Posts Tagged ‘n=1’
Business Process as Enablers of Innovation: An Introduction
As firms transition to a world of N = 1 and R = G, the nature and sources of competitive advantage will change. So will the nature of managerial capabilities required to effectively compete in that market. Managers will have to ask themselves a set of questions that are the natural result of this transition: How do we think about new sources of competitive advantage? What are the enablers of innovation in my firm? Continue to read Business Process as Enablers of Innovation: An Introduction by clicking the title.
N=1 And R=G: A Social Movement
It must be obvious to you by now that the new competitive landscape is not just a weak signal of change, but rather a social movement. Whether it is buying tires, renting movies, buying insurance, watching TV and consuming news, checking in at a kiosk in an airport, or self-checking out in a supermarket (even if it takes a little bit longer and more work), we are migrating rapidly to an N=1 world. We see this everywhere. If business leaders aggressively adopt these trends, we will witness historical new growth for businesses by 2015. We believe that a large enough sample of firms in critical industries will be successful over the next few years to provide the role models and confidence that will inspire many to follow this approach and adopt its strategic options. Continue to read “N=1 And R=G: A Social Movement.”
Transformation of Business: Forgetting and Learning
This post is about what we have to forget about the traditional business, what we are experiencing now and what we have to learn when the business transforms to the N=1, R=G framework.
The N=1 and R=G World
Today, we are somewhere between where we need to be and where we started the journey. We have “global” supply chains and a host of suppliers. Not all resources and competencies are resident within the firm. Simultaneously, we have segmented the consumers in many ways, including in some industries moving toward mass customization. But our thinking about consumers does not reach the N = 1 standard. Nor are we fully able to leverage the global resource capabilities available to the firm.