MIT CISR Digital Leadership Summit

We are putting together a terrific day for our C-level attendees, featuring presentations and discussions led by Peter Weill, Jeanne Ross, Kristine Dery, Barb Wixom, and Joe Peppard from MIT CISR plus an MIT faculty keynote. Our topics will include designing digital organizations, the employee experience, generating value from data, the future of the IT unit, digital pathways and more.

Each attendee will receive a copy of Peter Weill and Stephanie Woerner’s forthcoming book “What’s Your Digital Business Model?” and Peter will lead a discussion about using the assessments in the book.

The day will start with continental breakfast and check-in at 8:00 a.m., with the program starting promptly at 8:30. Our last session will end at 5:00 p.m., and we'll finish up with a reception until 6:00. 

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  • Tuesday, May 22, 2018
  •  
    8:00 AM  -  8:30 AM
    Check-in and Continental Breakfast
    8:30 AM  -  8:40 AM
    Welcome & Logistics
    Speaker:
    8:40 AM  -  9:10 AM
    Town Hall: What does digital leadership mean?
    Speaker:
    9:10 AM  -  10:10 AM
    Designing Digital Organizations
    Even in our digital world, one thing hasn’t changed: business success depends on well-designed and carefully integrated people, processes, and platforms. What has changed? Everything we thought we knew about those people, processes, and platforms. In this session we will debate how to design successful digital organizations.
    Speaker:
    10:10 AM  -  10:40 AM
    Break
    10:40 AM  -  11:00 AM
    Spotlight: EX is the new CX
    Designing great experiences for our customers requires us to design even better experiences for our employees. Investing in the digital workforce not only supports the existing customer experience, but also shapes future innovation opportunities to deliver business value.
    Speaker:
    11:00 AM  -  11:40 PM
    Case Study: BBVA
    In April 2018, BBVA won the Society for Information Management best paper award for the establishment of its data science center of excellence (COE). In this session, we will explain what makes BBVA’s COE activities exemplary—and share select practices that may help your organization accelerate the spread of data science and maximize financial returns from data science investments.
    Speaker:
    11:40 AM  -  12:00 PM
    Spotlight: Accelerating Digital Transformation: Learning to Test and Learn
    To counter pervasive uncertainties in the business and technology environment and prioritize the most strategic innovation projects from myriad options, organizations are taking a test-and-learn approach to innovation investments. This session will describe three principles that we have identified around which firms have built test-and-learn capabilities and increased the strategic impact of their digital innovations.
    Speaker:
    12:00 PM  -  1:00 PM
    Lunch
    1:00 PM  -  2:00 PM
    Managing Organizational Explosions Along the Pathway to Transformation
    Firms who are more than 50% complete in their digitally enabled business transformations have 66% higher margins and 84% higher growth then the rest of companies in our global study. These firms have had to grapple with four different potential organizational explosions to achieve a successful transformation e.g. changing decision rights. In this session we will explore how leaders of these top performing firms have negotiated the potential explosions through case studies and surveys from more than 1000 companies. Then we will have a conversation about how the digital leaders in the room are dealing with the same challenges.
    Speaker:
    2:00 PM  -  2:30 PM
    Orchestrating Initiatives on the Digital Transformation Journey
    As they strive to achieve their digital vision, organizations typically launch a variety of different initiatives. Each is likely to vary in its scale, timing, level of buy-in, and face very different obstacles. As well as balancing the ‘old’ with the ‘new,’ there is also the distinct likelihood of different ‘digital’ maturity levels across management teams, business units and operating entities. Significant organizational change is inevitable, possibly even cultural and mindset adjustments. This session will explore the challenges of orchestrating diverse initiatives, with Jody Davids (SVP & Global CIO, PepsiCo Inc.), Alan Eddie (CIO Trading Technology, Nordea Bank) and others sharing lessons from their experiences.
    Moderator:
    Panelist:
    2:30 PM  -  3:00 PM
    Break
    3:00 PM  -  4:15 PM
    Digital Transformation Challenges
    MIT CISR has identified five building blocks that enable digital transformations. In this session, we will debate how companies can approach development of those building blocks to create new digital solutions while sustaining traditional sources of revenue.
    Speaker:
    4:15 PM  -  4:45 PM
    How Digitally Savvy Are Boards? And Does It Matter?
    Using natural language processing, we analyzed director backgrounds to estimate “digital savviness” of 25,000+ Board members and 3000+ Boards. We then correlated digital savviness with measures of financial success. We will present some provocative results and debate the implications.
    Speaker:
    4:45 PM  -  5:00 PM
    Wrap-up and Feedback
    5:00 PM  -  6:00 PM
    Reception
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