-
Dominic P Lyate wrote a new post on the site MIS4596 – Section 3 Spring 2015 9 years, 3 months ago
For years, there have been rumors of a brand new wireless carrier jumping into the ring currently occupied by the “Big 4” (Verizon, AT&T, T-Mobile and Sprint) in the United States–and according to this […]
-
Dominic P Lyate wrote a new post on the site MIS4596 – Section 3 Spring 2015 9 years, 3 months ago
Bear with me–this is another Audi-related post. However, it’s about what fuels the cars on our roads rather than Audi’s autonomous driving innovations. In a press release by Volkswagen AG, Audi announced today that they have successfully produced their first batch of e-diesel and it has been put to use in Germany’s Federal Minister of Education and Research, Dr. Johanna Wanka’s, government-issued Audi A8 TDI. That’s great–but what does the term “e-diesel” even mean? E-diesel is a type of fuel researched heavily by Audi that is synthesized from existing atmospheric carbon dioxide, water and electricity from wind and solar sources. In short, there are no fossil fuels of any type used in the production of Audi’s e-diesel. When I read this, I began thinking of ramifications for other industries that e-diesel (once it’s ready for mass consumption) might disrupt. First, and most obviously, fossil fuel and oil giants like BP and Shell will surely try to squash this new eco-friendly superfuel because it doesn’t need any input from their giant conglomerates to power millions of diesel cars around the world. Next, I think government’s will be disrupted because of new testing that will be necessary, tax credits that might incentivize the use of e-diesel that will need to be rolled out, etc. Can you think of any other industries that might be disrupted by Audi’s innovative new fuel? Are their applications other than automobiles that the fuel might excel in?
-
Brittany M Cougle wrote a new post on the site MIS4596 – Section 3 Spring 2015 9 years, 3 months ago
Earlier this week someone posted an article about why CIOs can’t sell enterprise collaboration tools and today I saw an article where IT leaders gave tips on how to drive enterprise collaboration and ensure […]
-
Interesting, collaboration is key for growing business!
-
Interesting, collaboration is key for growing business!
-
I work for Dorma Door Controls and our main location in Germany has recently implemented a collaboration tool that is new to our business, and it is called Yammer. Yammer is essentially Facebook for organizations, but it is owned by Microsoft. Since it is relatively new to the company, the entire business hasn’t really adopted it and has been using it to its full potential yet, but it allows for employees all over the globe to communicate and share documents privately or publicly and it has sort of been successful so far, but it is still too early to measure its effectiveness.
-
I think that the easier the training for a collaboration tool the better. Most employees tend to freak out when there is a new technology tool presented to them. As we learned in 3535, some employees don’t adapt to change so easily. So the easier the process or the more they understand the collaboration tool, the more comfortable they are with adopting a new tool. Making this new collaboration tool successful in the end. The company that I’m interning now is big on collaboration and have devoted several SharePoint sites to collaboration tools. Prior to launching these sites, they sent out emails with training material and had presentations on how to use these tools. They wanted to make sure they provided enough information, before launching these sites.
-
-
Arren Soroko wrote a new post on the site MIS4596 – Section 3 Spring 2015 9 years, 3 months ago
An Investor’s Guide to Disruptive Innovation
In this article, Jason Stutman talks about the 5 most disruptive technologies of last year and touches on some of the industries that they will disrupt. Some of […]
-
This is a really fascinating article, considering the technological advancements that have already come before us and have enhanced the working world so tremendously. A technology that I think has a lot of potential to be disruptive would have to be the smart watch coming through by storm. Apple just released their first version of it, and it will only be a matter of time before other companies release their own version with more and more capabilities to enhance the corporate world.
