It is becoming increasingly clearer to us that our firm Designs In Change is slowly but certainly working on the Future of Work. We chipped away at it in three areas - organizational development, workforce optimization and organizational productivity. We have clients who bought into the value we proposed, engaged at both strategy development and execution phases, and are happy with what we have delivered till date. We believe in the power of technoloRead More
So you are finally ready to kick-off that grand project or initiative. You are all set with executing it. You have your ‘Change Management Plan’ ready & has every possible scenario covered. Good for you!
Most if not all, Enterprise Transformation projects have a very detailed ‘Change Management’ plan. A senior and a group of mid-level & junior folks are grouped together to what is called a ‘Change Management Team’.
It is now theiRead More
I recently spent a couple of days at a hotel. The hotel had a theme of everything digital about them and I was impressed within the first few minutes of my check-in.
The artwork on the walls were images of circuits embedded in canvases. The lights were activated by motion sensors. The restaurant and coffee shop were named after computer terms. The crew took food orders over an app.
Digital transformation is no more just a flavor of the season. It is here to stay. This one time, it is not because of propaganda but because the customer demands it.
IDC estimates over 40% of IT spend in the next few years will be on digital transformation initiatives. Over $ 2 trillion by 2019. Automation, ML, AI will remove most, if not allRead More
Standing at her kitchen table, Jennifer Doudna, burst into laughter. All of a sudden she realized the potential that a simple bacteria could have on human life, for years to come.
In 20 years of her work in gene editing research, her quest led her to the discovery of CRISPR?—?Clustered Regularly Interspaced Short Palindromic Repeats.
In English it simply means, natures way of editing out flaws in our DNA & replacing it with new ones. Yes enzymes can do that!Read More
For many business leaders, innovation equals idea generation. An initiative that will propel your business into the next level of products, services, geographies. But alas, that is not true.
In our last blog, we shared that over 90% of ideas generated through such an initiative fail. This time let us dig a little deeper and find out why.
The reason for their failure lies in the innovation process and its stages.
Nokia, Kodak, Blockbuster, Xerox, Blackberry, Yahoo, MySpace?—?what do these company names have in common? Yes, these are companies that had long successful runs and were extremely well known but died out rapidly because of their inability to recognize changes to the marketplace propelled by innovation & digitization.
88% of the Fortune 500 companies that existed in 1955 no longer exist.
Now think of companies like ApplRead More
The product was complex. The pre-sales team members had to know the product in totality. For a fresh member of the team, answering 5000+ questions on the RFP for their potential clients was not only Herculean but impossible. No one man could know everything about so many products and their capabilities.
Customers kept coming back for details, asked questions and always needed more information. A creepy feeling of losing potential customers kept crawling up. The front end sales teamRead More
Although they have been used interchangeably there is a difference between the two.
Invention is something that has never been made before, or the ?process of ?creating something that has never been made before. So an invention is something that has never been done before, Invention is to create something new.
Innovation is getting people to adopt change, its inventiveness put to use. Innovation is creating somethings that sells Read More
When it comes to efficiency there are 2 types according to the authors of this brilliant book?—?“This is Lean: Resolving the Efficiency Paradox”
Resource Efficiency which is the most common focuses on efficiently using resource that add value in an organization. If you have resource utilization metrRead More
An article from McKinsey quarterly accused companies of spending over $14 billion dollars on leadership development programs and yet there was little evidence of return.
Wall Street Journal ran an article ‘ Read More
Denilson a player from Brazil was blessed with all the skill in the world. The 21-year-old offensive, with his feints, could humiliate any defender. He joined Real Betis for $43 million way back in 1998. But for most of his career, he could never justify the huge price tag. He could only muster 13 goals in 186 games.
Pundits around the world call him the classic case of someone who did not play to his fullest potential. It seemed as though he was under some self-imposed restrictionRead More
88% of the Fortune 500 companies that existed in 1955 no longer exist or are not Fortune 500 anymore. The survival mantra seems to be simple- "Evolve or Perish". But how? What does it take to be Innovative, Progressive or Digital?