This document discusses how organizations can build business agility to adapt to times of crisis. It argues that focusing on people first through understanding employee needs, promoting emotional agility and a culture of innovation is key. Factors like trust, customer centricity, networks of teams, and open communication also promote agility. Strategic agility in action includes identifying new opportunities, scaling existing products, and accelerating digital transformation. Examples are given of companies that adapted quickly during the COVID-19 pandemic through new product development and processes. Challenges of returning to work are also outlined. The conclusion emphasizes that organizations need sustained commitment to developing flexibility and resilience supported by people, processes and principles to adapt and thrive in times of crisis.
Be inspired to innovate, innovate to stay relevant. These were some of the main themes in Cynthia's presentation
Complete with numerous examples of how innovation can be actuated both from a personal and organisational standpoint. Cynthia reminded us that innovation is a process and not merely an outcome
The #1 reason clients leave their CPAs is that they are receiving service instead of proactive advice. Tom will show how firms are exploring new value added services and position their practices for success in a rapidly changing world. He will discuss the major "shift change" and the trends shaping business today and give participants a framework to provide more proactive services and strategic advice and a plan to get started. But these services require new skills and approaches which is a big opportunity for firm HR and Learning Leaders.
Presentation to AGN International in San Diego #NARM16 for Managing Partners in MAP Track
Agile Project Management for Nonprofits501 Commons
Are you looking for ways to remove dysfunctions, waste, and inefficiencies in your non-profit organization? Whether it is a technology or a non-technology project for non-profits, this quick introduction to “Agile” – a modern project management approach can help you get more done more efficiently with full engagement of your team and stakeholders.
In this workshop you will learn how Agile has caused tremendous disruption and innovation in today’s networked global economy and what are the future possibilities. You will specifically learn how to adopt Agile practices to do twice more in less than half the time at your non-profit organization. Agile practices are aimed at responding to changing organizational demands by reducing waste, incorporating program improvements more quickly, and working collaboratively.
Agile is a mindset and it requires a mind shift from individual performance to team progress. It emphasizes the ability to adapt to changes and provide organizations the framework to adapt in a predictable way with a minimal amount of waste, such as from over planning. In Agile, teams incorporate frequent feedback, from both internal and external stakeholders, and work in short iterations, with the goal always to get something viable in front of an individual for feedback. Everyone works as one team to get work done.
Specifically, participants will learn the benefits of Agile, how to become Agile, the role of a team in a scrum environment, and an overview of scrum roles.
Social Intrapreneurship: Circle of Intrapreneurs BucharestEmanuele Musa
How Social Intrapreneurship came into play, how it is transforming organizations into work-places of passion, creativity, energy and purpose. Ultimately, Social intrapreneurship has the potential to fostering more fair capitalism, driven by the greater good.
Digital transformation can be defined as a process whereby an organization shifts their business models, processes, and organizational culture with digital technologies to adapt to changing customer behaviors. They adapt to meet ever-changing customer expectations and engage with consumers in innovative ways. Transformational journeys require acurate assessments, learning, growth, and monitoring of:
1) People and Culture;
2) Capacity and Capabilities;
3) Innovation; and
4) Technology.
Creating a Culture of Innovation - MIT ID InnovationPankaj Deshpande
Learn about creating a Culture of Innovation in Your Organization. Have a look at the article. To know more details, visit us at : https://mitidinnovation.com/recreation/complete-guide-for-creating-a-culture-of-innovation-in-your-organization/
GESR "Take your innovation to the market "event "GESR"GESREGYPT
Presentation about the Challenges and opportunities in the World and Egypt that caused the initiation of GESR.
And More details about the GESR current and future programs.
Paul Woods gave a presentation on leadership and innovation to M.Sc. students at Trinity College Dublin. He has extensive commercial experience launching products and scaling companies. He discussed that leadership requires setting a vision and motivating teams, while management focuses on planning and coordination. Innovation comes from a willingness to change and challenge the status quo. Understanding how to create value for customers, such as solving problems or improving efficiency, is key. Startups require high-energy teams and a culture of quickly proving ideas. Differentiation can come from many factors like ease of use or ecosystem development. Thinking creatively about customer needs is important for disruptive innovation.
Be inspired to innovate, innovate to stay relevant. These were some of the main themes in Cynthia's presentation
Complete with numerous examples of how innovation can be actuated both from a personal and organisational standpoint. Cynthia reminded us that innovation is a process and not merely an outcome
The #1 reason clients leave their CPAs is that they are receiving service instead of proactive advice. Tom will show how firms are exploring new value added services and position their practices for success in a rapidly changing world. He will discuss the major "shift change" and the trends shaping business today and give participants a framework to provide more proactive services and strategic advice and a plan to get started. But these services require new skills and approaches which is a big opportunity for firm HR and Learning Leaders.
Presentation to AGN International in San Diego #NARM16 for Managing Partners in MAP Track
Agile Project Management for Nonprofits501 Commons
Are you looking for ways to remove dysfunctions, waste, and inefficiencies in your non-profit organization? Whether it is a technology or a non-technology project for non-profits, this quick introduction to “Agile” – a modern project management approach can help you get more done more efficiently with full engagement of your team and stakeholders.
