The development of new, disruptive and innovative technologies is one thing. Commercializing them and getting them flying off the shelves is another. In the current supersaturated market of innovations, from wearable technology to big data, the role of the technology evangelist can make all the difference to the business of a technology provider. But individual organizations can, and should, have such an evangelist too. Yet there can be a darker side.
From the smallest business decisions to the largest ones, risk influences all that we do. But taking a risk is not exactly like spinning a roulette wheel, where luck is the primary ingredient for success. With use of the right tools, risks can carefully be calculated, controlled and managed, greatly reducing the variable of bad luck.
Senior management executives are increasingly budgeting for information-technology purchases particular to their own functional areas or departments, beyond what's included in corporate and IT-department budgets.
Although the corporate tax director doesn't normally pow-wow each week with the head of sustainability, a new green-tax index just might encourage more talking between the two - and maybe with the CFO in on the conversation.
U.S. multinational companies that routinely allocate their profits to other countries to benefit from low-tax jurisdictions may soon need to change their tactics.
"Collaboration" and "supply chain" go hand in hand, or you might think they should. But there are two kinds of collaboration with respect to supply chains. While many companies are focused on working with suppliers to arrive at more efficient and effective solutions, studies have repeatedly shown that far fewer work cross-functionally inside the organization to achieve the same result.
