This blog is a business strategy discussion aimed at firms seeking to build and retain a competitive advantage through virtual business processes. It covers the topic of organizational readiness for virtual business and explores many of the components of determining organizational readiness including executive leadership readiness, IT readiness, IT governance and how to develop and execute a readiness plan. We will examine the common hurdles to readiness and how to overcome them.
Leadership - The Millennials Impact on Business
The Millennials, also known as GenY, are defined as those born between 1980 and 2000. According to a 2007 BSG Alliance Concourse Institute’s research study there are approximately 70 million Millennials in the U.S. today. For comparison, the boomer generation, those born between 1946 and 1964, measures in at 79.6 million according to the 2000 U.S. Census. There is an odd fascination with this generation, its rapid adoption of technology and how they fit into the business world.
Defrag 2008, A Social Networking Conference
Defrag 2008 was held in Denver last week. Defrag is a social networking conference that brings together innovators, businesses and investors for a couple of days of robust dialoging on the business value of social networking tools, what is available in the market and what is coming down the pipe. The last day of the Defrag conference did a smooth transition into the Denver-Boulder Technology MeetUp, which made for an immersive, intensive, educational experience on the state of social networking.
Alternative Energy Economy - Part II
The National Renewable Energy Laboratory (NREL) 21st Forum has drawn some high profile, powerful people. Colorado Senator Ken Salazar did the opening keynote address on Wednesday morning. His message of energy independence for the US, and our ability to get there quickly, was positive and compelling. Senator Salazar noted there are three driving forces behind the US's development of alternative energy: national security, environmental security and economic opportunities. This time around, alternative energy research and development, and commercialization will succeed, if only because we cannot afford to fail.
Alternative Energy Economy
We have jumped into the Alternative Energy Economy with both feet this year. The country has been dabbling in this space for decades, but when oil hit $100 a barrel, the outcry from people across the country was for investment in alternative energy. Fortunately, research has been quietly taking place in laboratories all over the country from universities, private businesses and national research facilities. The challenge we face now is bringing that intellectual property to commercialization.
