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1.1 Focus on value                        that it is necessary to advance in the digital vision
                            Many companies, especially in the last years, tri-  through a series of steps, grouped in successive
                            ed to activate several “digital” projects to fulfi ll their   waves, with the overall strategy evolving as new
                            digital agenda. This resulted in launching more ini-  information emerge.
                            tiatives that they can track, losing focus and effort
                            and not reaching the scale required to create va-
                            lue. Defi ne a clear destination helps focus, toge- 1.4 Be adaptive
                            ther with understanding and assessing the starting   Digital changes constantly its components, and the
                            point, especially evaluating capabilities already ow-  speed of change is increasing dramatically. Throu-
                            ned and others that require new investments.  gh a digital transformation, every company should
                                                                      be agile and open to adapt rapidly in their proces-
                                                                      ses and strategies, as well as accepting and lear-
                              1.2 Defi ne pathways                    ning from every failure.
                            Companies should create pathways around diffe-
                            rent aspects of the business. These can be split
                            into:                                     2. Reconcile dreamers and
                            •   the what: the aspect that support the under-  doers within the organization
                                pinnings of the organization (stakeholder and
                                channel management, product and services,   Approaching digital transformation, every Com-
                                operations, new business models);     pany has doers and dreamers.
                            •   the who and how: the organizational enablers   Doers are focused on the short term, comfortable
                                (platforms and partners, data and analytics, IT,   with the status quo; they have a pragmatic appro-
                                operating model and people).          ach and they want to maintain and improve pro-
                                                                      cesses  and  systems  they  already know  and  are
                            Oil & gas Companies are historically strong in focu-  comfortable with. For them, digital can be a way
                            sing on the what, which can be useful in a digital   to pursue operational excellence with minimal di-
                            transformation to capture data and to develop use   sruption, while new working methods and digital
                            cases; on the other hand, these companies have   “culture” are perceived more buzzwords than ap-
                            drastically underinvested on the who and how to   plicable realities.
                            date, especially in embedding the talent, culture   Dreamers see the long term, wanting to under-
                            and operation model to support digital success, as   stand  and  pursue  all the  possibilities  that  digital
                            well as rebooting the IT backbone to free it from its   can unlock, both on the operational side and the
                            slow-moving legacy past.                  discovering of new profi t pools or other currently
                                                                      unknown opportunities.
                                                                      There is no good or bad side in this diatribe. Poten-
                            1.3 Create waves of change                tial problems arise when these two groups are left
                            Digital transformation and disruption cannot be   unmanaged, creating a paralyzing tension. The key
                            achieved overnight, and digital leaders taught us   pathway is effectively manage a balance between



                                RADAR 360
                                STRATEGY                                                   INDUSTRY

                                                                                          DIRECTION
                                                                                            A picture of
                                                                                ECONOMIC MODEL   the way your sector is
                                                                                              moving
                                        DIGITAL                               OPERATIONS
                                     DEPARTURE      DIGITAL
                                    A statement of digital   DEPARTURE
                                       progress to date                       ANALYTICS
                                                                               DATA AND
                                                                                           COMPANY
                                                                             SYSTEMS AND
                                                                                            VISION
                                                                             TECHNOLOGY
                                               ORCHESTRATION                               A clear statement
                                                                                          of your company’s
                                           STEPPING STONES   WAVES                          digital goals
                                               Concrete steps along   Stages of
       Fig. 2  -  Four steps can be               eight pathways   evolution
       pursued to guide the imple-
       mentation of a digital strategy
       52  Impiantistica Italiana - Maggio - Giugno 2018
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