legal - smartsheet...what it’s not: digital transformation … not a destination, but rather a...
TRANSCRIPT
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Frictionless Digital Transformation with SmartsheetJon HarperSr Director of Consulting & Training
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
Digital Transformation
… what does that mean?
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
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
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
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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
Key success factor categories
Digital-based business model ➤
Collaboration➤
Digitally minded leadership➤
Communication➤
Change management → culture➤
Success rates by key factors
Source: McKinsey & Company. (2018, October). Industry Survey: Unlocking success in digital transformations
Success factors powered by Smartsheet
Source: McKinsey & Company. (2018, October). Industry Survey: Unlocking success in digital transformations
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
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
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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
Success factor: change management
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Change Management
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
Success factor: innovative empowerment
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Innovation Hub
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
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’
Success factor: talent development
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Training
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
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PMO Collaboration
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!
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