Imagine you are CEO of a company that has been growing steadily for decades. You have always pivoted for economic and market shifts, and you have a deep knowledge of your operations, suppliers, and business model. But along come digital technologies, and everything changes. How do you avoid the fate of other CEOs who have…
CIOs are critical to success at organizational modernization and transformation. However, before CIOs become what Deloitte labeled “business co-creators” or “change instigators,” CIOs must first become strategic. What is involved in doing so? I asked the weekly #CIOChat group for their insights. What percentage of a CIOs time should be invested in strategy discussions? As…
A life sciences company needed a new project lifecycle management system for the maintenance of one of its products. It seemed important to involve all stakeholders, so a cross-functional steering committee was formed. It included the top leaders from IT, engineering, quality, and operations. All four functions had equal ownership of the project. These four…
A poll from Gallup for the Business-Higher Education Forum shows that by 2021, 69 percent of employers expect to give preference to candidates with data science and analytics skills. However, the same report also revealed that only 23 percent of colleges and universities expect to graduate students with those skills in the next few years.…
It is a great time to be an entrepreneur. The Internet of Things (IoT) revolution has spawned an infinite number of opportunities for innovative self-starters. The tools available to help entrepreneurs create new and amazing IoT devices and services are ubiquitous. Your imagination and a basic sense of business are really the only limits. The…
Anheuser-Busch InBev, the $60 billion brewer of Budweiser, Corona and more than 500 beer brands, had a data problem when Harinder Singh joined the company as global director of data strategy and solution architecture in 2017. Thanks to acquisitions of more than a dozen brands over the past several years, AB InBev had accumulated a…
Treachery, deceit, political intrigue, power struggles — these are some of the enduring themes of Game of Thrones, but for many of us it’s just another day at the office. The characters and situations depicted in HBO’s epic series are not entirely unlike those you encounter at work every day, save for the armor, swords,…
Edge computing is not new, but its applications for business have rapidly evolved over the past decade. I initially implemented an edge solution for ACI Specialty Benefits back in 2010 because we were collecting petabytes of wearable and biometric data. The delivery, processing, and storage of this data became too expensive and latent to ship…
April is Workplace Violence Awareness Month, and while recent events like the massacre of Muslims in New Zealand and the synagogue attack in Pittsburgh took place in houses of worship, these events are part of a larger climate of hatred, discrimination, intolerance, and violence on the rise worldwide. The U.S. alone saw a 57% increase in…
The idea is this: get a group of experts on a team, then offer their knowledge to customers and prospects as a value-added service. It’s influencer marketing writ large and it can burnish your brand. What could possibly go wrong? Plenty, as it turns out. Having managed several such teams, I am now helping two…