"You have a memory like an elephant," is truly a compliment. Researchers
document all kinds of remarkable examples of the recall power of elephants,
and this is credited with their ability to survive harsh environments as
noted in this Scientific American article.
Our human memory also helps us learn from past experiences and mistakes,
avoid recognizable hazards and keep track of our very busy lives. Our
memories for the most part have served us well, but the same might not always
be said about digital memory in an always connected, real-time world.
One of the most valuable concepts known to man is hope. Hope is the belief
that things can change and get better. It is the belief that one can turn the
page and start a new life. It is the motivation that draws many to get out of
bed each morning, recover from past mistakes, and go to work.
Bankruptcy laws were designed,... (more)
Those that lead are able to collect and analyze data that followers can't.
Think about the first climber to reach the top of the mountain, they have a
new and different view slower followers don't. If you believe, as I do,
that understanding data is the secret sauce of the digitally transformed
enterprise, then having data not available to your competitors is a treasure!
Those that achieve digital transformation before their competitors will have
advantages - and advantages have advantages. Not only do they have new
experiences and new data to analyze and understand, they are ab... (more)
Digital transformation is too big and important for our future success to not
understand the rules that apply to it. The first three rules for winning in
this age of hyper-digital transformation are:
Advantages in speed, analytics and operational tempos must be captured by
implementing an optimized information logistics system (OILS) Real-time
operational tempos (IT, people and business processes) must be achieved
Businesses that can "analyze data and act and with speed" will dominate those
that are slower.
The first two rules prepare for the third, which focuses on action. The fi... (more)
15 Rules for Winning in Digital Transformation and the Doctrine to Match
Competitors can't compete, and leaders can't lead if they don't know the
rules of the game. Understanding how points are scored, and what is
required to win, is key to any competition. In the age of digital
transformation there are key rules to learn:
Data is the modern commercial battlefield Information dominance is the
strategic goal It takes an "Optimized Information Logistics Systems" (OILS)
to compete Advantages in speed, analytics, operational tempos and information
logistics - determine the winners ... (more)
Although we often write about and discuss digital transformation, we often
fail to identify the end goal we are really trying to achieve. We talk at
great length about data, analytics, speed, information logistics systems and
personalized user experiences, but none of these are the end goal.
Ultimately we must digitally transform so we can remove the "fog of war," and
have clear visibility and insights into our businesses and the needs of our
customers. The end goal of digital transformation, however, is the ability
to rapidly act and react to changing data, competitive condit... (more)