WEBVTT 329b77db-9e9b-469e-900d-a115086bc2ca-0 00:00:00.520 --> 00:00:02.772 Now, I'd like to take a moment to thank our 329b77db-9e9b-469e-900d-a115086bc2ca-1 00:00:02.772 --> 00:00:05.281 Innovator sponsor, Boston Consulting Group, BCG, 329b77db-9e9b-469e-900d-a115086bc2ca-2 00:00:05.281 --> 00:00:06.920 for their support of Dreamforce. 230de8ee-12eb-416d-8fec-2bc45576223d-0 00:00:07.120 --> 00:00:11.800 Joining me now is Bryan Gauch, managing director and partner at BCG. 471ba391-5fdd-423c-a24c-7dbba97a176d-0 00:00:11.800 --> 00:00:15.906 BCG recently studied why so many companies struggle to unlock maximum 471ba391-5fdd-423c-a24c-7dbba97a176d-1 00:00:15.906 --> 00:00:18.840 value from their commercial tech transformations. dccc9d59-7d87-42b9-ba5c-b93dc71c6489-0 00:00:19.160 --> 00:00:23.120 What's the biggest disconnect you're seeing between investment and impact? 95b79956-5ceb-46f4-b10b-2d8089990ff0-0 00:00:23.760 --> 00:00:26.189 Well, we typically see there's not just one, 95b79956-5ceb-46f4-b10b-2d8089990ff0-1 00:00:26.189 --> 00:00:29.320 but there's a few. And it can be a different combination. 0e6e5c0a-0c3c-45de-abfd-494b992f52c9-0 00:00:29.640 --> 00:00:35.840 But primarily we see one being investment tied to a discreet measurable value case. 593ffd4d-8834-45a4-a76a-24de0ce291ff-0 00:00:35.880 --> 00:00:39.268 You go to a value pool, it's too wide, too obscure. 593ffd4d-8834-45a4-a76a-24de0ce291ff-1 00:00:39.268 --> 00:00:42.200 You get much tighter to a value opportunity, 404da06a-2230-409c-b219-74034e1188b6-0 00:00:42.200 --> 00:00:44.000 we see big success spike. a0ed1112-a44c-4af7-aa00-64e18fe8c85a-0 00:00:44.600 --> 00:00:48.469 Two others that I think we're seeing on a disconnect is that incentives for a0ed1112-a44c-4af7-aa00-64e18fe8c85a-1 00:00:48.469 --> 00:00:51.014 everybody in the program—not just senior leaders, a0ed1112-a44c-4af7-aa00-64e18fe8c85a-2 00:00:51.014 --> 00:00:55.189 but all the way down to the business and IT practitioners that are meant to drive a0ed1112-a44c-4af7-aa00-64e18fe8c85a-3 00:00:55.189 --> 00:00:55.800 the program— 354a2456-f270-4dac-bc50-de8c0ce41ada-0 00:00:56.200 --> 00:01:00.266 their incentives are not aligned to actual program milestones and the overall 354a2456-f270-4dac-bc50-de8c0ce41ada-1 00:01:00.266 --> 00:01:00.840 value case. 405d1bcf-f3f5-4db5-a250-4e0887b78006-0 00:01:01.160 --> 00:01:05.200 And I think the third that we typically would see is really around, 40e16552-6dd1-4d98-8561-dcf0516da785-0 00:01:05.200 --> 00:01:08.318 does business have an outside seat at the table when making decisions, 40e16552-6dd1-4d98-8561-dcf0516da785-1 00:01:08.318 --> 00:01:11.084 because fundamentally, the commercial tech transformations are 40e16552-6dd1-4d98-8561-dcf0516da785-2 00:01:11.084 --> 00:01:13.719 meant to transform operating models and business processes. 81a2d967-cfbd-4e8b-945a-a556c2767772-0 00:01:13.920 --> 00:01:18.448 So what are companies—what are the companies that are seeing the strongest 81a2d967-cfbd-4e8b-945a-a556c2767772-1 00:01:18.448 --> 00:01:20.320 returns doing differently then? 76f3e6a1-0a36-45b6-8a47-b590c959131e-0 00:01:21.200 --> 00:01:24.048 Well, we're seeing the organizations, I call it, 76f3e6a1-0a36-45b6-8a47-b590c959131e-1 00:01:24.048 --> 00:01:26.200 cap and starve competing initiatives. 