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Chip Shots – The Power of Interdisciplinary Efforts

Lead Change Blog

A recent Forbes article identified the Top 10 Business Trends That Will Drive Success In 2015. David Dye – In my experience, the key to effective interdisciplinary efforts, cross-departmental cooperation, and breaking down silos is a clear focus on one organizational priority. Today’s Question. This is a great trend.

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The Big Picture of Business – Collaborations, Partnering and Joint-Venturing… Priority for Business.

Strategy Driven

Definitions of these three terms will help to differentiate their intended objectives: Collaborations - Parties willingly cooperating together. Cooperation with an instrumentality with which one is not immediately connected. Involves close cooperation among parties, with each having specified and joint rights and responsibilities.

Cooper 50
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What Role Does/Should The Deming System of Profound Knowledge Play in the World of “Big Data”?

Deming Institute

Each time technology advances to allow for collection, storage, and analysis of more data, we have the opportunity to expand the boundaries of the systems that we can analyze and improve. In fact, as the availability of data increases, there is increased need for cooperation between individuals with different viewpoints.

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Joint Ventures Reduce the Risk of Major Capital Investments

Harvard Business Review

For instance, the cost of building and equipping a leading-edge semiconductor fab has climbed to $7 billion, as the technology required to make more advanced chips is getting more complex. In many industries, the capital required to build an asset of minimum efficient scale is growing. Model 2: Asset capacity pooling.

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How Companies Are Already Using AI

Harvard Business Review

Even the near-term outlook has been quite negative: A 2016 report by the Organization for Economic Cooperation and Development (OECD) said 9% of jobs in the 21 countries that make up its membership could be automated. Could Liberate 50% of Managers' Time. That was the year Bing became a profitable business for Microsoft.)

Company 14
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What BMW’s Corporate VC Offers That Regular Investors Can’t

Harvard Business Review

This meant that the company was leaving out huge innovation potential — thousands of startups with billions of funding — that could help BMW innovate anything from core vehicle technology (batteries, sensors, artificial intelligence software) to manufacturing innovations (internet of things, cybersecurity, robotics).

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Gun Manufacturers Need to Lead Change, Not Just Follow the Law

Harvard Business Review

Investors also did well: A $100 investment in Ruger in late 2010 was worth $443 in late 2015, while the equivalent investment in the S&P 500 yielded only $163 over that time frame. It’s worth remembering Peter Drucker’s famous distinction: “management is doing things right; leadership is doing the right thing.”