Feb 2016 - Proprietary analysis by Stephan Montigaud – © Copyrights to respective content owners

DIGITAL TRANSFORMATION

A Talent Management Perspective

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Summary ■Definitions■Strategic Challenges

–Change Management–Business Model–Technology–Organization & Culture

■Talent Management & Search Perspective

Feb 2016 - Proprietary analysis by Stephan Montigaud – © Copyrights to respective content owners

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DefinitionsDigital TransformationInternet of Things (IoT) Industrial Internet of Things (IIoT)

■ Digital Transformation is the realignment of, or new investment in, technology and business models to more effectively engage digital customers at every touchpoint in the customer experience lifecycle (Altimeter Group)

■ The Internet of Things (IoT) has been defined as a global infrastructure for the information society, enabling advanced services by interconnecting (physical and virtual) things based on existing and evolving interoperable information and communication technologies. (IoT Global Standards Initiative ITU-T Y.2060 06/2012)

■ The Industrial Internet or Industrial Internet of Things (IIoT) is an internet of things, machines, computers, and people, enabling intelligent industrial operations using advanced data analytics for transformational business outcomes, and it is redefining the landscape for businesses and individuals alike. (Industrial Internet Consortium)

Feb 2016 - Proprietary analysis by Stephan Montigaud – © Copyrights to respective content owners

WH

ATH

OW

IN B2C / B2B

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Change ManagementDigital transformation requires rethinking every element of how your company does business■ digital business models■ digital operating models■ digital talent and skills■ digital traction metrics

Feb 2016 - Proprietary analysis by Stephan Montigaud – © Copyrights to respective content owners

Source: World Economic Forum White Paper – Digital Enterprise – Jan 2016 Source: Altimeter Group – Digital Transformation Report 2014

SURVIVE DIGITAL DISRUPTION BY BECOMING A DIGITAL BUSINESS

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Business Model

Network Orchestrators demonstrated, on average, better return on assets, better profit margins, better sales growth, and better enterprise values than organizations using the other three business models.

OpenMatters research showed that no matter what industry a company was operating in, they fell into one or more of these four basic business models

Source: OpenMatters/Deloitte/Wharton – The Value Multiplier Research Brief 2014

Feb 2016 - Proprietary analysis by Stephan Montigaud – © Copyrights to respective content owners

BECOME NETWORK CENTRIC THROUGH DIGITAL TRANSFORMATION

P/E Ratio

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Technology Challenges

Technology Integration Challenges■Evolving

architectures, protocol wars and competing standards.

■Complexity, confusion and integration issues

■Security issues■Trust and Privacy

issues■Abundance of

hardware, software, service vendors

■Concrete use cases and compelling value propositions

Network centric approach requiring transparent information flow across the value chain through IoT/IIoT technologies

Feb 2016 - Proprietary analysis by Stephan Montigaud – © Copyrights to respective content owners

COMPLEX TECHNOLOGY ADOPTION (IOT/IIOT) FOR A BIG IMPACT

Source: Cognizant - Designing for Manufacturing’s ‘Internet of Things’ – June 2014 Source: McKinsey Digital Raising your Digital Quotient – December 2015

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Organizational & Cultural Challenges

■ It takes a new kind of talent to implement a digital strategy; the skills needed aren’t just technical, and they also require political savvy to push back against internal resistance.

■ Company leadership must be digitally savvy, with an understanding of both technology and business issues, and employees at all levels must be provided the training necessary to be comfortable adopting digital tools. Keep in mind that corporate culture may need to be transformed to attract and retain a diverse community of employees.

■ When necessary, consider using on-demand workers to provide skills the internal workforce lacks; robotics and artificial intelligence may be able to automate some current job functions.

Towards ever greater speed & agility

Feb 2016 - Proprietary analysis by Stephan Montigaud – © Copyrights to respective content owners

Source: Accenture Technology Vision 2016 Source: World Economic Forum– Digital Transformation of Industries Website

FROM PERFECT SILOS TO OPEN & COLLABORATIONS

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Talent Management Perspective

■ Do you have a digitally literate leadership team? To what extent is it multigenerational, diverse and with sufficient expertise in business and technology topics?

■ Have you established appropriate training schemes to overcome the digital skills gap and reskill your existing employees?

■ Are your internal policies up-to-date to allow collaboration and knowledge sharing using social media tools?

■ To what extent can your corporate culture cope with constant change and is it considered attractive for millennials?

■ Is the cultural transformation visible at every level of your organization and driven by the CEO and leadership team?

Top 10 Skills

Feb 2016 - Proprietary analysis by Stephan Montigaud – © Copyrights to respective content owners

Source: World Economic Forum White Paper – Digital Enterprise – Jan 2016World Economic Forum - The Future of Jobs 2020 – Jan 2016

BUILD A HIGH-QUOTIENT DIGITAL WORKFORCE

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Talent Search Perspective

What business model transformation ahead for your client and what leadership challenge?

From keeping up with the pace of digital to leading the way into the hyper-connected world

Feb 2016 - Proprietary analysis by Stephan Montigaud – © Copyrights to respective content owners

P/E Ratio

FINDING THE RIGHT LEADERS FOR THE RIGHT CHALLENGES

What new or evolving role fits your client’s digital maturity and where to find suitable candidates?

Leadership style

Source: Gartner 2013 Source: PwC - The 2015 chief digital officer study

Source: OpenMatters/Deloitte/Wharton – The Value Multiplier Research Brief 2014

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Thank you World

Economic Forum White Paper – Digital Enterprise – Jan 2016

Altimeter Group – Digital Transformation Report 2014

OpenMatters / Deloitte / Wharton University – The Value Multiplier Research Brief 2014

Cognizant - Designing for Manufacturing’s ‘Internet of Things’ – June 2014

McKinsey Digital Raising your Digital Quotient – December 2015

Accenture Technology Vision 2016 – Jan 2016 World Economic Forum– Digital Transformation of

Industries Website

World Economic Forum - The Future of Jobs - Employment, Skills and Workforce Strategy for the Fourth Industrial Revolution – Jan 2016

PwC - The 2015 chief digital officer study

Stephan Montigaud http://IoTexec.news http://IoTexec.me @SMontigaud See how we’re connected

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