-
-
Arren Soroko wrote a new post on the site MIS4596 – Section 3 Spring 2015 9 years, 3 months ago
Making An Effective Presentation
In this Forbes article, author Bill Rosenthal explains the three main components to delivering a successful and effective presentation. He first highlights that the three most important parts to any presentation is: (1) making an emotional connection with the audience, (2) present with energy, and (3) spell out the payoff for the audience. Rosenthal states that conciously or not, an audience forms a bias for or against a presenter within seconds. The key to this step is ensuring that you come across as likale and trustworthy. He says that the key to being likable is simple: show you like the audience and they will reciprocate, and once that is acheived, the trust will come. The next step is to present with energy. Rosenthal states that the way to get the audience excited about your presentation is by showing them your own excitement. The last step is spelling out the payoff for the audience. Rosenthal states that you should never assume that the audience will understand the take away as quickly as you, the presenter, has. He says that you need to state your key facts and then reiterate them in different ways so that they can sink in. Seeing as how we are all going to be giving presentations on our projects, I felt that this article could be helpful. Can you think of any other techniques that you can use to incorporate Rosenthal’s three key components within your own presentations?
-
As a good amount of our class will be entering the working world very soon, there is a really good chance that at some point we will be making presentations to our colleagues. These tips are very useful in that sometimes I feel as if I have been to,d hundreds of different ways to present, and this really sums it up well for me. Another technique I have in mind would be in terms of the slide deck itself, and to keep it interesting and short.
-
One technique that I like is using some type of “grabber” in the beginning of the presentation to grab the audiences attention. Whether it be getting the audience involved or showing something shocking, this gets the audience engaged immediately, and can make the presentation more interesting. My favorite way to do this is to use impressive numbers that people are unaware of. For example, “The market for commerce is $X billion dollars.” This is particularly applicable in business presentations. I think this ties well with Rosenthal’s first point of making an emotional connection with the audience.
-
I feel that the three components discussed definitely go hand in hand with a successful presentation. We all have a very important presentation coming up soon. We should look at these 3 things in our groups, so that we can incorporate them into our overall presentations and it’s not just one person in the group doing this. That way it will give the presentation an overall benefit rather than having one person in the group present a fraction of what can be accomplished if the whole team emotionally connects with the audience, presents with energy, and demonstrates the payoff.
-
-
Brittany M Cougle wrote a new post on the site MIS4596 – Section 3 Spring 2015 9 years, 3 months ago
This article talks about how there is a growing global community of digital citizens that are demanding more from businesses, and that meeting these demands can be make-or-break for the business. Jeremy […]
-
Arren Soroko wrote a new post on the site MIS4596 – Section 3 Spring 2015 9 years, 4 months ago
How Innovations Become Better And Cheaper
In this Forbes article, the authors Paul Nunes and Larry Downes expand on the idea of disruptive innovation and talk about Big Bang Disruption. The key difference […]
-
Dominic P Lyate wrote a new post on the site MIS4596 – Section 3 Spring 2015 9 years, 4 months ago
In this article by Car and Driver, Delphi, a car tech company that recently finished the first cross-country autonomous rode trip using a specialized Audi SQ5 is on display. The Audi, which was fitted with a […]
-
I think the super obvious industry to be disrupted is the automotive industry. Manufacturers will have to alter the way they build cars to support this new autonomous concept. Also, I think that car services such as taxis, Uber, Lyft, etc. will feel the waves of this disruption, because if cars can drive themselves, then all of those drivers will be out of a job. This also has the potential to disrupt public transportation, as people may now find it more convenient to ride in an autonomous car which is private, but still allows them to multitask, since they aren’t actually driving the vehicle.
-
I find the most interesting industry that autonomous vehicles will disrupt is the emergency services industry (police, emt, firefighters). When and if autonomous vehicles reach a critical mass, emergency services will be able to communicate with the cars on the road to tell them to get out of the way in order for them to travel as quickly as possible to the emergency sites. This will result in faster response times to criminal activities and medical emergencies as vehicles will part before the emergency vehicles get into close enough proximity that they need to slow down.
-
There is no doubt that the arrival of autonomous vehicles will disrupt a wide array of industries, such as all of the ones mentioned so far. Another industry that comes to mind is the car maintenance (I can’t think of a better term for it) industry. For example, if your autonomous car breaks down or needs to be repaired, then who will fix it? Since these cars who a completely different build architecture and require different parts than regular cars, then car mechanics will not know how to work on these cars. There will need to be additional training for mechanics. Either that, or new companies will arise that focus on repairing autonomous cars. Additionally, if these cars will be like the Tesla Model S, then improvements and adjustments to autonomous cars can be done, well, autonomously. If cars can do this on their own rather than through the use of a mechanic, then that will further hurt the car maintenance industry.
