FUTURE of INNOVATION
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Digital Transformation Requires a New Way of Thinking and Working

Digital Transformation Requires a New Way of Thinking and Working | FUTURE of INNOVATION | Scoop.it

It is evident that today’s energy companies will have to turn their businesses towards a data-driven business to survive.

FRANK FEATHER ~ Business Futurist's insight:

Most companies don't get it yet, but digital transformation needs a digital culture to succeed, driven from the top.

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FUTURE of INNOVATION
DIGI-TRANSFORM and BUSINESS Re-INVENTION
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Restructured Digital C-Suite: Future of CMO, CCO, CIO, CDO

Restructured Digital C-Suite: Future of CMO, CCO, CIO, CDO | FUTURE of INNOVATION | Scoop.it

I've noticed lately what appears to be an emerging trend in marketing and communications leadership in some large companies.

FRANK FEATHER ~ Business Futurist's insight:

Another excellent article by Dion Hinchcliffe, proposing the merger of CMO and COO, and CIO and CDO. Personally, I would go further. Digitization will bring singularity in the C-Suite. As such, I suggest all silos be eliminated and the roles converged into a Digi-Transform Team under the CEO, with the members playing multiple roles across the enterprise, driven by customer focus.

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Digi-Transform: Multi-Medium is the Message

Digi-Transform: Multi-Medium is the Message | FUTURE of INNOVATION | Scoop.it

The future of the Digital Revolution needs to be put into perspective, because its roots go back centuries. In truth, of course, "there is nothing new under the sun". Merely the medium of digitization has changed.

FRANK FEATHER ~ Business Futurist's insight:

To understand and forecast the Digital Revolution, you must first understand its context, described here.

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Digital Priorities for CIO - Digi-Biz Stack

Digital Priorities for CIO - Digi-Biz Stack | FUTURE of INNOVATION | Scoop.it

In an era of fast change, disruptive tech, and too many priorities, what will the CIO really need to focus on this year to deliver combined technical and business leadership that will guide their organizations into the future?

FRANK FEATHER ~ Business Futurist's insight:

Another brilliant article from Dion Hinchcliffe on digital transformation. However, I disagree that this should be loaded on the CIO. Rather the CEO and the Board of Directors should be driving this, with CIO as one member of a digital C-Level team. I will be writing some posts about all this on LinkedIn soon, starting with the Board of Directors.

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Ian Harris's curator insight, April 20, 6:50 PM

A net framework you might find useful.

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Wearables for Healthcare Taking Off

Wearables for Healthcare Taking Off | FUTURE of INNOVATION | Scoop.it

The wearables industry is going to get (no pun intended) a shot in the arm from the healthcare business. Research firm Tractica predicts that by 2021, healthcare wearables will bring in $17.8 billion in annual revenue.

FRANK FEATHER ~ Business Futurist's insight:

Waearables for healthcare applications (not just fitness) will soar cloase to $20 billion a year within 5 years.

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Path to Self-Disruption: 9 Steps of Digital Transformation

Path to Self-Disruption: 9 Steps of Digital Transformation | FUTURE of INNOVATION | Scoop.it

Digital disruption is a top-of-mind issue in the C-suites of every industry.

FRANK FEATHER ~ Business Futurist's insight:

Disruption does not occur overnight. It requires a deliberate but aggressivlet pursued strategic plan of action.

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Startups are Transforming the Life Insurance Industry

Startups are Transforming the Life Insurance Industry | FUTURE of INNOVATION | Scoop.it
The life insurance industry is suffering from a dying (literally) distribution model, complex products and a flawed purchase funnel. New entrants can
FRANK FEATHER ~ Business Futurist's insight:

As I told the Insurance Industry in a keynote address at their annual convention about a dozen years ago, they would either have to digitize or die. Some shuddered, but most of them shrugged. Now they face a massive industry collapse if they do not digital transform.

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Why Boards of Directors Need a Digital Leader

Why Boards of Directors Need a Digital Leader | FUTURE of INNOVATION | Scoop.it
THOMAS H. DAVENPORT: Find an experienced digitizer and add that person to the board of directors.
FRANK FEATHER ~ Business Futurist's insight:

I have long advocated the establishment of an Internet Strategy Committee on the Board of Directors. Every organization needs a digital focus, or all else will frankly prove in vain.

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Ian Harris's curator insight, April 20, 6:54 PM

Hear! Hear! Is there a digital leader on your management team?

