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Mapping Success: Taking digital transformation from concept to realisation Welcome to Today’s Webinar, presented by Market Dojo Thank you for joining us, we will begin momentarily.

realisation Taking digital transformation from concept to ... · @MarketDojo @piblogger1 @Logitech After The Webinar... 9 Survey Results UNDERSTANDING THE DIGITAL LANDSCAPE while

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Page 1: realisation Taking digital transformation from concept to ... · @MarketDojo @piblogger1 @Logitech After The Webinar... 9 Survey Results UNDERSTANDING THE DIGITAL LANDSCAPE while

Mapping Success:Taking digital transformation from concept to realisation

Welcome to Today’s Webinar, presented by Market Dojo

Thank you for joining us, we will begin momentarily.

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Sign Up Survey Results

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David Latten

Logitech

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Adam Collins

Market Dojo

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Nic Martin

Market Dojo

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Alun Rafique

Market Dojo

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Jon Hansen

Procurement Insights

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#DigSuccess

@MarketDojo @piblogger1 @Logitech

After The Webinar...

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● Survey Results

● UNDERSTANDING THE DIGITAL LANDSCAPE while everyone acknowledges that digital transformation is a must, what is procurement’s digital reality;

● MAPPING SUCCESS a case study in going from digital dreams to digital reality;

Today’s Agenda

What to expect from today...

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Assessing Digital Reality

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Poll #1

Are you actively implementing a digital strategy?

● Yes

● No

Have your say...

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According to McKinsey, a survey of 1,650 global corporations

found that while there was a universal acknowledgement

that digital transformation was critical to success in a highly

competitive market,

● Just 20 percent of respondents indicate that they had a

digital implementation strategy. Of those.

● A paltry 2 percent of these strategies include the supply

chain.

Digital Reality

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The takeaway from the McKinsey survey is that most

companies aren’t making a move on digital because they

are;

● uncertain as to how to do it, and

● whether it will work

Digital Reality

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The response to a Procurement Insights poll asking the

question; “What is the most significant risk that procurement

faces in 2020?” was telling in that the number one risk was not

cyber-attacks, job security or supplier performance.

Digital Reality

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More than 40 percent of those who

responded said that “digital strategy

implementation” was the greatest risk

procurement faces in 2020.

Digital Reality

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A recently published Deloitte Global CPO survey reports that

“most companies that have fully implemented digital

technologies are not satisfied with the results.”

Digital Reality

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Digital Reality

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The takeaway from the McKinsey survey is that most

companies aren’t making a move on digital because they

are;

● uncertain as to how to do it, and

● whether it will work. The Deloitte survey result would seem

to support their caution.

Digital Reality

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LOGITECH’S “RESULTS-FIRST” APPROACH

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Poll #2

What is the main reason for holding back on a digital strategy?

● Uncertainty regarding the how?● Uncertainty regarding the likelihood of a successful

outcome?● A lack of resources – people or monetary?● Resistance to change?● Other

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David Latten

Logitech

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Two key reasons for your success “reintroducing and

reinvigorating the appetite for an internal procurement

function.”

Mapping Success -Logitech

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The first is Logitech’s alignment with Market Dojo in that the

service provider shared the same entrepreneurial zeal and

passion for the procurement process that he and his team did.

Mapping Success -Logitech

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The second point is that while the low cost of entry provides a

results-first approach in which the financial investment is

minimal . . .

Mapping Success -Logitech

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. . . it is the seamless implementation of the solution that met

the simplicity, efficiency, and speed of execution requirement.

Mapping Success -Logitech

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As a result, David and his team were able to demonstrate how

he and his team could deliver value consistently in a very

short window of time.

Mapping Success -Logitech

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Q &A

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Sign Up Survey Results

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#DigSuccess

@MarketDojo @piblogger1 @Logitech

After The Webinar...