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DOCUMENT DESCRIPTION
About 50% of the 2000 Fortune 500 does not longer exist and the rate of attrition is accelerating due to Digital Disruption and Transformation. Why? Is business failure driven by internal management decisions or external circumstances beyond management control?
How long would it take for you and your C-suite to realize that you have been outsmarted by new competitors? Are you a target of digital disruption? What is the risk of your Digital Transformation Strategy and How to measure the business value of your Digital Transformation Strategy?
This document shows how to apply the 7 Laws of Digital Transformation, Growth and Value Creation in order to measure and predict the success of your Digital Transformation journey and to compare your results against the Best In Class.
In essence, this framework enables you to self-assess and measure your risk of disruption, your Digital Transformation journey and benchmark your gap to the Best In Class.
A new and unique feature of this document is that includes a complimentary 3 months subscription to SIMMETHOD's Risk Alerts that will help you to apply the concepts of the document in your own company.
"SIMMETHOD unique system of risk reduction early warning value chain and industry leading indicators set up against a constantly updated competitive intelligence database provides hard to obtain insights into threats and opportunities. This is a powerful methodology needed in the marketplace". Steve Maloney, Strategic Account Executive at Salesforce.
"SIMMETHOD is the ability of any principal within a business to navigate a myriad of financial processes and arrive at the focal point of what makes the business successful. It is a comprehensive methodology that translates a company's strategic objectives into a coherent set of performance measures, ultimately adding real dollars to the bottom line". Edmund Khalaf, Group VP and Asia Pacific CFO, Randstad.
"What we wanted were indicators that assisted us to determine trends in our business, provide us with a better insight into our business in relation to resources and the way it was moving and help us to identify early on any potential problem areas. SIMMETHOD's risk alerts helped us to systematically develop the link between action plans, resource utilization and monitoring our business. As a direct result, we have been able to make our staff more aware of our achievements and increase their participation in developing and achieving our business plans". John Clark, COO, AM Finance Corporation.
"Consider SIMMETHOD to link Business Intelligence and analytics software to business performance improvement". Boris Evelson, VP of Business Intelligence, Forrester Research.
Some of SIMMETHOD's clients:
City of Sterling Western Australia, NRMA Training Department, Ernst & Young Spain, Telecom New Zealand, CAECE University Argentina, Department of Prime Minister And Cabinet Australia, Waverly City Council Australia, Department Of Foreign Affairs And Trade Australia, Department Of Primary Industries Australia, Cynamid Australia, Zurich Insurance Argentina, City Of Rosario Argentina and Westfield.
Got a question about the product? Email us at support@flevy.com or ask the author directly by using the "Ask the Author a Question" form. If you cannot view the preview above this document description, go here to view the large preview instead.
Source: Best Practices in Digital Transformation PowerPoint Slides: The 7 Laws of Successful Digital Transformation and Growth PowerPoint (PPTX) Presentation, SIMMETHOD Digital Disruption Benchmarks
ABOUT THE AUTHOR: SIMMETHOD DIGITAL DISRUPTION BENCHMARKS
Back in Argentina where I grew up, my parents sent me to buy 10 meters of rope for our sailing boat. To my surprise, the owner of the shop asked me to measure and cut the rope on my own.
I could not let the opportunity pass, so I measured and cut 11 meters of rope. I handed them back to the shop owner and with a big smile I said:"Here they are, 10 meters of rope".
[read more]
The shop owner thanked me with an even bigger smile and replied: "Thank you so much" and as he proceeded to put them on a scale he advised me" "We sell them by the kilo".
This incident started within me a passion for success metrics, leading indicators, benchmarking and Best in Class performance and gave birth to SIMMETHOD driven by the belief that: The way you measure will determine your results.
However, in the new era of intelligent products, the Internet Of Things and digital economy, is the way we measure corporate risk and performance broken and failing the C-suite as evidenced by the latest research?
In spite of billions of dollars spent on predictive analytics, forecasting and business intelligence, why do business fail to perform or continue to miss their targets? Is it due to internal decision making or external circumstances beyond management control?
As uncovered by the Fortune 500 Editorial Team, SIMMETHOD's premise is simple: businesses will succeed or fail due to internal decision making rather than external circumstances beyond management control.
Consequently, to improve the quality of your decision-making capabilities, SIMMETHOD's algorithms review 1000's of financial, operational and crowd sourced data across a range of industries to uncover why some businesses keep on winning irrespective of external market conditions and prepare unique Best In Class profiles and risk alerts that will enable you to:
1) Calculate your gap to Best in Class performance and set up early warning risk alerts,
2) Measure and predict your ability to strategize and execute against the market Best in Class,
3) Align the metrics of your CIO and CMO to your CFO,
4) Fend of current and future competitors and
5) Enable you to disrupt yourself in a measurable, controllable and predictable way in order to become a digital transformation Best In Class
SIMMETHOD Strategy And Execution Performance Predictive Metrics, benchmarks and Risk Alerts (winner of an Australian Top Ten Innovation Award) were created by the wisdom of the crowds and Jorge Tabacman, a former recipient of Honeywell's Pacesetter award for Professional Excellence, Westfield's CIO and award winning lecturer and consultant, the author of a book: Converting Information Into Assets and the developer of performance improvement and risk minimization social media channels with over half a million readers including over 300 global Universities and Colleges
SIMMETHOD Digital Disruption Benchmarks has published 2 additional documents on Flevy.
DETAILS
This business document is categorized under the function(s): Organization, Change, & HR Strategy, Marketing, & Sales
It applies to All Industries
File Type: PowerPoint (pptx)
File Size: 4.6 MB
Number of Slides: 69 (includes cover, transition, & marketing slides)
Related Topic(s): Digital Transformation
Purchase includes lifetime product updates. After your purchase, you will receive an email to download this document.
Terms of usage (for all documents from SIMMETHOD Digital Disruption Benchmarks)
Initial upload date (first version): Jul 16, 2018
Most recent version published: Jul 18, 2018
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