Jan 112017
 
Call for Papers: Business Opportunities in the New Digital Age

The business world is poised for an unprecedented wave of innovation. Technological advances such as augmented reality, virtual reality, cognitive assistants, 3D/4D printing, personalization, conversational interfaces, drones, deep learning, predictive analytics, the Internet of Things, blockchain, new payment systems and affective computing play major roles in driving and enabling the next wave of innovation in business. These technologies – combined with new business models facilitated by social/collaborative commerce, shared services/economy, and crowd sourcing – will have a profound influence across the business world. Furthermore, businesses need to cater to the newer expectations and demands of a younger generation (selfi-generation, digitally-embedded generation) of customers. So, business is not going to be as usual, again! Where is Read more

Dec 092016
 
Call for Papers -- Information Superiority and Digital Capital: Driving the New Normal

The concepts of Information Superiority and Digital Capital will increasingly shape the business strategies and operations of organizations that face the digital- and hyper-competition that’s so common today.   Information Superiority was first introduced to the management world by Paul Strassmann, who defined it as “the capacity to increase economic value faster than the competition.” Strassmann’s definition stresses outcomes (such as increased EVA). The US Department of Defense defines Information Superiority as “the operational advantage derived from the ability to collect, process, and disseminate an uninterrupted flow of information while exploiting or denying an adversary’s ability to do the same.”* Typically, in the business world, organizations focus on winning markets rather than crushing rivals, but Read more

Nov 182016
 

The sesquiannual gathering of Cutter Consortium clients and consultants just took place in Cambridge, Mass., on November 15-16. The main theme was “digital transformation,” including the new business models centered on “digital data streams” and the implications of this transformation for the CIO’s organization. Cutter Fellow Prof. Karim Lakhani presented a Harvard Business School case study on “GE and the Industrial Internet.” It tells of GE’s decision to create a new entity devoted to applying IoT technology to industrial environments (manufacturing, transportation, electricity generation, etc.). There was a lot of discussion of how some other companies missed the transformation to digital services, in part by underestimating in the early 1990s the explosion in the number Read more

Nov 012016
 
Leadership in a Digital World

“Musicians play their instruments. I play the orchestra.” Steve Jobs attributed this quote to a famous conductor in the film Steve Jobs. It’s hard to come up with a more vivid illustration of leadership. It acknowledges that conductors may be less adept at playing instruments than any of the players in front of them — and other instruments not at all — yet they elicit brilliant performances. I have been told by a San Francisco Symphony musician that guest conductors can in a few rehearsals have the orchestra sounding like the orchestras where they are based. Leadership, per Webster, means “the quality of a leader; capacity to lead”. In recent years, the word has become Read more

Oct 262016
 
IoT-based DDOS Attacks

Last week’s DDoS attack against Dyn Inc. had an impact on many organizations beyond the reported hits to PayPal, Twitter, Amazon, Spotify, and others. Even Cutter’s website search function was out of commission for a short while! Experts have warned that at some point, smart versions of devices such as refrigerators, televisions and thermostats could be manipulated to alter their basic functions, but did anyone foresee that these devices would be used to launch a third-party attack? This isn’t the first time it’s happened, and it’s not likely to be the last. In the July 2016 Cutter article Securing the IoT: It Takes the Global Village, author David Tayouri discusses the threats Internet of Things Read more

Sep 282016
 
Great Conversations on Digital Transformation

I’m sure our invitation isn’t the only one you’ve received to a conference on digital transformation. So, you’re probably wondering, what makes Cutter’s Summit 2016 — focused on digital transformation — different and worth spending the time and money on? Here are just 3 of the many ways that the Summit stands out: 1. No lectures, no talking heads. Every session is interactive. There’s a case study session, where you’ll work through the GE and the Industrial Internet case; first on your own, reading the case before you even arrive in Boston, and then with a small group of your peers at the Summit, and finally in a high-energy conversation facilitated by Harvard Business School Read more

Sep 262016
 
STEM Crisis is Really a Knowledge Shortage, according to Charette

Cutter Fellow Bob Charette’s 2013 assertion that The STEM Crisis is a Myth inspired quite a bit of discussion in education and industry, which has apparently not subsided! In STEM Literacy and Jobs, wsj.com blogger Irving Wladawsky-Berger taps Charette for his thoughts on the STEM jobs “crisis.”   When it comes to STEM, the discussions have mostly focused on STEM jobs rather than STEM literacy, and in particular, on whether we have a STEM crisis or a STEM surplus–a debate I recently wrote about. A number of articles have pointed out that, as is often the case with such complex questions, both sides are right. It all depends. STEM includes a variety of disciplines, degree Read more