What is Innovation and How do you think about it?

What is Innovation and How do you think about it?

In one of the many recent discussions, someone asked me What is innovation and how do you think about it? I paused, reflected, and responded and then realized that it is a good post. It is about the Art of the Possible... Although the term originates from politics where it is about finding that ideological middle [...]

5 Strategic Growth Pillars of Digital Transformation

5 Strategic Growth Pillars of Digital Transformation

Digital Disruption has required many companies to set up some sort of a digital growth functions. After carefully analyzing & comparing what most of these companies have in common, I have identified the following 5 Strategic Growth Pillars of a company focused on Digital Transformation. #1. Ops & Infra Digitalization: In the past, driven by [...]

Why Apple Shouldn’t Have Created the HomePod?

Why Apple Shouldn’t Have Created the HomePod?

At the recent World Wide Developer Conference (WWDC 2017), Apple introduced HomePod. HomePod is a speaker that is smart. It is actually not unique at all. It’s unique selling point is it’s positioning (the age-old P of Marketing). The Market has a lot of Smart Speakers (e.g. Echo and Google Home) that take a Artificial [...]

Digitally Innovative Organizations are good at these 5 things

Digitally Innovative Organizations are good at these 5 things

“We are a technology company that also does “xyz”” ~ It is the statement and mantra that you hear many CEOs say these days along with a focused strategy and approach to grow their business via digital means. Digital has truly disrupted every business and is having small, medium, and large companies literally scramble to [...]

Digitalize & Innovate Business with Vertical Integration

Digitalize & Innovate Business with Vertical Integration

Vertical Integration has existed since time immemorial. It is basically coming together of companies that operate in different stages of a supply chain process. For example, the Farm to Table trend is vertical integration of restaurants and local farms to bring healthy, organic (typically), and fresh food to its consumers. The ability to buy lights [...]

Business Model Innovation in a Cloud-Enabled Economy

Business Model Innovation in a Cloud-Enabled Economy

An accidental business changes the world of computing – yes that is really a statement that sums up Amazon’s web services. In 2006, Amazon launched Elastic Computing (EC2) and many wondered why would an e-Commerce company that started as selling books get into selling computing power? It didn’t make any sense. According to an interview [...]

Business Model Innovation: Social-Enabled Economy

Business Model Innovation: Social-Enabled Economy

No discussion of social technology is complete without Facebook. Facebook’s mission is to give people the power to share and make the world more open and connected. It precisely does that. It allows friends and families to stay connected, brands to connect with consumers and provides them with tools to share images, ideas, locations, habits, [...]

Apple Pay/Mobile Payments: What retailers are missing?

Apple Pay/Mobile Payments: What retailers are missing?

Apple Pay, Mobile Payments, Google Wallet, and all such are great initiatives to change yet another habit – wallets/purses, plastic money, and cash. The minor skirmish that followed the launch of Apple Pay where many leading retailers blatantly refused to adopt or in some instances backtrack in favor of the Merchant Customer Exchange (MCX) backed [...]