DBRIEF
How private equity firms can adopt a digital mindset
Digital Prism Advisors has been working with clients in the private equity industry since our inception six years ago. We’ve helped PE firms win better deals by assessing the technical, product and business capabilities of target acquisitions and we’ve helped their...
5 Skills Every Chief Digital Officer Needs…
The rise of the Chief Digital Officer is here. By 2016, around half of Fortune 500 companies had CDOs navigating the waves of digital innovation and disruption in their businesses. It’s a progressive position, taking pressure off both overburdened CIOs and CMOs while...
Lessons learned from Netflix’s double pivot
I am a longtime Netflix subscriber and one of the few people who still gets DVDs in addition to the streaming package. It is a company I admire, and one of the very few that has pulled off a successful pivot not just once, but twice. Pivot #1: Shifting from DVDs...
Hey Siri, what time is high tide?’
Apple announced the HomePod last week, the latest entry into the smart speaker market. Powered by Siri, Apple promises not just an intelligent assistant, but intelligent sound. Despite the high price tag, this device could be the hottest holiday gift this December....
dBrief: Unlock your digital potential through Gen Z
Organizations that tap into the potential of their youngest, digital-native employees will see gains in job satisfaction as well as the bottom line. We review some easy, proven ways to make Generation Z workers more involved and valued, while improving employee...
dBrief: Ready for digital transformation? Not until you’ve also transformed your business model
Many business leaders today are eager to embrace the concept of “digital transformation,” which gives data and technology a central player in business success. But enterprises that continue to rely on legacy business models will still fall behind, as more nimble...
dBrief: Robotic Process Automation: Lessons Learned
Robotic Process Automation (RPA) involves the use of bots or artificial intelligence to emulate human keystrokes and mouse clicks to automate rote tasks – thus saving on labor costs and tedious processes. In this case study of a dPrism client, we offer some valuable...
dBrief: Strategic alignment: How to navigate the multiverse
Achieving top-to-bottom alignment on strategic direction is one of the most vexing problems facing leaders of any organization. In this case study we illustrate how any for-profit or not-for-profit organization can create a strategic plan with measurable goals that...
dBrief: Platforms for growth: Business models for a digital world
There is an increasing understanding that driving future sustainable growth in the transformed digital economy requires us to think differently about the structure, operations and product strategy of our businesses. The label for this new approach is a “platform...
dBrief: Three keys to making effective technology decisions
Looking for assurance that you’re making the right investments in technology? Below, we outline three factors that are critical to successful technology decisions – irrespective of what brands or type of gear and software you choose. When talking with prospects and...
dBrief: Use ‘design thinking’ like a tech giant
What does it mean – and how can organizations begin to embrace the principle? Below we lay out the steps you can take to put design thinking to work. Our daily lives seem permeated at every level by experiences that delight us, often enabled by technology that is easy...
dBrief: Take the process automation journey – but plan ahead
When considering RPA and AI to automate your business processes it may be tempting to get caught up in the spontaneity and excitement of the journey and skip the planning phase. Smart, effective RPA solutions require that you first engage in proper pre-planning and...
Change not sticking? Build a community
People feel safe, connected, and understood in their communities. So, if you want to drive change across a large organization, it makes sense to use a community-based approach as a vehicle for building a sense of ownership and shared purpose with the staff effected by...
Collecting user feedback – the old-fashioned way
Recently at the offices of one of the most technologically advanced companies in the world, I was reminded of the value of low-tech customer feedback techniques. Google is celebrated (and feared) for the volumes of user testing it conducts on each facet of its...
Help your organization solve the privacy paradox
Of all the changes wrought by the internet and social media, the technology that allows companies, governments and individuals to track people’s digital footprints is among the most promising and the most perilous. From a business perspective, it’s promising, because...
Five steps for a sustainable automation solution
Since the Industrial Revolution, companies have sought competitive advantage through gains in process efficiency. Non-farm U.S. labor productivity has steadily advanced at an annual average of 2 percent for the past two decades, reflecting the relentless drive by...
The three digital technologies you’ll need to transform your business
According to Google Trends, the phrase “digital transformation” reached “peak” popularity the week of January 13 this year, meaning that during no prior week was the term as popular. Google indexes the peak at 100 on a scale of 0-100, so to put this popularity in...
Improving your customer experience: Lessons from a simple oil change
Normally I take my car to a dealer for service, even for an oil change. I’ve always assumed that the dealer knows my car best and I can be assured the parts and service meet manufacturer's specifications. My dealers do, however, require an appointment, and waiting...
The culture of velocity in getting stuff done
When I reflect on some of the most foundational and inspirational books I’ve read in my career, one of the most important was a 2002 work called “Execution: The Discipline of Getting Things Done" by former Honeywell CEO Larry Bossidy. Today the guidance in this book –...
Sony’s journey from transformation loser to winner
Back in March, 2015 I wrote an article on the company that I saw as the biggest transformation failure in the last 20 years: Sony Corp. At the time, the company was suffering from a combination of competition from Chinese and Korean electronics products that made the...
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