Presentation by: Mike Stephenson, Digital Manager, HBF
Companies have adopted the digital fundamentals, but what’s next? How do we unlock the latest and greatest when it comes to digital technologies, programmatic ad platforms and taking marketing to the next level?
Game Changers is a half-day event dedicated to innovations across data, digital and programmatic marketing, brought to you by Benchmarketing.
Visit www.benchmarketing.com.au for more info.
3. • Australia’s 5th largest health insurer
• Market share: WA 55% / 7% national
• 1 million members
• $1.5bn turnover
• $1bn in benefits paid annually
• 91.73% retention rate
• Leader in benefit payouts (AMA report)
• Not for profit sector leader
• Respected health advocate
Who is HBF?
4. 1- Have access to the internet for 15 minutes a
week
OR
2- Have full access to the internet but lose the
ability to hear out of one ear?
Would you rather
6. • Leading technology platforms: Sitecore, Adobe Analytics
• Embarking on National Expansion
• HBF, PocketHealth and Fitness App’s
• Integrated booking systems for Fitness & Corporate
wellness
• Digital Signage and Kiosks in HBF Branches
• Online Self service for HBF members
• Innovative product offerings
• Knowledgeable and passionate people
• Brilliant Digital agencies/partners
• Data, Data, Data
• Fantastic understanding of our member
• Member centric thinking
Digital Maturity
7. * MIT SLOAN: The Digital Advantage: How digital leaders outperform their peers in every industry
Digital Maturity
Insurance
• High expectations for
digital and strong vision
and governance suggest
that the insurers should be
leading the digital
revolution. Yet, this is not
the case for most firms.
• Generally, scores for
engaging customers
through social media and
mobile are lower than
average, suggesting that
the combination of strong
digital governance
capabilities, regulatory
worries, and a risk-averse
culture could be an
innovation-stifler.
8. Digital Maturity - Performance
* The Digital Advantage: How digital leaders outperform their peers in every industry
12. Marketing
Department
Digital
Services
(ITS)
Digital
Department
Where WERE we?
• Designed developed many great Digital initiatives
• Low understanding of accountability and role clarity
• Marketing department performed some digital
expertise.
• In house ITS Development predominately worked on
Support tasks or large projects
• External agencies performed all Front end and some
Backend Development
13. 3 Areas of Digital
Digital Channel
Experience
• Onsite Experience
• Sales and Service
• Personalization
• Optimization
• CMS updates
Digital Marketing
• SEM
• Programmatic
• eDMs
• Marketing
Automation
• Social
Digital
Technology
• System Integration
• Development
• Deployments
• Maintenance
14. Where ARE we?
• Integrated the Digital department into Marketing
• Clear accountability and role clarity being
established between Digital Experience and
Marketing
• Creating a new Digital Strategy
• Formed a virtual team of 5 people for a new project.
• Utilise Agencies for most Front End and little to no
Back End Dev.
Digital
Marketing
(Marketing)
Digital
Technology
(ITS)
Digital
Experience
(Marketing)
15. Where are we heading?
• Solidify accountability and role clarity throughout
Marketing and ITS
• Increased use of virtual Pods for all Digital initiatives.
• Allow experiments, prototypes and failure
• Reduce the amount of large, long projects.
• Build a sharing and trusting culture
• Use Agencies for scalability and strategic direction.
• Small teams
Experiment, fail, test, retest, move fast.
Digital
Marketing
(Marketing)
Digital
Technology
(ITS)
Digital
Experience
(Marketing)
People think Maturity as the amount of activities that are being performed.
Mckinsey May 2016: VC investment in Digital health has quadrupled from $1.1b in 2011 to 4.5b 2015. Currently there are more than 1,200 companies working on innovations for the healthcare industry.
HBF performs a lot of Digital activity but doesn’t necessarily mean we are Digitally Mature
Fashionistas: implemented or experimented with sexy digital initiatives, some worked some havent. No synergies among them, lack of strategic direction or governance.
Conservatives: Prudence over innovations. Understand the need for a strong unifying vision and for govnernace and culture. Skeptical on Digital trends to their detriment.
Beginners: might well have some great capabilities but not yet advanced them.
Digirati: understand how to drive value with digital transofmraiton. Develop culture through vision and engagement. Continual investment and coordinating digital initiatives they continuously advance their CA.
Netflix V Blockbuster
Kodak
Amazon
1- National Expansion, Website overhaul, Sitecore upgrades, Personlisation, Programattic
2- Between marketing (Digital) and ITS (FE / UX)
3-
Create the right culture
Continuous Improvement, sharing, trust, small teams (Pizza / Amazon)
Accountability, with the right culture, teams and focus we have to be able to empower.
Energize the people who want to make things happen.