Set the strategy for how to capture value from technology and data, and scale the impact of digital
Digital business requires a wide scope of technology innovation and engaging a broad range of external players. More partners and new competition means new business rules and different risks. In this setting, you need to make sharp decisions to not spread yourself too thin or put all eggs in one basket.
We help make strategic decisions by creating a red thread of plans forming “competitive vectors” that link business objectives to the technology stack. Thereby ensuring that digital business goals become reality and can scale.
Value capture strategy can be based on four types of analyses:
- Technology value contribution mapping to understand which parts of the tech stack that contribute the most to business objectives.
- Innovation execution planning to define what it takes to close gaps between current and wanted positions in top-critical areas.
- Make-buy-partner analysis to determine the most effective way to access the technology, data and knowledge needed to close gaps.
- Control strategy analysis to define which control mechanisms to use to capture value, including patents, trade secrets and contracts.
Value capture strategy concretize how to build and grow digital business, translating business strategic priorities to the technology stack based on in-depth understanding of internal conditions and the external landscape. It provides hand-on guidance for how to build the digital capability; through talent acquisition to obtain the right skillsets and systematic make-buy-partner decisions.
Client challenges
- There are so many options in digital, how do we focus our investments and resources where they matter the most?
- How can we access needed digital technology without over-paying to suppliers, partners and M&A targets?
- How can we ensure trust and openness to engage customers and partners, and access the data needed?
- How should we defend our competitive edge and ensure freedom to act in a rapidly transforming digital markets?
- How do we develop a digital strategy that is not just a high-level visions that never makes it off the page?
