Jeffrey Phillips

JULY 11, 2023

For years now, we've heard of the importance of becoming a "data driven" organization. Being data-driven, we are told, means making decisions not based on gut instinct or what managers believe is true, but based on evidence, on hard data. This, it would seem, should be simple. After all, businesses have had robust IT systems and teams for years. The advent of ERP in the 1990s and beyond created sweeping systems that automated many sectors of the business.

Data 187

Data Company Policies System 187

Phil McKinney

JULY 11, 2023

Have you ever stopped to wonder how ready you are for the inevitable future of technological advancements? We live in unprecedented technological advances, and with these advances come disruptions that can significantly impact our lives and businesses. Technology is profoundly changing how we work and live, from automated manufacturing to artificial intelligence.

Disruption 80

Disruption Technology Artificial Inteligence Trends 80

Christensen Institute

JULY 11, 2023

In 2020, my wife and I bought a used 2017 Nissan Leaf (an all-electric vehicle) for her commute to work. We thought it was a practical choice, but we soon found our purchase had come with some serious limitations. First, the car had very limited range, meaning we had to restrict our trips to about a 30-mile radius from our house. Then, about a year into owning the car, an even worse issue came up that gave us major heart palpitations: the car would completely lose power and stall while climbing

Learning 75

Learning Study Examples Video 75

Harvard Business Review

JULY 11, 2023

Decades of business strategy have urged leaders to concentrate the bulk of their business efforts on the customer experience. While prioritizing customers over employees can drive short-term revenue growth, it will cost companies in long-term employee retention and engagement. The author and colleagues conducted a new study of thousands of employees and executives from around the world and across multiple industries.

Analysis 73

Analysis Study Engagement Industry 73

Speaker: Loreal Lynch, Everett Zufelt, and Michaela Weber

Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer. 🧐 💡 Getting checkout right can mark the difference between a successful sale and an abandoned cart, yet many businesses fail to make payments a part of their commerce strategy even when it has a direct impact on revenue.

Data

Innovation Excellence

JULY 11, 2023

GUEST POST from Robyn Bolton Creative and reactive both contain the same letters. Different order. Very different results. These are strange times. A relentless stream of news and updates are coming at us, warning us about COVID-19, a declining stock market, rising unemployment, and the financial crunch facing millions and millions of individuals and families.

Creativity 66

Creativity Marketing Design Thinking Change 66

Harvard Business Review

JULY 11, 2023

Plummeting flows of trade, capital, and people at the beginning of the Covid-19 pandemic prompted a wave of speculation about the end of globalization, and Russia’s invasion of Ukraine brought even more predictions of a retreat toward national self-sufficiency. But, according to research for the latest DHL Global Connectedness Index, international flows show no signs of a sustained downturn.

Data 72

Data Strategy Strategy Company 72

Harvard Business Review

JULY 11, 2023

Thanks to the increasing availability of AI, including machine learning algorithms, deliberately creating customer data feedback loops is now possible for most products and services. This means that as a firm gathers more customer data, it can feed that data into machine learning algorithms to improve its product or service, thereby attracting more customers, generating even more customer data.

Data 71

Data Artificial Inteligence Learning Creativity 71

Planview

JULY 11, 2023

The success or failure of every company and every individual within a company is the culmination of the decisions they make. ​​ Some of these decisions are strategic “bet the company” decisions – like which low-carbon technology to bet on to diversify their portfolios and meet emissions reductions goals, which country to build a data center in, or which drug line to invest in proving out over the next decade for future decade revenue realization.

Artificial Inteligence 52

Artificial Inteligence Generative AI Competition Culture 52

Qmarkets

JULY 11, 2023

By using principles of innovation portfolio management, organizations can structure and optimize their portfolios better over time. The three horizons model is one of the key models to provide this structure. It also helps to ensure your organization applies an innovation process that is tailored to your unique goals.

Ideation 40

Ideation Innovation Processes Management Innovation 40

Harvard Business Review

JULY 11, 2023

A conversation with leadership expert Adam Bryant on the recipe for success.

Leadership 43

Leadership Strategy Strategy Management 43

Speaker: Kevin Kai Wong, President of Emergent Energy Solutions

In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets.

Data