Index

  • Page numbers followed by f and t refer to figures and tables, respectively.
  • B
  • Baby boomers, 35–36, 41
  • Bayer Environmental Science, 233–234, 275–278
  • Best practices, 213–242
    • assembling team, 221–226
    • balancing transformation with business as usual, 217–221, 220f
    • harness power of ecosystem, 230–231
    • manage change in the organization, 236–242, 240f, 241f
    • people side of, 213–216, 215f
    • think big, start small, scale fast, 226–229
    • think like an agile start-up, 231–236
  • Bezos, Jeff, 234, 235
  • Bio-printing, 43
  • Blockchain, 254–262, 257f, 259f, 260f, 273–274
  • Boeing, 263
  • Bonnet, Didier, 22–24, 148–149
  • Bottom-Up Health Check, 171, 176, 176f, 179
  • Boundaries, 2, 3, 12–13, 111
  • Brain–computer interfaces (BCIs), 12–13, 246, 247
  • Breakthrough solutions, 12–13
  • Building & Implementing phase, 167f, 172, 208, 209–212, 209f
  • Business:
    • change in pace of, 192
    • digital disruption of, 1–3
    • evolution of, 12
    • existing, balancing transformation and, 217–221, 220f
    • shifting competitive landscape for, 16–17
    • technology trends shaping, see Technology trends
  • Business case, 208, 209–210
  • Business ecosystem, 72
    • disruptive factors in, 177
    • Haier's leveraging of, 81
    • harnessing power of, 230–231
    • influencing stakeholders in, 70–71
    • new entrants to, 169–170
    • and organizational culture, 65–66, 71–77, 73f
  • Business model(s), 1–2
    • in Digital Maturity & Readiness Assessment, 155f, 156
    • as Digital Transformation Building Block, 133f, 134, 144–147, 145f–147f
    • for organization-wide transformation, 128
    • redesigning, 191–193
  • Business Model Canvas, 193
  • Business process reengineering (BPR), 143, 144f
  • Business-technology liaisons, 223–224
  • C
  • Campbell, Kelly, 97–98
  • Change Curve, 114f, 115–118
  • Change drivers, 180–184, 181f–183f
  • Change management, 93–121
    • best practices for, 236–242, 240f, 241f
    • and culture change, 94, 96, 114–118, 114f
    • current short-falls in, 96–98
    • driving digital empathy with purpose, 109–114, 110f
    • effectiveness of, 95
    • Golden Circle concept in, 98–101
    • influencing people in, 118–121
    • leadership of, 82–91, 94
    • “people” elements of, 94–96
    • for purpose-driven organizations, 101–107, 104f
    • setting “North Star” in, 107–109
    • for sustainable transformation, 22
  • Chesky, Brian, 56
  • CIM Financial Service Ltd., 71–72, 143
  • Clever Hans, 247, 248
  • Closeness to customers, 85f, 89–90
  • Collaboration, 17, 23, 149–150, 154
  • Collaborators, as stakeholders, 73f, 76–77
  • Communication, 96–97, 121, 128, 195–196
  • Communications leads, 226
  • Competitive landscape, 16–17
  • Complexity of initiatives, 203–205, 204f
  • Conley, Chip, 64–65
  • Consciousness, 85f, 87–89
  • Conviction, 85f, 90–91
  • Coopetition, 17, 72
  • Coronavirus (Covid-19) pandemic, 5–6
    • Adobe's culture in, 59–60
    • basic needs in, 62
    • business continuity in, 23
    • business pivots in, 126, 140
    • consumer behavior in, 13–14, 102, 138, 145
    • consumption patterns in, 18
    • and digital adoption, 16
    • digital empathy in, 111–112
    • digital solutions in, 135, 136, 139, 141–142
    • and digital transformation, 20
    • Gravity Payments in, 106
    • investment in solutions in, 214
    • mindset shift triggered by, 46
    • Novartis impacted by, 280
    • and online activity, 109–111, 110f
    • organizational cultures in, 55
    • and pace of business, 192
