What kind of doorbell do you use? A buzzer? A door knocker or a Ring smart doorbell system?
Right now, you can see all three inventions in use: one that has been around for millennia, and another that was created just 20 years ago.
This shows the wide gap between tech invention and its wide-scale adaption. While the Ring doorbell system is now well known, some people still prefer to use a door knocker – a system that was developed before Biblical times.
This gap between a product or an idea existing, and its wide scale adaption, is where the biggest opportunities lie.
Listen to this episode to learn how to capture them, as a corporate leader, founder or investor.
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Digital Transformation is going to continue being a huge force in business, but the way it’s being done is changing. People, not tech tools, are the new priority.
Listen to this episode to learn how to make the most of this opportunity.
Learning notes from this episode:
If you’re feeling guilty about switching on yet another streaming series, here are three shows you can watch to learn about tech in your downtime:
The documentary features interviews with Matthew Ball, author of the excellent The Metaverse: And How It Will Revolutionize Everything.
This December, Microsoft (founded in 1975) took a 4% stake in the London Stock Exchange (founded in 1698). As part of this deal, the LSE will spend at least $2.8 billion on Microsoft’s cloud related services in the next 10 years.
Big Tech and finance have been getting closer and closer in recent years. The CME has a deal with Google, AWS has a deal with Nasdaq, and almost all banks and insurers now use big tech’s cloud services.
This is a sign of things to come for all industries, and carries lessons for Digital Leaders.
Lessons for Digital Leaders:
The senior management of the London Stock Exchange today has to have a different skill set to what it had 10 years ago, because digital technologies are now an integral part of the business.
This is a case study...
There is plenty of hype about AI, but most organisations are still using old precesses to make decisions.
We are in the Between Times: "after AI's clear promise and before its transformational impact," as described in the book Power and Prediction: the disruptive economics of Artificial Intelligence.
In this episode, Professor Joshua Gans, one of the book's co-authors explains why organisations are not yet adapting the full power of AI and what will happen when they do.
Learning notes from this episode:
To be digitally savvy, follow the 30% rule – this is the minimum threshold that gives us just enough digital literacy to thrive in the tech age, says Professor Paul Leonardi.
Software updates can have weird unintended consequences that the company doesn't even know about. Existing features that worked perfectly can stop working, leading to lost revenues and annoyed customers.
Listen to this episode to learn why this happens and how non-technical leaders deal with it when it does.
Learning notes from this episode:
Technology is a tool, not an end in itself. The quickest way to bridge the gap between tech and business teams is to relate business outcomes to technology.
Learning notes from this episode:
"Successful entrepreneurs don't have better ideas, they have a better process," says Eric Reis in The Lean Start-Up. To learn how to innovate with speed, listen to this week's episode.
Learning notes from this episode:
(Diagram from The Lean Start-Up)
A tech start-up begins its life with a tiny team. The founders are either technical or tech savvy, but as the company scales its team has to change.
Learn about the three stages of start-up team growth here.
Learning notes from this episode:
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