HP Innovation Journal Issue 13: Winter 2019 | Page 8

The Outlook Kim Rivera, president of strategy and business management and chief legal officer, reveals the basic building blocks of how HP will transform as a company and as a workforce. May you live in interesting times, goes an apocryphal Chinese curse, and ours is nothing if not interesting. Businesses of all sizes, from across industries, are racing to meet their customers where they are and to speak their digital language of choice. Our future success depends on a coherent, connected digital capability to achieve the speed and deliver the expe- rience HP’s customers, partners, and employees expect. Luckily, HP is no stranger to reinvention and identified what we need to do. Three pillars make up the future of strategy development and digital transformation: First and foremost, we must focus on how we serve our high-value customers. We know that delivering a seam- less customer experience, especially at the most critical points along the customer journey, is key to capturing and retaining customers. Sixty-seven percent of cus- tomers will pay more for a great experience, up to 16% more over the current price. They are almost three times more likely to return. And a bad customer experience causes 32% to leave after that bad experience. We need to provide an unparalleled customer experience in order to retain the high-value customer. 6 HP Innovation Journal Issue 13