kpis cdos should know & love (webcast)

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Successful digital transformation enables an enterprise to drive revenue, increase customer satisfaction, and win competitive advantage through new digital channels and experiences. To get there, chief digital officers must be able to juggle priorities and manage investments, starting deep within an enterprise’s processes and tools and extending out to the cutting edge of consumer experience. To simplify complexity, accurately measure progress, and drive smart decisions, every CDO needs visibility into six specific types of enterprise KPI. Join Apigee’s Bryan Kirschner and Kumar Srivastava to learn about these six key KPIs and how to assemble them into a highly effective dashboard. Join to discuss: - Why are metrics that span consumer and developer behavior, business results, and technology capabilities all essential to successful digital transformation? - How can you organize this diverse set of metrics in order to drive sharp insight and timely action? - How can you apply this knowledge to build an effective management dashboard?

TRANSCRIPT

KPIs CDOs Should Know & Love

Apigee@apigee

Kumar Srivastava@kumarSSR

Bryan Kirschner@apigeeinstitute

@apigeeinstituteBryan Kirschner

@kumarSSRKumar Srivastava

groups.google.com/group/api-craft

youtube.com/apigee

slideshare.net/apigee

A proven pattern for digital business impact in any company

The KPIs every digital transformation leader should know (& love) to be successful

Case studies on choosing & using the right KPIs for your digital strategy

Agenda: Excitement about KPIs

But wait, what’s different now? (Is this just BI part XVII?)

Digital Transformation is here

Consumption patterns are changing

Ability to influence and enhance customer experience in real time is a competitive advantage

Ability to improve and adapt in real time is a competitive advantage

Patterns for Success

Nike with Fuelband and Nike+

• Revenues up 60%• Profits up 57%• Market cap 2 X

"Nike has broken out of apparel and into tech, data, and services, which is so

hard for any company to do…”

-Sarah Rotman Epps, Forrester

Nike #1 Most Innovative Company in 2013

33%

67%

…on margin, revenue, share customer

satisfaction, or delivering new products and

services

Strong Outperformance In Last 12 Months…

19%

81%

Expected High Impact from Digital…

…that’s “big” over next 12 months, “increasing great deal” over next 5

years

48%

53%

Digital Leadersvs.

Digital Laggards…

…on strength now deploying apps,

operating APIs & using data analytics

“Digital Leaders” are doing this now across industries…

50%

83%

Laggards

LeadersCDO7%

Other IT2%

Other2%

Other Mk-tng2%

Other C-level3%

CMO8%

CIO22%

CTO26%

CEO30%

• Strong network• Flexible/adaptable• Simplifies complexity• Manages across departments well

…but there are 4 characteristics associated with the most

effective CDOs

Source: Apigee Institute survey of 300 executives in companies with $500M+ annual revenue, September, 2013

% of companies with an appointed digital leader

No one title predominates….

One key to leadership: a successful CDO (by any name)

Partner Integration

Open Innovation

Wearable Electronics

Gaming Consoles

Smart Appliances

Smart Sensors

Smart phones

Connected Cars

Tablets

KiosksAPI

API

Your Digital Assets

AP

I AP

I

To the digital value network

1. Business2. Channels3. Digital Transformation Progress4. Apps and APIs5. Developers and Partners6. Outreach and Perceptions

6 Key Areas to Measure

Case studies

Revenue

Unique Users

Usage

1. KPIs for Business

Nike+ has more than 11 million users

2. KPIs for Digital Transformation Progress

Agility

Innovation

Ecosystem Density

3. KPIs for Channels

Transaction Affinity

Channel Adoption

Channel Symbiosis

> 10 Million Active Users

> 2M Transactions per week

“Our customers choose Wells. You are not competing with your own channels.

Channels should complement one another to help customers”

Brian Pearce, SVP Head of Retail Mobile Channels, Wells Fargo

4. KPIs for Apps and APIs

Traffic

Usage

Revenue

App Portfolio Collection of registered apps for

an API platform in various stages

of experimentation and

development targeting varied

user segments, use cases,

channels and market

Time to Success

Rate of Success

Engagement

5. KPIs for Developers and Partners

Developers and Partners

Rate of Success Time to Success

Social Media Interactions Leading Indicator of Developer Perception Changes of API Programs⇒

6. KPIs for Outreach and Perceptions

App and API Releases

Developer Events

Social Media Perceptions

1. Business2. Channels3. Digital Transformation Progress4. Apps and APIs5. Developers and Partners6. Outreach and Perceptions

6 Key Areas to Measure

Q&A

@apigeeinstituteBryan Kirschner

@kumarSSRKumar Srivastava

THANK YOUQuestions and ideas to:

@kumarSSR@apigeeinstitute

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