Yesterday’s tentative approaches won’t deliver; you need absolute clarity about digital’s demands, galvanized leadership, unparalleled agility, and the resolve to bet boldly. If there’s one thing a digital strategy can’t be, it’s incremental. The mismatch between most incumbents’ business models and digital futures is too great—and the environment is changing too quickly—for anything but bold, inventive strategic plans to work.
ByEd Giles
Whenever I think of the multitude of phone companies today, I remember that once upon a time, there was ONE phone company. Yes, one – “Ma Bell”. On the AT&T website, they proudly post this fact: “For much of its history, AT&T and its Bell System functioned as a legally sanctioned, regulated monopoly.” While on paper this makes a degree…
As we get older, it’s interesting what we recall from our youth and the impact it had upon us – even if we didn’t know it at the time. For me, I was blessed with having several teachers who supported me and influenced me a great deal; those that left a positive and indelible mark…
Back in the middle of 2017, as Tesla was ramping up the production of the Model-3 and the company was worth only $63.5 billion (as opposed to $1 trillion today), Elon Musk famously stated that he was entering “Production Hell“. Evidently, he made it through just fine. But people reading this might think; “Isn’t Musk…
Alfred Sloan, the man who presided over the spectacular rise of General Motors to the top of Corporate America from 1920s to 1960s and indeed most credited for creating the modern form of business corporation as we know it, had a very complex love and hate relationship with the man who did the most to…
Over the last twenty years, organizations have adopted many different improvement programs – TQM, Re-engineering, Lean, Six Sigma, etc. Despite working hard to adopt/apply the particular improvement methodology, very few organizations actually experience a true transformation and radically improve their competitive position. The competitive position typically stays the same since competitors also advance by adopting…
3D printers are set to revolutionize how we do things in the future. This is both exciting, offering us a host of untapped opportunities, as well as potentially worrisome for many. Much like the PC, the 3D printer has shrunk in size and cost and is now making its way into homes across the world….
