Digital Transformation of Businesses
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Digital Transformation of Businesses
A selection of documents, articles, papers, videos and other content for those interested in the transformation that is required when going 100% digital in an organization. I also try to highlight the impacts, both positives and negatives of that transformation. Like it? Please click "Recommend"
Curated by Farid Mheir
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The Doomsday Invention: a #longRead review & discussion on #AI and the book Superintelligence via @NewYorker 

The Doomsday Invention: a #longRead review & discussion on #AI and the book Superintelligence via @NewYorker  | Digital Transformation of Businesses | Scoop.it
Raffi Khatchadourian on Nick Bostrom, an Oxford philosopher who asks whether inventing artificial intelligence will bring us utopia or destruction.
Farid Mheir's insight:

Perfect Sunday morning reading which is guaranteed to make you reflect and ponder for the next weeks. The article is a typical New Yorker one, very well researched and written. So captivating that it got me to start reading the book which appears to be as captivating and surprisingly easy to read and understand. I love those finds and have the feeling this book will be the best complement to "Singularity is Near" and "On Intelligence" that I wrote about in the past.

 

- book "singularity is near": http://fmcs.digital/blog/singularity-is-near-an-essential-read-to-understand-why-technology-evolves-so-fast/ 

- book "on intelligence": http://fmcs.digital/blog/on-intelligence-mustread-to-understand-frontal-cortex-architecture-what-makes-us-intelligent/ 

- article "Why the future does not need us": http://fmcs.digital/blog/why-the-future-doesnt-need-us-a-reminder-that-ai-may-have-a-bad-side-via-wired/ 

- related posts: http://www.scoop.it/t/digital-transformation-of-businesses/?tag=Singularity+is+Near 

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prgnewshawaii's curator insight, January 15, 6:16 PM

Thanks to reporter Farid Mheir for this look at our immediate future.  "The New Yorker" article is utterly fascinating and scary. Will AI be a blessing or a curse?  I fear rapid change is coming and, as a species, we aren't prepared for its arrival.  If weren't not careful, machines with artificial intelligence will replace us.  Welcome to "West World", "Blade Runner", and "Terminator."

Russ Roberts 

Hawaii Intelligence Digest

https://hawaiiintelligencedigest.com

https://paper.li/f-1482109921

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In 2016 renewable energy became cheaper than coal & other Top 10 Tech Trends Transforming Humanity 

In 2016 renewable energy became cheaper than coal & other Top 10 Tech Trends Transforming Humanity  | Digital Transformation of Businesses | Scoop.it

2016 was an incredible year for technology, and for humanity. Despite all the negative political-related news, there were 10 tech trends this year that positively transformed humanity.

For this “2017 Kick-Off” blog, I reviewed 52 weeks of science and technology breakthroughs, and categorized them into the top 10 tech trends changing our world.

I’m blown away by how palpable the feeling of exponential change has become.

I’m also certain that 99.999% of humanity doesn’t understand or appreciate the ramifications of what is coming.

In this blog, enjoy the top 10 tech trends of the past 12 months and why they are important to you.

Farid Mheir's insight:

I am not a big fan of trends and yearly predictions as a glimpse into the future. However, I like them because they provide a good state of the nation - a condensed picture of where we are and what are hot topics. 

 

This review is of particular value in that respect and I especially like #2 where author states "2016 was the year solar and renewable energy became cheaper than coal" because it goes against what we often hear, yet confirms something we expect will happen as it has been predicted for such a long time.

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prgnewshawaii's curator insight, January 11, 12:34 AM

Thanks to reporter Farid Mheir for this analysis of the top technology trends of 2016. Of all the trends explored, the growing competitiveness of solar and other alternative energy sources has the best chance of becoming reality.  In many places, solar energy is now cost competitive with fossil-fueled power plants. Anything we can do to free ourselves from dependence on fossil fuels should be welcomed.

