digital transformation in media

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MASTERING D i g i t a l Transformation IN MEDIA

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Page 1: Digital Transformation in Media

M A S T E R I N G

D i g i t a l

Transformation

I N M E D I A

Page 2: Digital Transformation in Media

Hi, I’m Jo Caudron Active in digital since 1993

Internet entrepreneur involved in 20+ start-ups.

Founding Partner of Duval Union Consulting

@jcaudron [email protected]

We are business consultants for a digital

world.

Our mission is to help organization transform.

Page 3: Digital Transformation in Media

Are you an active social media user?

Do you embrace new technology?

Do you get your kicks from new business models?

Who Are You?

Page 4: Digital Transformation in Media

Sold in 40 countries!

Page 5: Digital Transformation in Media
Page 6: Digital Transformation in Media

Expect a smack in the face…Digital Disruption is real

Page 7: Digital Transformation in Media

What is your

Page 8: Digital Transformation in Media

What do These 4 have in common?

Page 9: Digital Transformation in Media

You have a C H O I C E

Disruption

Modeling

Transformation

Page 10: Digital Transformation in Media

You have a C H O I C E

Disruption

Modeling

Transformation

Fear

Insight

Direction

Page 11: Digital Transformation in Media

1995+MusicPhotographyVideo Rental…

2005+Print MediaTVTravelHR…

2015+RetailHealthcareAutomotiveEducationTelcoFoodFMCGBanking/Insurance…

2025All Safe havens will be subject to digital disruption…

WAVES OF Disruption

Page 12: Digital Transformation in Media

What can we learn?

Page 13: Digital Transformation in Media

What can we learn?

Page 14: Digital Transformation in Media

Digital Disruption is a story of…

%

Page 15: Digital Transformation in Media

This is NOT our storyYOU THEM

We are COMPLIANT! We are a TRUSTED partner!

We have DECADES of experience! We are on SOCIAL MEDIA!

Page 16: Digital Transformation in Media

This IS our storyYOU

We are COMPLIANT! We are a TRUSTED partner!

We have DECADES of experience! We are on SOCIAL MEDIA!

THEMBut your

app sucks

I want experience

Uhh..ok

Hey this solves my problem!

I don’t want to wait a week

NEW

Page 17: Digital Transformation in Media

The Tipping Point

YOU THEM

Page 18: Digital Transformation in Media

The Digital Office is TransversalSa

les

Mar

ketin

g &

Com

mun

icat

ion

Serv

ice

& Su

ppor

t

HR

DIG

ITA

L LA

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PR &

Ext

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mun

.

R&D

& E

nter

prise

2.0

Sale

s

Mar

ketin

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Com

mun

icat

ion

Serv

ice

& Su

ppor

t

HR

PR &

Ext

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l Com

mun

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R&D

& E

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prise

2.0

DIGITAL OFFICE

Page 19: Digital Transformation in Media

THE IMPACT OF D I G I T A L

Page 20: Digital Transformation in Media

Slicing the Elephant

creates Insight

Page 21: Digital Transformation in Media

@jcaudron

THE MODEL

Page 22: Digital Transformation in Media

Glass House

Package

Frog

GatekeeperTraveller

Participant

Cyborg

THE WHEEL OF CHANGE

New experts and our peers decide what matters

People participate,

share and co-create

their future

Technology becomes part of

everything we do

The relationship with the market

changes

New experiences in product, service & packaging

The position in the value chain changes

Mobile gives access to everything,

everywhere, every time

Page 23: Digital Transformation in Media

versus

Retail

Glass House

Package

Frog

GatekeeperTraveller

Participant

Cyborg

Page 24: Digital Transformation in Media

Food

Glass House

Package

Frog

GatekeeperTraveller

Participant

Cyborg

Page 25: Digital Transformation in Media

Banking

Glass House

Package

Frog

GatekeeperTraveller

Participant

Cyborg

Page 26: Digital Transformation in Media

Health

Glass House

Package

Frog

GatekeeperTraveller

Participant

Cyborg

Page 27: Digital Transformation in Media

Auto-motive

Glass House

Package

Frog

GatekeeperTraveller

Participant

Cyborg

Page 28: Digital Transformation in Media

T H E I M PA C T O F D I G I T A L

ON MEDIA

Page 29: Digital Transformation in Media

The relationship is changing between the organization and the outside world.

