The digital transformation is in full swing! If you want to keep pace, you should start looking for new talents to innovate your business. But keep in mind: digital talents are in great demand and so they can be very selective with their new employer, especially the top-tier innovators need certain incentives. We provide some tips for you on how to best attract these digital minds and win them for you in the competition for creative digital heads.
At the beginning of every new year, the German startup website Für-Gründer.de takes a close look at all of the startup competitions being organized in Germany. When they first embarked on their annual endeavor, there were 124 such contests. Now that number has risen to over 163. A good 20,000 applications came flooding into the competition mailboxes in 2016. Of those, 756 startups received an award from an expert panel of judges. So it looks like startup competitions are groovy-groovy at the moment. Small wonder really: startups are fully aware of the benefits of taking part in a competition – above and beyond the obvious prize money.
Is it all just about the money?
If you don’t think of Dublin as a good city for startups, you should change your mind quickly. The capital city of Ireland is ranked among the top ten cities in Europe for startups – and this is not without good reason! Dublin is like a bridge between the US and Europe and offers a lot of possibilities to start a business. Already more than 1,200 startups figured this out, including sectors like FinTech, EdTech and HealthTech. Surrounded by influential tech firms like Google, Facebook, Twitter and Amazon, Dublin is an attractive location to get off to a flying start with a new successful business. So let us discover the strengths, weaknesses and special powers of Dublin as a tech startup hub!
A highly insightful panel discussion, two inspiring talks from the different worlds of corporate life and startups, plus an audience which just kept digging deeper. These were just some of the highlights of the CODE_n event held on February 21, 2017 at CODE_n SPACES: The Art of Guidance – The Complexity of Leading Corporations and Startups
Digital transformation is not just about technology. Even access to the best tech doesn’t ensure digital success. Instead, successful digital transformation requires an overall cultural change! What companies really need to face the challenges of digitalization are flexible and proactive employees. And ahead of them: managers embracing the cultural change and driving digital transformation forward. But, as you might have noticed, many traditional managers struggle to keep up with the fast-changing environment and new working styles. So, let’s see what makes the difference for leadership in digital transformation!
The customer is king and the king wishes new services nowadays. Induced by digitalization he has changed his expectations on services and products. While the customer can access product information and purchase easily mobile – whenever and wherever he wants – the competition between companies grows stronger. Thus, the most effective way to distinguish yourself from competitors remains the customer experience: it already drives two thirds of the decisions customers make, according to an insight by McKinsey. The motto is: provide a great customer experience – or you may lose your customer. And as usual, technology is your friend! Read on to find out how digital transformation and data analytics help to improve the customer experience.
If you are working at a startup or in an innovation team you most likely know this feeling: you have so many projects and to-dos on your list that you don’t even know where to start. In the fast-paced startup environment, new ideas and tasks come up daily and challenge you in every way. But as a thriving entrepreneur you never lose your motivation and drive to tackle them all! Eventually, you will master the art of multitasking and surpass yourself to reach your goals. And we have got the tools to support you on this journey! Read on to find out how to master time management with the Eisenhower Matrix and stay on top of things with help of the Project Portfolio Matrix.
We witness a mass extinction. Only the ones who adapt to their environment will survive. No, we are not talking about birds on the Galapagos Islands – we are talking about companies everywhere! The laws of nature equally apply to the business world: digitalization rapidly changes technology and society and forces companies to adapt fast enough – or die. Corresponding to Darwin’s principle of natural selection, we call this phenomenon Digital Darwinism.
Digital Darwinism is a threat for the “business as usual”. In fact, only 71 companies remain today from the original 1955 Fortune 500 list. The one thing that the failed companies have in common: a missing or miscarried digital strategy. No threat, you say, as most modern companies already went digital? So far so good, but the crux of the matter is the very fast pace of digital change: it is not some innovation now and then that companies need to react to. It is digital disruption that completely revolutionizes business models and consumer expectations – and it won’t end. It is possible because technology is now approachable by anyone with an idea to do something different or better. This constant innovation leads to disruption: everything can change and everything is changing. More…