After the data crisis at Facebook, we are seeing articles implying that Big Data’s reputation has become a bit tarnished. For example, it has been said that big data has become bad data. Additionally, it has been said that rather than being a valuable business asset much like oil, after what happened at Facebook, data may become a liability.
All of this is occurring around the same time that Continue reading “Big Data Faces Recent Challenges, Yet Can Bring Benefits” »
Being “handcuffed by history” can have negative connotations. It evokes images of not being able to change with the times. It can be associated with the failure to change that destroys once prominent companies like Kodak, whose demise has become a classic reminder of the damage done by not changing.
In this context, an Continue reading “Is There Value in Being “Handcuffed by History”?” »
Warby Parker is a highly successful online retailer that sells eyeglasses. Consistent with the trend toward integrating ecommerce with bricks and mortar, Warby Parker has been opening physical stores. But, adding physical locations is not the only way Warby Parker has been integrating the new with the old.
Warby Parker has also Continue reading “Ecommerce Success Uses Paper Mailings for Promotion” »
When disruption strikes, some companies can still survive and some may even do quite well. This is why businesses grappling with how to defend themselves against disruptive threats need to evaluate industry circumstances and assess their role as the competitive environment changes. When the old form of their industry is contracting, companies can easily be too quick to make Continue reading “Is There Life Beyond Disruption for Bookstores and Even for Encyclopedias?” »