Wins Strategy of the Year 2014

In: Computers and Technology

Submitted By carousel
Words 1179
Pages 5
online january 20, 2015

The Internet of Things
Wins s+b’s 2014
Strategy of the Year
The linking of billions of devices through the Web has scaled the heights of strategy fashion. by ken favaro

www.strategy-business.com

strategy+business

www.strategy-business.com

The Internet of Things Wins s+b’s 2014 Strategy of the Year
The linking of billions of devices through the Web has scaled the heights of strategy fashion.

1

by Ken Favaro

W

hat was the “it” strategy of 2014? In my last post I asked for your nominations, and I received many great candidates. This comes as no surprise: Ever since strategy became the word business leaders use to give something great importance, there’s been no shortage of “next big things.” And the past year was no exception. Big data strategy continued the streak of popularity that won it s+b’s 2013 Strategy of the Year. “Agile strategy” entered into the business vocabulary from its roots in software development. And
I increasingly heard “What’s your Uber strategy?” as the so-called sharing economy gained traction, and “What’s your cloud strategy?” as more companies outsourced their computing power and digital data storage to thirdparty suppliers.
But there can be only one winner, and s+b’s pick for the 2014 Strategy of the Year is Internet of Things (IoT) strategy. Two standout runners-up, however, are worth noting. One is “corporate trust strategy,” which strikes me as being the next generation of corporate social responsibility, and which raises some interesting questions. Can having high trust equity give a company an advantage in buying and owning businesses (think
Berkshire Hathaway)? Can trust—building it, protecting it, and exploiting it—be a distinctive capability that enables a business to win in its target market? How much does trust enter into the equation, consciously or…...

Similar Documents

Towards the Sustainable Corporation: Win-Win-Win Business Strategies for Sustainable Development

...Towards the Sustainable Corporation: Win-Win-Win Business Strategies for Sustainable Development John Elkington §§ I often wake up in the middle of the night," Pope John XXIII once said, "and start thinking about grave problems—and decide to talk about them with the Pope. Then I wake up completely and remember that I am the Pope." Western industrial societies have undergone a similar awakening over the last three decades as the scale of the environmental and natural resource problems they face has become increasingly clear. In doing so—and before they finally accept that the responsibility for tackling these problems is theirs, not something to be pushed onto future generations—they typically move through a number of stages. These have included: ignorance awakening denial guilt reduction, displacement behaviour, and tokenism conversion integration In the wake of the publication of Our Common Future, the 1987 report of the World Commission on Environment and Development,' and the UN Conference on Environment and Development (UNCED) held in Rio de Janeiro in June 1992, the concept of sustainable development—involving the integration of environmental thinking into every aspect of social, political, and economic activity—has become central to the environmental debate. This article considers some of the ways in which business is now developing new "win-win-win" strategies in this area to simultaneously benefit the company, its customers, and the environment. I Towards......

Words: 3471 - Pages: 14

Strategy to Win in Capital Market

...Win by fortune and Hard-Work!!! Win by fortune and Hard-Work!!! Win by fortune and Hard-Work!!! Win by fortune and Hard-Work!!! Win by fortune and Hard-Work!!! Win by fortune and Hard-Work!!! Win by fortune and Hard-Work!!! Win by fortune and Hard-Work!!! Win by fortune and Hard-Work!!! Win by fortune and Hard-Work!!! Win by fortune and Hard-Work!!! Win by fortune and Hard-Work!!! Win by fortune and Hard-Work!!! Win by fortune and Hard-Work!!! Win by fortune and Hard-Work!!! Win by fortune and Hard-Work!!! Win by fortune and Hard-Work!!! Win by fortune and Hard-Work!!! Win by fortune and Hard-Work!!! Win by fortune and Hard-Work!!! Win by fortune and Hard-Work!!! Win by fortune and Hard-Work!!! Win by fortune and Hard-Work!!! Win by fortune and Hard-Work!!! Win by fortune and Hard-Work!!! Win by fortune and Hard-Work!!! Win by fortune and Hard-Work!!! Win by fortune and Hard-Work!!! Win by fortune and Hard-Work!!! Win by fortune and Hard-Work!!! Win by fortune and Hard-Work!!! Win by fortune and Hard-Work!!! Win by fortune and Hard-Work!!! Win by fortune and Hard-Work!!! Win by fortune and Hard-Work!!! Win by fortune and Hard-Work!!! Win by fortune and Hard-Work!!! Win by fortune and Hard-Work!!! Win by fortune and Hard-Work!!! Win by fortune and Hard-Work!!! Win by fortune and Hard-Work!!! Win by fortune and Hard-Work!!! Win by fortune and Hard-Work!!! Win by fortune and Hard-Work!!!...

