Comments
mpouraryan
3/16/2016 7:31:04 PM User Rank Platinum
Re: paradox
AlphaGo Closed the deal The Final score was 4-1. What I hope all think about is this profound column published in the New York Times today as I share the closing thought: "...We still have a long way to go, but the implications are profound. As when James Watt introduced his steam engine 240 years ago, technology-fueled changes will ripple throughout our economy in the years ahead, but there is no guarantee that everyone will benefit equally. Understanding and addressing the societal challenges brought on by rapid technological progress remain tasks that no machine can do for us..." Here is the link for reference: http://www.nytimes.com/2016/03/16/opinion/where-computers-defeat-humans-and-where-they-cant.html?ref=technology
DHagar
3/16/2016 4:51:16 PM User Rank Platinum
Re: paradox
@ms.akkineni, well said. Which brings us to the core issue, you either have to be willing to let go of the past and learn (and fail fast) or continue to use the old ways. Those who move forward create the new opportunities - but are willing to learn new things.
DHagar
3/16/2016 4:48:34 PM User Rank Platinum
Re: paradox
@mpouraryan, great thoughts on leadership and change - I think that is the critical need. Love the analogy of the Titanic!
Have you heard who won the final Go round?
DHagar
3/16/2016 4:42:58 PM User Rank Platinum
Re: paradox
@ms.akkineni, yes, and that is particularly the case with healthcare providers. They are just moving into digital transformation and do not have the infrastructure, expertise, or culture to compete with the resources of the large systems. So they are truly at a disadvantage.
Re: paradox
the need to change is no longer optional...
@DHagar:
This is so true. We are living in a challenging era where change has become kind of mandate provided you like to be complaint in all aspects. Ofcourse there is always a choice where you don't mind to remain just your oneself and off the stream.
Change here refers to one and all: An individual, companies both small and big and every single entity. In these evolving times all entities mentioned above must be ready to welcome any and every change and be ready to adapt. This is the key if you want to grow in all aspects.
mpouraryan
3/16/2016 12:54:08 PM User Rank Platinum
Re: paradox
Thanks as always @DHagar for your perceptive thoughts.
The essence of leadership, as I see it, is about change--and transformation is at the heart of it. I remember a former CEO I worked for talked about how companies were like the Titantic and changing course was hard. This is a risk that the Majors (Amazon; Apple; Google et. al) have to guard against to stop being complacent. As we are witness to the apparent new announcement by Apple next week, we'll have to see if and when Apple for instance can maintain the magic, whether Amazon can be the true "value creator" and Google can continue to amaze--as they clearly have with DeepMind.
Truly interesting times...no question...
DHagar
3/16/2016 12:29:42 PM User Rank Platinum
Re: paradox
@mpouraryan, you may be right about "Change Per Se" for all - including the followers. But the leaders have changed - maybe that will generate momentum?
Good point on the size and big minimizing creativity. I think that is true - that's why the innovative companies continue to "branch off" new creative divisions (i.e., Google, Apple, etc.) to support and grow the innovations within a big company. I think this is a true challenge.
Re: Amazon - they are disruptive, I do not yet know if they are a leading value creating company - I think the jury is still out on that - although their stock is rising.
I think we will know the winners who are original from those that are not. I think this has truly created a more competitive race and the need to change is no longer optional. Maybe that suggests a better future for products/services?
DHagar
3/16/2016 12:24:35 PM User Rank Platinum
Re: paradox
@ms.akkineni, thank you - we share the same vision.
This is a true win/win solution that is sustainable, in that it continues to produce value and receive value.
mpouraryan
3/16/2016 1:01:05 AM User Rank Platinum
Re: paradox
I am not sure that it has, Per se, Changed. Although Amazon, for instance, has defied the rules as it has not made much money yet it continues to be the juggernaut that it is. I would also note that winning, ultimately, is a subjective principle. That's the challenging part, isn't it. What is also of concern is how getting bigger will stifle the very creativity that we've come to expect from such transformational efforts.
mpouraryan
3/16/2016 12:58:22 AM User Rank Platinum
Re: paradox
Ingram got bought out for 6 Billion. This underscores the high valuation and how it becomes ever more difficult for the "small" to "midsize" players to actually be a player. Frankly, I find it scary because even if you find a "niche" to be good at, you will eventually want to get out if the price is right.
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