legal - smartsheet...what it’s not: digital transformation … not a destination, but rather a...

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Page 1: Legal - Smartsheet...What it’s not: digital transformation … Not a destination, but rather a journey (Forrester) … Not about putting in technology that does digital, it's more
Page 2: Legal - Smartsheet...What it’s not: digital transformation … Not a destination, but rather a journey (Forrester) … Not about putting in technology that does digital, it's more

Certain information set forth in this presentation may be “forward-looking information.” Except for statements of historical fact, information contained herein may constitute forward-looking statements. Forward-looking statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, many of which are and will be described in Smartsheet’s filings with the US Securities and Exchange Commission, and these risks and uncertainties may cause actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. Although forward-looking statements contained herein are based upon what Smartsheet management believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Smartsheet undertakes no obligation to update forward-looking statements except as required by law.

Smartsheet is a registered trademark of Smartsheet Inc. The names and logos of actual companies and products used in this presentation are the trademarks of their respective owners and no endorsement or affiliation is implied by their use.

Legal

Page 3: Legal - Smartsheet...What it’s not: digital transformation … Not a destination, but rather a journey (Forrester) … Not about putting in technology that does digital, it's more

Frictionless Digital Transformation with SmartsheetJon HarperSr Director of Consulting & Training

Page 4: Legal - Smartsheet...What it’s not: digital transformation … Not a destination, but rather a journey (Forrester) … Not about putting in technology that does digital, it's more

What to expect today

Empowerment to be an agent of change through thought leadership from Smartsheet, McKinsey and Company, Deloitte, and Capgemini

Show you how to manage digital transformation via Smartsheet

Show you a world-class Smartsheet digital transformation environment

Page 5: Legal - Smartsheet...What it’s not: digital transformation … Not a destination, but rather a journey (Forrester) … Not about putting in technology that does digital, it's more

Digital Transformation

… what does that mean?

Page 6: Legal - Smartsheet...What it’s not: digital transformation … Not a destination, but rather a journey (Forrester) … Not about putting in technology that does digital, it's more

What it’s not: digital transformation

… Not a destination, but rather a journey (Forrester)

… Not about putting in technology that does digital, it's more about the way that you work with those tools and work across teams

(Phil Lewis, Boden)

… Not simply moving on-prem software to the cloud, it IS fundamentally based on a ‘new’ digital business model, culture, and new processes

Page 7: Legal - Smartsheet...What it’s not: digital transformation … Not a destination, but rather a journey (Forrester) … Not about putting in technology that does digital, it's more

Definition: digital transformation

The application of digital capabilities to processes, products, and assets to improve efficiency, enhance customer value, manage risk, and uncover new monetization opportunities.

Bill Schmarzo, (2017) CTO Dell EMC Services

Page 8: Legal - Smartsheet...What it’s not: digital transformation … Not a destination, but rather a journey (Forrester) … Not about putting in technology that does digital, it's more

Digital maturity: financial performance

% companies significantly above industry average revenue growth

Source: Deloitte Digital Transformations Executive Survey 2018.

34%

49%

19%

Lower Maturity

Median Maturity

Higher Maturity

Page 10: Legal - Smartsheet...What it’s not: digital transformation … Not a destination, but rather a journey (Forrester) … Not about putting in technology that does digital, it's more
Page 11: Legal - Smartsheet...What it’s not: digital transformation … Not a destination, but rather a journey (Forrester) … Not about putting in technology that does digital, it's more

High tech, media, and telecom

Oil & gas, automotive, infrastructure, and pharmaceuticals

General average30%

26%

4-11%

Digital transformation success rates

Successes

Failures

McKinsey & Company. (2018, October). Industry Survey: Unlocking success in digital transformations

Page 12: Legal - Smartsheet...What it’s not: digital transformation … Not a destination, but rather a journey (Forrester) … Not about putting in technology that does digital, it's more

Key success factor categories

Digital-based business model ➤

Collaboration➤

Digitally minded leadership➤

Communication➤

Change management → culture➤

Page 13: Legal - Smartsheet...What it’s not: digital transformation … Not a destination, but rather a journey (Forrester) … Not about putting in technology that does digital, it's more

Success rates by key factors

Source: McKinsey & Company. (2018, October). Industry Survey: Unlocking success in digital transformations

