CEO Insights 2024: Cautious Strategies & Increased Investment in Growth
Francesco Marsella, Petter Kilefors, Maximilian Scherr, Ralf Baron, Satya Easwaran
In this Advisor, we explore two trends uncovered by ADL’s 2024 “CEO Insights” study: CEOs plan to continue existing growth strategies and are increasing their growth investments.
Leading in the Eye of the ESG Storm
Oana Branzei, Dusya Vera, Kimberley Young Milani
Oana Branzei, Dusya Vera, and Kimberley Young Milani take a deep dive into leadership in the eye of the “ESG storm.” The authors look at how today’s frames change tomorrow’s leaders and leadership, a critical aspect of the future of corporate responsibility. The stakes on leading responsibly have never been higher, they write, with leading business outlets warning companies about getting ESG “just right” while calling on leaders to “act purposefully.” How leaders solve this paradigm will change the future of corporate responsibility, say the authors. They then describe a framework that can help leaders see the future as the poly-activation of character dimensions and argue that as leaders activate a broader expanse of dimensions, including temperance, integrity, drive, and deep collaboration, their judgment becomes stronger, and additional futures open up. And as more character dimensions are exercised, the future’s leaders become more inclusive, collaborative, and sustainable — with or without the letters E, S, and G.
Accelerating Space Exploration: The Confluence of Tech & Commercialization
Curt Hall
Technological and economic developments are accelerating the exploration of the cosmos and leading to the formation of a next-generation space economy that promises to significantly impact life on Earth and in outer space. This Amplify Update examines commercial developments in conjunction with key trends in emerging technologies and how they are helping to accelerate space exploration.
AI in Space: Applications & Risks
Sylvester Kaczmarek
AI is increasingly being used for tasks in space like satellite repair, spacecraft maintenance, planetary-surface exploration, and data processing. However, there is a risk of system compromise, either through cyberattacks or internal failures. This Advisor explores AI-driven space systems and ways to mitigate the risks associated with them.
How Boards Can Develop Effective Climate Agendas
Cynthia Clark
In this Advisor, Cynthia E. Clarke delves into climate strategies for boards of directors, including avoiding greenwashing, staying up to speed on potential regulatory changes, reporting on the risks of transitioning to net zero, and having a dedicated team accountable for ESG reporting to ensure information accuracy.
GenAI: A Double-Edged Sword for Cybersecurity & Data Protection
Curt Hall
GenAI appears to be lowering the barrier to entry for developing sophisticated cyberattacks and scams. However, the technology also offers solutions to help meet the threats imposed by hackers, cybercriminals, and state actors. This Advisor examines the evolving GenAI threat and solution landscape.
Activating Transcendence & Drive to Lead DEI Efforts
Natacha Prudent, Mary Crossan
DEI has evolved from “nice to have” to a mission-critical component ensuring an organization’s progress and competitiveness in the global market. The questions in this Advisor serve as a guide to activate transcendence and drive, which are important character traits for leading DEI efforts.
FSC’s Blockchain-Based Supply Chain: Lessons Learned & Future Features
Michael Marus, Curt Hall
Cutter Expert Curt Hall recently spoke with Michael Marus, CIO of the Forest Stewardship Council (FSC). FSC has been testing and applying blockchain since 2021 to enable sustainability with forest-based materials and has found that blockchain’s traceability helps it achieve integrity and credibility for its certification system. This Advisor presents an excerpt from that interview.
CEO Insights 2024: Leaders Optimistic About the Future, Predict Positive Growth
Francesco Marsella, Petter Kilefors, Maximilian Scherr, Ralf Baron, Satya Easwaran
In this Advisor, we explore findings from ADL’s 2024 “CEO Insights” study, including the first trend uncovered by research: CEOs are positive about the medium-term economic outlook and confident about future company growth.
Digital Experience Management Rising: Practice, Issues & Platforms
Curt Hall
This Advisor explores the rise of digital experience management (DXM). When implemented successfully, DXM can facilitate better engagement with existing customers, assist in acquiring new customers, and help differentiate a brand from its competition.
