The Next Big Thing
Posts about next generation technologies and their effect on business.

A bit more on strategy and change

 

questionsandanswers.jpgI got a note that my previous post on strategy and change was a bit too terse. I made assumptions that people understood my references. Since that post was an excerpt from one slide of a longer presentation, I may not have given enough context to understand the bullets. I’ll take another crack at providing context (through links). Hopefully between the two posts, I can answer the questions and get the points across.

 

  • Many of the factors that enable change are predictable – in the presentation I talk about how there are laws like Moore’s law (and a number of others) that can be used to predict what the future will be like. People can think about their corporate goals, investment plans and other drivers as well as the timeframe for investment… and extrapolate out the types of technology that should be available and what it might mean. This may shift how the change can be implemented.

  • Scarcity affects value – Too often organizations behave like what is valued for its scarcity will still be true in the future, or that what constrains us from generating value a certain way will still be constraining going forward. Most of the IT systems currently in production were based on a scarcity model – the assumptions their design was based on may no longer be true. Data is not going to be scarce in the future, but the business context described by the data may still be. The attention of the employees most certainly will be scarce. If we need to consume more (of what’s abundant) to generate even more value from what's scarce – that is not a bad thing.

  • The rate of change and transformation is increasing – There are many different forces pushing businesses to change and adapt. These will be enabled by IT and essentially add fuel to the fire. We need to stop thinking of change as a periodic disruption of the status quo and instead see it as a river of change. It may go slower or faster, but it doesn’t stop. We need to be flexible and adapt and generate energy from it, not try to hold it back. We need to automate action as well as improve interaction.

  • The increasing digitization not a replacement for today’s processes and systems – Systems of record (e.g., ERP) are still going to be important. They record the transactions that keep a business running. We can surround them with better interfaces and automation, but don’t think that everything can be replaced with whole new concepts. They may be on new platforms… but we still need to keep records.

  • Social influence is beyond the control of any individual ecosystem – This was focused on newer methods to take advantage of social -- techniques like gamification or crowdsourcing that tap into the power of others need to be part of our toolkit.

I try to keep these posts short, but fortunately there is always an opportunity for another one.

 

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