8 Questions
What are the five levels that integrate an enterprise in the digital economy?
Strategic Enterprise Operations, Leadership, Culture, Resilience and Skills
What is the Fourth Industrial Revolution powered by?
Digital
How does the text describe the impact of the Fourth Industrial Revolution?
Uproots life at its very core
What does the text imply about data in the digital economy?
Data takes over everything connecting and networking from source to source in a continuous recurrence
How should the emerging challenges be met in enterprises facing a digital onslaught?
By connecting at five levels: Strategic Enterprise Operations, Leadership, Culture, Resilience and Skills
What is Enterprise Strategy?
Continuous Improvement Driven
What do you understand by Sales & Marketing?
Mobile Applications & Social Media
Which attribute best describes the state of Product/Service management in your enterprise?
Conceptualization to Commercialization in a Continuum
Study Notes
Digital Maturity Compass for Enterprise Transformation
- The Fourth Industrial Revolution is driven by digital technology, impacting life at its core with continuous, real-time data connectivity globally.
- Enterprises need to understand and respond to this digital revolution as an opportunity for renewal and continual transformation, from Innocence to Excellence.
- Five interconnected layers of an enterprise - Strategic Enterprise Operations, Leadership, Culture, Resilience, and Skills - are crucial in facing the digital onslaught.
- Enterprise management principles have evolved from Command and Control to Principles Driven Policies & Procedures, with the advent of Industry 4.0 enabling a more democratic approach.
- The transformation of enterprise structure, synergies, and systems is necessary to adapt to new concepts of technology applications and their cascading impact on culture, capabilities, and configuration.
- Enterprise strategy involves continuous improvement driven by innovation, customer-focused strategy, and trend-driven strategy.
- Sales & Marketing entail the fusion of life, enterprise technologies, real-time data fusion, unified real-time customer ecosystem, and conceptualization to commercialization in a continuum.
- The state of product/service management in an enterprise is described by attributes such as mobile applications & social media, real-time data fusion, and conceptualization to commercialization in a continuum.
- The journey of enterprise transformation requires mature resources and a clear origin and destination.
- The digital economy intertwines the five layers of an enterprise more than ever, democratizing structure and systems for innovation.
- The path of enterprise transformation journey is from Innocence to Excellence, and it needs to be understood as an opportunity for renewal and continual transformation.
- The principles of enterprise management have evolved over time, and with Industry 4.0, a more democratic approach is necessary to adapt to new technology concepts and their impact on culture, capabilities, and configuration.
Learn about the impact and layers of the Fourth Industrial Revolution, as well as the role of data in continuous recurrence. Explore Subbu Iyer's insights on guiding enterprise transformation in the digital era.
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