Transformation in één dag Uneto-VNI Who am I? Prof. Dr. Bob de Wit What concerns me? - How to lead digital transformation - How to design the strategy process - How to best govern a country - How to adapt business models 0 What do I do? - Director, Strategy Works / Strategy Academy - Professor, Nyenrode Business University - Author, Strategy: An International Perspective - Podcasting: the BobCast How to reach me? +31 (0)6 5377 8151 B.deWit@Strategy-Works.com
Missioning and visioning Current situation Target Strategy Objective Vision 2018 2019 2020 2023 2025 2
100 years of America s top 10 companies 1917 1967 2017 U.S. Steel $46.4B AT&T $14.1B Standard Oil of N.J. $10.7B Bethlehem Steel $7.1B Armour & Co $5.8B AT&T $200.5B General Motors $171.2B International Business Machines $258.6B Eastman Kodak $177B Alphabet $719B Amazon $543B Apple $898B Microsoft $644B Tech Conglomerate Medical Oil & Gas Financial Services Film Swift & Co $5.7B International Harvester $4.9B E.I. du pont de Nemours $4.9B Midvale Steel & Ordnance $4.8B U.S. Rubber $4.6B Texaco $82.3B General Electric $63.9B Gulf Oil $58B Standard Oil of N.J. $106.5B Sears, Roebuck $64.6B Polaroid $58B Facebook $518B Berkshire Hathaway $452B Johnson & Johnson $374B Exxon Mobil $350B JPMorgan Chase $340B Wells Fargo & Co. $266B Rubber Retail Autos Telecom Steel Foods Chemicals Heavy Equipment
The 4th Wave Intel 4004 (1971) Agriculture 2000 BC 1438 1764 1971
4.0: The vertical impact of the digital wave 4.0 Computing Big Data Internet of Things AR/VR Machines Robotics 3D Printing Markets platforms Blockchain Agricultural Nature Biotechnology
4.0: Big Data Clustering data to sell personalized adds 4.0 Big Data Analysing risks to price health care insurance Optimizing stock & supply chain to increase efficiency and lower costs Agricultural Internet of Things AR/VR Robotics 3D Printing platforms Blockchain Biotechnology
4.0: Internet of Things 4.0 Big Data Internet of Things AR/VR Robotics 3D Printing Agricultural platforms Blockchain Biotechnology
4.0: Virtual & Augmented reality 4.0 Big Data Internet of Things AR/VR Robotics 3D Printing Agricultural platforms Blockchain Biotechnology
4.0 & machines: Robotics 4.0 Big Data Internet of Things AR/VR Robotics 3D Printing Agricultural platforms Blockchain Biotechnology
4.0 & Machines: 3D printing Organ printing Offshore printing 4.0 Big Data Internet of Things AR/VR Robotics 3D Printing Agricultural platforms Blockchain Biotechnology
4.0 & Machines: 3D printing 4.0 Office of the Future (2016) Big Data Internet of Things AR/VR Robotics 3D Printing The Dubai 3D Printing Strategy aims to reduce labor by 70%, reduce cost by 90%, and reduce time by 80% in the different sectors. Agricultural platforms Blockchain Biotechnology
4.0 & Markets: platforms WORLDS LARGEST TAXI COMPANY OWNS NO TAXI S Uber 4.0 Airbnb LARGEST ACCOMMODATION PROVIDER OWNS NO REAL ESTATE Big Data LARGEST PHONE COMPANIES OWN NO TELECOM INFRA Skype / WeChat Alibaba WORLDS MOST VALUABLE RETAILER HAS NO INVENTORY Internet of Things AR/VR MOST POPULAR MEDIA OWNER CREATES NO CONTENT LARGEST MOVIE HOUSE OWNS NO CINEMA S Facebook Netflix SocietyOne FASTEST GROWING BANKS HAVE NO ACTUAL MONEY Robotics 3D Printing platforms Blockchain Apple / Google LARGEST SOFTWARE VENDORS DON T WRITE APPS Agricultural Biotechnology
4.0 & Markets: The Blockchain Overhead reduction and crypto value transactions 4.0 Banks Accountants Lawyers Insurances Big Data Internet of Things AR/VR Robotics 3D Printing Agricultural platforms Blockchain Biotechnology
4.0 & Nature: Biotechnology Manipulation (through genetic engineering) of living organisms or their components. 4.0 Big Data Internet of Things AR/VR Robotics 3D Printing Agricultural platforms Blockchain Biotechnology
4.0 & Nature Biotechnology 4.0 Harvard scientists reverse the ageing process in mice now for humans Big Data Internet of Things AR/VR Robotics 3D Printing Agricultural platforms Blockchain Biotechnology
4.0 & Nature: Bio technology 1. Harvest muscle tissue 4.0 Cheaper Big Data Internet of Things 2. Culture muscle cell Faster AR/VR Robotics More environmental friendly 3D Printing 3. Grow burgers from 1 cell Safer platforms Blockchain Agricultural Biotechnology
A fifth wave Kasparov and Deep Blue (1997) Agriculture 2000 BC 1438 1764 1971 1997
intelligence: a more realistic view 2025-2029 Source: http://waitbutwhy.com/2015/01/artificial-intelligence-revolution-1.html
intelligence: By 2029, AI will have human-level intelligence 2029 is the consistent date date II have have predicted for when an AI will pass a valid Turing test and therefore achieve human levels levels of of intelligence. I have set the date 2045 for the Singularity which is when we will multiply our effective intelligence a billion fold by merging with the intelligence we have created.
A fifth wave intelligence 4.0 Computing professionals Machines Robotic Beings Markets Machine trading Agriculture Nature Sapiens 2.0
Intelligence & Computing: professionals AI lawyer ROSS intelligence professionals Robotic Beings Agriculture Machine trading Sapiens 2.0
Intelligence & Machines: Robotic beings Sophia, the first robotic citizen of Saudi Arabia intelligence professionals Robotic Beings Agriculture Machine trading Sapiens 2.0
Intelligence & Markets: Machine trading intelligence professionals Robotic Beings Agriculture Machine trading Sapiens 2.0
Intelligence & Biotechnology: Sapiens 2.0 intelligence professionals Robotic Beings Agriculture Machine trading Sapiens 2.0
Intelligence & Biotechnology: Sapiens 2.0 intelligence professionals Robotic Beings Agriculture Machine trading Sapiens 2.0
CONSEQUENCES FOR INDUSTRIES AND SOCIETIES 26
Industries are changing (or going to change) fundamentally Mobility Valuation Safety Health Agriculture
Societies are going to change fundamentally 28
Societies are changing (or going to change) fundamentally S. Denyer, The Independent, 22 oktober 2016; S. Millward, Tech in Asia, 3 november 2016; D. Galeon, Futurism, 4 december 2016
Societies are changing (or going to change) fundamentally Tech companies Public Private Public Private Public Private??? Regents Merchants Landowner Agriculture 2000 BC 1438 1764 1971 1997 2040
Managing the digital revolution: Start with envisioning the future Primary activities Improvement projects Technological innovations Strengths Opportunities 1. 2. 1. 2. 1. 2. Dreams 3. 3. 3. Managing daily business Leading improvements Visioning the future 1. 1. 1. 2. 3. 2. 3. 2. 3. Nightmares Weaknesses Threats short-term medium-term long-term