vital trends in digital and social in 2015 and beyond by dion hinchcliffe
TRANSCRIPT
Vital Trends in Digital & Social Impacting Your Business in 2015 & Beyond
Dion HinchcliffeChief Strategy Officer7Summits, [email protected]@dhinchcliffe
WHAT’S NEXT IN EMERGING BUSINESS TECH & WHAT IT MEANS TO THE ENTERPRISE
(cc) Some Rights Reserved. 2015, 7Summits Inc. by @dhinchcliffe
What we’ll answer today• What emerging technologies should organizations
be considering?• With an emphasis on digital/social engagement
• Why should you be evaluating these technologies and trends
• What are the key takeaways, actions, and preparatory tasks?
But must still prepare for the fast arriving digital futureMost organizations are still grappling with digital basics
(cc) Some Rights Reserved. 2015, 7Summits Inc. by @dhinchcliffe
The Rate of Tech Change Continues to Increase Exponentially
Mobile Traffic through 2020
(cc) Some Rights Reserved. 2015, 7Summits Inc. by @dhinchcliffe
And Our Organizations Must Face These Changes to Survive
Primary Cause of Failure: Lack of Tech Adaptation
(cc) Some Rights Reserved. 2015, 7Summits Inc. by @dhinchcliffe
What Should Most Organizations Be Focusing on Today?
(cc) Some Rights Reserved. 2015, 7Summits Inc. by @dhinchcliffe
And the next generation of technology will be different than today’s tech.
Forcing us to:• Learn all new platforms and technologies• Think about even more novel new ways to engage• Tap into very different forms of value creation• Find new ways to adapt to digital change more
sustainably
Because Tomorrow is Coming Quickly
(cc) Some Rights Reserved. 2015, 7Summits Inc. by @dhinchcliffe
New Platforms and Technologies that Orgs are Still Largely Unfamiliar With
mobile/social payment platforms
(cc) Some Rights Reserved. 2015, 7Summits Inc. by @dhinchcliffe
That Require To Engage with Stakeholders More Deeply than Ever Before
Our integrateddigitalstakeholderjourney:
That most ofus still haveto build.
(cc) Some Rights Reserved. 2015, 7Summits Inc. by @dhinchcliffe
Creating and Unleashing Value Creation in All New Ways
Key properties of new tech/business• Decentralized• Network-centric• Asynchronous• Scalable• Emergent• Connected• Continuous
(cc) Some Rights Reserved. 2015, 7Summits Inc. by @dhinchcliffe
New Models for Tech Change, Adoption, and AdaptationNew Modes New Structures
(cc) Some Rights Reserved. 2015, 7Summits Inc. by @dhinchcliffe
Novel New Models for Tech Change are Now Fast Emerging Today
(cc) Some Rights Reserved. 2015, 7Summits Inc. by @dhinchcliffe
So What’s Coming Next in Digital and Social?
(cc) Some Rights Reserved. 2015, 7Summits Inc. by @dhinchcliffe
Digital Transformation must go Hand-in-Hand with Human Transformation
Co-Evolution
(cc) Some Rights Reserved. 2015, 7Summits Inc. by @dhinchcliffe
WearablesKey Events• Apple Watch• Watch OS 2• Healthcare Wearables
Why to Prioritize• Always on the person of key
stakeholders • More opportunities to
engage• Essential vector in
omnichannel CX• Healthcare use cases
digital tech
(cc) Some Rights Reserved. 2015, 7Summits Inc. by @dhinchcliffe
Digital Assistants Key Events• Watson• Siri• Cortana
Why to Prioritize• Frictionless UIs• Work shifts from DIY
to do-it-for-you• More productivity• High leverage use
cases
digital tech
(cc) Some Rights Reserved. 2015, 7Summits Inc. by @dhinchcliffe
Robotic Process Automation Key Events• Effective new
solutions• New AI techniques
Why to Prioritize• Next avenue of
automation of mid-level tasks
• Accuracy and speed• Lower cost• Less workforceKey Industries: Financial Services and Healthcare
digital tech
(cc) Some Rights Reserved. 2015, 7Summits Inc. by @dhinchcliffe
Mind/Machine Interfaces Key Events• Technology working in
the lab• Cost point dropping to
mass market level in 36 months
Why to Prioritize• Immersive new UX• More productivity• Powerful new types of
applications• Path to 4th Platform
digital tech
(cc) Some Rights Reserved. 2015, 7Summits Inc. by @dhinchcliffe
Virtual Reality Platforms Key Events• Oculus Rift• Google Cardboard• Apps• Low cost
Why to Prioritize• Path to mind/machine
interfaces• Enable unique applications
not otherwise possible• New modes of
communication and collaboration
digital tech
(cc) Some Rights Reserved. 2015, 7Summits Inc. by @dhinchcliffe
Microframeworks Key Events• Critical mass of new micro
frameworks• Need for must faster digital
solutions• Enables stunningly fast
digital development
Why to Prioritize• Digital transformation
accelerator• Rapid innovation and
pathfinding• Enable rapid digital
experiments: Better hackathons
