While AI’s impact on the workforce is clearly top-of-mind for most organizations, executives have many additional questions which need to be addressed to clarify the impact of the technology on their business models, processes, products and services – and their market and competitive position under different AI adoption scenarios. The exact question set varies by…
Last year, my predictions for digital transformation were focused on the core DNA that organizations needed to put into place to achieve world-leading performance and results in digital transformation. In addition to perennial themes such as leadership, people and cultural competencies, these new strategic themes for digital transformation included disruptive technologies, platform business models, digital…
Platform business models allow enterprises to set up powerful industry-focused, cloud-based ecosystems for value exchange and innovation among participants. After their initial debut in the tech sector, they’re now appearing across almost all industry verticals, including finance, healthcare, manufacturing, public sector, telecom, transportation and utilities. In “Platform business models: A primer”, I wrote about how…
What started as a role close to that of the CMO has now evolved into something far-more expansive – reaching into corporate strategy, innovation, technology and operations. With many organizations now three to five years into their digital transformation strategies, the role of the Chief Digital Officer (CDO) has been rapidly evolving and maturing alongside.…