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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The Future of Jobs Report 2018 by @WorldEconomicForum

The Future of Jobs Report 2018 by @WorldEconomicForum | WHY IT MATTERS: Digital Transformation | Scoop.it

New categories of jobs will emerge, partly or wholly displacing others. The skill sets required in both old and new occupations will change in most industries and transform how and where people work.

Farid Mheir's insight:

WHY IT MATTERS: a great study on the best jobs for the future.

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Ngocminh's curator insight, January 13, 1:43 PM
Narender Jain's comment, January 13, 4:47 PM
Future Vision for Jobs worldwide
bryan castillo's curator insight, January 13, 5:24 PM
Share your insight
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Law is not such a great career choice anymore: This AI outperformed 20 corporate lawyers at legal work #law #jobs #career

Law is not such a great career choice anymore: This AI outperformed 20 corporate lawyers at legal work #law #jobs #career | WHY IT MATTERS: Digital Transformation | Scoop.it

A group of experienced lawyers pitted their skills and knowledge against an algorithm, and the results reveal much about how artificial intelligence is shaking up industries.

Farid Mheir's insight:

WHY IT MATTERS: if you study or practice law and plan to retire within the next 10 years, you can move on and not read this one. If you plan to keep working in the field, then you should study programming or develop some other tech skill to remain relevant in the coming years. Consider yourself warned! ;-)

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Nna Prince's curator insight, January 14, 10:14 AM
Une IA réalise un taux de réussite 94% dans l'analyse de vices cachés dans 5 accords de confidentialité différents en 26 secondes vs 85% pour les meilleurs avocats expérimentés sélectionnés en 92 minutes de moyenne. 
Selon WEF la part d'automatisation dans les tâches dites à valeur ajoutée, comme les services juridiques, pourrait dépasser les 52% d'ici à 2025.
Il va sans dire que nous vivons une période de transition dont les développements technologiques en cours devraient impacter de manière spectaculaire notre façon de travailler ou de concevoir notre avenir professionnel, ce au cours de la prochaine décennie.
Nna Prince's curator insight, January 14, 10:32 AM
Une IA réalise un taux de réussite 94% dans l'analyse de vices cachés dans 5 accords de confidentialité différents en 26 secondes vs 85% pour les meilleurs avocats expérimentés sélectionnés en 92 minutes de moyenne. Selon WEF la part d'automatisation dans les tâches dites à valeur ajoutée, comme les services juridiques, pourrait dépasser les 52% d'ici à 2025. Il va sans dire que nous vivons une période de transition dont les développements technologiques devraient impacter de manière spectaculaire notre façon de travailler ou de concevoir notre avenir professionnel, ce au cours de la toute prochaine décennie.
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The future of work may be defined by companies such as @Buffer and include being a fully remote team, transparent salaries, and radically different hiring and performance reviews #HR #jobs

The future of work may be defined by companies such as @Buffer and include being a fully remote team, transparent salaries, and radically different hiring and performance reviews #HR #jobs | WHY IT MATTERS: Digital Transformation | Scoop.it

When you experiment with work culture as much as we do at Buffer, you tend to receive a lot of questions about it.

What is it like to work remotely? How do you collaborate across time zones? Do people really feel okay making their salaries public? Can you become friends with teammates when you’re not in an office? Do you miss working in an office? Do you basically live in pajamas? (Quick answer to that one: not usually, though I definitely have spent a work day or two in pajamas!)

Farid Mheir's insight:

WHY IT MATTERS: I wrote about the buffer open culture in the past and find this latest post to be a great summary of the best practice they have put in place over the years. Critics will say this only applies in startups but I would argue that 1) Buffer is already a 6+ years old 80 person team company 2) Large companies are composed of business units often much smaller in size than Buffer. That being said, many of my colleagues like coming to work in the morning and interacting with people face to face during the day so this model is not for everyone. But if you are looking for a different way to work, then I suggest you look at this and the new agile tribes that I wrote about previously.

for more go here: fmcs.digital/?s=buffer  and fmcs.digital/blog/digital-agile-transformation-at-ing-shows-it-is-possible-to-transform-legacy-non-technology-organizations-to-agile-using-the-concepts-of-tribes-squads-chapters-via-mckinsey-digitaltransformat/ 

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joneson's comment, December 23, 2018 11:07 AM
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More insights into Agile Transformation at ING and the concept of Agile Tribes

More insights into Agile Transformation at ING and the concept of Agile Tribes | WHY IT MATTERS: Digital Transformation | Scoop.it

When I speak to leadership teams or consult on agile transformation with corporates I’m always keen to stress that there is never one all-purpose solution to what a successful digital transformation looks like.