In this workshop you will learn how Agile has caused tremendous disruption and innovation in today’s networked global economy and what are the future possibilities. You will specifically learn how to adopt Agile practices to do twice more in less than half the time at your non-profit organization. Agile practices are aimed at responding to changing organizational demands by reducing waste, incorporating program improvements more quickly, and working collaboratively.
Agile is a mindset and it requires a mind shift from individual performance to team progress. It emphasizes the ability to adapt to changes and provide organizations the framework to adapt in a predictable way with a minimal amount of waste, such as from over planning. In Agile, teams incorporate frequent feedback, from both internal and external stakeholders, and work in short iterations, with the goal always to get something viable in front of an individual for feedback. Everyone works as one team to get work done.
Specifically, participants will learn the benefits of Agile, how to become Agile, the role of a team in a scrum environment, and an overview of scrum roles.
Social Intrapreneurship: Circle of Intrapreneurs BucharestEmanuele Musa
How Social Intrapreneurship came into play, how it is transforming organizations into work-places of passion, creativity, energy and purpose. Ultimately, Social intrapreneurship has the potential to fostering more fair capitalism, driven by the greater good.
Digital transformation can be defined as a process whereby an organization shifts their business models, processes, and organizational culture with digital technologies to adapt to changing customer behaviors. They adapt to meet ever-changing customer expectations and engage with consumers in innovative ways. Transformational journeys require acurate assessments, learning, growth, and monitoring of:
1) People and Culture;
2) Capacity and Capabilities;
3) Innovation; and
4) Technology.
Creating a Culture of Innovation - MIT ID InnovationPankaj Deshpande
Learn about creating a Culture of Innovation in Your Organization. Have a look at the article. To know more details, visit us at : https://mitidinnovation.com/recreation/complete-guide-for-creating-a-culture-of-innovation-in-your-organization/
GESR "Take your innovation to the market "event "GESR"GESREGYPT
Presentation about the Challenges and opportunities in the World and Egypt that caused the initiation of GESR.
And More details about the GESR current and future programs.
Paul Woods gave a presentation on leadership and innovation to M.Sc. students at Trinity College Dublin. He has extensive commercial experience launching products and scaling companies. He discussed that leadership requires setting a vision and motivating teams, while management focuses on planning and coordination. Innovation comes from a willingness to change and challenge the status quo. Understanding how to create value for customers, such as solving problems or improving efficiency, is key. Startups require high-energy teams and a culture of quickly proving ideas. Differentiation can come from many factors like ease of use or ecosystem development. Thinking creatively about customer needs is important for disruptive innovation.
Recent research from the AICPA says that the business environment for CPAs and their clients will be characterized by “unprecedented, massive and highly accelerated change” through 2025. To thrive in this new age of hyper-change and growing uncertainty, it is now an imperative to learn a new competency–how to accurately anticipate the future. This session will show how to anticipate these trends and move from being a crisis manager to an opportunity manager. At the end of the session participants will set actionable steps to elevate and accelerate their organization’s strategy.
How will the ‘mostly linear’ Innovation Processes and their corporate contexts, that have served us well over the past 50 years, be reshaped through disruptive key global trends?
- Exponential technologies - Digitized health sciences - Ubiquitous Internet connectivity - Urbanization and ageing population.
Going Forward
Exponential growth of technology will disrupt every business sector that has significant, and growing, information content.
What will digitalization dematerialization and demonetization create ?Mike Mastroyiannis
This document discusses exponential disruptive innovation and the new world brought about by accelerating technologies. It notes that exponential computer power, mobile internet, artificial intelligence, urbanization, and digitization across industries are creating conditions for massive disruption through new business models. Companies must embrace opportunities to innovate in new ways to survive this disruption. The document provides advice on assessing how different exponential technologies could impact a business and determining what changes may be needed to innovation processes and capabilities. It offers help from the authors in leading companies through this change.
Maximising the opportunities offered by emerging technologies within the chan...Livingstone Advisory
The Australian University sector is heading down the path of seemingly inevitable and fundamental change in both its operating model and role within society. The forces at play are numerous and diverse, fueled in part by the capabilities of modern technologies. These include factors such as increasing global competition for tertiary students, the shift towards a self-funded corporate operating model whilst having to retain academic independence and rigor – all in an environment of the increasing commoditisation of knowledge and intellectual property through emerging vehicles such as MOOCs (Massive Online Open Courses).
In the midst of these structural changes, how well Australian Universities navigate through the current swathe of emerging and potentially disruptive technologies whilst mitigating the longer term systemic risks associated with their adoption is not necessarily a trivial exercise.
In this session, Rob Livingstone offered some practical insights into how CIOs of ‘the University of the future’ can play an active part in helping their institutions thrive in the new environment by maximising the upside potential of new and emerging technologies with known cost and risk, whilst simultaneously managing the multiple versions of reality that exist in the new IT environment.
VeriSM helps organisations to embrace "digital" and provides organisations with practical guidance on how to digitally optimise or digitally transform. Although the subject is a digital world, VeriSM is about business and not only IT. It’s about how an organisation in its totality can survive and thrive in a brave new "digital" world!
