Digitization – Industry 4.0 – Creating Digital State Of Mind With surrounding of the buzz words like Digitization, industry 4.0, Social Media, it seems like something added on to the business. This addition idea creates the confusion in defining digital
Problem
The dictionary meaning could be – “a matter or situation regarded as unwelcome or harmful and needing to be dealt with and overcome” This applies to the complete organization, its department/s, or even the local team within the department/s. Question
Status Quo
What is your choice – to break the status quo or to maintain the status quo ?… The dictionary meaning of Status Quo could be – maintaining the current or existing state of affairs. Question – Is it good or
Process Ownership
Process ownership is defining one head to be the owner for the specific process- I mean one head and not team or main owner and the deputies etc. My definition – Owner is completely responsible for its definition, executions and
Insourcing Vs. Outsourcing –Support processes?
Does your organization have clarity on mode of execution? In the market a lot has been talked on outsourcing of support processes like HR, IT and even the manufacturing. One may be wondering as to why such outsourcing is done.
How resilient is your organization to torpedoes?
Torpedo # 2 – Digital Disrupters. Every industry is going through profound change as digital technology rapidly and radically changing the core business activity such as – How capital is raised, How new products are created, How customer-driven services
Would Mobile technology kill the CIO?
These days we see many organizations allowing mobile technology to embrace the organization, its communication and even in some cases its systems (departmental and enterprise). This is purely with the because of handy devices becoming capable of handling the
How resilient is your organization to torpedoes?
Torpedo # 1 – Short Term High Frequency Trading noise Companies listed in various exchanges and need to publish the quarterly reports to statutory authorities. This means there is a financial review of Organization by stake holders, shareholders on quarterly
Quick spread of business idea – a business threat?
Indeed yes – it is a business threat. Digital world helps in quick spread of business idea across globe unlike in past where it used to take good amount of time to percolate the idea. This feature enables the competitors
Aligning Technology with Business – Challenge?
As the CIO, Technology head of your Organization, do you have issues in aligning Technology with Business? Don’t be surprised… Many CIOs are in the same boat… Here is why….. 1) Technology itself – Technology companies are coming up with