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Think Tank
Business Strategy Alignment: Page 283
Absent Sound Strategy, Digital Initiatives Can Leave Organizations Vulnerable
Managers are increasingly nervous about the lack of progress in their digital initiatives. Too often, organizations merely add digital "pixie dust" to traditional processes or engage in a frenzy of digital experiments and ventures. Rather than drive competitive advantage, these efforts leave companies more vulnerable.
Most Shoppers Put a Premium on In-Store Mobile Technology, Poll Finds
Sixty-six percent of shoppers are more likely to purchase at retailers that offer in-store mobile technology, an increase of 52 percent year over year, according to a SOTI poll of consumers. As many as 73 percent of respondents view the availability of in-store mobile technology as a signal of better customer service and loyalty, up 26 percent from the previous year.
The March of Automation - the Transformation of the Work Force
Will a robot run my organization in 10 years? Maybe, even though a chief executive's job, which requires a fair amount of problem-solving and creativity, is probably less susceptible to automation than middle-skill jobs such as machining and bookkeeping. At the same time, new research shows that most jobs have some proportion of tasks that can be substituted by workplace automation. Including a CEO's job.
Retailers Could Benefit From Information-as-a-Service
Since retailers - even major ones - tend not to spend money on research and development, many need guidance to keep up with the changes technology is bringing to the industry. What they need is Innovation as a Service.
Job Losses, Labor Strife on Rise in China
While most of the world has fixated on the plunging Shanghai and Shenzhen stock exchanges and Beijing's missteps managing the currency, China's labor market has become increasingly fragile. As wage arrears and layoffs grow, unrest in factories and on construction sites is spreading.
GE Plans to Sell Its Appliances Business to China's Haier
GE, which has a long-term strategic partnership to explore cooperation in the areas of industrial internet, healthcare and advanced manufacturing with Qingdao Haier Co., has agreed to sell its Appliances business to the Chinese company for $5.4bn.
Banking Survey: Investing in Analytics, Big Data Is Important IT Spending
McKinsey's proprietary benchmarking survey conducted annually with a dozen regional and super-regional banks in the United States supports the axiom that investing more in IT is not as important as investing smartly.
Diversity in Employment Leads to Innovation, Market Growth, Study Says
All of us aspire to work for leaders who truly value our input. We're looking for a "speak-up culture" - the kind of workplace where we feel welcome and included, free to express our views and opinions, and confident that our ideas will be heard and recognized. But it's not just employees who benefit from this kind of workplace culture. So do employers and shareholders.
Ocean Shipping Industry Should Be Taxed on Carbon Output, IMF Urges
A report released this week by the International Monetary Fund (IMF) states that carbon taxes should be levied against the shipping industry.
Slowly, Supply Chain Comes to the C-Suite
Are supply-chain managers finally getting the respect they deserve?
Bringing Your Continuous Improvement Program to Life
You have an earache and decide it's time to see the doctor. You call the office, sit on hold with a receptionist, and finally schedule an appointment – but not until five days later. As if waiting around for your appointment doesn't waste enough of your time, it's only the beginning of a tedious process – driving 20 minutes to the doctor's office, sitting in a crowded waiting room and filling out paperwork.
Value of Global Carbon Market Rises 9 Percent in 2015
Carbon markets are booming, according to two new reports, and business is playing a key role.
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