Davos week is a time for brash statements and big predictions, and no more so than when discussing technology. However, with the visionary talk now over, Stefan Stern warns managers to deal in realities not futuristic fantasies.
If business leaders are to avoid a being swept away by today’s digital tsunami, they need to lead the company transformation. This requires senior executives to understand the innovations that are heading their way, says IE’s Silvia Leal.
The combination of people, technology, and processes provides an ideal opportunity for companies to increase their competitive advantage. Santiago Íñiguez, Executive President of IE University, reflects on the main attributes of ‘cosmopolitan managers’ and the importance of fostering organisational knowledge and cultivating friendship within organisations.
A family business survives and thrives thanks to a delicate balance of economic, business, social and emotional factors. But this requires a unifying and transformative leadership model, says IE’s Manuel Bermejo.
Becoming a data-driven company involves more than a shift from one IT system to another. Customers, employees, processes, products, and ultimately the entire organization are transformed into data streams to be analyzed and understood. Some processes will become obsolete, while critical thinking and analytical skills, more in demand.