Words: 265 - Pages: 2

Reviewing Strategies for Preparation of 4th Year Nursing Students for Upcoming

...CHAPTER 4 PRESENTATION, ANALYSIS AND INTERPRETATION OF DATA This chapter presents the results of the survey on different reviewing strategies that are beneficial for the preparation in taking Nursing Licensure Examination of the 4th year nursing students batch 2010-2011, analysis and interpretation of data. Sample characteristics One hundred three Fourth Year Nursing Students of Laguna College Batch 2010-2011, sixty July 2010 Nursing Licensure Examination passers and twenty Clinical Instructors and Administrators completed the questionnaires. Participant characteristics are shown in Figures 4.1, 4.2, 4.3, 4.4 and __________. [pic] Figure 4.1. Age Distribution of the 4th Year Laguna College Nursing Students According to Figure 4.1 the age distribution profile of 4th year nursing students of Laguna College batch 2010 -2011 with a total of 103 taken as population sample has 44% or 45 respondents of age 19 years old and below, 50% or 52 respondents from age 20-25 years old and 6% or 6 respondents from age 26 years old and above. [pic] Figure 4.2. Gender Distribution of the 4th Year Laguna College Nursing Students Figure 4.2 shows that out of the 103 fourth year nursing students taken as sample population, 73 respondents or 75% of the sample population are female and 30 respondents or 25% of the sample populations are male. [pic] Figure 4.3. Age Distribution of the...

Words: 1861 - Pages: 8

Study Habits and Academic Performance of Third Year Students of Bsit Year 2014-2015

...Chapter 1 THE PROBLEM AND ITS BACKGROUND Introduction The extent of student’s learning in academics may be determined by the grades a student earns for a period of learning has been done. It is believed that a grade is a primary indicator of such learning. If a learner earns high grades it is concluded that they may also have learned a lot while low grades indicate lesser learning. However, many experiences and studies found out that there are also several factors that would account for the grades. No single factor can be definitely pointed out as predicting grades. It has been interplay of so many factors – gender, IQ, study habits, age, year level, parent’s educational attainment, social status, number of siblings, birth order, etc. In fact, almost all of existing environmental and personal factors are a variable of academic performance. However, at this point in time, the researchers would like to investigate the possible relationship of study habits and the factors affecting it to the academic achievement of college students of University of Cagayan Valley. The investigation of on this area thus becomes a real and compelling motivation for the researchers to conduct this study. Learning is acquiring new, or modifying existing, knowledge, behaviors, skills, values, or preferences and may involve synthesizing different types of information and a continuous process.   There are many ways to attain learning.   One way to attain learning is by studying at school.   School......

Words: 1290 - Pages: 6

Team Win

...Course Title Institution Name Student Name Professor Blanson Date Table of Contents INTRODUCTION 3 The Ripple Effect 3 Companies Goals 4 Long Term Relationships 4 REFERENCE 5 INTRODUCTION According to Timm (2014), “The ripple effect happens when upset customers tell other people” (pg. 7). The Ripple Effect is referred to the activity that starts from very small point and then rapidly emerges into something substantial. It is very similar to exciting news that is generated by one person and it spreads all over his social network within no time. When it comes to customer relations ripple effect has a great impact, since the word of mouth of the customer works as a ripple effect for a company. The Ripple Effect The ripple effect in customer relations is a very sensitive term. It can be highly beneficial if used efficiently or it can degrade the brand within short time. Due to so many look-a-like products and services available in the market today, customer has a lot of option from which he can choose (Timm, 2014). This can be better understood when we consider fast food restaurants. Today, there are so many restaurants that offer the same burger at a price which is quite similar to others. However the augmentation is very different for every restaurant. Creating high value for customers has become mandatory for the restaurant owners now, hence customer services level have raised a lot. People expect the restaurant serviceperson to greet when they arrive...

