Analytics at Work (Harvard Business Review Press, 2010)
A structured approach on how to utilise the massive amounts of data in your organisation. Analytics as a tool requires a strategic approach to implement processes and systems in your company, together with the right talent and management approach.
This week I am privileged to be presenting on the topic of virtual consulting to the final year Honors students in the course “IT Business Consulting” at Rhodes University. The topic is “The world of virtual consulting” where we will cover the role of consultant in the new world of work, specific drivers and challenges of virtual consulting and tips for professional success in this environment. If you are interested in learning more about this topic please let me know and I will see how to make some of this content available afterwards.
||August 3, 2017
||The world of virtual consulting
||The world of virtual consulting
The 2017 KZN MESA special interest group will be held in conjunction with the Industrial Technology exhibition. I have a session entitled “Take control in the digital revolution“. The talk will cover the realities faced by manufacturing businesses as Industrie 4.0 takes hold, the digitization of business becomes more prevalent and new business models are emerging.
If this interests you feel free to join us! For more information see http://www.kznindustrial.co.za
Strategists in the “21st century economy” have a difficult task predicting disruptive new models that will challenge established business. In “Modern Monopolies” Alex Moazed and Nicholas Johnson provide truly valuable insight into platform businesses and how several of them have come to have such an impact across all industries. Examples of platform businesses are Uber, AirB&B, Facebook, Twitter and so on.
Modern platform businesses are very different from traditional linear businesses. A linear business can be described as a sequence of activities that convert inputs (or raw materials) to more valuable outputs (products). Platform businesses on the other hand are structured in a way akin to an ecosystem, where producers are matched with consumers so that they can transact value in a very simple way. The platform is more a facilitator of value exchange and less of a producer.
This book is very useful in understanding how a platform business is structured at its core. Four activities namely: developing useful tools, matchmaking, audience building and setting rules and standards are necessary to build a successful platform. Understanding what makes some platforms succeed and others fail is very important whether you are looking to enhance your existing business models, or invest in a new start-up that promises to become the next big thing in a specific market.
I would highly recommend this book to business strategists, technology professionals, software professionals and investors looking to get a good understanding of this new and evolving business model. The book is very readable with many many examples that illustrate the principles in a clear and entertaining way.
How can cognitive technology and AI be applied to manufacturing?
||October 25, 2016
||Many of the tasks currently only performed by humans, will in future be delegated to machines
||SA Instrumentation and Control
Resources - weblink
22 October 2016
Information is cheap, meaning is expensive.
In future, there will be two types of employees. Those who tell the computer what to do. And those who are being told by the computer what to do