{"id":14195,"date":"2018-11-14T00:00:00","date_gmt":"2018-11-14T00:00:00","guid":{"rendered":"https:\/\/blog.planview.com\/4-keys-to-digital-transformation\/"},"modified":"2018-11-14T00:00:00","modified_gmt":"2018-11-14T00:00:00","slug":"4-keys-to-digital-transformation","status":"publish","type":"post","link":"https:\/\/blog.planview.com\/4-keys-to-digital-transformation\/","title":{"rendered":"4 Keys to Digital Transformation"},"content":{"rendered":"<div class=\"feature-image\"><img decoding=\"async\" class=\"aligncenter size-full\" src=\"https:\/\/media.planview.com\/spigit-blog-media\/wp-content\/uploads\/2018\/11\/4-keys-digital-transformation.jpg\" alt=\"\"><\/div>\n<p>Planview IdeaPlace recently hosted <a href=\"https:\/\/www.spigit.com\/resource\/webinar-series\/topcoder-webinar?sgSource=Spigit&amp;sgCampaign=7011S000000cHpA&amp;sgMedium=Blog\" target=\"_blank\" rel=\"noopener noreferrer\">a very informative webinar<\/a> with one of our technology partners, Topcoder &#x2013; the largest talent network and crowdsourcing platform consisting of over one million data scientists, programmers, and technology architects.<\/p>\n<p>Topcoder&#x2019;s VP of Marketing, Clinton Bonner, joined Gareth Bradley, Planview IdeaPlace&#x2019;s VP of Product Management, for a discussion about the role crowdsourcing plays in digital transformation.<\/p>\n<p>It was a fantastic, interactive discussion that covered everything from the fundamentals of crowdsourcing to how companies can digitally transform using the power of the crowd.<\/p>\n<p>In this article, we&#x2019;ll highlight the four keys to digital transformation that were covered on the webinar.<\/p>\n<p><span class=\"header2\">Surface genius from everywhere<\/span><\/p>\n<p>Ideas and great concepts are everywhere &#x2013; internally, from employees, and externally, from customers and partners.<\/p>\n<p>For companies to take advantage of the collective knowledge that exists both inside and outside of their own four walls, they need to think beyond the R&amp;D or executive leadership teams when it comes to sourcing ideas.<\/p>\n<p>If you&#x2019;re an auto manufacturer, go to the plant floor and ask staff. New ideas for products or even process improvements can come out of this as a result.<\/p>\n<p>If you&#x2019;re healthcare company, go to your patients and ask them what they would like to see improved in order for them to have a better experience.<\/p>\n<p>Genius is everywhere ready to be tapped into.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_80 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/blog.planview.com\/4-keys-to-digital-transformation\/#Experiment_rapidly\" >Experiment rapidly<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/blog.planview.com\/4-keys-to-digital-transformation\/#Enable_your_culture_to_try_experiment_fail_and_learn\" >Enable your culture to try, experiment, fail, and learn<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/blog.planview.com\/4-keys-to-digital-transformation\/#Have_a_system_execute_and_measure\" >Have a system, execute, and measure<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Experiment_rapidly\"><\/span><span class=\"header2\">Experiment rapidly<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>During the webinar, we conducted a poll to see what the biggest pain points were people faced when it came to digital transformation.<\/p>\n<p>57% of the attendees acknowledged that their teams move too slow in terms of developing digital solutions, such as mobile apps.<\/p>\n<p>This isn&#x2019;t a surprise.<\/p>\n<p>It&#x2019;s not uncommon for companies to lack the internal technical talent to be able to design, develop, implement, and maintain digital solutions. This is one of the reasons why our partnership with Topcoder is such a huge value add for customers.<\/p>\n<p>Being able to rapidly experiment and execute is crucial for digital transformation as it enables you to fail, learn, and iterate on solutions until they hit their mark. Clinton made a great point about this when he said:<\/p>\n<blockquote>\n<p>&#x201C;You can have all the energy in the world, but if you can&#x2019;t get out of the gate with some strength and get yourself into a healthy cadance, the best laid plans and projects are likely going to die on the vine &#x2013; or be so significantly late that you&#x2019;re no longer first to market or it&#x2019;s no longer a significant innovation by the time it gets to market.&#x201D;<\/p>\n<\/blockquote>\n<p>With the fast paced nature of technology and consumer demand, speed is very important.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Enable_your_culture_to_try_experiment_fail_and_learn\"><\/span><span class=\"header2\">Enable your culture to try, experiment, fail, and learn<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Culture isn&#x2019;t synonymous with innovation.<\/p>\n<p>However, when you start peeling back the layers and take a step back to see what ultimately drives innovation, it all comes back to culture.<\/p>\n<p>Look at the most innovative companies in the world. What do they have in common? Their cultures think and behave differently &#x2013; there&#x2019;s no fear of failure for one. This is what compels employees to challenge the status quo, which leads to innovation.<\/p>\n<p>Digital transformation takes experimentation, which naturally means there&#x2019;s going to be a healthy dose of successes and failures along the way.<\/p>\n<p>For employees, failure without knowing that their company supports their efforts creates hesitation. Hesitation slows the entire transformative process or can even cause it to break down all together.