Words: 653 - Pages: 3

Flexibilty - Win, Win for Employers and Workers

...TermPaperWarehouse.com - Free Term Papers, Essays and Research DocumentsThe Research Paper Factory Join Search Browse Saved Papers Search Home page » Business and Management Flex Time In The Work Place In: Business and Management Flex Time In The Work Place Wade Dougherty ENG Composition l Persuasive Essay Flexibility – Win, Win for Employers and Workers The pace of life dictates ever changing priorities and requires acceptance, tolerance and flexibility. While a source of income is still required, the company where one is employed may not have as much influence if the career detracts significantly from the non-work related needs of the individual. Furthermore, if companies are insensitive to employee needs, and work becomes a significant source of stress, not only does worker productivity lessen but that company’s name and reputation as an employer may hinder its own ability attract necessary quality employees. Employees and employers alike are looking for ways to increase worker satisfaction. One increasingly attractive solution is the growing acceptance of a flexible work week and schedule. Prominent employers like Kraft Foods, Texas Instruments and First Tennessee Bank have implemented these changes for their workers to boost productivity while increasing job satisfaction (Forbes). Employers are also using these flex schedules as a way of attracting and retaining their employees. For example, “In 1999 only 18 companies on Fortune magazine’s list......

Words: 342 - Pages: 2

The Effects of Facebook on the Academic Performance of the Selected Fourth Year Students of Amazing Grace School S.Y 2013-2014 (Chapter I)

...study aims to know the effects of Facebook to the academic performance of the selected fourth year high school students of Amazing Grace School S.Y. 2013-2014 and the purpose is to know if the effects will positively or negatively affect the academic performance of the respondents 1. How often do the respondents use Facebook? 2. What are the effects of using Facebook on the academic performance of the selected students? 3. How will Facebook affect the academic performance of the selected students? Hypothesis There is no significant effect of Facebook on the academic performance of the selected fourth year students of Amazing Grace School S.Y 2013-2014. Significance of the Study This study will benefit the parents in a way that they may be informed on how their children spend their time. Parents may inform their children on how their academic performance will be affected by using Facebook. Teachers can have a connection through Facebook, so that they can decide their own strategies and methods. Students will benefit in a way that they will have ideas on how Facebook will affect their academic performance. Moreover, they may be informed on proper time usage. Scope and Limitations This study was conducted to determine the effects of Facebook on the academic performance of the selected fourth year students of Amazing Grace School during the school year 2013-2014. The positive and negative effects and the time spent in using Facebook were the......

Words: 639 - Pages: 3

Win - Win with Assessments:

...Guest Author: Win - Win With Assessments: The Due Diligence of the MPS Consulting Process By Petra Diener, James Duckenfield, and Neel Tikkoo NewField IT Established in 2003, NewField IT is headquartered in London and provides state of the art software and services. The company also has offices in France, the Netherlands, and the U.S., operating across more than 40 countries worldwide. The company takes a holistic and analytical approach – from discovery through design to implementation and support – in order to accomplish streamlined print and document workflow processes. NewField IT is not a supplier of Managed Print Services (MPS) or Managed Document Services (MDS); rather it has two core lines of business: Consulting and Systems Integration and Support. Through its consulting practices, NewField IT assesses the requirements for print and document workflow and management and provides procurement assistance. It also provides automated assessments and modeling of office workplaces and reprographics, deploying its in-house-developed Optimization Toolsets: Asset DB® and Analytics Platform CompleteView®. Through its Systems Integration and Support implementing practice, NewField IT integrates and supports 3rd party accounting and print management software such as eCopy Equitrac, EveryonePrint, NSi AutoStore, RightFax, SafeCom, and YSoft SafeQ. Assessments are the underlying bedrock and the genesis of any MPS strategy in a consulting process. They also represent an......

