WHY IT MATTERS: Digital Transformation
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WHY IT MATTERS: Digital Transformation
Going digital in your business? I select the best posts and highlight the reasons why it matters. Like it? Click "recommend" + register to get the digest in your inbox: http://fmcs.digital/newsletter-signup/
Curated by Farid Mheir
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10 urgent actions to take #today to remain in control of your digital life @fmheir #PrivacyAware 

10 urgent actions to take #today to remain in control of your digital life @fmheir #PrivacyAware  | WHY IT MATTERS: Digital Transformation | Scoop.it

In this post I share 10 urgent actions that must be taken immediately to manage, secure and protect your digital-moi.

Digital-moi is a unique concept that I have developed since 2013, centered on the impact that digital technologies have on our lives and the need to protect our digital self. Read more about it in this introduction post “We all have a digital twin“. This post is a complement to the conference “digital-moi.com: how to manage and protect your digital self“.

Farid Mheir's insight:

This is Data Privacy Weekend and I recommend you take time this Sunday morning to read through the actions in this blog post and put at least once in practice right now - my recommendation is #4

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6 #E-commerce companies Reinventing Brick-and-Mortar #Retail and prevent armageddon by changing the store experience via @cbinsights

6 #E-commerce companies Reinventing Brick-and-Mortar #Retail and prevent armageddon by changing the store experience via @cbinsights | WHY IT MATTERS: Digital Transformation | Scoop.it

In today's "digital age," the dominant narrative is that e-commerce has fully eclipsed physical retail. The truth looks a bit different.

Farid Mheir's insight:

WHY IT MATTERS: this article reviews of the 6 companies are changing the in store experience to deliver true omni-channel.

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Discover #Bitcoin, #Ethereum & #Blockchain Guides as well as hundreds of blockchain and #cryptocurrency use case reference cards - 2600+ as of today - an #amazing #reference HT @upfolioteam

Discover #Bitcoin, #Ethereum & #Blockchain Guides as well as hundreds of blockchain and #cryptocurrency use case reference cards - 2600+ as of today - an #amazing #reference HT @upfolioteam | WHY IT MATTERS: Digital Transformation | Scoop.it

Learn about Bitcoin, Ethereum, blockchain and cryptocurrency. Discover topics with easy, hand-illustrated guides. Explore what blockchain technology is about. Get everything you need to know about digital assets!

Farid Mheir's insight:

WHY IT MATTERS: with over 2600 use cases for blockchain in every possible category, this is the best reference I found to show people why the blockchain is a good thing with HUGE potential. Great job by the upfolio team!

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"Create Superb McKinsey-Style Presentations" is a great reference on storytelling with lots of examples - HT @SlideHeores #mustRead #reference

"Create Superb McKinsey-Style Presentations" is a great reference on storytelling with lots of examples - HT @SlideHeores #mustRead #reference | WHY IT MATTERS: Digital Transformation | Scoop.it

The ultimate resource for learning how to create and deliver better business presentations. From presentation tools, to style guidelines and formatting tips, all the way to sophisticated approaches to structuring your logic, you’ll learn how to execute every effective presentation writing technique on the planet.

Farid Mheir's insight:

WHY IT MATTERS: this has little to do with digital transformation but.... to transform we often need to convince others that change is good. This blog post provides tons of examples of good presentation styles, the importance of storytelling, summary of the Minto pyramid principle, and so many more infos and very well thought out videos. THANK YOU FOR THIS.

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The basics of a Funnel Marketing System are pretty simple but require many #digital #tools and #technologies to be combined to deliver metrics that have value via @funnel_io

The basics of a Funnel Marketing System are pretty simple but require many #digital #tools and #technologies to be combined to deliver metrics that have value via @funnel_io | WHY IT MATTERS: Digital Transformation | Scoop.it

What would the impact be on your business if you could improve the effectiveness of your advertising by 25%? This document outlines the different parts of a good advertising setup and provides advice on best practices.

