Oxford Seminar 2006
From Technology to Trust – Putting People at the Center of Digital Transformation

Introduction and Context
The 2006 Oxford Seminar marked a clear shift in perspective: from measuring channels to understanding people.
After several years of digital growth and experimentation, the focus now shifted to how technology, organization, and culture could be integrated so that companies became more connected—not more fragmented.
While earlier seminars had focused on multichannel as a structure, 2006 focused on multichannel as interaction.
Digitalization was no longer simply a technical or strategic task—it had become a human and organizational challenge.
Oxford 2006 therefore became a meeting point between three worlds:
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Research, providing insights and frameworks.
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Practice, represented by organizations that had experimented with—and sometimes failed at—digital integration.
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Futures analysis, broadening the perspective toward the emotional and trust-based dimensions of the customer experience.
Program Overview
The seminar brought together speakers from both academia and business:
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Dr. Jonathan Reynolds, Templeton College, Oxford – Update and Overview of Multi-Channel Retailing Developments
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John Ashton, Futures Group – Meeting the Multi-Channel Challenge
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Giles, Oxford – Consumer Experience and Trust in a Multi-Channel World
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Jonathan Wall, Dabs.com – Digital Transformation from a Business Perspective
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Participants came from a wide range of industries, including finance, transportation, retail, media, and technology—all at different stages of digital maturity.
Key Academic Themes
From Channels to Customers
Reynolds opened the seminar by emphasizing that the multichannel world had now matured. The question was no longer “Which channels should we have?” but “How do we create value across channels?”
He identified four drivers of maturity:
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Greater customer insight and analytics.
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Better integration of technology and data.
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Changes in consumer behavior—an expectation of seamless experiences.
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A new form of loyalty: trust and convenience rather than ownership and lock-in.
Reynolds also emphasized that organizations that succeed with digitalization have one thing in common:
“They see integration not as an IT project, but as a human project.”
Trust as a Competitive Advantage
Giles built on this by introducing trust as the new currency in a digital economy.
Customers move freely between channels, but remain loyal to brands that demonstrate integrity, transparency, and empathy.
He showed how brands can lose customers not because they make mistakes, but because they fail to respond honestly and quickly when something goes wrong.
Digitalization is therefore not just about speed and price—it is also about emotional accessibility.
From Information Flow to a Culture of Learning
Ashton drew connections to the earlier seminars in Oxford and San Francisco. Companies had implemented CRM, e-commerce, and data collection, yet they still faced the same question: How do we get people to collaborate around learning, rather than simply reporting?
He argued that the leaders of the future must:
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Measure learning, not just results.
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Reward the sharing of insights, not just ownership of channels.
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View communication as an ecosystem, not as a competitive arena.
“You cannot manage customers if you cannot manage collaboration.”
Ashton’s message marked a turning point: digital success was no longer a technical matter, but a question of organizational maturity and culture.
When Technology and Humanity Meet
The seminar showed how digital initiatives fail when technology is used without context.
The most successful organizations were those that managed to make technology invisible—creating an experience of seamlessness and trust for the customer, rather than complexity.
The Data Paradox
Reynolds described data as both a gift and a challenge:
“The more we measure, the more we risk missing what matters.”
He encouraged participants to use data as a mirror, not a target—and to recognize that numbers can never replace understanding.

Case Studies
Jonathan Wall – Dabs.com: Lessons from a digital retailer
Jonathan Wall, Marketing Director at Dabs.com (later integrated into BT Group), described the company’s journey from product-oriented e-commerce to a customer-oriented value chain.
He showed how the company used data to anticipate customer needs, while also facing the challenge of internal fragmentation.
“We had perfect data, but imperfect communication.”
The case illustrated the central lesson of 2006: the technology was ready—it was the organization that needed to change.
Reflections and Discussion
The discussions at Oxford 2006 were more mature and candid than in previous years. Several participants shared experiences of organizational resistance, skepticism toward change, and the need for leaders who could see the bigger picture.
One central question kept resurfacing:
How do we actually measure success in a digital world?
The conclusion: Success is no longer measured by revenue from individual channels, but by customer understanding, trust, and a culture of continuous learning.

International Perspectives
Ashton and Reynolds brought a global perspective to the discussion:
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Asia was leading the way in mobile adoption and new forms of payment.
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The United States was setting the standard for data-driven personalization.
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Europe was developing the most sophisticated approaches to privacy and trust.
Oxford 2006 therefore positioned the European perspective as a point of balance between efficiency and ethics—between innovation and responsibility.