VeriSM was received with great enthusiasm because it gave a concept how different frameworks, approaches, resources, etc. can be combined and applied, not just for IT but for every service provider in the organisation. With ‘VeriSM: unwrapped and applied' organizations and professionals get practical guidance in making digital transformation a reality.
Context of digital transformation. econsultancy webinarIrene Ventayol
The document discusses digital transformation at Econsultancy. It provides an overview of Econsultancy's research reports on topics related to digital transformation such as organizational structures, securing board buy-in, insourcing and outsourcing, agility and innovation, and skills of the modern marketer. It also discusses common barriers to digital progress such as legacy systems, finding digital skills, and getting senior management buy-in. Additionally, it examines different organizational structures companies use for digital transformation such as centers of excellence and hub-and-spoke models.
This document discusses building a culture of experimentation within organizations to improve decision making. It outlines four hurdles to good decision making: status quo bias, cognitive overload, the illusion of validity, and authority bias. It then proposes a solution of systematically integrating a framework for business experimentation through a planned multi-step process to overcome these hurdles. This would allow organizations to consistently develop impactful innovations faster than competitors through frequent, structured experimentation and learning.
The taste of innovation build-10 x-valuefactory-90days-master-program-brochureFlevum
Brochure The Taste of Innovation | Beyond Performance Experience
How to build your 10x-ValueFactory in 90 days (introduction)
We leven in opwindende tijden - waarin de manier waarop we met elkaar werken sterk aan het veranderen is, waarin de focus naast presteren, veel meer is gaan liggen op de mens. Leiders zijn zich meer en meer bewust dat als het hun mensen goed gaat, het ook goed gaat met de organisatie.
Uitspraken binnen deze context zijn gedaan door:
Wendy Woods - Sr. Partner Boston Consulting Group: “Smart, committed people. They are our most precious and powerful resource. And many of the innovations that people have created recently enable even more people to contribute in even more substantial ways. That’s a significant part of why I’m so optimistic about our future.”
Ed Catmull - Co-founder Pixar: “Talent is rare. Management’s job is not to prevent risk but to build the capability to recover when failures occur.”
Of denk aan het “Growth Manifesto” initiatief van Neville Isdel (Coca-Cola) hoe terug te gaan naar “living our values”, hoe beter samen te werken en mensen te ontwikkelen om ultieme prestatie mogelijk te maken.
Bovenstaande voorbeelden schijnen hun licht over desastreuze focus op alleen presteren bij bedrijven zoals Enron, Lehman Brothers, Atari, Kodak …
Het feit dat klanten producten en/of diensten afnemen geeft aan dat er waarde wordt toegevoegd. De vraag is:
Welke waarde gaat morgen - onbewust ? - gewenst worden?
Wanneer is morgen?
Hoe maken wij contact met morgen?
Hoe creëert u uw eigen WaardeFabriek die antwoorden geeft op deze vragen?
Uw eigen WaardeFabriek?
DeWaardeFabriek gunt iedere organisatie haar eigen WaardeFabriek, waarin het gezamenlijk op zoek gaan naar EN het realiseren van de waarde voor morgen centraal staat.
Samen met DeWaardeFabriek laten wij u tijdens deze bijeenkomst proeven van de elementen die uw eigen WaardeFabriek succesvol maken. Deze elementen in deze bijeenkomst vormen onderdeel van een master-programma “How to build your 10x-ValueFactory in 90 days” dat speciaal voor Flevum-leden in januari 2016 van start gaat.
Na afloop van deze bijeenkomst gaat u naar huis met praktische inzichten die u direct in de praktijk kunt brengen.
Dit programma wordt inmiddels met succes toegepast bij o.a.:
TATA Steel
Stork
SPIE
World Class Maintenance
Econsultancy provides digital marketing expertise, research, and training to help companies accelerate their digital transformations and drive digital excellence. They offer an enterprise subscription that provides unlimited access to their extensive research library, events, webinars, elearning modules, and customized training programs. The subscription is aimed at helping companies develop their culture, skills, processes, and performance to succeed in the digital world by understanding trends, benchmarking against competitors, and developing high-quality digital teams.
How accessible technologies may enable organizations to achieve diversity and inclusion of all people, irrespective of abilities and disabilities. The benefits may be internal to an organization (employees, regulation etc.) and external to their customers, patients, citizens). This is a topic relevant to all industries, countries and societies.
Individual Project I-3
1. Title
Technology Innovation Project
2. Introduction
Background of the Corporation
Largo Corporation is a major multinational conglomerate corporation which specializes in a wide array of products and services. These products and services include healthcare, finance, retail, government services, and many more. The annual revenue is about $750 million and it has about 1,000 employees. The parent company is located in Largo, Maryland and its subsidiaries are headquartered throughout the United States.
The mission of the corporation is to bring the best products and services to people and businesses throughout the world so they can then realize their full potential.
The corporate vision guides every aspect of their business to achieve sustainable, quality growth:
Productivity: Be a highly effective, lean and fast-moving organization.
People: Be a great place to work where people are inspired to achieve their maximum potential.
Partners: Nurture a winning network of customers and suppliers, together we create mutual, enduring value.
