In the digital world, success requires turning your business model into a competitive advantage
Is your business model a competitive advantage or a competitive liability? In a recent McKinsey Global Survey of 2,190 companies, two thirds of those companies in pursuit of transforming their businesses said that they were “just treading water, taking no decisive action, and consequently achieving little or no success.”
In the digital world, success requires reducing your debt trifecta
How much are technical debt, process debt, and people debt costing your organization? CEOs and Boards are increasingly looking to digital technology as the primary source of new business growth and profitability. Increased corporate profits are directly related to a company’s ability to leverage digital capabilities and have resulted in margin and profit growth that is 2 to 3 times faster than industry averages.
In the digital world, asset deployment rather than asset ownership is the new source of competitive advantage
Historically, companies had the belief that owning and controlling their assets was the key to creating sustainable competitive advantage and building high barriers to entry into their markets and industries. However, in the new world of ever constant digital disruption, companies no longer…
In the digital world, investing into a market downturn leads to exponential returns – 2022
Most senior leaders find comfort in believing that in times of severe market downturns cutting costs and hunkering down is a prudent course of action. The trouble is the data supports the totally opposite course of action.
In the digital world, gamification is no longer just a game
Is gamification the new strategic imperative for sustainable business growth? For many people, gamification is associated with the enormous rise in the global game playing business including worldwide competitions…
In the digital world, it’s not about the perks it’s about the work
Are your best people working on things they are most passionate about? According to an earlier Korn Ferry survey, 33% of those changing jobs cited boredom and the need for new challenges as the top reason why they left.
In the digital world, next practices beat best practices
Are you creating the last best version of the old model or the first best version of the new model? Disruptive change not only increases stress, uncertainty, and risk but it also enables individuals to retreat to what they know rather than explore…
Masters of Business Podcast: Thinking Your Way to the Future
I felt privileged to be a guest on Steven Haines’s Masters of Business podcast and think his questions resulted in some very thoughtful insights and content. His focus on the importance of developing business acumen for leaders and their teams is a critical requirement for successful digital enterprises.
In the digital world, digitally savvy board members are mission critical assets
Are your board members digitial technology assets or liabilities? To successfully compete as a digital enterprise requires that the C-Suite leadership team and the board of directors are fully aligned and committed to the right digital strategy for the company and a game plan to implement. This is virtually impossible to do if the…
“Keeping Sight of Your Company’s Long-Term Vision” as published in the Harvard Business Review
By Ron Ashkenas and Peter D. Moore