Russ Roberts

Hawaii Intelligence Digest

https://hawaiiintelligencedigest.com

https://paper.li/f-1482109921

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Is BabyTech the natural entry point for personal digitization? via @ces @lapresse

Is BabyTech the natural entry point for personal digitization? via @ces @lapresse | Digital Transformation of Businesses | Scoop.it

Technology for baby monitoring, wellness improvement and other activity tracking has seen a huge number of new products at the CES show in 2017. Here is the list of finalist for best BabyTech of the show.

Farid Mheir's insight:

Babies are inherently fragile and require attention. It is natural for parents to want to monitor and stay connected with them. Technology is the most natural way to provide solutions for parents that increasingly want to stay connected even when they are away. This has become a huge area for developments and improvements, as evidenced by the large number of startups at CES this year. Must watch for the future.

 

Also read in french: 

CES la mdoe du tout connecté pour bébés au CES 2017

http://www.lapresse.ca/techno/201701/09/01-5057758-ces-la-mode-du-tout-connecte-pour-bebe.php 

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5 Steps To Success In Digital Transformation

5 Steps To Success In Digital Transformation | Digital Transformation of Businesses | Scoop.it

There are some areas where a majority of companies seem to be on the right track:

  • Make transformation a top strategic priority. 
  • Business outcomes need to drive digital transformation. 

At the same time, there are also issues companies still grapple with and need to resolve:

  • The potential of data and analytics is not fully utilized yet. 
  • An enterprise-wide approach to DX needs to be adopted.
  • Companies need to learn how best to marry technology with human resources.
Farid Mheir's insight:

Always good to get reminded about the need for top level support and global participation of siloed departments.

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51 #startups that are disrupting #enterprise with new digital solutions 

51 #startups that are disrupting #enterprise with new digital solutions  | Digital Transformation of Businesses | Scoop.it

All of these companies are "enterprise" startups, meaning they specialize in making tech for work and business use, which is a $3.4 trillion worldwide market.

Farid Mheir's insight:

Always useful to look at startups to see a glimpse of the future: what is hot, what is up-coming, what is challenging, and also what can be done.

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Fjord Trends 2017

Fjord Trends 2017 | Digital Transformation of Businesses | Scoop.it

Fjord's 2017 Trends 

 

  • EPHEMERAL STORIES: Where next, now that everyone's a storyteller? It is time for brands to give their audience the space to shape their own story.

  • SHINY API PEOPLE: Rewiring for innovation. Breaking down silos to create fertile ground for organization-wide innovation.

  • BLURRED REALITY: As Mixed Reality moves towards the mainstream, let's turn away from single reality experiences to focus on harnessing and combining all types of reality.

  • WORLD ON WHEELS: The focus is now on the car as a connected mobile environment in which things happen via multiple devices.

  • HOMES WITHOUT BOUNDARIES: From the smart home to the helpful home, with services built around and for humans rather than technology and objects.

  • HOURGLASS BRANDS: Don't get stuck in the middle! With a polarized brand landscape, brands sitting in the squeezed middle will need to optimize their strategies in order to survive.

  • ME, MYSELF AND A.I.: Humanizing chatbots, emotional intelligence (EQ) becomes a critical A.I. differentiator.

  • UNINTENDED CONSEQUENCES: Organizations should start to think about social experiences to guard against unintended consequences of their activities.

 

Farid Mheir's insight:

WHY THIS IS IMPORTANT

Xmas break is just around the corner and we all need something to read so why not predictions, if only to make sure we did not miss any.

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tavaresandro's curator insight, December 20, 2016 10:26 AM

WHY THIS IS IMPORTANT

Xmas break is just around the corner and we all need something to read so why not predictions, if only to make sure we did not miss any.

