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The speed of technology advances in the market are making the old paradigm of first mover versus fast follower largely irrelevant – every business must now become some version of a first mover. Many leaders have fallen into the trap of believing digital transformation is like playing a game of technology catch-up.
I will onshore, offshore, outsource, insource, or execute whatever business strategy I implement without regard for diversity. If you’re not qualified don’t try to work around your lack of qualifications, go get the qualifications you need to compete.
Don’t tell people that the answer lies in insourcing or outsourcing or technology or big data or acquisitions or divestitures… Let them conclude for themselves what the answers are, having explored your broad question, from the universe of possibilities you open to them. Don’t treat your stated strategy as a given if it’s not.
Manufacturing and Insourcing. Obama mentioned a trend toward “insourcing” — the return of manufacturing jobs from abroad — and vowed to promote advanced manufacturing via four new manufacturing “institutes.” ” For a little more nuance on the insourcing trend, read Brad Power on GE.
” Technological developments are often interesting to discuss in relation to relevance. A current example of uncertainty around relevance concerns blockchain , i.e. the technology behind virtual currencies such as bitcoin. In other words, the technology can make brokers and bankers irrelevant. Competition for dependence.
Among the approved recommendations were opportunities to save nearly $4 million in HR administrative cost by deploying more self-service technology supported by a shared services organization, nearly $8 million from insourcing second physician reviews of inpatient charts, and up to $3.5
Though technology would have allowed for a significantly virtual enterprise, it was important to Ruh to have a physical building where people could actually be located together. “We hired a talent acquisition leader from the software industry, someone who really understood technology. Operations Competitive strategy Technology'
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