Revolution in Commercial Affairs |
I see a "Revolution in Commercial Affairs" happening today. The same concepts and strategies learned in the military have relevance for the enterprise. Companies that can more effectively use "Code Halos" - the information that surrounds people, organizations, processes and products will be the winners.
What does this mean for your company strategy in 2014? It means your enterprise must digitally transform and focus on improving its capabilities to:
- Collect information faster
- Communicate information faster
- Analyze and filter information faster
- Report the analysis faster to decision makers
- Strive for the goals of being a "real-time" and "data-driven" enterprise
There are at least three components required for digital transformation:
- Technological innovation
- Operation concepts and Strategies
- Organizational adaption
Every organization needs to understand the seriousness of the Darwinian theory of survival of the fittest. Every employee should be seeking ways to innovate and contribute to making their company as competitive as possible.
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Kevin Benedict
Writer, Speaker, Editor
Senior Analyst, Digital Transformation, EBA, Center for the Future of Work
Cognizant
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Recommended Strategy Book Code Halos
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***Full Disclosure: These are my personal opinions. No company is silly enough to claim them. I am a mobility and digital transformation analyst, consultant and writer. I work with and have worked with many of the companies mentioned in my articles.
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