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The State of Technology at the End of 2016 via @stratechery @gnat 

The State of Technology at the End of 2016 via @stratechery @gnat  | Digital Transformation of Businesses | Scoop.it
This transformation echoes the impact of Facebook on the media: there is a dramatic leveling of the playing field. The advantages of scale that guaranteed success in the post-war era just don’t matter very much when advertising is cheap, shelf space is infinite, and shipping is free. And, just as Facebook’s breakdown of the media broke down the political parties, Amazon’s break-down of physical retail will have its own knock-on effects: carrying household supplies is a major reason to own a car, for example, which means Amazon is a laying the foundation for a service like Uber to shift from being a car supplement to a full-on substitution.
Farid Mheir's insight:

A discussion on the impact that technology innovation has had on the election of Trump and more disruption to come from Amazon. 

 

WHY THIS IS IMPORTANT

The author presents compelling arguments about reasons why technology innovation has had such an impact and forces us to rethink most business models. Moreover the analysis of Trump's election as evidence that the power has shifted from editors and political parties to voters and end users is just brilliant and I will certainly use it in the future!

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prgnewshawaii's curator insight, December 16, 2016 12:16 PM

Thanks to reporter Farid Mheir for this fascinating analysis of how digital technology has put socio-economic change in the hands or of ordinary citizens.  The election of Donald Trump is a tribute to media-savvy experts who tapped the "hidden" fears and concerns of voters and turned them into an unexpected win for the boisterous Republican candidate.  The old rules of politics and economics are morphing into something entirely new.


Russ Roberts


Hawaii Intelligence Digest


https://hawaiiintelligencedigest.com

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Grocery is very price sensitive confirms YouGov survey on #Amazon Go: Price, not speed, is more important

Grocery is very price sensitive confirms YouGov survey on #Amazon Go: Price, not speed, is more important | Digital Transformation of Businesses | Scoop.it
New research shows that 66% of US adults aren't willing to pay more for groceries, even if it means skipping the checkout line
Farid Mheir's insight:

WHY THIS IS IMPORTANT

Amazon GO is pushing the boundaries of retail store technology by bringing together multiple innovations to reduce time it takes to shop by removing cash register and checkout counters. This is very useful in certain industry but it is good to remember the reality of grocery shopping: you do this every week and allocate a large portion of your budget to food. Thus price is very important, especially when you have families and limited budget. It does not mean Amazon GO will fail but that it may not be appropriate in every segment of the retail industry.

 

Chart by Statista and BI: http://www.businessinsider.com/amazon-go-consumer-doubt-survey-chart-2016-12 

 

Also read more on Amazon GO: http://fmcs.digital/?s=amazon+go 

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Aicha Kheloufi's curator insight, December 16, 2016 6:48 AM
Ce que pensent les clients #amazongo
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How Amazon Go will work: a review of what we know and don't know after 7 days via @o_laborne 

How Amazon Go will work: a review of what we know and don't know after 7 days via @o_laborne  | Digital Transformation of Businesses | Scoop.it

A motion graphic showing how Amazon’s new shopping experience Amazon Go will work. Simply scan in, take what you want and “Go”.

Farid Mheir's insight:

Below are some articles that describe AmazonGO technology in more detail, including a video animation. As you can see, we know very little and everyone is guessing at this time based on patent filing and an article from a consultant now hired by Amazon.

 

Various other articles:

 

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VoloMetrix software taps digital exhaust to improve sales force performance via @hbr

VoloMetrix software taps digital exhaust to improve sales force performance via @hbr | Digital Transformation of Businesses | Scoop.it

Now a new breed of software applications is reshaping sales force management. Their common characteristic: Using digital data exhaust, which is the data generated from the regular activities of a sales force or their customers, to change the behaviour of frontline sales representatives in ways that dramatically improve sales productivity and effectiveness.

Farid Mheir's insight:

WHY THIS IS IMPORTANT

Daily activities leave digital traces that can be leveraged to improve processes and deliver value in organizations. We often overlook this data in organizations but we should realize that companies such as Facebook, Google, Apple and others have invested huge amounts of efforts to dig into the data exhaust of our digital and physical world activities in order to extract, infer, predict our tastes and behaviour. If it works for them, it should work for us as well, no?

