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Keep it Simple

By Christian on 16th March 2016 in Big Data, CIO, Cloud, Complexity Management, Customer Experience, IT-Enabled Business Innovation

The age-old adage of ‘keep it simple’ could never be more prevalent in today’s world.

With the sheer mountain of data growing exponentially within organisations every day, and the raft of applications and platforms in use, it’s very easy to make everything more complicated than it needs to be.
Keeping on top of technology used within your company is difficult enough as it is, without contemplating prototyping and trialling other options that your suppliers, network or your own research informs you about.
This leads to complicated matrix-style organisational structures that require skilled resources to support specific applications, and fill you with dread every time you get a holiday request from key staff or worse a resignation letter. Throw digital requirements into the mix, as well as the need to innovate, and your organisation quickly gets a lot more complicated.

That’s why it’s so important to standardise and reduce proprietary systems as much as you can. These more standardised platforms will not only let you markedly reduce the complexity of your organisation, but will also allow a much easier ride when recruiting staff into key areas due to their more plentiful availability in the market.

I know not everyone feels the same, but when you think along the lines of standardising your platforms and/or systems, you start to see the appeal of the cloud. A well interfaced, easily accessible application, which allows you some form of customisation, but not the wholesale changes your business owners normally request, and all wrapped up in a nice business continuity assurance bow.

Another key feature of cloud adoption is the ability to upgrade and take on new features or improvements at a far more rapid rate than you can on your internal and more proprietary systems. This means not only simplifying your architecture, but getting key new features to your business units more frequently, who will be able to do more at a faster rate than before, and which ultimately may well give them the competitive advantage they were looking for.
Obviously, the majority of you will end up with a blend of cloud and internally hosted systems, but in the quest for a simpler and less complex organisation, you should never discount any form or way of best serving your business.

By now you’re thinking this is easier said than done, and that everyone’s nirvana is to have standardised platforms with simple and straightforward support structures, but it’s just not achievable with everything else going on. If you plan, budget and structure your architecture correctly, you can phase your way through towards this ‘nirvana’ at a more rapid rate than you think.

This simple and standardised structure will allow you more scope to better manage and serve your organisations, as well as making it far easier to roll out any new products or solutions and integrate any acquisitions.

Your organisation will thank you for your efforts, so good luck with your journeys and remember to keep it simple.

This post has also been featured on the HP Business Value Exchange here

You Snooze, You Lose

By Christian on 8th March 2016 in CEO, CIO, Complexity Management, Customer Experience, Innovation, IT-Enabled Business Innovation

I’ve written in the past about how to foster and grow innovation within your organisation, however, the number one response I hear from firms I work with is how they would love to innovate, but due to the complexity of their business they don’t know where to start, what to prioritise or how to make the time to get started.

My response is always to not think negatively and look to stifle innovation before you’ve even begun, but to start by talking to key stakeholders, customer-facing staff and your actual clients to find out what their business critical issues are, and work together to find out where and how you can help.

Often through this exercise, you find that just by reallocating resources or efforts from one thing which isn’t working to another that will yield tangible results is a great first step. This not only energises your staff, but more importantly re-engages your clients when using your products and solutions.

Some may say that this is not innovation in its truest form, but the companies that are smart enough to be proactive and re-engage their clients through these straightforward exercises will be the ones that win their future contracts and support. Those that don’t and then wonder why their forecasts need to be constantly updated and their revenues sharply decline will quickly follow suit, but with a delayed response that may prove difficult to catch up. Make the time now and don’t fall further behind your competitors, who are actively allocating time and resources to this, as well as working hard on reducing their internal complexity and inertia. Those that do stifle innovation and put it off are those most susceptible to the disruptors that are now operating within most formalised industries.

