Business Transformation Requires Transformational Leaders
Leadership and teaming skills are front and center in times of rapid change. Meet today’s constant disruption head on with expert guidance in leadership, business strategy, transformation, and innovation. Whether the disruption du jour is a digitally-driven upending of traditional business models, the pandemic-driven end to business as usual, or the change-driven challenge of staffing that meets your transformation plans — you’ll be prepared with cutting edge techniques and expert knowledge that enable strategic leadership.
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Insight
In a world where change and threat come from all sides, from familiar competitors and directions as well as from left field, it behooves all of us to consider how to fend off competitive or substitute threats arising from disruptive technology innovations. While beating disruptive technology threats is very difficult for "incumbents," it is not impossible. In this article, I present three design patterns that incumbents have used to advantage in the past, together with some tips for succeeding with each of them.
HOW DISRUPTION HAPPENS
Traditionally, of all industry sectors, the high-tech community has paid the most attention to the theory of disruptive innovation and how it might affect their product strategies. Disruptive innovation was originally described by Clayton Christensen in The Innovator's Dilemma1 as a way to understand patterns of failing companies.
NEW TECH-SAVVY MANAGERS
The modern workplace seems forever under siege from a triumvirate of disruptive forces. Some disruptions come from new processes, some from new devices, and others from complex social interactions produced by "new technology." We will focus on the last of these, which we associate mostly with "Generation Y" (broadly those born between 1975 and 1995) as they are now rising through and affecting all levels of the organization, including management.
IT'S ALL ABOUT INNOVATION
Years ago, Fred Tuffile, an entrepreneurship professor at Bentley University and founder of several successful companies, told his class that the biggest advantage a new enterprise has over an established businesses is a blank piece of paper. It might not have any customers or money, but it does have a fresh start, some untested ideas (good or bad), and most importantly, a strong capacity for flexibility, new technology, and innovation.
Abstract
This Executive Report examines current research by my colleagues and I regarding the outsourcing and innovation practices of 26
The phenomenal growth of digital data over the past several decades, known today as Big Data, has created a range of issues and opportunities. In the earliest days, accessible data consisted of alphanumeric records and simple text. These could be organized, managed, and stored with relative ease.
