csra1

Past Issues

Themes

Strategic Opportunities

Mobile Tools for Digital Transformation

Join Discussions

I invite your voice in these conversations on other blogs:

Big Data in Healthcare and Education: Two Examples

Big Data in Healthcare and EducationBig Data in Healthcare and Education shares how U.S. and UK government agencies used big data & analytics to help evolve national policy and outcomes. These examples are useful because they show the range of big data projects; the U.S. example is simple, yet it has profound impact on the health of the citizenry and therefore on the economy. The UK example is more involved and shows in depth how organizations can use big data to address expensive programs that are full of unknowns—like national education.

This post shares my notes from a recent Deloitte Dbriefs webcast, Analytics in Action, which you may watch and download its slides. The webcast was moderated by Steve Dahl, and David Weir and Haris Irshad presented the examples.

[…]

Facebook As Investment: How Trust Issues Block Its Best Path to Wealth

Facebook As Investment: How Trust Issues Block Its Best Path to WealthFacebook As Investment: How Trust Issues Block Its Best Path to Wealth describes why Facebook needs to change its orientation to users to unlock its full wealth potential. Over the past month, it has been de rigeur to comment on Facebook’s IPO and “quality” as an investment, but I decided to hold back until I could free a window to consider the matter in sufficient detail. The result is the “Facebook As Investment” trilogy, of which this is the first part. Part Two analyzes Facebook-the-platform’s investment prospects. Part Three advises executives on how to isolate their social business investments from Facebook business risks.

I did not buy into Facebook and do not plan to invest in its stock. I think it is a fantastic social venue and platform in which to connect with people (“stakeholders,” friends, associates..)—personally and for enterprises and brands. However, as I’ll argue here, Facebook‘s Achilles heel is a significant trust gap with most of its stakeholders. Its trust gap will make it difficult for Facebook management to fully monetize […]

Book Review: Monopoly Rules/How to Find, Capture and Control the Most Lucrative Markets in any Business

Situational Monopoly Is a 21st Century Profit Maker—Debunking Strategy Sacred Cows

monopolyrulesSince the 1990s, I have advised clients in many industries on using disruptive technology to change the rules, and one of the themes that has constantly recurred is companies’ decreasing ability to maintain high profits from product businesses. Products are not as profitable as they used to be. In the Industrial Economy, product life cycles were long because communication was infrequent and poor compared to today, which prolonged ignorance and novelty and product life cycles. It took years for fashions to cross the Atlantic, through the 1980s. Now fashions emerge simultaneously no matter where they originate. Today, novelty is consumed with alacrity, erasing differentiation and price premiums.

To reference one statistic, in 2011 two billion people access the Internet, one third of the global population. They have access to infinite amounts of information and relationships. They share information about using products and services to create value in terms of their situations, and other people find them and interact. When people interact, they make each other smarter, fast. They expose product shortcomings […]

Transforming U.S. Health Care via Consumer Empowerment

Regina Herzlinger Keynotes Chicago Healthcare Executives Forum 35th Anniversary

Five-Point Prescription for U.S. Health Care—Involving Patients

healthcareCHEF Chicago’s hospital executives listened raptly to Dr. Regina Herzlinger‘s impassioned message for transforming U.S. health care at their 35th anniversary celebration this month at the J.W. Marriott in Chicago. Dr. Herzlinger is respected and renowned for her message, so there were few surprises. The most distinctive element of her point of view is her strategy for taking a retail-led approach to transforming health care. She is very market- and consumer-focused, which is refreshing because it relies on the market and customers at least as much as the government. “Who Killed Health Care?” is her latest book, and she is a regular advisor to federal and state government officials.

[…]

Are Geosocial Apps Foursquare, Gowalla, Loopt & Brightkite Ready for Prime Time?

If your business involves physical locations, geosocial applications represent a tantalizing possibility: people can talk about their presence and experience at one of your locations and, potentially, friends of their friends that have the same interest (or thirst). It adds long tail digital grease to conditions on the ground at a retail location. […]

PopTech Maps Course of Social Change

These three examples showed how digitally produced social information could change entrenched human problems like war, excessive punishment and imprisonment and mass death by natural disaster. As such, they serve as examples of widespread change that will occur thanks to social networks and work processes. […]

LinkedIn Body Language: How Touch Creates Stronger Connections

To fully appreciate how “touch” applies to LinkedIn interaction, imagine yourself as a human brain. Through the centuries, you have evolved, and one of your key survival mechanisms is discerning how much of the truth someone is sharing with you. Hence, you rely on nonverbal communication, which is much more difficult to fake because people are less aware of it than they are of their words. […]

Noodle VIII: Tablets Won't Save Mainstream Media But ProAm Might

The WSJ succeeded in charging for content because their content was traditionally part of their customers’ workstreams. When your livelihood depends on something, you pay. Most “news” and media entertains, it has little financial impact. […]

Social Networking Conference Miami 2010 Wrap: Market Opportunities, Good Practices

Social networks change the economics of relationships because finding, developing and maintaining relationships is far less costly… Watch the migration from Friendster=>MySpace=>Facebook=>? It was relatively fast, people are mobile… Don’t think you are getting anything for free. Even if you are not paying cash, your interactions and position are building a rich data repository for Google or whoever else is providing “free” services […]

Blogging: Quick Launch Guide

Quick launch guide to blogging for executives and professionals: get online with WordPress or Blogger in about an hour: how to pick a blog platform, write your first post, configure antispam and manage and grow. Tips on content strategy and using categories and tags. […]