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But First, Strategy
Foundations for building a martech strategy
February 27, 2019
DAM is the center of your digital
ecosystem. But do you have a strategy?”
Anyone at Widen
“
1
2
3
Building your dream team using practical
insights to help you gather the right people
Developing your plan together to
determine your team’s strategy
Setting the action steps on your strategic
roadmap to achieve your winning aspiration
4 Preparing the team and leading them through the
evolution that comes with strategic change
What we’ll talk about today
1 Building your dream team
Great things in business are never
done by one person. They’re done by
a team of people.”
Steve Jobs
“
Identify the groups that will be influenced by
your strategy and resulting changes
Identify key managers and leaders
Build your leadership coalition from the
identified managers and key leaders
©Prosci. All Rights Reserved.
Build your team: Sponsor Assessment Diagram
The coalition is not just an organizational chart
The coalition is based on ‘who is being impacted’
Bottom-up approach!
Build a Coalition of Support
Business
Service
HR Finance
Customer
Care
Tech OpsSales
©Prosci. All Rights Reserved.
Tips: Sponsor Assessment Diagram
Build a Coalition of Support
Business
Service
HR Finance
Customer
Care
Tech OpsSales
Be open about what you’re trying to
do (e.g. align future projects behind a
unified strategy)
Look for diversity in your team
Think Big - It isn’t just about the DAM system
The coalition is not just an organizational chart
The coalition is based on ‘who is being impacted’
Bottom-up approach!
2 Developing your strategy plan
GOALS
GOALS
Growth over time
2018 ~7,000
=
2011 ~150 2012 ~350 2014 ~1,000 2015 ~2,000 2016 ~3,500
+ + + +
If you think it’s harder to
navigate today than a few years
ago, YOU’RE RIGHT.
You need a strategy.
Strategy without tactics is the slowest
route to victory. Tactics without
strategy is the noise before defeat.”
Sun Tzu
“
Strategy is knowing today why and
how we are going to win tomorrow.”
Widen’s definition of strategy
“
Evaluating where
you are today
People
GOALS
Processes
Technologies
Evaluating today: Where are you today?
Understand today to
reach your tomorrow
People
The groups and people you’re supporting
Stories of change readiness or resistance
Coaches and trainers engaging your teams
Evaluating today: Where are you today?
Understand today to
reach your tomorrow
Evaluating today: Where are you today?
Understand today to
reach your tomorrow
Processes
Major inbound/outbound processes
Measuring efficiency and effectiveness
Use of analytics to inform DAM changes
GOALS
Technologies
DAM-related systems in your stack
Current integrations
Evaluating today: Where are you today?
Understand today to
reach your tomorrow
Imagine a better way
GOALS
How will
we win?
What capabilities
do we need?
What management
systems do we need?
What is our winning
aspiration?
Where will
we play?
Imagine a better way
Winning aspiration
What is your winning aspiration?
Everyone wants to win
To win, you must know what
you want to win
What does your organization
exist to do?
Exercise:
Get started creating your winning aspiration
What gets you out of bed in the morning?
Make sure it is a future-focused statement
about the guiding purpose of your team
Winning aspiration
What is your winning aspiration?
Everyone wants to win
To win, you must know what
you want to win
What does your organization
exist to do?
Example: “Inspire with a model to manage
continued growth opportunities.”
Where to play
Where are we focused?
Who are we engaging?
Where are we NOT focused?
Where will we play?
How to win
P&G focus on cost leadership
and differentiation
Differentiation is universally important
Many people are vying for your
same audience
You must capture their attention
How will we win?
Capability needs
What capabilities do we need?
What is needed to support our
competitive advantage?
What activities are needed to ensure
we are able to compete?
What do we need to be able to do
or provide?
Sustained competitive
advantage comes from a set of
distinct capabilities that fit with
and reinforce one another
Management systems
What management systems or
processes do we need?
What gets measured gets done well
Measurement provides focus
and feedback
Measurements should span financial,
consumer, and internal dimensions
Playing to win: Example
Phase 1: Product photography
Phase 2: Global marketing assets
Phase 3: Embedded ecom assets
“My job is so much easier with this tool!”
“I got exactly what my customer needed right away!”
“We were able to trace revenue growth back to available assets!”
Engaging onboarding program
Deliver relevant and trusted assets
Effective ongoing communication strategy
Adoption (DAM-Insights)
Usage (DAM-Insights)
Reduction in fulfillment requests
Customer survey (Survey Monkey)
Where we will play
How we will win
Capabilities we need to win
Measures and processes
Create an atmosphere of empowerment that leads to market growth
Winning aspiration
3 Setting the action steps on your
strategic roadmap
A plan is not putting you in a box and
forcing you to stay there. A plan is a
guide to keep you on course, efficient,
and safe.”
Amber Hurdle
The Bombshell Business Woman: How to Become a Bold, Brave, and Successful
Female Entrepreneur
“
It’s all about your winning aspiration
GOALS
Which capabilities need action?
