Digital technologies offers companies a unique opportunity to improve their business models and strategies, to better serve existing and new customers, and to streamline their operations and eliminate waste.
Like nearly every other company today, your firm is either going through or preparing for an upcoming digital transformation. And nowhere is this more evident than in your marketing department and budget.
Manufacturers should strive to become “digitally mature enterprises” if they truly want to transform how their businesses work, a growing number of experts say.
The constant speed of change in most industries is similar to the blur of a car driving on the Autobahn. But if change is the road traveled, disruptive technologies are the vehicle. And just as drivers must be acutely aware of the car on either side of them on a highway, so too must CEOs be acutely aware of the competitors running alongside their company, lest they be disrupted.
There’s a lot riding on digital transformation. It could be the future of your business. However, the sheer velocity and invasive nature of digital disruption can be overwhelming to many organizations, as can piloting strategies to address it. Rather than keeping up with the status-quo, CEOs must act fast to get ahead of it.
Manufacturing’s history includes three waves of change: the “lean” revolution of the seventies, the outsourcing phenomenon of the nineties and the automation revolution of the current decade. But there is no rest for the weary, as McKinsey consultants are currently warning American manufacturers that they must get ready now for the next big change, which they are calling “Industry 4.0.”
Many CEOs and business owners understand the transformational nature of digital innovations and business models for their industries and their companies. But they still may not quite get the imperatives for their strategy and tactics that are dictated by the digital inevitability.
Now that technology and digital media are pervasive, the Consumer Electronics Show in Las Vegas—which was once targeted at geeks and techies—has now become a pivotal place for companies of all shapes and sizes to find partners, expand their capabilities and get answers to their tech-related questions. Here are six takeaways from CES that every CEO should know.
Digital technologies are disrupting nearly every business on the globe, but successful CEOs recognize the opportunities that appear as well as the challenges.
The year is 2003. You’re taking the helm at the world’s first electronic stock market, which, until relatively recently, was owned and operated by a regulatory organization but is now its own publicly traded entity.
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1:00 - 5:00 pm
Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process
Executives expressed frustration with their current strategic planning process. Issues include:
Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns. They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning. Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process. This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented. If you are ready for a Strategic Planning tune-up, select this workshop in your registration form. The additional fee of $695 will be added to your total.
2:00 - 5:00 pm
Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations.
Limited space available.
10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS
General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.
The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.