Farid Mheir's insight:

WHY IT MATTERS: few marketing units measure the success of their advertising campaigns. This article describes what it takes to do so.

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Building a marketing reporting stack is required but remains difficult - this post provides part of the solution via @funnel_io

Building a marketing reporting stack is required but remains difficult - this post provides part of the solution via @funnel_io | WHY IT MATTERS: Digital Transformation | Scoop.it

Next time you meet a marketer, ask them (or ask yourself if you have a marketing budget) the following question: As of today, what percent of your marketing budget have you spent so far this month and is your overall spend tracking above or below budget? More often than not you don’t get a straight answer. Because they do not know. The spend for different marketing channels is typically tracked in different tools or in different siloed reports. Nowhere is it added up every day.

Farid Mheir's insight:

WHY IT MATTERS: I see it in most organizations: marketing team is overwhelmed with data but very few manage to provide simple reporting to show how good (or bad) their efforts are. It should in fact be simple to produce the table highlighted here but it is not. 

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How We All Can Fight Misinformation- @HBR creates a series called "reality wars" on a much needed topic that is hard to fight for: truth on the Internet

How We All Can Fight Misinformation- @HBR creates a series called "reality wars" on a much needed topic that is hard to fight for: truth on the Internet | WHY IT MATTERS: Digital Transformation | Scoop.it

False news spreads online faster, farther, and deeper than truth does — but it can be contained. Here’s how.

Farid Mheir's insight:

WHY IT MATTERS: trust on the Internet is difficult to get. Harvard Business Review raises concerns and provides possible solutions in this special series. Much needed, the solutions do not however appear very easy to implement. Tough times ahead for the truth...

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EHI Retail Institute Top #Omnichannel Shops in Germany shows that there is much room to improve for both large and small  #Retail #ecommerce

EHI Retail Institute Top #Omnichannel Shops in Germany shows that there is much room to improve for both large and small  #Retail #ecommerce | WHY IT MATTERS: Digital Transformation | Scoop.it

Aperçu des boutiques cross et omnicanal parmi les 1 000 boutiques en ligne les plus vendues en Allemagne avec au moins 10 emplacements fixes.

Farid Mheir's insight:

WHY IT MATTERS: this german institute reports on omni-channel support in retail which visually shows that few retailers embrace omni-channel fully at this time. Would be interesting to see the same elsewhere to compare.

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The future of agile teams is a "Squad" according to Spotify engineering teams - #mustRead to understand how top performing teams organized to deliver fast with quality and coordination #softwareEng...

What’s Squad? It’s a small cross-functional self-organized team with usually less than 8 people. They have end-to-end responsibilities and they work together toward long-term missions. On Squads, the key drive is autonomy.

Each Squad has autonomy to decide what to build, how to build it, and how to work together while building it, although they need to be aligned with the Squad mission, product strategy, and short-term goals.

“Be autonomous, but don’t sub-optimize!”.

Farid Mheir's insight:

WHY IT MATTERS: a great 2 part article on how to implement squads to organize your agile delivery teams.

This is a followup to previous blog posts on the subject:

http://fmcs.digital/blog/how-spotify-structures-its-teams-to-deliver-products-in-agile-fashion/ 

http://fmcs.digital/blog/videos-that-describe-spotify-engineering-culture-mustwatch/ 

http://fmcs.digital/blog/managing-large-software-requires-softwareengineering-structured-approach-what-will-it-be-for-ai/ 

http://fmcs.digital/blog/the-origins-of-devops-10-deploys-per-day-dev-and-ops-cooperation-at-flickr/ 

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Looks like #SecurityKeys are a good way to protect your login/password: there were *no* successful #phishing against Google employees since using the devices in 2017 via @briankrebs

Looks like #SecurityKeys are a good way to protect your login/password: there were *no* successful #phishing against Google employees since using the devices in 2017 via @briankrebs | WHY IT MATTERS: Digital Transformation | Scoop.it

The most common forms of 2FA require the user to supplement a password with a one-time code sent to their mobile device via text message or an app. Indeed, prior to 2017 Google employees also relied on one-time codes generated by a mobile app — Google Authenticator.
In contrast, a Security Key implements a form of multi-factor authentication known as Universal 2nd Factor (U2F), which allows the user to complete the login process simply by inserting the USB device and pressing a button on the device. The key works without the need for any special software drivers.