On a side note, I don’t see autonomous vehicles becoming mainstream for a long time. First, they will be far too expensive for most people to afford. Also, a most importantly, a lot of people truly enjoy driving and won’t want to give up driving for themselves. Autonomous vehicles will no doubt have some great uses for now (such as allowing disabled people to get around and, as Tom mentioned, possibly being used as emergency vehicles), but I think it will be a long time before they leave its small niche market and enter into the mainstream.
-
-
Dominic P Lyate wrote a new post on the site MIS4596 – Section 3 Spring 2015 9 years, 4 months ago
Tesla CEO Elon Musk tweeted today “Major new Tesla product line — not a car — will be unveiled at our Hawthorne Design Studio on Thurs 8pm, April 30″ and these few simple words have sent the media into a tizzy. What will it be? What does the mad genius have up his sleeve? Apparently, according to many outlets and this article, Musk & Co. are working on a home battery solution that can power all of your home electricity needs for a set period of time–all the while interfacing with SolarCity’s (of which Musk is Chairman) solar solutions to provide “free” electricity in perpetuity. I think it’s a great idea that offers a definitive value proposition. If they can get the launch right, and the cost low, I think it’ll reach many millions of households over the next decade. I think this home solution aims to disrupt the “commodity” status that power delivery companies have fallen into, and I can see this spurring some much needed innovation in the marketplace. What ramifications do you think this will have on power companies and their strategy moving forward? Do you see companies like PECO partnering with Tesla to provide these packs as a supplement rather than a “whole home” solution?
-
Brittany M Cougle wrote a new post on the site MIS4596 – Section 3 Spring 2015 9 years, 4 months ago
This article talks about how Apple’s new Apple Watch could disrupt various industries, including the fitness wearable and luxury watch industries. Apple’s low-end Apple Watch Sport will likely disrupt the […]
-
I do think that the watch industry is underestimating the apple watch a bit. I don’t think that it can compete with true luxury watches (Cartier, Rolex, etc), because if someone wants a watch covered in diamonds that they saw someone famous wearing, they aren’t gonna go for the Apple Watch. However, there is a bit of a cult surrounding Apple and everything they produce, so I think that a lot of people will buy an Apple Watch just because it’s an Apple product. I absolutely think the fitness wearables industry should be worried, as the Apple Watch Sport, if priced competitively, far outranks the competition in terms of functionality.
-
I genuinly do not think that the Apple watch will disrupt the watch industry. Even though they are trying to with the Gold Apple Watch, I feel that they are two different customer bases. There is an art to a mechanical watch which a lot of customers see as value. I think if Apple is trying to disrupt the watch industry, then Tesla trying to attract customers who drive manual cars is a good analogy. Even though it is possible, I think we are very far from that occurring.
-
I agree with Dan. I don’t believe Apple can disrupt the luxury watch market. A smartwatch has a life cycle, a watch by Rolex or Omega does not. You are expected to purchase a new smartwatch when the next iteration comes around, while the value of the luxury watch increases as it ages. Apple watches may be more functional, but no one buys a mechanical watch for it’s functionality.
As for the fitness wearable angle? I agree, Apple’s brand name in technology products can move mountains and this is one of them. -
I do not think Apple will disrupt the luxury watch industry because they are different customer segments. When I think of a luxury watch I think of high end classy watch that you would wear to work or if you are going somewhere nice. For Apple to create a luxury watch, thats more technologically based. The apple watch has a lot more functions and you can do a lot more. I think Apple will take away the meaning of a luxury watch. Its more for a fashion statement rather than a watch that does everything from a touch of a finger.