The Glass House

The relationship is changing between the organization and the outside world.

Page 30: Digital Transformation in Media

The Glass House

Accountability Proximity Responsiveness Bi-directional Humanization AuthenticityTransparency

Page 31: Digital Transformation in Media

The evolution of unbundling and how this changes your products, services and go-to-market.

The Package

The evolution of unbundling and how this changes your products, services and go-to-market.

Page 32: Digital Transformation in Media

The Gatekeeper New Gatekeepers Recommendations “Good is good enough” Ambassadorship

Page 33: Digital Transformation in Media

The position in the value chain is challenged. You can bypass, or be bypassed.

The Frog

Page 34: Digital Transformation in Media

The Frog Bypassing Virtualization Fragmentation of touchpoints

Page 35: Digital Transformation in Media

Opinion making is challenged. New players can dominate the attention of people.

The Gatekeeper

Page 36: Digital Transformation in Media

The Gatekeeper New Gatekeepers Recommendations “Good is good enough” Ambassadorship

Page 37: Digital Transformation in Media

Primary location and place of consumption are changing. There is a need to merge offline and online

The Traveller

Page 38: Digital Transformation in Media

The Traveller Place Utility Empowered self Instant gratification New way of working Contextual awareness

US consumers now spend more time in apps than watching TV

Page 39: Digital Transformation in Media

Consumers are uniting. The power of the crowd can be good or bad for your organization.

The Participant

Page 40: Digital Transformation in Media

The Participant Community Power of the crowd Sharing economyCollaboration

Watching 40 Years Of Video Per Day

Page 41: Digital Transformation in Media

Technology keeps progressing. We are only at the beginning of the digital revolution.

The Cyborg

Page 42: Digital Transformation in Media

The Cyborg Wearables Quantified SelfInternet of Things Robotics Data Monitoring

Page 43: Digital Transformation in Media

Are you

Scared or

Inspired?

@jcaudron

Page 44: Digital Transformation in Media

Don’t worry, we’ve got a PLAN

@jcaudron

Page 45: Digital Transformation in Media

Digital Transformation is a complex and never-ending

journey

@jcaudron

Page 46: Digital Transformation in Media

YOU NEED TO Scan YOUR

ENVIRONMENT @jcaudron

Page 47: Digital Transformation in Media

DETERMINE THE IMPACT

@jcaudron

Page 48: Digital Transformation in Media

CREATE A North Star VISION

@jcaudron

Page 49: Digital Transformation in Media

DEFINE A Transformation STRATEGY

@jcaudron

Page 50: Digital Transformation in Media

DEFINE A Transformation STRATEGY

@jcaudron

BUILD A ROAD MAP

@jcaudron

Page 51: Digital Transformation in Media

KNOW

YOUR

AUDIENCE@jcaudron

Page 52: Digital Transformation in Media

@jcaudron

WHO DO YOU SERVICE?

Page 53: Digital Transformation in Media

@jcaudron

Page 54: Digital Transformation in Media

@jcaudron

WHO DO YOU SERVICE?

Page 55: Digital Transformation in Media

@jcaudron

Page 56: Digital Transformation in Media

@jcaudron

WHO DO YOU SERVICE?

Page 57: Digital Transformation in Media

@jcaudron

Page 58: Digital Transformation in Media

@jcaudron

WHO DO YOU SERVICE?

Page 59: Digital Transformation in Media

@jcaudron

Page 60: Digital Transformation in Media

@jcaudron

YOU CHALLENGERS

The Challengers move into your space, when will you move into theirs?

