Summary IoT Readiness
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This document discusses organizational readiness for the Internet of Things (IoT). It addresses the need for companies to develop IoT strategies that align top management, middle managers, technical competencies, and partnerships. It also stresses the importance of assessing gaps between current capabilities and IoT ambitions, unlearning old business models, and enabling fast, efficient, and high-quality IoT projects to drive revenues and profits from new IoT-enabled products and services. Successfully implementing an IoT strategy requires organizational change readiness and developing new digital competencies to keep pace with rapid market changes in the IoT landscape.
Summary IoT Readiness
- 1. R O U K IoT Readiness Platform for an Organizational IoT strategy
- 2. A New World Order • Process • Progress • Change within organization • Change with partners • Line organization • Projects and Programs • Continues improvement • Exponential change • Toyota • Apple, Google • Internet • Internet of Things • War for customers • War for talent R O U K Workplace Change
- 3. "We believe that every industrial company will become a software company… Jeff Immelt CEO of General Electric R O U K Workplace Change
- 4. •Customer Strategy •Digital Strategy •Organizational Strategy Are Top Management aligned about Vision and Organization of IoT? Middle Managers? What is the availability of key IoT Technical, Customer and Management Competences Do we have an understanding of our Partners strategies and IoT processes Do we have competences and resources to drive IoT Change How strong is the resistance to IoT Cultural Change Making IoT Revenues happen Making IoT Profits happen
- 5. •Customer Strategy •Digital Strategy •Organizational Strategy Making IoT Revenues happen Making IoT Profits happen • Speed of IoT projects – “Time to Profit” • Efficient use of resources • Quality in new products and services • Courage to take decisions • Engagement and enthusiasm for change Benefits of an Organizational IoT strategy
- 6. “If the rate of change Outside, exceeds the rate of change Inside, the end is in sight.” Jack Welch former CEO of General Electric ? ? IoT Market Change Company Change • Business alignment IoT Readiness • New Digital Competences • Eco system mindset • Change Readiness R O U K Workplace Change ? ? ?
- 7. IoT Change approach ? ? 2. Asses the Gap to IoT Ambition • Customer • IT • IoT Readiness 1. Set IoT Ambition • Service growth • Product growth • Cost efficiency • ? 3. Unlearn old Business & Organizational models Agree: • Stop • Start • Continue doing R O U K Workplace Change
- 8. IoT projects face complex business environments Leadership Project members/Specialists Supplier CustomerCompany Sensors and Data mining Cloud and Mobility Application Integrator Generic IoT Eco System Steering Group Plan Mid Managers Actual Cost of DelayIoT project R O U K Workplace Change