1. Digital Innovation & Transformation 2016 and beyond
Andy Grove (ex CEO Intel, R.I.P.) said, in today’s world you must be paranoid
/driven to obsolete your own products/services soon by offering new versions or
else the competition /startup down the street will.
The trick is to find the right balance in the tension between Stability and Agility
for execution. The world is on a race track that is constantly speeding up. If it
exists it will soon be legacy.
Deloitte - Every enterprise should challenge their employees to think beyond the
“what” of digital innovation to the “so what”—how you will harness emerging
trends, innovation, and disruption to create real business value.
Gartner(updated) – An established enterprise should operate in a mixed bi-modal
manner so that – they can run in a predictable, reliable, risk averse, standards
oriented way with strict governance to generate predictable results as Mode 1; in
Mode 2 they run in an exploratory, adaptable way with no fixed rules mixed in
with a large dose of managed risk taking, to leverage new technologies and
concepts to successfully differentiate, innovate and compete with new startup
leaders focused on niches/untapped markets.