«I am very critical when it comes to Silicon Valley safaris»

Jan Sedlacek General Leave a Comment

Customer-oriented, keen to experiment and networked – Jan Sedlacek, co-founder of business consultancy Stryber, knows what makes successful executives in the digital age. In an interview with the renowned think tank GDI, he explains why this is less about skills than about the way of thinking. GDI: Why do many companies have difficulties in using digitization to their advantage? Jan …

Digital Animal

3-minute test: How digital is your company?

Team Stryber Study

Are you a digital dinosaur? Determine what kind of digital animal your organization is. To visualize digital maturity we are mapping the results to an animal in the lineage of the birds; from the first dinosaur ancestors up to the sparrows, the most adaptive living species of birds. We will use the data generated through this test for a study …

Modern device. Energetic vigorous smart woman showing finger while smirking and staring at screen

What does digitization really mean? – A framework for practitioners

Jan Sedlacek General Leave a Comment

“Digitization” seems to be the master keyword to unlock just about any business conversation these days, it’s literally omnipresent. And yet there is no established definition. The original meaning of the term was converting analogue signals into binary ones. The prime example of that meaning was digitizing music to CDs. However, this narrow definition does not do justice to the …

Aspects of digitization: Systemic Customer Centricity

Jan Sedlacek General Leave a Comment

What is very unique to Digital innovation is that the underlying technology also enabled something alien for quite many traditional businesses: Systemic customer centricity. There is nothing romantic in a humanist kind of way in that, no: It’s very simply that technology turns customer intimacy into a competitive advantage and hence an edge of growth or margin. This is unprecedented …

Digitalization Cultural Change

Aspects of digitization: Cultural transformation & organization

Jan Sedlacek General Leave a Comment

Many automation initiatives turn out not to be as easy to implement as initially thought because they face internal resistance. That’s when many organizations realize that there is also an important aspect of a cultural transformation to digitization. Hence they start to “work on” their culture, e.g. through management tours through Silicon Valley, the hiring of agile coaches, the introduction of …

IT Process

Aspects of digitization: Systems & process transformation

Jan Sedlacek General Leave a Comment

Progress in becoming more digital is most easily achieved by automating existing processes or products, may be mixed in with some UX improvements that come in handy along the way. But there is usually a clear cut business case for cost reduction behind those initiatives with a quick and easy to calculate return of investment. This explains why “digitization” today …

Aspects of digitization: Business model innovation

Jan Sedlacek General Leave a Comment

Once organizations start to have an internal awareness of the fundamental changes going on through the digitization, they start to look outside their walls (e.g. through “Open Innovation”) and discover that there are alternative ways of thinking about their own business. It’s usually startups or products of large tech companies, which start to directly attack parts of the legacy business …

Aspects of digitization: Technology innovation

Jan Sedlacek General Leave a Comment

Technology innovation is driven by exploring what is technologically just feasible at a given time. It often stems from fundamental research in any field of science, without use cases in mind in the first place. Technology innovation is not the defining element for succeeding in a digital environment, but it’s a prerequisite to make the evolution of new digital models …

Navigating Corporate Innovation

Alexander Mahr General, Opinion Leave a Comment

As new business models hit more and more industries in an increasing pace, incumbents are challenged to respond. And they do respond. However, from an outsider’s point of view, this can often look a bit funny. Steve Blank, adjunct professor at Stanford, coined the phrase “innovation theater” referring to corporate innovation programs failed to achieve top or bottom line impact. …

When is the right time to disrupt yourself?

Jan Sedlacek General, Opinion Leave a Comment

Well, the only correct answer to this question is: Right now! But it’s the wrong question. Yesterday we’ve been asked about the best timing for disruption for the second time this week (which was on Tuesday), by a senior manager of a large corporation. That’s why we’ve decided to share some thoughts on this. It seems to us that timing their …

German Company Builders have stopped company building – How can they evolve?

Alexander Mahr Opinion Leave a Comment

Since Rocket Internet has come to live in 2007, the model of a Company Builder or Startup Studio became increasingly popular – not only in Germany but also internationally, especially in the US. Often, these companies get formed by former entrepreneurs who invest their own money alongside with their investor’s. In a way very similar to many venture capital funds. However, a Company …

Digital Transformation explained – How does it impact your business?

