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Technologies Your Business Really Can’t Afford Not To Embrace

Strategy Driven

They will see this as a time of technological revolution where science fiction met with science fact. A lot of the technologies themselves have been around, in some form or another for decades but through generations of refinement and repurposing, we are now witnesses to the emergence of technologies that will change the world.

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Will China Bring Your Firm New Owners, Partners, or Competitors?

Harvard Business Review

During the global financial crisis, Robert Remenar, CEO of Nexteer, a Michigan-based automotive steering firm, deliberately searched for potential new Chinese owners. In 2010, Chinese firm AVIC Automotive purchased Nexteer for $465 million. But what are the broader implications for industry standards?

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What Is a Robot, Anyway?

Harvard Business Review

For Westerners at least, our working cultural definition owes a lot to robots in stories and film, as well as real-life robots past and present. million industrial robots are in use or available in various industries including automotive, electronics, rubber and plastics, cosmetics, pharmaceutical, and food and beverage. Technology'

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Many Companies Still Don’t Know How to Compete in the Digital Age

Harvard Business Review

In the past, disruption occurred at the level of discrete product and service technologies that competed to offer better value for customers (e.g., Every industry, no matter how traditional — agriculture, automotive, aviation, energy — is being upended by the addition of sensors, internet connectivity, and software.

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If Ford Wants to Beat Tesla, It Needs to Go All In

Harvard Business Review

The auto industry is facing a trio of disruptive technologies: electric batteries, autonomous vehicles, and the mobile phone. Fujifilm, for example, outlasted Kodak not only because it changed from being a film to an image company two decades ago but because it built its entire organization around its new approach.