Strategy and Digital Transformation

When we started building Trackboardapp  by Kinetic (a strategy development platform) before the pandemic, we wanted to help bring efficiency, transparency, and speed to strategy development, mapping, and implementation . Now, I am most motivated by the fact that business leaders, institutions, and their employees are able to design and see their strategic goals implemented in real-time and the progress of their organization-wide mission from anywhere in the world on Trackboard. Fortunately, businesses have gone or/are going full remote or hybrid now, and naturally, adapting to a new change isn't always easy. Our foremost strategy consulting partner Ausso Leadership Academy led by Mr Austin Okere is doing fantastic work in easing customers on Trackboard by Kinetic digital transformation journey. It is surreal to see the leadership of publicly traded companies leading their organizational-wide digital transformation journey with the help of Trackboard. Like we always say, business le...

Opening Strategy!  In their work, Chesbrough & Appleyard (2007) discussed emerging anomalies that are challenging the traditional business strategy process. The conventional business strategy approach was based on Porter's forces whereby firms create barriers and closure against new entrants to maintain competitiveness. However, recent events concerning modern businesses show no sustainable competitive advantages in industries but a continuous need for proficient business innovation and strategy (McGrath, 2013). As technology, competitors, and customers’ needs changes, the competitive advantage erodes and disappears. However, to maintain or sustain competitiveness, organizations must innovate with agility and a dynamic approach to the strategy processes to meet varying market demands (Doz & Kosonen, 2008). To this end, firms are beginning to pattern their business strategy and innovation using the open strategy approach in value creation with some success (Teece, 2010; Lued...

When  Apple announced the upcoming buy now pay later(BNPL) product, in addition to apple pay, apple cash, and their financial product ecosystem, as expected, it immediately impacted companies operating BNPL. Several financial companies' shares lost a huge chunk of their value. But, is Apple by BNPL another hype? Reference Let's Look at the Data. While the Apple ecosystem is quite unique in North America with about 54% of the smart operating system market. The question is will apple BNPL disrupt the status quo?                                                                             Reference Apple is currently sitting on a huge pile of cash, which means they are able to run the BNPL and maximize the overall value. Apple mobile OS(=》Apple pay) is about 54% of the North American market but on...

Before COVID-19, the remote working discussion was on the increase. Exponential research inferences were that people could do much more by working from home or anywhere other than their workplace. In fact, in countries like France (1) and Australia (2,3) , there is legislation that has evaluated the pragmatic and general policies guiding a daily 8hrs work hours (38-40hours per week) as people continue to respond to work-related assignments at home outside their work hours and are not paid for it. Fast forward to the Covid-19 pandemic era, where businesses are forced to take the stand on a contactless or remote approach to work if they are to survive. People are beginning to report getting overworked (4). Many say their organizations are sticking to the same daily productivity measures as if they were meeting physically, even working from home (5) . For many business leaders, it is working as usual, but it should not be . Clocking In, more meetings, more emails, more chats, more pr...