These disruptors are not only looking to have a share of your industry, they are looking to consume your key revenue streams and will quickly devour those with a lazy or old-fashioned approach to innovation and change. Your clients are more technically savvy and service oriented than they have ever been, and will quickly migrate to these new industry charges even if they do have a few rough edges. A good reputation is key to any organisation, but living off the past and not moving forward is the biggest sin of all.

When you reverse engineer a strategy and work from the customer inward, the most startling revelation is often how more straightforward and agile you need to make your organisation versus the complex and multi-layered behemoth you have in place, which has grown exponentially over a long period of time. This is a key reason why larger companies with these huge, complex back-ends with structured process and formalised procedures find it harder to innovate.

Many are now forming innovation units within their organisations to work and partner with start-up incubators and accelerators, to engage with innovative and game-changing start-ups (a lot of the work I do). This includes larger corporates acquiring these nimbler and more agile start-ups, looking to integrate them and their services in to their front line services to their feature-hungry clients.
The main problem here is that the more creative staff that they bring across quickly tire of the formalities and procedure laden nature of their new host and look to exit quicker than planned.

This rigidity and reluctance to ‘free up’ these more creative individuals from your normal working practices not only contradicts the very reason you acquired them in the first place but continues to stifle innovation, as well as making it a very expensive and time-consuming process to boot.

Don’t let the complexity of your organisation and your faith in the past stop you from innovating and charging ahead.

This post has also been featured on the HP Business Value Exchange here

Everyday Innovation – Small steps to big progress

By Christian on 24th December 2015 in CEO, CIO, Customer Experience, Innovation, IT-Enabled Business Innovation

Organisations can be obsessed with producing the next big industry innovation, and then become profoundly disappointed when it does not occur at the pace or scale they want. Naturally, everyone wants to speed up their innovation cycle beyond one or maybe two genius ideas every one to two years, but this cannot be expected and is exceptionally hard to maintain.

In recent years, we have all seen Apple release game-changing products that disrupt entire markets, but what we don’t know is the lead time from initial idea to market release. The company concentrates and focuses on innovation at a level never before seen in the commercial world: for example, it has over 800 people solely dedicated to working on the iPhone’s camera. It is open about the power of its open and innovative culture, which supports its ability to deliver these amazing products, and more importantly, it’s always quick to register that without the support and efforts of the whole organisation they would not be achievable.

To maintain a level of innovation or to bring your organisation up to speed, you will need to alter or adapt the culture and mindset of your organisation to one that not only fosters but also rewards it. This focus is important, as being able to produce the next big industry disruptor will happen more readily within a culture that fosters everyday innovation. By creating this type of culture within your organisation, you will be producing a foundation for the delivery of game-changing and more disruptive innovation through the small everyday advances and innovative solutions to everyday problems that create an inventive business culture.

Through working with an everyday innovation mindset your employees are more likely to spot small issues before they spiral in to larger concerns, or industry trends you may be adhering to for too long, which your competitors are moving away from with tangible results.
With this mindset, your staff are more likely to broaden their personal horizons and working practices to a more inquisitive one that includes studying the commercial advances or stagnation of competing offerings and to engage more with your clients, so as to provide them with the highest levels of relevant product and customer experience.

The culture of innovation has to start within the leadership of your organisation and then instilled in every employee with a sense of common purpose and practice. Crucially time, reward and resources must be given to individuals to allow them to develop and nurture their ideas, with a view to possible implementation, or at least further discussion.
There is no point in permitting a culture in which individuals or teams can recognise and discuss possible issues, and then not allow them the time to foster, nurture and implement them.
In fact, it could be the most counterproductive tactic you could take, and the fastest route to upsetting and demotivating your staff.

Empowering your workforce with this culture will not only lead to commercial success but enable you to create a challenging and enjoyable place of work, which will allow you to retain your best staff and be a draw to others. This may mean making your culture less risk averse, but if you always play safe, then your results will remain stagnant and innovation stifled.

Fostering a culture of everyday innovation where incremental advances are made steadily and at a manageable and digestible pace will deliver a commercially successful and healthy organisation, which others will want to emulate.

