Increasing Enterprise Value by Mitigating Multiple Risk
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Increasing Enterprise Value by Mitigating Multiple Risk
By: Jim GitneyI was recently asked by an executive about how he should manage the division he just took over as its president. I told him to “Manage it like you are going to sell it – Optimize enterprise value and mitigate multiple risk”. The executive gave a strange look and asked why that mattered. Many leaders think that their only measure of success is the P&L–the amount of operating profit the company generated. Those who believe that are missing …Read MoreThis entry was posted in Business Transformation, Strategy 5.0, Value stream mapping, on June 6, 2018 -
Group50® Consulting announces Scioebc™ the first Blockchain product powered by THINaër, the end-to-end platform for the Internet of Things
By: Jim Gitney
By Jim Gitney
April 17, 2018
Los Angeles, CA – Group50 announced today the launch of Scioebc™, a next generation supply chain product that utilizes the blockchain and is powered by THINaër, an IoT platform building The Internet of People, Places and ThingsSM. …Read More
This entry was posted in Blockchain IoT, Business Transformation, Healthcare, Information Technology, Manufacturing and Distribution, Strategy 5.0, Supply Chain Optimization, on April 17, 2018 -
Five Things You Need To Do To Drive Continuous Improvement – Part III – Culture of Strategic Execution
By: Jim Gitney
Many people believe that continuous improvement is a culture. It certainly is in the eyes of the Japanese and many others, but is continuous improvement really a culture or something else? …Read More
This entry was posted in Business Hierarchy of Needs®, Continuous Improvement, Driving Continuous Improvement Series, Strategy 5.0, Value stream mapping, on February 20, 2018 -
Opening Doors to the Internet of Everything ( IoE ) in Healthcare
By: Shirish Nene
The explosion of smart devices, analytics engines, big data, and internet connectivity have thrown open the doors to an incredible set of business opportunities in Healthcare. Companies and institutions are recognizing that the Internet of Everything ( IoE ) has to be …Read More
This entry was posted in Business Transformation, Healthcare, Information Technology, Strategy 5.0, on December 18, 2017 -
Four steps to the Internet of Everything ( IoE )
By: Shirish NeneThe Internet of Everything: 8.4 billion and $2 trillion! Those are the estimated number of connected ‘things’ on the internet and the amount spent on these devices and services by the end of 2017, according to a Gartner study. The number of connected things is expected to …Read MoreThis entry was posted in Business Transformation, Continuous Improvement, Cost Takeout, Healthcare, Information Technology, Manufacturing and Distribution, Strategy 5.0, Value stream mapping, on December 14, 2017
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Are Your Digital Technology Platforms and Information Technology Processes Aligned With Your Business? – 8 Questions You Need to Answer
By: Shirish NeneMiddle market companies are challenged with leveraging their investments in Digital technology and IT infrastructure. Their systems are typically a patchwork quilt of software and hardware products that have been bolted together. They need systems that are scalable, sustainable, cost effective, available 24×7, …Read MoreThis entry was posted in Business Transformation, Information Technology, Strategy 5.0, Supply Chain Optimization, on October 17, 2017
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IT Transformation For A Leaner, More Nimble Business
By: Shirish Nene
In an earlier blog we saw that a well-crafted IT transformation strategy (a.k.a. cost takeout strategy) is so much more than a once and done cost reduction exercise. A cost takeout strategy orchestrates …Read More
This entry was posted in Business Transformation, Cost Takeout, Information Technology, Strategy 5.0, on September 29, 2017 -
To DC or not DC that is the question – Data Center (DC) and Cloud Strategies – Part I
By: Shirish Nene
As cloud services have proliferated in the last decade, companies are increasingly asking themselves if they really need to have their own in-house datacenter. The digital footprint and budget for small companies often does not warrant the cost …Read More
This entry was posted in Information Technology, Strategy 5.0, on August 29, 2017 -
INOCULATING INFORMATION TECHNOLOGY AGAINST ANTI-STRATEGY – PART IX
By: Shirish Nene
The first blog in this series identified the phenomenon of Anti-Strategy as well-intentioned decisions made by senior leaders that are functionally focused because of a lack of a clear business strategy. With digital and information technology (IT) getting firmly established as a strategic corporate asset for middle market companies, we turn our attention to …Read More
This entry was posted in Anti-Strategy, Information Technology, on August 23, 2017 -
Five Things You Need to Do to Drive Continuous Improvement – Part I – Alignment to Strategy
By: Jim Gitney
In the introduction, I identified 5 things you need to do to drive continuous improvement. They are:
- Align continuous improvement with strategic objectives
- Don’t overdo process excellence at outset; this is an evolutionary process
- Integrate continuous improvement into a culture of strategic execution
- Blend the best practices from the different methodologies
- Focus on data, not emotions
In this article, we show how business strategy should drive continuous improvement programs and not the other way around. Continuous improvement …Read More
This entry was posted in Anti-Strategy, Continuous Improvement, Driving Continuous Improvement Series, Strategy 5.0, Value stream mapping, on August 18, 2017
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