Page 14: Legal - Smartsheet...What it’s not: digital transformation … Not a destination, but rather a journey (Forrester) … Not about putting in technology that does digital, it's more

Success factors powered by Smartsheet

Source: McKinsey & Company. (2018, October). Industry Survey: Unlocking success in digital transformations

Page 15: Legal - Smartsheet...What it’s not: digital transformation … Not a destination, but rather a journey (Forrester) … Not about putting in technology that does digital, it's more

Success factor: digital tools

21

10

2.1x210% increase

Digital tools were implemented to make information more

accessible across organization

Source: McKinsey & Company. (2018, October). Industry Survey: Unlocking success in digital transformations

Page 16: Legal - Smartsheet...What it’s not: digital transformation … Not a destination, but rather a journey (Forrester) … Not about putting in technology that does digital, it's more

Success factor: digital self-serve

24

12

2.0x200% increase

Digital self-service technology was implemented for employees’ and/or

business partners’ use

Source: McKinsey & Company. (2018, October). Industry Survey: Unlocking success in digital transformations

Page 18: Legal - Smartsheet...What it’s not: digital transformation … Not a destination, but rather a journey (Forrester) … Not about putting in technology that does digital, it's more

Success factor: change management

23

12

1.9x190% increase

Senior managers fostered sense of urgency for making

transformation changes

Source: McKinsey & Company. (2018, October). Industry Survey: Unlocking success in digital transformations

Page 19: Legal - Smartsheet...What it’s not: digital transformation … Not a destination, but rather a journey (Forrester) … Not about putting in technology that does digital, it's more

Success factor: change management

Page 21: Legal - Smartsheet...What it’s not: digital transformation … Not a destination, but rather a journey (Forrester) … Not about putting in technology that does digital, it's more

Success factor: innovative empowerment

22

13

1.7x 170% increase

Senior leaders encouraged employees to experiment with new ideas

Source: McKinsey & Company. (2018, October). Industry Survey: Unlocking success in digital transformations

Page 22: Legal - Smartsheet...What it’s not: digital transformation … Not a destination, but rather a journey (Forrester) … Not about putting in technology that does digital, it's more

Success factor: innovative empowerment

Page 24: Legal - Smartsheet...What it’s not: digital transformation … Not a destination, but rather a journey (Forrester) … Not about putting in technology that does digital, it's more

Success factor: process improvement

20

12

1.7x170% increase

People engaged in key roles encouraged employees to challenge

old ways of working

Source: McKinsey & Company. (2018, October). Industry Survey: Unlocking success in digital transformations

Page 25: Legal - Smartsheet...What it’s not: digital transformation … Not a destination, but rather a journey (Forrester) … Not about putting in technology that does digital, it's more

Success factor: process improvement

Aligns team members, at the highest levels of the process (<7 steps)

Level 1 Process Map SIPOC Diagram Level 2 Process Map

Provides clarity and alignment of relationships to organizations, systems and people

Details the ‘Who’, ‘What’, ‘Where’, ‘Why’, and ‘When’

Page 26: Legal - Smartsheet...What it’s not: digital transformation … Not a destination, but rather a journey (Forrester) … Not about putting in technology that does digital, it's more

Success factor: talent development

Page 28: Legal - Smartsheet...What it’s not: digital transformation … Not a destination, but rather a journey (Forrester) … Not about putting in technology that does digital, it's more

Success factor: collaboration

21

13

1.6x160% increase

Senior managers ensured collaboration between units on

transformation initiatives

Source: McKinsey & Company. (2018, October). Industry Survey: Unlocking success in digital transformations

Page 30: Legal - Smartsheet...What it’s not: digital transformation … Not a destination, but rather a journey (Forrester) … Not about putting in technology that does digital, it's more

Best practicesAim small, miss small...

- Start in the back office- Focus on a single department- Use the power of social influence

Educate...- Higher levels of digital maturity correlate with above-average financial performance- Digital transformation isn’t a thing you do once, it’s a methodology that becomes

interdependent and more meaningful the more you apply it.

Create…- A digital mindset, encourage the habit of looking at old problems and processes through new

eyes and approaching them in new ways.- Influence culture via behavior and cultural change management.- Leverage the power of Smartsheet to drive adoption, speed and execution of your initiatives!

Page 32: Legal - Smartsheet...What it’s not: digital transformation … Not a destination, but rather a journey (Forrester) … Not about putting in technology that does digital, it's more