Value Creation in the Era of Smart, Connected Products
To avoid drowning in a deluge of indecipherable data, CEOs need to take the time to identify key criteria and develop a dashboard that will present the most-needed data in a meaningful way, asserted Jay Pittas, president and CEO of Remy International.
“Most processes and applications have a handful of critical parameters that define what you’re doing well or not doing well,” he pointed out. “So you have to put some smarts into what you watch. Otherwise, you’ll get overwhelmed.”
“It’s about understanding that economic model, that market map and figuring out how to use the tools you have to collect that value. It’s a pretty exciting time.”
However, the data you need now may not be the same data you’ll need tomorrow if your company should decide to pursue the new opportunities and markets that the IoT offers. “I think you’ve got to start with the business side first,” said Microsoft Business Solutions’ Colin Masson. “It’s understanding what it is, in your product or your portfolio, that you can turn into a service. Is your business system flexible enough for you to turn that into a product service offering; and if so, how do you price it?”
The exciting part of this opportunity is that it’s another way to enhance business models and the value proposition—and it’s not just for big companies,” agreed Hahn. “Everybody’s got a chance to play further down the economic ecosystem of the business [each is] in. It’s about understanding that economic model, that market map and figuring out how to use the tools you have to collect that
value. It’s a pretty exciting time.”
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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.
