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Digital Transformation: Closing
the Gap Between Now and the
Future
#FutureOfIT
Glen Hiemstra
Founder and Owner at
Futurist.com
Future Of IT Podcast Featuring:
Michael Wade
Professor of Innovation
and Strategic Information
Management at IMD
#FutureOfIT
“Many executives feel like they have a good
jigsaw puzzle that they have to finish, and
they have a bunch of pieces but they don’t
know if they have all the pieces, and they
don’t know what the finished picture
looks like.”
- Michael Wade, Professor of Innovation and
Strategic Information Management at IMD
#FutureOfIT
“They can see some of the pieces and they
can see some of it fits, but not all of it. So
there's a real tension in terms of trying to get
from where they are now to where they
want to go.”
- Glen Hiemstra, Founder and Owner at
Futurist.com
#FutureOfIT
“There is no clear roadmap that exists
today about what to do first, what to do
second, what are the accelerators, what
are the barriers, and so forth...”
- Michael Wade, Professor of Innovation and
Strategic Information Management at IMD
#FutureOfIT
Organizations need to ask themselves three
fundamental questions when they
are considering a digital business
transformation:
• Why they need to transform?
• What they need to transform?
• How they can transform?
- Michael Wade, Professor of Innovation and
Strategic Information Management at IMD
#FutureOfIT
“Adopting a longer-term perspective is a critical
step. You have to look beyond the year 2020 now
and ask ‘what is this industry like?’ It’s more than
asking ‘what it’s going to look like’, but ‘what should
it look like?’ It’s not something that we necessarily
do very much because most organizations are so
focused on operations and literally survival as we’re
getting through quarter to quarter.”
-Glen Hiemstra, Founder and Owner at
Futurist.com
#FutureOfIT
“Many organizations are sandboxing or ring
fencing their digital side and not really making
the tough choices and decisions to transform
their legacy existing organizations.”
- Michael Wade, Professor of Innovation and
Strategic Information Management at IMD
#FutureOfIT
“Do something in the organization to take a
long-term view, and that might be an exercise,
it might be a retreat, there are all kinds of
things that you can do to take a longer-term
view than you usually do.”
- Glen Hiemstra, Founder and Owner at
Futurist.com
#FutureOfIT
I think to successfully navigate digital
transformation and protect against digital
disruption, all organizations need to develop
three core capabilities:
• Hyperawareness
• Informed decision-making
• Fast execution
- Michael Wade, Professor of Innovation and
Strategic Information Management at IMD
#FutureOfIT
“If an organization can develop those three
core capabilities they have a fighting chance
to survive in a much more disruptive digital
world.”
-- Michael Wade, Professor of Innovation and
Strategic Information Management at IMD
#FutureOfIT
#FutureOfIT
Learn more:
Listen to the podcast Connected Futures Magazine

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Future of IT Podcast: Digital Transformation- Closing the Gap Between Now and the Future

  • 1. Digital Transformation: Closing the Gap Between Now and the Future #FutureOfIT
  • 2. Glen Hiemstra Founder and Owner at Futurist.com Future Of IT Podcast Featuring: Michael Wade Professor of Innovation and Strategic Information Management at IMD #FutureOfIT
  • 3. “Many executives feel like they have a good jigsaw puzzle that they have to finish, and they have a bunch of pieces but they don’t know if they have all the pieces, and they don’t know what the finished picture looks like.” - Michael Wade, Professor of Innovation and Strategic Information Management at IMD #FutureOfIT
  • 4. “They can see some of the pieces and they can see some of it fits, but not all of it. So there's a real tension in terms of trying to get from where they are now to where they want to go.” - Glen Hiemstra, Founder and Owner at Futurist.com #FutureOfIT
  • 5. “There is no clear roadmap that exists today about what to do first, what to do second, what are the accelerators, what are the barriers, and so forth...” - Michael Wade, Professor of Innovation and Strategic Information Management at IMD #FutureOfIT
  • 6. Organizations need to ask themselves three fundamental questions when they are considering a digital business transformation: • Why they need to transform? • What they need to transform? • How they can transform? - Michael Wade, Professor of Innovation and Strategic Information Management at IMD #FutureOfIT
  • 7. “Adopting a longer-term perspective is a critical step. You have to look beyond the year 2020 now and ask ‘what is this industry like?’ It’s more than asking ‘what it’s going to look like’, but ‘what should it look like?’ It’s not something that we necessarily do very much because most organizations are so focused on operations and literally survival as we’re getting through quarter to quarter.” -Glen Hiemstra, Founder and Owner at Futurist.com #FutureOfIT
  • 8. “Many organizations are sandboxing or ring fencing their digital side and not really making the tough choices and decisions to transform their legacy existing organizations.” - Michael Wade, Professor of Innovation and Strategic Information Management at IMD #FutureOfIT
  • 9. “Do something in the organization to take a long-term view, and that might be an exercise, it might be a retreat, there are all kinds of things that you can do to take a longer-term view than you usually do.” - Glen Hiemstra, Founder and Owner at Futurist.com #FutureOfIT
  • 10. I think to successfully navigate digital transformation and protect against digital disruption, all organizations need to develop three core capabilities: • Hyperawareness • Informed decision-making • Fast execution - Michael Wade, Professor of Innovation and Strategic Information Management at IMD #FutureOfIT
  • 11. “If an organization can develop those three core capabilities they have a fighting chance to survive in a much more disruptive digital world.” -- Michael Wade, Professor of Innovation and Strategic Information Management at IMD #FutureOfIT
  • 12. #FutureOfIT Learn more: Listen to the podcast Connected Futures Magazine