This post has also been featured on the HP Business Value Exchange here

Don’t become the disrupted

By Christian on 7th December 2015 in C-Suite, Digital Disruption, Digital Transformation, Disruption, Emerging Technologies, Innovation

The Oxford Dictionary defines the word ‘disruption’ as a disturbance, or problems that interrupt an event, activity or process. In modern terms, it’s defined more simply as the change that occurs when new digital technologies and business models affect the value proposition of existing goods and services.

The truth is that its mere definition can strike fear and elation into senior executives, depending on which end of the disruption stick they are holding, and break the most confident and entrenched market leaders.

It’s not about being trendy or cool, as these monikers only last for a finite period, but if a new technology or disruptive service hits the market and ticks the boxes of both practicality and price, even the most trusted brands will suffer and their market share ebb away accordingly.

It’s up to organisations to stay sharp and continue to innovate their own products and services, while all the time monitoring emerging technologies to not take their eye off the ball.

Even when taking this in to account, one of the biggest barriers I have seen within large organisations is that even once an external disruptive influence has been identified and a solution defined, time isn’t given to the person or team to implement it properly to stave off the competition.
If you don’t allocate time to these types of employees for such activities, they will quickly migrate to organisations that do or even start their own to compete with you.

The oft-mentioned words of, “it will never catch on” or “we’ve got plenty of time before it claims any serious market share” are immortalised around some of the objects such as the internet and Apple’s iPhone, which we use so readily today. Those now extinct organisations who failed to catch on quickly enough are now only remembered for these ill-timed statements, and the quality of how not to do it case studies at leading business schools.

Companies like Netflix, which owns a large proportion of the streaming market, are savvy enough to know that having initially been key disruptors of their own market, they must constantly innovate and develop new services to maintain, let alone grow, their market position.

Almost all industries are now ripe for disruption, with the position of market leader now somewhat meaningless with the fluidity and emergence of new technology happening almost daily. Even regulated markets such as insurance and financial services are being disrupted, with smaller more agile startups providing meaningful and innovative disruption.

In the current era where the world’s largest taxi firm, Uber, owns no cars, the world’s largest accommodation company, Airbnb, owns no accommodation, and the world’s most valuable retailer, Alibaba, carries no stock, you could say that the commercial vista is unrecognisable from only a few years ago.

We are in a fascinating time where the boundless leaps technology is making, and the complex products and solutions it now allows us to create, are infinite. Far beyond what we could have imagined.

Key to all of this is the rise of consumerisation and the thirst for digital services that make once awkward activities, such as banking and shopping, all capable of being completed without ever leaving your house.

It’s up to organisations to keep pace with these disruptors and emerging technologies, and adapt their products and services accordingly to meet the changing demands and needs of their customers. Those that don’t will be consigned to the past and rightly disrupted by those that can!

This post has also been featured on the HP Business Value Exchange here

The Innovation Dilemma

By Christian on 7th December 2015 in C-Level Executives, C-Suite, Innovation, Start-Ups, Strategy, Thought Leadership

In todays commercial arena, innovation is critical to grow and position your company as a leader within its market(s), and position it above its competition but many don’t know where to begin nor how to foster and drive it within their organisation.

At a recent roundtable I ran, we discussed innovation and its use as a driving force for revenue growth. The roundtable attendees were IT leaders from a number of large enterprise organisations and hailed from all over Europe ready for an engaging discussion (no pressure!).
We started the discussion by going around the room asking everyone what the barriers to innovation were in their organisations.
There were a number of recurring points which weren’t surprising, such as who should own innovation across the organisation, and how do they foster and engage innovation within their organisations and prioritise the elements of it accordingly.

What did surprise me however were comments such as “what exactly is innovation?” and “is delivering new products, ideas or services that improve revenue just me doing my job well?”
I hadn’t expected to hear this but it really made sense and drove our discussion on to how do you measure innovation against doing your job well – not an easy task but if you are set an innovation target within your organisation be it revenue or service focused its a crucial one you will need to resolve.

