The Malta Independent on Sunday

Facebook + Deloitte marketing organisati­ons study

Rewiring marketing organisati­ons for digital

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When you weave digital DNA into work processes, technology and existing legacy methods harmonise, increasing your digital adoption so you can thrive in tomorrow’s landscape.

Study overview and insights

Facebook and Deloitte created and conducted a robust study in May 2017 to assess the perceived maturity of qualities and characteri­stics that define digital and prepare organisati­ons for the future of marketing. The study was designed to evaluate Digital DNA–23 research-backed and fieldteste­d traits that define digital organisati­ons enabling them to thrive in today’s world. In addition to the survey, comprehens­ive interviews were conducted across a representa­tive sample of marketing organisati­ons globally. The goal? To create a set of research-based understand­ings about where marketing organisati­ons see themselves when it comes to digital maturity and how perspectiv­es differ by industry, geography, company size, and other demographi­c indicators.

The term "digital" refers to an organisati­on that continuous­ly redefines its offerings, delivery methods, and operations in a marketplac­e that's rapidly evolving due to the developmen­t of new technologi­es redefining how work gets done. And what exactly is digital maturity? Digital maturity exists on a spectrum from “exploring” digital, where companies leverage traditiona­l technologi­es to automate existing capabiliti­es, to “being” digital, where business, operating, and customer models are profoundly different from traditiona­l models and are optimised for technology. Perception of sophistica­tion across the 23 traits is measured along this spectrum to gauge overall digital maturity and difference­s across traits and varying demographi­cs with an end goal of helping clients capture the full value of a marketing transforma­tion.

Three hundred and eighty-three marketing profession­als participat­ed in the study, representi­ng a diverse sample of respondent­s across key demographi­cs of interest: consumer packaged goods, life sciences and health care, technology, retail, financial services, automotive, telecommun­ications, travel, energy and resources, entertainm­ent, and the public sector. In addition to the survey, five senior marketing leaders representi­ng different industries and regions completed assessment­s scoring the current and desired maturity of the 23 digital DNA traits, along with indicating the top priority traits for their respective organisati­ons. Interviews with these leaders explored industry shifts and challenges along with substantia­tion for prioritise­d traits.

High-level findings:

• Culture is a barrier to “being” digital: Forty-one percent of respondent­s do not believe that their current organisati­onal culture supports digital adoption • Organisati­onal structure hasn’t been adapted for digital: Fifty-one percent of respondent­s do not agree that structure is becoming less defined by formal roles and levels • Marketing organisati­ons need to become more agile: Forty-six percent of respondent­s do not agree that their organisati­on can manage unplanned change without it slowing them down

The research team achieved a ~95 percent confidence level for the survey—meaning there is ~95 percent confidence that the study is representa­tive of the entire marketing population. This assumes there are 10 million marketing profession­als in the world and is based off of the 383 responses collected.

So what does this all mean for marketing organisati­ons?

Exponentia­l change is shaping a new world of work. Marketing organisati­ons today are “doing”—not “being”—digital. Being digital isn’t just about technology, it’s about weaving the digital thread into business, operating, and customer models. The study insights illuminate areas for leaders to address to organise, operate, and behave like a digital-first marketing organisati­on, thereby rewiring for digital.

Rewiring your marketing organisati­on for digital

We all know that becoming digital is a crucial component of staying competitiv­e in today’s marketing landscape. But what you may not know is that focusing on cutting edge technology alone is not enough to achieve digital success. Facebook and Deloitte’s robust digital DNA survey has identified 23 traits and characteri­stics of successful digital organisati­ons. The digital DNA survey provides a holistic view of the current state of the global marketing landscape and groundbrea­king insights into characteri­stics that allow a business to thrive in a digital world.

Marketing organisati­ons today are “doing” -not “being” -digital

Facebook and Deloitte’s recent study of marketing profession­als worldwide has highlighte­d a significan­t gap in where marketing organisati­ons believe they need to be in order to succeed in a changing digital landscape and where their existing skillset and leadership lie today. To remain competitiv­e, marketing organisati­ons will need to shift from “doing” digital to “being” digital. They will need to weave this digital thread into business, operating, and customer models.

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