In the digital world, AI is driving the democratization of innovation
AI could potentially add $13 trillion to global economic activity by 2030, representing a 16% increase in cumulative GDP, according to Prysmian.
Entries by Durjoy Das
In the digital world, AI governance is not an obligation, it’s a competitive differentiation
The scope and speed of new AI developments including GenAI and Agentic AI is far outpacing the AI governance tools necessary to deploy it safely and securely while still maximizing the business value returns from its successful deployment.
In the digital world, you have to balance the art of the possible with the demands of the practical
The unprecedented acceleration of disruption to legacy systems and processes from AI, GenAI, and Agentic AI has forced C-Suite leaders across all industries to make a series of trade-off decisions. What percentage of the company’s scarce resources and budgets should go to stabilizing and securing its systems of record vs. building and deploying its new systems of engagement and systems of intelligence?
In the digital world, decision making clarity and cadence are mission critical success factors
The speed and complexity of change from disruptive technologies puts an even greater pressure on the need to change the decision-making clarity and cadence of your company. The risks of taking too long to make a decision in many cases outweigh the risk of making the wrong decision, especially if you can learn from it and quickly make a new and better decision.
In the digital world, Fire-Aim-Ready is not a winning strategy for GenAI
In my monthly blog from last February, I highlighted the gold rush mentality of companies spending on GenAI because of a fear of missing out (FOMO) on this new wave of disruptive digital technology. Three years later, the results have shown that over 85% of those investments have yielded little or no return:
In the digital world, to compete successfully as a digital enterprise requires transformational leadership
In a recent McKinsey Global Survey of 2,190 companies, two thirds of those companies in pursuit of transforming their businesses into digital enterprises said that they were “just treading water, taking no decisive action, and consequently achieving little or no success.”
In the digital world, MVE is the best route to ROI
IDC’s Worldwide C-Suite Survey 2023-2024 showed that over half of C-Suite executives say that GenAI is a top investment priority for their company. An EY study published in July found 95% of senior executives saying their organizations were currently investing in AI.
In the digital world, success is about having the right business growth performance metrics
In a recent McKinsey Global Survey of 2,190 companies, two thirds of those companies in pursuit of transforming their businesses into digital enterprises said that they were “just treading water, taking no decisive action, and consequently achieving little or no success.”
In the digital world, you either innovate or stagnate
According to Harvard Business Review, researchers estimate that 70–90% of innovation projects fail. This includes new product innovations and business innovations that aim to change an existing market.
In the digital world, the scarce commodity is attention
Attention is one of the scarcest and most valuable resources in the 24/7 connected digital world. Individual employees have unlimited access to a wealth of information both personal and business related anytime, anywhere, on any device. The challenge is that these individuals only have limited time and a limited attention span to consume, process, and focus this wealth of information in service to the successful performance of your company.
