You see disruption on the horizon, you recognize a big market, you know the change is coming, you know technology is going drive it, you know the value and business models are about to fundamentally change – now what? GE’s Bill Ruh highlights how industrial firms can be proactive and take digital transformation in to their own hands – before they are disrupted themselves.
To be a successful omnichannel retailer in the age of e-commerce, Target can no longer simply continue to incrementally improve each individual aspect of its business. Instead, the company needs a unique and systemwide digital supply strategy that will strengthen Target’s customer promise as well as its bottom line.
As customer demand for greater computing power and product customizations grows, Intel must ask itself, “What is the future the computing supply chain?” and find a way to stay relevant as microprocessors gain further dominance.
3D printing and virtual warehousing has the power to improve the consumer offering and increase the efficiency of the supply chain by providing wider product variety with faster delivery while accessing scale manufacturing advantages and reducing inventory holding cost and production waste. This technology has the potential to fundamentally change global trade dynamics, consumer buying behavior and business strategy as it enables a shift away from the physical and into the virtual.
Written by Sonali Bloom, HBS ’17. This post was originally published on the Digital Initiative’s classroom blogging platform. Craigslist grew rapidly by leveraging hyper-local network effects — but now faces market share erosion as other platforms enter niche segments. Who will win, and how?
Written by Yuval Gonczarowski, HBS ’17. This post was originally published on the Digital Initiative’s classroom blogging platform. What started as a place for disgruntled employees to share their frustrations with the people upstairs anonymously, quickly became a money-making machine.
