A digitalization strategy is dangerous and mainly wrong approach. Why? Because it draws the attention to today’s models, structures and systems and how they can change and become digital. And why is that wrong? Just ask yourself these questions: Would the bookstores have survived if they pursued a digitalization strategy? Would the newspaper industry thrive … Continue reading The folly of digitalization strategy
I agree in principle with the analysis that BCG have done and which they conclude in what they call the Digital Imperative. They have also developed a nice animated presentation that explain it visually. It is when I reach the end of their animation I suddenly see all five fundamental changes that a company needs to address … Continue reading Is following BCG – Digital Imperative possible for anyone???
How does the digital transformation of your organization go? According to the global study DIGITAL TRANSFORMATION: A ROADMAP FOR BILLION-DOLLAR ORGANIZATIONS from CapGemini just 50 of 157 executives say that they have an effective approach. Not an easy task it seems... But why is this so hard? The report states that Successful digital transformation comes … Continue reading Digital transformation – Are some people starting to get it?
Scenario planning is rapidly on the rise as one of the most important strategic tools. This awakening have slowly been going on for a while but the global uncertainties caused by the financial crisis and global economic recession have been speeding up the process. Since the 1960:s the value of scenario planning have been that … Continue reading Scenario planning in fashion
One major challenge with the failing global financial markets is that the amygdala is directly connected to the economic system. This means that individual feelings of billions of people around the globe is directly linked to the global economy. To some extent this have of course been true for a long time, but the increasing … Continue reading Timeouts instead of bailouts?
My home town Göteborg is currently host for the 61st World Newspaper Congress & 15th World Editors Forum with the main theme: Newspapers: A Multi-Media, Growth Business. To me, who is working with strategy, technology related forecasting and scenario planning, it feels really weird. When I look at how technology development and diffusion mix with … Continue reading The future of newspapers
When I was at Volvo IT (my former employer until 2000) for a meeting today, it became sadly clear that Volvo IT have entered further down the path of radical ignorance. I've heard about their strange firewall filters before stopping people from visiting web pages containing the phrases "IP telephony", "sex" and ""games". Apparently the … Continue reading Volvo IT blocks sites mentioning “social software”
I have now and then been involved in discussions about changing consumer behavior during the years. When at Volvo we recognized that Internet provided a price transparency which threatened the margins. The story were that people first went to shopping for a car, but when they had decided which car they wanted they asked their … Continue reading Consumers in a connected world
For the last year or so most of my involvements in foresight activities in organizations seems to have different results than before. More often than not they are putting the focus back to fundamental issues about internal organizational issues. In some sense the results tell me: "Don't fiddle around asking questions about the future! Focus … Continue reading Does foresight render the future irrelevant?
Update: This post is adjusted since I attributed some of the answers to Guy Kawasaki and not Michel Raynor who actually answered the questions. Today Art Hutchinson pointed me to Guy Kawasakis blog and the post on Michael Raynor's book The Strategy Paradox called How to Change the World: Ten Questions With Michael Raynor. It … Continue reading Michael Raynor falls in the gap