52
iONOLOGY Niall McKeown

The 7 Principles of Digital Business Strategy & Transformation

Embed Size (px)

DESCRIPTION

There is a method for creating a high performance digital business strategy. It is to use the 7 Principles of Digital Business Strategy framework by www.ionology.com

Citation preview

Page 1: The 7 Principles of Digital Business Strategy & Transformation

iONOLOGY

Niall McKeown

Page 2: The 7 Principles of Digital Business Strategy & Transformation

Digital Business TransformationiONOLOGY

Page 3: The 7 Principles of Digital Business Strategy & Transformation

iONOLOGYiONOLOGY

Page 4: The 7 Principles of Digital Business Strategy & Transformation

iONOLOGY

Fire Fighting

Process

Operational Effectiveness

Strategy

Education

Innovation

‘Doing’ more than ‘thinking’

Simplifying tasks

Vision, purpose & leadership

Management. Automation.Doing more with less

Building on theory and practice

Ideas turned into money

Excellence6 Steps to Business Excellence

Page 5: The 7 Principles of Digital Business Strategy & Transformation

iONOLOGY

Page 6: The 7 Principles of Digital Business Strategy & Transformation

iONOLOGY

© All Rights Reserved iON Technologies Ltd.

What is Strategy?

iONOLOGY

Page 7: The 7 Principles of Digital Business Strategy & Transformation

iONOLOGY

What is Strategy?

“A strategy is a plan of action designed to achieve a specific goal, in conditions of

uncertainty, with defined limited resources”

iONOLOGY

Page 8: The 7 Principles of Digital Business Strategy & Transformation

iONOLOGY

What is Digital Strategy?

“In the fields of strategic management, marketing strategy and business strategy, digital strategy is the process of specifying an organization's vision,

goals, opportunities and initiatives in order to maximize the business benefits of digital

marketing to the organization.”

iONOLOGY

Page 9: The 7 Principles of Digital Business Strategy & Transformation

iONOLOGY

What is Digital Strategy?

“Strategy comes from identifying one or two critical issues in the situation – the pivotal

points that can multiply the effectiveness of effort – then focusing and concentrating

action and resources on them”

2011 Financial Times and Goldman Sachs Business

Book of the Year

iONOLOGY

Page 10: The 7 Principles of Digital Business Strategy & Transformation

iONOLOGY

DiagnosisCoherent

Action

Guiding Policy

Strategy Kernel

© All Rights Reserved iON Technologies Ltd.

iONOLOGY

Page 11: The 7 Principles of Digital Business Strategy & Transformation

iONOLOGY

We Define Digital Business Strategy As…

“Digital Business Strategy is the systematic process of diagnosing and eliminating near term challenges using technology, in order to progress a business towards its

stated vision.

The 7 Principles of Digital Business Strategy is the most efficient and comprehensive process available to ensure

actions are indeed strategic and not just tactical” 

iONOLOGY

Page 12: The 7 Principles of Digital Business Strategy & Transformation

iONOLOGY

Page 13: The 7 Principles of Digital Business Strategy & Transformation

iONOLOGY

1. Know Yourself 2. Customers 3. Marketplace 4. Resources

5. Position 6. Engine of Growth

7. Tactics

Page 14: The 7 Principles of Digital Business Strategy & Transformation

iONOLOGY

1. Know Yourself 2. Customers 3. Marketplace 4. Resources

5. Position 6. Engine of Growth

7. Tactics

Page 15: The 7 Principles of Digital Business Strategy & Transformation

iONOLOGY

1. Know Yourself 2. Customers 3. Marketplace 4. Resources

Micro Analysis

Page 16: The 7 Principles of Digital Business Strategy & Transformation

iONOLOGY

Micro Analysis

Ambition & Unique Value Proposition

Digital Marketplace Dynamics

Time, Talent & Cash

Customer Data Dynamics

2. Customers 3. Marketplace

4. Resources

1. Know Yourself

Page 17: The 7 Principles of Digital Business Strategy & Transformation

iONOLOGY

1. Know Yourself 2. Customers 3. Marketplace 4. Resources

Micro Analysis

Page 18: The 7 Principles of Digital Business Strategy & Transformation

iONOLOGY

1. Know Yourself 2. Customers 3. Marketplace 4. Resources

5. Position 6. Engine of Growth

7. Tactics

Page 19: The 7 Principles of Digital Business Strategy & Transformation

iONOLOGY

5. Position 6. Engine of Growth

Macro Analysis

Page 20: The 7 Principles of Digital Business Strategy & Transformation

iONOLOGY

© All Rights Reserved iON Technologies Ltd.

What’s Your Online Engine of Growth?

5. Position 6. Engine of Growth

iONOLOGY

Page 21: The 7 Principles of Digital Business Strategy & Transformation

iONOLOGY

Engine of Growth5. Position 6. Engine of Growth

© All Rights Reserved iON Technologies Ltd.