Words: 1717 - Pages: 7

Coping Strategies of Fourth Year Students in Santa Rosa Science High School During Examination for the School Year 2011-2012 (Research Proposal)

...COPING STRATEGIES OF FOURTH YEAR STUDENTS DURING EXAMINATIONS IN SANTA ROSA SCIENCE HIGH SCHOOL YEAR 2011-2011 A thesis presented to the faculty of Polytechnic University of the Philippines In partial fulfillment of all the requirements on RH 630 Research Seminar I Master in Educational Management By Ms. Jesusa G. Habig Summer 2011 Chapter I THE PROBLEM AND ITS BACKGROUND Introduction In schools, every student guaranteed to have tests. Unfortunately, many students do not handle the stress taking exams well. Despite what some people might think, all stress is not bad. How students cope with stress is different story. If the student is able to take exam stress, feeling and forcing oneself to act in a positive way, such as studying effectively, stress can be good. Not coping well with exam stress however can make attending school difficult. Learned resourcefulness theory suggests that people high in resourcefulness can minimize the negative effect of stress on their performance, therefore they can do better than less resourceful individuals under stressful conditions (Rosenhaum, 1990). The purpose of this study is to determine the coping strategies of fourth year high school students of Santa Rosa Science and Technology High School during examinations and to investigate the effects of coping strategies on students’ satisfaction and academic achievement. It will help students and teachers have a satisfying teaching and learning relationship. ...

Words: 3845 - Pages: 16

Wins Strategy of the Year 2014

...online january 20, 2015 The Internet of Things Wins s+b’s 2014 Strategy of the Year The linking of billions of devices through the Web has scaled the heights of strategy fashion. by ken favaro www.strategy-business.com strategy+business www.strategy-business.com The Internet of Things Wins s+b’s 2014 Strategy of the Year The linking of billions of devices through the Web has scaled the heights of strategy fashion. 1 by Ken Favaro W hat was the “it” strategy of 2014? In my last post I asked for your nominations, and I received many great candidates. This comes as no surprise: Ever since strategy became the word business leaders use to give something great importance, there’s been no shortage of “next big things.” And the past year was no exception. Big data strategy continued the streak of popularity that won it s+b’s 2013 Strategy of the Year. “Agile strategy” entered into the business vocabulary from its roots in software development. And I increasingly heard “What’s your Uber strategy?” as the so-called sharing economy gained traction, and “What’s your cloud strategy?” as more companies outsourced their computing power and digital data storage to thirdparty suppliers. But there can be only one winner, and s+b’s pick for the 2014 Strategy of the Year is Internet of Things (IoT) strategy. Two standout runners-up, however, are worth noting. One is “corporate trust strategy,” which strikes me as being the next generation of......

Words: 1179 - Pages: 5

2014 Year of Automobile Recalls

...2014: Year of Automobile Recalls 2014 is almost certainly going to enter the record books as the year of automobile recalls. According to the data released by Associated Press, more than 550 recalls have been issued by the automakers for more than 52 million vehicles this year with 2 months still to go. Almost every major automaker has recalled its vehicles this year. Be it global giants like General Motors with 26 million cars, Ford with 202,000 cars or Indian auto giant Mahindra and Mahindra with around 23,000 units recalled in July, almost everyone across the globe recalled their vehicles. 2014 has beaten the previous record of 30.8 recalled vehicles set in 2004 by a substantial margin. One question that comes to our mind reading these staggering numbers is whether the automobile industry becoming more and more inefficient or is there something more to the picture? This decade has already seen more cars recalled than the entirety of the 1970s, despite there being fewer recall campaigns. Image: Society of Automotive Analysts/NHTSA data The SAA report also found, based on NHTSA data, that the number of recalls for safety-related components has also increased, although the data is more volatile than trends as a whole. New technologies in automobile industry Automobile industry has seen a lot of changes in the last decade. Now days, cars are becoming more and more like a high tech device on four wheels. Technological improvements in wireless communications,......

Words: 1803 - Pages: 8

Wal-Mart & Target – 2014 Holiday Season Strategy

...Wal-Mart & Target – 2014 Holiday Season Strategy Retail stores Target and Wal-Mart have tacked holiday season in a different way this year compared to before. In previous years, there has been a trend to bring Black Friday’s discounts earlier in November, however, this year Wal-Mart and Target went beyond all market expectations. Wal-Mart’s strategy for the holiday season is “to offer the best brands, to make shopping experience easier, and to continue providing low prices than competitors to bring joy to their customers”, says Duncan Mac Naughton, Wal-Mart Us Chief Merchandising Officer. For 2014 Holiday season these retail stores have begun the season sales on November 1st, providing Black Friday and Cyber Monday discounts from the first week of November all the way till the week before Christmas, stretching the holiday season almost an additional month compared to previous years. Brian Cornell, Target’s Chairman of the Board and CEO, says “Target’s promise is ‘Expect More. Pay Less’, and when we do that, Target is impossible to beat”. Retail stores depend largely on their pricing in order to be competitive and successful in their industry. In order to be able to achieve success, these stores need to implement a pricing strategy that goes in accordance to their mission. In the case of Target and Wal-Mart, their pricing strategy is based on a maximum market share pricing objective. When looking and this retail stores, they possess a huge part of the market and they......