Alexander Mahr Opinion Leave a Comment

Digital Transformation is a heavily used buzz word these days. In our daily work we realize that there are multiple views on Digital Transformation and what exactly it is. This often causes confusion. In the presentation attached, we would like to offer our perspective on what it is, what drives it, and how it impacts your business. The Stryber Digital Transformation …

FinTech – Digitale (R)evolution im Finanzsektor?

Jan Sedlacek German, Industry briefing, Study Leave a Comment

Eigentlich sollte man annehmen, dass die rasch voranschreitende Digitalisierung den Finanzsektor bereits auf den Kopf gestellt haben müsste, handelt es sich doch um eine Industrie, die vollständig auf der Informationsverarbeitung basiert und sich damit für die Digitalisierung mindestens genau so anbietet wie etwa der Tourismus oder die Medienbranche. Allerdings scheint sich, abgesehen von wenigen interessanten Ventures, vielen oberflächlichen Leuchtturm-Projekten der grossen …

KMU-Innovations-Update 2016

Alexander Mahr German, Industry briefing Leave a Comment

Kleine und mittlere Unternehmen sind das Rückgrat unserer Wirtschaft – sie sind Handwerksbetriebe und Dienstleister, sind wichtige Kunden für Telekommunikations- und Medienkonzerne und adressieren relevante Nutzerbedürfnisse. Nach frühen Internet-Geschäftsmodellen wie Online-Kleinanzeigen und Marktplätzen, gibt es spannende Innovationen in klassischen und neuen Segmenten zu beobachten. Hier unsere Auswahl für 2016…

Update on price comparison websites – Google and Amazon taking pole position

Alexander Mahr Industry briefing Leave a Comment

Price comparison websites are the darlings of many media companies’ investment arms, especially when they can invest with media-for-equity deals. Price comparison gives orientation in many different situations – whether you need a loan, want to book your next travel or a new mobile phone subscription. Hence, it seems to be a good way to monetize a media company’s audience. …

"What Shall We Do Next?" – From Corporate to Startup

Alexander Mahr Case study Leave a Comment

Everything starts with the question: “what’s next in the company’s digital growth strategy?” We hear this question a lot in board rooms. Only very few corporates have a clear plan – and even if they have, markets and competitive ecosystems can change quickly. The best companies always challenge their plans and have a structured strategy process to update their plans continuously. Some companies …

The Strategy Divide – Or: Why you need to do strategy digitally

Jan Sedlacek Opinion Leave a Comment

Digital Transformation, Design Thinking, Lean Business Model, Digital Change… Many such words are trending the corporate speech charts these days. Hardly a CEO who doesn’t have his own portfolio of digital pet projects or hasn’t yet hired a CDO, a chief digital officer. The ongoing hype vividly recalls the boom of the first dot com rush at the end of the 90s …

German Real Estate Tech Market in 2015 – A (R)evolution?

Alexander Mahr Study 1 Comment

Germany is the largest country in the European Union by population and hence, its real estate market has a significant volume: in 2014 EUR 195 billion have been invested in the real estate market overall and in 2015 a total investment volume of EUR 230 billion is expected in the building sector. Despite of 245 thousand newly constructed buildings, the …

The Corporate Accelerator Program Flood – A Blessing or a Curse?

Alexander Mahr Study Leave a Comment

Starting a startup company is becoming an increasingly attractive career choice for graduates, although most startups will eventually fail. Depending on how failure is defined, according to Harvard Business Professor Shikhar Ghosh, we can expect 70-80% of startups end up being a failure. Startup Genome data suggests that 75% fail within the first two years – with or without venture …

Online Directories – Will Booking Provide New Momentum?

Alexander Mahr Industry briefing Leave a Comment

Online directories are losing relevance – it is a well-known secret. Users searching for local businesses’ information do not necessarily start their journey by visiting an online directory’s website any more. The situation Google as the dominant global search engine does a great job in being an one-stop shop for any kind of searches, including SMB data. Google’s product “Google …