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Although it’s unlikely that a single system will be able to handle all strategic decisions, the narrow intelligence that computers display today is already sufficient to handle specific strategic problems.
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Companies can continue creating value in the face of disasters, both natural and manmade, when they recognize and develop strategies to take advantage of their interdependencies with the societies in which they operate.
Despite valid concerns about machines displacing workers, human labor isn’t going away any time soon. Tasks that cannot be substituted by automation are generally complemented by it. Still, while automation does not reduce the quantity of jobs, it may greatly affect the quality of available jobs. For workers to benefit from IT, human-capital investment must be at the heart of any long-term strategy for producing skills that are complemented, rather than substituted, by technological change.
The most powerful technology-driven transformation will move business beyond operational shifts and change how companies manage their relationships with the larger world.
Effectively communicating the innovation journey and output to executives requires translation. While innovation processes are becoming more widely used across organizations, they are not always fully embraced at the executive level. Innovationists need to become bilingual — able to present in the style that strategy consulting firms use when making formal recommendations and updates. When speaking to executives, innovation leaders should make sure they are not only heard, but understood.
Developing the characteristics of an effective digital culture is one clear path that companies can follow to becoming digital mature, regardless of industry or company size.
What’s happening this week at the intersection of management and technology: Toward a more-nuanced understanding of digital competitive threats; building a digitally-savvy board; the ramifications of direct brain-to-computer communication.
An infographic provides highlights of MIT SMR‘s 2016 digital business report and illustrates the importance of aligning talent, culture, leadership, and strategy for long-term digital success.
Investor relations managers and sustainability professionals can collaborate to communicate meaningfully with investors, converting them into a stakeholder group to help forward corporate sustainability.
Businesses looking for sustainable business models need a strategy, but there are plenty of useful tactics available. As part of our series on building abundant enterprises, we look at regenerative marketing and collaborative exchange — just two in a list of 15 possibilities.
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