Farid Mheir's insight:

WHY IT MATTERS: banks are notorious for their lack of agility and fear of change, making digital transformation a challenge. Here ING move to the concept of agile tribes is explained.

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Gartner predicts workflow automation to be an essential part of #digitalTransformation - I agree and the example of employee onboarding here is striking #HR #BPMS #Automation

Gartner predicts workflow automation to be an essential part of #digitalTransformation - I agree and the example of employee onboarding here is striking #HR #BPMS #Automation | WHY IT MATTERS: Digital Transformation | Scoop.it

Business process automation for human resources using maestro. Maestro is a workflow automation solution for Drupal - automated business processes.

Farid Mheir's insight:

WHY IT MATTERS: workflow automation is an essential tool that too few organizations leverage within their digital transformation. Unfortunate because it can provide some very tangible benefits along with cost and error reduction. This paper provides a simple use case - employee onboarding - which unfortunately too many organizations still do manually.

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Vezta & Co.'s curator insight, September 23, 2018 12:44 PM

WHY IT MATTERS: workflow automation is an essential tool that too few organizations leverage within their digital transformation. Unfortunate because it can provide some very tangible benefits along with cost and error reduction. This paper provides a simple use case - employee onboarding - which unfortunately too many organizations still do manually.

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6 skills for High-Performing #Digital Teams @HBR

6 skills for High-Performing #Digital Teams @HBR | WHY IT MATTERS: Digital Transformation | Scoop.it

Digital skills are in high demand and short supply. But first things first — how do you define a digital team when nearly everything is digital?

Farid Mheir's insight:

WHY IT MATTERS: not only do you need digital expertise but you need the right mindset. This article presents 6 essential traits that digital teams must have.

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François DEMONGEOT's curator insight, September 13, 2018 8:40 AM

Very useful hints when you want to develop internal employees or recruit externally to create your digital team 

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16 Critical Roles to Structure Your #Digital Team

16 Critical Roles to Structure Your #Digital Team | WHY IT MATTERS: Digital Transformation | Scoop.it

Many brands going through a digital transformation struggle to structure their teams. This framework can act as a guideline.

Farid Mheir's insight:

WHY IT MATTERS: digital requires skills and expertise that are very specific and often benefit from being organized in a center of excellence. This post presents some of those roles.

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Vezta & Co.'s curator insight, September 11, 2018 4:05 PM

WHY IT MATTERS: digital requires skills and expertise that are very specific and often benefit from being organized in a center of excellence. This post presents some of those roles.

www.pcloudy.com's comment, September 12, 2018 7:45 AM
good one
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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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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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Tell your kids to stay in school: If you work with your hands, #AI, #automation, and #BigData are not good news according to @McKinsey #Tech4Good

Tell your kids to stay in school: If you work with your hands, #AI, #automation, and #BigData are not good news according to @McKinsey #Tech4Good | WHY IT MATTERS: Digital Transformation | Scoop.it

Workplaces and workflows will change as more people work alongside machines

Farid Mheir's insight:

WHY IT MATTERS: if you have kids, show them this then encourage them to study!

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#AI, #Automation and #BigData will create more jobs by 2030 than they will eliminate according to @McKinsey #Tech4Good

#AI, #Automation and #BigData will create more jobs by 2030 than they will eliminate according to @McKinsey #Tech4Good | WHY IT MATTERS: Digital Transformation | Scoop.it

Additional economic growth, including from business dynamism and rising productivity growth, will also continue to create jobs. Many other new occupations that we cannot currently imagine will also emerge and may account for as much as 10 percent of jobs created by 2030, if history is a guide. Moreover, technology itself has historically been a net job creator. For example, the introduction of the personal computer in the 1970s and 1980s created millions of jobs not just for semiconductor makers, but also for software and app developers of all types, customer-service representatives, and information analysts.

Farid Mheir's insight:

WHY IT MATTERS: this is a positive news about new technologies. However we must brace ourselves because many people will loose their jobs and not have the skills - or the willingness - to adapt. This will certainly create turmoil in companies - and possible whole countries. Prepare.

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What makes a great leader, explained in 8 counterintuitive charts

What makes a great leader, explained in 8 counterintuitive charts | WHY IT MATTERS: Digital Transformation | Scoop.it
A lot of the common wisdom we have about working together is wrong.
Farid Mheir's insight:

WHY IT MATTERS: I am a very visual person - those are just great ways to visualize things we know.

