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Best Practices Consumer Products :-Sharing few of my Key Takeaway points.

CPG Eventful.JPG

October 5th – 7th
2015, attended “Best Practices for Consumer Products” conference, below are few
key takeaway points I would like to share.

 

  • Digital economy is inevitable and taking over everything else.
  • Innovations around Consumer personalization will be a major
    contributor to revenue growth and increasing market share, but that’s just 50%
    of the game.
  • Remaining share is from personalization with relevant context
  • Consumer needs simplicity and waiting for their demands to be
    satisfied.
  • S/4 HANA surely is providing a platform resolving major challenges,
    but agility in adoption brings most of the values.
  • Customers wants to invest but in targeted areas and don’t think
    they can invest in enterprise level S/4HANA migration.
  • There are huge understanding gaps, even in big organizations.
  • IT and Business lines were disappearing, now they are merged as
    two Gears of a machine, hard to tell which one is driving and which one is accelerating,
    with ever interchanging roles.
  • Need is for “IT-Savvy Business Leaders” and “Business-Savvy IT
    Leaders” in organizations; will help address the Organizational Changes
    questions.
  • There is always a help available around you. So ask for help if
    you cannot answer everything, or have a second pair of eyes validate assumptions
    with you.
  • Innovations without strategy is like firing arrows in dark,
    start with an assessment and build an agile roadmap.

Regards,

Mohid Khan

Fujitsu America Inc.

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