Building Innovative Business Models With Disruptive Technologies
In the past decade, more than 40% of the Fortune 500 list has been replaced by new companies and upstarts. The pace of change has hastened and organizations must innovate. Disruptive technologies play a role in the incremental innovation required to survive. Many of these new business models will require organizations to apply design thinking on the customer, partner, employee, and supplier journey for success.
People to People (P2P): The New Laws of Business
Ignore the shift to P2P at the risk of your company–and potentially your career. Why? A seismic shift has occurred. The constructs of B2B and B2C have changed to People to People (P2P). P2P relationships and networks are explicit, visible, and highly utilized. As more and more people interact this way, organization will be forced to deal with a whole new set of external and internal realities. Employees, suppliers, and partners now rely more on their networks to amplify their voices and influence each other than with the companies they conduct business with. The rules of business have changed. It’s about serving P2P. The 10 new laws of business reveals the realities in play today that will help companies and their management teams succeed with a holistic and pragmatic approach.
Harnessing Innovation in a Downturn to Create a Sustainable Advantage
Organizations face an onslaught of competing priorities that include growing the business, cutting costs, complying to regulations, and fostering innovation. Because most organizations lack the resources in good times let alone in today's economic climate to meet such requirements, innovation is often prioritized as a luxury and accordingly relegated. In fact, most organizations devote more than 3/4's of their budget to keeping the lights on. So how can organizations innovate and differentiate in such an environment? The good news—disruptive technologies have transformed how leading organizations respond to massive changes in macro economic conditions, workplace dynamics, business models, and technology adoption. The bad news—the pace of change continues to accelerate to the point where the rate of obsolescence outpaces the pace of change. Now is the time to make the investments that will pay off during a recovery. But investment in innovation does not come in spurts. It’s a disciplined and dedicated approach over time that creates success. While it may hurt now, it must equally be invested in good times to have an impact. Gain practical approaches as Ray shares the most promising disruptive technologies, shows how these technologies have helped other organizations create competitive advantage, and provides a strategy on how to harness innovation in a downturn to differentiate.
What's the Role of the Next Generation CIO?
Less than 5 years ago, the mighty CIO controlled his or her organization’s destiny by shepherding multi-million dollar projects and ruling with a fist. Business leaders had to pay homage to the IT team and they hated it. The economic crisis, advent of the cloud and SaaS, and the massive number of IT failures have rapidly changed the role of the CIO. Saddled with the burden of maintaining legacy projects and faced with a shortage in budget and resources, businesses now move around the IT team as they must meet a flurry of business requirements. CIO’s have lost a lot of control in guiding how technology is used in the enterprise because the world of consumer tech has out innovated enterprise class technologies. What's the role of the CIO in this next gen enterprise? Learn the key skill sets needed to re-earn a seat at the business table. See how next generation CIO's can help organizations navigate complexity while realizing the benefits of a solid business technology strategy.
Ready for the Cloud and SaaS?
The proliferation of SaaS solutions provides organizations with a myriad of sorely needed point and disruptive solutions. Good news— business users can rapidly procure and deploy, while innovating with minimal budget and IT team constraints. Bad news—users must depend more on their SLA guarantees and deal with a potential integration nightmare of hundreds if not thousands of potential SaaS apps. Though the 7 key benefits of SaaS outweigh most downside risks, organizations must design their SaaS apps strategies with the same rigor as any apps strategy. Just because deployment options have changed, this does not mean basic apps strategy is thrown out the window. Concepts such as SOA, business process orchestration, and enterprise architecture will be more important than ever. Discover how to put 10 practical SaaS/Cloud strategies to work.