Page 61: Digital Transformation in Media

UNDERSTAND

TRANSFORMATION

@jcaudron

Page 62: Digital Transformation in Media

@jcaudron

F R O M DIGITIZATION

T O TRANSFORMATION

Page 63: Digital Transformation in Media

ORGANIZATION

CUSTOMER RELATIONS

PRODUCTBUSINESS MODELS

DIGITIZATION Everything you do in your channel

TRANSFORMATION Existing product - old business models Old products - new business models New products - new business models

Page 64: Digital Transformation in Media

BUILD a new ORGANIZATION

@jcaudron

Page 65: Digital Transformation in Media

From ... ... to

The Business

Digital (at the sideline)

Digital in the core

@jcaudron

Page 66: Digital Transformation in Media

The BusinessDigital (at the

sideline)

The Business

Digital (at the sideline)

From ... ... to@jcaudron

Page 67: Digital Transformation in Media

The BusinessDigital (at the

sideline)

Digital in the coreThe Business

Digital (at the sideline)

Digital in the core

Digital in the core

Digital in the core

From ... ... to@jcaudron

Page 68: Digital Transformation in Media

From an outdated M OTHER SHIP

@jcaudron

Page 69: Digital Transformation in Media

From an outdated M o t h e r s h i pTO A modern

F L E E T@jcaudron

Page 70: Digital Transformation in Media

Launchpad

RadarTransformation Board

How to Organize The Fleet

@jcaudron

Page 71: Digital Transformation in Media

Launchpad

RadarTransformation Board

How to Organize The Fleet

@jcaudron

DIGITAL GOVERNANCE

Page 72: Digital Transformation in Media

YOU NEED DIGITAL Leadership

@jcaudron

Page 73: Digital Transformation in Media

The Digital Office is TransversalSa

les

Mar

ketin

g &

Com

mun

icat

ion

Serv

ice

& Su

ppor

t

HR

DIG

ITA

L LA

B

PR &

Ext

erna

l Com

mun

.

R&D

& E

nter

prise

2.0

Sale

s

Mar

ketin

g &

Com

mun

icat

ion

Serv

ice

& Su

ppor

t

HR

PR &

Ext

erna

l Com

mun

.

R&D

& E

nter

prise

2.0

DIGITAL OFFICE

@jcaudron

Page 74: Digital Transformation in Media

TO PULL THIS OFF YOU WILL NEED…

@jcaudron

Page 75: Digital Transformation in Media

M I N D S E T@jcaudron

Page 76: Digital Transformation in Media

M E A N S@jcaudron

Page 77: Digital Transformation in Media

M A N D AT E@jcaudron

Page 78: Digital Transformation in Media

Digital Transformation is a complex and never-ending

journey

@jcaudron

Page 79: Digital Transformation in Media

TRANSFORMATION STRATEGY

ROADMAP

DIGITAL LEADERSHIP & CAPABILITIES ASSESS

TEAMSTRAIN & COACH

CHANNEL STRATEGY

POLICY & GOVERNANCE

SET-UP AND ROLL-OUT RUN

ROLL-OUT DIGITAL OFFICE

RUN DIGITAL OFFICE

CUSTOMER ENGAGEMENT

CHANNELS

PLATFORM DESIGN

REQUIREMENTSPARTNER

SELECTIONRFP CREATION

LAUNCHDEVELOPMENT

BUSINESS/SERVICE/PRODUCT DESIGN TRADITIONAL

BUSINESS MODEL

START-UP BUSINESS MODEL

PROJECT KICK-OFF

START-UP KICK-OFF (FUNDING, INCUBATION)

RUN PROGRAM/DEVISION/…

RUN START-UP (COACHING,

ADVICE)

START-UP BUSINESS

TRADITIONAL BUSINESS

TRANSFORMATION STRATEGY

IMPACT ANALYSIS NORTH STAR

VISION OF YOUR FUTURE

SCAN MARKET TRENDS & INTERNAL DIGITAL

READINESS

@jcaudron

Page 80: Digital Transformation in Media

Thank You!

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