmail.com's curator insight,
February 7, 2021 11:12 PM
real estate is all about location, business is all about culture.
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Covid brought shock and a lot of broken habits to tech, but mostly, it accelerates everything that was already changing. 20 trillion dollars of retail, brands, TV and advertising is being overturned, and software is remaking everything from cars to pharma. Meanwhile, China has more smartphone users than Europe and the USA combined, and India is close behind - technology and innovation will be much more widely spread. For that and lots of other reason, tech is becoming a regulated industry, but if we step over the slogans, what does that actually mean? Tech is entering its second 50 years.
Farid Mheir's insight:
WHY IT MATTERS: a great new overview of the digital transformation (my words), with fact-based data-full slides. I especially like everything about eCommerce in there which will become reference for me in coming months. I extracted just one striking illustration of the wide variation of eCommerce penetration depending on industry. This chart highlights how different the digital transformation strategies must be in the toys&games industry vs the grocery industry. Love it. Many more in the full presentation.
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cette édition du Québec économique montre comment les innovations numériques au sein de nos organisations publiques et privées touchent actuellement tous les secteurs de notre économie, faisant de la transformation en cours une véritable révolution numérique sur le marché de l’emploi, mais également dans le monde de l’éducation et de la formation. L’écosystème d’innovation et de collaboration qui se met en place au Québec et au Canada, principalement autour de l’IA, fait l’objet d’analyses poussées dans cet ouvrage.
Farid Mheir's insight:
WHY IT MATTERS: je comprends que ce sont des universitaires et qu'ils doivent être précis mais svp pensez aux lecteurs qui ont autre chose à faire et à lire....
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Farid Mheir's insight:
WHY IT MATTERS: I don't pay for much content these days but I did for Benedict Evans newsletter because he sits - as I do - at the confluence between technology and business and often, as in this quote, coins the issues in a few words.
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Best Practice for Adopting the World’s Most Successful eCommerce Model.
Farid Mheir's insight:
WHY IT MATTERS: always the same, reports stress all the elements and solutions on the FRONT-OFFICE and hide under the rug the make-or-break elements of the BACK-OFFICE - probably because they are the most difficult elements to get right. Or maybe is it because they don't know? ;-)
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There’s an old saying that the first fifty years of the car industry were about creating car companies and working out what cars should look like, and the second fifty years were about what happened once everyone had a car - they were about McDonalds and Walmart, suburbs and the remaking of the world around the car, for good and of course bad. The innovation in cars became everything around the car. One could suggest the same today about smartphones - now the innovation comes from everything else that happens around them.
Farid Mheir's insight:
WHY IT MATTERS: this post is a bit theoretical for someone not bathing in digital transformation all day as I do (mostly). It explores what could come next but more importantly stresses an important fact: we now have a new platform - the mobile phone - in our pockets that has the potential to transform our world. We have started to see this with eCommerce - physical retail stores become irrelevant and we can price compare from anywhere - but we have yet to see the real impact of eCommerce+mobile+cloud+5G. THIS is what I think about most days...
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We asked executives how long they expected it would have taken their companies prepandemic to digitize 12 different activities and how long it actually took them once the coronavirus hit.
Farid Mheir's insight:
WHY IT MATTERS: "quand on veut, on peut".
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In the early 1960s, it was common to think, ‘We are building a new computer, so we need a new programming language,’
Farid Mheir's insight:
WHY IT MATTERS: this short article is must read for anyone in the field to understand where things we used today come from (web, PHP, etc.). A bit technical but very approachable, what strikes me most is that everything we used today - Internet, iPhones, eCommerce & digital transformation in general - are no more than 60-70 years old. We are digital puberty with 40 year old software parents. Keep that in mind as you think about your digital transformation.
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A billion people in the world have no legal identity. Without an ID they can’t open a bank account, get a loan, or even vote. Now a tech entrepreneur has come up with an answer.
Farid Mheir's insight:
WHY IT MATTERS: an amazing article from WEF about how important digital identity is. The diagram is also a great summary of the potential use cases for digital IDs. In short: its way more than a digital version of your passport.
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This Gartner research helps executive leaders prioritize digital business efforts to satisfy near-term needs with the longer-term goal of being future-ready.
Farid Mheir's insight:
WHY IT MATTERS: this short article presents an interesting framework to prioritize digital projects - although a bit weak on actual content.
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A new survey finds that responses to COVID-19 have speeded the adoption of digital technologies by several years--and that many of these changes could be here for the long haul.
Farid Mheir's insight:
WHY IT MATTERS: Question: who is the corporate leader for digital transformation? Answer: covid-19! These charts from McKinsey clearly show how much covid has accelerated digital transformation in organizations. Never waste a good crisis they say... ;-)
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Learn what circular impact means and how you can measure it for your business! It's important to translate your strategy into tangible KPIs and measurable targets.
Farid Mheir's insight:
WHY IT MATTERS: a beautiful illustration of the circular economy and the multiple options to consider before the landfill.
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Since former BCG consultant Clayton Christensen first used the term "disruptive innovation" in 1995, nimble startups have challenged incumbents in every field from music to manufacturing. Now, a tectonic disruption is hitting management consulting just as it has hit many other industries.
Farid Mheir's insight:
WHY IT MATTERS: this report presents the case for the disruption of consulting by small firms like mine as it is enabled by digital technologies. Fascinating read.
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Farid Mheir's insight:
WHY IT MATTERS: this well-researched article highlights the PROs & CONs of work from anywhere - WFA - and provides best practices from large companies that have done this at scale (1300 WFA employees at GitHub). A reference for us all in digital transformation and also a showcase for the real impact of our work: large cities may struggle to attract people versus small towns that have lower cost of living and little traffic, countries may find that work visas need to be adapted to limit remote workers (how to do that), etc. All in all, it may be the biggest transformation that digital brings: a societal change. Who knows...
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Curated by Farid Mheir
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WHY IT MATTERS: human nature will dictate return to the office or work from home.
People that DO things for a living - coding, answering calls, writing marketing copy, etc. - don't want to waste 1-2hrs per day traveling to an office to sit in front of the same computer they use at home! Return to the office will not be a huge selling point for them.
People that MANAGE others will crave the visibility and face to face interactions. They will push for a return to the office. And because they are higher up in the food chain, the pressure will be HUGE for workers to return to the office.
Thus I think working remotely will negatively impact your promotion potential within typical organizations and that most workers will goo back to the office at least 3 days per week - even if their work could as well be completed remotely.