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Farming 4.0 and Precision Agriculture: The future of agriculture in Europe via @competia

Farming 4.0 and Precision Agriculture: The future of agriculture in Europe via @competia | Digital Transformation of Businesses | Scoop.it

Rising demand for bigger yields and higher environmental protection has put pressure on the agricultural sector to “produce more with less”. Smart farming or “farming 4.0.” could hold the key.

In Europe, Precision Agriculture (PA) and the integration of digital technology are set to become the most influential trends in the sector, as a growing number of farmers start to adopt digital technologies to run their businesses.

According to the machinery industry in Europe, 70 to 80% of new farm equipment sold now has some form of PA component technology inside. There are 4,500 manufacturers, producing 450 different machine types with an annual turnover of €26 billion. The sector also employs 135,000 people.

 

Farid Mheir's insight:

I don't write about agriculture very often although it is very close to my heart as I was a gentlemen farmer in my teenage years.

 

WHY THIS IS IMPORTANT

Agriculture accounts for only 2% of workforce but 100% of the planet depends on it for its survival. Disrupting agriculture with digital technology may have the impact that genetic manipulations and fertilizers, with much less side effects. Moreover, digital agriculture transforms the lives of farmers themselves, turning them more into information workers surrounded by big data and robots than manure shovels and sunburns. And that is a good thing.

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Jacob Bargeron's curator insight, January 10, 1:04 PM

The demand for agricultural produce is rising and a good start to increasing the production of crops is precision agriculture. Precision agriculture could increase the amount of production, decrease the amount of crop damage, and use less fuels to plant and harvest the crops. I think Europeans should do this type of agriculture so they can export more produce and grow even more economically. If more Europeans did practice precision agriculture, there could be a growth in food production to export and potentially gain more money.

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#Amazon Go: no registers, no cash, no lines - #retail store #digital #transformation huge leap forward

#Amazon Go: no registers, no cash, no lines - #retail store #digital #transformation huge leap forward | Digital Transformation of Businesses | Scoop.it
Amazon Go is a new kind of store featuring the world’s most advanced shopping technology. No lines, no checkout – just grab and go! Watch the video: amazon.com/go
Farid Mheir's insight:

Take a minute to watch the video. This is the future of retailing.

 

WHY THIS IS IMPORTANT

Amazon has disrupted many industries with its online business. Recently, as other digital leaders have done, Amazon is trying to bring digital revolution in the world to blend our physical and digital experiences - think Google self driving cars, Starbuck mobile phone payment and geofencing app, Apple stores that are more showrooms and help centres than stores because eCommerce is there to fulfill orders to your door, etc.

Amazon has been focussed on grocery for the past 10 years to use this weekly recurring, low cost, high volume shopping trip to the supermarket as its pathway to bring digital into the real world and blend it with online e-commerce.

With Amazon Fresh for examples they have been busy putting trucks on the road to deliver groceries to your door overnight with minimal costs. Why grocery? Because its high volume guarantees that trucks will be on the road everyday in all areas. And once trucks are running around carrying groceries they can also bring other items - books, TVs, etc. - at little or no cost, effectively making FedEx irrelevant or at least giving Amazon huge negotiation power.

I wrote about this in many blog posts, just see here: http://www.scoop.it/t/digital-transformation-of-businesses?q=amazon 

Here with Amazon GO, it addresses some of the major pain points of customers in grocery stores: waiting in line at the cash register. As they've done online, Amazon focusses on its customer issues to smash them or make them so irrelevant that they are not issues anymore. See "amazon secret sauce" for insights on this: http://sco.lt/979c4P

Take Amazon Prime for example. It addresses the delivery fee issue: we do not want to have to pay for delivery. So they make it a non issue, providing 2-day delivery for free for an annual fee. Side effect: if you've paid for prime, then you spend up to 5x more at Amazon (300$ annually for average client, 1500$ for prime member), basically becoming a loyal shopper. Wow.