Farid Mheir's insight:

WHY IT MATTERS: 2 factor authentication is great, especially when using a physical device like a secure key it seems. read the article for details on why this is so and how to use it.

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Top 100 #DigitalTransformation Influencers shows focus remains on #Technology #Innovation #Data #Marketing via @stratorob #AI #Robotics #RPA #IoT #BigData #DataScience #DataAnalytics

Top 100 #DigitalTransformation Influencers shows focus remains on #Technology #Innovation #Data #Marketing via @stratorob #AI #Robotics #RPA #IoT #BigData #DataScience #DataAnalytics | WHY IT MATTERS: Digital Transformation | Scoop.it

An overview of influencer that inspire me daily when reading the newest trends on digital transformation. Feel free to add your favorite influencer on this list. I personally have no influence on the ranking - a neutral algorithm calculates who has the most impact online. So all fame and blame belongs to the algorithm.

Farid Mheir's insight:

WHY IT MATTERS: the list provides a great starting point to get a shot of digital transformation leadership. The focus being mostly on technology, you should look elsewhere for impact on society, work, and life that digital transformation brings.

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Podcast on digital disruption by #Accountants gives an idea of how much #AI #Blockchain #Automation #Cybersecurity will impact their industry - as I believe it will all professional services includ...

Podcast on digital disruption by #Accountants gives an idea of how much #AI #Blockchain #Automation #Cybersecurity will impact their industry - as I believe it will all professional services includ... | WHY IT MATTERS: Digital Transformation | Scoop.it

You’re surrounded by disruption and rapid change. Maybe you’re looking for solutions. A way to seize opportunities. We all are. It’s a sprint to stay ahead of technology. Blockchain. Automation. AI. Cybersecurity. It will forever change the way accounting is done. And forever change those who do it. It’s time to reset, redefine and reskill. The way we learn. The way we work. And the way we move forward. Here, you’ll find what you need to not just survive, but adapt and thrive. And disrupt disruption.

Farid Mheir's insight:

WHY IT MATTERS: I've been blogging about digital disruption since Jan 2013, and doing it since the early days of Internet in 1995. It is refreshing to see it being picked up by non technology professionals. Maybe a sign of the times that this thing is starting to really impact people, businesses and whole industries...?

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The next-generation operating model for the digital world via @McKinsey

The next-generation operating model for the digital world via @McKinsey | WHY IT MATTERS: Digital Transformation | Scoop.it

Companies need to increase revenues, lower costs, and delight customers. Doing that requires reinventing the operating model. A simple way to visualize this operating model is to think of it as having two parts, each requiring companies to adopt major changes in the way they work:

  • The first part involves a shift from running uncoordinated efforts within siloes to launching an integrated operational-improvement program organized around customer journeys (the set of interactions a customer has with a company when making a purchase or receiving services) as well as the internal journeys (end-to-end processes inside the company). Examples of customer journeys include a homeowner filing an insurance claim, a cable-TV subscriber signing up for a premium channel, or a shopper looking to buy a gift online. Examples of internal-process journeys include Order-to-Cash or Record-to-Report.
  • The second part is a shift from using individual technologies, operations capabilities, and approaches in a piecemeal manner inside siloes to applying them to journeys in combination and in the right sequence to achieve compound impact.
Farid Mheir's insight:

WHY IT MATTERS: digital transformation often requires profound changes to operating models. McKinsey proposes a simple way to derive a target digital operating model by looking at key scenarios that need to be supported with digital. This is especially true when considering new technologies such as 3D printing which not only introduce new capabilities but also have ripple effects into every function in the organization.

