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230. Starbucks vs LEGO: A Tale of Two Digital Transformations
Manage episode 452270811 series 2974873
Why do some companies nail digital transformation while others just waste millions?
In this episode you'll learn from two very different case studies: Starbucks and Lego.
The founder of Starbucks, the company that pioneered mobile ordering, is now saying they went too far with tech. Meanwhile, LEGO transformed from a wooden toy maker into a digital powerhouse without losing its magic.
Why did one succeed and the other fail? Listen to this episode to find out.
You'll learn:
- Why having great tech stats doesn't mean you're winning (just ask Starbucks)
- How LEGO got digital right by being boring first
- The real reason most transformations fail (spoiler: it's not about the technology)
- Why "going digital" without a soul is like getting plastic surgery to fix your personality
This episode is a must listen for corporate leaders planning their digital strategy, founders building tech companies, and investors who want to spot the next LEGO, not the next digital disaster.
Timestamps
00:00 Introduction
01:30 The Digital Transformation Dilemma
03:08 Starbucks: A Case Study in Digital Overreach
05:56 Lego: Embracing Digital to Enhance Core Values
09:47 Avoiding Common Pitfalls in Digital Transformation
15:46 Practical Steps for Successful Digital Transformation
For the transcript, go to: https://www.techfornontechies.co/blog/230-starbucks-vs-lego-a-tale-of-two-digital-transformations
Sources used to make this episode:
- MIT: Transforming the LEGO Group for the Digital Economy
- McKinsey: Common pitfalls in transformations: A conversation with Jon Garcia
- GeekWire: As Starbucks slumps, Howard Schultz says coffee giant should 'reinvent' mobile ordering
For more career & tech lessons, subscribe to Tech for Non-Techies on:
FREE GUIDE: The Pragmatist’s Guide To Innovation (in business & in life)
by Sophia Matveeva, supported by researchers from The University of Chicago
Growth Through Innovation
If your organisation wants to drive revenue through innovation, book a call with us here.
Our workshops and innovation strategies have helped Constellation Brands, the Royal Bank of Canada and Oxford University.
238 епізодів
Manage episode 452270811 series 2974873
Why do some companies nail digital transformation while others just waste millions?
In this episode you'll learn from two very different case studies: Starbucks and Lego.
The founder of Starbucks, the company that pioneered mobile ordering, is now saying they went too far with tech. Meanwhile, LEGO transformed from a wooden toy maker into a digital powerhouse without losing its magic.
Why did one succeed and the other fail? Listen to this episode to find out.
You'll learn:
- Why having great tech stats doesn't mean you're winning (just ask Starbucks)
- How LEGO got digital right by being boring first
- The real reason most transformations fail (spoiler: it's not about the technology)
- Why "going digital" without a soul is like getting plastic surgery to fix your personality
This episode is a must listen for corporate leaders planning their digital strategy, founders building tech companies, and investors who want to spot the next LEGO, not the next digital disaster.
Timestamps
00:00 Introduction
01:30 The Digital Transformation Dilemma
03:08 Starbucks: A Case Study in Digital Overreach
05:56 Lego: Embracing Digital to Enhance Core Values
09:47 Avoiding Common Pitfalls in Digital Transformation
15:46 Practical Steps for Successful Digital Transformation
For the transcript, go to: https://www.techfornontechies.co/blog/230-starbucks-vs-lego-a-tale-of-two-digital-transformations
Sources used to make this episode:
- MIT: Transforming the LEGO Group for the Digital Economy
- McKinsey: Common pitfalls in transformations: A conversation with Jon Garcia
- GeekWire: As Starbucks slumps, Howard Schultz says coffee giant should 'reinvent' mobile ordering
For more career & tech lessons, subscribe to Tech for Non-Techies on:
FREE GUIDE: The Pragmatist’s Guide To Innovation (in business & in life)
by Sophia Matveeva, supported by researchers from The University of Chicago
Growth Through Innovation
If your organisation wants to drive revenue through innovation, book a call with us here.
Our workshops and innovation strategies have helped Constellation Brands, the Royal Bank of Canada and Oxford University.
238 епізодів
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