Post on 12-Apr-2017
transcript
How to prosper in a world of disruptive change
a 10-minute guide to Digital Transformation for SME decision makers
At a glance
SMEs are major contributors to the UK economy.
But they have practical constraints in terms of time, skills and budget. Which means that there is a real danger that many could be swept away by the wave of transformational changes that are impacting the
world of business.
So I have written this short guide for busy managers and executives of SMEs and micro-enterprises. It explains in simple terms:
• How new technology is shaking up the world of business
• The steps you need to take in order to prevent your business from becoming a casualty of disruptive change
• The potential benefits of transforming your organisation into a digital business
• How to make a wise choice when selecting a consulting partner
Bill Harpley Founder and Principal Consultant
Naturally, I hope you choose Astius. We can bring the right blend of vision, pragmatism and technological know-how to your digital transformation project. But please read on and judge for yourself!
©2017 Astius Technology Systems Ltd 2 15th February 2017
The Fourth Industrial Revolution
The world is experiencing an unprecedented wave of economic and technological change. • Do you understand the impact this
will have on your career and your business?
• Do you have a strategy in place to take advantage of the amazing opportunities that will arise over the next decade?
• Have you any idea what will happen if you don’t have a strategy?
If you answered ‘No’ to any of the above questions, this briefing will help you prepare your business for the Fourth Industrial Revolution.
©2017 Astius Technology Systems Ltd 3 15th February 2017
A trail of disruption
Whole industries have been impacted by a wave of disruptive players.
Are you ready for this?
©2017 Astius Technology Systems Ltd 4 15th February 2017
Are you ready for the challenge?
According to a recent study by Microsoft 1
1. 44% of business leaders who were interviewed expected their business models to be obsolete within 5 years
2. There is widespread expectation among business leaders that their industry will be disrupted within the next 2 years
3. It is thought that about half of senior managers are unable or unwilling to make the necessary changes to their business which would allow it to prosper and compete in the future
(1) Digital Transformation: the Age of Innocence, Inertia or Transformation?, Microsoft, 2016
Do you recognise any of these sentiments?
©2017 Astius Technology Systems Ltd 5 15th February 2017
Your digital journey
DENIAL AWARENESS ACHIEVEMENT
“It won’t happen to me.”
“It’s all HYPE. Just ignore it!”
“We’re doing OK, so why worry?.”
“Our competitors are racing
ahead! We need to catch up.”
“What about these new technologies? ”
“We need a programme of change. ”
“We’re pushing ahead with
our new business strategy.”
“Investment in skills and technology is starting to pay dividends.”
“Customers are delighted by our new range of products.”
Where are you on your journey towards digital business transformation?
©2017 Astius Technology Systems Ltd 6 15th February 2017
The keys to business survival
Invest in new technologies
Upskill your workforce
Place good Design at the heart of your business
Rethink how you create value
Be open to new business
partnerships
Exploit new market
opportunities
These are the keys to digital transformation
You can use these
six factors to
benchmark your
progress towards
becoming a truly
Digital Business
©2017 Astius Technology Systems Ltd 7 15th February 2017
Choose your strategy
START HERE
STAGNATION
SURVIVAL
GROWTH
Deny change
Accept change
Embrace change
Risk of going bust
Create new digital products and services for customers
Create new digital products and services for customers
Leverage fresh capabilities to enter new markets
You’ve run out of options
You’ve made progress but your options are limited
You’ve maximised your range of opportunities
©2017 Astius Technology Systems Ltd 8 15th February 2017
Reap the rewards of success
Increased Revenues
Greater Customer
Satisfaction
Highly Skilled Workforce
Agile Business Processes
Growth Mindset
Improved Decision
Outcomes
Enhanced Business Efficiency
Greater Brand Value
These are just some of the glittering prizes which can arise from successful transformation to a truly Digital Business.
©2017 Astius Technology Systems Ltd 9 15th February 2017
Failure is always an option
1. Identify beneficial technologies
2. Envision the future of your business
- Develop a new market strategy
- Design your business models
- Develop new products and services
3. Train your workforce in new skills
4. Design agile business processes
5. Implement chosen technologies
6. Integrate people, processes & technology
7. Monitor progress towards desired goals
We never said it would
be easy …
Go it alone if you want to.
• But remember that failure is always an option!
• A skilled consultant can bring vision, impartiality and vital expertise to the project
But which partner to choose?
©2017 Astius Technology Systems Ltd 10 15th February 2017
Why choose
Astius Technology for your project?
Choose a consulting partner
Expertise in new technologies which benefit your business
Three things to look for Three things to avoid
Visionary thinking
Narrow focus on current generation of technologies
Holistic approach to integrating people, technology & processes
Clear vision of how digital technology can transform business prospects
Evangelical zeal for technology “solutions” and software “apps”
Lacks candour and tells you only what they think you want to hear
©2017 Astius Technology Systems Ltd 11 15th February 2017
Brilliant technology
Design for people
Business focused
Act now to secure the future of your business
©2017 Astius Technology Systems Ltd 12 15th February 2017
Get in touch 01273 906507 bill.harpley@astius.co.uk
Is your business
ready to prosper
in a world of
disruptive change?
Together, we can
make it happen.
So call us now to
discuss the future
of your business.
The child becomes the man, innocence becomes experience
and the foolish conceits of youth evolve into wisdom.
But for all this knowledge, the only certain way to predict
the future is to create it. – Bill Harpley
Advanced System Technologies in Urban Spaces™
©2017 Astius Technology Systems Ltd 13 15th February 2017