0a24d578-bc09-4c63-8c0b-91a4c820c35e-0 00:01:26.560 --> 00:01:29.699 When you have competing initiatives, what that typically does is that it's a 0a24d578-bc09-4c63-8c0b-91a4c820c35e-1 00:01:29.699 --> 00:01:30.760 threefold knock-on effect. c6c98d26-56b8-47d7-bcb5-492c2ac82713-0 00:01:31.120 --> 00:01:33.871 One, it actually pulls resources away from the c6c98d26-56b8-47d7-bcb5-492c2ac82713-1 00:01:33.871 --> 00:01:35.160 transformation, right? 192bff0a-f178-463a-aac7-e505965cac20-0 00:01:35.160 --> 00:01:37.320 A transformation's a mindset before it's a muscle. 99d12778-5b04-4804-b979-c70586f5e68f-0 00:01:37.760 --> 00:01:40.480 But you can get confused on what your priorities are by your boss. 62c805dd-bd34-4109-9817-41625680a3c9-0 00:01:40.480 --> 00:01:42.957 So focus on the transformation. Number two, 62c805dd-bd34-4109-9817-41625680a3c9-1 00:01:42.957 --> 00:01:47.630 when we look at those incentives is that it moves the stick for the end users that 62c805dd-bd34-4109-9817-41625680a3c9-2 00:01:47.630 --> 00:01:51.740 are meant to adopt whatever the technology innovation that you're trying 62c805dd-bd34-4109-9817-41625680a3c9-3 00:01:51.740 --> 00:01:52.360 to deliver. 25df7f3c-aaf5-4d63-ba42-047cc533ca97-0 00:01:52.360 --> 00:01:55.664 So it creates a chasm, a valley of despair, 25df7f3c-aaf5-4d63-ba42-047cc533ca97-1 00:01:55.664 --> 00:01:59.120 an adaption that users are meant to traverse. ad70b111-08c0-4787-ad49-475ba0a8f5c7-0 00:01:59.400 --> 00:02:03.180 And I think the third one is, it does take investment to run ad70b111-08c0-4787-ad49-475ba0a8f5c7-1 00:02:03.180 --> 00:02:05.040 business-as-usual initiatives. 6b9f957d-a60d-434c-a260-ee1bbfff433e-0 00:02:05.040 --> 00:02:08.418 And when you can starve those out and invest in the transformation, 6b9f957d-a60d-434c-a260-ee1bbfff433e-1 00:02:08.418 --> 00:02:12.343 you mitigate the risk and some of the contingency we know clients need to have 6b9f957d-a60d-434c-a260-ee1bbfff433e-2 00:02:12.343 --> 00:02:12.840 every day. eaca9219-e247-494a-b362-17972b1c0750-0 00:02:13.120 --> 00:02:15.640 So all right, how can the firms that are lagging behind eaca9219-e247-494a-b362-17972b1c0750-1 00:02:15.640 --> 00:02:17.080 then catch up to the the others? 9504fad1-1ffd-44d5-bf9f-6acb9331af1e-0 00:02:17.720 --> 00:02:20.186 I think number one is, they need to take a hard look into their 9504fad1-1ffd-44d5-bf9f-6acb9331af1e-1 00:02:20.186 --> 00:02:20.880 program structure. 9b0d7708-497f-49ca-9689-387302c0ff07-0 00:02:21.120 --> 00:02:24.381 Do they have the right athletes on the field, to play in the game, 9b0d7708-497f-49ca-9689-387302c0ff07-1 00:02:24.381 --> 00:02:25.160 to run the race? 52ab53fd-7083-42e6-9cf7-7ff3e1387d5f-0 00:02:25.840 --> 00:02:29.160 That sounds at times difficult and brutal, right? 11dd3c13-ec03-4db6-9f3b-643d25fc4cc6-0 00:02:29.160 --> 00:02:33.590 Because a lot of company cultures, they need to invest in empathy and 11dd3c13-ec03-4db6-9f3b-643d25fc4cc6-1 00:02:33.590 --> 00:02:34.160 sympathy. 