Your leadership states that you’re no longer in an company, but instead you’re now an innovation company. How will that transition play out over the next few years?
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SO THE BOSS DECIDES THAT YOU’RE AN INNOVATION COMPANY
For large companies, how do you manage a major transformation, which extends across both technology and culture?
WHAT WORKS, WHAT BREAKS, WHO STAYS and WHO LEAVES?
- Airlines are fearful of video conferencing
- Streaming companies are fearful of gaming companies
- Automotive companies are about technology more than horsepower
- When farm equipment companies become farmer data companies?
Gracely’s Theorem #2 - Digital Transformation is drawing a straight line between your company and your customers, via the Internet.
- Who and What gets left out?
- What gets prioritized?
- Who is your competition?
- What timelines have been communicated to the market, partners, stakeholders, customers?
- What are the initial focus areas?
- How do you plan to measure success?
- What will be the wins in the first 3 months, 6 months and 12 months?
- Do you understand the importance of communicating these wins?
- How willing are you to ask for help, accept help, and pay for help?
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