Comments
Re: The longer run often gets the short end of the stick
@John: Here's something really interesting, on that thought. According to recent research conducted jointly by LogMeIn/Xively and Machina Research, for most companies that have turned to IoT solutions, the reasons had nothing to do with cost savings, efficiency, or any of the other oft-hyped benefits of IoT. Rather, most companies that have turned to IoT have done so solely to pursue a new revenue opportunity dependent upon IoT.
Just goes to show what gets attention in C-suite and how execs tick.
Re: Entangled metaphor
@John: Ahhhhhhhh!!! I only just noticed that brilliant wordplay/juxtaposition!
Kudos to you, Mike! You are an artist.
Re: breakfast
@Mike: Meanwhile, here in liberal, sheltered eastern Massachusetts (the Boston area, anyway), the urban elite around here either 1) has no idea what you're talking about and/or 2) scoffs at such things.
No pig farmers 'round these parts.
Ariella
8/4/2016 6:32:05 PM
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Re: breakfast
@batye like the Mary had a little lamb song.
"It followed her to school one Day / Which was against The rules."
Ariella
8/4/2016 6:33:26 PM
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Re: breakfast
<We learned that pigs don't run well on linoleum and that greased pig contests in confined areas lead to injuries. > @Mike that was certainly a learning experience then! You used the scientific method to discover these causes and effects.
DHagar
8/4/2016 8:08:59 PM
User Rank Platinum
Re: breakfast
@Joe Stanganelli, maybe your elites don't know what pigs are, but they certainly endorse the digital future. I see the east coast (where I was born) as a driver of digital transformation, along with the west coast (where I live).
But the key in Mike's excellent report is the fact that the leading companies are truly embracing technology to transform their businesses into new models, services, cultures, etc. Those companies that are trying to "evolve", instead of "transforming" their businesses, will continue to lag.
batye
8/5/2016 12:02:45 AM
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pmassam
8/5/2016 5:09:56 AM
User Rank Gold
Zoom Out - Zoom In Challenge
Thank you for sharing this Mike. The challenge for some execs with Zoom Out will be the length of expected tenure in post, which is normally driven by more immediate business KPIs. This often leads to a 2-3 year window of opportunity (sometimes enforced) during which time they need to show value.
Culture change needs to happen at chairman/board level to allow adequate time to define and fulfil the vision of what a company wants to be in an increasingly digital world
Re: The longer run often gets the short end of the stick
Joe,
I know one economist who likes to say that the real Zeroth Law of Labor Economics is: people always figure out what they are actually being paid to do, and do that. Applies to the C-suite as much as to anywhere else.
Ariella
8/5/2016 8:52:08 AM
User Rank Author
Re: The longer run often gets the short end of the stick
@JohnBarnes I don't know. A lot of people seem to not really stick with what you'd think is essential to the job -- like being there during the work hours. My daughter has a camp job and reports that the person in charge of her division disappears for a couple of hours every day. Being there from 9 to 4 (with only the mandated 40 minute break) is pretty integral to the job.
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