Digital Strategy

Success Lessons from Digital Leaders and Their Followers

15 Dec , 2018  

There is an open debate among economists and business leaders on why digitization leads to a near winner take-all business model. We see the dominance of one search tool in Google and Netflix over other movie providers. In decades past, it was common to have a movie theater in each community and local bakers everywhere. In other business models, especially those driven by personal relationships and locality, we have seen many scores of offerings simultaneously. In fact, achieving scale for the seller was very hard.

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Analytics, Big Data, Digital Strategy, Leadership

Facebook: Mind Your P’s!

25 Nov , 2018  

Facebook has never felt the heat it is feeling now. How did this happen? They are a darling promising marketers the reach to nearly every person through customized media. Success was rolling in as more and more advertisers saw the light and loaded up on ads. And, why have Amazon, Apple, Microsoft with its LinkedIn […]

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Global Insights, Innovation

Ultimate Privacy Will Soon Be Lost

13 Oct , 2018  

Companies often grapple with the challenges of respecting customer privacy. Although most firms do not seek to cause or do harm, data breaches, inadvertent misuse of data, and unauthorized publishing of data seem to ultimately happen. Data on a social media site, on a shopping site, or from your gym membership may seem sensitive. But, […]

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Digital Strategy, Innovation

Finally, A Disruptor to Uber…Maybe

11 Oct , 2018  

Google’s Waze has been making waves by using its data about cars on the road to assemble the largest carpooling platform ever. This has the potential to disrupt Uber. On Waze, you can schedule a ride with a driver going the same direction as you. You can see reviews of riders, drivers, and make a […]

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Innovation, Leadership

A Chicago Icon is No More – 5 Lessons for Retailers

4 Oct , 2018  

A few days ago, the Chicago chain of grocery stores, Treasure Island Foods, announced that it is closing. The store has been a Chicago institution for some 55 years, serving urban areas with mostly small format stores, filled with both common and hard to find items. Julia Childs once called Treasure Island Foods, “America’s most […]

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Digital Strategy, Innovation

Uber-fication: Lessons from Uber in Economics, Digital, Risk, and Analytics

22 Nov , 2015  

Uber-fication: Lessons from Uber in Economics, Digital, Risk, and Analytics

With the continued growth of Uber in many markets, it is worth considering what Uber has done that drives such success and why so many businesses are seeking an Uberization or Uber-fication¬† solution to their business. Below is a listing of lessons on what to do if you are seeking to Uber-ize your business model. […]

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