When it comes to digital transformation, these days the question is not whether you should transform, but more on HOW!
Digital Transformation is not about building a new app or website, but rather completely rethinking the way you currently conduct business. This is not an easy task!
It often requires substantial financial investments into building new products, services and, most importantly, new digital capabilities within your organization. It is common to see that the return on your investments will come way later, thus for some it is challenging to justify it in the short-term.
Nevertheless, I believe that organizations should not be afraid of the uncertainty of digital transformations, because the sooner you start, the faster you learn. This is like a 30-step journey in a foggy forest, where you can only see the next 5 steps. But after you have finished your 5 steps, the next 5 become clear.
What are your thoughts and experiences with digital transformation?
In this vastly changing world it's sometimes hard for organizations to imagine having a long-term (e.g. 3 years) plan. Some would simply say that it doesn't make sense in their business to think so far ahead.
Well, Amdi Krogh who is currently leading Maersk North Europe Operations office would argue with you for a bit.
Why? Because in 2017 there were similar discussions within Amdi's leadership team, but today after the 3-year breakthrough plan is implemented and shown its impressive results, doubts are gone.
It is an immense pleasure to share with you a story written by Amdi on how Maersk North Europe Operations organization implemented their 3-year breakthrough business plan based on Hoshin Kanri principles.
As an initiator of this plan, I am extremely pleased to see the business results which would have not been possible without hard work of the whole North Europe Operations organization always supported by the dedicated management and leadership teams!
It's December! The time for reflection and set-up of new objectives.
While I like the concept of noting down your New Year's resolutions, too often I hear vaguely defined sentences, which I doubt help people to achieve more.
I believe that New Year's resolutions shouldn't be a long list of actions you want to do, but rather a few personal breakthroughs which will stretch you.
With my experience of using Hoshin Kanri model in business, I wrote a blog post on how to define meaningful New Year resolutions which I think could drive personal breakthroughs.