Business Transformation Requires Transformational Leaders

As we pointed out in Part I of this two-part Executive Report series, some may argue that IT's capacity to contribute to business competitiveness has faded, but we suggest instead that it has evolved and expanded, maturing and changing within a subset of companies that have effectively managed to use IT in various ways. However, it's important to note that not all companies achieve equal success with their mature approaches to IT-based capability and value creation.

BANKING OPPORTUNITIES IN A GLOBAL ECONOMY

Every year, millions of migrant workers leave their homes, searching for work and career advancement.

The ubiquitous and ever-changing technologies emerging in today's enterprise environment (cloud, social media, mobile devices, etc.) require a new perspective on enterprise security architecture (ESA). Effective enterprise risk management in this highly complex, heterogeneous, and seemingly "boundary-less" environment rests on the three pillars of information security in practice (see Figure 1):

1. Identity management

2. Security policy compliance

3. Cyber security architecture as defense

On that long list of venerable institutions primed for a high-tech overhaul, higher education is near the top. Its shortcomings are much discussed: universities are expensive, inaccessible, inflexible, and out of touch with the needs of students and the world economy.

"Lingua franca" is common working language. It is used to bridge gaps in cultures, in organizations, and between individuals. The key is that it's "common." Thus, any discussion about your own lingua franca might seem oxymoronic. It's not.

When you begin preparing any substantial type of communication whether verbal (i.e., presentation) or written (i.e., detailed email,) you likely start by thinking about content: what you want to say.

In my last Advisor ("Reflections on Innovation — Part V: Words, Words, Words"), I suggested that you read Ian McGilchrist's book The Master and His Emissary, where McGilchri

Companies have used Hadoop mainly to process high volumes of unstructured data for Internet operations.