Responsible: Be a responsible citizen that makes a difference through ethical behavior.
Revenue: Maximize long-term return while being mindful of our overall responsibilities.
The company’s culture is reflected in their corporate values:
Leadership: Courage to shape a better future.
Collaboration: Leverage collective intelligence.
Accountability: Own up to your responsibility.
Passion: Committed to excellence.
Diversity: Provide new perspectives into our business.
Quality: We will want quality as part of our brand.
The corporation consists of the parent company and the following subsidiaries:
Healthcare – Suburban Independent Clinic, Inc. (medical services)
Finance – Largo Capital (financial services)
Retail – Rustic Americana (arts and crafts), Super-Mart (office products)
Government Services – Government Security Consultants (information security)
Automotive – New Breed (electric cars)
Systems Integration –
Solution
s Delivery, Inc. (communications)
Media Design – Largo Media (website and app design)
The organization is headed by CEO Tara Johnson who completed her Master’s degree at UMUC and eager to make worthwhile improvements to the corporation. She rose through the ranks of Largo Corporation starting with systems integration, then retail and her last position before becoming CEO was in finance.
The corporation is in a highly competitive environment so the CEO wants savvy employees at many levels to make wise judgments and take an aggressive approach and deliver results towards improving the bottom line yet maintaining corporate social responsibility.
Corporate Issues
Ms. Johnson is very concerned about the outlook of her company. Revenues recently declined and she felt that the organization needed a transformation for the company to do well over the long term. In thumbing through some readings she was inspired when she uncovered the following:
We live in a business world acceler.
The document outlines the nine factors that contribute to successful medical device innovation clusters: commercial success, capital, NGOs, incubators/accelerators, supportive regional government, local supply chain, risk tolerance, commercial infrastructure, and community. These clusters originate when there is an early commercial success that attracts talent, funding, and economic growth to support new entrepreneurs and spin-offs. Collaboration across different players in the healthcare sector including practitioners, researchers, investors, and industry is important for continued innovation.
The Medical Device industry innovates and drives scientific opportunities in specific global markets for a reason. There are common ingredients in these markets that allow Med Tech innovation to thrive from historical early successes to institutional fortitude to state/country support. Whatever the driver was, the other ingredients cannot be ignored to achieve sustainable innovation and sustainable scientific job growth.
This document summarizes a presentation given by Venkat and Srivalli, founders of eFarm, at an entrepreneurship conference in Chennai. eFarm addresses inefficiencies in the Indian agricultural supply chain by procuring vegetables and fruits from farmers and supplying them to bulk customers in cities. They create an end-to-end supply chain infrastructure using processes and technologies to make perishable goods distribution more efficient. The presentation covers strategies for scaling a growing company, including building an effective team, using technology and outsourcing appropriately, understanding finances, forecasting growth, seeking investment, and adapting to changes. The ideal entrepreneur is described as disciplined yet enjoys doing the impossible.
Organizational Agility for Sustainable Competitive Advantage in VUCASeta Wicaksana
An Organization has an SCA when it is able to generate more customer value than competitive firms in its industry for the same set of products and service categories and when these other firms are unable to duplicate its effective strategy
At present, the pace of change feels relentless – new technology has changed our working lives beyond recognition and disrupted whole industries.
Many of us like to think that change is rare - we feel like it should be a one-off event, with a beginning and an end. The reality is that change is a constant state - nothing stays the same forever. If this seems daunting, agility is our friend.
#CSOAUS: Innovation - for a brighter future at News Corp AustraliaMark Drasutis
The document discusses innovation at News Corp Australia and outlines strategies for driving innovation. It notes challenges like declining print revenue and changing media consumption habits. It advocates for an innovation approach focused on customer needs, operating like a startup, collaboration, prototyping ideas quickly, and creating an innovation culture of autonomous teams, transparency, and acceptance of failure. The key is to focus on customer jobs to be done, think combinatorially, make ideas real through prototypes, and start the process of change through quiet actions today rather than directives.
Mobile web africa 2012 presentation loren treismanLoren Treisman
Presentation delivered by Dr Loren Treisman at Mobile Web Africa 2012 in Johannesburg. This presentation focuses on tech innovation hubs, social tech projects in the health, agriculture and democracy space, the impact of both hubs and social projects, with case studies from Indigo Trust's grantees as well as a role for Foundations and the private sector in supporting this work.
1. Digital disruption is happening across many industries like music, photography, retail and will continue accelerating in industries like banking, healthcare and education.
2. There are models to understand the impact of digital disruption and plan transformations through metaphors like "the glass house" and "the package".
3. Organizations need to take transformation into their own hands by developing a vision and plan, creating digital leadership, innovating in different ways, and changing culture.
ANIn Coimbatore April 2023 | Lean,Agile & DevOps-How applied together provide...AgileNetwork
Agile Network India - Coimbatore
Title: Lean,Agile & DevOps-How applied together provides the best outcomes by Shanmuganand Sivaraman
Date: 22nd April 2023
Hosted by : Kovai
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Similar to Agile Network India | Adaptation and Agility in times of Crisis | Abhigya Pokharel
Recent research from the AICPA says that the business environment for CPAs and their clients will be characterized by “unprecedented, massive and highly accelerated change” through 2025. To thrive in this new age of hyper-change and growing uncertainty, it is now an imperative to learn a new competency–how to accurately anticipate the future. This session will show how to anticipate these trends and move from being a crisis manager to an opportunity manager. At the end of the session participants will set actionable steps to elevate and accelerate their organization’s strategy.
