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How to Ensure Your Organization’s Digital Transformation Succeeds

Leading Blog

I N THE AGE of digitization, businesses face a critical imperative: to adapt and embrace innovation or risk being left behind in a rapidly evolving world. This force is called creative destruction, which is the process where innovation and technology advancements are reshaping industries and business models.

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Leading in a World of Change: Lessons from Downton Abbey

Great Leadership By Dan

At the same time, the advent of new ground breaking technologies such as electricity and motorization – today we would call them disruptive – allowed the estates to operate with significantly less staff. The fundamental business model that had sustained the great estates for hundreds of years was unraveling.

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Could Solar Power The Next Industrial Revolution?

The Horizons Tracker

Indeed, in the UK, dozens of energy companies face bankruptcy as the long-term contracts they have signed with customers on low prices render their business model unviable in a world in which the price of liquefied natural gas rose by two-thirds in less than a month. The green economy. Solar as a service. consumption.

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Big Data, Big Opportunity

Chartered Management Institute

Big Data, and its close cousin the Internet of Things, are among the trendier terms of 2013. They are transforming each and every business model. At the C-suite, businesses need not only a data analytics strategy, but a data-analytics culture, researchers from McKinsey have concluded. The reason?

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An Interview with Diane Gherson, CHRO at IBM, on Driving Organizational Transformation

HR Digest

The contribution of technology in improving customer experience is well documented, but little has been done in using it for enriching workplace experiences. Diane Gherson is a trailblazer when it comes to introducing agile technologies in the gamut of Human Resources. Digital technologies forced-disruption of all that.

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The Surprising Power of Business Experiments

Skip Prichard

Even though I had studied the statistical and management principles that are core to experimentation, I had not closely examined their role in customer experience and business model design. I had no idea how their use would fuel the rise of today’s online businesses. -Daniel Kahneman. ” -Stefan Thomke.

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The Best Digital Business Models Put Evolution Before Revolution

Harvard Business Review

What, another clarion call urging executives to fundamentally rethink their business models through digital technology? The business media have had no shortage of these. While there is certainly merit in questioning your business model, revolutionary business model transformation remains elusive despite the buzz.