    • RPA market during, 271
    • and virtual reality revenues, 264
  • Culture Design Canvas, 240–241
  • Customers:
    • aligned with brand purpose, 102
    • closeness to, 85f, 89–90
    • as critical success factor, 25–26
    • and digital business transformation, 22
    • disregard for needs of, 21
    • evolving behavior of, 13–16, 145. See also Human behavior
    • expectations of, 137
    • loyalty of, 18, 22
    • as stakeholders, 73f, 75–76
    • “zero distance” to, 79–81, 80f
  • Customer centricity:
    • of culture, 66
    • in Digital Maturity & Readiness Assessment, 155f, 156
  • Customer-Driven maturity level, 157f, 158–159
  • Customer Experience, as Digital Transformation Building Block, 133f, 134–138
  • CV Labs, 54
  • D
  • Dam, Erik, 233–234, 275–278
  • Data, 27–28
  • data42 (Novartis), 83–84, 278–280
  • Decentralized technologies, 254–262
  • Decision-making, 232–233, 239
  • Deep learning, 249, 249f, 250
  • Diamandis, Peter, 109, 243–244
  • Digital Business Evolution Model, 131–133, 131f
  • Digital business transformation. See also specific topics
    • assembling team for, 221–226
    • balanced with business as usual, 217–221, 220f
    • building ecosystem culture to support, 71–77, 73f
    • concept of, 6, 127–133, 129f, 131f
    • Covid-19 pandemic's acceleration of, 5–6
    • critical success factors for, 24–28
    • and disruptive trends, 167, 168, 170
    • global spending on, 22
    • and organizational culture, 66–67, 71–77, 73f
    • starting point for, 148–149
    • sustainable, 22, 97, 165–167
  • Digital Business Transformation Strategy framework, 167–212, 167f
    • Building & Implementing in, 167f, 172, 208–212, 209f
    • Disruptive Visioning in, 167f, 171–172, 184–196
    • Situational Analysis in, 167f, 171, 173–184
    • Strategic Roadmapping in, 167f, 172, 197–208
    • for turning vision into action, 169–171
  • Digital culture, 66–71
  • Digital empathy, 109–114, 110f
  • Digitalization, 129f, 130
  • Digital Masters, 149
  • Digital maturity assessment, 149–154, 151f–154f
  • Digital Maturity & Readiness Assessment, 154–164, 155f–157f, 160f, 184, 199
  • Digital natives, 22, 144, 225
  • Digital organizations, 68
  • Digital Revolution, 34
  • Digital strategy, 165
  • Digital transformation. See also Digital business transformation
    • Bonnet's work on, 23
    • digitization and digitalization vs., 129 130, 129f
    • disruption caused by, 1–5
    • global market democratized by, 3
    • root of, 24
    • sustainable, 123–127, 125f
    • transformation vs., 127
    • waves of impact of, 20–21
  • Distributed ledger technology (DLT), 254
  • Diversity and inclusion, 47
  • Domo, Inc., 109
  • Dot-com companies, 21
  • DowDuPont, 124
  • Drucker, Peter, 192
  • Dual transformation, 217–221, 220f
  • E
  • Elsener, Carl, 162
  • Emerging technologies, 1–3, 243–274
    • artificial intelligence, 247–254, 249f, 251f
    • blockchain and decentralized technologies, 254–262
    • and breakthrough solutions, 12–13
    • convergence of, 273–274
    • extended reality and the metaverse, 261–266, 262f
    • and new business models, 144–145, 145f
    • new data sources for, 28
    • robotics and automation, 269–273, 272f
    • 6D framework of, 243–246, 244t, 245f, 246f
    • 3D printing and additive manufacturing, 266–268
  • Emi Controls, 126
  • Emotions, 31–32
  • Empathy, 59–60, 85f, 87–89, 109–114, 110f
  • Employees:
    • as critical success factor, 28
    • digital skills of, 141–142
    • empowering, 66, 69, 85f, 87, 141
    • engagement of, 195–196
    • purpose sought by, 102–103