How will the ‘mostly linear’ Innovation Processes and their corporate contexts, that have served us well over the past 50 years, be reshaped through disruptive key global trends?
- Exponential technologies - Digitized health sciences - Ubiquitous Internet connectivity - Urbanization and ageing population.
Going Forward
Exponential growth of technology will disrupt every business sector that has significant, and growing, information content.
What will digitalization dematerialization and demonetization create ?Mike Mastroyiannis
This document discusses exponential disruptive innovation and the new world brought about by accelerating technologies. It notes that exponential computer power, mobile internet, artificial intelligence, urbanization, and digitization across industries are creating conditions for massive disruption through new business models. Companies must embrace opportunities to innovate in new ways to survive this disruption. The document provides advice on assessing how different exponential technologies could impact a business and determining what changes may be needed to innovation processes and capabilities. It offers help from the authors in leading companies through this change.
Maximising the opportunities offered by emerging technologies within the chan...Livingstone Advisory
The Australian University sector is heading down the path of seemingly inevitable and fundamental change in both its operating model and role within society. The forces at play are numerous and diverse, fueled in part by the capabilities of modern technologies. These include factors such as increasing global competition for tertiary students, the shift towards a self-funded corporate operating model whilst having to retain academic independence and rigor – all in an environment of the increasing commoditisation of knowledge and intellectual property through emerging vehicles such as MOOCs (Massive Online Open Courses).
In the midst of these structural changes, how well Australian Universities navigate through the current swathe of emerging and potentially disruptive technologies whilst mitigating the longer term systemic risks associated with their adoption is not necessarily a trivial exercise.
In this session, Rob Livingstone offered some practical insights into how CIOs of ‘the University of the future’ can play an active part in helping their institutions thrive in the new environment by maximising the upside potential of new and emerging technologies with known cost and risk, whilst simultaneously managing the multiple versions of reality that exist in the new IT environment.
VeriSM helps organisations to embrace "digital" and provides organisations with practical guidance on how to digitally optimise or digitally transform. Although the subject is a digital world, VeriSM is about business and not only IT. It’s about how an organisation in its totality can survive and thrive in a brave new "digital" world!
VeriSM was received with great enthusiasm because it gave a concept how different frameworks, approaches, resources, etc. can be combined and applied, not just for IT but for every service provider in the organisation. With ‘VeriSM: unwrapped and applied' organizations and professionals get practical guidance in making digital transformation a reality.
Context of digital transformation. econsultancy webinarIrene Ventayol
The document discusses digital transformation at Econsultancy. It provides an overview of Econsultancy's research reports on topics related to digital transformation such as organizational structures, securing board buy-in, insourcing and outsourcing, agility and innovation, and skills of the modern marketer. It also discusses common barriers to digital progress such as legacy systems, finding digital skills, and getting senior management buy-in. Additionally, it examines different organizational structures companies use for digital transformation such as centers of excellence and hub-and-spoke models.
This document discusses building a culture of experimentation within organizations to improve decision making. It outlines four hurdles to good decision making: status quo bias, cognitive overload, the illusion of validity, and authority bias. It then proposes a solution of systematically integrating a framework for business experimentation through a planned multi-step process to overcome these hurdles. This would allow organizations to consistently develop impactful innovations faster than competitors through frequent, structured experimentation and learning.
The taste of innovation build-10 x-valuefactory-90days-master-program-brochureFlevum
Brochure The Taste of Innovation | Beyond Performance Experience
How to build your 10x-ValueFactory in 90 days (introduction)
We leven in opwindende tijden - waarin de manier waarop we met elkaar werken sterk aan het veranderen is, waarin de focus naast presteren, veel meer is gaan liggen op de mens. Leiders zijn zich meer en meer bewust dat als het hun mensen goed gaat, het ook goed gaat met de organisatie.
Uitspraken binnen deze context zijn gedaan door:
Wendy Woods - Sr. Partner Boston Consulting Group: “Smart, committed people. They are our most precious and powerful resource. And many of the innovations that people have created recently enable even more people to contribute in even more substantial ways. That’s a significant part of why I’m so optimistic about our future.”
Ed Catmull - Co-founder Pixar: “Talent is rare. Management’s job is not to prevent risk but to build the capability to recover when failures occur.”
Of denk aan het “Growth Manifesto” initiatief van Neville Isdel (Coca-Cola) hoe terug te gaan naar “living our values”, hoe beter samen te werken en mensen te ontwikkelen om ultieme prestatie mogelijk te maken.
Bovenstaande voorbeelden schijnen hun licht over desastreuze focus op alleen presteren bij bedrijven zoals Enron, Lehman Brothers, Atari, Kodak …
Het feit dat klanten producten en/of diensten afnemen geeft aan dat er waarde wordt toegevoegd. De vraag is:
Welke waarde gaat morgen - onbewust ? - gewenst worden?