What Is Character & Why Does It Matter in Leadership?
Kimberley Young Milani
This Advisor delineates how character is defined and positioned within a leadership context. Based on extensive research conducted by the Ian O. Ihnatowycz Institute for Leadership, character can be understood through two foundational frameworks: the Effective Leader framework and the Ivey Leader Character Framework (ILCF).
Case Study: A Nuclear Power Plant Digital Twin
Jason Radel
This Advisor examines a digital twin framework that was used to create, adjust, and deploy a digital twin of a nuclear power plant in the Middle East.
Reframing Responsible Decision-Making
Kanina Blanchard
The course “Leading Responsibly” at the Ivey Business School in Canada teaches individuals to become more responsible by helping them unpack their lived experiences. This Advisor offers key insights gleaned from the course.
STAR: Shining Light on Space Supply Chain Risk
Ronald Birk, Lori Gordon, Eleanor Mitch
Ronald Birk, Lori W. Gordon, and Eleanor Mitch outline the factors behind the need for a system that dynamically updates space supply chain information. Along with higher demand, there is competition among sectors, such as medical device and auto makers, for certain commodities and many rare-earth elements. The authors propose a distributed ledger technology (DLT) system called “Space supply chain Topology for Assessing Risk (STAR)” that would create a nexus for all stakeholders in the space supply chain community. STAR would include trusted partnerships via information-sharing agreements, information wells that let partners leverage an array of structured and unstructured data, a network of cloud-based platforms that enable secure processing of data among partners across the space enterprise, data integrity via DLT, and assessments of priority items to discover weak areas in space supply chains. The article describes the four key risks STAR would identify and calls for community dialogue about a space enterprise solution that “shines a light on dynamically evolving risks.”
Cybersecurity Challenges in Space Exploration
Sylvester Kaczmarek
Sylvester Kaczmarek dives into the cybersecurity issues threatening current and future space exploration. In addition to bad actors who have targeted satellites by jamming, spoofing, and data hijacking, there’s the potential for spacecraft life-support, navigation, and propulsion systems to be hacked. Breaches that threaten communications between ground stations and their space assets are also possible, as is interference with the data streams that flow constantly between satellites and public and private entities. Kaczmarek advises a number of strategies for mitigating space-related cyber threats, including AI models that anticipate and prevent attacks before they occur, encryption methods resistant to quantum attacks, and international cooperation to harmonize regulations across countries.
3D Printing & the Future of Space Exploration
Curt Hall
Curt Hall takes a look at the role 3D printing can have in space exploration. From Earth-based manufacturing of spacecraft parts to tools like wrenches on the International Space Station and metal parts during a Mars mission, space could be 3D printing’s killer app. Hall discusses a large number of technologies in development, including the ability to convert plastic waste from previously printed parts into feedstock that can be used to create new tools and parts. Similarly, there are projects underway to see if the Moon’s regolith can be used to construct the (literal) building blocks for a moon base. Printing food, medicine, and even replacement organs for long-haul space missions is also being explored using bioprinting, a technology that could come full circle to provide tissue-based patches for the outside of damaged hearts here on Earth.
The Tragedy of the Commons in Orbital Space: Toward a Circular Economy
Moriba Jah
Moriba K. Jah points to a growing concern over mankind’s ability to use orbital space for long-term benefit. Orbital space is not infinite; yet several companies are planning large-scale satellite launches in the next few years. When added to operating and abandoned satellites (and other space debris) in geostationary orbit (GEO), and low Earth orbit (LEO) orbits, there’s the potential for “a tragedy of the commons.” Jah proposes a solution guided by the tenets of traditional ecological knowledge, including recognizing space as a dynamic ecosystem in which changes in one part can impact the whole, designing satellites and spacecraft for longevity/reusability, and promoting a greater sense of accountability among spacefaring nations and commercial entities. Shifting from a linear space economy to a circular one, says Jah, would not only prevent orbital ecocide, but it would also preserve the final frontier as a resource and habitat for future generations.
