Showing posts with label future. Show all posts
Showing posts with label future. Show all posts

Anywhere: How Global Connectivity is Revolutionizing the Way We Do Business Review

Anywhere: How Global Connectivity is Revolutionizing the Way We Do Business
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This book hits the pluses and provides an optimistic view of emerging connectivity, but it's weak on addressing the downsides and reality of it. So, I'll begin by pointing out a few things this book overlooks. Then I'll sum up what it addresses.
What the author doesn't tell you
First, there's the productivity cost. It's huge. I used to carry a cell phone everywhere. Now, I don't use one. In fact, I rarely answer my regular telephone. Sometimes, I unplug it for hours at a time.
I don't like being interrupted, especially when I'm trying to do something productive. A business that inflicts constant connectivity on its employees has a highly distracted workforce. Ms. Green makes it sound as though the Twitter-averse among us are like the e-mail-averse of times past. But this is an apples to oranges comparison.
Second, there's the attention cost. E-mail is asynchronous. Texting and tweeting are "immediate response" activities. Can anyone who's chained to a frequently-interrupting device really pay attention to any worthwhile activity? Any technology that interrupts you simply because it can is just too costly, unless you aren't the kind of person who does anything that matters.
Third, there's the subscription cost. If you have a mobile data plan, ask yourself what you are really getting for all that money. If it's just interruptions and the ability to send/receive throwaway photos, then it might not be all that good. For a business, a mobile data plan may be essential. But how many people are paying $99 a month or more for something that they probably would not miss if they stopped using it? If you have one of these plans, is it making your life better or is it an addiction?
A fourth problem is the devices are insanely small. It's not convenient to carry around a pair of reading glasses just so you can take a phone call. I have a PocketPC that I don't use because I can't read the screen in daylight at all, and indoors I need reading glasses to read it. The manufacturer's solution to this problem was to make the next generation even smaller.
Ms. Green also indicates that older folks just don't get it and will eventually be replaced by their hipper, more tech-savvy younger counterparts through retirement. What she overlooks is the reason older people are far less adoptive of this technology than younger people is presbyopia. We have reams of data showing that humans need larger fonts as we age. That's just the way it is. When the devices are explicitly designed for people under 25 and consequently exclude people beyond a certain age, the adoption rates by age are quite predictable.
So, we have some huge barriers to "anywhere" connectivity. For the vast majority of us, it just isn't workable. Does that mean we aren't going to see vastly increased connectivity that is far more mobile than today? No. But it does mean the connectivity needs to serve the users rather than make them servile to it, and it must not rely on unreadable screens or gadgets that seem designed expressly to annoy the users. Until those requirements are met, connectivity will fall far short of its potential.
What the author does tell you
Ms. Green addresses this topic of ubiquitous connectivity in 250 pages. The book consists of four Parts:
Part I: Welcome to Anywhere. This consists of three chapters, and in these she outlines and describes the "Anywhere Revolution." I think these three chapters give the reader a good feel for where we're eventually heading and why.
Part II: The Anywhere Consumer. This consists of three chapters, and in these she presents four basic category of consumer. I'm not sure about these categories. I have fit into three of them at one time or another, and don't see where I fit presently.
I don't have her research data, but it seems to me there is a fifth category that has a higher population than the other four combined. I call it "Annoyed Consumer." We get tired of Windows memory problems, crap that pops up when you're trying to type, screens we can't read, interruptions we don't want, high bills from service providers, and just a host of usability issues. We are not amused.
Part III: The Anywhere Enterprise. This consists of two chapters. I think it needs a third. Ask hiring managers about what bugs them today, and you are going to hear "Kids texting during interviews." There is a difference between productive connectivity and counterproductive connectivity. The author doesn't explore this, at all. A chapter on how businesses can properly address this difference seems essential to me.
For example, do you really want your sales people texting during a sales call instead of focusing on that customer? Of course not. But at the same time, it would be wonderful for a sales person to be able to answer a question for the customer to close the sale. Shortening the sales cycle can accelerate revenue, and that's generally a good thing. Insulting a customer through rude behavior, however, is generally not advantageous. The rudeness factor is a big problem with today's so-called "hip generation" and it's something business needs to be able to rechannel into positive behaviors.
Part IV: Profiting from Anywhere consists of four chapters. In these chapters, the author basically says you need to max out your anywhere quotient as fast as you can. This isn't quite the way things really are. Companies that still operate on paper processes and/or have very low connectivity do need to modernize. And some companies that are current with technology, processes, and connectivity do need to be working on upgrading as the bar rises. But these are the outliers on the bell curve.
Most of us would do well to assess, based on the information presented here, and plan for staying reasonably current. I think this book is helpful toward this purpose, because it gives a good view of what is coming. But the real challenge for profit-minded businesses is going to be properly restraining connectivity to the scope of the business.
A couple of years ago, we were in the midst of blogomania. The big advice was that businesses must blog or die. Following this advice has proven to be a colossal waste of resources for most businesses, and in 2010 this realization even dawned on some business journalists. Blogs and banality have come to be synonymous, with few exceptions.
Facebook appears to have peaked out and to now be declining in its influence and popularity. People can take only so much blather, meaningless detail, and banality before wanting to have a life.
Similarly, companies can divert only so many resources to nonproductive activities before seeing their customer service, productivity, and profitability slide. The issue isn't one of having enough connectivity. It's one of having the right connectivity.
A solution seeking a problem generally does more harm than good to a business. If a business has a problem that specific types of connectivity can solve, then it needs to look at adopting those kinds of connectivity. And quickly, before the problems metastasize. But a business must also look at the potential risks involved with that adoption and develop a plan that properly addresses those risks. Otherwise, the cure might be worse than the disease.
The SWOT analysis (Strengths, Weaknesses, Opportunities, and Threats) is a core business tool for evaluating new ventures, proposed projects, and other things a business might wish to evaluate. I think if the author had used this framework for Part III and Part IV, the book would have been far more useful.
An important point the author drives at again and again is every business must look at the connectivity issues that are here now and the ones that are emerging. I think this book definitely helps identify and define many key issues in that arena.