-
I don’t think the luxury watch industry should feel threatened by Apple’s new watch. People who buy luxury watches, like Rolex, are going for a particular look or style, which Apple’s smart watch will not be able to compete with. Some luxury watches also appreciate in value over time while an Apple smart watch will only depreciate over time as its technology and capabilities become obsolete. Wearing this smart watch would also convey the wrong message over time. People wear luxury watches as a status symbol, a nice Rolex 20 years ago will most likely still be looked at as a fine watch now. Where as a first generation smart watch would be looked at as a low end watch.
-
-
Amanda M Rossetti wrote a new post on the site MIS4596 – Section 3 Spring 2015 9 years, 4 months ago
http://gizmodo.com/youtubes-ready-to-blow-your-mind-with-360-degree-videos-1690989402
Youtube has released the option to post 360 degree videos. On the browser you click and drag and can look around the person filming and on the phone you move you’re phone to see the whole area. There are some issues right now but they claim it will be fixed soon. For example you have to use a python script to make it actually work in your browser. I think this is a great sustaining innovation though, because they have been doing flat videos for over 10 years. There are not a lot of consumer cameras that can shoot in 360 degrees thought.
What do you think of this? Do you think people will use it with the python necessary? What about without it?
-
I really like the idea of Youtube releasing the option to post 360 degree videos because its different compared to the ordinary flat videos. I do think people will use it with the python script if they are truly interested in post 360 degree videos. Once one person posts a video everyone is going to start doing it.
-
I like the idea as well, because it does show sustaining innovation, and I think there are plenty of people who will find it interesting and use it. However, I think that having to use Python might be a turn off for people. Once they make it so that anyone can use the 360 feature any time, then I think it will catch on much faster.
-
-
Dominic P Lyate changed their profile picture 9 years, 5 months ago
-
Brittany M Cougle wrote a new post on the site MIS4596 – Section 3 Spring 2015 9 years, 5 months ago
This article talks about how Mark W. Johnson (Clayton Christensen’s business partner) says that disruptive innovation is not about being better than what currently exists. He says disruptive innovation “transforms a complicated, expensive product into one that is easier to use or is more affordable than the one most readily available.You know an innovation is disruptive when a new population has access to products and services that previously were only affordable for the few or the wealthy.”
A subset of disruptive innovations called catalytic innovations is introduced and described as “providing good-enough solutions to inadequately addressed social problems.” An example would be the MinuteClinic which provides affordable walk-in health services for common health problems. The idea of the MinuteClinic lead to the creation of other walk-in clinics that serve people who cannot afford health care.
As business students we usually focus on the profits to be earned from a new idea or technology, but I think it’s interesting to look at the social changes we can achieve. What other examples can you think of where disruptive innovation was used for social causes? How do you think disruptive innovation can be used for social change in the future?
-
Though not as noble as the minute clinic, I think that personal health trackers (Nike+ FuelBand, FitBit, etc) are an example of disruptive innovation working to make things more accessible. Before these personal health trackers, people had to see dieticians and sleep specialists to learn if they were eating and sleeping well. Now, these trackers, which are conveniently worn on the wrist as a small bracelet, allow people to take control of their own health by tracking food intake, exercise, and sleep patterns for under $200, which is a one time cost just to buy the band. Everything else is conveniently linked up through a free app, thus making these health trackers a disruptive innovation that’s inciting some positive social change.
-
-
Dominic P Lyate wrote a new post on the site MIS4596 – Section 3 Spring 2015 9 years, 5 months ago
In this article by Vikram Jandhyala and Will Ludlam of the Seattle Times, the role of collaboration in disruptive innovation is investigated. The authors argue that without collaboration, people become […]
-
Amanda M Rossetti wrote a new post on the site MIS4596 – Section 3 Spring 2015 9 years, 5 months ago
Photo by Tsahi Levent-Levi
Disruptive Innovation An opportunity for growth
Khattab Al-Ali outlines what businesses should do in the face of disruptive innovation and how they can use them to grow. He recommends not trying to use an innovation that your business model cannot support as well as not following competitors into new business segments if they have expertise you don’t have. He says that listening to customers for what innovations to invest in is a good idea but not to give the customers everything they want on a whim, it does not always make good business sense. He also says when evaluating disruptive innovation you need to not only focus on the standard metrics. Some innovations have consequences that people would not originally think. Finally he says that when addressing the disruptive innovation you should separate it from your main business as to not add risk to your current business.What do you think businesses should do when evaluating new innovations? How do you think the organization should structure these endeavors?
