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Tim Bottke - Digital Transformation Payday: Navigate the Hype, Lower the Risks, Increase Return on Investments

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Digital Transformation Payday: Navigate the Hype, Lower the Risks, Increase Return on Investments: summary, description and annotation

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The Data-Driven Guide for your Digital Transformation Payday

In Digital Transformation Payday: Navigate the Hype, Lower the Risks, Increase Return on Investments, Tim Bottke, Senior Strategy Partner at Deloitte and Associate Professor for Strategy and Digital Transformation at SDA Bocconi, a Financial Times/Forbes/Bloomberg Businessweek Top-Five European business school, delivers a provocative, new perspective on digital business transformationusing research to get beyond the hype and uncover its real financial payback.

Have you ever asked yourself: Should I really embark on a digital transformation journey that is likely full of pain, failure, and high cash-outs? One that puts a lot of pressure on our stock price and my nerves? Who will thank me for that? Will there ever be a measurable return on invest for all these technologies that supports positive market value impact? If so, this book is for you.

Youll find unique insights and guidance for managers, executives, board members, and investors as you navigate an immense array of strategic and operational choices, opportunities, and pitfalls. Youll also learn to demystify digital strategy and technology buzzwords, better define the initial focal point and process of your firms digital transformation, and establish new ways of thinking in terms of value impactsand how to measure themright from the start.

The book also includes:

  • A proven framework for defining your next digital transformation effort end to end, and configuring your initiatives for maximum return on investment
  • Empirical data to help you understand your companys odds of navigating your chosen digital transformation initiatives with financial payback


An indispensable resource for business leaders, Digital Transformation Payday will also earn a place in the libraries of entrepreneurs, founders, leaders of established companies, and digital enthusiasts.

Tim Bottke: author's other books


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Table of Contents List of Tables Chapter 2 Chapter 3 Chapter 4 Chapter - photo 1
Table of Contents
List of Tables
  1. Chapter 2
  2. Chapter 3
  3. Chapter 4
  4. Chapter 5
  5. Chapter 6
  6. Chapter 7
  7. Chapter 8
  8. Chapter 10
  9. Chapter 11
  10. Chapter 12
  11. Chapter 13
  12. Chapter 14
  13. Chapter 15
  14. Conclusion
  15. Appendix A
  16. Appendix C
  17. Appendix D
  18. Appendix E
  19. Appendix F
List of Illustrations
  1. Chapter 3
  2. Chapter 6
  3. Chapter 12
  4. Chapter 13
  5. Chapter 14
  6. Chapter 15
  7. Appendix B
  8. Appendix C
  9. Appendix D
  10. Appendix F
Guide
Pages
PRAISE FOR DIGITAL TRANSFORMATION PAYDAY

Digital technologies can be a great compounding investment for any business to enhance product value and position against competitors. However, given the complexity of digital transformation from a technology perspective, it can be challenging to know how it can create value for the organization strategically. But all businesses must develop a level of mastery of digital technologies to remain relevant in the modern economy. Digital Transformation Payday offers practical advice and valuable evidence as to how and where specific technologies can positively or negatively relate to value. This book is a mustread for any leader looking to understand how technology investments drive overall enterprise value, based on industry and financial structure, helping guide their digital strategies.

Vincent Roche, CEO and Chair of the Board of Directors, Analog Devices

Bottke wrote nothing less than a straightforward and pragmatic user manual for one of the most vital topics of today's business environment: digital transformation and its returns. Once winning arguments for the success of a company, digital landscapes became nothing more than qualifiers. Follow Bottke's framework and turn it into a winning argument again. The new now goes beyond digitalizing of the physical process. The new now is more about softwaring your company. For those who think that time is running out, start reading, it is worth every minute of it!

Bram Schot, AO Board Member, Shell plc; Former CEO, Audi; Professor, Practice for Leadership and Transformation, Bocconi University; Senior Advisor, Carlyle Group & Global Cleantech Capital

Who needs a payback when you are having fun with your designthinking workshop? Many years into digital transformation, it turns out: We all do. But reaching beyond the individual case study or the qualitative framework is hard work. In Digital Transformation Payday, Bottke deep dives into a dataset of over 20,000 observations to get you a full playlist of potential results. Is your digital transformation bound to be Money for Nothing or One Moment in Time? With Digital Transformation Payday, you can make sure there is still a chair for you when the music stops.