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Which 3-D Printing Business Model Is Right for Your Company? @HBR handbook helps draft a strategy to integrate #3Dprinting into their manufacturing plans but it may require improved digital process...

Which 3-D Printing Business Model Is Right for Your Company? @HBR handbook helps draft a strategy to integrate #3Dprinting into their manufacturing plans but it may require improved digital process... | WHY IT MATTERS: Digital Transformation | Scoop.it

Strategically, that means additive is becoming a full-fledged competitive weapon: It can be used to hold on to market leadership, to dethrone a dominant player, or to diversify by exploiting a printer’s capability to make products for different industries. Consequently, leaders need to understand additive’s range and potential and the possibilities that will open up in the near future. This article offers a playbook.

Farid Mheir's insight:

WHY IT MATTERS: this Harvard paper shows that recent advances in 3D printing make additive production a reality today. Reading between the lines you have to realize the digital transformation this requires across your sales and distribution channels to support the level of customization that 3D printing enables. It is not just a matter or replacing machines with printers on the factory floor.

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McKinsey proposes to do away with outdated command-and-control structure in favour of unleashing the power of agile teams and explains that it requires executives and managers to change the way the...

McKinsey proposes to do away with outdated command-and-control structure in favour of unleashing the power of agile teams and explains that it requires executives and managers to change the way the... | WHY IT MATTERS: Digital Transformation | Scoop.it

In a nutshell, senior executives must move the company—and themselves—away from outmoded command-and-control behaviors and structures that are ill-suited to today’s rapid digital world. They must redouble efforts to overcome resource inertia and break down silos, because independent teams can’t overcome these bureaucratic challenges on their own. They must direct teams to the best opportunities, arm them with the best people, give them the tools they need to move fast, and oversee their work with a light but consistent touch.

Farid Mheir's insight:

WHY IT MATTERS: the issues raised in this article I see with every corporation I work with. They want agility and flexibility but executives don't let go of out-dated corporate structures and governance. Ultimately, they end up blaming employees and partners when they fail to deliver in a competitive way. Every executive I meet from this point forward will receive a copy of this article!

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Gartner Magic Quadrant for Digital Commerce reviews 18 #digital #commerce platforms #eCommerce #technology

Gartner Magic Quadrant for Digital Commerce reviews 18 #digital #commerce platforms #eCommerce #technology | WHY IT MATTERS: Digital Transformation | Scoop.it
The digital commerce platform market continues to grow steadily. Gartner forecasts digital commerce platform revenue to reach CAGR of 15.5% through 2022. The Gartner digital commerce team has seen continued growth in the number of digital commerce platform inquiries.
We recently conducted a Gartner Research Circle survey composed of members whose organizations use digital commerce platforms (see the Evidence section for details). Organizations in manufacturing and natural resources represented the highest number of participants (26%), followed by retail, services, banking, insurance and government, which collectively represented 43%. The survey revealed the following take-aways:
  • Of participating members, an average of one-quarter of total revenue comes through digital commerce channels.
  • Note: Most participants work in organizations that sell to both B2B and B2C audiences.
  • Improving customer satisfaction, innovation/transformation of the business, and reducing costs via automation of sales processes and customer self-service buying were cited as key reasons for embracing digital commerce.
  • Delivering the desired customer experience was cited as the most critical challenge for digital commerce. Consistency in serving customers across all sales channels and justifying IT spending based on current ROI were also highlighted as key barriers.
  • A majority (63%) considered digital commerce as a critical and natural progression to a digital business strategy.
Farid Mheir's insight:

WHY IT MATTERS: always good to use when you need to know where the market is going on eCommerce. Love the analysis. Always take the vendors and their position with a grain of salt.

