What are your symptoms? Perhaps you feel that your business model is at risk of being out-dated or you notice that your rivals are coming up with modern practices to capitalize on new digital opportunities. You feel nausea creeping and deep down you know that you need to do something. You hire a CDO to figure things out. Maybe you’ve been told that digital is the new priority and it merits eligibility to be in the boardroom with you.
According to the first-ever CDO barometer in Finland, the primary sources of inspiration are external networks, social media and examples from other companies. A fourth of the respondents suggest that ideas from their organizations are an important source as well. Interestingly enough, only under 7% of the respondents saw the role of external consultants as a source of inspiration/guidance. This is ironic considering that those whose primary source of income is digitalization are regarded only a minority player. By default, professional digitalists have broad perspective of the possibilities and potential and credible ones also have hands-on experience in implementing change. The best ones are insightful trusted advisors with demonstrated digital acumen.
If you are diagnosed with digital-sclerosis, progressive customer experience palsy, opportunity-myopia or just a mild case of technical-hiccups, your roadmap to recovery will look entirely different.
Would it help if you were properly diagnosed? Before you can be prescribed with a digitalization strategy, you should have a pro do a check-up. The precondition is to understand the level of your ambition – do you know what you want, do you have a vision? If being a digital toddler is what you want to be, your prescription is likely to be epinephrine, therapy or a slap in the face. If you want to merely neutralize your technical debt and be compatible with modern standards, you are probably facing some moderate rehabilitation and possibly some mild antibiotics. If you really want to fully harness digital capabilities and exploit them to secure sustainable competitive advantage, perhaps hijack a new industry or seriously scale-up to dominate your current one, you will surely be prescribed with a digitalization cocktail for a complete make-over.
Diagnostics are crucially important. If you are diagnosed with digital-sclerosis, progressive customer experience palsy, opportunity-myopia or just a mild case of technical-hiccups, your roadmap to recovery will look entirely different. Sometimes the underlying problem is not even visible. You might have toxic change resistance flowing in your networks or even a malignant transformation-tumor lodged in one of your businesses.
For those who test positive for SAP in their genes, make your way to Bilot’s clinic at the upcoming SAP Innovation Forum on Tuesday March 7th. Making an appointment makes sense, but you can also just stop by unannounced. You will meet prominent specialists, leaders in their field who can provide some immediate relief and help you take your next steps to becoming digital rock-star. We guarantee you get your prescription digital cocktail!
