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Showing posts from June, 2019

It's the Value, Stupid

A winning strategy for an United States presidential candidate in 2020 should be United, not Divided Balance, not Extremity Inclusive, not Exclusive Country, not Party People, not Ego World, not Me Only Advance Together, not Me First Others Whatever Because: It's the Value, Stupid

Emerging Information Technology(EIT) Strategic Analysis Framework for Leading, Not Just Supporting, Business Innovation and Transformation

Executive Summary The Emerging Information Technology(EIT) Strategic Analysis Framework introduced in this article enables a company’s executive management team (e.g. CIO/CXOs) and enterprise architects to systematically: Analyze the strategic impact of an EIT on a business. Identify industry discontinuities and threats created   by an EIT. Create a strategic agenda to lead (rather than follow) industry changes caused by an EIT to a new business landscape. Gain a competitive position benefiting the company most in the new landscape. Create a new business model that would not be possible without the EIT. As a result, the company may win the present and create the future. Without realizing the strategic impact of an EIT, an industry-leading company may only use the EIT as a supporting tool to follow the industry change caused by the EIT into a new landscape that benefits competitors or newcomers more.   The framework contains three components: 1

Is Second or Fast Second the Best Strategy for Big Established Companies?

Background   - Second or Fast Second Many large companies prefer to take “second strategy” to get the most of the market value the “first mover” may create without taking the risk the “first mover” may have. They hope to enter the emerging market secondly but utilizing its know-how in the existing industry to become one of the leaders in the new market. Will “second strategy” works? It really depends on whether a large company has the capability and time to execute effectively to enter a new market as a second mover but become one of the leader in the new market quickly. Given the fact that quite some large leading companies taking “second strategy” failed to become a leader in a new market they pursued and some of them even failed to survive, e.g. Blockbuster, Barnes & Noble, Kodak, etc. the “fast second strategy” is proposed as the best strategy for big, established companies contemplating entry into an emerging market (by Constantinos C. Markides and Paul A. Geroski,