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Determination is Not Enough; Content Creators Need Blockchain on Their Side

Strategy Driven

Blockchain technology – the decentralized tech that was famously introduced to supports bitcoin – is now be leveraged to remedy the many disparities that exist in today’s online content landscape. IBM, Walmart, FedEx, Microsoft, Mastercard, Overstock, and Bank of America are just a few the corporations now using blockchain.

Content 61
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The Blockchain Will Do to Banks and Law Firms What the Internet Did to Media

Harvard Business Review

Like the internet, this technology is designed to be decentralized, with “layers,” where each layer is defined by an interoperable open protocol on top of which companies, as well as individuals, can build products and services. Unfortunately, the exuberance of fintech investors is way ahead of the development of the technology.

Banking 19
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To Drive Digital Transformation, Focus on People

Strategy Driven

New financial innovations enabled both historic global economic growth and cascading global financial failures. organizational structure (such decentralizing and aligning technology to business areas more effectively), and governance. It’s an unrelenting focus on developing the best leaders at every level of your enterprise.

Agility 65
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Why Adding More Products Isn’t Always the Best Way to Grow

Harvard Business Review

Even when companies do want to expand their product offerings, internal preparation and sequencing can matter more than the innovation itself. Each was set loose to develop or acquire products to satisfy those markets. Once they have a strategy to fit the context, they can sequence out the various steps to implement it.

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When to Decentralize Decision Making, and When Not To

Harvard Business Review

Hence, when (re-)designing the organization structure, they tend to decentralize decision-making, so that decision rights are as close as possible to the people who deal with customers, competitors, front-line employees, and other stakeholders. Decentralization allows immediacy in time and place, hence responsiveness. ” 3.

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

Harvard Business Review

When Sloan became president of GM in 1923, he put in place planning and strategy, measurements, and most importantly, the principles of decentralization.” In the spring of 1920 the company had to go to the banks and get an $80 million loan (about a billion dollars in 2018) to finance operations.

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How Blockchain Could Help Emerging Markets Leap Ahead

Harvard Business Review

We argue that, like previous revolutionary ideas, blockchain has the potential to help developing nations leapfrog more-developed economies. This in turn boosted development by allowing relatively poor farmers to reliably send and receive payments at affordable rates, fostering economic growth by lowering transaction costs.