Presentation on digital transformation, creating a data-driven, customer-centric organization from lafleurs symposium, may 2015. Modified to more effectively standalone.
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La fleur's Digital Transformation
1. Building A Data-Driven, Customer-Centric Organization
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Engineering A Digital Transformationtm
2. But I just want to be customer-centric, why do I have to engineer a digital transformation?
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Data.
Accumulating everywhere, data is every
organizations path to sustained value
and it is also the path to increasing risk,
liability, confusion and chaos.
8. April 15, 2016
Our people. A cross generational group
of people that must now be creative,
critical thinkers using all kinds of new
technologies in all kinds of new ways to
meet all kinds of new demands .
9. DIGITAL
TRANSFORMATION
The realignment of, or new investment in,
technology, business models, and processes to
more effectively compete in an ever-changing
digital economy.
Brian Solis
Principal Analyst, Altimeter Group (a Prophet co.), Author of X:
The Experience When Business Meets Design
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10. THE SECRET?
1.Its Not Easy
2.It Isnt Simple
3.It Isnt Quick
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It Can Be Done.Building A Data-driven and Customer-centric Organization In The Lottery Industry
Aligned revenue and income.
Directed growth.
Stable return on sales rate.
Hoosier Lottery
Year Over Year +/- %
Source: Hoosier Lottery financial reporting
12. By 2018, 67% of the CEOs of Global 2000
enterprises will have digital transformation at
the center of their corporate strategy.
6 Predictions About the Future Of Digital Transformation, Gil Press, Forbes (Forrester, IDC and Gartner)
3 years into digital transformation
3 years into digital transformation
10+ years into becoming data-drivenLottery Retailers
Already On Their Way.
Lottery Just
Getting Started.
Source: Strategy Not Technology Drives Digital Transformation,
MIT Sloan Management Review.
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15.
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Organizations Arent Organized
To Meet The Needs of the
Always On Customer.
16. Big Data
Sales Technology
Marketing Automation
Marketing Analytics
Lots of Technology,
Not A Lot of Solutions.
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Source: Simon Blackburn
Source: chiefmartec.com
Source: venturebeat.com
Source: Matt Turck, Managing Director FirstMark Capital
18. Convert data from bits & bytes into an integrated,
measured & growing asset via transformed distributed,
self-service competencies across the organization.
Data-driven.
Continuously growing understanding of the customer
and deploys integrated solutions and strategies
envisioned and built around them.
Customer-centric.
Iterative, transformative and disruptive innovation that
accepts failures and create new markets.
Innovation as a strategy.
Continuously. Across the organization.
Agile.
Siloed and product-centric approach to the
customer, push communications and
reach/frequency based measurements.
Yearly new products, rigid strategic
planning.
Slow, centralized and iterative decision-making
based largely on narrowly defined customer
needs, market protection and failure avoidance.
Disparate & growing data sets, limited data
governance, siloed analytics, piles of reports
and increasing security and privacy threats.
CODEI, LLC 息2016
23. Changing The Way We
Do Business Requires
Actually Changing The
Way We Do Business.
Executive ownership and organizational alignment.
Prioritize & be patient gunky, clunky and fundamental first.
Be courageous focus, stop, start, more.
Fully resource todays business & preparing for tomorrow.
Inspire, engage and inform everyone, over and over, manage the change
effort.
Know and own your story all of it.
Payment structures - align dollars with value creation.
Procurement - flexible, agile and responsive.
New metrics value, track and measure.
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