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Jonathan Wise commented on the post, Weekly Question #6: Complete by October 15, 2015, on the site 9 years, 7 months ago
A key point that I would want to remember is to be on the lookout for new technology that could have an impact on how information is shared and used, and to be more open to embracing and taking advantage of new technology. As we saw in the course, technology can change industries quickly so I want to make sure I stay on top of what is being…[Read more]
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Jonathan Wise commented on the post, Reading Question: Disruption of Abundance, on the site 9 years, 7 months ago
Stephen, great post. I agree that abundance certainly drives innovation. This is analogous to what I see in the pharmaceutical industry. When a brand product is protected by patent and marketing exclusivities, there is value in being able to be the sole distributor of it and to build your business around it based on its scarcity. But one day…[Read more]
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Jonathan Wise commented on the post, Case Question: Radiohead, on the site 9 years, 7 months ago
Sam, great points. I agree that Radiohead was properly positioned at the right time to implement their novel pay what you want strategy. At the time, they already had a strong and loyal fan base so through this strategy, they were able to quickly connect their fans to all of the songs in their new album through digital media. The positive buzz…[Read more]
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Jonathan Wise commented on the post, Case Question: Open Innovation, on the site 9 years, 7 months ago
Christine, I agree with your assessment. In order to have successful open innovation, a company needs to get buy-in across all levels of the organization and it has to become part of the company’s overall strategy and culture. The company also has to make it possible for employees and groups to partner with and easily collaborate and share i…[Read more]
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Jonathan Wise commented on the post, Weekly Question #5: Complete by February 25, 2016, on the site 9 years, 7 months ago
LeRena, nice post and thanks for sharing. I agree that agents and publishers will need to adapt to the new landscape created by competition from self-publishers. At this point, it seems as though there may still be value in having the large publisher’s expertise for marketing and promotion, but like self-publishing, I think self-promotion and s…[Read more]
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Jonathan Wise commented on the post, Weekly Question #5: Complete by February 25, 2016, on the site 9 years, 7 months ago
A community of practice that I have participated in is the New York Intellectual Property Lawyers Association, in particular the amicus brief committee. When key intellectual property issues make their way to the U.S. Court of Appeals for the Federal Circuit or the U.S. Supreme Court, the committee analyzes the issues and decides whether as a…[Read more]
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Jonathan Wise commented on the post, Weekly Question #5: Complete by February 25, 2016, on the site 9 years, 7 months ago
The landscape for publishing books has certainly changed over the last few years with digital technology. Authors now have a way to publish books on their own without going through an agent or publishing company. Amazon, for example, has instructions on its website to walk authors through the steps to publish their works. In view of…[Read more]
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Jonathan Wise commented on the post, Weekly Question #5: Complete by February 25, 2016, on the site 9 years, 7 months ago
With respect to what Siemens should do next, I think they need to assess the return on investment from the projects generated through the open innovation efforts to date. It appears that nine internal and twenty external projects had been undertaken in the past five years. It would be interesting to see data showing revenue generated, future…[Read more]
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Jonathan Wise commented on the post, Weekly Question #5: Complete by February 25, 2016, on the site 9 years, 7 months ago
Digital media completely changed the music industry in the late 1990s to 2000s. On the one hand, it made the distribution of music faster, more cost-effective, and opened up new consumer-friendly ways for music distribution. On the other hand, digital media made it much easier for people to download and share music without paying for it. In…[Read more]
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Jonathan Wise commented on the post, Reading Question: The Cloud, on the site 9 years, 7 months ago
Duke, Thanks for the explanation and for attaching the article. I really did not know much about “the cloud” before the reading this past week and the explanations from others in the class, but have heard the word thrown around in many meetings. It really does appear to be an important innovation that can save companies a lot of time and mon…[Read more]
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Jonathan Wise commented on the post, Reading Question: BYOD, on the site 9 years, 7 months ago
Saqib, I like that your work has come up with a solution to protect work information such as if the lock is disabled, you cannot access Citrix or work-related materials. Although we cannot really use our personal devices at my work because IT will not provide access, we do not really have too many BYOD complaints as people seem to be excited that…[Read more]
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Jonathan Wise commented on the post, Weekly Question #8: Complete by November 2, 2017, on the site 9 years, 7 months ago
Steve, thanks for your reply. I agree that the pay as you go feature is great for small companies. I work at a fairly large company—about 40,000 employees—and while we do not use Amazon Web Services, we work with venders that provide a pay-as-you-go strategy when it comes to storing electronic documents and making them accessible to outside use…[Read more]
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Jonathan Wise commented on the post, Weekly Question #8: Complete by November 2, 2017, on the site 9 years, 7 months ago
BYOD is generally not supported in my workplace, which is a pharmaceutical company. With over 40,000 employees worldwide, it appears that IT wants to ensure that everyone is using the same devices with only IT-approved software and that people are keeping personal use separate from work use. There are some exceptions for people that do not want…[Read more]
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Jonathan Wise commented on the post, Reading Question: Global & Information Technology, on the site 9 years, 7 months ago
I agree with others that Information Technology has certainly enabled the emergence of global brands. Some of the top global brands, like Microsoft, Apple, and Google, fall into Professor Porter’s description of a company that has become a global firm pursuing a unified strategy to coordinate various national operations. Each of these c…[Read more]
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Jonathan Wise commented on the post, Case Question: Amazon Web Services, on the site 9 years, 7 months ago
In many cases, I think it would be more efficient and cost effective for a company to pay Amazon than to maintain their own infrastructure. Amazon has priced their services low to get as many users as possible. Then, by having a lot of users, Amazon can further drive down costs for bandwidth and hardware. This allows Amazon to keeps costs lower…[Read more]
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Jonathan Wise commented on the post, Case Question: Globalization and Decentralization, on the site 9 years, 7 months ago
Based on the reading, I think IT had a central role in the globalization of Wyeth. Up until the 1990s, Wyeth operated as independent groups in many different countries with very little information shared among the companies. This resulted in inconsistencies and inefficiencies across the organization. In order to become a global corporation,…[Read more]
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Jonathan Wise commented on the post, Weekly Question #7: Complete by March 27, 2017, on the site 9 years, 7 months ago
Vinay, I agree that you could have selected several different building blocks from the Business Model Canvas to describe the role of a hospitalist. Certainly, Key Activities makes a lot of sense as the patient relies on you to figure out what is wrong with them, which was their primary reason for visiting you in the first place. By diagnosing or…[Read more]
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Jonathan Wise commented on the post, Reading Question: IT Investments, on the site 9 years, 7 months ago
Christine, thanks for sharing and I agree with your assessment that the company under-invested in IT. It sounds like the organization is running into the problem that the article warns against. When considering whether to make an IT investment, the company should consider the alignment with the organization’s strategy and the overall value t…[Read more]
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Jonathan Wise commented on the post, Reading Question: IT Investments, on the site 9 years, 7 months ago
I work in the legal department at a pharmaceutical company that I believe has under-invested in certain areas of information technology. We currently have hundreds of ongoing cases ranging from product liability to patent cases to contract disputes, as well as dozens of law firms that we manage. We also have thousands of employees around the…[Read more]
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Jonathan Wise commented on the post, Reading Question: Business Models, on the site 9 years, 7 months ago
The Key Resources segment—particularly in terms of intellectual resources—is essential to a brand pharmaceutical company’s ability to maintain and protect its product market share. In particular, pharmaceutical companies selling branded products rely on strong patent protection to exclude others, particularly generic competition, from penet…[Read more]
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