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Findings, recommendations and actions from ICO investigation into data analytics in political campaigns - read the preliminary findings on how it is now possible to send micro-targeted messages usi...

Findings, recommendations and actions from ICO investigation into data analytics in political campaigns - read the preliminary findings on how it is now possible to send micro-targeted messages usi... | WHY IT MATTERS: Digital Transformation | Scoop.it

Information Commissioner Elizabeth Denham has today (11 July) published a detailed update of her office’s investigation into the use of data analytics in political campaigns.

Farid Mheir's insight:

WHY IT MATTERS: read this very detailed report that explains how political parties have used the Facebook data to create personalized messages and influence the election that led to the Brexit. Fascinating. Also read my posts on the data you leave behind - the data exhaust - that enables the creation of your digital twin: http://fmcs.digital/blog/digital-twin 

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Amir Ali's curator insight, July 19, 5:45 PM
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How micro-targeting works and why your #digital #data creates a #DigitalTwin of yourself that retailers, governments, political parties and others take advantage of to change your opinion or behavi...

How micro-targeting works and why your #digital #data creates a #DigitalTwin of yourself that retailers, governments, political parties and others take advantage of to change your opinion or behavi... | WHY IT MATTERS: Digital Transformation | Scoop.it

In May 2017 the Information Commissioner announced a formal investigation into the use of data analytics for political purposes. The investigation is one of the largest of its kind and is ongoing. This page will be updated as and when developments arise.

Farid Mheir's insight:

WHY IT MATTERS: this report from the ICO data privacy organization in the UK explains in their recent report how political parties and companies use your private data to create a digital twin profile to then target you during your Internet journeys with micro-targeted messages. Also read my post on the digital twin concept: http://fmcs.digital/blog/digital-twin 

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Jeevan Joshi's curator insight, July 20, 12:29 AM
practical application of blockchain
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How political parties use your personal data to create a #DigitalTwin profile of yourself and send you targeted messages in #Facebook #Email #Ads and other via @ICO #UK #CambridgeAnalytica #privacy...

How political parties use your personal data to create a #DigitalTwin profile of yourself and send you targeted messages in #Facebook #Email #Ads and other via @ICO #UK #CambridgeAnalytica #privacy... | WHY IT MATTERS: Digital Transformation | Scoop.it

In May 2017 the Information Commissioner announced a formal investigation into the use of data analytics for political purposes. The investigation is one of the largest of its kind and is ongoing. This page will be updated as and when developments arise.

Farid Mheir's insight:

WHY IT MATTERS: data that you post on Facebook or elsewhere is aggregated by political parties and retailers and governments and others to create a virtual profile of yourself - what I call the digital twin. See my post here for more on the digital twin: http://fmcs.digital/blog/digital-twin/ 

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UK Investigation into data analytics for political purposes track the amount of data collected by political parties via @ICO #Facebook #CambridgeAnalytica

UK Investigation into data analytics for political purposes track the amount of data collected by political parties via @ICO #Facebook #CambridgeAnalytica | WHY IT MATTERS: Digital Transformation | Scoop.it

In May 2017 the Information Commissioner announced a formal investigation into the use of data analytics for political purposes. The investigation is one of the largest of its kind and is ongoing. This page will be updated as and when developments arise.

Farid Mheir's insight:

WHY IT MATTERS: this investigation on the heels of the Cambridge Analytica scandal shows how much data is being collected by political parties.

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You have data and here are your rights - Your data matters @ICO #UK #privacy

You have data and here are your rights - Your data matters @ICO #UK #privacy | WHY IT MATTERS: Digital Transformation | Scoop.it

We live in a data-driven world. Almost every transaction and interaction you have with most organisations involves you sharing personal data, such as your name, address and birth date. You share data online too, every time you visit a website, search for or buy something, use social media or send an email.

