Name: 3 Steps to Driving Digital Transformation
Uploaded: 2022-09-23T13:06:42.282Z
Duration: 316.52
Description: Digitalisation is happening. Hear how Bayer has embraced digital advances and what they think are their next three steps to driving digital transformation.

DRAFT Priscilla Beal.mp4

3 steps to driving digital transformation.vtt

English

{{00:00:06}}
My name is Priscilla Beale, I'm on the technology prospecting
team at Bayer and I'm really excited to talk to you today

{{00:00:11}}
about how we're transforming digital within the organization.

{{00:00:16}}
I know digitalization isn't something we can prevent
from happening by refusing to be a part of it.

{{00:00:22}}
It'll start elsewhere, you know think blockbuster or digital,
you know all dollar shave club, all of those examples.

{{00:00:28}}
You're just going to have to go and accept that
new business model that's been developed somewhere

{{00:00:32}}
else, or you're going to be disrupted entirely.

{{00:00:35}}
So instead we embrace the advancements,
digital has, is, and will make possible.

{{00:00:43}}
For us digital transformation, isn't just about more
efficient production and selling more of our products,

{{00:00:53}}
although sure, we all want to serve our customers better.

{{00:00:56}}
But for us it means improving people's health and securing
food supply for a growing and aging population in line with

{{00:01:03}}
the amazing vision that makes me so proud to work at Bayer..

{{00:01:27}}
In line with that vision as well, is about becoming more
sustainable in a world that is constantly struggling

{{00:01:33}}
with human induced, climate change, biodiversity loss,
global inequality but it's not just about the bottom line.

{{00:01:41}}
As I've said, it's also about leveraging and anticipating
advancements in digital to ensure employees are not

{{00:01:49}}
only empowered with the needs to innovate and implement
change, but provided a safe environment in which to do so.

{{00:01:56}}
Whether this is fostering entrepreneurship, celebrating
failure as well as success and especially important now,

{{00:02:03}}
flexible work arrangements for our personal health and
safety that many of us are so lucky to have right now.

{{00:02:19}}
And this is what Bayer stands for, and
this is how we're advancing digital.

{{00:02:32}}
The first is the digital transformation board, which was
established to coordinate and accelerate the digital transformation

{{00:02:39}}
of our group across all of our divisions and functions.

{{00:02:43}}
It's composed, of quite the powerhouse.

{{00:02:45}}
So it's three, all three of the division
heads who are also board members.

{{00:02:49}}
It's Bayer's chief financial officer and chief information
officer, and then the heads of digital transformation

{{00:02:55}}
in it for the three divisions and corporate functions.

{{00:03:01}}
We have some, some really, amazing and impressive digital
initiatives, like learning programs for employees and leadership

{{00:03:08}}
trainings, all that speed up this cultural change process at Bayer,
and that are centrally, centrally coordinated for the most part.

{{00:03:16}}
Things like different methodologies training in different
methodologies, systematic inventive thinking, design thinking

{{00:03:22}}
human centered design, 500 plus innovation coaches network that
helps divisions identify challenges in the first place, a five

{{00:03:31}}
by five sprints, which are based on employee identified business
opportunities that then bring together the name five employees.

{{00:03:39}}
Across the entire organization, intentionally from different functions
and backgrounds who worked together for five weeks sequestered, on a

{{00:03:48}}
funded what we call sprint, to deliver a prototype that, that answers
this business opportunity and this challenge that they've identified.

{{00:03:55}}
And that scene not only patent success, but then also new
business, new business model and product success as well.

{{00:04:04}}
And Bayer really does a great job of empowering its employees to not
only have visibility into all of these trainings and opportunities,

{{00:04:12}}
but then allows us to then also participate them in them.

{{00:04:16}}
Additionally, and this is what I mentioned before this
inextricable nature of, of how digital, and IT is supporting

{{00:04:23}}
digital transformation, supporting the divisions in their
strategic success, and that's putting the IT and digital

{{00:04:29}}
experts closer and in fact, embedding them into the divisions
so that we're jointly developing new solutions together.

My name is Priscilla Beale, I'm on the technology prospecting
team at Bayer and I'm really excited to talk to you today

about how we're transforming digital within the organization.

I know digitalization isn't something we can prevent
from happening by refusing to be a part of it.

It'll start elsewhere, you know think blockbuster or digital,
you know all dollar shave club, all of those examples.

You're just going to have to go and accept that
new business model that's been developed somewhere

else, or you're going to be disrupted entirely.

So instead we embrace the advancements,
digital has, is, and will make possible.

For us digital transformation, isn't just about more
efficient production and selling more of our products,

although sure, we all want to serve our customers better.

But for us it means improving people's health and securing
food supply for a growing and aging population in line with

the amazing vision that makes me so proud to work at Bayer..

In line with that vision as well, is about becoming more
sustainable in a world that is constantly struggling

with human induced, climate change, biodiversity loss,
global inequality but it's not just about the bottom line.

As I've said, it's also about leveraging and anticipating
advancements in digital to ensure employees are not

only empowered with the needs to innovate and implement
change, but provided a safe environment in which to do so.

Whether this is fostering entrepreneurship, celebrating
failure as well as success and especially important now,

flexible work arrangements for our personal health and
safety that many of us are so lucky to have right now.

And this is what Bayer stands for, and
this is how we're advancing digital.

The first is the digital transformation board, which was
established to coordinate and accelerate the digital transformation

of our group across all of our divisions and functions.

So it's three, all three of the division
heads who are also board members.

It's Bayer's chief financial officer and chief information
officer, and then the heads of digital transformation

in it for the three divisions and corporate functions.

We have some, some really, amazing and impressive digital
initiatives, like learning programs for employees and leadership

trainings, all that speed up this cultural change process at Bayer,
and that are centrally, centrally coordinated for the most part.

Things like different methodologies training in different
methodologies, systematic inventive thinking, design thinking

human centered design, 500 plus innovation coaches network that
helps divisions identify challenges in the first place, a five

by five sprints, which are based on employee identified business
opportunities that then bring together the name five employees.

Across the entire organization, intentionally from different functions
and backgrounds who worked together for five weeks sequestered, on a

funded what we call sprint, to deliver a prototype that, that answers
this business opportunity and this challenge that they've identified.

And that scene not only patent success, but then also new
business, new business model and product success as well.

And Bayer really does a great job of empowering its employees to not
only have visibility into all of these trainings and opportunities,

but then allows us to then also participate them in them.

Additionally, and this is what I mentioned before this
inextricable nature of, of how digital, and IT is supporting

digital transformation, supporting the divisions in their
strategic success, and that's putting the IT and digital

experts closer and in fact, embedding them into the divisions
so that we're jointly developing new solutions together.

Digitalisation is happening. Hear how Bayer has embraced digital advances and what they think are their next three steps to driving digital transformation. 

thumbnail_Priscilla_Beal.jpg

Priscilla_Beal.jpg

Priscilla Beal

Global Head of Partnerships 

Priscilla Beal discusses how technology can be used to create a more sustainable planet.

Section 1: How to adapt to digitalisation

The first step Bayer took to drive digital transformation was to start creating a board. This helped them begin to digitize, coordinate, accelerate across all divisions and functions.

Section 2:  Step 1 - Creating a digital transformation board

Pricilla goes on to give examples of different digital initiatives they set up to speed up the cultural change process at Bayer which were centrally coordinated.

Section 3: Step 2 - Setting up group wide initiatives 

She explains the last step of putting the IT and digital experts closer and embedding them into divisions so they are coming up with solutions together.