This really highlighted to me that though every organisation is trying their damnedest to deliver innovation, what they are really struggling with is how to foster, engage with and measure it accordingly in relation to it adding tangible value.
How do you truly measure innovation? Is it through your product creation team delivering the right products to the right markets and capturing critical commercial momentum or simply altering an online process to make it easier for clients to register themselves?

The truth is that in any organisation where free thinking and entrepreneurial activity is encouraged, not stifled and is coupled with hard-working smart employees, you are going to get innovation.
You are also going to create a great working environment which will attract more smart, hard-working people who can create better products and services which create additional revenue and clear competitive advantage – what’s not to like!
Many of you will be thinking this is a brave commercial stance but you cannot argue with the results of those that do change their business strategy and working models like this. It may be hard work and anathema to some but the changing of the guard with relation to that of the traditional executive way of thinking is underway as millennial ideologies and commercial practices seep further into enterprise organisations as they rise up the executive ladder.

There are many ways in which larger organisations are trying to increase their rate of innovation such as creating innovation labs and associated teams to partner with start-up incubators like MassChallenge who do a fantastic job in this space and are non-profit.
JLAB at John Lewis is an excellent example of one such innovation hub where they are encouraging start-ups to come to them and compete to win unique access to John Lewis who will help them refine their products and their business models with the final prize being the opportunity of securing a contract with them.
Others such as UBS who are looking at new technologies which will disrupt their industry such as Blockchain and have set up labs and an open competition for entrepreneurs and technology startups around the world to compete for funding. These are fabulous opportunities for new and established start-ups to work with established corporates and really fosters the growth of innovation and entrepreneurship in our society and I am very much in favour of these efforts.

In today’s world where technology enables us to achieve so much of what we only dreamed possible a few years ago and most people now so attuned to it there really is no argument for not enabling and fostering innovation within your organisation. You now have to concentrate on changing your culture to incorporate, foster and grow innovation within your organisation. It will be hard work, but boy will it pay you back, and it might just be the best thing you’ve ever done.

This post has also been featured on the HP Business Value Exchange here

Cyber Security – Don’t Be Tomorrows Front Page News

By Christian on 10th November 2015 in C-Suite, CIO, CISO, Security

It’s all too easy to relax your stance on combatting cyber security but in truth every organisation is at risk. Larger attacks are front page news for the media but small and medium-sized businesses are prime targets.

A PWC survey found that companies with revenues under £50m actually cut security spending by 20% in 2014, compared to a 5% increase in security investments by larger companies – making smaller organisations an attractive prospect for hackers. It may just be a case of haggling with suppliers to save the difference in costs or surveying the market for a better and more secure solution at a lower cost but you cannot lower your vigilance.

With the spate of recent high-profile security breaches, it seems all to easy to gain access to the most seemingly secure organisations whom we entrust with our most personal data. Unfortunately, it’s not until an organisation suffers a serious breach do we find out about how lax and un-regimented their security protocols were such as storing our passwords and data in unencrypted files or as clear text.
How many other well-known organisations are still doing this with our data and hoping every day that they are not the next name in the media gaze after having suffered a major breach. With organised crime now clearly targeting cyber crime as a substantial revenue stream, the number and complexity of breaches is and will continue to rapidly escalate.

The cost of a serious breach can be financially severe but more importantly can be catastrophic to your commercial reputation with many organisations failing to ever recover, often with further reputational damage inflicted through poor handling of the aftermath. I’m a great believer in all boards having a technology subcommittee to question and guide on technology issues as all boards have audit, remuneration etc. committees.

