AI versus EI In the Harvard Business Review, ‘The rise of AI makes
Governments are claiming they have 'digitally transformed'. The reality is that they have
Robots, Cobots and AI Machines It is nearly impossible to read a magazine
Can any leader declare that they have truly become a digital leader and that their organisation has been fully transformed in the new digital world? The first problem in making such a declaration is that there is no agreement on what being a digital leader means. Even the language around digital transformation is only properly developing now.
Most digital transformation strategies are neither strategic nor transformational. Michael Porter, the famous Harvard Strategy Professor said "If we're satisfied with vague strengths and weakness lists, we're not thinking very clearly about strategy". "There's a distinction between operational effectiveness and strategic positioning". "Should we be on the cloud or have our own servers? That's an operational effectiveness question. What we understand is that operational effectiveness is not strategy".
“A rose by any other name would smell as sweet” is often quoted from William Shakespeare’s play Romeo and Juliet. The reference is often used to imply that the names of things do not reflect what they really are. In the case of Juliet she is saying that she loves her handsome Romeo regardless if his name is Montague. While in Juliet’s case this was positive it is not always positive. A credible name or title can easily be attached to poor quality content.
Ohm’s Law states that the current passing through a conductor between two points is directly proportional to the voltage across the two points, where I is the current, V is the voltage and R is the resistance. Ohm’s Law states that R is a constant, independent of the current. As we fast forward two centuries into the digital age what can we learn from this formula in relation to the new energy force of digital?
“Who do you think you are?” is a popular genealogy documentary series that has aired on BBC since 2004 and is now also made in more than 10 international countries. In each programme a celebrity traces their family history and usually identifies at least one very interesting character from their family tree. Each programme throws up insights for the participant as to how they have ended up where they are and quite often who they are as a person.
Digital transformation starts with a change in mindset. How much time and resource should an organisation commit to making that mind shift? It’s said that “strategy is where we create our competitive advantage”. How much money, how much time and how many people are dedicated to finding new competitive advantage?