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Manufacturers Can Also Win in the Sharing Economy

2018/01/22January 1, 2018

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The sharing economy isn’t all bad news for manufacturers of big-ticket items such as cars. Research suggests that in some circumstances, manufacturers can charge higher prices to customers who are planning to rent out those goods.




Four Logics of Corporate Strategy

2018/01/22January 1, 2018

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Organizations often struggle with corporate strategy because executives lack clarity on how parts of the business fit together to create and capture economic value. A simple framework can help leaders understand the relationship between corporate and business unit strategies.




How to Develop a Strategy for Execution

2018/01/22January 1, 2018

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When developing strategy for execution, managers often want to start by setting their strategic priorities, but that’s a mistake. Management teams should start by identifying the corporate vision and critical vulnerabilities — both of which help clarify and shape priorities.




CIOs and the Future of IT

2018/01/22January 1, 2018

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Chief information officers need to oversee all of IT — in close collaboration with marketers and the business units. Only then can companies deliver digital experiences that win, serve, and retain increasingly demanding customers.




Could the Big Technology Companies of Today Be the Financial Advisers of Tomorrow?

2018/01/22January 1, 2018

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Although traditional financial services companies now offer mass-market financial advice via “robo-advisers,” average U.S. customers seeking investment advice are still underserved — and platform-based digital powerhouses like Amazon are taking notice.




Integrating Analytics in Your Organization: Lessons from the Sports Industry

2018/01/22January 1, 2018

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The successful use of analytics in sports, both on the field and off, comes down to integrating analytics within an organization. Three strategies — collaborative analytics, a common language, and accessible technology — are key.




Turning Strategy Into Results

2018/01/22January 1, 2018

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Businesses develop strategies to address complex, multi-layered business environments and challenges — but to execute a strategy in a meaningful way, it must produce a set of specific priorities focused on achieving clear goals. Rather than trying to boil the strategy down to a pithy statement, executives will get better results if they develop a small set of actions that everyone gets behind.




Building Serverless Applications

2018/01/20January 16, 2018

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Learn to master serverless application development step-by-step, and make your first unique, advanced application About This Video An extensive course to give you a better serverless framework in your applications. Covers the implementation of serverless architecture and how to build your own serverless framework Shows how to solve the most common serverless framework problems. In Detail Serverless applications have been transforming web development for the last few years. They help you manage the complexity of today's applications and tackle the demands of today's users in a way, unlike any other previous serverless framework. This course will take you through serverless applications using AWS Lambda. In this course, you'll build a Slack bot to manage tasks. Slack users will be able to send tasks to the bot, get all pending tasks in the Slack channel from the bot, and complete individual tasks; when a task gets close to the due date the service will send a reminder to Slack. The course will teach you to write your first serverless application with events and triggers. Moving ahead, you will learn to deploy your application to the cloud and study the tools used in creating applications. Use this course to finally get to grips with a serverless application, and become a more confident and smarter developer. The course will help you understand what serverless applications are and how you can use them to build a production-ready application.




A New Approach to Designing Work

2018/01/20January 1, 2018

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The goal of this article, according to the authors, is to help managers understand several key work design principles that undergird not only agile practices in software but also Toyota Motor Corp.'s well-known production system. Understanding these underlying work design principles — through a framework the authors call dynamic work design — enables managers to create work processes in their own organizations that are both more flexible and more efficient. Traditionally, an academic theory known as contingency theory has suggested that if work consists of well-defined tasks (for example, assembling components), then it is best to organize it serially, like a factory assembly line. Conversely, if work is highly ambiguous and requires ongoing interaction (for example, designing new products), then it is best organized collaboratively. The authors argue that this approach to work design is not entirely satisfying for two reasons. First, it describes an unpalatable trade-off: Work done using a serial factory design isn't very flexible, making it hard to adapt to changes in external conditions, and work done using the collaborative approach often isn't very efficient. Second, few types of work perfectly fit the archetype of well-defined or ambiguous work. The authors instead advocate a dynamic approach to process and organizational design that transcends the serial versus collaborative work framework by creating mechanisms for moving between the two basic ways of organizing work at appropriate intervals. By identifying mechanisms to cycle back and forth between well-defined factory-style tasks and collaborative modes when appropriate, managers can considerably reduce the trade-off between efficiency and adaptability. For example, work on Toyota assembly lines is the epitome of the serial, mechanistic work design, and tasks are precisely specified. But sometimes things go awry. In the Toyota scheme, a worker noticing such an issue is supposed to pull the Andon cord (or push a button) to stop the production line and fix the problem, which temporarily changes the work design to a collaborative problem-solving mode. Once the problem is resolved, the operator returns to the serial work design. The authors argue that movement between the two work modes is also the key to understanding the success of agile software development methods.




What Sets Breakthrough Strategies Apart

2018/01/20January 1, 2018

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Composing valuable strategies requires seeing the world in new and unique ways. It requires asking novel questions that prompt fresh insight. Even the most sophisticated, deep learning-enhanced computers or algorithms simply cannot generate such an outlook. Innovative strategies depend more on novel, well-reasoned theories than on well-crunched numbers.