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Change Agents How Consumer Centric Technology Companies Are Changing the World and How to Survive | @KylePLacy 10/23/17

Surviving the Change Agents - How Business Survive the Next Evolution

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Page 1: Surviving the Change Agents - How Business Survive the Next Evolution

Change AgentsHow Consumer Centric Technology Companies Are Changing the World and How to Survive |

@KylePLacy 10/23/17

Page 2: Surviving the Change Agents - How Business Survive the Next Evolution
Page 3: Surviving the Change Agents - How Business Survive the Next Evolution

My Career

Page 4: Surviving the Change Agents - How Business Survive the Next Evolution

Lessonly is used by thousands of teams

to translate important work knowledge

into lessons that accelerate productivity.

Page 5: Surviving the Change Agents - How Business Survive the Next Evolution

We must understand change.

Page 6: Surviving the Change Agents - How Business Survive the Next Evolution

Louis CK Video

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Why is this happening?

Page 8: Surviving the Change Agents - How Business Survive the Next Evolution

Companies are struggling to

keep up with the rate of

modern change

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TechnologyR

ate

of

Ch

an

ge

Time

Deloitte University Press | dupress.deloitte.com

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Technology

Highest Performing Teams

and Businesses

Ra

te o

f C

ha

ng

e

Time

Deloitte University Press | dupress.deloitte.com

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Technology

Highest Performing Teams

and Businesses

Ra

te o

f C

ha

ng

e

Time

Typical Businesses

Deloitte University Press | dupress.deloitte.com

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My morning

before 8am…

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Deloitte University Press | dupress.deloitte.com

Ra

te o

f C

ha

ng

e

Time

Individuals

Technology

Highest Performing Teams

and Businesses

Typical Businesses

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Deloitte University Press | dupress.deloitte.com

Ra

te o

f C

ha

ng

e

Time

Highest Performing Teams

and Businesses

Typical Businesses

THE

DIVIDE

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The gap between those who can find,

create, manage, process and

disseminate information and those

who are impaired in the process.

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The impact of this divide is real.

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“People are falling behind because

technology is advancing so fast

and our skills and organizations

aren’t keeping up.”

— Erik Brynjolfsson, MIT

Page 18: Surviving the Change Agents - How Business Survive the Next Evolution

Netflix vs. Blockbuster (2004 - 2010)

$6 Billion

Time

$4 Billion

$2 Billion

$0

Blockbuster Revenue

Netflix Revenue

Page 19: Surviving the Change Agents - How Business Survive the Next Evolution

Netflix vs. Blockbuster (2004 - 2010)

$6 Billion

Time

$4 Billion

$2 Billion

$0

Blockbuster Revenue

Netflix Revenue

Page 20: Surviving the Change Agents - How Business Survive the Next Evolution

Netflix is a $60 billion company.

That’s 12x Blockbuster’s peak value.

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“Companies rarely die from moving too fast,

and they frequently die from moving too slowly.”

—Reed Hastings, Netflix

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Industrial

Revolution1760-1840

Cotton Gin

Steam Engine

Bessemer Process

Model T

Telephone

Transistor

Page 23: Surviving the Change Agents - How Business Survive the Next Evolution

Industrial

Revolution1760-1840

Information

Revolution1940-1990

Computers

Radio

Television

Internet

Cotton Gin

Steam Engine

Bessemer Process

Model T

Telephone

Transistor

Page 24: Surviving the Change Agents - How Business Survive the Next Evolution

Industrial

Revolution1760-1840

Information

Revolution1940-1990

Consumer

Revolution2000-2016

Mobile

Social

SaaS

Cloud

Machine Learning

Computers

Radio

Television

Internet

Cotton Gin

Steam Engine

Bessemer Process

Model T

Telephone

Transistor

Page 25: Surviving the Change Agents - How Business Survive the Next Evolution

Industrial

Revolution1760-1840

Information

Revolution1940-1990

Consumer

Revolution2000-2016

Intelligence

Revolution2020+

Mobile

Social

SaaS

Cloud

Machine Learning

Computers

Radio

Television

Internet

Cotton Gin

Steam Engine

Bessemer Process

Model T

Telephone

Transistor

Nanotechnology

Artificial Intelligence

Virtual Reality

Deep Learning

Blockchain

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SURVIVING CHANGE

We need to understand the trends to survive.

