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10 Lessons That All New Business Owners Must Heed In The Modern Era

Strategy Driven

The thought of being in control of the entire business model may seem like perfection. You don’t have to be a tech-based business to appreciate the value of modern tech to your venture. The right facilities and automation can boost productivity, accuracy, and financial management. Your Approach To Operations Is Key.

Brand 118
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How Industrial Systems Are Turning into Digital Services

Harvard Business Review

Tech titans such as Google and Amazon are working to connect more and more types of objects to the web by offering mobile interfaces for managing just about anything. Railway operators and wind farm owners were among the first to deploy the concept. The race toward new industrial business models. That lag poses dangers.

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How B2B Companies Can Grow with Ecosystem Orchestration - SPONSOR CONTENT FROM ACCENTURE STRATEGY

Harvard Business Review

Pivot from Partner Management to Ecosystem Orchestration: To regain visibility and control over CX, B2B companies need to consider their indirect partners as extensions of their own business and critical enablers of new business models and CX strategies. To conduct sales success, B2B leaders must do this.

B2B 8
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Focus on Your Customer's Customer

Harvard Business Review

Much of the conversation about customer-centricity focuses on business-to-consumer (B2C) firms. And while these companies were the first to acknowledge the business benefits of delivering a great customer experience, business-to-business (B2B) organizations are increasingly getting in on the game.

B2B 15
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Is Your Company Ready for the Rise of Smart Cities?

Harvard Business Review

Telecom operators often provide the backbone communication networks required to run systems and applications. Other telecoms are offering solutions such as smart parking and waste management systems. Digital natives such as Didi and Uber are operating customer-facing mobility platforms in cities around the world.

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The Industries That Are Being Disrupted the Most by Digital

Harvard Business Review

The barometer below shows the percentage of executives surveyed who responded that their business would be moderately or massively disrupted by digital in the next 12 months, broken down by industry. Secondly, they have large legacy business models which often generate the majority of their revenue. Insight Center.

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The Internet of Things Needs Design, Not Just Technology

Harvard Business Review

Their developers focus on meeting operational and environmental requirements, caring little about the physical appearance or user experience of a dashboard- or engine-compartment-mounted device that monitors vehicle data. As B2C companies rush to exploit new IoT applications, pushing technology to potential end users no longer works.