Author Archives: Greg Satell

Why The Future Will Always Surprise Us

When Peter Drucker first met IBM’s visionary CEO, Thomas J. Watson, he was somewhat taken aback. “He began talking about something called data processing,” Drucker recalled, “and it made absolutely no sense to me. I took it back and told my editor, and he said that Watson was a nut, and threw the interview away.” That was back in the ...

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Here’s How To Keep Your Data Project From Running Of The Rails

Data And Technology Don't Change Your Culture, They Reveal it - Innovation Excellence

We were told that “data is the new oil.” The Internet of Things combined with the ability to store massive amounts of data and powerful new analytical techniques like machine learning would help derive important new insights, automate processes and transform business models. It seemed like a massive opportunity. Yet Gartner analyst Nick Heudecker‏ estimates as many as 85% of ...

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Great Leaders Learn To Shift Their Mindset

Sound Like a Leader

In Mindset, psychologist Carol Dweck argues, based on decades of research, that how we see ourselves is a major factor in what we can achieve. Whether it is children in school or executives in a boardroom, the mindset people adopt has a significant influence on how they perform. Yet what she doesn’t say is that we need different mindsets for ...

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How Mental Models Drive Strategy the Wrong Way

Ideas fuel business. They drive how we respond to customer problems and leverage market opportunities. The right idea can make a business work and, over time, our successes become ingrained in our mental models. The opposite is also true. If we begin with the wrong mental model, important problems become impossible to solve. Consider the labor participation rate for prime ...

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The Truth About Diversity

“Culture isn’t just one aspect of the game,” Lou Gerstner wrote in the memoir of his historic turnaround at IBM, Who Says Elephants Can’t Dance? “It is the game. What does the culture reward and punish – individual achievement or team play, risk taking or consensus building?” Culture is, in many ways, is how an enterprise honors its mission. Yet all ...

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A Future of Software Without Code

Early digital computers weren’t very useful. Sure, they were far more powerful than the punch card tabulating machines that they replaced, but they were devilishly hard to program. Instructions needed to be written in assembly code, which was time consuming and difficult. That began to change when John Backus developed FORTRAN in the early 1950s, which replaced assembly language into ...

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Here’s Why It’s So Hard It’s So Hard To Bring Science To Market

It seems like every day we see or hear about a breakthrough new discovery that will change everything. Some, like perovskites in solar cells and CRISPR are improvements on existing technologies. Others, like quantum computing and graphene promise to open up new horizons encompassing many applications. Nevertheless, we are still waiting for a true market impact. Quantum computing and graphene ...

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