Philipp Leutiger, Chief Digital Officer, Holcim

Bottke substantiates decades of practitioner experience with rigorous academic research. He creates a robust framework that anyone who is in charge of digital transformation at scale will find extremely useful. Part cheatsheet, part practitioners' guide, Digital Transformation Payday is rich in actionable insights that, if implemented in combination, significantly derisk largescale digital transformation programs. Most importantly, however, Bottke frames each leg of the transformation journey into the broader corporate value creation narrative: essential reading for any CXO to explain the value of digital transformation upfront, and to reap the rewards once the initiatives come to fruition.

Alexander Pavelka, head of Data and Analytics, Red Bull

Bottke's Digital Transformation Payday offers a unique perspective on the promise and perils of digital transformation, blending practitioner experience and insight with extensive research. Gems abound, including a robust distillation of the payday accelerators and decelerators associated with digital technologies (including cloud, analytics, and cyber), getting agile right, and the importance of having a clear and compelling strategy to effectively aim digital transformation. A mustread for those who want to improve the odds of realizing the hopedfor benefits of complex, multidimensional digital transformations.

Jonathan Goodman, Global Chair, Monitor Deloitte; Vice Chair and Member of the Board, Deloitte Canada

Digital Transformation Payday is an intriguing page turner which looks from all angles at the multiple challenges that exist behind the move to digital. Bottke spells out not only the accelerators of the transformation journey but also the numerous deceleratorsin a thoughtprovoking framework which can drive your future success and enable many digital transformation paydays yet to come.

Joel Fastenberg, CHRO Asia Pacific, a leading Global Financial Services firm

I've spent quite a long time on digital transformation projects in the last few years. Very often I've had the impression that returns on such investments were taken for granted more than thoughtfully evaluated. What's the real impact on my business if I don't do it? is one of the questions I've asked myself and my team many times. Bottke's book is particularly insightful in providing answers to the tough questions an executive wouldand should! typically ask. The pandemic forced all of us to look to our businesses in a completely different way and the real question is no longer Where do we want to go? but How do we get there? Digital transformation can be complex, especially for those organizations that still operate in silosbecause it requires a systemic approach that involves changing mindset, culture, and processes. This book is a really helpful guide for the tricky journey toward an enormous organizational transformation.

Walter Susini, Senior Vice President Marketing, The CocaCola Company

In Digital Transformation Payday, Bottke demonstrates some hardlearned truths of digital transformation, like the difficulty for high debt/high dividend companies to transform, based on deep, factbased, comprehensive research. This is not your typical fluffy let's be digital book. Read it to create real value with digital, not to play around.

Jaime RodriguezRamos, Operating Director, ISquared Capital

TIM BOTTKE

DIGITAL TRANSFORMATION PAYDAY
NAVIGATE THE HYPE LOWER THE RISKS INCREASE RETURN ON INVESTMENTS
Copyright 2023 by John Wiley Sons Inc All rights reserved Published by - photo 2

Copyright 2023 by John Wiley & Sons, Inc. All rights reserved.

Published by John Wiley & Sons, Inc., Hoboken, New Jersey.

Published simultaneously in Canada.

No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning, or otherwise, except as permitted under Section 107 or 108 of the 1976 United States Copyright Act, without either the prior written permission of the Publisher, or authorization through payment of the appropriate percopy fee to the Copyright Clearance Center, Inc., 222 Rosewood Drive, Danvers, MA 01923, (978) 7508400, fax (978) 7504470, or on the web at www.copyright.com. Requests to the Publisher for permission should be addressed to the Permissions Department, John Wiley & Sons, Inc., 111 River Street, Hoboken, NJ 07030, (201) 7486011, fax (201) 7486008, or online at http://www.wiley.com/go/permission.

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