Back to Amazon GO and why it is important. The grocery industry has not seen a major disruption since Costco started top sell grocery in bulk format years ago - grocers ost 10% market share with that new player in the field. But today, grocery stores are the same, the layout is the same, the process is the same than it was 50 years ago. There has been little or no innovation in stores recently (last one may be the barcode in 1970s) but GO shows that there may be a perfect storm of technologies that combine to make physical stores transformation a reality:

1- mobile phones are on every customer back pocket;

2- electronic payment is everywhere, making cash almost irrelevant;

3- loyalty programs and big data allows retailers unprecedented customer knowledge and forecasting trends;

4- artificial intelligence enables real-time image analysis, feature detection, and robotic improvements.

From the concept store video and the Amazon description, all that GO is doing is applying these new technologies on a new problem set: adding and removing items to shopping basket and speeding the checkout process.

Of course, at the end of the day, the winner will not be the grocer with the best technology. It will be the one with the lowest prices and the best selection (best marketing and customer service won't hurt either). On those fronts (price & selection) Amazon GO faces huge headwinds from established grocers that have long standing relationships with suppliers and way more volume than Amazon. But it does not mean Amazon cannot provide customers with a more enjoyable, easy, fast experience - especially to millennials - which may give GO 5% or 10% of the market (the "good" 5% by the way, those that spend more and spend on higher margin items) from established retailers. And this will hurt established grocers like hell.

 

Also see the analysis from business insider here: http://www.businessinsider.com/amazon-go-grocery-store-future-photos-video-2016-12/ 

 

and the plans for Amazon to open up to 2000 store in the future if GO concept works: http://www.businessinsider.com/amazon-2000-grocery-stores-10-years-2016-10

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Flores Marisol's curator insight, December 7, 2016 9:04 AM
Wow! Now that would be nice! No standing in lines!
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How I Burned 10 Million Dollars So You Don’t Have To.

How I Burned 10 Million Dollars So You Don’t Have To. | Digital Transformation of Businesses | Scoop.it

How I Burned 10 Million Dollars So You Don’t Have To.
(An Education in Humility, Humanity, and Leadership).

In February, my startup (Twenty20) employed 35 people. We had a board-approved plan to scale to 85 by the end of the year. As of July, we were at 55, and well on our way. Now, four months later, our team size is 12.

Farid Mheir's insight:

WHY THIS IS IMPORTANT

I love those stories because they are real-life, pragmatic, and reflect the reality of startups. Should be true not only for startups but intrapreneurs and small groups that burst into life in larger organizations. Lesson to learn: don't grow until you know your business model. Also: self-service is good. Must read to give you confidence, hope and also scare you a little.

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The jobs of the future report stresses 2 two skills you need & human impacts to consider via @weforum

The jobs of the future report stresses 2 two skills you need & human impacts to consider via @weforum | Digital Transformation of Businesses | Scoop.it

Maths ability will get you furthest, says Harvard's Davis Deming. As long as you've got the social skills to go with it.

Could a robot do your job? Millions of people who didn’t see automation coming will soon find out the painful way. The answer is a resounding yes. The World Economic Forum’s Future of Jobs study predicts that 5 million jobs will be lost before 2020 as artificial intelligence, robotics, nanotechnology and other socio-economic factors replace the need for human workers.

Farid Mheir's insight:

One important stat from The Future of Jobs report is that the top trend that will drive change in work is new technology and innovation.

 

WHY THIS IS IMPORTANT

All jobs will be affected by technology and thus every good digital transformation should include the human disruption and its impact on current and future employees. Too often, we implement digital change and fail to consider people impact.

Look at UBER taxis: their model is to plow ahead and disrupt the market but they have failed to accompany the taxi drivers that are impacted. Because of it they are facing huge head winds from governments and established corporations.

On the other hand, Teo Taxi (Montreal-based) has recognized the people impact and embraced human transformation of the cab drivers which results in much better relationships and less confrontation. Same technology, same process, different human approach.