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Is your business prepared for the world of ANYWHERE?

"Companies are beginning to conceive, design, develop, and distribute products and services in profoundly new ways…But how to exploit this new connectivity? Read on."—From the Foreword by Don Tapscott, bestselling author of Grown Up Digital and Wikinomics
"Anywhere paints a compelling pictureof what the next transformation of wireless will look like and who it will impact.Those who want to capitalize on the new wireless world should read this book."—Dan Hesse, CEO, Sprint

"Connectivity is fast creating a level playing field among developed and emergingmarkets. Those who understand how to leverage the connected world will be bestpositioned to impact it. Anywhere is a must-read for anyone who wants to be arelevant leader in a global economy."—Rajeev Suri, CEO, Nokia Siemens Networks

"Emily Nagle Green takes it up a notch with a breezy style that makes the arcaneaccessible and the possible plausible. It's the kind of sensible outlook that can only comefrom deep knowledge and analytic rigor—both hallmarks of Yankee Group."—Tom Sebok, President & CEO, Young & Rubicam North America

"Required reading for anyone interested in understanding how and why communicationsadvances are fundamentally altering business. Green explains how the connectivityrevolution offers unbounded opportunity to thrive in the nascent Anywhere future."—Reed Hundt, former chairman, U.S. FCC

"This book highlights the unstoppability of the advance of connectivity, creating theimperative for business leaders to respond."—Ben Verwaayen, CEO, Alcatel-Lucent

About the Book:

A pill bottle helps health care professionalsmonitor patients takingmedication. A vending machine reports itsown inventory over a wireless network. Atelephone speeds checkout by serving as adebit card in retail stores around the world.

The future of the world—and business—is ubiquitous connectivity, the totalinterconnection of people, ideas, andproducts through a global digital network.As the network grows and the world of dataexpands, every citizen will have instantaccess to virtually anything he or she wants.

Where is this network? Anywhere. And youmust learn to use it to the fullest if yourbusiness is to thrive in the coming years.