Wanneer is morgen?
Hoe maken wij contact met morgen?
Hoe creëert u uw eigen WaardeFabriek die antwoorden geeft op deze vragen?
Uw eigen WaardeFabriek?
DeWaardeFabriek gunt iedere organisatie haar eigen WaardeFabriek, waarin het gezamenlijk op zoek gaan naar EN het realiseren van de waarde voor morgen centraal staat.
Samen met DeWaardeFabriek laten wij u tijdens deze bijeenkomst proeven van de elementen die uw eigen WaardeFabriek succesvol maken. Deze elementen in deze bijeenkomst vormen onderdeel van een master-programma “How to build your 10x-ValueFactory in 90 days” dat speciaal voor Flevum-leden in januari 2016 van start gaat.
Na afloop van deze bijeenkomst gaat u naar huis met praktische inzichten die u direct in de praktijk kunt brengen.
Dit programma wordt inmiddels met succes toegepast bij o.a.:
TATA Steel
Stork
SPIE
World Class Maintenance
Econsultancy provides digital marketing expertise, research, and training to help companies accelerate their digital transformations and drive digital excellence. They offer an enterprise subscription that provides unlimited access to their extensive research library, events, webinars, elearning modules, and customized training programs. The subscription is aimed at helping companies develop their culture, skills, processes, and performance to succeed in the digital world by understanding trends, benchmarking against competitors, and developing high-quality digital teams.
How accessible technologies may enable organizations to achieve diversity and inclusion of all people, irrespective of abilities and disabilities. The benefits may be internal to an organization (employees, regulation etc.) and external to their customers, patients, citizens). This is a topic relevant to all industries, countries and societies.
Individual Project I-3
1. Title
Technology Innovation Project
2. Introduction
Background of the Corporation
Largo Corporation is a major multinational conglomerate corporation which specializes in a wide array of products and services. These products and services include healthcare, finance, retail, government services, and many more. The annual revenue is about $750 million and it has about 1,000 employees. The parent company is located in Largo, Maryland and its subsidiaries are headquartered throughout the United States.
The mission of the corporation is to bring the best products and services to people and businesses throughout the world so they can then realize their full potential.
The corporate vision guides every aspect of their business to achieve sustainable, quality growth:
Productivity: Be a highly effective, lean and fast-moving organization.
People: Be a great place to work where people are inspired to achieve their maximum potential.
Partners: Nurture a winning network of customers and suppliers, together we create mutual, enduring value.
Responsible: Be a responsible citizen that makes a difference through ethical behavior.
Revenue: Maximize long-term return while being mindful of our overall responsibilities.
The company’s culture is reflected in their corporate values:
Leadership: Courage to shape a better future.
Collaboration: Leverage collective intelligence.
Accountability: Own up to your responsibility.
Passion: Committed to excellence.
Diversity: Provide new perspectives into our business.
Quality: We will want quality as part of our brand.
The corporation consists of the parent company and the following subsidiaries:
Healthcare – Suburban Independent Clinic, Inc. (medical services)
Finance – Largo Capital (financial services)
Retail – Rustic Americana (arts and crafts), Super-Mart (office products)
Government Services – Government Security Consultants (information security)
Automotive – New Breed (electric cars)
Systems Integration –
Solution
s Delivery, Inc. (communications)
Media Design – Largo Media (website and app design)
The organization is headed by CEO Tara Johnson who completed her Master’s degree at UMUC and eager to make worthwhile improvements to the corporation. She rose through the ranks of Largo Corporation starting with systems integration, then retail and her last position before becoming CEO was in finance.
The corporation is in a highly competitive environment so the CEO wants savvy employees at many levels to make wise judgments and take an aggressive approach and deliver results towards improving the bottom line yet maintaining corporate social responsibility.
Corporate Issues
Ms. Johnson is very concerned about the outlook of her company. Revenues recently declined and she felt that the organization needed a transformation for the company to do well over the long term. In thumbing through some readings she was inspired when she uncovered the following:
We live in a business world acceler.
The document outlines the nine factors that contribute to successful medical device innovation clusters: commercial success, capital, NGOs, incubators/accelerators, supportive regional government, local supply chain, risk tolerance, commercial infrastructure, and community. These clusters originate when there is an early commercial success that attracts talent, funding, and economic growth to support new entrepreneurs and spin-offs. Collaboration across different players in the healthcare sector including practitioners, researchers, investors, and industry is important for continued innovation.
The Medical Device industry innovates and drives scientific opportunities in specific global markets for a reason. There are common ingredients in these markets that allow Med Tech innovation to thrive from historical early successes to institutional fortitude to state/country support. Whatever the driver was, the other ingredients cannot be ignored to achieve sustainable innovation and sustainable scientific job growth.
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3. Organizations need to take transformation into their own hands by developing a vision and plan, creating digital leadership, innovating in different ways, and changing culture.
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2. Hello, I am ABHIGYA POKHAREL
• More than 13 years of industry experience.
• Speaker, mentor, trainer, coach.