-
Arren Soroko wrote a new post on the site Arren Soroko 9 years, 5 months ago
My part-time role at Dorma is as an IT Service Delivery Specialist. Some of my daily responsibilities are tending to the Helpdesk and troubleshooting problems with different types of software and hardware that […]
-
Brittany M Cougle wrote a new post on the site MIS4596 – Section 3 Spring 2015 9 years, 6 months ago
Last week we talked about how everything is measurable and it is necessary for organizations to measure the value of IT so that the entire organization sees the importance of IT. This author of this article speaks with Doug Laney, research vice president for Gartner Inc., who says there is a gap between the realized and potential value of information. Laney gives his six models for how businesses can treat data as an asset in order to help close that gap.
Non-financial Methods
1. Intrinsic value of information – breaks data into characteristics such as accuracy, accessibility, completeness, then rates each characteristic and tallies for final score.
2. Business value of information – measures data characteristics in relation to business processes.
3. Performance value of information – measures data impact on key performance indicators over time.
Financial Methods
4. Cost value of information – measures the cost of “acquiring or replacing lost information” as well as lost revenue caused by loss of data
5. Economic value of information – measures how data contributes to revenue
6. Market value of information – measures the revenue generated by “selling, renting or bartering” corporate data.
Do you agree with the methods Laney suggests? Are their other ways you would measure the value of data? Which methods do you think would be most effective at convincing your CEO that data is an asset to your company?
-
I agree that these are all great ways of expressing the value of data to a CEO. I think that the non-financial measures will be harder to communicate, however. In IT we tend to understand the value of data and what would happen without it better than other areas of the business. Trying to communicate the intrinsic value or business value, however, is difficult if the person does not already know that data is important. I think that the cost value and market value will be much better because you can show some hard numbers as to why data is important. I think the most effective measure that Laney states is the Economic value of information. This is a hard thing to measure but trying the data directly to the company’s bottom line will be very persuasive.
-
-
Amanda M Rossetti wrote a new post on the site MIS4596 – Section 3 Spring 2015 9 years, 6 months ago
Cliff Ennico says your elevator pitch should do three things, while not making three big mistakes. He says in your pitch you should introduce yourself, talk about the most important feature of your business plan, and get the person excited and wanting to hear more from you. These are very similar to the things we talked about in class. He says that you should not describe the “skills rather than the purpose”. Many of the people who went over time in their elevator pitches got too into the details of their application. The next thing he said people do is not tell an interesting story. If people are not interested in what you have to say they will tune you out. We talked in class about opening up with the problem and following with how your application fixes that problem. The last thing Ennico says people do is not rehearsing or being unprepared. While we all know what our applications do fitting that information into 30 seconds is difficult without preparing first. Sitting down and thinking of what three things you want to convey will help get your message across.
Do you agree with Ennico’s points?
What things do you think should be included in a good elevator pitch?
What things do you think people tend not to do well when it comes to elevator pitches?
-
I agree with Ennico in that a good elevator pitch needs to get the other person interested, needs to convey the main point of the idea being pitched, and should absolutely start with an intro. I think that a good elevator pitch should be short and sweet, spoken clearly and with a confident voice, and it should have anywhere from 1 to 3 “big things” that you want the reader to remember. As we saw in class, some applications lend themselves well to a 3-point presentation, whereas some could be explained in one or two points. I think that some common mistakes that people make when giving elevator pitches is rushing through them because they’re nervous, trying to regurgitate memorized information, and trying to cram too many details into what should be a quick presentation.
