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How to Ensure Your Organization’s Digital Transformation Succeeds

Leading Blog

This force is called creative destruction, which is the process where innovation and technology advancements are reshaping industries and business models. In 2013, Nokia’s mobile phone business was sold to Microsoft. The second and more important question remains: How do organizations achieve success?

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How RFID Technology Improves Hospital Care

Harvard Business Review

The successful experience illustrates the role that relatively simple technology (e.g., The project was launched in 2013, and the RFID system was rolled out in stages starting in the summer of 2015. Use technology to identify and address barriers. High-density RFID readers were installed in the ceilings.

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Don’t Blame IT for Obamacare’s Tech Troubles

Harvard Business Review

The better question and concern is, where was the leadership and oversight helping to assure Obamacare’s implementation success? The underlying truth for virtually every large system’s implementation initiative is that success demands leadership and oversight that holds itself accountable for assuring best practice.

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What Spinning Off a GE Business Taught Me About Managing Ultra-Fast Change

Harvard Business Review

Several studies by Towers Watson show that just 25% of change management initiatives are successful over the long term. We hired roughly 1,000 new employees in approximately 15 months to build our operations, human resources, compliance, and technology teams. (We Change management can be a test for any organization.

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Why Financial Statements Don’t Work for Digital Companies

Harvard Business Review

Twitter reported a loss of $79 million before its IPO, yet it commanded a valuation of $24 billion on its IPO date in 2013. companies – which further suggests that the balance sheets has become an artifact of regulatory compliance, with little or no utility to investors. For the next four years, it continued to report losses.

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What to Know About Doing Business in Iran

Harvard Business Review

However, oil prices have dropped more than 60% since the interim nuclear deal in November 2013. more competition to reduce consumer prices, sharing international best practices, technology transfer, public-private partnerships) needed to boost the economy’s health. This dynamic can stall important change (e.g.,

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What It Will Take to Fix HR

Harvard Business Review

Baseline financial skills are still essential, but international experience, industry knowledge, investor relations acumen, technology expertise, and strategic prowess are now just as much part of the package. Success demands a far more diverse set of experiences and skills.

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