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lemonlawlawyers's comment, June 9, 2018 9:43 AM
good
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The first 100 days of a new CIO: Nine steps for wiring in success via @McKinsey

The first 100 days of a new CIO: Nine steps for wiring in success via @McKinsey | WHY IT MATTERS: Digital Transformation | Scoop.it

It’s critical to get a good start when stepping into the CIO role. Consider several measures when you shape your course.

Farid Mheir's insight:

WHY IT MATTERS: always good to do these 9 things when you start a new role in digital technology - CIO or not. 

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Fabienne Fayad's curator insight, March 10, 2018 3:34 PM
Vraiment pertinent pour tout nouveau poste exécutif.
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Organizing for a Digital World - Bain Brief - Bain & Company

Organizing for a Digital World - Bain Brief - Bain & Company | WHY IT MATTERS: Digital Transformation | Scoop.it

How to adjust the operating model and revive stalled digital efforts. Specifically:

- Does the concept of an "organizational structure" still make sense? Or should we move to self-organizing, manager-less teams?
- Should we scrap the idea of careers and employee loyalty in order to attract millennial talent for "tours of duty"?
- Do we really need any specialists in house, or should we do everything through partners in the ecosystem?

Farid Mheir's insight:

WHY IT MATTERS: digital transformation is more than just implementing new technologies. There must also be changes in processes and people, often with different organizational structures. This article from Bain presents different alternatives, along with pros and cons for each.

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LinkedIn’s 2017 U.S. Emerging #Jobs Report concludes that technology skills and soft skills are key for today's job market

LinkedIn’s 2017 U.S. Emerging #Jobs Report concludes that technology skills and soft skills are key for today's job market | WHY IT MATTERS: Digital Transformation | Scoop.it

It may come as no surprise that technology-centric roles stole the show among emerging jobs in the United States, but the prevalence of machine learning and data science roles and skills indicate a shift in the types of technology we can expect to be using in the near future, as well as what professionals should be preparing themselves for.

Having an academic background and a comprehensive suite of skills were also strong trends, especially among professionals who are now machine learning engineers and data scientists. Both of these roles are also often held by professionals with 10 years or more of professional experience, so for those just starting out and having trouble landing one of these titles, don’t be discouraged!

It’s always a good reminder that soft skills will always be important, no matter the profession. The ability to collaborate, be a leader, and learn from colleagues will stand out in interviews, and even more once starting a job.

Farid Mheir's insight:

WHY IT MATTERS: the conclusion of the study is simple: go to University and study something related to technology. Simple, no?

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21 #jobs humans will have in the future may include #FitnessCommitmentCounselor #PersonalDataBroker #WalkerTalker

21 #jobs humans will have in the future may include #FitnessCommitmentCounselor #PersonalDataBroker #WalkerTalker | WHY IT MATTERS: Digital Transformation | Scoop.it

Automation will eliminate jobs but it will also create them. Here are 21 jobs that will exist in the future.

Farid Mheir's insight:

WHY IT MATTERS: AI will replace many human activities - from driving trucks to auditing accounting books. Futurists predict that new jobs will emerge, jobs that today do not make sense but that in the future will become essential - same way that our ancestors in early 1900s would not have believed that data scientist or software programmer or webmaster would exist today...

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Deutsche Bank CEO: 50% of workers replaced by machines soon, social turmoil to increase in coming years #danger

Deutsche Bank CEO: 50% of workers replaced by machines soon, social turmoil to increase in coming years #danger | WHY IT MATTERS: Digital Transformation | Scoop.it

By next year, around 75% of financial firms will either explore or implement artificial intelligence technologies, according to a survey by Greenwich Associates. The research and consulting firm thinks some 15% of the industry’s jobs are at risk.

Farid Mheir's insight:

WHY IT MATTERS: social turmoil in the coming years. Trump has capitalized on coal workers fears of loosing their jobs. In 5 and 10 years, millions of workers in Finance, accounting, clerical jobs, but also truck drivers and warehouse workers will be out of a job - or fearing they will loose their jobs or seeing their salaries frozen or wages pressured in downward trends. They will be asked to retrain and maybe re-locate. Most won't and will expect their unions or their governments to do something against the business world and rich techies. We must - sadly - plan for social turmoil in the coming years.

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Where is technology taking the economy? #weekendReading #bleak @McKinsey

Where is technology taking the economy? #weekendReading #bleak @McKinsey | WHY IT MATTERS: Digital Transformation | Scoop.it

Erik Brynjolfsson and Andrew McAfee of the Massachusetts Institute of Technology point out that when automotive transport arrived, a whole group of workers—horses—were displaced, never to be employed again. They lost their jobs and vanished from the economy.
I would add another historical precedent. Offshoring in the last few decades has eaten up physical jobs and whole industries, jobs that were not replaced. The current transfer of jobs from the physical to the virtual economy is a different sort of offshoring, not to a foreign country but to a virtual one. If we follow recent history we can’t assume these jobs will be replaced either.

