23
Are We Brave Enough to Are We Brave Enough to Compete in The Compete in The Connected World? Connected World? Greggory R. Garrett Greggory R. Garrett

Are We Brave Enough to Compete in The Connected World?...Title: Microsoft PowerPoint - GGarrett - Braving Competition in the Connected World - DO NOT DISTRIBUTE FOR CONFERENCE SESSION

  • Upload
    others

  • View
    5

  • Download
    0

Embed Size (px)

Citation preview

Page 1: Are We Brave Enough to Compete in The Connected World?...Title: Microsoft PowerPoint - GGarrett - Braving Competition in the Connected World - DO NOT DISTRIBUTE FOR CONFERENCE SESSION

Are We Brave Enough to Are We Brave Enough to Compete in The Compete in The

Connected World?Connected World?

Greggory R. GarrettGreggory R. Garrett

Page 2: Are We Brave Enough to Compete in The Connected World?...Title: Microsoft PowerPoint - GGarrett - Braving Competition in the Connected World - DO NOT DISTRIBUTE FOR CONFERENCE SESSION

Disclaimer: My Perspective

IT© Copyright CGS Advisors, LLC 2016

Page 3: Are We Brave Enough to Compete in The Connected World?...Title: Microsoft PowerPoint - GGarrett - Braving Competition in the Connected World - DO NOT DISTRIBUTE FOR CONFERENCE SESSION

Automotive? Buzz

* SAE International - http://articles.sae.org/14101/

© Copyright CGS Advisors, LLC 2016

Page 4: Are We Brave Enough to Compete in The Connected World?...Title: Microsoft PowerPoint - GGarrett - Braving Competition in the Connected World - DO NOT DISTRIBUTE FOR CONFERENCE SESSION

© Copyright CGS Advisors, LLC 2016

3.65B

Page 5: Are We Brave Enough to Compete in The Connected World?...Title: Microsoft PowerPoint - GGarrett - Braving Competition in the Connected World - DO NOT DISTRIBUTE FOR CONFERENCE SESSION

© Copyright CGS Advisors, LLC 2016

54%

Page 6: Are We Brave Enough to Compete in The Connected World?...Title: Microsoft PowerPoint - GGarrett - Braving Competition in the Connected World - DO NOT DISTRIBUTE FOR CONFERENCE SESSION

© Copyright CGS Advisors, LLC 2016

ConnectedStuff

By Sporst

Page 7: Are We Brave Enough to Compete in The Connected World?...Title: Microsoft PowerPoint - GGarrett - Braving Competition in the Connected World - DO NOT DISTRIBUTE FOR CONFERENCE SESSION

© Copyright CGS Advisors, LLC 2016

ConnectedStuff

By Sporst

“50” Billion

Page 8: Are We Brave Enough to Compete in The Connected World?...Title: Microsoft PowerPoint - GGarrett - Braving Competition in the Connected World - DO NOT DISTRIBUTE FOR CONFERENCE SESSION

© Copyright CGS Advisors, LLC 2016

ConnectedStuff

By Sporst

“50” Billion

99%

Page 9: Are We Brave Enough to Compete in The Connected World?...Title: Microsoft PowerPoint - GGarrett - Braving Competition in the Connected World - DO NOT DISTRIBUTE FOR CONFERENCE SESSION

Is this a Product Conversation?

© Copyright CGS Advisors, LLC 2016

Sensors Data Insights Services

Page 10: Are We Brave Enough to Compete in The Connected World?...Title: Microsoft PowerPoint - GGarrett - Braving Competition in the Connected World - DO NOT DISTRIBUTE FOR CONFERENCE SESSION

© Copyright CGS Advisors, LLC 2016

The World Is Connecting!

Page 11: Are We Brave Enough to Compete in The Connected World?...Title: Microsoft PowerPoint - GGarrett - Braving Competition in the Connected World - DO NOT DISTRIBUTE FOR CONFERENCE SESSION

Why is this Happening?

© Copyright CGS Advisors, LLC 2016

+ Kinematics + Machine Learning

Page 12: Are We Brave Enough to Compete in The Connected World?...Title: Microsoft PowerPoint - GGarrett - Braving Competition in the Connected World - DO NOT DISTRIBUTE FOR CONFERENCE SESSION

So What?© Copyright CGS Advisors, LLC 2016

Page 13: Are We Brave Enough to Compete in The Connected World?...Title: Microsoft PowerPoint - GGarrett - Braving Competition in the Connected World - DO NOT DISTRIBUTE FOR CONFERENCE SESSION

the Next Discontinuity

© Copyright CGS Advisors, LLC 2016

…Massive Change in Context in the world in which you will

live, work, and play!