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Digital Transformation impacting Customer journey

Digital Transformation impacting Customer journey | FUTURE of INNOVATION | Scoop.it
Digital transformation is omnipresent. It has already been changing our behavior as human beings.
More than ever, Customer expectations matter.  Don't like t…
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How Digi-Transform Influences the Customer Journey.

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Ian Harris's curator insight, April 20, 6:52 PM

The customer journey is being transformed.

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Digi-Transform of Business Culture

Digi-Transform of Business Culture | FUTURE of INNOVATION | Scoop.it
FRANK FEATHER ~ Business Futurist's insight:

Digi-Transform of Business Culture (Infographic with explanation from Brian Solis)

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Archana's curator insight, March 30, 7:28 AM

The 7 Success Factors of Social Business Strategy

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Digi-Transform of Healthcare with Wearables

Digi-Transform of Healthcare with Wearables | FUTURE of INNOVATION | Scoop.it

An engineering executive from a wearable cardiac monitoring company muses on the future of wearables and remote monitoring in healthcare. Arundhati Parmar Wearables and digital health technologies are spurring the remote monitoring of chronic...

FRANK FEATHER ~ Business Futurist's insight:

Wearable technology can transform healthcare costs by dramatically reducing costs.

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Digi-Transform Changes the Game in Chemicals

Digi-Transform Changes the Game in Chemicals | FUTURE of INNOVATION | Scoop.it

Chemical industry leaders face new challenges, as digital technologies transform our world and drive innovation at a breathtaking rate.

FRANK FEATHER ~ Business Futurist's insight:

Chemical Industry, like all others, must digi-transform itself or suffer the consequences.

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Pharma Companies Must Digi-Transform

Pharma Companies Must Digi-Transform | FUTURE of INNOVATION | Scoop.it

Companies with new technologies and approaches are entering healthcare, and challenging pharma's traditional dominance in the sector. Pharmaceutical companies will ...

FRANK FEATHER ~ Business Futurist's insight:

Digi-Transform could smash "pharmagopoly" pricing.

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4 Ways to Spark Transformative Innovation

4 Ways to Spark Transformative Innovation | FUTURE of INNOVATION | Scoop.it

Innovation drives everything. From science and technology to art, it is the essential element that pushes businesses into the future. But why does it seem like truly innovative companies are hard to find these days?

FRANK FEATHER ~ Business Futurist's insight:

Sustained Innovation requires bold, agile, flexible, and futuristic ways of thinking, often by bringing in external opionions and experts. Otherwise, if an organization becomes comfortable, it will fall behind competition and ultimately can wither and die.

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GE’s Digital Transformation into a Software Company

GE’s Digital Transformation into a Software Company | FUTURE of INNOVATION | Scoop.it

General Electric Co. is developing software operations in each of its business lines with the goal of building a $15 billion franchise under Chief Executive Officer Jeffrey Immelt’s plan to create a “digital industrial” company.

FRANK FEATHER ~ Business Futurist's insight:

GE is becoming a digital giant, a global cross-industry software company.

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More on Digi-Banking

More on Digi-Banking | FUTURE of INNOVATION | Scoop.it
Some high street banks have resisted change but an open banking standard is set to revolutionise how consumers manage their finances
FRANK FEATHER ~ Business Futurist's insight:

Another article on Digi-Banking

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Banking's Uber Moment: Digi-Banking

Banking's Uber Moment: Digi-Banking | FUTURE of INNOVATION | Scoop.it
Digital technology will change the banking industry in underdeveloped markets in ways that are truly revolutionary.
FRANK FEATHER ~ Business Futurist's insight:

Anything which can be digitized will be digitized. Banks are not in the money business. They are in the business of information about money. They are Digi-Banks. Banks which do not digi-transform, will be left behind and will wither and die.

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James D Johnson's curator insight, February 18, 10:24 AM

Banking could deliver breakthrough opportunities in the underdeveloped world.

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Communications Service Providers (CSPs) transforming into Digital Service Providers (DSPs)

Communications Service Providers (CSPs)  transforming into Digital Service Providers (DSPs) | FUTURE of INNOVATION | Scoop.it
CSG (NASDAQ:CSGS) announces the results of its global survey to understand how Communications Service Providers (CSPs) are transforming their business
FRANK FEATHER ~ Business Futurist's insight:

Communications Service Providers (CSPs) are rapidly transforming their business to become Digital Service Providers (DSPs) through several Digi-Transform initiatives.

