Hi and welcome to part number three of the blog series on the chief digital officer.
The first part lays groundwork and explains the urgent need for this role inside business in today’s digital world.
The second part digs deep into the tasks and the responsibility of the CDO. Part two also covers the necessary soft-skills which a CDO needs to bring with.
Now let´s work on the third part which deals with the correct setup of the CDO and the connected organization. Why is that so important? Just place this guy somewhere near top-management and see, things will move. No, they will not. As we have seen in …
Hi and welcome to chapter 2 of the CDO blog post series.
In the first blog post of a series, I outlined the necessity of the chief digital officer. Digital technology is both – it can be a huge chance if you have the understanding of its power and possibilities. And it will be a threat to your company if you fail to run the transformation. This huge responsibility needs to be taken by a chief digital officer. In this blog post, I dig into the main tasks of his work and the key aspects of his personality. I also outline the necessary leadership capabilities of such a personality. Let´s go discovering the #CDO 😉
First, I´d like …
As the world becomes a digitally connected place, the impact on business is huge. As businesses are not partly affected but as a whole, there needs to be a clear responsibility for the necessary transformatinonal efforts. This blog post outlines, why businesses are in need for a chief digital officer. In a following series of blog posts, I will explain his tasks and responsibilities and finally give and idea how to organize this role inside companies.
In the first blog post, I will focus on the need for such a role in the C-suite.
Understanding digital impact on business
I was visiting the HR Tech 2015 in London as speaker and, well, visitor. So I had the chance to listen to some keynotes and panels as well as running a presentation and getting valuable feedback on the activities we do. Key question for me was: How is HR coping with digital transformation in UK?
The first thing I noted after two keynotes on Tuesday refers to the storyline that is being told. “As the world becomes a network, the only way to survive as a company is to become a network, too”. The keynoters took parallels of different perspectives. One was the military: The “big” forces of US had to learn, that their hierarchical command-structure …
A system is a great thing. I love to think in systems. Systems can be small – for example a coffee-machine. You put water and coffee-powder in. Some seconds later fresh coffee comes out. Systems can be huge – the weather is a system too. Well there are many more inputs than a coffee machine needs, but there is also an output – rain, sunshine, fog, storm.
Companies are a system too. There is a lot of input (customer demands, markets, raw material etc). Then the company is adding value (hopefully…). The output of the company is a great product or service that customers can buy. If the customer does not buy the stuff, the system dies and will be replaced …
Without any doubt, the world gets a hyperconnected place – a global network, exchanging more information and data every day. Step by step, “everything” gets connected by the global network, empowering new business models and transforming customers and markets.
Observed from a very high perspective this means that customers and markets become something like a brain – a huge network with small and big hubs. A network that is able to adapt to trends very fast and absorb new ideas and behaviors quickly. A network which generates more innovation faster and faster. A network which creates more disruptive power than ever a change before was able to.
The newspapers are full …
Hello new year, you already have send your first signals out to what may happen. As 2014 knocks at the door, it is time to have a look into the possible future and make some predictions of the social business trends that I think will rise.
First prediction: First good answers on benefit of social
Looking into the scene of social business, more and more projects get in trouble because of the still not clear answered question: “Where the heck is the benefit of social”. We all know many possible arguments. They start at “if we do not…” and end in “well we work faster…”. It is an old discussion. But I …