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Gonzalo Moreno's curator insight, December 9, 2016 5:06 AM
TASK Management vs. PEOPLE Management, a superclassic...
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Software Helps Police Departments Transform to #digital & Keep Cops On The Street via @forbes

Software Helps Police Departments Transform to #digital & Keep Cops On The Street via @forbes | Digital Transformation of Businesses | Scoop.it

Scott Crouch and his college buddies built Mark43 to help police do their job more efficiently and effectively.

Farid Mheir's insight:

WHY THIS IS IMPORTANT

Every industry is being transformed by digital, even those that were not so long ago considered off limit. Great example, the police force, which have systems that date from another era, can now benefit from cheap communication, cloud services, big data and analytics services to deliver mobile police insight and tools using everyday mobile phones and tablets.

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How #Construction industry is being disrupted by digital via @forbes

How #Construction industry is being disrupted by digital via @forbes | Digital Transformation of Businesses | Scoop.it
Tooey Courtemanche started construction-management software firm Procore Technologies before the recession hit, then rode it out while competitors went by the wayside. Today, he's in the sweet spot as Procore expects $55 million in revenues this year.
Farid Mheir's insight:

WHY THIS IS IMPORTANT

Every industry is being transformed by digital, even those that were not so long ago considered off limit. Great example, construction industry, as every small contractor now has a cell phone and good data plan to connect to the cloud. New solutions are popping to take over this opportunity to transform an industry: sharing plans and project evolution with clients, tracking budget in real-time with feeds from material suppliers and even real-time decision making on the construction site. Opportunities are endless...

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We Need a Better Way to #Visualize People’s #Skills via @hbr

We Need a Better Way to #Visualize People’s #Skills via @hbr | Digital Transformation of Businesses | Scoop.it
The “competency grid” is a promising new tool.

By 2020, the US economy is expected to create 55 million job openings: 24 million of these will be entirely new positions. And 48 percent of the new jobs, according to Georgetown’s Center on Education and the Workforce, will emphasize a mix of hard and soft intellectual skills, like active listening, leadership, communication, analytics, and administration competencies.

Farid Mheir's insight:

A review of the most in-demand skills and the way to visualize them to more clearly identify and rate potential new hires.

 

WHY THIS IS IMPORTANT

The article shows the gitHub contribution profile in the chart clearly shows that Alex is a more constant contributor than Dana and that he may have better skills for a computer programming job. what if if was possible to "visualize" the skills of your employees and prospects based on data and metric such as this one? We would then be in a better position to hire and promote the right individuals based on their true skillset and unbiased data.

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Bourgade's curator insight, November 22, 2016 2:57 AM

A review of the most in-demand skills and the way to visualize them to more clearly identify and rate potential new hires.

 

WHY THIS IS IMPORTANT

The article shows the gitHub contribution profile in the chart clearly shows that Alex is a more constant contributor than Dana and that he may have better skills for a computer programming job. what if if was possible to "visualize" the skills of your employees and prospects based on data and metric such as this one? We would then be in a better position to hire and promote the right individuals based on their true skillset and unbiased data.

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Users #Computer #Skills is Worse Than You Think: only 33% of population has high or medium via @shufflepath

Users #Computer #Skills is Worse Than You Think: only 33% of population has high or medium via @shufflepath | Digital Transformation of Businesses | Scoop.it
Across 33 rich countries, only 5% of the population has high computer-related abilities, and only a third of people can complete medium-complexity tasks.
Farid Mheir's insight:

A study of 250K people over 2011-2015 timeframe across 33 countries in OECD shows that most users can barely operate their computer of mobile phone.

 

WHY THIS IS IMPORTANT

Digital transformation strategies and roadmap often fail to allocate sufficient effort/budget/time/resources to accompany employees and users with the proper change management. This study shows why: most people don't know how to perform simple computer tasks. Put them in front of a new software or technology and they will fail, or even worse, they will discredit the solution so as not to show their inability. Accompany them and recognize that they need help and they will succeed in their transition. And you will succeed in your digital transformation.

