Have you ever imagined the situation of your business in the future? Ten years from now, for example. Are you sure that your traditional organization will survive the dynamic changes of the Third Digital Revolution?
Well... The title of the book says a lot about this! Luiz Guimarães portrays that the digital age we are living in today will cause drastic changes in the way we do business in the future.
In "Innovate or Die", the author discusses the importance of adapting to these changes, and also how innovation capacity is vital to ensure the survival and success of both a company and a professional of tomorrow.
The book "Inove ou Morra" (2018), "Innovate or Die" in a direct translation, by Luiz Guimarães, introduces a proposal that seeks to modernize and innovate companies adapting them to the digital age, focusing mainly on customers. The author gave the name of "Digital Reengineering" to the concept.
The book brings reflections that help us to better understand the changes and their causes, showing us what to do about them. Besides, it still states that you do not have to be a startup to develop news!
Luiz Guimarães has extensive knowledge and experience with the concept of technology, being a specialist in the field. His focus is divided into three main points: process management, automation business, and digital companies.
With almost twenty years of entrepreneurial experience, he is the founder and most important manager of the TD holding, a non-profit association dedicated to technology management and business acceleration.
The author is also the creator of the Digital Reengineering concept, which aims to help conventional companies to seek innovation and prosperity in the digital age. This concept is presented by him in this book!
The book "Innovate or Die" is dedicated to all entrepreneurs who need to seek innovation and adapt their enterprise to the new digital era!
However, the book is also suitable for all who seek to increase their knowledge base on the main technologies of today's world.
According to Luiz Guimarães, the book "Innovate or Die" seeks the following reflections:
This summary will introduce you to some of Luiz Guimarães' main ideas and his concept of "Digital Reengineering"!
Do you have no time to read now? Then download the free PDF and read wherever and whenever you want:
Technological progress and the implementation of several new products on the market are causing changes in the habits and way of living of the people, and this is no secret. Can you imagine yourself without your smartphone? Difficult, isn't it?
According to Luiz, this trend of change will only gain strength, as technological advances are rampant. In this sense, the author states that even natives of the current digital generation will need to relearn to use different things than they are already accustomed to.
He describes that all generations will sooner or later incorporate into their culture the new technologies of their era. Guimarães also points out that this changes the expectations, behaviors, and demands of new buyers.
Guimarães portrays that marketing techniques are often used to depict the experience of a product or service, but rarely point out the product or service convenience.
He says that innovating is increasing the level of convenience. For this, it is necessary to redesign the value proposition that your brand can deliver. Luiz uses an example to make this reflection clearer.
In the past, people could only watch a movie if they went to a movie theater. But with the evolution of technology, DVDs have emerged and convenience has increased. And why stop there? Nowadays we have video streaming services such as Netflix.
In this way he says in "Innovate or Die", people began to watch movies in the comfort of their homes, no longer having the inconvenient need to go to the cinema at a specific time to just enjoy a cinematic experience.
In this way, the author portrays that to keep us in the market, we do not necessarily need to develop a new form of experience (such as a startup), but to provide greater convenience and meet new expectations to the customer.
How to improve your brand's presence? Guimarães points out the three main points that must be tackled for this:
The world has gone through two digital revolutions. The First one happened between 1940 and 1960, in the same period the Mathematical Theory for Communication was developed, which originated the network information exchange protocols.
The Second one happened between the '70s and '90s when several technologies were developed that brought some comfort and gave rise to market niches, such as computers, video games, electronic music (discs and tapes), internet, and ERPs.
Nowadays we are living the Third digital revolution, focused on mobile, intelligent, accessible, communicative, social, and global technology.
According to Guimarães, these technological achievements do not compare with those that are yet to come. He also points out that the Third Technological Revolution is the greatest and most complete and impressive experience we have ever experienced!
It can be divided into ten major groups:
All of these technologies are strongly related to innovation and have also boosted the emergence of various startups.
The popularization of technologies and the massive use of new digital resources allowed the creation of several companies exclusively digital and closely linked to the industry 4.0.
New technologies have changed people's habits and, consequently, the way we carry out our tasks and relate to each other. The speed of change is incredible!
In addition to the way we live, technological innovations have made it cheaper and easier to access devices and services. Guimarães makes price comparisons of some products to exemplify.
In the case of drones, for example, the price range decreased by about 14, 100% in six years from 2007 to 2013.
According to the author, new technologies are of great importance and create conditions for new markets.
Luiz Guimarães says that there is a rich supply of products and services coupled with a great demand from new consumers and a strong distribution channel, all of which are consequences of new technologies.
What is the biggest challenge for companies today? Deliver greater value and differential to consumers. Any company that can not meet these requirements is doomed to failure or, as he describes in the book's title, die.
Guimarães explains in his book the concept of Business Process Reengineering (BPR). This definition was developed in 1990 by Professor Michael Hammer.
Basically, the methodology seeks to plan a business aimed at improving efficiency in customer service systems and, above all, seeks to seek global competition.
Among the highlights of the methodology are:
However, as Luiz pointed out, the reality of the time did not allow for such results to be fully optimized, since the adaptation of old ideas and methods was not enough.
He states that the act of rethinking is extremely important to the success of a business. From this, he concludes that this action must be based on the possibilities of the future with the application of new technologies, and not on the adaptation of old ways.
Based on the concepts of BRP and having in mind the rethinking and its relation with the new technologies, Luiz Guimarães proposes an appropriation and adaptation of the term, calling it Digital Reengineering (DR).
This new concept aims to improve the delivery of added value to the digital customer and also aims to improve the way of working from the use of new technologies. The DR seeks to direct the business based on four fundamental points:
The author presents in the book the seven principles for the application and design of Digital Reengineering. In this summary, we will make a brief survey of each of them:
Eric Ries in the book "The Lean Startup" explains that it is important that the word "innovation" be understood broadly. They can be original scientific discoveries, a new use for existing technology, creation of a new business model, among others.
In the book "Negócios Digitais", "Digital Business" in a direct translation, author Alan Pakes clarifies that with each passing day new technologies emerge, new possibilities are identified and new opportunities created. Adapting to this reality, companies are investing more and more on the internet and in the digital world.
This is how the concept of "Digital Business" arises, that is, businesses based in the digital world, using the tools available to achieve the best results.
On the importance of the Internet for marketing, Seth Godin, author of the book "This Is Marketing" explains that the internet has changed the rules of the game. It is the most massive communication mean ever created, connecting billions of people.
The book "Innovate or Die" brings us the reflection on the complexity and the advancement of technology over the years. The author shows us how evolution and modernization have changed and are changing the habits and ways of acting of people and, of course, of companies.
Luiz Guimarães explains that to innovate you do not necessarily need to develop something new, but rather apply the new one in your business.
In this way, companies will be able to add value to their product or service, meeting customers' expectations, and delivering them greater convenience and convenience.
So, reader, did you like this summary? Leave a comment for us! Your feedback is very important to enrich our content!
Do not forget to check out the complete book and stay on top of all technology and innovation topics! Just click on the cover below:
And receive a weekly summary of the biggest best sellers to read and listen to whenever you want!