<\/p>\n<p>So, it&#x2019;s important to allow your employees to try, experiment, fail, and learn by putting governance and systems in place that enable it all to happen efficiently without letting things get out of hand.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Have_a_system_execute_and_measure\"><\/span><span class=\"header2\">Have a system, execute, and measure<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Speaking of systems&#x2026;<\/p>\n<p>Having access to ideas is great. But you need a system or program in place that&#x2019;s structured in a way that can help you manage and nurture them to ultimately see ROI, and become predictable with your innovation practices.<\/p>\n<p>This is where both Topcoder and Planview IdeaPlace&#x2019;s technologies play a big role in a company&#x2019;s digital transformation efforts respectively.<\/p>\n<p>As Clinton and Gareth mentioned throughout the webinar: Planview IdeaPlace is great at managing the entire innovation lifecycle &#x2013; surfacing the best ideas, measuring their impact, and nurturing them all the way to implementation &#x2013; and Topcoder is great at providing the technical talent that can turn digital ideas into working prototypes.<\/p>\n<p>When you combine this with rapid experimentation, you create an effective way of ideating.<\/p>\n<p><span class=\"header2\">Final thoughts<\/span><\/p>\n<p>The four keys to digital transformation outlined in this article are based on years of real-world experience, both from Topcoder and Planview IdeaPlace, helping companies around the world improve their digital efforts and execution.<\/p>\n<p>If you&#x2019;re interested in hearing Clinton and Gareth talk more about them in greater detail and more, you can <a href=\"https:\/\/www.spigit.com\/resource\/webinar-series\/topcoder-webinar?sgSource=Spigit&amp;sgCampaign=7011S000000cHpA&amp;sgMedium=Blog\" target=\"_blank\" rel=\"noopener noreferrer\">access the webinar on-demand here.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Planview IdeaPlace recently hosted a very informative webinar with one of our technology partners, Topcoder &#x2013; the largest talent network and crowdsourcing platform consisting of over one million data scientists, programmers, and technology architects. Topcoder&#x2019;s VP of Marketing, Clinton Bonner, joined Gareth Bradley, Planview IdeaPlace&#x2019;s VP of Product Management, for a discussion about the role&#8230;<\/p>\n","protected":false},"author":103,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_editorskit_title_hidden":false,"_editorskit_reading_time":0,"_editorskit_is_block_options_detached":false,"_editorskit_block_options_position":"{}","footnotes":""},"categories":[1],"tags":[],"class_list":["post-14195","post","type-post","status-publish","format-standard","hentry","category-innovation-management"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.8 (Yoast SEO v26.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>4 Keys to Digital Transformation - Spigit<\/title>\n<meta name=\"description\" content=\"Topcoder\u2019s Clinton Bonner and Spigit&#039;s Gareth Bradley discussion the role crowdsourcing plays in digital transformation.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/blog.planview.com\/4-keys-to-digital-transformation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"4 Keys to Digital Transformation\" \/>\n<meta property=\"og:description\" content=\"Topcoder\u2019s Clinton Bonner and Spigit&#039;s Gareth Bradley discussion the role crowdsourcing plays in digital transformation.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/blog.planview.com\/4-keys-to-digital-transformation\/\" \/>\n<meta property=\"og:site_name\" content=\"Planview Blog\" \/>\n<meta property=\"article:publisher\" content=\"http:\/\/www.facebook.com\/pages\/Planview-Inc\/89422974772\" \/>\n<meta property=\"article:published_time\" content=\"2018-11-14T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/media.planview.com\/spigit-blog-media\/wp-content\/uploads\/2018\/11\/4-keys-digital-transformation.jpg\" \/>\n<meta name=\"author\" content=\"Guest Blogger\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Planview\" \/>\n<meta name=\"twitter:site\" content=\"@Planview\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Guest Blogger\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/blog.planview.com\/4-keys-to-digital-transformation\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/blog.planview.com\/4-keys-to-digital-transformation\/\"},\"author\":{\"name\":\"Guest Blogger\",\"@id\":\"https:\/\/blog.planview.com\/#\/schema\/person\/f7f863dba443d377f486441aeb7a0f62\"},\"headline\":\"4 Keys to Digital Transformation\",\"datePublished\":\"2018-11-14T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/blog.planview.com\/4-keys-to-digital-transformation\/\"},\"wordCount\":842,\"publisher\":{\"@id\":\"https:\/\/blog.planview.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/blog.planview.com\/4-keys-to-digital-transformation\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/media.planview.com\/spigit-blog-media\/wp-content\/uploads\/2018\/11\/4-keys-digital-transformation.jpg\",\"articleSection\":[\"Innovation Management\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/blog.planview.com\/4-keys-to-digital-transformation\/\",\"url\":\"https:\/\/blog.planview.com\/4-keys-to-digital-transformation\/\",\"name\":\"4 Keys to Digital Transformation - 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