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gatherhazards's comment, November 16, 2016 9:41 PM
good
John Mark's comment, November 17, 2016 9:20 AM
How To Hp Printer Problems.....?https://printertechnicalsupportphone.wordpress.com/2016/11/17/how-to-solve-hp-printer-problems/
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Inside the digital boardroom: are digital skills and competences must-have or nice-to-have?

Inside the digital boardroom: are digital skills and competences must-have or nice-to-have? | Digital Transformation of Businesses | Scoop.it

The dawning of the digital era is the latest in a long series of innovation-led disruptions, and, as with past disruptions, it is the board’s responsibility to decide which skills and competencies to add in response, and how best to do so.

Farid Mheir's insight:

Heidrick & Struggles provides some insight on how to best determine if digital skills are required in the boardroom. In particular they raise the important of digital advisory boards.

 

WHY THIS IS IMPORTANT

Digital and technology transformation should be part of every board member checklist as the digital transformation requires support at the highest level.

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Facebook DID influence the #Elections via @Mike_K_Spencer

Facebook DID influence the #Elections via @Mike_K_Spencer | Digital Transformation of Businesses | Scoop.it

It's hard to imagine, just twelve years ago, that the media would have been reduced to Facebook, degenerated into what we have today.

Farid Mheir's insight:

An interesting overview of the impact that social media, Facebook in particular may have had in the elections. Not sure if that is the case but for sure the world of media has evolved tremendously.

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SofiJukeMari's curator insight, November 13, 2016 1:52 PM
Share your insight
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2016 Study by @Deloitte @MIT says internal issues are biggest roadblocks to #digital #transformation

2016 Study by @Deloitte @MIT says internal issues are biggest roadblocks to #digital #transformation | Digital Transformation of Businesses | Scoop.it
Explore interactive charts from the 2016 MIT SMR/Deloitte Digital Business Study and find out how companies are aligning their people, processes, and culture to achieve long-term digital success. Personalized the data to see how your organization measures up.
Farid Mheir's insight:

Follow the links for a detailed report on this study.

 

WHY IS THIS IMPORTANT

People don't want to change. I see this every day with technology projects. Digital transformation is not different.

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Abel Linares's curator insight, November 6, 2016 2:05 PM
2016 #Digital #Business Study by MIT Sloan & Deloitte.

70% Say their organization needs a new or different talent base to compete in the digital economy.

Only 51% leaders and 44% employees have knowledge and ability to lead digital strategy.

Digitally maturing companies embrace digital strategies that are
clear, integrated into the broader company strategy, and forward looking.
Jean-Marie Grange's curator insight, November 7, 2016 10:46 AM
You need to align your people and your culture, because the main roadblock to digital transformation is internal!
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Tesla brings self-driving hardware to its entire fleet: see the #video for a glimpse into the future of "driving"

Tesla brings self-driving hardware to its entire fleet: see the #video for a glimpse into the future of "driving" | Digital Transformation of Businesses | Scoop.it

Tesla announced that beginning today, all the cars it builds will have the necessary hardware to drive completely on their own if the owner decides they want to enable the option. The full self-driving hardware suite will cost an additional $8,000.

Farid Mheir's insight:

1- First, look at the video at the end of the article.

 

2- Then, read the article to understand what Tesla is doing

 

3- Then, listen to this other video to understand that self-driving will be part of every new Tesla vehicle but will operate in "shadow mode".

https://www.wired.com/video/2016/10/nasa-s-pumpkin-carving-contest/ 

New Teslas will be self-driving and comparing their driving to what the human drivers did (and presumably learning from them). They will collect huge amounts of data, which will demonstrate that self-driving is safer than human driving.

 

4- Then, dive into this more complete description of the technology. 

https://www.wired.com/2016/10/teslas-self-driving-car-plan-seems-insane-just-might-work/ 

 

5- Then, look into this video of a self-driving delivery 18-wheeler that drove 200 miles without human intervention.

https://www.wired.com/2016/10/ubers-self-driving-truck-makes-first-delivery-50000-beers/

 

6- Realize this is not fiction but 2016 reality.

