To meet rapidly changing customer demands and address global competition, businessleaders must leverage the power of digitalization to transform for growth. This can be scary, exciting or depressing - natural reactions for people when adapting to new ways to work and live. However, [...]
Through effective use and leverage of technology, service-based business models and enhanced customer experience, organizations such as Adobe, Daimler Benz, Hilton and Schibsted Finn have achieved growth in revenue, profit and market valuation. Across all industries, digital capabilities, along with new market dynamics [...]
Customers today demand convenience, ease of access and personalized offering from corporations such as GE, Otis Elevator, and many smaller companies. By offering digital services, software interfaces and ‘pay for use’ business models, many traditional companies are reaching new market segments, delighting their customers [...]
Digital transformation means new revenue models, operational efficiency, increased global access and value creation. It also provides new opportunities for engagement and development of people - employees, leaders, partners, and suppliers. For successful transformation, managers need to: Gain understanding and desire for change [...]
Innovation is one of the most critical contributors to national and global growth. Achievement of sustained success in areas such as Silicon Valley can be attributed to many factors leading to an Innovation Culture. Initially, (1960-70’s) Silicon Valley grew through government investment (in [...]
The ubiquitous use of technology, from apps such as Uber, artificial intelligence by Facebook through robotics in all […]
Digitalization i.e. the use of technology to reach new customers and improve efficiency is changing all aspects of our work, life, and environment. Success in this new world requires adaptation of leadership approaches, roles, and skills. A recent Gallup poll showed that 92% [...]
The rapid advances in technological capabilities, combined with the global growth of entrepreneurialism and the ‘sharing economy’ bring many new opportunities for Norway. However, there can be challenges as new digital competitors compete with traditional corporations in all industries and today’s buyers demand [...]
Capturing the Lucrative Traveler’s Loyalty: Role of Digitalization Like all industries, the world of travel is evolving rapidly through technological innovation and changing consumer demographics. As many studies* have shown, the lucrative tourists of the future are middle-class residents of USA, Central Europe, [...]
Today, ‘digitalization’ is the hot topic, buzzword and goal of most organizations […]