In this groundbreaking book, Emily NagleGreen, president of Yankee Group, a leadingglobal connectivity research fi rm, charts acourse for the future by explaining:
The components of ubiquitousconnectivity and how they willcombine to transform the natureof business
How more than 50 of the world'sconnectivity pioneers and leadersexpect the revolution to unfold
The richest opportunities for yourbusiness—and how to seize them
How a totally connected world willchange customers—and what they want
Ways to develop a business strategythat harnesses the power of globalconnectivity

The world is charging ahead faster thanat any other time in history, and globalconnectivity will be here sooner than youmight think. Trillions of dollars of new valuewill be created on this worldwide networkfabric.

Are you moving fast enough?

The survival of your business depends onwhether you'll be there to meet it.Combining expert insight, tactical tools, andYankee Group's proprietary data on globalconnectivity trends, this forward-lookingbook provides what you need to reach thecustomer of the future . . . anytime andanywhere.


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Seeing What's Next: Using Theories of Innovation to Predict Industry Change Review

Seeing What's Next: Using Theories of Innovation to Predict Industry Change
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Seldom do I remember a book that totally replaces the old and popular business literature quite as effectively as Seeing What's Next does in superceding The Innovator's Dilemma and The Innovator's Solution. If you have not read either of those books, you can skip them now and read Seeing What's Next instead. If you have already read those books, you will be delighted to see how much more practical the advice is in Seeing What's Next than in the earlier two efforts.
Before going into the details of what the book covers, I want to especially compliment Professor Christensen for overcoming in Seeing What's Next two of the three most serious weaknesses of The Innovator's Solution -- the lack of discussing business model innovation and the omission of leading technology business model innovation examples.
In Seeing What's Next, the authors take on the challenge of helping executives and managers consider the likelihood of disruptive technology changes occurring and how they should evaluate their potential responses in light of current information. The analysis looks at both the perspective of the companies that will be disrupted and displaced as well as those who are leading the disruptions.
The book is a remarkable combination of theory, process suggestions and detailed case histories to explain the suggested process. As a result, this book will be the most practical guide available for technology executives until Professor Christensen brings out the next installment of his thinking in a future book.
In Part I, the authors use existing theories about disruptive innovations to suggest which signals to pay attention to as suggesting that opportunities exist, how to determine if competitors will be a factor in disruption, choosing an appropriate response and considering how government and other nonmarket influences can affect the result.
In Part II, the process of applying the Part I theories are exemplified in higher education, commercial aviation, semiconductor customer benefits, health care productivity, non-U.S.-based innovations and strategies, and the telecommunications industry.
The book also contains a stimulating conclusion and helpful summary of key concepts in the appendix.
As usual, Professor Christensen and his colleagues have provided many interesting and valuable footnotes. I usually found them to be as interesting as or more interesting than the text.
Having said so many nice things, you are probably wondering what the book's weaknesses are. I found a few that are worth considering before you start reading the book . . . which everyone should do.
1. The proposed analysis of signals and competitors is extremely elementary. It reminded me of the state-of-the-art in strategic thinking in 1971 when I first started as a strategy consultant at The Boston Consulting Group. Today, much better sources of information and means of analysis are available. I was surprised to see such primitive suggestions to such important questions.
2. In the competitive analysis, the book assumes rational competitors who understand where they are. In my experience, innovative situations have everyone confused and they mill about aimlessly . . . often acting against their own rational best interest.
3. The authors take the rationalist view that the future can be predicted well enough in one direction that you can plan and act based on that. Most experienced business people would not agree with that assessment. The opposing view is that you should develop scenarios of what might happen along a number of different extreme lines, and then look for directions that leave you better off regardless of which scenario occurs.
4. While the authors do a wonderful job of describing many disruptive innovations, they do a relatively poor job of discussing how to develop, nurture and accelerate the impact of such innovations. Hopefully, the next book will be much more of a "how to" effort in this direction.
5. Finally, while business model innovations are described in abundance, there's little connection in the book to a process for pursuing business model innovation along with technical innovation. As a result, the table is set . . . but no meal is served in this area.
How good is this book? Many people tell me that Good to Great is the most helpful business book they have ever read. I found Seeing What's Next to be a vastly better and more useful book. Try it.



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The Mobile Revolution: The Making of Mobile Services Worldwide Review

The Mobile Revolution: The Making of Mobile Services Worldwide
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This book offers a comprehensive review of mobile revolution up to the year 2005. The topics that are covered include market transformation (globalization, innovation, service pioneers), mobile consumer service (service innovation, content services, mobile media and entertainment) and mobile business services (mobile marketing and consumer behaviour, strategy and mobility). There are also extensive interviews cases with some 80 leading executives, which I do not find very useful.

