cover of episode The Boss Says We're an Innovation Company Now

The Boss Says We're an Innovation Company Now

2021/7/25
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The Cloudcast

Shownotes Transcript

Your leadership states that you’re no longer in an <xyz> company, but instead you’re now an innovation company. How will that transition play out over the next few years?

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**SO THE BOSS DECIDES THAT YOU’RE AN INNOVATION COMPANY **

For large companies, how do you manage a major transformation, which extends across both technology and culture?  

WHAT WORKS, WHAT BREAKS, WHO STAYS and WHO LEAVES?

  • Airlines are fearful of video conferencing
  • Streaming companies are fearful of gaming companies
  • Automotive companies are about technology more than horsepower
  • When farm equipment companies become farmer data companies?

Gracely’s Theorem #2 - Digital Transformation is drawing a straight line between your company and your customers, via the Internet. 

  • Who and What gets left out? 

  • What gets prioritized? 

  • Who is your competition?

  • What timelines have been communicated to the market, partners, stakeholders, customers?

  • What are the initial focus areas? 

  • How do you plan to measure success? 

  • What will be the wins in the first 3 months, 6 months and 12 months? 

  • Do you understand the importance of communicating these wins?

  • How willing are you to ask for help, accept help, and pay for help?

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