digital tech
(cc) Some Rights Reserved. 2015, 7Summits Inc. by @dhinchcliffe
Low Code Platforms Key Events• First mass market low
code models arrive• Zapier, IFTTT,
Hooks• Nearly everything has an
API now
Why to Prioritize• Enables citizen developer• Shortest path to digital
value• Tool for widespread
digital transformation
digital tech
(cc) Some Rights Reserved. 2015, 7Summits Inc. by @dhinchcliffe
Applied Machine LearningKey Events• Maturity of open source and
commercial offerings• Weka, Mahout,
DeepLearning4J, dozens of others
• Increasingly impressive real-world examples
• Roboadvisors
Why to Prioritize• Unleashes innovation and
opportunity capacity• Scalable new resource for
analytics and business insight• Competitive advantage: Make
decisions based on all data faster than competitors
digital tech
(cc) Some Rights Reserved. 2015, 7Summits Inc. by @dhinchcliffe
The Blockchain Key Events• Proof of effectiveness in Bitcoin
• $3.5B market cap• A reliable way to do social
transactions with no central authority
• Experimentation and adoption by many in the traditional financial services in 2015
Why to Prioritize• New form of distributed record
keeping• Creates transparency and trust
in digital ecosystems• Will be used by many new digital
competitors as proof of life
digital tech
(cc) Some Rights Reserved. 2015, 7Summits Inc. by @dhinchcliffe
Future Skilling
digital human
Key Events• Increasing digital skill gaps in the
workforce• Need to position for faster digital
change• Need to get ahead of workforce
learning• Often using learning
communities
Why to Prioritize• Ability to reskill workforce for
digital change• Seize opportunities better and
faster• Increase and sustain employee
engagement• Better results and productivity
(cc) Some Rights Reserved. 2015, 7Summits Inc. by @dhinchcliffe
Citizen Developer
digital human
• Comfortable and conversant with new technology
- But not usually a coder
• Has deep subject matter expertise in the business that can be tapped into for new apps
• Is familiar with several major SaaS platforms that are easy to customize to meet new needs
• Is willing to experiment and try new things
• Has typically worked closely and collaborated with the IT department in the past
• Is usually a team player willing to learn a few basic rules and guidelines to keep Citizen Development safe and controlled
Key Events• Increased rate of new apps
and tech• Growing backlogs in the
traditional IT department• Rise of new Low Code
platforms
Why to Prioritize• Solve more business problems
with local experience• Faster application
development• Better fit to business needs• Improved scale of digital
transformation
(cc) Some Rights Reserved. 2015, 7Summits Inc. by @dhinchcliffe
Work Hacking
digital human
Key Events• Proliferation of complexity,
technology, rules, and regulations
• New user shapable technologies that can be used to get things done
Why to Prioritize• Empowering of workers to
fix what’s ‘broken’• Easily tapped pool of
innovation• Improved employee
engagement
(cc) Some Rights Reserved. 2015, 7Summits Inc. by @dhinchcliffe
Networks of Excellence + #changeagents
digital human
Key Events• Limits being hit on Centers of
Excellence for new technology• Urgent need for digital
transformation
Why to Prioritize• To better enable digital
leadership bottom up and top down
• Scales better, more cost effective, and more sustainable than old CoE model
• Emerging naturally from many existing CoEs, so better to go right to the desired outcome
(cc) Some Rights Reserved. 2015, 7Summits Inc. by @dhinchcliffe
TriModal IT and Beyond Key Events• Bimodal not sufficient for larger
and/or more complex projects and organizations
• Evidence that tri-modal and n-modal IT matches right rate of change to right model
Why to Prioritize• Better way to adopt new digital
technology• More realistic model to match
different types of IT and innovation to models that better support them
• Get rid of one sized fits all tech adoption that holds progress back
digital human
(cc) Some Rights Reserved. 2015, 7Summits Inc. by @dhinchcliffe
Beyond DevOps: Adding Innovation + Security
Continuos Innovation
Continuos Security
Key Events• DevOps has proven a
success, with more than half of all orgs using in 2015
• But it’s not yet a complete enough model
Why to Prioritize• Ensures security, the top
issue of the digital era, is baked into all tech enablement
• Ensures innovation efforts are directly and continuously connected to the tech development effort
digital human
All DigitalActivities ina Single Stack
