The building blocks of digital transformation
In 2017, the IDC indicated through a study that every company would have to deal with digital disruption. (“Become a Data Thriver: Realize Data Driven Digital Transformation,” Nov 2017). And that the effect would be large on many companies. Of course, we see companies such as Apple, Google and Microsoft dominating the market. But why is it Amazon that completely wipes out competition in many sectors? And why is it Tesla that dominates the market in the auto industry? All these giants have one thing in common. They work DATA centric. But it is not only the large companies that stand out. Startups such as Adyen, Mollie and Waze are DATA-centric and that is one of the reasons why they create a lot of value.
When an organization runs entirely on DATA, exponential value can be created. The biggest difference we’re making is that, barring the fact that it’s self-funding, this transformation is based on data centrism. This gives the organization the opportunity to create exponential value. A successful digital transformation involves translating DATA into value.
Source for value creation
Digitization based on DATA as the source for value creation offers a way out to make your organization Future Fit. Your ambition can be realized through a cash flow neutral approach that ultimately increases positive cash flow by a factor of 4-8 and significantly shortens your Time To Market. In short, a metamorphosis realized by using DATA as the source for value creation. A good example of a successful transition from data-centric thinking and working is John Deere, a 180-year-old tractor manufacturer that has since established itself as the digital platform for the agricultural sector.
An organization that does not adapt and does not keep up with the changing environment will ultimately fail. We opt for a project-based approach to a ‘future fit’ organization, because project-based work is result-oriented change.
The phasing of our Future Fit projects:
- Future Analysis
In addition, FutureXL directs the transformation from an ecosystem in which all necessary disciplines are brought together. Not only transformation managers, but also other professionals play an important role in the digital transformation. FutureXL selects candidates from this broad perspective on digitization. In combination with our vision on the DATA-centric approach, we are able to successfully fill innovative positions.
Learning process in practice
Our project-based approach results in a profitable operating model after ten to twelve months. But we also change people’s behavior and ensure acceptance and motivation. In fact, the learning process takes place in practice, but we also offer a wide range of executive education. To enable your people and professionals to provide you with sufficient added value, the professionals are trained by us in Digital Leadership.
The Masterclass offers a high-quality set-up with experts from science and practice. During four intensive days, the participants are taken into account all the characteristics of the new developments and technologies and the opportunities these new technologies offer for organizations and their impact on the digital strategy. But above all, the participants are included in the power of a DATA-centric operational model. And that this ‘new gold’ is the basis for real entrepreneurship based on a new business model.