Tag: digital transformation

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Artificial Intelligence Education Reading

Latest Read: Future Ready

Future ready: The four pathways to capturing digital value by Stephanie Woerner, Peter Weill, and Ina Sebastian.

Future ready : the four pathways to capturing digital value by Stephanie Woerner, Peter Weill, and Ina Sebastian

Stephanie is director and a research scientist at the Center for Information Systems Research (CISR) at the MIT Sloan School of Management. She holds a PhD in Organizational Behavior from Stanford. She has done presentations and workshops for top management teams and boards of large global firms, been a subject matter expert for the Wall Street Journal CEO Council, and moderated a number of panels, including one on the future of financial services for the Federal Reserve.

Peter is professor of Information Systems Research at the MIT Sloan School of Management, and chairman emeritus of the MIT CISR. He holds a PhD in Philosophy from NYU. He has also published in MIT Sloan Management Review, Harvard Business Review, the Wall Street Journal, and academic outlets. Ziff Davis recognized Weill as #24 of “The Top 100 Most Influential People in IT” and the highest-ranked academic.

Ina is a research scientist at the MIT CISR. She holds a PhDs in International Management from the University of Hawaii and is published in MIT Sloan Management Review, Management Information Systems Quarterly Executive, and academic outlets.

So, can you create a future-ready organization? Seems to be the hot topic in the new ChatGPT age of AI. Stephanie, Peter, and Ina are indeed addressing the real world of Schneider Electric’s IoT growth, CEMEX, WeChat, or even Fidelity Investments. Each has made a successful digital transformation to become as future ready as Amazon Web Services.

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Artificial Intelligence Education Reading

Latest Read: HBR’s 10 Must Reads 2024

HBR’s 10 Must Reads 2024: The Definitive Management Ideas of the Year from Harvard Business Review

HBR’s 10 Must Reads 2024: The Definitive Management Ideas of the Year from Harvard Business Review

Perhaps no better way to close 2023 than by digesting HBR’s 10 Must Reads 2024. These articles are a great overview to insights by authors over the last year. Digital transformation is the most impactful as organizations are jumping into AI in markets still impacted by the pandemic.

This actually leads with a challenge for leaders. In “Managers Can’t Do It All” the combination of reengineering, digitization, AI initiatives and the lingering pandemic remote work efforts, the idea of what any “manager” role today has been completely altered.

Organizations must now realize that hiring new managers into your organization require making teams more successful than in the past, prior to the pandemic. their role in coaching has also dramatically changed.

To succeed, organizations must re-define a manager’s role. Case studies with Standard Chartered, IBM, and Telstra reveal these organizations help managers develop new skills, alter long standing processes yet also redefine roles and responsibilities in order to strengthen new organizational priorities.

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Artificial Intelligence Education Innovation Reading

Latest Read: The Technology Fallacy

The Technology Fallacy: How People Are the Real Key to Digital Transformation by Gerald C. Kane, Anh Nguyen Phillips, Jonathan Copulsky and Garth R. Andrus.

The Technology Fallacy: How People Are the Real Key to Digital Transformation by Gerald C. Kane, Anh Nguyen Phillips, and Jonathan Copulsky

Gerald holds a PhD in Information Systems from Emory University. He is a Professor at the University of Georgia. Anh holds a BA in Humanities from the University of Central Florida. She is a Global CEO Program Research Director at Deloitte. Jonathan holds an MBA from Stanford University. He is Senior Lecturer at Northwestern University. Garth holds a PhD in HR from Vanderbilt University and today is a principal with Deloitte. He a professor of organization studies at both Vanderbilt University and George Washington University.

The Technology Fallacy provides deep insights of more than 16,000 individuals surveyed by MIT Sloan and Deloitte measuring the challenges of digital disruption. In addition, interviews with managers at Walmart, Google, and Salesforce reveal digital disruption will be ongoing and the average worker will experience numerous waves of disruption.

Gerald, Anh, Jonathan and Garth provide organizational leaders a guide to survive the oncoming waves. However to their benefit, leaders need not concern themselves of a technology deep dive. The focus of this book is how organizations must adapt to not only embrace the power of technology, but also stay competitive. For leaders digital disruption is focused upon their employees and the impact digital transformation will make upon their organization’s workflows. Perhaps best stated, only implementing the correct digital technologies for your organization will certainly not be enough to find success.

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Artificial Intelligence Education Innovation Reading

Latest Read: Beyond Digital

Beyond Digital: How Great Leaders Transform Their Organizations and Shape the Future by Paul Leinwand and Mahadeva Matt Mani.

Beyond Digital: How Great Leaders Transform Their Organizations and Shape the Future by Paul Leinwand

Paul is Global Managing Director with Strategy& and is a principal with PwC US. He is an adjunct professor of strategy at Northwestern’s Kellogg School of Management and has served as an adviser to many nonprofit organizations. He holds a Masters in Management from Kellogg.

Mahadeva Matt Mani leads the PwC/Strategy& transformation platform. He is also a principal with PwC US. Matt holds a Masters in international public policy from Johns Hopkins University.

In Beyond Digital, Paul and Matt take readers on a deep dive across 12 organizations to learn how to succeed in navigating the challenges of digital transformation. And by digital, they address the following: the internet is 50 years old, IBM’s PC was introduced 40 years ago, Apple is 45 while even Google is 25. Getting ‘to’ digital is not enough anymore. especially in a post pandemic world. Paul and Matt are focusing on the new forms of digital competitive advantages. Your organization may feel like it is in the game, but perhaps you’re on the sideline. Some organizations may even be watching from the stands. they just do not realize how they missed their digital transformation.

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Artificial Intelligence Education Reading

Latest Read: HBR’s 10 Must Reads on Leading Digital Transformation

HBR’s 10 Must Reads on Leading Digital Transformation by Harvard Business Review published in January 2021.

HBRs 10 Must Reads on Leading Digital Transformation by Harvard Business Review

This outlines a much needed read on the hot topic of digital transformation. The issue to certainly understand is how this differs from digital disruption. There are several articles that really stand out and make this a valuable read for all organizations regardless of their AI maturity level.

A key must read is Leandro DalleMule and Thomas H. Davenport’s “What’s Your Data Strategy?” This was a bestselling article from HBR. and their article is another can’t miss addressing data. Simply put, in order to remain competitive in a post pandemic world, organizations must manage the quantities of data very carefully.

Perhaps their suggestion of ShadowIT leaving flawed n and duplicate data within an organizations will hamper any true embrace of AI.

In addition they address how organizations must strive to develop a balanced strategy between offensive and defense data management. this is a really great read. Again, looking at a post pandemic world, regardless of marketplace, organizational data must be viewed as a key strategy as we embrace data lakes.

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