Farid Mheir's insight:

WHY IT MATTERS: ICO is the data protection organization in the UK. It provides a guide to your rights regarding data and privacy. Very useful and well done.

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Manual Work is a Bug via @ACM HT @gnat

Manual Work is a Bug via @ACM HT @gnat | WHY IT MATTERS: Digital Transformation | Scoop.it

A.B.A: always be automating: Every IT team should have a culture of constant improvement - or movement along the path toward the goal of automating whatever the team feels confident in automating, in ways that are easy to change as conditions change. As the needle moves to the right, the team learns from each other

Farid Mheir's insight:

WHY IT MATTERS: this is a mantra that a good friend of mine had for a long time - and he is/was very productive. I struggle every day to be more like him and apply the principles in this article. You should too.

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The path to #digital transformation not always paved with success: Australia’s Digital Transformation Stumbles Badly via @IEEE Spectrum

The path to #digital transformation not always paved with success: Australia’s Digital Transformation Stumbles Badly via @IEEE Spectrum | WHY IT MATTERS: Digital Transformation | Scoop.it

Failures cited in the report include outages at the Australian Taxation Office, significant operational difficulties with the Department of Human Services’ Online Compliance Intervention program, and the cancellation of the Australian Apprenticeship Management System project as not being fit for purpose, among others. Together, the operational issues and development failures reflect “broader systemic problems” with the government’s capability to deliver information and communications technology (sometimes abbreviated as ICT).

Farid Mheir's insight:

WHY IT MATTERS: you cannot force digital transformation. It needs to be a process of change, something governments - and some businesses - are not great at. Case in point in this article.

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Sebastian Büttner's curator insight, July 17, 5:45 AM
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#Blockchain Disciples Have a New Goal: Running Our Next Election #TrustIssues @medium

#Blockchain Disciples Have a New Goal: Running Our Next Election #TrustIssues @medium | WHY IT MATTERS: Digital Transformation | Scoop.it
If they squinted hard enough, attendees of the International Centre for Parliamentary Studies' annual Electoral Symposium, which took place in late May at the Troia Design Hotel, 90 minutes south of…
Farid Mheir's insight:

WHY IT MATTERS: part of a well researched series of articles, this one looks at the use case of elections using blockchain - and the hope that it will reduce fraud and make the process more transparent.

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Your Online Data Is In Peril. The Blockchain Could Save It. #TrustIssue @medium

Your Online Data Is In Peril. The Blockchain Could Save It. #TrustIssue @medium | WHY IT MATTERS: Digital Transformation | Scoop.it

The word “trust” is printed on things all around you. The dollar bill in your pocket. The box of Kleenex on your bedside table has a label that reads “trusted care.” In the physical world, it’s easy…

Farid Mheir's insight:

WHY IT MATTERS: explores how blockchain technology may help protect private data and bring back some privacy.

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A New Tech Manifesto to envision a future where privacy, trust and personal data is valued properly #TrustIssues @medium

A New Tech Manifesto to envision a future where privacy, trust and personal data is valued properly #TrustIssues @medium | WHY IT MATTERS: Digital Transformation | Scoop.it

The promise of the internet isn’t that a few centralized powers will do everything for us. That’s the Old World, and we shouldn’t try to recreate it. The promise of an inter-networked world is that we can do more ourselves under new models of collaboration, whether in the fields of science or art or justice.
Imagine if we used our collective data to help us be better neighbors, partners, artists, citizens, and humans, rather than just better products to be auctioned off to the highest bidder. Imagine, too, if we could hold technology companies accountable by demanding that they share power more equitably with the people who use and enable their products and services.

Farid Mheir's insight:

WHY IT MATTERS: as privacy and trust erodes, this article provides some insight on how to shape the future to bring back trust and value of privacy and personal data.

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Curated by Farid Mheir
Digital technology consultant. Register to my free email newsletter: http://fmcs.digital/newsletter-signup/