Internet of Things involves providing innovative digital services and delightful Customer Experiences. IoT encompasses an accumulation of network-based devices that extend internet connectivity beyond standard devices. These devices can communicate and interact over the internet, and can be remotely monitored and controlled. IoT devices run on network connections like Bluetooth, Wi-Fi, and Near-Field Communication (NFC). […]
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Are You Ready to Launch a Transformation? Take the Readiness Survey
Editor’s Note: The author, Dr. Robert H. Miles, is the world’s foremost expert on Corporate Transformation, having led 30+ of the most iconic Transformations, including Apple, General Electric, IBM Global Services, Symantec, National Semiconductor, Office Depot, PricewaterhouseCoopers, PGA Tour, among others. He also has a Flevy Executive Learning (FEL) program on Corporate Transformation (more info here). […]
Business Case for Diversity and Inclusion
Diversity and Inclusion are 2 interlocked ideas. However, they are anything, but interchangeable. Managing Diversity and Inclusion (D&I) involves actions beyond policies, programs, or headcounts. Diversity pertains to representation of races, ethnicities, and other minority groups in an entity or in other words the make-up of an organization. Inclusion represents the degree of value given […]
The New CEO’s Challenge: Readiness for Rapid Corporate Transformation
Editor’s Note: The author, Dr. Robert H. Miles, is the world’s foremost expert on Corporate Transformation, having led 30+ of the most iconic Transformations, including Apple, General Electric, IBM Global Services, Symantec, National Semiconductor, Office Depot, PricewaterhouseCoopers, PGA Tour, among others. He also has a Flevy Executive Learning (FEL) program on Corporate Transformation (more info […]
Scenario Planning in Crisis
Wars, downturns, calamities, pandemics, and other crises drive businesses into uncertain situations, low turnovers, stagnant growth, unemployment, and even insolvencies. These crises often arise uninformed. It is difficult to guide organizations through challenging circumstances and envisage the effects and severity of crises. Financial planners and CFOs, though, try to confront these situations, but at times […]
3 Key Elements of Performance-driven Culture
A strong, positive Organizational Culture fosters a good feeling in employees about their work and the work environment. Nourishing such a culture demands key behaviors to be keenly managed by looking for and recurrently strengthening Bedrock Behaviors. Bedrock Behaviors is a set of acts that has the influence to initiate a domino effect, altering other […]
3 Drivers for Implementing an Innovation Culture
Achieving the status of the Most Innovative Company of the Year is what most businesses aspire to. Innovation-centric research by Boston Consulting Group (BCG) in 2014—comprising of over 750 businesses in 17 different markets—brought to light some striking insights, in addition to rating the most innovative companies of the year. The organizations that grabbed top […]
Strategic Decision Making with Machine Learning (ML)
Automation has a profound role in improving Operational Excellence and Decision making. Organizations, these days, are increasingly using Machine Learning (ML) to improve the Strategic Decision making expertise of their leaders. Global research by MIT Sloan Management Review in collaboration with Google—involving 4,700 executives and a number of Key Informant Interviews—indicates that ML is gradually […]
Data Governance Strategy
Data Governance is imperative to create a data-centric, insight-driven organization. Governance is now high on senior leadership’s priorities owing to huge public uproar over data privacy, data disclosures instigating harm to enterprises’ reputation, and stringent regulations. This warrants adopting a careful Data Governance Strategy; since in the absence of one, the huge data being piled […]
Data Governance
Data Governance is a set of practices that outline the roles and accountabilities related to data and support the organization’s Business Model by generating and consuming data. It’s all about overseeing the accessibility, practicality, reliability and safety of enterprise data. Data Governance is guided by in-house data standards and guidelines to monitor data usage. The […]
Data Governance: Roles and Responsibilities
Data Governance is a set of practices that outline the roles and accountabilities related to data and support the organization’s Business Model by generating and consuming data. It’s all about overseeing the accessibility, practicality, reliability and safety of enterprise data. Data Governance is guided by in-house data standards and guidelines to monitor data usage. The […]
How Teamwork Affects the Success of Your Startup
Can one person build an empire without a team? Practice shows that it’s unlikely. In fact, every success story is closely related to a well-coordinated team. This means that everyone who strives for great achievements needs to create a trusted circle of people and make sure that they realize their potential to the fullest! Thus, […]