(cc) Some Rights Reserved. 2015, 7Summits Inc. by @dhinchcliffe
Digital Management Models Key Events• Traditional industry age
management not up to task of managing in flatter, faster, networked digital era
• New models emerging and experimented — and enabled by collaborative tech and communities— by thousands of organizations
Why to Prioritize• Adopt faster, more effective
forms of management• Enable productivity,
efficiency, innovation, and faster action against opportunities
digital human
(cc) Some Rights Reserved. 2015, 7Summits Inc. by @dhinchcliffe
SocBizOps: Sustained functional engagement
social human
Key Events• Social media fragmentation
makes acting on social data and events disconnected to key business functions
• Push to close the gap between events and action to create continuous engagement
• Happening in community management teams
Why to Prioritize• Better connect stakeholder
engagement with company operations
• Produce faster and sustained results in customer care, marketing, sales, operations, and innovation
(cc) Some Rights Reserved. 2015, 7Summits Inc. by @dhinchcliffe
Holistic Social Business Key Events• Aging pre-networked
processes not working well in many organizations
• Large orgs seeking more collaborative, open, and decentralized processes
Why to Prioritize• The usual KPI benefits• More sustainable change
processes• Better tech adaptation
and route to digital transformation
• 280,000 employees
• 25 top level use cases
• Redesigned core business processes for social
social human
(cc) Some Rights Reserved. 2015, 7Summits Inc. by @dhinchcliffe
Social HR and Sales
Key Events• HR seeking to adapt and
provide value in new operation environment
• Sales processes move to social channels in most orgs
Why to Prioritize• Better talent and
resource management• Especially recruiting
• Ability to meet customers and employees in the channels they use the most
social human
(cc) Some Rights Reserved. 2015, 7Summits Inc. by @dhinchcliffe
Swarm Working Key Events• Rise of crowd everything in
the wild• Lack of equivalent
capabilities in the enterprise• Tools emerging in the
enterprise to make swarm/crowd working possible
• Office365 Groups
Why to Prioritize• Faster activation on key
business challenges• More effective resolution of
exception scenarios and high priority business events
social human
(cc) Some Rights Reserved. 2015, 7Summits Inc. by @dhinchcliffe
Social Performance Management
Key Events• The emerging of tools to
better monitor and guide our stakeholders
• Growing number of orgs using process improvement using social business tools
Why to Prioritize• More comprehensive and
guided approach to ensuring performance results using network engagement
• Shortest route to optimization and value creation
social human
(cc) Some Rights Reserved. 2015, 7Summits Inc. by @dhinchcliffe
AI-Based Social Analytics
social tech
(cc) Some Rights Reserved. 2015, 7Summits Inc. by @dhinchcliffe
Community Management as a Service Key Events• Orgs discovering a
paucity of community management resources
• Rise of social media and community in many business functions
Why to Prioritize• A cost-effective way to
ramp up vital resources to make digital engagement successful
• Faster way to increase capabilities for managed digital engagement
social tech
(cc) Some Rights Reserved. 2015, 7Summits Inc. by @dhinchcliffe
Social Integration between Apps, Silos, Community Key Events• Too many collaboration
and communication tools in our orgs now
• Apps like Slack that bring them all together
Why to Prioritize• Get ahead of and
manage digital channel fragmentation
• Deliberately design a collaborative and community architecture instead of ‘letting it happen to you’
social tech
(cc) Some Rights Reserved. 2015, 7Summits Inc. by @dhinchcliffe
Notable Vertical Dimension: Healthcare
Wellness Tracking Social EMRs Healthcare Communities
(cc) Some Rights Reserved. 2015, 7Summits Inc. by @dhinchcliffe
Notable Vertical Dimension: Financial Services
Cryptocurrency Digital Advisors Partner Networks
(cc) Some Rights Reserved. 2015, 7Summits Inc. by @dhinchcliffe
Notable Vertical Dimension: Higher Education
Adaptive Learning Student/AlumniCommunities
Learning Spaces
(cc) Some Rights Reserved. 2015, 7Summits Inc. by @dhinchcliffe
What Does it Look Like When It’s Done? An Ecosystem
(cc) Some Rights Reserved. 2015, 7Summits Inc. by @dhinchcliffe
Let’s Learn to Continuously Design Our Futures Together in Scale
Q&AFor slides:[email protected] @dhinchcliffe
For a strategic online community:http://7summitsinc.com