Farid Mheir's insight:

WHY IT MATTERS: the article very well sums up the changes that will impact us all - and the conclusion is bleak. When production is plentiful, very few have jobs. Having access to what is produced becomes the issue - if you don't have a job, you don't have the means to buy what gets produced. We will enter an era of social tensions and can only hope it will not be resolved in a 3rd world war.

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Waqas ALi's curator insight, November 20, 2017 11:33 AM

Custom Logo design services are playing important role in the field of business and marketing most of the companies recognized by their logo.

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Engineering Growth Framework provides a tool to measure and reward progress in people skills @Medium

Engineering Growth Framework provides a tool to measure and reward progress in people skills @Medium | WHY IT MATTERS: Digital Transformation | Scoop.it

In late August we rolled out our Growth Framework, a set of documents and tools that described what we value at Medium, how to progress, and how we measure and reward that progress.

Farid Mheir's insight:

WHY IT MATTERS: very useful framework that can be applied in many fields to manage employees in high-demand technical skills such a software engineers. A reference for me in the future.

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GE to kill its annual performance review ratings in favor of #mentoring & a #mobile app

GE to kill its annual performance review ratings in favor of #mentoring & a #mobile app | WHY IT MATTERS: Digital Transformation | Scoop.it

The company got rid of formal, forced ranking around 10 years ago. But now, GE’s in the middle of a far bigger shift. It’s abandoning formal annual reviews and its legacy performance management system for its 300,000-strong workforce over the next couple of years, instead opting for a less regimented system of more frequent feedback via an app. For some employees, in smaller experimental groups, there won’t be any numerical rankings whatsoever.

Farid Mheir's insight:

WHY IT MATTERS: digital had the promise to change the way we work and bring the promise of meritocracy closer. This may be the start. I look forward to see the app itself and the process.

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Know Your Industries: 70+ Market Maps Covering Fintech, CPG, Auto Tech, Healthcare, And More

Know Your Industries: 70+ Market Maps Covering Fintech, CPG, Auto Tech, Healthcare, And More | WHY IT MATTERS: Digital Transformation | Scoop.it
Here's a collection of all 71 CB Insights market maps and unbundling/disrupting graphics.
Farid Mheir's insight:

WHY THIS IS IMPORTANT

Digital transformation often comes from startup innovations. So maps like those are very good to know where opportunities to improve lie.

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In the AI Age, “Being Smart” Will Mean Something Completely Different

In the AI Age, “Being Smart” Will Mean Something Completely Different | WHY IT MATTERS: Digital Transformation | Scoop.it
AI will change that because there is no way any human being can outsmart, for example, IBM’s Watson, at least without augmentation. Smart machines can process, store, and recall information faster and better than we humans. Additionally, AI can pattern-match faster and produce a wider array of alternatives than we can. AI can even learn faster. In an age of smart machines, our old definition of what makes a person smart doesn’t make sense.
Farid Mheir's insight:

WHY THIS IS IMPORTANT

We must change the way we are and behave in the age of machine intelligence and this article provides great insights.

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Acquiring the capabilities you need to go digital @McKinsey

Acquiring the capabilities you need to go digital @McKinsey | WHY IT MATTERS: Digital Transformation | Scoop.it
Some of the talent and tools won’t necessarily be found in-house. Here’s how to create a sustainable strategy for sourcing the right people and products.
Farid Mheir's insight:

WHY THIS IS IMPORTANT

Finding the right partner for digital implementations is key to any project success. Here McKinsey proposes criteria to help select the best ones but also how to design a process to ensure it can be managed globally in the organization.

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Where machines could replace humans--and where they can’t (yet)

Where machines could replace humans--and where they can’t (yet) | WHY IT MATTERS: Digital Transformation | Scoop.it
The technical potential for automation differs dramatically across sectors and activities.
Farid Mheir's insight:

WHY THIS IS IMPORTANT

We all work so we should all be aware of this trend. For those of us that create strategy for others, this is essential to consider as an underlying trend.

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Why Is Silicon Valley So Awful to Women?

Why Is Silicon Valley So Awful to Women? | WHY IT MATTERS: Digital Transformation | Scoop.it
Tech companies are spending hundreds of millions of dollars to improve conditions for female employees. Here’s why not much has changed—and what might actually work.
Farid Mheir's insight:

WHY THIS IS IMPORTANT

Need more diversity. Period.

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