• Micro-Moments

• Data at Scale

• Assisted Intelligence

• Machine Intelligence

Page 28: Surviving the Change Agents - How Business Survive the Next Evolution

1. Micro-Moments

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29

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We are the Google Generation.

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100,000,000,000Number of monthly Google searches

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When you need it now

Type to search

Google Search I’m Feeling Lucky

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FB Mobile = 1,100,000,000

monthly active users

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1999

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JUST-IN-TIME: denoting a

manufacturing system in which

materials or components are delivered

immediately before they are required in

order to minimize inventory costs.

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“Amazon says it may box and ship products

it expects customers in a specific area will

want—based on previous orders and other

factors…”

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@KYLEPLACY

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CUSTOMER

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CONSUMER

Page 44: Surviving the Change Agents - How Business Survive the Next Evolution

AND THE

EXPERIENCE

IS SEAMLESS

Page 45: Surviving the Change Agents - How Business Survive the Next Evolution

@KYLEPLACY

Page 46: Surviving the Change Agents - How Business Survive the Next Evolution
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“…Amazon blimps would circle over cities at

45,000 feet and launch drones carrying

orders. The drones would initially fall to

earth relying largely on gravity, and their

motors would fire up for the final stretch.”

Source: http://money.cnn.com/2016/12/29/technology/amazon-aerial-warehouse/

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2. Data at Scale

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“We must move from numbers

keeping score to numbers that

drive better actions.”

— David Walmsley

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A rorschach test…

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EXAMPLE OF AN IMPACT SLIDE TEXT

Example of supporting information or sourcing information goes here

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How do you feel?

Page 60: Surviving the Change Agents - How Business Survive the Next Evolution

EXAMPLE OF AN IMPACT SLIDE TEXT

Example of supporting information or sourcing information goes here

Page 61: Surviving the Change Agents - How Business Survive the Next Evolution

Now?

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70% of technology

implementations fail because

of bad data.

— Forrester

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There is one source of truth and

everyone is responsible for keeping it

clean.

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File Management and Email Chat and Collaboration

Project & Process ManagementLearning and Development

Journey & Email Management

Data Management List Development

CRM

Business Intelligence

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@KYLEPLACY

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@KYLEPLACY

Page 68: Surviving the Change Agents - How Business Survive the Next Evolution

3. Assisted Intelligence

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@KYLEPLACY

Page 70: Surviving the Change Agents - How Business Survive the Next Evolution

Meet Amy Ingram

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“If Alexa were a human assistant,

you’d fire her, if not have her

committed.”

- Farhad Manjoo

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Machine Intelligence

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ASSISTED INTELLIGENCE

What needs to happen to gain true machine intelligence?

• Deep Learning

• Natural Language Processing

• Quantum Computing

Page 79: Surviving the Change Agents - How Business Survive the Next Evolution

Deep Learning

is a subfield of machine learning concerned

with algorithms inspired by the structure and

function of the brain called artificial neural

networks.

Page 80: Surviving the Change Agents - How Business Survive the Next Evolution

Location Based

Intelligence

Personalization &

Interaction Engine

Reverse Logistics

Solution

Personalization

Engine

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Natural Language Processes (NLP)

is the ability of a computer program to

understand human speed as it is spoken.

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Deep Learning & NLP

More data + More Intelligence = Highly

Personalized Experiences

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Final Thoughts:

How do we adapt?

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Deloitte University Press | dupress.deloitte.com

Ra

te o

f C

ha

ng

e

Time

Individuals

Technology

Highest Performing Teams

and Businesses

Typical Businesses

THE

DIVIDE

Page 86: Surviving the Change Agents - How Business Survive the Next Evolution

The company is viewed as an agile

network, empowered by team

leaders and fueled by collaboration

and knowledge-sharing.

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The creation and management of the

customer experience is the only

thing that makes you relevant.

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[email protected]

@kyleplacy