What Do We Take Home?
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Trust is the new loyalty program.
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Data must be translated into insight, and insight into action.
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Culture trumps structure.
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The customer owns the relationship—the organization owns the responsibility.
The seminar transformed the understanding of multichannel from a technical project into a human partnership.

Relevance Today
With nearly 20 years of perspective, Oxford 2006 remains remarkably relevant. The message that technology must be grounded in human understanding—and that trust is the true currency of the digital economy—may be more relevant today than ever.
As AI and automation increasingly dominate the agenda, we once again face the same question that emerged in 2006:
How do we preserve our humanity in the pursuit of efficiency?
The Experts Behind the Oxford Seminars
The Oxford seminars were more than a series of presentations. They were meeting places where research, business, and practice came together, with leading international experts sharing insights into innovation, commerce, technology, leadership, and value creation.
Over the years, participants had the opportunity to meet some of the foremost researchers and thinkers in their respective fields.
Peder Inge Furseth
Peder Inge Furseth was a central academic force behind the Oxford seminars and helped make international research relevant to Norwegian and European organizations. As a professor at BI and academic leader of the program, he helped participants place the presentations in a broader context in which technology, innovation, business development, and people had to be understood together.
Through the seminars, he served as a bridge between research, business, and practice. For many participants, he therefore became more than an academic leader—he also became a mentor who inspired them to think differently about innovation, digitalization, and commercialization.
Jonathan Reynolds
Jonathan Reynolds is a professor at the University of Oxford and has for many years been a central academic figure at the Oxford seminars. He is internationally recognized for his research in retail, customer experience, innovation, and business development.
Through the seminars, Reynolds contributed research-based insights into how organizations can create competitive advantage through a better understanding of customers, markets, and value chains. His ability to combine academic depth with practical examples made him one of the most highly valued speakers in the seminar series.
Richard Cuthbertson
Richard Cuthbertson has for many years been an important academic contributor to the Oxford seminars. As a researcher at the University of Oxford, he has worked on topics such as retail, distribution, supply chains, innovation, and technological development.
Through his presentations, he helped connect research and practice, showing how organizations can respond to new challenges through innovation, collaboration, and a better understanding of the markets in which they operate.
From Studies and Seminars to Today’s Knowledge Universe
The studies, seminars, and academic study trips documented on this site form part of the knowledge foundation behind The Invisible Capital. Topics such as customers, technology, innovation, digitalization, and value creation have shaped this journey over several decades—but these fields have also continued to evolve.
At The Invisible Capital, we therefore continue to explore these questions through dedicated knowledge series. Here, earlier theories, research, and experiences are connected with more recent knowledge, emerging technologies, and the challenges facing people and organizations today.
Innovation
Innovation is not just about new ideas. Value is created when knowledge, technology, and ideas are developed into products, services, processes, organizational forms, and business models that are actually put into use. The Innovation Series traces the field from Schumpeter to modern innovation research and explores incremental, radical, disruptive, open, and user-driven innovation.
→ Explore the Innovation Series
The Customer
The customer is not simply the recipient of what an organization produces. In a competitive market, the customer plays a decisive role in determining whether an organization actually succeeds in creating value. The Customer Series takes a deeper look at customer orientation, customer insight, customer experience, satisfaction, loyalty, trust, and the interaction between people.
→ Explore the Customer Series
Value Creation
What does it really mean to create value—and who creates it? The Value Creation Series moves from economic theory and leading researchers toward a broader understanding of how people, expertise, institutions, organizations, and the public sector contribute to value creation.
→ Explore the Value Creation Series
Digitalization
Digitalization has evolved from individual technologies into a fundamental part of how organizations operate and create value. The Digitalization from A to Z Series traces this evolution through the internet, web, e-commerce, search, UX, social media, mobile, omnichannel, cloud, data, platforms, and digital transformation—leading to today’s AI First development.
→ Explore the Digitalization from A to Z Series
Artificial Intelligence
Artificial intelligence represents the next chapter in digital development. In our dedicated AI knowledge universe, we explore how artificial intelligence works, how AI finds and uses information, how it evaluates sources and websites, and what these developments could mean for people, organizations, and value creation.
→ Explore the Articles on Artificial Intelligence
Recommended Reading
Competing on Analytics
A key book on how organizations use data, analytics, and insights as a strategic competitive advantage. Thomas H. Davenport and Jeanne G. Harris show how analytics can transform large amounts of data into better decisions, greater precision, and more focused business management.