Set specific and attainable timelines
Building your roadmap
Moving from strategy to tactics
4 Leading people through
strategic change
Successful change requires both the technical and the people sides
Design
Develop
Deliver
FUTURE STATETRANSITION STATECURRENT STATE
Technical side
People side
Embrace
Adopt
Use
Results
Outcomes
Success
+ =
©Prosci. All Rights Reserved.
Connecting Change Management
to Business Results
Change management
Not only are we led
to understand what
technical aspects
need to change and
plan for those, we
do the same for the
people who will be
experiencing change
Project Name Purpose Particulars People
What is the
project name
Why we are
changing
What we are
changing
Who will be
changing
Change management
A strong change
management
strategy points to
a high probability
of meeting or
exceeding objectives
Data Supports the Connection
Percent of Study Participants Who Met or Exceeded Objectives
6x
Change Management Effectiveness
Prosci 2018 Benchmarking Data
Data from 2007, 2009, 2011, 2013, 2015, 2017
6x
Change management
Our method
Prosci® ADKAR® Model
©Prosci. All Rights Reserved.
Customer story
Zippo Manufacturing
Company
Jeff Bosworth - Director, Digital Enterprise
Content Management
Collaboration around
current state
(people and processes)
May 15, Phase 1: Non-custom product imagery for global consumers or customers + supporting
collateral (catalog, sell sheets, lifestyle imagery) + Brand standards and logos to all customers
**Discovery for custom assets (team, timeline, data needs/biz requirements)
Jun 15, Phase 2: Launch custom assets
Aug 15, Phase 3: Packaging support, archived assets, replace existing case dealer resource site
Provide easy to use, intuitive experience
Uncover opportunities to sell more product
“I have more time to do my real job now”
“I’m getting the support I need”
Access through self-service, cloud-based solution
Increase speed and accuracy of assets to market
Search capabilities PLUS filtering
Conversion formats / resizing / download options / file formats
Security / permissions control
Training and support approach
Asset lifecycle management (license expires and open to all) + process
Governance of approved and final assets
Number of project requests (e.g. image resizing)
Adoption/engagement analytics
Usage analytics
User experience feedback/surveys
Custom lighter sales
Winning aspiration
Result of group strategy design session
Where will we play?
How will we win?
What management
systems/processes do we need?
“Harmonize content globally to enhance relationships and increase profitability.”
What capabilities will
we need?
Result of change scoping exercise
Change management is often overlooked, because it’s managing the people
side of change. So many martech projects focus on the technology that
facilitates the change and overlook the people making it happen – the ones
who truly provide the solution.
Result of group change management session
“Getting a strategic foundation together allows you to get multiple individuals
(from across the company) together to talk about the project ahead, build
excitement, and gain momentum prior to implementation.”
Zippo Team
Questions?
Contact:
marketing@widen.com
www.widen.com

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But First, Strategy: Foundations for building a martech strategy

  • 1. But First, Strategy Foundations for building a martech strategy February 27, 2019
  • 2. DAM is the center of your digital ecosystem. But do you have a strategy?” Anyone at Widen “
  • 3. 1 2 3 Building your dream team using practical insights to help you gather the right people Developing your plan together to determine your team’s strategy Setting the action steps on your strategic roadmap to achieve your winning aspiration 4 Preparing the team and leading them through the evolution that comes with strategic change What we’ll talk about today
  • 4. 1 Building your dream team
  • 5. Great things in business are never done by one person. They’re done by a team of people.” Steve Jobs “
  • 6. Identify the groups that will be influenced by your strategy and resulting changes Identify key managers and leaders Build your leadership coalition from the identified managers and key leaders ©Prosci. All Rights Reserved. Build your team: Sponsor Assessment Diagram The coalition is not just an organizational chart The coalition is based on ‘who is being impacted’ Bottom-up approach! Build a Coalition of Support Business Service HR Finance Customer Care Tech OpsSales
  • 7. ©Prosci. All Rights Reserved. Tips: Sponsor Assessment Diagram Build a Coalition of Support Business Service HR Finance Customer Care Tech OpsSales Be open about what you’re trying to do (e.g. align future projects behind a unified strategy) Look for diversity in your team Think Big - It isn’t just about the DAM system The coalition is not just an organizational chart The coalition is based on ‘who is being impacted’ Bottom-up approach!
  • 8. 2 Developing your strategy plan
  • 10. GOALS Growth over time 2018 ~7,000 = 2011 ~150 2012 ~350 2014 ~1,000 2015 ~2,000 2016 ~3,500 + + + + If you think it’s harder to navigate today than a few years ago, YOU’RE RIGHT. You need a strategy.
  • 11. Strategy without tactics is the slowest route to victory. Tactics without strategy is the noise before defeat.” Sun Tzu “
  • 12. Strategy is knowing today why and how we are going to win tomorrow.” Widen’s definition of strategy “
  • 14. People GOALS Processes Technologies Evaluating today: Where are you today? Understand today to reach your tomorrow
  • 15. People The groups and people you’re supporting Stories of change readiness or resistance Coaches and trainers engaging your teams Evaluating today: Where are you today? Understand today to reach your tomorrow
  • 16. Evaluating today: Where are you today? Understand today to reach your tomorrow Processes Major inbound/outbound processes Measuring efficiency and effectiveness Use of analytics to inform DAM changes
  • 17. GOALS Technologies DAM-related systems in your stack Current integrations Evaluating today: Where are you today? Understand today to reach your tomorrow
  • 19. GOALS How will we win? What capabilities do we need? What management systems do we need? What is our winning aspiration? Where will we play? Imagine a better way
  • 20. Winning aspiration What is your winning aspiration? Everyone wants to win To win, you must know what you want to win What does your organization exist to do?
