IT StrategyRaj Sheelvant’s blog on harnessing Information Technology to create and sustain competitive advantage for the businesses

Wells Fargo’s Strategy to Filter Out Innovative Ideas

Glen Grosslight senior VP of the Technology Information for Wells Fargo writes about an unique way to enable the employees to innovate.  They have used a stock exchange concept in which team members trade shares on innovative ideas. Hence a ‘free market’ for ideas and innovation was born.  (Read more at Wells Fargo Uses Market […]

Popularity: 5% [?]

CIO 2.0

Nortel’s CIO Steven J. Bandrowczak’s writes in his blog titled ‘The Changing Role of CIO’ “… the reliable and secure communications technology is vital in a marketplace where the workforce is becoming increasingly mobile. In this new culture of connectivity, CIOs have an opportunity to make a difference in their company’s strategy and embrace this […]

Popularity: 13% [?]

IT’s role in Beijing Olympics

InformationWeek’s IT Olympics Weblog quotes some of the stats as shown below from the Paris base IT service company called Atos Origin that managed the IT infrastructure at Beijing Olympics.

Systems in Beijing securely processed a more than 80% greater volume of data on competition for media and news agencies worldwide, compared with the Olympics in […]

Popularity: 13% [?]

Open Innovation – Is it really the next step?

Innovation has always been a proprietary activity conducted largely inside the organization in a series of closely managed steps.  Ideas, product design were closely held secrets because innovative and radical design has always provided competitive advantage to the company.  The firms by patenting the design/ideas usually created a high barrier for competitors to emulate their […]

Popularity: 13% [?]

McKinsey Survey on Enterprise 2.0

Companies that are deriving business value from Web 2.0 tools are now shifting from using them experimentally to adopting them as part of a broader business practice according to the latest McKinsey Global Survey Results titled Building the Web 2.0 Enterprise (you need to register to read the complete article).  This survey also shows that […]

Popularity: 20% [?]

Tribalization of Business

The ‘2008 Tribalization of Business’ study conducted by Beeline Labs, Deloitte and Society of New Communication looks at how companies are harnessing the collective wisdom (collaborating with employees and customers) to innovate faster, reduce costs, grow the business and bolster the bottom line.
You have to register to get the entire study. But […]

Popularity: 22% [?]

Future of Enterprise Application

In an interview with published in Khowledge@Wharton, Bill McDermott CEO of SAP Americas talks about the future of Enterprise Application (you have to sign up to read the article). You can watch the entire interview below. But here are some of the experts from the interview. (Also read my previous blog Future of […]

Popularity: 20% [?]

Innovation through Collaboration

The expansive reach of collaborative technology can bring together expertise and expedite innovation. This was common underlying conclusion by many industry leaders that presented at “Achieving Innovation through Collaboration” symposium.  This symposium was hosted by the Center for Advancing Business through Information Technology at the W. P. Carey School of Business.
One of the interesting […]

Popularity: 32% [?]

McKinsey’s 7-S Strategy Framework

McKinsey introduced the 7-S framework for strategy in the late 1970s, The framework maps seven interrelated factors that influence an organization’s ability to change—shared values, skills, staff, strategy, structure, style, and systems—and shows how these forces interact. Unlike Porter’s Framework, 7-S Framework emphasizes coordination more strongly; 7-S suggests that they can make significant progress […]

Popularity: 60% [?]

Can businesses leverage Web 2.0?

Conventional wisdom says any organization can become Web 2.0 enabled; it’s a matter of deploying Web 2.0 applications like blogs, wikis, and Ajax applications. But that’s just a coat of paint - to be really Web 2.0-enabled requires a complete change of business model. This according to Tim O’ Reilly, CEO of O’Reilly Media in […]

Popularity: 47% [?]