Digital technologies are opening new avenues for companies to disrupt competitors and markets. The prior post outlined three dimensions of disruption: access, enterprise economics and performance. This post focused on performance as a dimension of digital disruption. Performance can be defined along a range of dimensions from price/performance, or technical measures, to operational and financial metrics among others. Performance is relative as specific measures are often tailored to a specific product, service or industry.read more
Ohio’s efforts to build a “knowledge economy” have ranged from creating more pools of venture capital to streamlining the transfer of academic research from the lab to the marketplace.
However, the Buckeye State’s most ambitious economic growth strategy involves building a high-speed electronic data network that can serve researchers, businesses and communities alike.read more
At the top of every organization is the boss, the man or woman who has the ultimate responsibility for making decisions, setting directions, and making sure the job gets done right. The position comes with perks and pressures. And while many may yearn to have the word “chief” in their title, not everybody is cut out for such a challenge.read more
Ignore what motivates people in their jobs and they’ll eventually leave. Our IT Salary Survey provides data you can use to cultivate your top performers.
Two out of every five IT pros are looking for a new job, our 2012 U.S. IT Salary Survey data shows. Are you counting on high unemployment, or maybe that rickety foosball table in the lunchroom, to keep your best people from leaving?
Despite the hype and hopes surrounding the use of predictive analytics, a relatively small number of enterprises consider it a critical element of their business intelligence (BI) strategies today, new research shows.
Only 13% of businesses say they use predictive analytics, ranking it dead last among a group of 10 BI capabilities, well behind spreadsheets (60% of businesses), BI (49%), analytics databases (41%) and custom-built systems (34%).read more
With increasing pressure for accurate, real-time operational information and an expansion of regulations calling for greater visibility and transparency, executives are looking for ways to transform their back-office operations to lower costs, reduce errors, and improve cycle time. Back-office operations can be categorized into three fundamental types of processes: Core processes, management processes and governance processes.read more
It’s either a step toward democratizing investment or an invitation to fraud. Take your pick.
“Crowdfunding,” a Web-powered money-raising technique pioneered by charities and arts projects, is moving into the world of business. It soon will emerge as a potential vehicle to finance small firms, a prospect that interests people such as Juli Kaufmann, one of the founders of Fund Milwaukee, a recently organized group seeking to improve the community through local investment.read more
Even when his audience isn’t made up of scientists or engineers, David Krakauer usually gets an opening laugh when he warns his after-dinner chat is about the laws of thermodynamics.
The funniest thing is – he’s kidding only in part. By the time Krakauer is finished talking, those who have listened can feel the heat.read more
Digital technologies are opening new avenues for companies to disrupt competitors and markets. The prior post outlined three dimensions of disruption: access, enterprise economics and performance. This post focused on performance as a dimension of digital disruption. Theses posts reflect my personal thinking about how digital technology will evolve the nature of competition and value realization.read more
St. Mary’s Hospital, a 440-bed acute care facility in Madison, Wis., is using an audience response system to help make training more interactive and to help ease the annual budgeting process.
Steve King, organizational development manager at St. Mary’s Hospital, says the facility adopted Youngstown, Ohio-based Turning Technologies’ TurningPoint audience response system two years ago to make training presentations more interesting to the staff.read more
Last week, in light of the Flashback threat, I offered my assessment of the historic rise in Mac malware and how its prevalence amounts to a wake-up call for Mac users. The gist of my post was that the Mac is a victim of its own success. The bigger the market share, the bigger the target — and the Mac is not immune to exploits.read more
“Situation” is a powerful lens for identifying business model innovation opportunities and protecting whatever market space you now command. “Situational segmentation” recognizes that any one customer’s needs – for a restaurant for example – depend on the circumstances giving rise to the need – entertaining, date-night, shopping with a friend. You can disrupt a leader or protect your position by finding situations where existing offerings fail to address situational needs.read more
The lights dimmed. The crowd hushed. The teleprompters flickered.
Kazuo Hirai stepped up and flashed a winning smile: it was show time. The scene was oddly upbeat inside the Sony Corporation last Thursday as Mr. Hirai, the company’s new chief executive, faced the cameras. He outlined a strategy that, he vowed, would return the troubled electronics giant to profit.read more