The next time you read a call to action about the need for a new CXO role, you can apply these three steps to take a more disciplined approach to getting to grips with the technology or trend and seizing the opportunity.
The most productive ideation workshops, and those with the best customer experience, are those that have a unique DNA comprised of strategy, people, process, technology and which have been refined and optimized over years of experience.
Different approaches that can help to further advance the way ideas are sourced, shared, scoped and shepherded through the innovation process, so that public sector organizations can improve the yield of ideas moving through their pipelines.
Every day of every year, people of all backgrounds get into danger in the water. Here's how the Royal National Lifeboat Institution employs “digital” to support a very important and highly-specific mission – that of saving lives at sea.
Platform business models are a very different animal from traditional IT projects, they often involve the entire company and require multiple business units to come together and stay in close alignment.
What started as a role close to that of the CMO has now evolved into something far-more expansive u2013 reaching into corporate strategy, innovation, technology and operations. More than ever, visionary CIOs are in an excellent position to pick up the mantle of CDO and to become u201ctransformer-in-chiefu201d.
We’re at the beginning of another “Kodak moment” as the world shifts more and more towards bitcoin and cryptocurrencies. As the world transforms, the lessons from the California gold rush may help you put your best foot (or shovel) forward.
While there are perennial capabilities and skills that are required for business success – investment, leadership, culture, change management, governance – digital transformation requires new capabilities that organizations need to acquire and develop mastery around.
While there are perennial capabilities and skills that are required for business success (e.g. investment, leadership, culture, change management and governance), digital transformation requires new capabilities that organizations need to acquire and develop mastery around.
Many innovation leaders need to carefully navigate the waters between too much resistance to innovation from corporate antibodies and, conversely, too much enthusiasm for innovation from those wishing to put on theater.
The banking industry as well as the high-tech industry is continuing to experiment with the art of the possible, particularly around the digital-physical blur of payments and redesigned business processes. After more than 65 years of traditional credit cards, 50 years of cash machines, and nearly 20 years of contactless payments, almost everything is up for reimagination.
While discrete technology trends often get all the attention in New Year's lists, this coming year will be highlighted by organizations taking a more holistic focus on digital transformation with an increasing number of "world-firsts" as vertical industries refine their mastery of digital business.
Platform business models can be a powerful ecosystem for value exchange and innovation. Here is a primer on the definition and benefits of platform business models and some go-forward strategy recommendations for executives and managers.
Today, the market for innovation management software is highly fragmented and centered on the idea-management portion of the innovation life cycle. Here are five areas where today's software needs to evolve over the next few years to best support continuous digital innovation.
Professor Sanjay Sarma is best known for his ground-breaking work with Kevin Ashton and David Brock in co-founding the MIT Auto-ID Center. It was during this period back in 1999 that the term “Internet of Things” was coined and “things” truly started to get connected to the Internet.
When deluged with so much information, and stark differences in opinion, it’s worth looking at the facts and formulating a go-forward approach which is appropriate for blockchain’s relative maturity in the market and your organizations appetite for risk.
Just as there's a dominant technology platform for digital business, comprised of a set of foundational emerging and disruptive technologies, there's also a dominant new business model emerging in the form of digital business ecosystems.
If you're managing any aspect of innovation for your organization, particularly innovation workshops or other initiatives in support of targeted ideation, here are some steps to ensure your activities pass — and even exceed — the litmus test in terms of "lean" principles.
More than just the IoT and big data/fast data/data analytics, the real potential of the Industrial Internet and Industry 4.0 will be realized by the holistic combination of a key set of technology enablers to deliver “dynamic, real-time optimized, self-organizing value chains”.
Here's a list of nine key questions to ask of your next digital business initiative — not just on the vision, value proposition and differentiation of the product or service itself, but on your entire business model and how you intend to go to market.
In 2016, as the race to digital transformation progresses, we’ll start to see the leaders separate themselves from the rest of the pack by setting a firm pace that’s fueled by five essential ingredients.
With all the interest in digital transformation in the business world, what can the world of Formula One, where results are measured in thousandths of a second, teach us about emerging technologies and how to manage, combine and optimize them to deliver competitive advantage?
Every three to five years the map of the world in terms of innovation is redrawn as organizations change strategic direction, bring in new leaders and/or respond to market threats and opportunities. Here are five critical pillars of innovation management capability that need to be a part of any large-scale initiative.
How should an organization think beyond the strategy and get to transformative execution and outcomes for digital business? Here are six steps for digital transformation that you can take to progress from innovative strategy development, to an architectural framework, to practical execution.
Exactly why is digital business so disruptive to traditional business models and traditional notions of industry competition? A useful way to analyze the situation is by looking at Porter's model of the five forces of industry competition and exploring how digital business is impacting each of the various forces.
When it comes to the digital workplace, the popular opinion, and fear, is that machines are encroaching upon human work activities and taking an ever larger percentage of this work away for good, Fortunately, this doesn’t take into account the realm of possibilities created when work processes are reimagined in the context of mutual human-machine collaboration.
When it comes to IoT security, it’s the Wild West out there. One of the main problems is that security is often an afterthought, bolted onto solutions after the fact, once issues arise. Here are some steps to help you do things better.
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