GE’s Design and Digital Transformation · Platform Business Model Innovation Design & User...

Post on 18-Mar-2020

4 views 0 download

Transcript of GE’s Design and Digital Transformation · Platform Business Model Innovation Design & User...

powered by #IndustrialInternet

GE’s Design and Digital Transformation Greg Petroff & John Magee

Build your brilliant industry

Minds+Machines 2015

powered by #IndustrialInternet

GE Journey

powered by #IndustrialInternet

Starting in 2011: Goal: Improve Service Delivery and Margins

User Experience: UX

Business Model: 10X Platform Thinking GE

Software CoE

Lean Startup: GE Fastworks

Connected Machines

Analytics in the Cloud

People at Work

Three Pillars

powered by #IndustrialInternet

Fast Forward: Platform

Business Model Innovation

Design & User Experience

powered by #IndustrialInternet

Platform Thinking

powered by #IndustrialInternet

The Digital Industrial Platform is Creating Industrial App Economy

powered by #IndustrialInternet

powered by #IndustrialInternet

Micro Services

powered by #IndustrialInternet

Business Model Innovation

powered by #IndustrialInternet

Organize to Execute

TH

E C

HA

SM

Each phase requires a phase-specific commercial and organizational strategy

PHASE 1 Make It Work

PHASE 2 Cross The Chasm

PHASE 3 Scale The Business

PHASE 4 Run The Business

PHASE 5 Optimize the Business

Demonstrate the commercial viability of the software

solution with early adoption customers

Achieve clear market leadership for the software

solution within a target segment of pragmatist

customers

Win broad market adoption as the software solution becomes

a “must have” for the global market

Manage across product lifecycle transitions to

constantly add more value to customers using the software

solution

Reduce product complexity and cost to optimize margins through the late stages of the

market

powered by #IndustrialInternet

tenX: The goal … optimal portfolio balance; faster time-to-scale

TH

E

CH

AS

M

Each phase requires a phase-specific commercial and organizational strategy

PHASE 1 Make It Work

PHASE 2 Cross The Chasm

PHASE 3 Scale The Business

PHASE 4 Run The Business

PHASE 5 Optimize the Business

Demonstrate the commercial viability of the software

solution with early adoption customers

Achieve clear market leadership for the software

solution within a target segment of pragmatist

customers

Win broad market adoption as the software solution becomes

a “must have” for the global market

Manage across product lifecycle transitions to

constantly add more value to customers using the software

solution

Reduce product complexity and cost to optimize margins through the late stages of the

market

powered by #IndustrialInternet

Defining the Offers: Stairway to Value

Conservatives

Pragmatists

In Pain

Pragmatists

With Options

Visionaries

Visio

na

ries

Ma

instre

am

C

on

serv

ativ

es

CU

ST

OM

ER

S

“Directly reduce my costs” – Voice of customer Focus on hard ROI – Value prop

“Fix my broken mission critical process” Focus on cost of not solving the problem

“Create immediate competitive advantage” Focus on revenue & margin gains

“Create game-changing advantage” Focus on category share gains

powered by #IndustrialInternet

Growth in Two Dimensions

MORE VALUE

Step 4

Step 3

Step 2

Step 1

Core Assets All Assets Plant/Fleet Network

Asset Optimization Operations Optimization

BROADER REACH

powered by #IndustrialInternet

Design & User Experience People Centric Solutions are better

powered by #IndustrialInternet

User Experience design is…

User experience design is the practice of crafting the human touch points

of products and services to create useful, meaningful and delightful

experiences for users, and business value for the company and our

customers.

powered by #IndustrialInternet

UI UX

1

6

powered by #IndustrialInternet

designing THE PRODUCT

designing THE EXPERIENCE

VS

powered by #IndustrialInternet

Good UX is much deeper than just the UI

Well-designed products are

defined from bottom-up,

informed by

research

Exploratory sketching &

prototyping can help form

biz hypotheses

powered by #IndustrialInternet

powered by #IndustrialInternet

The ROI of design

http://blogs.hbr.org/2014/04/design-can-drive-exceptional-returns-for-shareholders/

powered by #IndustrialInternet

Benefits of UX design

Improved product and

service quality

More effective users

Improved customer preference

Higher perceived value of GE products

by customers

A better impression of the GE brand

Faster, more efficient software

development projects

A clear, shared understanding of what’s

being proposed and built

Tools for prioritizing requirements

More coherent planning

More targeted engineering effort

Clearly-defined success criteria

MUCH LESS WASTED EFFORT

powered by #IndustrialInternet

powered by #IndustrialInternet

powered by #IndustrialInternet

powered by #IndustrialInternet

powered by #IndustrialInternet

powered by #IndustrialInternet

powered by #IndustrialInternet Title or Job Number | XX Month 201X

#IndustrialInternet

powered by #IndustrialInternet Title or Job Number | XX Month 201X

powered by #IndustrialInternet

powered by #IndustrialInternet

powered by #IndustrialInternet

Bringing it together

powered by #IndustrialInternet

Great products come from a balanced approach

How do we

make money?

DESIRABILITY

What can

we build?

What do people

need and desire? 3

2

powered by #IndustrialInternet

Great products come from a balanced approach

Business Model

DESIRABILITY

Platform

UX

3

3

powered by #IndustrialInternet

Design Thinking + Agile in a Lean World

powered by #IndustrialInternet Title or Job Number | XX Month 201X

powered by #IndustrialInternet

powered by #IndustrialInternet Title or Job Number | XX Month 201X 3

6

powered by #IndustrialInternet

powered by #IndustrialInternet

Key Take Away Concepts

Understand the Predix Platform

Understand the value of Platform Thinking & Technology

Understand how to reimagine business models

Understand the value of User Experience

Practice Multi-disciplinary problem framing and solution finding (Design Thinking)

Get to Outcomes that matter and are easy to develop

General Electric Company reserves the right to make changes in specifications and features, or discontinue the product or service described at any time, without notice or obligation. These materials do not constitute a representation, warranty or documentation regarding the product or service featured. Illustrations are provided for informational purposes, and your configuration may differ. This information does not constitute

legal, financial, coding, or regulatory advice in connection with your use of the product or service. Please consult your pro fessional advisors for any such advice. No part of this document may be distributed, reproduced or posted without the express written permission of General Electric Company. GE, Predix and the GE Monogram are trademarks of General Electric Company. ©2015 General Electric Company – All rights

reserved.