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Recognizing Failure

In his book Business @ the Speed of Thought: Succeeding in the Digital Economy, Microsoft founder Bill Gates wrote, “Once you embrace unpleasant news, not as a negative but as evidence of a need for change, you aren’t defeated by

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A Class Apart

Agile execution is now a key differentiator of organizational success. Given this context, it is essential that the CEO is an experienced project manager too. Project managers are some of the best candidates to be CEO because to carry out their

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Doomed to Fail?

Driving a project towards its defined goals entails, a convincing purpose, clarity of scope and a definitive deadline. Without these, large transformation projects like Brexit stand a high chance of failure. In my research I looked at large projects and

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Building Winning Stores

Today, more and more customers are adopting digital platforms to make purchases. However, the most prudent approach would be to adopt an omnichannel strategy—one that makes use of the digital medium as well as traditional bricks-and-mortar stores. Digital adoption has

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Chatbots will transform user interaction

Artificial intelligence (AI) created a loud buzz in the world of technology. We have witnessed a dramatic rise in its usage, not only impacting the internet and software industry but also in other verticals like healthcare, automobile, manufacturing, and more. AI is no longer a futuristic technology; it is now used in several industries. Here are trends we will see in two such industries.

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Technology to be at the core of how business is done

From the early days of IndiaPlaza to the heady growth and funding days of Flipkart, Snapdeal, and other startups, to the buyout of Flipkart by Walmart for a mammoth $16 billion, ecommerce in India has come full circle. Still, this is only the beginning for organized retail in general and ecommerce in particular. There is a long journey of growth and consolidation ahead. As per IBEF, the retail sector is expected to increase by 60 percent to reach $1 trillion by 2020.1 Further, Indian ecommerce sector is expected to surpass the US to become the second largest market in the world, by reaching $64 billion by 2020 from the $38.5 billion in 2017.2

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Overcome old mindsets, learn new skills

Research suggests that the average life span of Fortune 500 companies is around twenty years, which means that unless today’s Fortune 500 know how to innovate at an accelerated pace. There are chances that we will end up seeing a completely new list by 2040. Innovation is the common strand of DNA running among all these old veterans and also new startups. And the talent that organizations have is the most important factor in this game. Here are two leadership trends.

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Project revolution will be led by people, not robots

The emergence of projects as the economic engine of our times is silent but incredibly disruptive and powerful. In 2019, I foresee the following five trends.

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Humans to work in harmony with intelligent technology

Augmented humanity (AH) is not a novel idea for humans. Case in point, we all reminisce about how humans communicated with each other several decades ago, and how it has evolved with the application of technology.

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The reign of data

Humans are becoming smarter. By smarter, I mean the ability to use data to learn from the past and take actions to accept, avoid or change the predicted future.

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