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Insight articles for Nick Frank

SIX strategies to maximise value from products, services and disruptive technologies

Many companies struggle to extract full value from the products, services and the opportunities offered by new connected technologies such as the IoT.   For example I am always amazed at how many managers when asked to describe their value to customers, respond with bland phrases such as we are […]
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Ecosystem Thinking to develop Advanced Services

Delivering advanced service propositions can be daunting as they stretch beyond core capabilities 1. Ecosystem Thinking to deliver complex new service offerings In todays connected world, we think less about products and more about solutions and outcomes. Relationship, network and ecosystems are increasingly replacing traditional transaction and supplier thinking. Companies […]
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Five Guiding Principles for Service Transformation within Product Focused businesses

By the very nature of their history, engineering and industrial businesses tend to focus on technology and processes when developing product related services. However for these services to be enduring and profitable, they must also develop and even change their people as they evolve to a services centric culture. Generally […]
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Five Innovation Patterns to discovering new data driven services

As businesses begin to embrace the opportunities offered by the IoT, digitilisation and analytics, many are unsure what they are going to do with all that information.   Within product related service businesses, most of the thinking is centred on driving out cost through remote diagnostics and services. But this […]
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Mobile Apps: A bridge to monetising a world of connected things

The key to monetising the Internet of Things (IoT) and Big Data is not to focus on the technology itself, but the impact on customers’ business processes and business model. However, many companies do not find it easy to imagine how their business model might change. Many are lost in […]
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CEO story-lines to communicate service transformation more effectively

1. Why Story telling and pictures are Critical to Success Developing Advanced Services within a Product Centric environment takes many years of organisational and technical development. Having a clear overview of the key elements required to successfully deliver service transformation over an extended time period is vitally important to a […]
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Driving success in service operations through leading indicators: 7 key messages

Managers in all businesses are driven to measure key elements of their performance, because we all know that old maxim: ‘If you can not measure it, you can’t manage it’. In blogs and white papers you will find a raft of must have KPI’s that will give you the control […]
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Service Transformation: More an Art than Process

The mistake many leaders in industry make, is to believe that defining a clear vision and strategy with ruthless follow up is the only recipe for success. This may indeed initiate change, but rarely do the results last. Often 3-4 years later, the business will be addressing the very same […]
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Creating the Solution focused Self Learning organisation to harness tomorrows technology

 ‘Profitable long term growth comes from having the right people in the right place at the right time.’ Technology although important, usually plays a secondary role. In todays fast moving world this might be an “off-message” statement, but the truth is that it is still people who deliver profits.  As […]
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