WEBVTT 00:00:00.600 --> 00:00:02.960 Bosch is a diversified global company 00:00:02.960 --> 00:00:06.120 with about 430,000 employees. 00:00:06.120 --> 00:00:09.360 Its digital arm employs around 12,000 people 00:00:09.360 --> 00:00:14.040 driving approximately $1.8 billion worth of crucial work per year. 00:00:14.040 --> 00:00:16.200 It is now steered as a business. 00:00:20.080 --> 00:00:23.760 - From our perspective as an internal IT for Bosch. 00:00:23.760 --> 00:00:27.960 We do see in the business changing market demands 00:00:27.960 --> 00:00:30.160 at a speed, which we haven't seen before. 00:00:30.160 --> 00:00:34.600 And our task as an internal IT organization is to react 00:00:34.600 --> 00:00:37.520 as flexibly and fast to it as possible, 00:00:37.520 --> 00:00:40.360 and of course drive the digital transformation 00:00:40.360 --> 00:00:41.800 for the Bosch organization. 00:00:41.800 --> 00:00:44.640 And for this, we decided for a setup, 00:00:44.640 --> 00:00:48.040 which is in the position to be as flexible as possible. 00:00:49.320 --> 00:00:51.600 - This flexibility allows Bosch Digital 00:00:51.600 --> 00:00:53.440 to offer the right products, services, 00:00:53.440 --> 00:00:55.320 and solutions at the right time 00:00:55.320 --> 00:00:58.920 with a radical focus on business outcome, allowing it 00:00:58.920 --> 00:01:01.440 to become the enabler for the transformation 00:01:01.440 --> 00:01:04.720 of the whole group, the Bosch digital upgrade. 00:01:04.720 --> 00:01:07.840 - We are facing a lot of changes in demands in our area 00:01:07.840 --> 00:01:10.960 of work, so we have to react very flexibly. 00:01:10.960 --> 00:01:12.160 And with the team setting 00:01:12.160 --> 00:01:15.560 and the change in the organization, we are able to ramp up 00:01:15.560 --> 00:01:18.160 and down in the way that we need. 00:01:18.160 --> 00:01:20.840 We really create value for our internal customers 00:01:20.840 --> 00:01:22.680 because these standing teams get a lot 00:01:22.680 --> 00:01:24.520 of domain knowledge in the functional 00:01:24.520 --> 00:01:26.200 areas they are working on. 00:01:26.200 --> 00:01:28.760 And this is really acknowledged by our customers. 00:01:28.760 --> 00:01:31.920 - We do see benefits in the new target operating model. 00:01:31.920 --> 00:01:35.400 On the one hand, in regard of customer centricity, 00:01:35.400 --> 00:01:38.120 our setup in the regard of fusion teams 00:01:38.120 --> 00:01:42.000 and standing teams really help us to bring business 00:01:42.000 --> 00:01:44.280 and IT closer together. 00:01:44.280 --> 00:01:47.960 So we set up our project in a totally agile mode, 00:01:47.960 --> 00:01:49.960 and we set, for example, as well 00:01:49.960 --> 00:01:52.440 that we are working in cross-functional teams. 00:01:52.440 --> 00:01:56.840 So we included BCG and Bosch in one common joint team. 00:01:56.840 --> 00:01:58.520 - The teams from BCG 00:01:58.520 --> 00:02:01.680 and our Bosch Digital organization worked really 00:02:01.680 --> 00:02:03.200 closely together. 00:02:03.200 --> 00:02:06.080 I could not even differentiate whether it was a BCG 00:02:06.080 --> 00:02:07.560 or a Bosch Digital colleague. 00:02:07.560 --> 00:02:09.120 The most convincing thing 00:02:09.120 --> 00:02:13.160 that BCG brought in was the holistic methodology 00:02:13.160 --> 00:02:15.680 that was applied to that kind of project. 00:02:15.680 --> 00:02:16.720 So this means you need 00:02:16.720 --> 00:02:19.000 to change organization on the one hand. 00:02:19.000 --> 00:02:21.760 On the other hand, you also have to change the steering, 00:02:21.760 --> 00:02:24.440 but without steering, organization will not work. 00:02:24.440 --> 00:02:28.520 Also, we included mindset, we included implementation 00:02:28.520 --> 00:02:30.960 of KPIs and a lot more things 00:02:30.960 --> 00:02:34.120 and this is then creating a complete picture of change. 00:02:34.120 --> 00:02:36.720 And this methodology was really, for me, a game changer.