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CEO Mandate is not Enough for Success in Digital Transformation

If you’re a CIO or other executive tasked with leading a digital transformation project, chances are high that you’re left-brained oriented — you’re a logical thinker and are very good at solving problems. But be careful when you develop the approach to the transformation. Inevitably you’ll be asked “What’s the solution?” and “What does

Indian Service Providers Making Difficult Choices and Laying Off Workers

Service providers in India have issued several announcements around their intentions to let a fairly sizeable number of employees go. Six thousand at Cognizant, 1,000 at Infosys, more than 200 in the Mumbai office of Capgemini (a French company), and several hundred last month at Wipro with expectations of another 10 percent of the

Thinking Bigger With Digital

It’s no surprise that companies are diving into digital. When combined with new business models, digital technologies not only result in extreme efficiencies but also set the stage for the ability to change a company’s competitive posture. We’re seeing markets transform as they rotate into digital. Moving into the digital world drives two effects.

Is Blockchain Technology Secure for Your Company’s Transactions?

Blockchain technology is hard to ignore as practically everybody’s talking about it. That’s understandable because it’s predicted to disrupt the value flows that underpin business transactions and economies as well as create new business models. It has enormous power to solve business problems. But is a blockchain “distributed ledger” secure? Blockchain is still in

Regulatory Changes Drive Digital Disruption

Companies in some highly regulated industries often view digital transformation and digital restructuring as being constrained by laws and regulations that don’t evolve fast enough to allow digital transformation to happen. But there’s another side to the regulatory coin: sometimes regulatory changes enable and drive disruption and business transformation. That’s about to happen in

The United Nations Looks at Security Of Artificial Intelligence

I recently had the privilege of attending at the United Nations an invited gathering of individuals active in the Artificial Intelligence (AI) space. The meeting was hosted by UNOPS with a view to consider how AI can be better deployed to support the UN mission. The attendees included leaders in AI and its related

How Blockchain Technology Applies to Your Company

Blockchain technology is a red-hot topic in the news these days and in many C-suite discussions. It has wide applicability to many industries and most companies. Like any emerging technology, companies that aren’t first movers tend to look for proven use cases and often wait for the technology to mature. But that may not

Advertising Agencies Hit With New Competitive Threat

There’s a new threat on the horizon for advertising agencies. Leading successful service providers including Accenture, Deloitte, KPMG, IBM, McKinsey and PwC are acquiring advertising companies. Why should you take note of this movement if you’re not in the advertising business? Because it serves as a warning for other industries: digital platforms are starting

The Disruption and Promise of Artificial Intelligence

There’s no shortage of books, news articles and comments in social media about how artificial intelligence (A.I.) is shaping our future. Although it’s still blazing a trail, we’re on the brink of A.I. disruption that will change all industries and society at a very deep and fundamental level. I believe it will be one

Remedy for Threat to US Pharmaceutical Industry’s Profitability

US pharmaceutical companies may be counting their lucky stars now that healthcare reform is a dead issue for the time being. But they shouldn’t. They are still very vulnerable to increasing political pressure from the Trump Administration. The good news is there are actions these companies can take in the face of this pressure,