• Agile Scout - Driving the Agile Transformation Program
• Agilist, passionate about driving change in the people, processes & technology domain
• Active member of Agile Nepal, AUG Nepal, Spiral Nepal
3. Disclaimer
I am not a legal expert, nor an economic expert or a business expert. However, I have
passion for agile and business agility, and I have been involved in this domain for the
past few years. The illustrations demonstrated in this presentation have been cited
from various sources as well as taken from my own personal experiences and might not
necessarily represent an optimal process architecture for any particular process.
4. We live in a VUCA World…..
Volatile
Uncertain
Complex
Ambiguous
we face challenges and RESPOND to them…
5. Covid is one of them…….
The impact:
• One of the toughest times for human race.
• Entire world order has been changed /
impacted.
• Economies on the verge of collapse.
• Business severely impacted – closed/ shutdown.
• Social distancing – the new norm.
• Virtual office / schools.
• Lockdowns
6. Source: McKinsey & Company, Dec 2021
Pandemic and inflation are considered to be the top risks for domestic growth
in all regions.
7. Question of
thought..
Awareness about the challenges faced
by SMEs ---
How would you prevent large industry
giants from becoming the inefficient
monopoly?
The pandemic likely to further
exacerbate the income inequality in
the economy, especially between the
rural and urban areas, and between the
highly educated and less educated??
8. What we are going
through now…
• The shock
• Crisis and leadership (responding to
the change)
• Best Practices
• A post crisis crisis
10. Decision making
capabilities in times
of uncertainty is
the key..
behavioral scientist and Nobel Prize winner Daniel Kahneman
11. behavioral scientistand Nobel Prize winner Daniel Kahneman
Emotional
Rational / Analytical
Our brain makes use of two decision making system
One is always preferred over other
12. Test yourself
• Coke and biscuit costs Rs.
110. Coke costs Rs 100
more than biscuit.
• How much does biscuit
cost?
• x + y = 110
• 100 + y + y = 110
• 2y = 110 -100
• y = 5
13. Habits to improve decision making
Practice Practice : put yourself in real situation with uncertainties and critically evaluate
your hypothesis.
Learn Learn few quick technique to eliminate uncertainties.
Decide Decide how you will make up your mind – decide. (what is the time window for
the decision; time window optimization)
Know Know your biases: understand and balance them
14. What decisions organizations made/ making
• Before the pandemic, digital disruption already required
enterprises to adapt to change and make decisions more
quickly than ever. COVID-19 vastly amplified these needs.
• Organizations felt tremendous pressure to make their business
models fit the physical constraints of the pandemic.
• In record time, companies launched new omnichannel
initiatives like buy online, pick up in store, ship from store,
curbside pick-up, same-day delivery, virtual professional
appointments, and more.
• Isinnova redirected its manufacturing processes and resources
in producing ventilator masks instead of snorkeling mask.
• Amazon- shifted its focus of distribution to essential items.
Since, Feb 2020, its sales & profit increased by 30%.
• Show great Agility by pivoting quickly with flexible mindset.
15. Massive acceleration in agile adoption
• Agile methods enabled IT and development teams to collaborate with the business and quickly
adapt.
• This allowed many companies to remain in business and some to even thrive.
• Reflected a massive acceleration in agile adoption, both in software development (37% to 84%)
and IT (26% to 60%), but also in non-IT departments, including finance, human resources, and
marketing, where agile adoption doubled.
• The need for speed will not be temporary — digitization, artificial intelligence and machine
learning, analytics, globalization, cyberattacks will continue to accelerate.
17. Consumer Behavior is Changing
• Purchases are no longer using the traditional channels
• Mobile Apps, Online Shopping, more popular.
• More influenced by online Social Media, rather than
traditional advertising methods.
Online purchases have increased by 6 to 10
percentage points across most product
categories
18. World is Changing
• Global economics and demographics is changing
• Emerging markets are growing rapidly, with
different set of needs, are that are able to
respond quickly.
Business Model is Changing
Digital companies with completely new business models are gaining
advantage.
Innovation is being more important, and technology is accelerating
competition.
19. Adapt to Change and
Adopt It..
Importance of being able to deal with unexpected change
20.
21. But in times of crisis, what is it that give
some companies the ability to adapt
quickly to ensure their survival?
BUSINESS AGILITY
22. Business
Agility
• Ability of an org to rapidly respond to change.
• Be it adapting products and services to changing customer
needs or adjusting to changes within the business
operating environment.
• X factor that empowers individuals, teams, and companies to
innovate, satisfy customers' changing needs and desires, and
swiftly adapt to market shifts
• Some companies are generally more agile than others.
However, Covid-19 has required even greater agility than
ever before.
23. Factors that Promotes Business Agility
Understanding
your employee
needs
Focusing on
emotional agility
Promoting a
culture of
innovation and fail
fast
Relook policies to promote health and
safety of employees.
Medical urgencies in the family.
Flexibility – WFH policies.
Encourage social distancing at office.
Org role to provide emotional stability.
Provide psychological safety.
Provide employees opportunities to
engage, share their fears and gain access
to advice and emotional support.
Allow employees to think out of the box.
Adopt a culture of learning and fail fast.
Build team with learning workers.
