Strategic Foresight - Insights in Business and Technology

Why Management Consulting Will Be Disrupted: Part 2 Why  Do So Many Incompetent Men Become Leaders How US Department of Veteran Affairs Transformed IT 7 Paradoxical Sales Principles How India Got Its Funk Stop Judging and Start Learning

Credit: Gartner My popular post on Digital Transformation  

Easy Credit Dries Up, Choking Growth in China - NYTimes.com IT Doesn't Matter (to CEOs) iOS vs. Android: What App Platform Should I Choose? Sales Manager or Sales Leader: Which are You? Why Management Consulting Will Be Disrupted: Part 1 The Key to Happy Relationships? It’s Not All About Communication

A great slide on Benchmarking  IT spend averages across the industry Source : Gartner.com  Source : Forrester.com

With the Australian Payments Clearing Association (APCA), the banks - including ANZ, Bendigo and Adelaide Bank, Citi, CBA, Cuscal, NAB, and Westpac - submitted this attached to make this happen in February. KPMG has won a competitive tender to become programme manager, the plan now is to put out a request for tender next year, and selection of the key elements of the operating system.  

A fantastic speech By - Ian McLeod, Coles Managing Director, "What happens when Coles keeps prices down?”. Transcript below, its a good read.

I have made some more progress towards my effort on  Digital Transformation as shown in the embedded presentation. More needs to be done, but sharing some insights on what I have done until now. Feedback is always welcome. 

  Different organisation require different approach for leveraging benefits from digital transformation in their evolution. Pure Digitisation leads to expansion of core business to digital platforms. Pure Transformation leads to change in traditional business model to a new type of business model. Combination of executing Digitisation (services and platforms) and Business Transformation (transforming culture and business model) in parallel is less agile and is a challenging task to achieve. However this is the best option, executing either option individually or sequentially will not give the desired outcome.