Tag: business
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🗂 The Non-Compete Software Movement
> If I want to grab a piece of software and build a business on top of it through my own labor, I need to go elsewhere. I’m not welcome to do that in your house. medium.com/@adamhjk/…
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🗂 Learning the business from The Business
> “The worse domain expert is the one whose expertise was built for the intricacies of existing systems. The best expert has had an emotional loss from losing something.” thenewstack.io/two-ways-…
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Link: When Culture Doesn’t Translate
Unfortunately, the Thai manager told me, his U.S. colleagues usually didn’t send the agenda until an hour before the call, so his team was unable to prepare. And it struggled to understand what was said during the call, because the U.S. participants spoke too quickly. He also said that the Americans rarely invited comments from…
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Link: Hadoop Needs To Be A Business, Not Just A Platform
Financial goop on Cloudera and HortonWorks merging: The deal for the merger of the two companies is surprisingly simple. Shareholders in Hortonworks will get 1.305 shares in Cloudera and Cloudera will be the remaining company in fact, if not necessarily in name. This means that Cloudera shareholders will own 60 percent of the combined company…
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Link: High churn rate in the S&P 500
Innosight’s third study of company’s ability to maintain leadership positions estimates that by 2018, 50% of the companies on the S&P 500 will drop off, replaced by competitors and new market entrants. Staying at the top of your market-heap is getting harder and harder. This is often used to show how difficult the business world…
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Two Types of Digital Transformation
There are two types of digital transformation. First, literally. You had an analog process (booking appointments at the barber shop with phone and paper, planning tanker refueling schedules with a white board), and now they’re replaced by pure software. These transformations are often about optimizing an existing business process, gaining huge cost and time efficiencies…
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Link: When Concorde was the future
“Concorde was pitched at the business set of the 1970s, with all of its 106 seats priced at first-class levels. With its own dedicated lounge at the airports it served, even the check-in and waiting experience was luxurious: possibly more so than the aircraft itself, which despite its leather seating had tiny windows, a low…
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Link: Transform Your Corporate Culture With These 5 Proven Steps
“A 2017 Gallup report found only 33 percent of US employees said they were engaged at work. This surprisingly low rate has serious consequences: their actively disengaged colleagues are estimated to have cost the US between $483 and $605 billion annually in lost productivity.” Original source: Transform Your Corporate Culture With These 5 Proven Steps
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Link: Project management vs. product management
‘That discussion starts with a very concise and useful distinction between project management (the world the government knows) and product management (the world it doesn’t). Project management, they write, is “focused on managing to a plan” – such as managing schedule, budget, risk, policy compliance and then reporting status to stakeholders. “Success for a project…
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Link: Investors Have Misdiagnosed Amazon’s Push Into The Pharmacy Business
“The preponderance of drugs in the U.S. is consumed by an older population, whose habits change slowly or not at all. Accordingly, it’s likely that Amazon’s online pharmacy will not significantly impact the existing drug industry…. Here’s why: Americans currently spend $450 billion a year on drugs. Walmart is the fourth-largest pharmacy in the U.S.,…
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Coté’s Commonplace Book – Issue #39
I’ve been in Berlin at a quarterly sales meeting this week. It’s a big room of people, new and veterans. Traveling from Amsterdam to Berlin is just an hour, the old you spend longer in the airports than the actual flight thing. It proves out the whole reason for moving here though: business traveling in…
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Link: Do you need a corporate vision in government IT?
“In an organisation like a local authority this is especially tough as they are such disparate entities. Think about it, in what strange universe does it make sense for a single organisation to collect taxes, deliver social care, pick up bins and operate transport? None of these and many of the other services councils deliver…
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Link: Employees should work on hard things, not easy things
‘For a business to thrive, each employee must ultimately be worth three times their wages to the business. That means if someone is getting paid $60k per year, their worth to the business likely exceeds $180k. People often underestimate what they are worth. One way people, especially more junior employees, underestimate themselves is by failing…
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Link: What is “digital”?
“I tend to (rather crudely) break down what digital transformation could mean into three broad categories: (1) Digital access – taking a paper or telephone based process and whacking it online with an e-form (quick to do, few benefits except a bit of convenience for web savvy users); (2) Digital efficiency – taking that process…
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Link: Serverless Impacts on Business, Process and Culture
‘Sharples said the main interest stems from an enterprise love of microservices, where incremental delivery, agility and faster delivery are being embraced. “But we see adopters struggle with the operational complexity of managing and monitoring distributed systems, and that is where serverless has gotten their attention. You get the microservices benefits, but from a developer…
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Link: Management Support in Agile Adoption
“In the global survey 82% of respondents reported that getting more support and commitment from all levels of management is a high or medium-term priority. In addition to this research, conversations we have with senior IT professionals all report that as IT has become ingrained in most, if not quite all, business processes it is…
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Link: Does Your Company Have an AI Strategy, Really?
“A global survey of more than 3,000 executives by the Boston Consulting Group and MIT’s Sloan Management Review found that 84 percent of respondents believe AI will enable them to obtain or sustain a competitive advantage, 83 percent feel AI is a strategic priority for their businesses today, and 75 percent are counting on AI…
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Link: Digital is a long-term objective, CEOs warned
“If you remember the shift from WAP banking to app banking – this took eight years, and it was a relatively superficial change. But a deeper change to the product and services of your business can take 10 or more year – some will even take 15 years. The risk for business leaders is that…
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Link: The Sorry State of Digital Transformation in 2018
Organizations talk a lot about transformation, but their actions don’t always back it up: “To find out the state of digital transformation, we surveyed 1,600 business and IT decision-makers in North American and European enterprises. The answer? Sorry, I’m afraid. As you can see from the picture below, 21% of firms think their transformation is…
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Link: Zuora IPO and how subscriptions changed how we do business
“Curation services, with 55% of total subscriptions, are by far the most popular, suggesting a strong desire for personalized services. Replenishment accounts for 32% of subscriptions and access subscriptions for 13%.” Original source: Zuora IPO and how subscriptions changed how we do business