Page 14: Are We Brave Enough to Compete in The Connected World?...Title: Microsoft PowerPoint - GGarrett - Braving Competition in the Connected World - DO NOT DISTRIBUTE FOR CONFERENCE SESSION

© Copyright CGS Advisors, LLC 2016

Technological Discontinuity

Page 15: Are We Brave Enough to Compete in The Connected World?...Title: Microsoft PowerPoint - GGarrett - Braving Competition in the Connected World - DO NOT DISTRIBUTE FOR CONFERENCE SESSION

Disruption of Industries

© Copyright CGS Advisors, LLC 2016

Disruption Beyond Industries

Page 16: Are We Brave Enough to Compete in The Connected World?...Title: Microsoft PowerPoint - GGarrett - Braving Competition in the Connected World - DO NOT DISTRIBUTE FOR CONFERENCE SESSION

An Autonomous Vehicle

Technological Discontinuity Forces Strategic Change

© Copyright CGS Advisors, LLC 2016

Page 17: Are We Brave Enough to Compete in The Connected World?...Title: Microsoft PowerPoint - GGarrett - Braving Competition in the Connected World - DO NOT DISTRIBUTE FOR CONFERENCE SESSION

An Autonomous Vehicle

For Which Connected Strategy Are you Innovating?

• What business Are we In?• Eg: Automotive Manufacturing vs. Mobility/Transportation vs. Consumer Electronics

Corporate Strategy

• How do we compete?• Eg: Make vehicle for individual consumer vs. Make vehicle for autonomous fleet

Business Strategy

• How do we best deploy our resources?• Eg: Develop data science expertise vs. traditional IT vs. Product IT

Functional Strategy

Page 18: Are We Brave Enough to Compete in The Connected World?...Title: Microsoft PowerPoint - GGarrett - Braving Competition in the Connected World - DO NOT DISTRIBUTE FOR CONFERENCE SESSION

Example: Before the discontinuity

© Copyright CGS Advisors, LLC 2016

Value on Discrete offering of Things

Competition between Firm’s Value

Stability in Markets and Industries

The Value is in offering of Things

Firm’s Offering of Things

Firm’s Offering of Things

Market A

Market B

Firm 2

Firm 1

Page 19: Are We Brave Enough to Compete in The Connected World?...Title: Microsoft PowerPoint - GGarrett - Braving Competition in the Connected World - DO NOT DISTRIBUTE FOR CONFERENCE SESSION

Example: After the discontinuity

© Copyright CGS Advisors, LLC 2016

Firm’s Offering of Things

Firm’s Offering of Things

Reshape Markets (Combine, Different

Segments, etc.)Firm 2

Firm 1

Things Inform Each Other

Informed Things Generate Services

New Services Change Markets

Page 20: Are We Brave Enough to Compete in The Connected World?...Title: Microsoft PowerPoint - GGarrett - Braving Competition in the Connected World - DO NOT DISTRIBUTE FOR CONFERENCE SESSION

An Autonomous Vehicle

Look Out for Structural Inertia!

© Copyright CGS Advisors, LLC 2016

© Copyright CGS Advisors, LLC 2016

Page 21: Are We Brave Enough to Compete in The Connected World?...Title: Microsoft PowerPoint - GGarrett - Braving Competition in the Connected World - DO NOT DISTRIBUTE FOR CONFERENCE SESSION

© Copyright CGS Advisors, LLC 2016

Dominant Logic – Can you Learn a New Dance?

Page 22: Are We Brave Enough to Compete in The Connected World?...Title: Microsoft PowerPoint - GGarrett - Braving Competition in the Connected World - DO NOT DISTRIBUTE FOR CONFERENCE SESSION

The New Dance…

© Copyright CGS Advisors, LLC 2016

What Do you Count?

What do you code?

Awareness vs.

Marketing?

Transform Traditional Functions

Launch New Functions

Alliance Management

Integration & Alignment

Product vs Services

Page 23: Are We Brave Enough to Compete in The Connected World?...Title: Microsoft PowerPoint - GGarrett - Braving Competition in the Connected World - DO NOT DISTRIBUTE FOR CONFERENCE SESSION

© Copyright CGS Advisors, LLC 2016

@@gREGGORYgARRETTgREGGORYgARRETTGreggory.Garrett@[email protected]