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Cellphones Can Now Detect Earthquakes

Cellphones Can Now Detect Earthquakes | FUTURE of INNOVATION | Scoop.it
An app will test whether smartphones can retrieve earthquake shaking information quickly. Named MyShake, the app is available on Google Android phones
FRANK FEATHER ~ Business Futurist's insight:

MyShake is a free app for Android phones available at myshake.berkeley.edu . Using smartphone sensors, it detects movement caused by any earthquake. Anyone in the world can get the app.

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Carbon Disruption: Using Digi-Tech Innovation to Lower Emissions

Carbon Disruption: Using Digi-Tech Innovation to Lower Emissions | FUTURE of INNOVATION | Scoop.it
Accenture's Justin Keeble considers how companies can cut carbon and boost innovation by embracing digital,IT ,Emissions,smart grid,In-depth
FRANK FEATHER ~ Business Futurist's insight:

Very good article with clear examples of how various industrial sector companies can use dig-tech to transform their enterprise and reduce carbon emissions.

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The Way to a True End‑to‑End Digital Enterprise

The Way to a True End‑to‑End Digital Enterprise | FUTURE of INNOVATION | Scoop.it

Digital tools and technologies are propelling enterprises along the highway to transformative business value.

FRANK FEATHER ~ Business Futurist's insight:

Good article on digi-transform, though that stats are a little dated.

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Becoming a 'Next-Generation' Bank

Becoming a 'Next-Generation' Bank | FUTURE of INNOVATION | Scoop.it

It's time for banking to transform, redefine and reimagine outdated business models to enable success in a digital future.

FRANK FEATHER ~ Business Futurist's insight:

Good article, based on a report from IBM. However, it missed a fundamental point: Money is splintering into numerous digital forms. But the key for banks to understand is that they are not in the money business. They are in the business of information about money. And it is on that basis that they will sell and provide services if they are to succeed. In turn, banks must totally transform themselves into digital enterprises.

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Digi-Transforming the Trucking Industry

Digi-Transforming the Trucking Industry | FUTURE of INNOVATION | Scoop.it

The trucking industry aftermarket is being bombarded with technology, and that trend is not likely to go away any time soon, according to industry analyst Derek Kaufman.

FRANK FEATHER ~ Business Futurist's insight:

Short article about 7 key technologies transforming the trucking sector, especially embedded software and telematics.

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To Drive Digi-Transform, HR Must be Involved

To Drive Digi-Transform, HR Must be Involved | FUTURE of INNOVATION | Scoop.it

HR leaders need to embrace integrated, enterprise-level HR solutions that harness digital tech to simplify and accelerate data analytics and core processes.

FRANK FEATHER ~ Business Futurist's insight:

Digital transformation is so profound that often brand new skill sets are needed across the organization, at every level and in every function. HR has a crucial role to play or digi-transform will simply fail.

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Archana's curator insight, March 25, 9:34 AM

Digital transformation is so profound that often brand new skill sets are needed across the organization, at every level and in every function. HR has a crucial role to play or digi-transform will simply fail.

Jose Alberto's comment, March 27, 5:54 PM
So, should HR lead the digital transformation?
Pierre LANKRY's curator insight, March 30, 5:28 PM

Le DRH au coeur de la transformation

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Global Digital Transformation Spending to cross $2 billion in 2019

Global Digital Transformation Spending to cross $2 billion in 2019 | FUTURE of INNOVATION | Scoop.it

Global digital transformation spends to cross $2 billion in 2019: IDC - Global spending on digital transformation (DX) technologies is expected to cross $2.1 billion by 2019 as companies look at making better use of information related to...

FRANK FEATHER ~ Business Futurist's insight:

This forecast is far too conservative. Likely top $4 or $5-Bn in 2020 as all sectors strive to be digitally competitive.

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Digi-Transform 4-Stage Roadmap (my latest Blog)

Digi-Transform 4-Stage Roadmap (my latest Blog) | FUTURE of INNOVATION | Scoop.it

Digi-Transform Strategy must be very well planned, from design to execution. When advising the CEO, C-Suite, or Board about Digi-Transform Strategy, they expect a road map, showing processes and outcomes.

FRANK FEATHER ~ Business Futurist's insight:

With this Roadmap, you will achieve a future-proof and digi-transformed enterprise, having reinvented the business from end to end. More Info:  Frank.Feather@Gmail.com

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Curated by FRANK FEATHER ~ Business Futurist
Helping you Future-Proof and Digi-Transform your Business with Leading-Edge StratEDGY Solutions. C-Suite Consulting, Board Advisory, Interim-CEO, Board Member, Keynote Speaker. Special Advisor to China on Modernization. 30-year track record.