Tuesday, December 15, 2020

g-f(2)36 MIT SMR: Latest Golden Knowledge Containers on Disruption 2020




Extra-condensed knowledge


What will it take to innovate and compete over the next decade? 
  • These articles examine some of the biggest challenges companies will face, such as building the future workforce and identifying tomorrow’s disrupters. 
  • Clayton M. Christensen: The forces that combine to cause disruption are like gravity — they are constant and are always at work within and around the firm.
  • Some innovations can reach mainstream status in a matter of years, whereas others may take decades. 
  • And others, despite their disruptive potential, may never reach fruition. 


Genioux knowledge fact condensed as an image.


The “genioux facts” Knowledge Big Picture (g-f KBP) chart


Condensed knowledge 

  • Disruption 2020: In memory of Clayton M. Christensen. 
    • What will it take to innovate and compete over the next decade? 
      • These articles examine some of the biggest challenges companies will face, such as building the future workforce and identifying tomorrow’s disrupters. 
    • Christensen: The forces that combine to cause disruption are like gravity — they are constant and are always at work within and around the firm.
  • g-f(1)22 Uncertainty and disruption are two sides of the same coin.
    • There is significant uncertainty regarding the rate of progress within a new disruptive value proposition. 
    • Some innovations can reach mainstream status in a matter of years, whereas others may take decades. 
    • And others, despite their disruptive potential, may never reach fruition. 
  • g-f(1)25 A framework that goes beyond traditional forecasting and risk-assessment exercises. A few decades ago, companies could build a strong business model and apply it more or less unchanged for years. Today, that is no longer true, as relentless innovation and disruption threaten established business models, leading to far greater churn among top performers in virtually all industries. 
    • Resilience now depends on rapid and effective adaptation to change.
    • Although organizations can never be fully prepared for an unanticipated shock, the most resilient ones learn to expect the unexpected, rebound quickly when it occurs, and take advantage of unforeseen opportunities that emerge.
    • We have developed a framework that goes beyond traditional forecasting and risk-assessment exercises. This approach is based on the principle of dynamic capabilities, which holds that companies need to continually adapt their resources to respond to rapidly changing and unpredictable environments. 
    • A Framework for Strategic Resilience. 
      1. Sense. Management teams can’t respond to a problem if they haven’t figured out that it exists — nor can they capitalize on new opportunities they have yet to recognize. 
      2. Organize. Leaders also need to build flexible structures and processes that enable the organization to innovate and embrace change. 
      3. Capture. Capturing value requires leaders to execute strategic priorities by orchestrating their company’s tangible and intangible assets — such as capital, strategic partnerships, and intellectual property — as well as making changes to business models as required.
      4. Renew. Sensing activities will inevitably call the wider status quo into question and will sometimes even require that companies overhaul their entire identity.
  • g-f(2)19 10 Lessons Learned from MIT SMR-Deloitte Research on the Future of the Workforce. 
    • Lesson learned 1. Embracing opportunity marketplaces represents a truly fundamental shift in how most organizations can maximize returns on human capital investment.
  • g-f(2)24 Fundamental Quotes from MIT SMR-Deloitte Research on the Future of the Workforce. The MIT SMR-Deloitte global executive survey and interviews identify the design of opportunity marketplaces as perhaps the key leadership challenge for organizations seeking to ethically maximize human capital returns.
  • g-f(1)10 Companies obtain significant financial benefits from AI when the strategic focus is organizational learning, not just machine learning. Only 10% of companies obtain significant financial benefits from artificial intelligence technologies. Research shows that these companies intentionally change processes, broadly and deeply, to facilitate organizational learning with AI. 
  • g-f(1)21 Successful Digital Transformation Projects at Repsol: Continuous Learning with AI. Many of the tasks your workforce does today can be done better — and, in some cases, more cheaply — by robots, AI, and other automation technologies.


Category 2: The Big Picture of the Digital Era

[genioux fact extracted from MIT SMR]


Type of validity of the "genioux fact".  

  • Inherited from sources + Supported by the knowledge of one or more experts + Based on a research + Supported by a survey.


Authors of the genioux fact

Fernando Machuca


References



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