To prevent your organisation being susceptible to cyber security you must institutionalise your vigilance and make certain that your policies are well documented and clearly understood by everyone from the mail room to the boardroom (security should already be high up on your boards agenda).
It is imperative that everyone feels a sense of responsibility, is motivated to adhere to your policies and able to accept responsibility on an individual level.
It also means tightly integrating security in to your corporate strategy rather than trying to shoehorn it in at a later stage where it may be compromised or not fully engaged.

Simple things like passwords are still one of the easiest measures to tighten up as they have long been a thorn in the side of any organisation with many using seemingly simple to crack, often generic passwords across multiple services.
Going forward biometrics may resolve a large proportion of password issues and the cost of implementation will fall over time. Biometrics are seen as the next evolutionary stage of managing personal security with sectors like banking currently looking to implement fingerprint technology in to your future debit and credit cards to add an additional layer of purposeful security.

The truth is that many companies may not even know they have been hacked or their security probed until a ‘back door’ is found and exploited well after the attack(s) have taken place. This is a scary scenario and one that shows serious lapses in security practices which are ripe for exploitation by those so inclined.

So to reiterate, make sure your security practices and policies are well documented and clearly understood with everyone motivated and as vigilant as possible to ensure they are adhered to at all times.
After all, you don’t want to be tomorrows front page news!

This post has also been featured on the HP Business Value Exchange here

The As-A-Service Economy is here to stay

By Christian on 5th October 2015 in CEO, CFO, CIO, Cloud, CMO, Customer Experience, IT-Enabled Business Innovation

In modern times we have become very much a consumer culture driven by an abundance of choice spurred on by deregulation, capabilities of new technology, market disruption and innovation.
The As-a-service economy has been fuelled by all of these key factors and allowed multiple organisations to enter these markets, providing both the technology platforms and innovative products for consumers to feast upon it.

The only way for vendors to rise above the melee of available products and services is too constantly innovate and supply services or products which are not available elsewhere with Apple being the undisputed current master here for all to mimic.
Other cloud vendors such as Salesforce are also strong in the As-a-service space for similar reason, by constantly seeking to renew and energise their platform with new innovation, features and tools.
You would not be able to build such innovation, tools and features into in-house platforms and systems at this pace, which lends more strength to the As-a-service argument of whether or not to include at least subtle flavours of it in your enterprise offerings.
The cloud platform may scare many with its ‘perceived’ insecurities and lack of control of data and feature but it enables organisations to set themselves up securely and grow rapidly with little initial capital outlay compared to the complexity of how things used to be.
Cloud services provide easy access, mobility, standardised practices and instant access to well qualified product(s) and subsequent features with often straight forward upgrade paths and clear product roadmaps.
It has also enabled a whole raft of brilliant applications, services and products for organisations of all sizes to augment their system and service portfolio’s with without huge capital outlay and can no longer be ignored.

The rise of consumerisation has driven much of the innovation we see today and this drives a constant lust for innovation and the rapidity of it when utilised in the commercial space.
We all want the flexibility, tools and services we are used to using at home to be available in the workplace and organisations that don’t respond to this will quickly lose staff to those that do.

The other main driver of the As-a-service economy is customer service.
In this more interactive and collaborative mobile focused world, the need for high quality customer service does not diminish but needs to evolve with customers now deserving more dynamic and engaging interaction beyond the traditional call centre or ‘look here’ approach.
If you are not presently positioned as a socially aware organisation that offers high quality, consistent and quick response customer service, your customers may force your hand and go elsewhere or insist you rapidly change your approach. With the advent of the power and pace of social media your poor service can quickly reach epidemic levels if not quickly resolved.

Innovation plays a key part in the way the As-a-service economy evolves with many technologies and platforms to fuel this not yet developed or ready to market with the whole Internet of Things model set to explode it out even further.
As a result, the As-a-service economy is here to stay and will only grow stronger and more prevalent in augmenting the enterprise system and product portfolios that organisations deliver and the services which all of us consume in our daily lives.

This post has also been featured on the HP Business Value Exchange here