Defining and understanding digital transformation and the marketing role. How can marketing drive transformation? what are the tasks, strategies and things that can help.
4. About Me
• Management Consultant and Senior Business
Solutions Consultant for the last 13 years
• Enterprise Solution architect for 20 plus years
• Previous CIO in a St. Louis mid-market company for
12 years
• Former Partner / Principal of a local Microsoft
Business Solutions consulting firm
• Have led numerous digital transformation projects
• Passionate about all things coffee!
Matt Bowers
St. Louis
618.972.2152
mbowers@sensecorp.com
7. Digital Transformation is Confusing – What Exactly Is It?
Business Innovation
Digital Strategy
Disruptive Innovation
Disruptive Technologies
User Experience
Digital Marketing
Digital Experience
Digital Disruption
Modern Web
Responsive Design
8. Digital Transformation is Confusing – Who Drives It?
Executive Suite
Operations
Finance
EmployeesMarketing
Human Resources
IT
Sales
9. Digital Transformation is Confusing – Who is Responsible?
CEO
CTO
CKO
CLO
COO
CDO
CFO
CMO
CIO
CXO
CCO
CPO
CCO
CCXO
10. Digital Transformation is Confusing - So Many Decisions
Do we need
new
technology?
What is the
ROI?
What
technologies
do we need?
Who is
driving it?
Do we
need to
start over?
How much
will it cost?
Who can
help us?
How do we
get started?
How long
will it take?
When do
we start?
Should we
wait?
12. What is Digital Transformation?
Digital transformation is the profound and accelerating transformation
of business activities, processes, competencies and models to fully
leverage the changes and opportunities of digital technologies and
their impact in a strategic and prioritized way.
12
Digital Transformation is NOT…
• Business Innovation
• Digital Experience
• Digital Strategy
TRUE DIGITAL TRANSFORMATION NEEDS TO INVOLVE MUCH MORE THAN JUST THE END PRODUCT
• Digital Disruption
• Disruptive Innovation
• Disruptive Technologies
13. Digital Transformation: Make it More Relevant
• Social, mobile, and real-time technologies
have transformed people’s lives—and
their expectations for how they interact
with organizations.
• As part of that evolution, organizations
need to transform to meet these new
expectations with every connection.
• We think of digital transformation as the
alignment of businesses to their
customers at every touchpoint in their
customer journey.
14. What is Digital Transformation?
• “The coupling of granular, real-time data (e.g., smartphones, connected devices,
smart appliances, wearables, mobile commerce, video surveillance) with modern
technologies (e.g., cloud native apps, big data architectures, hyper-converged
technologies, artificial intelligence, blockchain) to enhance products, processes,
and business-decision making with customer, product and operational insights.”
14
15. Digital transformation hinges on four imperatives
Engage
your
customers
Engage your
employees
Optimize your
operations
Transform
your products
Systems of
Intelligence
Image credit : Microsoft
16. Myths About Digital Transformation
16
Myths Facts
Digital is primarily about the customer experience Huge opportunities exist also in efficiency,
productivity and employee leverage
Digital primarily matters only to technology or
B2C companies
Opportunities exist in ALL industries, NO
exceptions
Let a thousand flowers bloom; bottom up activity
is the right way to change
Digital transformation must be led from the top
If we do enough digital initiatives we will get
there
Transformation management intensity is more
important for driving overall performance
Digital transformation will happen despite our IT Business / IT relationships are key, and in many
companies they must be improved
Digital transformation approaches are different
for every industry and company
Digital leaders exhibit a common DNA
In our industry, we can wait and see how digital
develops
There are digital leaders outperforming their
peers in every industry today
18. CX IS THE BATTLEGROUND FOR
LOYALTY
+ 17%
Companies are investing billions in CX. And for good reason.
Companies that get CX right outperform their peers on a number of important dimensions, including:
+ 11%
CUSTOMER LOYALTY REVENUES
Source: Forrester Research, Inc., “Expectations vs. Experience: The Good, The Bad, The Opportunity”, 2016
19. • The CMO is often the owner of the customer
experience in organizations.
• You are in a powerful position to lead the
transformation.
• Since social media typically takes root in the
marketing team first, you often have the most
experience with it.
• But digital transformation can’t just be top
down. For it to really make an impact, your
entire team needs the training,
encouragement, and permission to connect
with your customers on social.
• That takes leadership.
19 http://bit.ly/2HxpD6J - Forbes Magazine – 10/2017
CMO and the
Customer
Experience
21. Some Significant Digital Marketing Trends
• New Products Roll in From the Brand Revolution - Consumers – via social
media have a seat at your marketing table
• A.I. Solutions Point to a Brave New World
• “Instant” Speeds up as the New Normal for Gen Z - baseline expectation
• Niche Curation Sorts Information Overload – who do you trust?
• Mobile Devices Forge On-the-Go Consumerism
• Social Influencers Diversify, Specialize, and Grow Exponentially
• Influencer Marketing as a Fundamental Brand Strategy – How? Define?
• Consumer Resentment of Intrusive Marketing Deepens
• Consumer Tethering to Mobile Devices Tightens
• Words Prove So Overrated: The Year When Images and Videos Rule
21 http://bit.ly/2JJByiy - Forbes 1/2017
22. General Tips and Tactics
• Understand Customer Behavior
• Personalize the Customer Experience
• Marketers must pivot away from segmentation. A move towards
individualization is needed to become more targeted and relevant.
• One way you can deliver a consistent, cross-channel experience to your
buyers is to integrate personalization capabilities into the primary
channels they access, such as your website—the hub of your marketing
activities.
