Decisively Digital. Alexander Loth

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СКАЧАТЬ More so than ever, 2020 has shown us that businesses that can adapt and evolve quickly are resilient to unforeseen or sooner-than-expected change in the environments that surround them. To be successful in the digital world, businesses need to understand the metrics that make them tick, leverage data to understand changes in their environment early, and be ready to course-correct quickly.

      Alexander: How can technology shift the roles and responsibilities of the workforce?

      Patrick: Technology in many ways makes much of our work more measurable and thereby more predictable. While it helps businesses to be more efficient, it can make individuals feel uncomfortable or left behind. To successfully adopt technology, it is important to bring the workforce along as the technology gets introduced — so they can use it to their advantage rather than being afraid of it. With information having become a ubiquitous commodity, the ability to leverage it with technology has become an invaluable skill.

Alexander: Which technology or digital capabilities are essential for a digital strategy?

       Efficient communication tools and the ability to work from anywhere and at any time are top-of-mind capabilities, independent of industry or market segment.

      Patrick: Even in the digital world, there is a workforce behind products, solutions, and services that are built and provided. Enabling that workforce to do their best work is going to yield the best business impact. Efficient communication tools and the ability to work from anywhere and at any time are top-of-mind capabilities, independent of industry or market segment. A close second is business KPIs — prioritized by the impact of improving them. What would move the needle the most? A 20 percent change in lead-acquisition cost, customer satisfaction, COGS, employee retention? Implementing the tools to measure those indicators reliably and transparently is the basis for driving continuous improvement around them.

      Alexander: Today, many companies use email as their main communication channel. Are there better approaches?

      Patrick: Companies often encourage the use of email instead of distracting, spontaneous phone conversations, but chat tools like Slack or Microsoft Teams are able to bridge that gap much better. They enable real-time conversations where needed but allow members to adjust notifications to what fits their working style to avoid distractions. By implementing channels, companies can make many formerly private conversations public to their teams and co-workers. Doing so enables new team members to learn along the way and experienced team members to save time, and instead of building tribal knowledge, companies create invaluable pools of information that are accessible and searchable for years to come.

      Alexander: If a company offers multiple ways to communicate (email, chat, phone), which channel should be used for which purpose? Do you have examples or best practices?

Patrick: Email is a great tool for long-form, asynchronous communication. It works well for bidirectional exchanges with single individuals or exceedingly small groups. It also works great as a broadcasting tool for unidirectional one-to-many use cases.

      Chat is great for exchanging bits of information, getting questions answered quickly, and looping additional people into conversations. It works great for distributed teams, across time zones and even languages. Once a conversation turns complex enough to require multiple paragraphs of text, a phone or video conversation can often be the more efficient tool — ideally scheduled in advance so participants have time to prepare or invite other subject-matter experts.

      Alexander: How about collaboration? Which approach could a distributed team use to work together on a whitepaper or a sales deck?

      Patrick: Platforms like Microsoft Office 365 or Google G Suite offer great collaboration tools for all kinds of documents and are integrated with chat solutions such as Microsoft Teams or Slack.

      Alexander: How could a company skill up their employees fast without leaving anyone behind?

      Patrick: By having access to well-crafted training through a learning management system, employees can learn at their own pace. By selecting solutions that are leading in user experience and similar to consumer services, companies can shorten the time to productivity and increase employee satisfaction.

      Alexander: What will happen to companies that do not level up in digital maturity and organizational readiness?

      Patrick: The workforce of today and tomorrow expects to be able to work from anywhere and at any time. Not offering and working with state-of-the-art technology is not only a competitive disadvantage but also a disadvantage in attracting the best talent in the labor market.

      Alexander: Do you see a chance in low-code environments for employees to design business processes without software development skills?

Patrick: By moving enterprise software from what used to be custom on-prem solutions to globally available cloud solutions, data and services have become a lot more unified and accessible. With that, marketplaces for plugins and extensions for thousands of enterprise scenarios have become available for every solution. Automations that required a team of highly specialized engineers only a few years ago can now be created in drag-and-drop interfaces in a matter of minutes.

      Alexander: Ten years from now, how do you think our workplace will look?

      Patrick: In tech, one of the key trends we have witnessed over the past 10 years is that more and more of companies' tech stacks got commoditized. Where companies had to entertain data centers and have teams of engineers available around the clock to maintain infrastructure, we now have smaller DevOps teams that can provision services with infinite scaling capabilities at the click of a button. The result is that most of the workforce are working on creating customer value, at the core of companies' DNAs. I imagine this trend will expand to other, nontech sectors of the market through more outsourcing and usage of highly reusable platform concepts.

      Alexander: Why do data visualizations have such a strong impact on our decisions?

      Patrick: The old adage “a picture is worth a thousand words” still holds true for modern-day businesses. Data visualizations can be made up from millions of individual data points but still convey an insight while just glancing at them. They can provide insights into past performance and real-time trends, are used to forecast future KPI development, and often are the language that subject matter experts use to drive conversations with higher-level executives, such as a company's leadership team.

      Alexander: Why is data storytelling the essential data science skill that everyone needs?

Patrick: A few years ago, the act of just collecting data is what put many companies ahead of the curve. Today, it is hard to imagine not having data available. It turns out that just having data, often very raw data, is only a fraction of the equation. Being able to interpret data and understand it in the very context of a business and derive insights and suggest actions based upon it are important skills that enable us to extract true value out of data.

      Alexander: How can everyone learn to communicate better with data?

      Patrick: Without data, conversations are often driven by personal experiences and expectation bias and are generally subjective. With objective data in the room, conversations become a lot less emotional and a lot more focused on the subject matter. The key to СКАЧАТЬ