Beyond Orbiting: Toward a Sustainable Space Economy — Opening Statement
Matteo Ainardi, Guillaume Storck
Although government investment still makes up the bulk of space-related funding, a combination of three main factors has resulted in a foundational evolution of the industry, often referred to as “New Space.” New Space has generated an unprecedented rise in the number of space players, rocket launches, spacecraft in orbit, and volume of space-generated data. This issue of Amplify explores the key challenges that the space industry faces in its journey toward long-term sustainable growth and value creation.
Assessing the Potential of Lunar Resource Utilization
Matteo Ainardi, Arnaud Siraudin, Guillaume Storck
Matteo Ainardi, Arnaud Siraudin, and Guillaume Storck present a way for businesses to envision future space ecosystems and their associated value chains. A recent study, conducted by the EURO2MOON association (including Arthur D. Little), endeavored to understand demand drivers, value chains, and areas of uncertainty around lunar resource use. Propellant production was used as an illustration — the reaction engines needed to power vehicles on the lunar surface and traveling to/from Earth (and beyond) will need propellants. The study examined both the supply side and the demand side, developed scenarios of a future ecosystem, proposed a likely value chain, outlined use cases, and estimated those use cases’ likely ranges of demand. Beyond giving a peek into lunar opportunities, the article can help businesses considering lunar-economy investment better understand how to account for inherent high levels of uncertainty.
Decoding Space Waste: Awareness, Concern, Action
Victor Heaulme
Victor Heaulme takes a look at the space waste problem through a technology lens. He notes that the Kessler Syndrome (i.e., orbit overpopulation leading to object/satellite collisions that greatly affect space access) is becoming increasingly possible. Along with policy making, Heaulme describes technologies for more accurate tracking of space objects of all sizes, monitoring software that automates collision warnings, and technology that remotely removes objects in orbit. These include two systems that cause decaying orbits, one that uses a specialized satellite to push space objects and one that moves objects into a different orbit from Earth.
Immersive Commerce: How Retailers Are Using AR/VR, GenAI & Digital Twins
Curt Hall
In this Advisor, Cutter Expert Curt Hall examines how retailers like Walmart, Wayfair, and Savage X Fenty are using GenAI, AR, VR, computer vision, digital twins, and social collaboration to improve the shopping experience.
To Avoid Unethical Decisions, Be Aware of Sneaky Cognitive Biases
Barbara Carlin
In this Advisor, Barbara A. Carlin delves into sneaky problems commonly faced by leaders. These problems are sneaky because cognitive biases that creep into our decision-making cause us to overlook their ethical implications. The biases detected in the decision-making problems illustrated here include nonmonetary transactions, the framing effect, and ill-conceived goals.
The Strategic CIO: Unlocking the Value of Cloud Computing
Myles Suer
The cloud has revolutionized the way businesses operate, offering unprecedented agility, innovation, and resilience. In this Advisor, Myles Suer stresses that the key to leveraging cloud investments isn't solely in cost-cutting but in enhancing the ROI by accelerating business outcomes and value delivery.
Preparing Agile-Adaptive Leaders of the Future
Jim Highsmith
Leaders who demonstrate agility may be the cornerstone of our future — be it for a team, a company, or a nonprofit organization. In this Advisor, Cutter Fellow Emeritus Jim Highsmith offers some advice for preparing these agile-adaptive leaders.
Agile-Adaptive Voices from the C-Suite: Jeff Smith, Former IBM & Suncorp CIO
Jim Highsmith
Jeff Smith dreamed of making an Agile culture something you could learn, practice, measure, and improve. In this Amplify Update, the second in a series, we follow Smith as he moves from Suncorp to IBM and then World Kinect, defying conventional wisdom to lead these companies on a digital transforming journey. Even as Smith communicated the journey’s purpose simply and clearly, mandated culture change, radically reformed the middle management layer, and modernized delivery, he never forgot the importance of balancing performance with people.