It’s easy to think that digital business success depends on becoming more mobile, social, and analytical. But that barely hints at how digital technologies are changing business. SMACIT (social, mobile, analytics, cloud, internet of things)—and more recent technology arrivals like artificial intelligence, robotics, and biometrics—are ridiculously affordable, easy to use, and powerful. Anyone can acquire and use these technologies—your customers, your employees, your partners, your competitors (and your future competitors). Consequently, you will never generate a competitive edge by simply adopting some digital technology. How will companies create competitive advantage digitally? Speed and integration—the antithesis of what most established companies are designed for. Thus to become more agile and integrated, companies must not only use digital technologies effectively, they must fundamentally redesign themselves. Drawing on examples such as Philips, LEGO, Schneider Electric, and BNY Mellon, we describe how big, old companies are designing themselves for digital success.
Technology Trends to enable Supply Chain digitalization Advanced Demand Analytics and its Impact on Business Performance Implementation: Global Retailer Requirements for Success
Moderator: Randall Field Speakers: - Sertac Karaman (17 minutes) "The path towards autonomous vehicles on our roads" - Sanjay Sarma (17 minutes) "Digitalization of the mobility value chain: opportunities and implications"
Over the past decade, new digital technologies have re-defined mobility in urban areas through new on-demand mobility services offered through a sharing economy model. This session will explore future opportunities associated with digital transformations of the mobility value chain and will assess the implications linked to these transformations from a strategic perspective. In particular, the technological foundations of in-vehicle digitalization will be explored for the case of autonomous vehicles, with a focus on assessing current technical implementations and potential technical solutions.
Just paying employees well isn’t enough. For a business to succeed it must have operational procedures that allow for high productivity and empower employees to contribute to a company’s success. Professor Zeynep Ton will discuss the importance of a human-centered operations strategy and how operational innovation can increase the productivity and contributions of workers and create positive outcomes where customers become fans and your organization is set up for success.