    • as stakeholders, 73f, 75
    • workplace culture aligned with, 56
  • Enable level of change, 131f, 132
  • Etsy, 44, 44f
  • Evolutionary transformation, 125f, 126, 131–133
  • Evolving consumer behavior, 13–16
  • Executive sponsors, 223
  • Existence, Relatedness, and Growth (ERG) theory, 62
  • ExO Canvas, 199–201, 200f
  • Extended reality (XR), 261–266, 262f
  • External motivations, 103
  • External stakeholders, 73f, 75–77
  • F
  • Facebook, 165–166
  • Failure, 228–229, 234–235, 237
  • Fisk, Peter, 147
  • Flexibility, 85f, 89
  • Flipboard, 72–73
  • Ford, Henry, 33, 35
  • Ford Motor Company, 33
  • Fowler, Susan, 49
  • Frei, Frances, 50
  • F10 Incubator & Accelerator, 54, 231
  • G
  • Gap analysis, 178, 197f, 198–201, 200f
  • General Electric (GE), 123, 126
  • Generational shifts, 35–39, 103
  • Generation X (Gen X), 35, 41, 47
  • Generation Y, see Millennials
  • Generation Z, 35, 37–38, 46–48, 63, 135–136
  • Gescheke, Charles, 56
  • Gig economy, 44–47, 44f, 45f
  • Gilbert, C.G., 217, 219–220, 220f
  • Global business landscape, 191–192
  • Goals:
    • adapted to all levels, 216
    • alignment of strategy and, 169–170, 215
    • developing, 189
    • evolution of, 163
    • in gap analysis, 198
    • measurable, 105
  • H
  • Haier, 77–82, 80f, 281–284
  • Highsmith, J.R., 166
  • History of digital business transformation, 19–48
    • in 1990s and 2000s, 21
    • and amygdala response, 31–32
    • breakthrough solutions, 12–13
    • companies' approaches to, 22–24
    • consumer impact in, 22
    • and Covid-19 pandemic, 20
    • critical success factors in, 24–28
    • foundation for digital transformation, 20–21
    • generational shifts, 35–39
    • growth in technology investments, 21
    • human factor in, 29–31
    • Industrial Revolutions, 32–35, 34f
    • initiatives to leverage technology solutions, 19–20
    • rapid adoption of digital technologies, 39–43, 40f, 42f
    • rise of gig economy, 44–47, 44f, 45f
    • search for higher purpose, 47–48
    • shifts in human behavior, 32–48
  • Hsieh, Tony, 65–66
  • Human behavior:
    • in achieving digital transformation, 67
    • adoption of digital technologies, 39–43, 40f, 42f
    • amygdala response, 31–32
    • in generating buy-in, 119–120
    • generational shifts, 35–39
    • Industrial Revolutions, 32–35, 34f
    • influencing, 70–71
    • in organizational culture, 69, 70
    • rise of gig economy, 44–47, 44f, 45f
    • search for higher purpose, 47–48
    • shifts in, 32–48
  • Human factor, 29–31. See also People
  • Human–machine interactions, 12–13, 43, 246–247, 246f
  • Human value, maximizing, 78–79
  • Hyper-personalization, 15–16
  • I
  • IBM, 192–193
  • IKEA, 108
  • Implementation roadmap, 143–144, 143f, 144f
  • Implementation team, 225–226, 232–233
  • Independent workers, 45, 45f
  • Industrial Revolutions, 32–35, 34f
  • Information gathering, 173–175, 174f
  • Innovation, 23–24, 180, 192
  • Inside-Out Health Check, 171, 176, 176f, 178
  • Insights, 27–28, 113, 173–175, 174f
  • Inspiration, 100–101
  • Instagram, 2, 4
  • Integrate level of change, 131f, 132
  • Intelligent automation (IA), 271–272, 272f
  • Internal stakeholders, 73f, 74–75
  • Internet, 21, 67
  • Internet of Things (IoT), 28, 273, 274, 281
  • Intrinsic motivation, 103
  • Investment plan, 208, 209–210
  • Ismail, Salim, 31–32, 107, 138
  • J
  • Johnson, M.W., 217, 219–220, 220f
  • Johnson & Johnson (J&J), 123, 124, 126
  • Joie de Vivre Hospitality (JdV), 64–65
  • Joint ventures, 17
  • K
  • Kalanick, Travis, 50
