This blog is about the digital business era. The blog posts are brief, foods for thought. They comment on articles, events etc. with a personal touch.
Digital Disruptions in Consumer Products
I worked for the LEGO company for some years when connected products were at an early adopter / embryonic stage. All the experiments accelerated and focused on the main market, when the smartphone became every man's possession after the introduction of the iPhone.
This decade will become as exciting for consumer products people, as the pre-cambric explosion was for antropologists.
I wrote a small piece about this in the linkedin blog:
Digital Disruptions in Retail
I have discussed the future of retail with 2 prominent CIOs from leading danish retailers, and interestingly enough, they came from 2 extreme opposites. It inspired me to make up my mind about the future of retail, and how disruptions could possibly shake things up a bit.
It resulted in this post on Linkedin:
Digital disruptions in transport and logistics
Transport & Logistics is a traditional "white-knuckle fight" market, but heading for a massive changes caused by the digital transformation of retail.
The post was published on LinkedIn:
I wrote this post after reading in Børsen - a leading danish financial news media - that DSV had intents to acquire additional companies in South America. DSV will probably in the near future will be successful in its endeavour - being fairly big, fairly cash-capable and effective in its post-acquisition integration strategy (called FIFO).
But it made me think about the end game in transport and logistics and what will happen as retail transforms to e-tail. I believe the future lies with the ones that own the last mile in distribution and the ones operating fine logistics for the e-tailers, and I expect a booming market for that within a few years.
Digital Disruptions in Retail Banking
New technology will continually change retail banking, but even more turmoil will be caused by the proliferation of (digital) consumer superbrands and their technology.
This text was posted on Linkedin:
I have read several interviews during the summer with retail bank CEOs that states to the market that a) they are concerned about disruptions and b) they will act on it.
Of course nobody will tell openly what they are doing about it, but among the reasons lie one big one: they might not know how to deal with the digital superbrands. The cashflows of retail banking are mainly based on miniscule transaction fees, and the ones that own the consumer contact, controls the cashflow.
It's a new world to adapt to, and I haven't seen any retail bank strategy (yet) that hits bulls eye.
Companies will face seismic shifts in business, caused by the proliferation of new tech, social mass media and disruptive digital ideas. To predict and participate in digital industry transformations, companies must watch out for new, possibly disruptive technology.
New technology has repeatedly caused disruption; Metals, gun powder, steam and combustion engines, electricity, electronics, computers.... and cell-phones! Looking back just 2 decades it's evident that the classic cell-phone and its smart phone decendants fundamentally changed the way people communicate, collaborate and work. But what is the next wave of disruptive technology? And is there a way to spot this early enough to gain competitive advantage and reap the possible benefits?
In 1998 the first wave of web-commerce boomed in what has later been known as “the internet bubble”. The expectations were highly inflated and when the shake-down hit the web-commerce space in 2000, expectations plummeted, leaving a vacuum in the professional investors’ space. Internet illiteracy and lack of experience sent share prices sky-high and subsequently into the "trough". Looking back at the past 20 years of web-commerce explosion, the sum of developments is far more extreme than most people imagined in those times.
As always with future predictions, the short term effects were exaggerated and the long-term effects were under-estimated.
It is happening again: With the exponential acceleration an
A key goal is to give you inspiration on how to deal with the digital business era. Another goal is to get feedback on ideas and thoughts. Have a great digital business era!