Digital Business Leadership
Leadership & Capabilities
Think differently
“The input from LEF allowed us to think further & more broadly than we would have done otherwise. The ambition we have as an organization is further reaching than it would have been if we hadn’t had LEF involved.”
Damian Bunyan
CIO
Uniper
In the digital-first economy, successful leaders navigate and utilize disruption by organizing around constant evolution to deliver a winning vision and business. Being prepared with an understanding of how data, intelligence, connectivity and automation are combining to transform every industry, is essential to evolve how you think and operate.
LEF’s one-day workshop equips today’s leaders with advantage in a world that is full of opportunity yet evolving rapidly around them. Our research, deep insights, and practical experience gained through client interventions, provides you with the organizational tools to explore new opportunities.
21st century leadership
Adopting a technology capabilities mindset, combined with curiosity and experimentation, will prepare leaders for the coming tsunami of change and enable them to keep customers satisfied with ever better services. Confident leaders need to optimize a mix of smart products, machine learning, industry platforms, algorithmic processes, robotics and data-driven operations for their business transformations.
Put together, these tech capabilities can help transform an organization to look more like today’s digital giants than any traditional global firm. Leaders who can realize this vision must modernize their work practices and reengineer business processes so their organization can work smarter, at pace, with perpetual change and ambiguity.
Learn four fundamentals
This hands-on and practical programme helps leaders develop their own digital competency. We explore four core capabilities and behaviours that we believe are necessary to compete with the digerati on their terms:
- Understand the fabric of the digital world & how to exploit it. It’s possible to buy the technology capability to run your business on your credit card. Learn how to connect to different technology capabilities & stitch them together to get a business up & running rather than build from scratch.
- Be curious & take an outside-in view to explore non-traditional sources of innovation. Participants can help transform their organization & elevate its digital IQ.
- Experiment with the ‘garage’ approach: no one knows what the right answer is or what the winning solution will look like. People forget that Amazon & Google were experiments that started small. Don’t try & engineer the perfect solution, test & iterate.
- Phase creativity across the organization: understand your preferred role as an individual & deploy creativity across the organization in a phased approach.
Make creativity real
Recognizing the value of, and need for, different phases of creativity is crucial in setting up an organization for success. Creativity is addressed in three phases: landing ideas, growing them through the organization, before turning them into finished products or commodities. Known as the Innovate Leverage Commoditize (ILC) model, identifying and nurturing these three phases creates further value because it’s easier to plug these efforts into existing industry ecosystems.
Creativity needs to be considered as a series of processes, where each activity contributes to the overall health and wealth of a company. Creativity that simultaneously innovates, leverages and commoditizes intellectual capital runs counter to popular management doctrine that says companies can only operate in one of the phases.
Update learning styles
Today’s leaders need to constantly evolve their attitudes and beliefs to get the best out of colleagues and ensure the organization can meet known and unknown challenges creatively. Everyone has their own learning style, and we believe that for developing digital competency, there is no substitute to getting hands-on and learning to play with new technologies.
Today’s leadership combines business acumen and digital proficiency with an openness to learn and evolve, both personally and organizationally. Our immersive approach provides space for leaders to test new styles of thinking while our hands-on sessions encourage participants to try out and apply new digital technologies.
Workshop agenda
Through a combination of presentations and break-out working sessions, this one-day workshop will explore key topics and challenges. The outcome of the day will be a shared understanding of the mindset required to succeed with a new approach to creativity, and an agreed action plan about next steps to achieve digital business leadership, both within and for your organization.
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Workshop session
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Outcome
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Introductions & objectives
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Set expectations
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Set the scene
Define modernization vs transformation & how DBL helps
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Level set & build confidence in language/approach & motivation for change
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Agitate: the Matrix Mindset
Review enterprise-wide behaviours required for organizations to succeed
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Understand how well prepared you are for the new paradigm
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Activate: xLab experimentation
Explore using consumer technology & generate ideas for organization to develop
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Create ideas to effect change
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Activate: creativity as a 3-part process
Explore ILC to drive experimentation & change
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Review/improve creativity processes for ideas to flourish
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Accelerate: place your business bets
Agree opportunities to move forward on
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Agree opportunities at individual & team level
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Action: confirm what next
Review what you’ll do differently & agree next steps to progress journey
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Agreed action plan
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Develop organizational models
Connect to the digital fabric & re-orient your
mindset to become more curious & capable
Nurture 21st century behaviours
Identify, anticipate, & adjust to
continuous outside-in, digital change