  • Kering Group, 135, 136
  • Khosrowshahi, Dara, 50
  • Kickbox, 57
  • Kodak, 4, 217–218, 244, 245
  • Kubler-Ross, Elisabeth, 115
  • L
  • Leadership:
    • authenticity of, 196
    • buy-in of, 162
    • of change management, 94, 237–238
    • as critical success factor, 28
    • culture as driving force for, 55–59
    • in Digital Maturity & Readiness Assessment, 155, 155f
    • in driving change, 222
    • essential traits for, 82–91, 85f
    • as stakeholders, 73f, 74–75
    • for successful transformation, 77–82, 80f, 148–149
    • training for, 50
    • transformation strategies in, 119–121
  • Lego, 69, 138
  • Low-touch economy, 18
  • Luu, L., 166
  • M
  • McGowan, Heather E., 42–43
  • Machine learning, 249, 249f, 250, 253
  • Malaysian Palm Oil Council (MPOC), 258–259, 259f
  • Management, as stakeholders, 73f, 74–75
  • Marketing leads, 226
  • Marvel, 221
  • Maslow, Abraham, 61
  • Maslow's Hierarchy of Needs, 61–65, 61f, 70–71, 82
  • Massive transformational purpose (MTP), 107–109, 226–227
  • Mastercard, 111–112
  • Maturity levels, 156–159, 157f, 184
  • Measurement, 239, 240f
  • Measures of Success (MoS), 214–215
  • Mercedes Benz, 263
  • Meta, 14
  • Metaverse, 264–266
  • Microsoft, 115, 126, 263
  • Middle managers, 23, 237
  • Millennials (Generation Y), 35–39, 46, 47, 63, 142
  • Mindset(s):
    • abundance, 84–88, 85f
    • agile, 231–236
    • aligning, 162
    • and Covid-19 pandemic, 5, 46
    • influencing, 70–71
    • in organizational culture, 69, 70
    • for sustainable transformation, 22
    • for thriving ecosystem, 230
  • Minimal maturity level, 157, 157f
  • Mission, 169–170
  • Mixed reality (MR), 261, 262f
  • Monarth, Harrison, 119–120, 196
  • Motivations, 81–82, 103
  • Musk, Elon, 43
  • Myndplay, 247
  • N
  • Nadella, Satya, 115
  • Narasimhan, Vasant, 280
  • National Aeronautics and Space Administration (NASA), 263
  • Nestlé, 142
  • Netflix, 14, 15, 126, 144, 145
  • Neuralink, 43, 246
  • Nike, 2, 17, 132
  • “North Star,” 107–109
  • Novartis, 83–84, 278–280
  • Organization, in Digital Maturity & Readiness Assessment, 155, 155f, 156
  • Organizational culture, 49–91
    • of Adobe, 59–60
    • of Airbnb, 50–53, 53t
    • business ecosystem impact of, 65–66
    • Culture Design Canvas, 240–241
    • digital, 66–71
    • and digital business transformation, 71–82, 73f, 80f, 96, 114–118, 114f
    • in Digital Maturity & Readiness Assessment, 155, 155f, 156
    • and digital transformation, 66–67
    • as driving force for leadership, 55–59
    • essential leadership traits, 82–91, 85f
    • and Hierarchy of Needs, 61–65, 61f
    • of start-ups, 54
    • for transformation, 236–238, 240f
    • of Uber, 49–50, 52–53, 53t
  • P
  • Painstorming, 178
  • Partners, 73f, 76–77, 230
  • People. See also Human behavior
    • best practices related to, 213–216, 215f
    • convergence of technology and, 246–247, 246f
    • as critical success factor, 28
    • in Digital Maturity & Readiness Assessment, 155, 155f, 156
    • as Digital Transformation Building Block, 133f, 134, 140–143, 143f, 144f
    • global paradigm shift in, 3
    • influencing, 118–121
    • in managing change, 94–96
    • and success of transformation, 29–31
    • understanding motivations of, 81–82
  • Products, as Digital Transformation Building Block, 133f, 134
  • Productivity, 23, 41, 42f
  • Product licensing, 17
  • Project managers, 225–226, 232–233
  • Prosci, 94–95
  • Purpose:
    • in business transformation, 98–109
    • as critical success factor, 25
    • in digital empathy, 109–114, 110f
