We all know or think we know who the one-percenters may be, but have you ever considered who the real one-percenters are? Let’s not think in terms of wealth here, let’s consider the bottleneck of human progress...
Listen in on this short chat between Dr. James McCabe, an award-winning Oxford scholar, and Flowfactory CEO Fredrik Lindqvist. They talk about how Flowfactory think differently to the rest of the market - a discussion that leads them into the topic of natural evolution and digital literacy. Quite a leap in a chat of only three minutes :) Get inspired!
I just read this very interesting article from MIT Sloan: How Leading Organizations Are Getting The Most Value from IT.
My immediate takeaways align with our strategy (warning for confirmation bias) to provide a business low-code platform to let our customers transform their businesses with maximum ability to handle the "unknown, unknowns."
The first thing business users want is to avoid any mention of the legacy system. "Can't we just work around it?" they ask at the start of every project. There is a perception that legacy systems somehow prevent innovation by standing in the way of rapid product development or quick fixes to address customer requests.
Much current thinking on competitive positioning (for example, the Harvard Business Review here; Gartner Research here; and Forbes Leadership Insights here) is to focus on experience, not products. Many leading companies have found that a structured product development process no longer provides a sufficient or effective compass for determining how a company can best solve customer needs.
In the age of the connected customer, the only thing that differentiates a brand is customer experience (CX). Increasingly, those experiences are not human, but digital and automated. This puts IT teams in a situation of both opportunity and vulnerability.
The question; "What keeps you up at night?" is a commonly used executive thinking exercise that is revered and reviled in equal measure. Sure, it's a good way to focus attention and conversation on the things that are most mission critical. It's also a demotivating assumption that there are elements of your business that should give you stressful sleeplessness! This question can feel like an attack on our management skills. Perhaps even more frustrating is that for most of us, those stressful projects are real - and really do keep us up at night.