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The Future of Competitive Strategy

The Future of Competitive Strategy
Author: Mohan Subramaniam
Publisher: MIT Press
Total Pages: 314
Release: 2022-08-16
Genre: Business & Economics
ISBN: 0262046997
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How legacy firms can combine their traditional strengths with the power of data and digital ecosystems to forge a new competitive strategy for the digital era. How can legacy firms remain relevant in the digital era? In The Future of Competitive Strategy, strategic management expert Mohan Subramaniam explains how firms can leverage both their traditional strengths and the modern-day power of data and digital ecosystems to forge a new competitive strategy. Drawing on the experiences of a range of companies, including Caterpillar, Sleep Number, and Whirlpool, he explains how firms can benefit from data’s enlarged role in modern business, develop digital ecosystems tailored to their unique business needs, and use new frameworks to harness the power of data for competitive advantage. Subramaniam presents digital ecosystems as a combination of production and consumption ecosystems, which can be used by legacy firms to unlock the value of data at various levels—from improving operational efficiencies to creating new data-driven services and transforming traditional products into digital platforms. He explores the ways sensors and the Internet of Things provide new kinds of customer data; presents the concept of digital competitors—other firms that have access to similar data; discusses the new digital capabilities that firms need to develop; and addresses privacy and security issues associated with data sharing. Who needs this book? Any firm that wants to revitalize traditional business models, offer a richer customer experience, and expand its competitive arena into new digital ecosystems.

Competing in a Digital Future

Competing in a Digital Future
Author: Johann Botha
Publisher: Agile ADapT
Total Pages: 0
Release: 2022-07-27
Genre:
ISBN: 9780639715643
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SECOND EDITION Competing in a digital future describes an innovation-driven, digital transformation and business agility method for industrial age organizations. The intended audience for the book is business leaders who need to drive the transformation and managers and technical experts who will make transforming the business a reality. The book outlines a simple process that any organization can use to see rapid results, fully becoming a corporate citizen of the digital age and seeing a boost in revenue and profitability while building a long-term sustainable business. The transformational; method is called Agile Digital Transformation, or ADapT for short. ADapT describes three phases of a transformation effort, each consisting of three steps. The nine-step approach is used iteratively, and once one cycle completes, the next begins. The main is that "you never have to re-organize or right-size again; instead, continually evolve and be a better and more appropriate version of the organization tomorrow." Well-known IT and digital strategist and best-selling author David Cannon, calls the book "profoundly relevant and timely." David had the following to say about the author. "Johann has a unique talent for taking a vast amount of information from all kinds of places and turning it into something straightforward that cuts through all the noise and provide a clear, simple direction. Having said that, there's nothing simple about Johann's work. His work is rigorous, and it is based on a vast reservoir of knowledge and experience. He uses his network to learn as much as he can from each of us, he reads more than anyone I know, but his gift is in crystallizing all of that into providing guidance that is unique, clear, and useful." In "Competing in a digital future," you will learn about; Devising a digital strategy for your organization How you can identify and prioritize innovations in your business that will have the best and most immediate impact How to make innovation work for you, How you can streamline your business model How to execute with maximum agility at scale, and How to keep your organization competitive and relevant You don't need technical skills to read or use the guidance in the book; anyone can leverage the lessons in the book almost immediately.

