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Recession Planning Workshop
By: Admin
We are in a recession as declared by multiple well known business and financial leaders in a recent Forbes article. I completely agree and believe that this will parallel the financial crisis of 2009. Given that this atypical recession is here with unprecedented speed, Group50 has put together a Recession Planning Workshop that is designed to provide senior leaders and stakeholders with a full view of the inherent recession risk in a company. The workshop has an elapsed time of 1-2 …Read More
This entry was posted in Business Transformation, Strategy 5.0, on March 16, 2020 -
The Art of War – Strategic Planning and Strategic Execution
By: William Eveleth
There is a book; a book said to be so profound that any general or leader who implemented its teachings and strategies would be invincible. The book was kept in the Forbidden City and shared only with the most elite. The book was written around 500 BC, it’s old, very old. Word of the magical book had spread through myth and conjecture over the centuries. Imagine …Read More
This entry was posted in Business Transformation, Strategy 5.0, on February 1, 2020 -
What is OMNI Channel? – Where Does It Fit?
By: Jim Gitney
All of our clients are having OMNI channel discussions these days. Why? Because OMNI Channel is the front end of the supply chain and has a significant impact on supply chain optimization. These discussions are fraught with a lot of misunderstanding of what OMNI channel is and how it supports the company’s Market Effectiveness. Googling OMNI Channel delivers …Read More
This entry was posted in Business Transformation, Information Technology, Market Effectiveness, Strategy 5.0, Supply Chain Optimization, on January 25, 2020 -
CRM Traps and Pitfalls to Avoid
By: Jim Gitney
Since the inception of Sales Force in 1999, CRM has gained incredible popularity in just about every business. Recent research indicates that over 90% of companies with over 11 employees use some kind of CRM. It is now used to document any customer related information you can think of and is part of a company’s Market Effectiveness. The great news …Read More
This entry was posted in Business Transformation, Information Technology, Market Effectiveness, on January 25, 2020 -
Why Should You Care About Blockchain and IoT?
By: Jim Gitney
Over the last 2 years, the hype around blockchain has cooled down significantly and IoT continues to penetrate everything we do. Our use case research has found over 400 significant business implementations in just about every industry and it is expected that the 12 billion IoT devices in 2020 will grow to 25 billion by 2025. The World Economic Form believes that Blockchain and IoT has the potential to reduce cost in global GDP by $3-5 trillion over the next 6 years. I believe that number is understated.
So, why should you care? …Read More
This entry was posted in Blockchain IoT, Business Transformation, Manufacturing and Distribution, Supply Chain Optimization, on July 13, 2019 -
The Internet of Things – IoT : Making sense of Its Components
By: David O'Connor
The phrase “Internet of Things (IoT)” or “Internet of Everything (IoE)” and its application to manufacturing and distribution does not bring to mind a concrete set of images or business approach to most senior executives. In fact, the opposite is true, …Read More
This entry was posted in Blockchain IoT, Business Transformation, Information Technology, Manufacturing and Distribution, on May 17, 2019 -
Digital Technology as a Strategic Asset
By: Shirish Nene
Companies today increasingly recognize Digital Technology and IT infrastructure as a strategic asset that provides companies with the ability to effectively compete in its’ marketplace – an observation underscored by the Nash KPMG 2017 CIO Survey finding that CIOs sit on 62% of executive boards as opposed to 38% in 2005. While their relative importance varies slightly from year to year, the C-Suite charter for Digital Technology consistently features the following items: …Read More
This entry was posted in Blockchain IoT, Business Transformation, Information Technology, Strategy 5.0, Supply Chain Optimization, Total Cost of Ownership, on April 19, 2019 -
The Need for Technology Succession Planning
By: Jim Gitney
Most organizations do Leadership Succession Planning at some level of effectiveness. Very little has been written about the need for incorporating technology succession planning and while technology leadership is part of the standard succession planning model, little is done about succession planning and skills development for subject matter experts, their supporting teams and successive upgrades and new technologies. Teams …Read More
This entry was posted in Business Transformation, Information Technology, Organizational Development, Strategy 5.0, Supply Chain Optimization, Talent Management, Value stream mapping, on February 10, 2019 -
Developing an IoT strategy for your business
By: Jim Gitney
Most companies are struggling to identify the value of IoT (Internet of Things) and Blockchain in their business. That is partly due to the relationship between Strategy and IoT. While there is a need to have an IoT strategy, it needs to be a subset of the ultimate business strategy. IoT is an enabling technology that allows the business to rethink it strategy, how it goes to market and the product road (goods and services) that IoT enables. As a result, …Read More
This entry was posted in Blockchain IoT, Business Transformation, Cost Takeout, Information Technology, Manufacturing and Distribution, Strategy 5.0, on January 9, 2019 -
Blockchain – IoT Strategies and Use Cases – Oil and Gas Industry
By: Jim Gitney
Blockchain and IoT technologies provide an opportunity to significantly reduce upstream and downstream costs in the Oil and Gas Industry. The World Economic Forum estimates that the digitization of the Oil and Gas industry could unlock $1.6T of value globally and realize $140B in productivity. While Blockchain and IoT won’t be …Read More
This entry was posted in Blockchain IoT, Business Transformation, Information Technology, Manufacturing and Distribution, Strategy 5.0, Total Cost of Ownership, on September 29, 2018
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