Staying competitive and relevant are two key issues on the minds of senior leaders and boards of directors. The rapid evolution of technology plays a pivotal role in addressing these two issues. To successfully navigate the digital landscape, leadership teams turn to digital technology consulting firms like Group50^® Consulting. They do so to (more…)

The implications of Industry 5.0 and the Internet of Everything ( IoE ) are not fully understood by leadership teams.  How to get there is a larger challenge.  It needs to be a strategic discussion in the board room and in the C-Suite.  Its impact, while seemingly obvious is not! Technology (more…)

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 (more…)

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 (more…)

It was a month ago that I did a Blockchain and IoT workshop with over 65 Aviation executives at the IAFS Planning Summit in Denver.  In that workshop, I discussed Blockchain and IoT applications in the Aviation Industry.  I did an informal pole and found that the average understanding of Blockchain and IoT amongst executives is (more…)

The 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 (more…)

We consistently hear from middle market CIO’s that the three items at the top of their strategic charter are:

1. Taking cost out the business,
2. Greater agility to meet changing market conditions
3. Improving and sustaining a close Business-IT alignment. 

Where and how your IT infrastructure is housed significantly impacts (more…)

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 (more…)

‘Anything that won’t sell, I don’t want to invent.’ – Thomas Alva Edison

Not only did Edison distinguish himself through his technical acumen and limitless perseverance, but as this quote suggests he also possessed rare common sense and a willingness to step into his customer’s shoes.  Many of his contemporaries (more…)

Middle market leadership teams are faced with the challenge to maintain their competitiveness in the marketplace and keep up with the fast-paced changes in technology.  They are on the threshold of a new world of operational efficiency, productivity and customer engagement.  When speaking with senior leaders of middle market companies, we routinely hear the following questions: (more…)