Beyond Digital

Beyond Digital
Author: Paul Leinwand
Publisher: Harvard Business Press
Total Pages: 142
Release: 2022-01-04
Genre: Business & Economics
ISBN: 1647822335
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Two world-renowned strategists detail the seven leadership imperatives for transforming companies in the new digital era. Digital transformation is critical. But winning in today's world requires more than digitization. It requires understanding that the nature of competitive advantage has shifted—and that being digital is not enough. In Beyond Digital, Paul Leinwand and Matt Mani from Strategy&, PwC's global strategy consulting business, take readers inside twelve companies and how they have navigated through this monumental shift: from Philips's reinvention from a broad conglomerate to a focused health technology player, to Cleveland Clinic's engagement with its broader ecosystem to improve and expand its leading patient care to more locations around the world, to Microsoft's overhaul of its global commercial business to drive customer outcomes. Other case studies include Adobe, Citigroup, Eli Lilly, Hitachi, Honeywell, Inditex, Komatsu, STC Pay, and Titan. Building on a major new body of research, the authors identify the seven imperatives that leaders must follow as the digital age continues to evolve: Reimagine your company's place in the world Embrace and create value via ecosystems Build a system of privileged insights with your customers Make your organization outcome-oriented Invert the focus of your leadership team Reinvent the social contract with your people Disrupt your own leadership approach Together, these seven imperatives comprise a playbook for how leaders can define a bolder purpose and transform their organizations.

The Business of Platforms

The Business of Platforms
Author: Michael A. Cusumano
Publisher: HarperCollins
Total Pages: 320
Release: 2019-05-07
Genre: Business & Economics
ISBN: 0062896334
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A trio of experts on high-tech business strategy and innovation reveal the principles that have made platform businesses the most valuable firms in the world and the first trillion-dollar companies. Managers and entrepreneurs in the digital era must learn to live in two worlds—the conventional economy and the platform economy. Platforms that operate for business purposes usually exist at the level of an industry or ecosystem, bringing together individuals and organizations so they can innovate and interact in ways not otherwise possible. Platforms create economic value far beyond what we see in conventional companies. The Business of Platforms is an invaluable, in-depth look at platform strategy and digital innovation. Cusumano, Gawer, and Yoffie address how a small number of companies have come to exert extraordinary influence over every dimension of our personal, professional, and political lives. They explain how these new entities differ from the powerful corporations of the past. They also question whether there are limits to the market dominance and expansion of these digital juggernauts. Finally, they discuss the role governments should play in rethinking data privacy laws, antitrust, and other regulations that could reign in abuses from these powerful businesses. Their goal is to help managers and entrepreneurs build platform businesses that can stand the test of time and win their share of battles with both digital and conventional competitors. As experts who have studied and worked with these firms for some thirty years, this book is the most authoritative and timely investigation yet of the powerful economic and technological forces that make platform businesses, from Amazon and Apple to Microsoft, Facebook, and Google—all dominant players in shaping the global economy, the future of work, and the political world we now face.

The Digital Future of Museums

The Digital Future of Museums
Author: Keir Winesmith
Publisher: Routledge
Total Pages: 220
Release: 2020-02-19
Genre: Technology & Engineering
ISBN: 0429958307
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The Digital Future of Museums: Conversations and Provocations argues that museums today can neither ignore the importance of digital technologies when engaging their communities, nor fail to address the broader social, economic and cultural changes that shape their digital offerings. Through moderated conversations with respected and inf luential museum practitioners, thinkers and experts in related fields, this book explores the role of digital technology in contemporary museum practice within Europe, the U.S., Australasia and Asia. It offers provocations and reflections about effective practice that will help prepare today’s museums for tomorrow, culminating in a set of competing possible visions for the future of the museum sector. The Digital Future of Museums is essential reading for museum studies students and those who teach or write about the museum sector. It will also be of interest to those who work in, for, and with museums, as well as practitioners working in galleries, archives and libraries.

Creating the Digital Future

Creating the Digital Future
Author: Albert Yu
Publisher:
Total Pages: 232
Release: 1998
Genre: Business & Economics
ISBN:
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Albert Yu, reveals how one of the world's most admired high technology companies (Fortune) invented nine hugely successful generations of microprocessors to become the undisputed trailblazer in the advance of silicon technology. He describes how exchanges among customers, marketers, and engineers generate sparks that spawn great products and how often furious differences of opinion are resolved through "constructive confrontation." Above all, Yu demontrates how Intel has prevailed by learning from costly mistakes in fierce, take-no-prisoners competition with Motorola and Sun for strategic supremacy of the high-technology world. The most daunting prospect facing every computer company is not failure but success; how to continually raise the bar of achievement and outdo themselves. This book explains how to raise that bar, and how to get this mentality built into the corporate culture.

