Digital visionary and scholar Professor Gianvito Lanzolla of Cass Business School London shared his thoughts on how manufacturers in the pandemic era can build internal resiliency through an outward view of digital transformation. Prof. Lanzolla has advised brands such as Apple, Microsoft, IBM, Vodafone Group, BBC and more.
Originally planned as an in-person event with our partner Make UK, the virtual session yielded rich discussions by Prof. Lanzolla and Irfan Karahoca, senior technology and alliance manager at HULFT.
Key summaries and replays
The great supply chain disruptors: COVID, geopolitics
It’s not enough to look inward at your digital transformation initiatives. Outside forces beyond our control are putting digitalization efforts under extreme pressure. Heightened tensions and protectionist views are pushing companies to react differently. Organizationally, your supply chains need solutions that drive efficiency, transparency, precision, and control.
A new normal
Traditionally, digitalization and connectivity are the driving forces of digital transformation. But we’re moving toward a new, post-pandemic era where the blending of digital and physical will set the backdrop of the Fourth Industrial Revolution.
Technology isn’t the only driver of digital transformation
It’s time to relinquish assumptions that technology is the center of all change. Successful organizations will push themselves from adoption to evolution to adaptation. Full transformation is realized when external factors are fused with internal dynamics.
A progressive corporate purpose built for resiliency
Simply creating value for customers isn’t enough; simply meeting compliancy is only part of the story. To stay resilient, we must build trust and legitimacy with our customers.
Manufacturers, are you making or connecting?
Building digitization will drive efficiencies, but it’s short lived. Investing in digital innovation isn’t enough either. Manufacturers that survive the new normal will tear down traditional frameworks of thinking and doing in order to adapt to these external forces.
Data is still the lifeblood of organizations, but silos slow down transformation efforts. Here are three reasons:
- Too many legacy systems and home-grown applications
- Data sharing isn’t part of the corporate culture
- Daunting data integration challenges and lack of an API strategy