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Everything You Need to Know About Oilfield Services

Strategy Driven

These include seismic testing, directional services for drillers, transport services, and more. They also offer specialized expertise in engineering, procurement and construction. The oilfield services market has been booming due to the growing energy demand. Many positions require physical strength and stamina.

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6 Ways Technology Can Help Companies Innovate Out of the Coronavirus Downturn

Strategy Driven

In my book, “The Innovation Ultimatum: How Six Strategic Technologies Will Reshape Every Business in the 2020s,” I outline the technologies that will drive unprecedented innovation into products and services in the 2020s, creating entirely new business models. These technologies are: Artificial intelligence (AI).

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To Understand the Future of Tesla, Look to the History of GM

Harvard Business Review

” When Sloan arrived at GM in 1920 he realized that the traditional centralized management structures organized by function (sales, manufacturing, distribution, and marketing) were a poor fit for managing GM’s diverse product lines. Modern Corporation Marketing. auto market. car market. General Motors had 20%.

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Most On-Demand Businesses Aren’t Actually Disruptive

Harvard Business Review

But for entrepreneurs, investors, and corporate innovators clamoring to build these businesses, it’s important to recognize that not all opportunities in this market are created equal. When Uber and Airbnb burst on the scene, they were tackling major inefficiencies in the markets for transportation and housing.

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To Go Digital, Leaders Have to Change Some Core Beliefs

Harvard Business Review

Increasing the social media marketing budget is not digital transformation. Today, the list of disruptive new entrants is expanding and the primary differentiator is clear: they bring new mental models to existing industries and create new business models that customers and investors love. We need to be more like Oracle.

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Reverse Innovation Starts with Education

Harvard Business Review

Reverse innovation is also a significant learning opportunity for students in engineering. Engineering graduates are good at solving problems. On a similar note, last week, I gave a keynote speech on reverse innovation to students at University of Alabama in the Science, Technology, Engineering, and Math (STEM) disciplines.

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How Industrial Systems Are Turning into Digital Services

Harvard Business Review

But to Sweden-based SKF Group — the leading company in the $76 billion global market for ball bearing systems — these objects are heroic, destined to become the “brains of rotating machinery” by transmitting data to boost performance, reduce downtime, and prevent accidents.