Authors Prahalad and Krishnan offer two formulas that add up to business innovation.
The two guiding principles of The New Age Of Innovation (McGraw-Hill, 2008)--the new book by University of Michigan Ross School of Business professors C.K. Prahalad and M.S. Krishnan, being published this month in the United States--are N = 1 and R = G. These formulas illustrate important trends shaping today's business environment. N = 1 represents the ability, provided by the Internet, to interact with customers on an individual basis--not simply to communicate but to co-create value with them. R = G represents access, provided by global supply chains, to resources and talent anywhere in the world--access that means companies can leverage both emerging and established markets to create unique products and services based on that individual interaction with customers. For an ongoing discussion of the ideas in The New Age Of Innovation, visit our blog, newageofinnovation.com.
How Enterprises Are Attacking the IT Security EnterpriseTo learn more about what organizations are doing to tackle attacks and threats we surveyed a group of 300 IT and infosec professionals to find out what their biggest IT security challenges are and what they're doing to defend against today's threats. Download the report to see what they're saying.
Digital Transformation Myths & TruthsTransformation is on every IT organization's to-do list, but effectively transforming IT means a major shift in technology as well as business models and culture. In this IT Trend Report, we examine some of the misconceptions of digital transformation and look at steps you can take to succeed technically and culturally.