New Leadership Challenges
What is new?
The following list represents the Intent-X compilation of 20 major changes from Traditional to Digital Leadership.
From Traditional Leadership
To Digital Leadership
Era Name
Third Industrial Revolution
Fourth Industrial Revolution
Era Focus
IT-Automation of Industries
Digital Transformation of Industries
Generation Name
Generation X
Generation Y, Millennials
Revenue Streams
Products and Services
Data, Products and Services
Innovation Strategy
Research and Development
Open Innovation, Innovation Eco-System
Development Process
Waterfall, Agile
Lean Hypothesis Testing, Agile, Waterfall
Continously and rapidly
*) "VUCA World" = World of
V - Volatility
U - Uncertainty
C - Complexity
A - Ambiguity
Success Indicator
Market Share
Adaptability, Scalability, Market Share
Strategy Planning
Evidence based in a predictable world,
1 year review cycle
Assumption based in a VUCA*) World,
3 month review cycle
Preferred Leadership Character
Conformists
Non-Conformists
Development Focus
Product centric
Customer centric, integrated Use Cases
Interfaces
Physical
Virtual
Organization
Static
Fluid
Competitive Landscape
Relatively stable
Fast changing,
non-traditional Competitors
Strategy Planning
Evidence based in a predictable world,
1 year review cycle
Assumption based in a VUCA*) World,
3 month review cycle
Knowledge Focus
Domain Knowledge uses IT-Knowledge
IT-Knowledge uses Domain Knowledge
Leadership qualification
MBA Diploma
Technical Diploma with Business and
"Silicon Valley" Experiences
4Ps
Product (or Service), Place, Price and Promotion
Passion, Purpose, Perseverance and Personality
Leading and Learning
From past Experiences
From the emerging Future
Maintaining and optimizing
theStatus-quo
Challenging and disrupting
the Status-quo
Mindset
Occasionally
Pace of Change
Watch a panel of Digital Leadership Champions sharing their best Practices
Source: World Economic Forum 2016,
What big bets are companies making in the digital transformation of their business models and organizational structures?
On the agenda:
- Defining digital transformation
- Making the right investment decisions
- Designing a digital culture
Speakers:
-Marc R. Benioff, Chairman and Chief Executive Officer, Salesforce, USA.
-Klaus Kleinfeld, Chairman and Chief Executive Officer, Alcoa, USA.
-Jean-Pascal Tricoire, Chairman and Chief Executive Officer, Schneider Electric, France.
-Bernard J. Tyson, Chairman and Chief Executive Officer, Kaiser Permanente, USA.
-Meg Whitman, President and Chief Executive Officer, Hewlett Packard Enterprise, USA.
Moderated by Rich Lesser, Global Chief Executive Officer and President, Boston Consulting Group, USA.