Centre of innovation.
Create a learning organization.
24. Source: McKinsey & Company
From organizations as machines to organizations as organisms…
26. Start with the People…
• Operational efficiency requires an approach that optimizes the
relationships between people, process & technology.
• By focusing on only one or two areas, an imbalance is created.
• Many companies believe that by installing a new tool, all of their
problems will go away. But what they’re not seeing is that technology
is only as good as the processes that are implemented around it, and
processes are only as good as the people who execute them.
• Technology can not be seen as the silver bullet.
Operational efficiency for building effective, stable backbone
Leadership
Talent Mgmt.
Culture
Comms
Foster Collaboration
Automation
Quick – (approvals)
IT Infrastructure
Delivery Pipeline
Dashboards, Apps
27. Strategic Agility in Action
1. Identifying opportunities leading to new blue ocean markets.
2. Scaling existing products or services to the new normal.
3. Accelerating digital transformation, upgrading it from a change management challenge to a vital
necessity.
28. Vodafone, Italy– Launched Thermo scanners,
Social-Distancing Bracelets (devices capable of
interacting with one another to
warn when the distance between two employees goes
below two meters).
Dyson Electronics – pioneers in Vacuum cleaners and
fans
Manufactured ventilators in 10 days and shipped
15000.
29. Ford Motor Company in the year 1908, had used a blue
ocean strategy by introducing a car named Model T
specifically to serve the masses. The car only came in
one color but was durable, affordable, and reliable. They
essentially created a new manufacturing process that
produced cars at a fraction of what their competitors
charged— so much that Model T officially replaced
horse-drawn carriages as the main mode of
transportation.
Apple found a blue ocean with its iTunes music
download service back in 2003. Back when music files
(in millions) were being downloaded illegally, they
decided to create the first legal platform for
downloading high-quality music for an extremely
reasonable price.
30. UVD Robotics – Danish Robotics company est. 2018
launched self driving disinfection robots for hospitals –
extended to malls and supermarkets –
now manufacturing and selling disinfection robots to
sterilize stores in Thailand
expanding internationally.
Houseparty – video chat app
Post Covid ; 50 million sign-ups just in the month of
March (2020)
managed to combine video chat with their gaming
expertise to offer multiplayer
games during video calls
premium games are only charged
31. Top
Challenges –
Returning to
work post
COVID
Commuting (time /
lunch prep)
Kids/ pets (virtual
classes / connection)
Safety protocols
(hygiene)
Flexible working
hours
Emotional safety Maintaining clear
and consistent
communication
(virtual and on-site)
32. Conclusion
Organizations in dire need to discover, and leverage
new ways to think about and implement speed
and agility.
Requires sustained commitment to developing higher
levels of organizational readiness, flexibility,
and resilience supported by the people,
processes, and principles that guide and support
the organization.
To successfully adapt to and achieve strong
performance in times of crisis, managers need to
effectively integrate speed and agility in all of
their operations.
34. Where does your organization stand in embracing Lean- Agile mindset?
Plan based delivery Value based delivery
Fear of speaking up Psychological safety to speak up
Silos culture
Engage and Align
Command & control
Collaboration & transparency
Status quo Innovation
Follow standard processes Relentless improvements
35. Where does your organization stand in embracing Lean- Agile mindset?
Plan based delivery Value based delivery
Fear of speaking up Psychological safety to speak up
Silos culture
Engage and Align
Command & control
Collaboration & transparency
Status quo Innovation
Follow standard processes Relentless improvements
Editor's Notes
https://www.the-b2b-webmarketing-hub.com/index.php/2018/03/27/b2b-decision-making-process-the-role-of-emotions/
behavioral scientist and Nobel Prize winner
https://www.youtube.com/watch?v=gEXpTdobfcs
Issinova – Italian startup- manufacturer of full-face recreational snorkeling masks.
Sources: The State of Agile Report provides key insights from the longest continuous annual survey of Agile techniques and practices
Change is inevitable..
pivot quickly with flexible mindset
Blackberry and Nokia who were once the market leaders- could not survive- bzc they were adamant to change; their business models were not flexible to cater the changing demands of the customers. At the same time, Apple saw the market opportunity and understood the customers need and are now the market leaders in the field of technology
online shopping and e-commerce have increasingly become the go-to choice for consumers
E-commerce giants such as Amazon, Walmart, Alibaba, and JD have become more dominant than ever.
On average, online purchases have increased by 6 to 10 percentage points across most product categories
The COVID-19 pandemic may have changed online shopping behaviors forever, both in emerging and developed economics.
illustrates the importance of being able to deal with unexpected change,
An Amazing Way to Deal with Change in Your Work and in Your Life, published on September, 1998
Change is inevitable..
pivot quickly with flexible mindset
Blackberry and Nokia who were once the market leaders- could not survive- bzc they were adamant to change; their business models were not flexible to cater the changing demands of the customers. At the same time, Apple saw the market opportunity and understood the customers need and are now the market leaders in the field of technology
https://academ.escpeurope.eu/pub/IP%202020-32-EN.pdf
Those companies that are able to think strategically and employ an agile mindset are better placed than others to survive and even do well in turbulent times.
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