Learn key digital transformation lessons from BASF’s former Group Digital Officer, Dr. Carsten Linz.
Glean perspective from a world-renowned digital transformation leader.
In this episode, Tony has as his guest Dr. Carsten Linz, who probably needs no introduction. He is a board member, co-author of the best-selling book Radical Business Model Transformation, a member of the World Economic Forum Expert Network on Digital Economy and New Leadership, and serves as an advisor to boards and CxOs around the world. In nearly 20 years in leadership roles focused on software, data, and digital growth, he has built multiple 100 million euro businesses and led enterprise-wide transformation programs impacting more than 60,000 employees. His most recent roles include Group Digital Officer at BASF, Business Development Officer at SAP and Global Head of the Centre for Digital Leadership. Dr. Linz teaches in executive programs at the European School of Management & Technology Berlin, Mannheim Business School, University of St. Gallen and Stanford Graduate School.
In this Masters of Digital Transformation episode, Carsten shares insights from more than 20+ years leading companies through the digital transformation journey.
Leading at the Intersection of Business Model and Digital Transformation
When embarking on a digital transformation, improvements that only scratch the surface of what’s possible isn’t enough. For real change to take shape, companies must develop a radically different value proposition and embrace new ways of creating, delivering, and capturing value. In this regard, business model transformation helps leaders to "orchestrate" their digital transformation initiatives, make their transformation sticky, and gain a competitive edge for the organization.
Shifting to an Entrepreneurial and Transformational Leadership
During a digital transformation, leaders may have to refocus their priorities. If a leader is primarily geared towards efficiency gains and automation wins, that does not move the needle in a transformation context. New technologies inherently enable new types of innovation and creativity in a domain, rather than simply enhancing traditional methods. In the intelligent age, leadership is about co-creating the future and leaders should put more focus also on business model and operating model transformation, changes that are more substantial, more sticky, and more entrepreneurial in nature…
Scaling-out Digital Business Impact
In contrast to the prevailing "separate-then-integrate" model in consumer-facing companies, digital transformation in industrial companies in particular rather follows an "embed and then scale up" approach. New digital technologies were already embedded within a division, and the process of scaling them up often involved working from the customer/user backwards, giving them greater autonomy to facilitate their growth, and securing robust sponsorship and backing from the top.
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About the author
Caleb MastersPodcast Producer at o9 Solutions, Inc.
Caleb Masters is a content creator and strategist who leads thoughtful and insightful conversations for brands to educate, inspire, and entertain listeners and convert to bottom-line results through new media, including podcasts, webinars, and live-streamed videos. In his ten-plus years of experience as a content creator, he's led teams and served as on-air talent, where he's spoken with thought leaders across the supply chain, leadership, HR, HCM technology, and entertainment industries. He currently hosts and produces the o9 Solutions podcast, Masters of Digital Transformation.