• Engage With Customers to Build Lifelong relationships
• Omnichannel Marketing
• Web 3.0 (or Modern Web Experiences)
https://blog.marketo.com/2016/06/cmo-spotlight-3-trends-that-will-drive-digital-transformation.html
23. 7 Key Steps to Transformation
1. Create and Socialize a Shared Company Vision Among C-level
Stakeholders
2. Establish a Steering Committee
3. Partner with a Technology Provider That Understands and Supports Your
Overall Business Objectives
4. Carefully and Completely Assess Your Company’s Operations to Develop
an Unvarnished Picture of Strengths, Gaps and Opportunities
5. Conduct a Value Workshop to Secure Buy-in and Evaluate Potential Gains
Against the Picture Developed in Step #4
6. Develop and Socialize a Comprehensive Plan and Schedule
7. Establish an Infrastructure for Change Management and Inter-Company
Communication
23 http://bit.ly/2JIwR8s - Rockwell Automation Case Study
25. Multi Channel vs. Omni Channel
25
“Most marketers currently tend to use "multichannel" and
"omnichannel" interchangeably. ... The difference, is that while
multichannel tends to be based on an inside-out approach,
omnichannel is more outside in, a consideration of the customer
experience from his perspective.
http://www.econtentmag.com/Articles/Editorial/Feature/Multichannel-vs-Omnichannel-Marketing-Is-There-a-Difference-and-What-Does-It-
Mean-to-You-102361.htm
28. Web 3.0 or Semantic Web
Semantic Web
The semantic web improves web technologies in order to generate, share and connect
content through search and analysis based on the ability to understand the meaning of
words, rather than on keywords or numbers.
Artificial Intelligence
Combining this capability with natural language processing, in Web 3.0, computers can
understand information like humans in order to provide faster and more relevant results.
They become more intelligent to satisfy the needs of users.
3D Graphics
The three dimensional design is being used extensively in websites and services in Web
3.0. Museum guides, computer games, ecommerce, geospatial contexts, etc. are all
examples that use 3D graphics.
Connectivity
With Web 3.0, information is more connected thanks to semantic metadata. As a result,
the user experience evolves to another level of connectivity that leverages all the available
information.
Ubiquity
Content is accessible by multiple applications, every device is connected to the web, the
services can be used everywhere.
http://www.expertsystem.com/web-3-0/
31. Web 3.0 or Semantic Web – Why is this Important
“In Web 3.0, while you are driving, you can simply ask
your automotive assistant a question (“I would like to
watch a romantic movie and eat Japanese food”). The
search engine embedded in the car assistant provides
you with a personalized response that takes into
account your location, suggesting the closest cinema
that matches your request and a good Japanese
restaurant by automatically consulting the reviews on
social media. Then it might even present a 3D menu
from the restaurant in the display.”
http://www.expertsystem.com/web-3-0/
32. Web 3.0 or Semantic Web – Why is this Important
• If the semantic web is successful, it will unleash an enormous wave of
information exchange between organizations and individuals,
empowering a new level of findability and knowledge sharing;
• For the semantic web to be successful, organizations must assign
responsibility for their participation in it to someone who will lead
and manage it — otherwise the semantic web devolves into semantic
soup;
• For someone to take responsibility, there’s going to have to be
incentive; in the commercial world, incentive translates most directly
into generating more business — which is inherently a function of
some form of findability and compelling knowledge sharing.
https://chiefmartec.com/2008/03/marketing-in-th/
33. Web 3.0 or Semantic Web – Why Is This Important?
•Hint: for generating new business in the non-semantic
web, findability = ads, PR, word of mouth, SEO, etc.;
knowledge sharing = feature sheets, pricing, case
studies, white papers, etc.
•Whose domain is that?
•Clue: It is not IT!
https://chiefmartec.com/2008/03/marketing-in-th/
34. Web 3.0 or Semantic Web – Why Is This Important?
•The answer to the riddle: marketing.
•If the semantic web could be harnessed to generate
more business — essentially be a new channel to the
market — then the marketing department can and
should step up to lead its adoption in the enterprise.
•Arguably, this will be necessary for the semantic web to
reach its full potential.
https://chiefmartec.com/2008/03/marketing-in-th/
35. Enterprise Fleet Management
Next Gen Analytics and Mobile Capabilities
Challenge
With a portfolio of over 300,000 vehicles, 55 offices nationwide and $1B+ annual
revenue, Enterprise Fleet Management (EFM) had a desire to transform their
business offerings by providing a customer facing portal that would provide
advanced insight into fleet performance and key metrics; thus enabling
customers to maximize the value of their fleet and lower their total cost of
ownership.
Solution
Sense Corp partnered with EFM to deliver a data analytics roadmap that began
with reporting and analytical capabilities well beyond those of any competitor.
From building the analytics platform to architecting downstream integrations,
Sense Corp extended and exposed insights for EFM’s customers. EFM has
continued to now partner with Sense Corp to produce a mobile interface for
drivers – bringing the insights straight to the point of action.
Value
EFM and its customers are now able to more clearly monitor vehicle health and
maintenance schedules leading to the reduction of cost. EFM has been
recognized for its business and technology innovation on several occasions
through the multi-phased partnership with Sense Corp.
Extending analytics to the
customer through mobile.
Key Technologies
“Want to Manage Your Fleet on the Go?
Enterprise Fleet Management Has a New App for That”
37. Call to Action
• Business and Stakeholder Presentations
• Lunch and Learns
• Marketing Strategy Engagements
• Mobility Strategy Engagements
• Web Strategy Engagements
• Portals and Collaboration Strategy
• Website Redesign and Strategy