New IBM CSuite Study - Flourishing in an era of continuous disruption
I am loving the new C Suite study on flourishing in this world of disruption! Here's my favorite top AHAs from the study!
Prepare for digital invaders: Competitors are emerging to digitally disrupt business models and re-shape industries. Airbnb, Fitbit and Uber exemplify the new digital invaders and “ankle-biters” – focused competitors with the lethal combination of no legacy costs and the superior value to rapidly amass market share.
New competitors also are emerging through industry convergence, with traditional boundaries eroding as expertise from one sector is applied to another - for example, defense contractor Lockheed Martin partnering to develop personalized health and wellness solutions. C-suite executives see this trend rising above all others in the next three to five years.
Create a panoramic perspective: All business strategy is technology strategy. Most C-suite executives interviewed believe cloud computing, mobile solutions, the Internet of Things and cognitive computing will dominate the strategic business agenda in the near future with the confluence of these different technologies holding the greatest promise.
Be first, be best, or be nowhere: To create differentiation, C-suite executives are experimenting with alternative business models, collaborating across industries or exploring a new customer base./
3 Things I have learned from my daughters about Disruption and Social
Yes, my 2 daughters have shared with me
- Dude Perfect. There are 5 guys who were friends at Texas (and a Panda) that have a cool and fun YouTube channel. They started with basketball tricks and earned "endorsements" from their videos. Now they do comedy like sterotypes and more sports tricks. Now they have added games, books, and more. What I learned: My daughters love the quirky video fun and can't wait for the next episodes. Their use of social is amazing and they have taken their passion and used it as a great example of the power of social and passion!
- Augmented reality (AR) art. My daughters recently showed me 2 postcards with art on them that came alive with a small AR app on my phone. Simply put -- wow! The art came alive with flames that were painted and then on the phone it was real! What I learned: The world is changing to such a visual experience. My daughters expect an experience -- whether it is AR or IoT sensors embedded to create an experience. A good lesson to learn and experiment with!
- They want our help. My daughters showed me today this note that a mom wrote to her son's facebook friends. They wanted to chat on it but it was interesting that they "liked" reluctantly what the mom had done. What I learned: Kids do like help on social. My daughters AHA moment was her telling me that the accountability I have with her on Instagram helps her maintain "her" standards.
CNBC Top 50 Disruptors - Of the Top 20, 25% are Social
I love disruptors. I love innovation and creative thinking.
So the CNBC Top 50 Disruptors was interesting. (read the full story here
I found it interested that ALL these companies are either based on Cloud, Social, Mobile, or Analytics. All are based CAMS!
And of the Top 20, 25% are Social Business oriented.
Whose your favorite? And what's your biggest AHA on the list?