1 2

3 4Attract: Peer review, people sharing our content

Attract: As the biggest online provider in ‘our world’ people find us by brand

Attract: Word of mouth, sales reps and a host of other efforts

Attract: Google ads and other paid for channels

Behaviour: Blogs, insights and opinions Behaviour: To complete a top task

Behaviour: Contact us and about us Behaviour: Looking at our products/service

Purpose: To be seen as a thought leaderPurpose: To grow our digital business through automation, engagement and leadership

Purpose: Our website supports our sales staff and other sales efforts

Purpose: To sell our product/service

Analytics: Strategically we want to be referenced more than anyone else Analytics: Strategically we want to defend

channels while commercialising inventions

Analytics: We aren’t using analytics in decision making just yet

Analytics: Lowering Cost Per Acquisition is our main strategic aim

Select The Statement Most Suited To Your Business

Page 22: The 7 Principles of Digital Business Strategy & Transformation

iONOLOGY

Engine of Growth5. Position 6. Engine of Growth

ExclusiveNiche !

or limited Audience Mass MarketMainstream

Warm!(Comforted)

Mild!(Informed)

Cold (Rational)

Customer Volume

How Customer Perceives Your Business

6

5 7

31

2 4

8

PrimeAuthority

AttentionAdvocacy

All Media

Bought MediaOwned Media

Earned Media

Hot!(Passionate)

© All Rights Reserved iON Technologies Ltd.

Over Here

Industry Leader

SmoothOmnipresence

Members

Shout LoudlyHand Shake

High 5

Page 23: The 7 Principles of Digital Business Strategy & Transformation

iONOLOGY

Campaign 1

Campaign 2

Campaign 3

Campaign 4

5. Position 6. Engine of Growth

© All Rights Reserved iON Technologies Ltd.

Warm!(Comforted)

Mild!(Informed)

5

1

Authority

Advocacy

Mile Marker 2

Mile Marker 3

Mile Marker 1

Mile Marker 4

Page 24: The 7 Principles of Digital Business Strategy & Transformation

iONOLOGY

© All Rights Reserved iON Technologies Ltd.

Strategy Delivery Software

iONOLOGY

Page 25: The 7 Principles of Digital Business Strategy & Transformation

iONOLOGY

How We Do It…

© All Rights Reserved iON Technologies Ltd.

iONOLOGY

Page 26: The 7 Principles of Digital Business Strategy & Transformation

iONOLOGY

How We Do It…

© All Rights Reserved iON Technologies Ltd.

iONOLOGY

Page 27: The 7 Principles of Digital Business Strategy & Transformation

iONOLOGY

How We Do It…

© All Rights Reserved iON Technologies Ltd.

iONOLOGY

Page 28: The 7 Principles of Digital Business Strategy & Transformation

iONOLOGY

How We Do It…

© All Rights Reserved iON Technologies Ltd.

iONOLOGY

Page 29: The 7 Principles of Digital Business Strategy & Transformation

iONOLOGY

How We Do It…

© All Rights Reserved iON Technologies Ltd.

iONOLOGY

Page 30: The 7 Principles of Digital Business Strategy & Transformation

iONOLOGY

© All Rights Reserved iON Technologies Ltd.

Case Study

iONOLOGY

5. Position 6. Engine of Growth

Page 31: The 7 Principles of Digital Business Strategy & Transformation

iONOLOGY

Page 32: The 7 Principles of Digital Business Strategy & Transformation

iONOLOGY

Page 33: The 7 Principles of Digital Business Strategy & Transformation

© All Rights Reserved iON Technologies Ltd.

How?

Page 34: The 7 Principles of Digital Business Strategy & Transformation

© All Rights Reserved iON Technologies Ltd.

Mild!(Informed)

Cold (Rational)

1

4

Advocacy

Persona Planning & Website Design

Process Tools

Training Tactics

Resolve Channel Conflict

Peer Review Engagement & planning

Therapist Induction

Blogger Outreach

Large scale vision/execution content plan

Demand Tests

Propensity to purchase

Production Size Demand

Technology Choices

Video case studies

Setup Basecamp & Move

Staff Training & Culture

Page 35: The 7 Principles of Digital Business Strategy & Transformation

iONOLOGY

Page 36: The 7 Principles of Digital Business Strategy & Transformation

iONOLOGY

Page 37: The 7 Principles of Digital Business Strategy & Transformation

iONOLOGY

Page 38: The 7 Principles of Digital Business Strategy & Transformation

iONOLOGY

Page 39: The 7 Principles of Digital Business Strategy & Transformation

iONOLOGY

Page 40: The 7 Principles of Digital Business Strategy & Transformation

iONOLOGY

Page 41: The 7 Principles of Digital Business Strategy & Transformation

iONOLOGY

Page 42: The 7 Principles of Digital Business Strategy & Transformation

iONOLOGY

Page 43: The 7 Principles of Digital Business Strategy & Transformation

iONOLOGY

Page 44: The 7 Principles of Digital Business Strategy & Transformation

iONOLOGY

Page 45: The 7 Principles of Digital Business Strategy & Transformation

iONOLOGY

Page 46: The 7 Principles of Digital Business Strategy & Transformation

iONOLOGY

Page 47: The 7 Principles of Digital Business Strategy & Transformation

iONOLOGY

Page 48: The 7 Principles of Digital Business Strategy & Transformation

iONOLOGY

Page 49: The 7 Principles of Digital Business Strategy & Transformation

iONOLOGY

Page 50: The 7 Principles of Digital Business Strategy & Transformation

iONOLOGY

Page 51: The 7 Principles of Digital Business Strategy & Transformation

iONOLOGY

Page 52: The 7 Principles of Digital Business Strategy & Transformation

iONOLOGY