Words: 1162 - Pages: 5

Analysis of Best Buy’s Financial Statements of Year Ending February 2014

...Buy’s financial statements of year ending February 2014 Date: 04/12/2015 Introduction: This memorandum is a clear and detailed analysis of Best Buy’s financial statements of year ending February 2014. I have analyzed the statements in the following perspectives: revenues and expenses, assets and liabilities, financial flexibilities, ownership structure, estimations and faithful representations. Considering overall conditions I have analyzed, I recommend to buy the stock of Best Buy for a long time and buy a 10 year long bonds. Revenues and Expenses Analysis Revenues Best Buy Co., Inc., as a worldwide retailer specializing in selling technology products, generates its revenues mainly by accepting online orders and setting retail stores in many countries, including United States, Canada, China and Mexico (Merchandise and Services, 5). Best Buy also provides technological services in some areas, as another way to generate revenues (Description of Business, 4). Revenue is recognized from fixed sales price of merchandise and services, extended warranties, gift cards and credit financing (Revenue Recognition, 67). All of these mentioned resources lead to the total after-tax revenue, which is listed in its income statement. The income statement is comprised of three consecutive years revenue, making it easy to be compared by outsider investors. After analyzing the revenue, it is easy to find that the total revenue of fiscal year ended 2014, $42.41 billion,......

Words: 1837 - Pages: 8

Gamestop Plays to Win

...Strategic Case 6: Gamestop Plays to Win Carol Craig Wayne County Community College July 30, 2014 Table of Contents Introduction 3 Role of Physical Distribution in Retailing Strategy 3 Dual Distribution and Gamestop’s Marketing Efforts 4 Time, Place, Possession, and Form Utility 4 Game Vending Machines on College Campuses 5 Introduction Gamestop was founded in 1996 as a specialty retailer of new and used video game hardware and software. They have 6,600 stores in 17 countries and stock popular video game consoles and accessories from Sony, Microsoft, and Nintendo, plus thousands of games. They have a highly aggressive retail strategy with goals to open 400 new stores every year. With the current marketing strategy and business plan, Gamestop rings up $9 billion in annual sales. They sell to customers in traditional brick and mortar buildings, as well as, online sales.( Pride, W. M., & Ferrell, O. C. (2014). Marketing. Retailing, Direct Marketing, and Wholesaling, 16, 553.) Role of Physical Distribution in Retailing Strategy Physical distribution is the set of activities concerned with efficient movement of finished goods from the end of the production operation to the consumer. Physical distribution takes place within numerous wholesaling and retailing distribution channels, and includes such important decision areas as customer service, inventory control, materials handling, protective packaging, order procession, transportation, warehouse site selection, and......

Words: 1101 - Pages: 5

British American Tobacco Investment Strategies: Past 5 Years

...Investment strategy The information provided below have been mainly extracted from the Annual Reports of the five-year period subject to analysis. INTRODUCTION BOOK In the last five years, the tobacco industry has remained fairly stable, with little M&A activity undertaken by the leading industry players. British American Tobacco aims to increase its market share and to become the biggest publicly-listed tobacco company. In pursuing this intention (objective, goal), the company has completed a number of strategic investments and partnerships focused on its future growth. The analysis is conducted on a year-by-year basis, highlighting the most important M&A activities undertaken by the company. 2011 has been an important year for the company: it has completed the acquisition of Productora Tabacalera de Colombia, S.A.S. (Protabaco) in a deal worth £295mil.The main aim of this acquisition was to increase the volumes and profits in the American region. The volumes in that region were down more than 1bn to 142bn due to a contraction of sales in Brazil (mainly due to the high rate of illicit trade of tobacco products) but an increase in sales in Colombia partially offset it and the company’s revenues increased from £3,558mil to £3,742mil (at constant rates of exchange). In addition, this acquisition led to a growth for the Global Drive Brands and Mustang, one of the most popular brand acquired in the acquisition. In the meanwhile, the company established a......

Words: 1360 - Pages: 6