-
I agree with Ennico’s points. You should definitely introduce who you are so that people know who they are speaking with and it also makes it more personal. You should definitely sell what you are talking about to the other person and leave them wanting more so that it can lead to a follow-up discussion for some time in the near future. What people tend not to do well when giving elevator pitches is focus on the purpose rather than focusing on the latest and greatest features. People tend not to tell a short story that is compelling for its targeted audience. Working through nervousness is another thing that people tend to not do well. When people are nervous, they tend to talk to fast, get stumped if they stutter, fail to give eye contact, and sway back and forth excessively which negatively impacts the elevator pitch.
-
I agree with Ennico’s points that you should introduce yourself, talk about the most important feature of your business plan, and get the person excited and wanting to hear more from you. if you are giving a 30 second pitch, it should be interesting because you want to capture the audiences attention. I think its important to tell a brief story in the pitch and tell an anecdote because that is what captures everyones attention. Being enthusiastic also helps because if the audience sees you are excited and passionate what you are talking about then so will they. Things I think people tend not to do well is practice. It is hard delivering a 30 second pitch but, with practice I believe it can be done. When people don’t practice they usually tend to get nervous and lose their train of thought.
-
-
Amanda M Rossetti wrote a new post on the site MIS4596 – Section 3 Spring 2015 9 years, 6 months ago
Going global: Is it time to streamline your ERP?
Today in class we discussed the difference between IT many years ago and today where years ago in order to include IT in your business you needed to spend a lot of […]-
I do not think that a single ERP for a multi-national company is the best approach because a multi-national company has a different set of business needs for each of its locations as well as a different set of regulations. Also, I think that it is safer for a multi-national company to have multiple ERP systems because it is important for multi-national companies to have a back-up system in case one system fails. The benefits of having a single ERP system are that it is less maintenance involved, system upgrades won’t take as long, taxation is easier to deal with, and it helps the business standardize itself. The downfalls of having a single ERP system are that the company only has one system to rely on, downtime, and the potential to lose customers if the system losses important information due to a crash. I think an organization should implement a global ERP system when a company has duplicate ERP systems and resources in more than one country, the company is resorting to manually reconciling financial and accounting information, and if the company is struggling with multiple taxation and legal environments.
-
-
Amanda M Rossetti wrote a new post on the site MIS4596 – Section 3 Spring 2015 9 years, 6 months ago
New Project Proposal
Name of the Organization: Prestige Worldwide
Project Title: Ingredient List Decoder
Project Overview: Our project is to create an app that will help users avoid ingredients or chemicals in products they are using such as allergens. The app will suggest alternative products that do not contain ingredients they wish to avoid.
Project Timeframe: January 20th 2015 – May 4th 2015
Prepared by: Jacklin Altman, Dominic Lyate, Brittany Cougle, Arren Soroko, Amanda RossettiProject Summary
Ingredient lists are complex and hard to read and some are incomplete. People with allergies or have chosen to avoid certain ingredients need a quick and easy way to decipher if the product they are safe for them to use. Our app will fill this gap though allowing users to enter in ingredients and chemicals they wish to avoid. Users then enter or scan the barcode of the product they are looking at and the app will tell the user if the product contains anything they wish to avoid. If it does have ingredients the user does to want the app will then suggest substitute products that are similar but do not contain anything the user is avoiding. Users can use the app to purchase these products and have them shipped to their door.
Project ObjectivesApplication should store user data on what ingredients and chemicals they are avoiding
Application should be able to scan barcodes and search for manually entered products
Application should be able to notify users if the product contains ingredients or chemicals they wish to avoid
Application should suggest alternative products when searching
Application should interface with major online retailers (such as Amazon, Walmart, Target etc) where it will allow users to purchase suggested products through the applicationProject Deliverables
Project Proposal
Contains summary of the project
Contact information for all involved
A background of the problem that our application is going to solve
Objectives for proposed app
List of deliverablesWeekly Progress Reports
States the work performed to date
States what still is in the worksList of Stakeholders
List of people who are directly affected by the project
Budget
States how much money will be allocated for the project
Work Breakdown Structure
An incremental decomposition of the project into phases, deliverables and work packages
Risk Management Plan
Foresees risks, estimate impacts, and define responses to issues
Communications Plan
Describes communication channels between stakeholders involved in project
- Load More