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The Mobile Revolution tells the story of the making of mobile markets and services worldwide, exploring the mobilization that is transforming how we live, work and play. The first comprehensive account of the explosion of mobile services (rich voice, internet, messaging, content), from multimedia messaging and camera phones to location-based services and mobile phone television, it tells the fascinating story of these products and services in the pioneering markets of Europe, the United States and the Asia-Pacific, particularly Japan, China and South Korea. This book is essential reading for managers and marketers who must now mobilize their products, servi ces and companies. It looks in depth at the impact of mobility in consumer and business markets, strategy, and across all industries and shows how marketing innovation has been brought about by developments in mobile technologies.

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The SmartPhone Wallet: Understanding the Disruption Ahead (Volume 1) Review

The SmartPhone Wallet: Understanding the Disruption Ahead (Volume 1)
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I recommend David Schropfer "The Smartphone Wallet" book. This book is fundamentally sound and it is an easy to read. Davids practical view on next generation banking / smartphones is innovating and realistic. The book starts with describing today's banking / consumer function and the innovating technological movement on the horizon. Individuals involved in wireless banking and or any technology background interest should read this book.

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-- Do you use a mobile phone?-- Do you use credit cards or debit cards?If so, you need to know that a revolution has started that will impact you sooner than you think, and this book will tell you - the consumer - what you need to know now.The reality is that a torrent of advertising and promotional marketing is heading your way to try to convince you to use new services on your SmartPhone at retail stores. Perhaps you have already seen some, or signed up for some.These new services may seem novel, but this revolution is far more significant than that.At stake is the future of the credit card system that moves over $11 Trillion per year from consumers to retailers. Some of the largest companies in the world think this system should change, starting now. Other, equally large companies think everything should stay the same.These two sides are already lining up on a battlefield, with you standing in the middle. And, if you are not careful, the first casualty will be your privacy.Find out what is happening, how it may effect you, and what you can do about it. Read The SmartPhone Wallet - Understanding the Disruption Ahead............................................................................................PRAISE FOR THE SMARTPHONE WALLET:..........................................................................................."David Schropfer's consumer-focused look at the emergence of mobile payments is unique and refreshing.At Morris Advisors, we believe the keys to the mobile commerce kingdom are not in the hands of banks or wireless carriers.Consumers and merchants are ultimately the most critical stakeholders.Mr. Schropfer clearly articulates for us the consumer value proposition for mobile payments.I particularly enjoyed his thought provoking description of how wireless carriers could potentially deliver enhanced value for consumers while bypassing some of the incumbent payments industry players.A great read." Andrew B. MorrisCEO & Founder, Morris Advisors, Inc.Chair, Alternative Payments Committee, National Retail Federation's Mobile Retailing Initiative"The SmartPhone Wallet was a great read.The writing style made it an easy read.The content and perspective gave some very valuable insight into future trends of mobile payments.I can't wait for the next book in this series."-Meg Collin Global Telecom Procurement and Sourcing Expert "You're bombarded with information about mobile financial services that either expect you to know it all or treat you like a child. In other words, if you are like most of us then The SmartPhone Wallet is a book for you. The book will take you through the basics of payments, mobile networks, the intersection where they meet, and what this convergence can mean to you. A light yet substantive read, in the Scientific American style, will educate you enough so that you can draw your own conclusions and make your own decisions about the soon-to-be-offered products and services. Learn the history, the present, the trends; what is important and what is not. Know the risks, the costs, the business side and the technical side - enough to benefit you and help others to make the right decisions."-Mirek Kula Co-Founder and CEO, REC-ORDER, LLC'Just as credit and debit cards have largely displaced cash and checks, mobile wallets will surely displace physical payment tenders.The adoption of mobile wallets will be driven by consumer convenience and value.In "The Smartphone Wallet" David Schropfer outlines the background and evolving shifts in technology, financial services, and consumer preferences that converge to provide the mobile wallet, the next generation of electronic payments.This is a good read for anyone in the payments ecosystem."-Anand Goel Optimized Payments Consulting

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