3f03fbac-cf13-4e8a-9ab5-616d006355f7-0 00:02:34.800 --> 00:02:36.560 But what I just said contradicts that. 38fbdef7-a35a-4275-9236-ed012da4b903-0 00:02:36.920 --> 00:02:40.760 But identifying the people that are meant to be on the field is priority number one. d9aeda58-450a-47cb-abde-31a9a0adde60-0 00:02:41.080 --> 00:02:43.597 I think priority two is, we just talked about is, d9aeda58-450a-47cb-abde-31a9a0adde60-1 00:02:43.597 --> 00:02:47.574 move everything else off their plate. Focus on the transformation because it's d9aeda58-450a-47cb-abde-31a9a0adde60-2 00:02:47.574 --> 00:02:49.840 not meant to be easy, it's meant to be hard. 3222eaa6-612f-4224-83b9-df09fdf91928-0 00:02:49.840 --> 00:02:51.920 Otherwise it'd be a project, not a transformation. 4a69fb2b-0c17-440e-9494-fcc23a2d531d-0 00:02:52.520 --> 00:02:56.788 And I think the third thing organizations can fundamentally do to create an unlock 4a69fb2b-0c17-440e-9494-fcc23a2d531d-1 00:02:56.788 --> 00:03:00.542 for themselves is have consistent checkpoints with their leadership on a 4a69fb2b-0c17-440e-9494-fcc23a2d531d-2 00:03:00.542 --> 00:03:03.680 monthly basis that determine, do they need a course correct? 90db9e73-004f-466d-82fe-b4719e956ffc-0 00:03:04.200 --> 00:03:06.520 Do they need to invest in new areas where they're gapped? 4fdee185-28fc-455e-a36e-dd878adfca47-0 00:03:06.760 --> 00:03:09.848 I think those three things very mechanically can help organizations start 4fdee185-28fc-455e-a36e-dd878adfca47-1 00:03:09.848 --> 00:03:12.520 to rethink and repivot how they're investing in transformation. fb499830-a6df-4ede-bd8a-75dfcd361849-0 00:03:12.560 --> 00:03:13.120 I like that. bf978dda-ae1f-4b89-9efd-3c5f7913baf4-0 00:03:13.120 --> 00:03:14.480 In just a couple sentences, dfdb679e-a053-47d0-af35-3c4af1ae0b53-0 00:03:14.640 --> 00:03:18.521 what's the one piece of advice you would give to leaders just embarking on this dfdb679e-a053-47d0-af35-3c4af1ae0b53-1 00:03:18.521 --> 00:03:20.560 commercial transformation powered by tech? 931f32cb-5853-4c01-976b-b1120734557d-0 00:03:21.560 --> 00:03:25.760 Don't go wide, go narrow and go deep. 211e0320-1266-4e0a-b144-143ae6dedbb7-0 00:03:25.760 --> 00:03:28.640 So think of agentic, think of transformation, d3522a4d-10c5-496a-9cf3-026aec038dec-0 00:03:28.640 --> 00:03:30.760 all the things Salesforce can do for their clients. 56aacbc6-7e3e-4250-be94-684f769241ae-0 00:03:30.760 --> 00:03:33.240 It's don't try to do everything at once, right? ca261682-0edc-4221-8ff5-bbd3da5d00df-0 00:03:33.240 --> 00:03:34.960 Eat the elephant one bite at a time. 9c7c7380-6c36-448d-a643-35c14b1fe310-0 00:03:35.200 --> 00:03:39.263 So go thin, but go super deep. Because as we look at turning value on, 9c7c7380-6c36-448d-a643-35c14b1fe310-1 00:03:39.263 --> 00:03:43.097 it's really around a complete process for a discrete set of users, 9c7c7380-6c36-448d-a643-35c14b1fe310-2 00:03:43.097 --> 00:03:46.359 not just a thing or a use case for many different users. 409349b2-03e7-4adb-924d-dae008d14fbe-0 00:03:46.360 --> 00:03:49.440 So be focused, be thin, go deep. 7e195823-34fa-476a-8471-b675bae55c22-0 00:03:49.640 --> 00:03:50.280 I like that. 7ba779f6-6eff-4a91-9d30-f551de2f4701-0 00:03:50.280 --> 00:03:52.280 Don't bite the elephant, don't eat the elephant. 792a6e83-05df-4c30-af35-66bd3dd5cedc-0 00:03:52.280 --> 00:03:53.240 That's great. Bryan, d71118a3-4fb2-40c4-a139-5950e168ace0-0 00:03:53.240 --> 00:03:54.280 thank you so much for joining us.