Tuesday, November 30, 2021

g-f(2)694 THE BIG PICTURE OF THE DIGITAL AGE (11/30/2021), MIT SMR, Transforming From Traditional Competitor to Ecosystem Powerhouse


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ULTRA-condensed knowledge


"g-f" fishing of golden knowledge (GK) of the fabulous treasure of the digital age, Digital Transformation, Business Ecosystems (11/30/2021)  g-f(2)426 


Lessons learned, MIT SMR 

Compete in business ecosystems by adopting a new strategic framework. 


      • In our current competitive landscape, rivalry is shifting from well-defined industries to broader ecosystems.
        • We see this in the transition from automobiles to mobility solutions, from banking to fintech platforms, from production lines to intelligent factories — traditional boundaries are collapsing almost everywhere you look. Competitors are coming from new directions and pursuing different goals from those of your familiar rivals.
      • Companies need a new approach to strategy for managing in a world of ecosystem disruption. In this on-demand webinar, Ron Adner, author of Winning the Right Game: How to Disrupt, Defend, and Deliver in a Changing World (MIT Press), provides advice and offers a framework for what ecosystem disruption looks like and its implications for leaders.
      • In this webinar, you’ll learn:
        • A new lexicon for the strategy challenges we’re facing today.
        • A systematic approach to constructing and competing in ecosystems using the principles of the minimum viable ecosystem and staged expansion.
        • How to frame a new strategy conversation for your team.


          Genioux knowledge fact condensed as an image



          Transforming From Traditional Competitor to Ecosystem Powerhouse





          References


          WEBINAR, Transforming From Traditional Competitor to Ecosystem Powerhouse, Ron Adner and Abbie Lundberg, November 22, 2021, MIT Sloan Management Review, MIT SMR.



          ABOUT THE AUTHORS


          Ron Adner is the Nathaniel D’1906 and Martha E. Leverone Memorial Professor of Business Administration and professor of strategy and entrepreneurship at the Tuck School of Business at Dartmouth College. Abbie Lundberg is editor in chief of MIT Sloan Management Review. She moderated the session.



          Extra-condensed knowledge


          OPPORTUNITY, geniouxfacts

          g-f(2)151, The Big Picture of the Digital Transformation, 3/1/2021, geniouxfacts, How To Succeed At Business Digital Transformation


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


          • g-f(2)150 THE BIG PICTURE OF THE DIGITAL AGE, Forbes, How To Succeed At Digital Transformation. 
            • To succeed at digital transformation the whole of the business needs to be involved. It requires radical redesign, then deployment, of business models, activities, processes, and competencies to fully leverage the opportunities that digital technologies can offer.
          • g-f(2)100 The Big Picture of the Digital Age, MIT SMR, LEADERSHIP’S DIGITAL TRANSFORMATION. Leading Purposefully in an Era of Context Collapse. 
            • Efforts to lead digital transformation are unlikely to be effective without a leader’s own affective digital transformation — one that makes purpose, engagement, and fairness as important to workplace success as data-driven agility and productivity.
          • g-f(2)144 THE BIG PICTURE OF THE DIGITAL AGE, Accenture, Technology Vision 2021. Leaders Wanted. Masters of Change at a Moment of Truth. 
            • Companies are no longer strictly competing for market share; they are competing to build their vision of the future faster than the competition. Success will depend on their ability to accelerate and master change in all parts of their business, which in turn will be a direct function of the technology decisions they make today.



            Condensed knowledge



            OPPORTUNITY, geniouxfacts 

            g-f(2)309, In the current state of the art Digital Transformation (DT) is wonderful and potentially disruptive! 


            • g-f(2)309 The big picture of the digital age (6/6/2021), geniouxfacts, Ultra Condensed Golden Knowledge Juice: In the current state of the art Digital Transformation (DT) is wonderful and potentially disruptive!
              • Warning, The fundamental problem of Digital Transformation is not about technology. Leadership, organizational culture, human resources, strategy and digital mastery or savviness are key issues.
              • Lesson learned, It’s very complex to do Digital Transformations right. The key is to implement a brilliant Digital transformation, which is very complex.



            Some relevant characteristics of this "genioux fact"

            • Category 2: The Big Picture of the Digital Age
            • [genioux fact deduced or extracted from MIT SMR]
            • This is a “genioux fact fast solution.”
            • Tag Opportunities those travelling at high speed on GKPath
            • Type of essential knowledge of this “genioux fact”: Essential Analyzed Knowledge (EAK).
            • Type of validity of the "genioux fact". 

              • Inherited from sources + Supported by the knowledge of one or more experts.


            References


            “genioux facts”: The online programme on MASTERING “THE BIG PICTURE OF THE DIGITAL AGE”, g-f(2)694, Fernando Machuca, November 30, 2021, blog.geniouxfacts.com, geniouxfacts.com, Genioux.com Corporation.


            ABOUT THE AUTHORS


            PhD with awarded honors in computer science in France

            Fernando is the director of "genioux facts". He is the entrepreneur, researcher and professor who has a disruptive proposal in The Digital Age to improve the world and reduce poverty + ignorance + violence. A critical piece of the solution puzzle is "genioux facts". The Innovation Value of "genioux facts" is exceptional for individuals, companies and any kind of organization.




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