Digital change Archive - Page 3 of 5

Digital leadership 21. March 2021

Digital change requires a digital strategy

The topic of digital transformation is on everyone’s lips and is leading to a so-called “digital change” in many companies. According to many companies, this digital change first requires a digital strategy. But what does this mean for companies and what can such a digital strategy for digital change look like? Digital strategy To counteract the rapid pace of digital transformation, many sources suggest “transforming the company in an agile manner”. One Article on agility and digital transformation I have already published. A fundamental change from analog business models to digital is also in the foreground for the digital strategy. The basic idea in this blog is the structural change from companies to “agile” and “evolutionary” companies. Because in this way they can react flexibly and quickly to the coming complexity of the digital transformation. In the following, we will initially start with the fundamental structural change of companies as…

Work 4.0 21. March 2021

NewWork – the digital world of work

Based on his investigation of the concept of freedom, the Austro-American social philosopher Frithjof Bergmann developed the concept of the NewWork – of the New job . Bergmann’s criticism begins with a criticism of the American concept of freedom. He does not understand freedom to mean being able to choose between two (more or less bad) alternatives (freedom of choice). Rather, freedom means having the opportunity to do something really important (freedom of action). New job offers space for creativity and personal development. Change in society Our society is changing from an industrial to a knowledge society. Correspondingly, corporate structures and work spaces are also changing: service, information and creative workers are moving into the center of global economic activity, and while the work-life balance is being evoked, the boundaries between professional and private life are blurring. As creative workers, we are becoming increasingly self-employed, even if we are permanently…

Digital leadership 21. March 2021

Digital leadership: the new leadership?

The digital transformation is changing the world of work and, according to many authors, calls for agile leadership. One Article on the topic of agile leadership You will find here. Before that, I would like to turn to the topic of digital leadership. But first of all: what is this digital transformation actually? Due to the rapid increase in technologies, we speak of a “digital transformation” in every area. Famous examples include Apple, which has fundamentally digitized the music industry and has thus reacted to the new customer request: to have music anytime, anywhere. Kodak also had to fundamentally change its business model from analog cameras to digital ones. Many authors do not want to say whether the digital transformation is an evolution or a revolution and therefore speak of the “digital (r) evolution”. Along with this, the leadership and the world of work also change. This is under the…

Digital change 21. March 2021

Digital change needs digital agility

Agility as a strategic and organizational principle is increasingly understood in the digitalized world as a success factor for companies of all types and sizes Innosabi’s blog . The agile way of thinking and acting, which is a matter of course for young startups, often develops in the opposite direction with increasing maturity and size of a company: flexibility becomes rigidity, speed is lost and planning replaces action. The digital change Competitive pressure is increasing in every industry. More and more new companies are entering the market, bursting with new ideas regarding the customer experience. Due to changing customer needs, digital change comes first. This is also shown by the figure that in addition to price and cost pressure, digital transformation is at the top of the list. The example of Kodak or Apple shows that digital change is fundamentally linked to corporate success. Kodak has had to painfully experience…

Consulting 21. March 2021

Consulting 4.0 – digital transformation?

Consulting 4.0 – The consulting market is changing and is reacting to the digital transformation. Today’s consulting landscape is clearly different from that of a few years ago. The magazine Consultingmarket said: “Digitization has hit the consulting industry. Every management consultant is now talking about Industry 4.0, digital transformation and Big data . ” What does that mean exactly? Since I myself work as a management consultant in addition to this research project, I regularly observe changes in my daily work and therefore mix a few of my own impressions into the text. Consulting 1,2 and 3.0 The first legitimate question that comes to mind as a young management consultant is: What was actually before? What characterized Consulting 1,2 and 3.0? Unfortunately, I cannot name a clear source here, as I had to look for the information from various sites. Consulting 1.0 is thus the classic solution advice for technical…

Digital change 21. March 2021

Complexity in management, agility and digital transformation

Management complexity has been around since digital transformation brought back into focus. How can companies deal with the increasing complexity and dynamism of markets? How can modern leadership and structure be established in companies and how can we reduce complexity with the help of special methods. According to the author Niels Pfläging, corporate structures should be just as lively as markets. But what does he mean exactly and how is complexity reduced in practice? Why is there complexity in management Why did it get so complex? What were the triggers and why wasn’t it like that “earlier”? For this I found the picture above. It seems that this dynamic has only slowly increased since 1970 and has peaked again in the past few years. The reasons for the high density and the increase in competition appear understandable. In addition, many authors mention the digital transformation, Industry 4.0 and Big data…

Digital change 21. March 2021

Digital transformation and agility

Digital transformation is one of, if not the greatest, challenge for companies in every industry. It is only a matter of time before this will find its way into every unit of business. Along with this trend, the dynamics and complexity will increase significantly. Expectations will change suddenly and companies will find themselves in a field of tension between traditional value creation and new digital business models. In order to master these challenges and overcome the hurdles, companies have to reinvent themselves. Above all, the necessary structural change in companies will be the greatest success factor in countering the challenges and the speed of digital transformation. Agility is becoming an increasingly important topic in the course of digital transformation and has long been a major feature in many areas, including outside of IT. Complexity and dynamics are counteracted with self-organization and resilience. Executives become servant leaders and companies act in…

Digital leadership 21. March 2021

Leadership 4.0 – Digitization in Management

The acceleration of the markets and the increasing complexity of possibilities and requirements demand managers in a previously unknown form: In order to keep pace with the new developments, the management culture has to change Innovation Evangelists . It is, among other things, the task of executives to exemplify, promote and convey values. According to the Innovation Evangelist, they must also promote four criteria in order to be attractive to young professionals: good teamwork, (perceived) meaningfulness of work, compatibility of work and family and personal development. The following article is intended to shed light on how executives could manage such a balancing act. Employee autonomy while maintaining controllability and control A special component that is required of executives should be trust. That’s right, because permanent control is demotivating. Nevertheless, a manager must also maintain constructive control so that activities take place in accordance with the company’s goals. This balancing act…

Consulting 21. March 2021

Status quo: medium-sized IT management consultancies and the digital transformation

Management consulting is one of the industries that is highly dependent on digitalization benefits. Admittedly, management consulting is to be seen as one of the sectors that sets up, directs and is involved in implementing a large number of projects for the digitization of companies from a wide variety of industries (Werth et al. 2016). But what potential does the consulting industry itself have? IT management consultancies & digital transformation Consulting is a service that provides added value for the customer through specialist knowledge in one or more areas. The concept of consulting is the often used Angliscism of advice and consequently the synonym for “consultant” can often be found again (Hoffmann 1991). Management consulting, on the other hand, is a branch of consulting that specializes in supporting companies with regard to organizational and process optimization (Hoffmann 1991). According to the Federal Association of German Business Consultants, this sub-area generated…

Consulting 21. March 2021

Consulting Y – agile IT service provider – agile consulting?

When you hire a service provider, you want them to be on hand with help and advice. Lately I’ve been reading articles a lot, but they criticize the fact that consulting often provides too much advice instead of action. Specifically, the criticism means that too much theory is sold at a high level and too little real advice takes place. This criticism hits IT service providers particularly hard. So shows Nicolas Kittner this in a quote on: The problem with most consultants is that they are only consultants. They are on a meta-level, everything is macro, nothing micro. It’s about trends in the market, about processes, about structures, about price models, about business plans and brand strategies. But consultants need to know the micro, they need to know how to turn an e-commerce strategy into a shop, how to build a prototype from an idea, how to develop a product…