  • 21. Exercise: Get started creating your winning aspiration What gets you out of bed in the morning? Make sure it is a future-focused statement about the guiding purpose of your team Winning aspiration What is your winning aspiration? Everyone wants to win To win, you must know what you want to win What does your organization exist to do? Example: “Inspire with a model to manage continued growth opportunities.”
  • 22. Where to play Where are we focused? Who are we engaging? Where are we NOT focused? Where will we play?
  • 23. How to win P&G focus on cost leadership and differentiation Differentiation is universally important Many people are vying for your same audience You must capture their attention How will we win?
  • 24. Capability needs What capabilities do we need? What is needed to support our competitive advantage? What activities are needed to ensure we are able to compete? What do we need to be able to do or provide? Sustained competitive advantage comes from a set of distinct capabilities that fit with and reinforce one another
  • 25. Management systems What management systems or processes do we need? What gets measured gets done well Measurement provides focus and feedback Measurements should span financial, consumer, and internal dimensions
  • 26. Playing to win: Example Phase 1: Product photography Phase 2: Global marketing assets Phase 3: Embedded ecom assets “My job is so much easier with this tool!” “I got exactly what my customer needed right away!” “We were able to trace revenue growth back to available assets!” Engaging onboarding program Deliver relevant and trusted assets Effective ongoing communication strategy Adoption (DAM-Insights) Usage (DAM-Insights) Reduction in fulfillment requests Customer survey (Survey Monkey) Where we will play How we will win Capabilities we need to win Measures and processes Create an atmosphere of empowerment that leads to market growth Winning aspiration
  • 27. 3 Setting the action steps on your strategic roadmap
  • 28. A plan is not putting you in a box and forcing you to stay there. A plan is a guide to keep you on course, efficient, and safe.” Amber Hurdle The Bombshell Business Woman: How to Become a Bold, Brave, and Successful Female Entrepreneur “
  • 29. It’s all about your winning aspiration GOALS Which capabilities need action? Set specific and attainable timelines Building your roadmap Moving from strategy to tactics
  • 30.
  • 31. 4 Leading people through strategic change
  • 32. Successful change requires both the technical and the people sides Design Develop Deliver FUTURE STATETRANSITION STATECURRENT STATE Technical side People side Embrace Adopt Use Results Outcomes Success + =
  • 33. ©Prosci. All Rights Reserved. Connecting Change Management to Business Results Change management Not only are we led to understand what technical aspects need to change and plan for those, we do the same for the people who will be experiencing change Project Name Purpose Particulars People What is the project name Why we are changing What we are changing Who will be changing
  • 34. Change management A strong change management strategy points to a high probability of meeting or exceeding objectives Data Supports the Connection Percent of Study Participants Who Met or Exceeded Objectives 6x Change Management Effectiveness Prosci 2018 Benchmarking Data Data from 2007, 2009, 2011, 2013, 2015, 2017 6x
  • 35. Change management Our method Prosci® ADKAR® Model ©Prosci. All Rights Reserved.
  • 37. Zippo Manufacturing Company Jeff Bosworth - Director, Digital Enterprise Content Management
  • 39. May 15, Phase 1: Non-custom product imagery for global consumers or customers + supporting collateral (catalog, sell sheets, lifestyle imagery) + Brand standards and logos to all customers **Discovery for custom assets (team, timeline, data needs/biz requirements) Jun 15, Phase 2: Launch custom assets Aug 15, Phase 3: Packaging support, archived assets, replace existing case dealer resource site Provide easy to use, intuitive experience Uncover opportunities to sell more product “I have more time to do my real job now” “I’m getting the support I need” Access through self-service, cloud-based solution Increase speed and accuracy of assets to market Search capabilities PLUS filtering Conversion formats / resizing / download options / file formats Security / permissions control Training and support approach Asset lifecycle management (license expires and open to all) + process Governance of approved and final assets Number of project requests (e.g. image resizing) Adoption/engagement analytics Usage analytics User experience feedback/surveys Custom lighter sales Winning aspiration Result of group strategy design session Where will we play? How will we win? What management systems/processes do we need? “Harmonize content globally to enhance relationships and increase profitability.” What capabilities will we need?
  • 40. Result of change scoping exercise Change management is often overlooked, because it’s managing the people side of change. So many martech projects focus on the technology that facilitates the change and overlook the people making it happen – the ones who truly provide the solution.
  • 41. Result of group change management session “Getting a strategic foundation together allows you to get multiple individuals (from across the company) together to talk about the project ahead, build excitement, and gain momentum prior to implementation.” Zippo Team