Insights.
Quantum Computing Applications Worth Considering and Challenges
The relentless progress in both quantum hardware and the development of quantum algorithms has brought quantum computing much closer to real-life use cases. As an emerging paradigm, quantum computing offers the potential to provide a significant computational advantage over conventional classical computing by exploiting the principles of quantum mechanics, and this article dives into some of the upcoming applications with the greatest practical potential.
Setting Up a Successful Transformation Strategy with Smart Technologies
Companies are constantly changing, adapting their structures, resources, and objectives as they evolve to overcome the inertia that impedes change. There are different approaches when it comes to addressing business transformation with smart technologies that imply different ways of understanding the reasons, timing and opportunity to carry out the changes and that have consequences on the risks and costs of transformation.
The Art of Ambidexterity, Crucial for Organizational Transformation
Deep transformation initiatives deliberately introduce organizational changes that are global and pursue ambidexterity, namely, the simultaneous combination of two different modes of operation within the organization, the exploitation mode and the exploration mode. In general, companies will use different approaches in their exploration and exploitation strategies. Companies will have to find the right balance between their exploration and exploitation strategies.
Tackling Smart Transformation by Developing Dynamic Capabilities
In the new era of data and smart technologies, the tangible resources on which the fundamental competitive capabilities of businesses used to be based are beginning to lose relevance in favor of the intangible assets and services delivered by organizations. By developing a dynamic capabilities strategy companies can strengthen their ability to deliberately modify their resource base and cope with the challenges of business transformation.
Digital Transformation, Evolutionary or Disruptive?
Managing digital transformation requires orchestrating work within the firm to achieve better products/services and build business models that harness the benefits offered by digital technologies. Firms must consider digital transformation seriously, whether it takes place in an evolutionary or disruptive way, because those that do not adapt to the digital environment will be victims of "digital Darwinism".
