Software's Digital Disruption

We’re living in a software driven society. If you need something done quickly and efficiently, you’ll more than likely find a software program that can support your needs. The shift in how enterprises formulate their business models, are a direct result of this trend and consumers have followed suit. We’ve seen a tremendous dependence on mobile apps…[ more ]

Connected Cow - Huffington Post

IoT applications are more innovative today than many may realize. Take Fujitsu’s Connected Cow, for instance... optimize and increase cattle production by collecting and analyzing data from individual cows...

From Connected Cows to Wearables for Seniors — Here’s Where We Are With Internet of Things Post-#IoTDay2016

The Connected World - IoT

The Internet of Things (IoT) is the network of physical objects that have embedded technology to communicate and sense or interact with each other with important information or data that can benefit humans and business.

As we link data from products, devices, or the environment, they will generate better information and data analysis that can significantly enhance decision making. When products are embedded with sensors, businesses can track their movements and monitor interactions with them. Business processes can be adjusted to take advantage of such behavioral data. Useful data from sensors installed to report on environmental conditions (such as ocean currents, weather or soil moisture) can give decision makers key alerts of real-time events. In health care, IoT offers possibilities for monitoring a patient’s behavior and symptoms in real time and at relatively affordable cost, allowing physicians to better diagnose disease and prescribe a personalized treatment that is most effective.

Today more objects are becoming embedded with sensors and gaining the ability to communicate. IoT is a key enabling technology for digital businesses. According to Gartner over 4 billion connected things are already in use early 2015 and the count is expected to rise to 25 billion by 2020.

Information collected, shared, analyzed and applied is at the core of IoT – creating a better and safer world, a better end-user experience, reducing costs and growing revenue, enabling smarter applications, and improving the overall value of technology. The possibilities with IoT are truly endless.

Top 10 Strategic Technology Trends for 2015

I believe that there will be a major shift towards merging the real and virtual worlds. We will need to connect and integrate customers in unique and innovative ways. Obviously all of this has to happen in a very secure environment. Security will be an integral part of all solutions.

Gartner shared its strategic technology trends as those technologies that have the most potential to significantly impact individuals, businesses and IT organizations over the next few years. The Internet of Things (IoT), smart machines and computing everywhere are going to be the key components for 2015. It is also apparent in the enterprise that 3D printing is now going mainstream.

Organizations will continue their journey to the cloud/mobile enabled solutions and transform their business to become more flexible, agile, responsive and cost-competitive.

Innovate to Stay Relevant

Success and creativity goes hand in hand; creativity fosters innovation. To be successful in today’s competitive marketplace, organizations must embrace innovation and demonstrate creativity in their thoughts and action. Innovation is all about identifying new ways to add value to the business.

For leaders it is important to not just ask the obvious questions but look deeper and not be afraid to reconsider basic fundamentals about your business, products and services. When you view your business from new perspectives, you can harness ideas from some of the most unlikely sources. Brainstorm ideas, keep in mind that censoring ideas will be a barrier to creativity and sets up limitations that kills innovation and invention. Your objective is to create possibility thinking and not dullsville. Be inspiring and decide on no limit thinking when you are brainstorming alone or with others.

Just giving great customer service does not mean caring for your customers. It is important to get to know your customers and their business as intimately as possible. It is imperative to immerse yourself in the lives of the people you are trying to serve. Focusing on the high-value tasks is of prime importance. You and your teams must know how to prioritize their time, maintain prioritization of activities and actions, and ruthlessly eliminate wasted work by not doing the things that does not matter.

Connecting the dots is crucial by finding ways to bring together concepts, people, services and products. Many great innovations are "mash-ups" of existing ideas.

Finally giving form to your idea as quickly as possible and making a commitment for its realization is vital. Quickly create a prototype and initiate testing it right away. This is the only way to know if you've touched on something truly promising for your business.

CIO’s Top Technology Priorities for 2013

Gartner conducted a global survey of more than 2,000 CIOs in 36 industries across 41 countries towards the end of 2012. The CIOs were requested to provide a list of top technology priorities for 2013.

The survey revealed that IT budgets have remained flat to negative since the dot-com bust of 2002. This study showed that for 2013, CIO IT budgets are projected to be slightly down, with a weighted global average decline of 0.5%. 67% of CIOs surveyed now have significant leadership responsibilities outside of IT that is very contrast to the surveys conducted in 2008, when about 50% of CIOs had no responsibilities outside of IT. Digital technologies clearly seem to dominate the CIO technology priorities for 2013. This includes mobile, analytics, Big Data, social media networking and cloud.

CIOs know that the future rests in not repeating the past but in extending IT by pursuing and reaping in a digital world. CIOs see these technologies as disrupting business fundamentally over the next 10 years. When asked which digital technologies would be most disruptive, 70% of CIOs cited mobile technologies, followed by big data/analytics at 55%, social media at 54% and public cloud at 51%. The disruptiveness of each of these technologies is material, but CIOs see their greatest disruptive power coming in combination, rather than in isolation.

Top 10 CIO Technology Priorities for 2013:
1. Analytics and BI
2. Mobile Technologies
3. Cloud computing (SaaS, IaaS, PaaS)
4. Collaboration technologies (workflow)
5. Legacy Modernization
6. IT Management
7. CRM
8. Virtualization
9. Security
10.ERP Applications
Source: Gartner Executive Programs Survey (Jan 2013)

Leadership vs Management

There is a philosophical difference between leadership and management. Leadership is about influencing, guiding in a direction, action and view. Managing is to accomplish, to be in-charge of or to be responsible for. A good manager does things right whereas a leader does the right things. Doing the right things implies a goal, a direction, an objective, a vision, a dream.

Leadership and management are both important, but they seek to do different things. A leader is one who influences the behavior and work of others in group(s) towards attainment of specific goals in a given circumstance. While managers are expected to be the leaders of work groups so that the subordinates willingly carry directions and accept their supervision.

A person can become a leader by virtue of his personal qualities. The group or employees who the leader leads are his followers. As a leader one influences people to work willingly for the group objectives. People follow leaders voluntarily.

A person becomes a manager by virtue of his position. Manager has formal rights in an organization because of his position. The subordinates are the followers of managers. The manager has clear accountability for self and subordinates behavior and performance.

The manager administers while the leader innovates. The manager relies on control whereas the leader inspires trust. The manager has a short term view whereas the leader has a long term perspective. The manager imitates while the leader originate.

In summary leadership is setting a new direction or vision for a group and leader is the spearhead for that new direction. Management controls or directs people in a group according to principles or values that have already been established. The goal of the manager is to execute the directions promoted by the leader. Management is only a role not a type of action. You can lead regardless of your position provided you promote new directions that are compelling to others.