    • higher, search for, 47–48
    • setting “North Star” for, 107–109
    • shared, 79, 104, 106
    • value of, 77
  • Purpose-driven organizations, 101–107, 104f
  • Q
  • Quantum Brain Network (QBraiN), 12–13
  • S
  • Saldanha, Tony, 229
  • SAP ERP, 29–30
  • Sasson, Steven, 217–218
  • Satoshi Nakamoto, 255–256
  • Scaling solutions, 211–212
  • Scaling transformations, 226–229
  • Scarcity model, 4
  • Scenario planning, 186–189, 187f
  • Services, as Digital Transformation Building Block, 133f, 134, 138–140
  • Service providers, 73f, 76, 230
  • Shannon, Claude E., 20–21
  • Shift transformations, 125f, 126
  • Shock transformations, 125–126, 125f
  • Siemens, 124
  • Sinek, Simon, 98–101
  • Situational Analysis phase, 167f, 171, 173–184, 173f, 176f, 181f–183f
  • SIX, 231
  • 6D framework of disruptive technologies, 243–246, 244t, 245f, 246f
  • SMAC (social, mobile, analytics, and cloud) technologies, 19, 21
  • Snapchat, 14
  • Social responsibility, 58
  • Stagekings, 140
  • Stakeholders, 70–77, 73f
    • buy-in of, 95–96, 98, 162
    • gathering input from, 174, 175
    • harnessing power of, 230–231
  • Starbucks, 2, 17
  • Start small, 226–229
  • Start-ups:
    • culture of, 54
    • disruptive, 243
    • thinking like, 231–236
    • valuation of, 17
    • weaknesses of, 54
  • T
  • Talent, matching initiatives and, 216
  • Target Operating Model (TOM), 197, 197f, 198, 201–203, 202f
  • Task Rabbit, 45
  • Teams:
    • changing structures/approaches of, 23
    • as critical success factor, 28
    • for digital business transformation, 221–226
    • digital skills of, 141–142
    • implementation, 225–226, 232–233
    • innovation, 180
  • Technology experts, 224
  • Technology trends, 11–18
    • emerging technologies and breakthrough solutions, 12–13
    • evolving consumer behavior, 13–16
    • rise of low-touch economy, 18
    • shifting competitive landscape, 16–17
  • TED Talks, 108
  • Thinking big, 226–229
  • Think like an agile start-up, 231–236
  • Thomas-Hunt, Melissa, 52
  • 3D printing, 188, 266–268
  • Thunberg, Greta, 47–48
  • TikTok, 13–14
  • Toffler, Alvin, 185, 186
  • Top-Down Health Check, 171, 176, 176f, 178–179
  • Toshiba, 123–124, 126
  • Transformation, digital transformation vs., 127–131
  • Transformational changes, 242
  • Transformational maturity level, 157f, 159
  • Transparency, 52
  • Trend Scan, 177, 180–184, 181f–183f, 199
  • Trojan War, 118–119
  • Turing, Alan, 250
  • Twitter, 2, 17
  • U
  • Uber Eats, 40
  • Uber Technologies, Inc. (Uber), 14, 15, 44, 44f, 45, 49–53, 53t, 137
  • US Marine Corps, 263
  • United Technologies, 124
  • University of Plymouth, 12–13
  • Ünlü, Nazim, 83–84, 278–280
  • Upskilling, 43, 142–143
  • Upwork, 44, 44f
  • V
  • Value:
    • adding/creating, 120, 146, 166, 175
    • in business model development, 145
    • of initiatives, assessing, 203–205, 204f
  • Values:
    • of Adobe, 56–59
    • of Airbnb, 52
    • benefits of, 77
    • in core business strategy, 105
    • influencing, 70–71
    • in organizational culture, 69, 70
    • as part of organizational culture, 55
    • shared, 104, 105
    • of start-ups, 54
    • of Uber, 49–50
  • W
  • Walkers Snack Foods Ltd, 69–70
  • Walmart, 32
  • Warnock, John, 56
  • WHY/HOW/WHAT approach, 108–109, 189
  • Widiba Bank, 146–147, 146f, 147f
  • Working models, 23–24, 33
  • Working style, 240
  • World Wide Web, 21
  • Z
  • Zappos, 54, 65–66
  • “Zero distance” to customers, 79–81, 80f
  • Zidisha, 147
  • Zipcars, 147
  • Zynga, 147
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