Competing for the Future

Competing for the Future
Author: Henry Kressel
Publisher:
Total Pages: 399
Release: 2007
Genre: Digital electronics
ISBN: 9780511285752
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Competing in the Age of AI

Competing in the Age of AI
Author: Marco Iansiti
Publisher: Harvard Business Press
Total Pages: 175
Release: 2020-01-07
Genre: Business & Economics
ISBN: 1633697630
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"a provocative new book" — The New York Times AI-centric organizations exhibit a new operating architecture, redefining how they create, capture, share, and deliver value. Now with a new preface that explores how the coronavirus crisis compelled organizations such as Massachusetts General Hospital, Verizon, and IKEA to transform themselves with remarkable speed, Marco Iansiti and Karim R. Lakhani show how reinventing the firm around data, analytics, and AI removes traditional constraints on scale, scope, and learning that have restricted business growth for hundreds of years. From Airbnb to Ant Financial, Microsoft to Amazon, research shows how AI-driven processes are vastly more scalable than traditional processes, allow massive scope increase, enabling companies to straddle industry boundaries, and create powerful opportunities for learning—to drive ever more accurate, complex, and sophisticated predictions. When traditional operating constraints are removed, strategy becomes a whole new game, one whose rules and likely outcomes this book will make clear. Iansiti and Lakhani: Present a framework for rethinking business and operating models Explain how "collisions" between AI-driven/digital and traditional/analog firms are reshaping competition, altering the structure of our economy, and forcing traditional companies to rearchitect their operating models Explain the opportunities and risks created by digital firms Describe the new challenges and responsibilities for the leaders of both digital and traditional firms Packed with examples—including many from the most powerful and innovative global, AI-driven competitors—and based on research in hundreds of firms across many sectors, this is your essential guide for rethinking how your firm competes and operates in the era of AI.

Competition, Data and Privacy in the Digital Economy

Competition, Data and Privacy in the Digital Economy
Author: Maria Wasastjerna
Publisher: Kluwer Law International B.V.
Total Pages: 416
Release: 2020-07-16
Genre: Law
ISBN: 9403522240
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Increasingly, we conduct our lives online, and in doing so, we grant access to our personal information. The crucial feedstock of the world economy thus generated - the commercialization and exploitation of personal data and the intrusion of digital privacy it entails - has built an imposing edifice of market power. As we enter the third decade of the 21st century, this detailed exploration of the interlinkage between competition and data privacy takes a critical look at competition policy to evaluate whether the system in its current form and with the existing approach is capable of tackling the challenges raised by the role of personal data in the shift from an offline to an online economy. Challenging the commonplace assumption that privacy has little or no role and relevance in competition law, the author’s penetrating analysis accomplishes the following and more: provides an in-depth understanding of the intersection of competition and privacy in the data-driven economy; surveys legal policy developments on the role of privacy in competition law; underlines the importance of non-price parameters in competition, such as consumer choice; clearly explains why and how competition law can protect privacy among its policy objectives; and addresses challenges in measuring the intangible harm of digital privacy violation in assessing abuse of market power. Recent case law in Europe and elsewhere, a revealing comparison between relevant European Union (EU) and United States (US) practice, the expanded role of the EU’s Competition Commissioner, and the likely impact of such phenomena as the coronavirus pandemic are all drawn into the book’s remit. In her analysis of the growing privacy dimension in competition policy, the author examines the topic from a broad perspective that includes societal, political, economic, historical and cultural elements. Her insightful multidimensional and value-based review will prove of immeasurable value to practitioners, academics, policymakers and enforcers in its identification of implications for business practice as we go forward.

Competing in a Digital Future

Competing in a Digital Future
Author: Johann H. Botha
Publisher:
Total Pages: 0
Release: 2021
Genre: Industrial revolution
ISBN: 9780620969215
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