 

WHY THIS IS IMPORTANT

Self driving must find its way into every major corporation strategic plan. It will impact how retailers receive their products from factories and distribution centers. It will make eCommerce easier with lower cost delivery (which still accounts for 15 to 25% of the online total) and will enable same-day delivery. It will transform travel between large cities, and school bus for our kids. It will change the way ships carry their loads.

Self-driving will create a shockwave in human resources department and unions, which will fear the replacement of human drivers by machines. It will require appropriate communication, retraining, and investments to ensure a smooth transition into the new reality.

Don't worry this will not affect your 2017 bottom line. It won't even affect 2020's bottom line. So if you manage with a short term vision, life is good, stay the course, and forget everything I just said.

 

Others, call me!

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Who Owns Digital Transformation? According To A New Survey, It's Not The CIO

Who Owns Digital Transformation? According To A New Survey, It's Not The CIO | Digital Transformation of Businesses | Scoop.it
Digital transformation is one of those terms that seems to mean, well, everything. That's because different groups within organizations are investing in innovative technologies to modernize business operations. Whether it's IT, marketing, CX, HR, service and support, etc., each group, in their own right, is investing in advancement. It's not [...]
Farid Mheir's insight:

Another data point that shows CIOs and technology teams are not able to carry the digital transformation in organizations.

 

WHY IS THIS IMPORTANT

Digital transformation is more profound than simply installing new technology or tools. What this recent survey shows is that it often is customer-focussed, which leads the marketing team to carry the ball forward. Because the digital transformation *also* implies new technologies, we see tension between CIOs and CMOs, which often lead to internal struggles, duplication of effort and sometimes the creation of the CDO role to sit between the 2.

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El Monóculo's curator insight, November 6, 2016 7:01 AM

Another data point that shows CIOs and technology teams are not able to carry the digital transformation in organizations.

 

WHY IS THIS IMPORTANT

Digital transformation is more profound than simply installing new technology or tools. What this recent survey shows is that it often is customer-focussed, which leads the marketing team to carry the ball forward. Because the digital transformation *also* implies new technologies, we see tension between CIOs and CMOs, which often lead to internal struggles, duplication of effort and sometimes the creation of the CDO role to sit between the 2.

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What is IT's role in digital transformation?

What is IT's role in digital transformation? | Digital Transformation of Businesses | Scoop.it
Digital technology is revolutionising business but the role that IT departments play in digital transformation is not clear.
Farid Mheir's insight:

A survey of 812 senior executives continues to show that companies expect IT and the CIO to drive the digital transformation but that IT department are not ready or equipped to lead the way. Been like that for a long time. Sad.

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Jean-Marie Grange's curator insight, October 28, 2016 9:58 AM
OK, this study is sponsored by SAP, so it is IT centric, but it is intersting to read that collaboration between all the departments (IT and non-IT) is seen as a key success factor in digital initiatives. Very true, but not always easy to implement...
Robert McKenzie's curator insight, October 28, 2016 10:24 PM
The 'theme' of who should lead and who should coordinate is becoming a common challenge. This plays out in big data and analytics , innovation, digital transformation and is really an issue of coordination and governance
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A #startup expriment in #transparency shares reasons, financial details and nextsteps when laying off 10 people

A #startup expriment in #transparency shares reasons, financial details and nextsteps when laying off 10 people | Digital Transformation of Businesses | Scoop.it
Some tough news: Buffer has made 10 layoffs, 11% of the team. We want to share openly how we got here, the financial details and how we’re moving forward.
Farid Mheir's insight:

A great read on how digital economy startups are doing things differently by sharing everything from revenues to salaries to how they are hiring and firing people. A great source of inspiration for anyone that ever had a startup and needed to take tough decisions.

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Curated by Farid Mheir
Digital transformation technology consultant and Enterprise Architect. Works with business executives in the fields of eCommerce, Cloud, Web2.0, enterprise2.0, sourcing2.0