Competing in the Connecting World: The Future of Your Industry Is Already Here by Warren Ritchie
Warren Ritchie . Unknown Year . English
The rapid convergence of computing and telecommunications technologies into products, better known as the Internet of Things, coupled with strong human behavioral change has created the emergence of a technological discontinuity that is disrupting all industries as we know them. Information once "trapped" in products is being unleashed, creating a flow of Product in Use Data that is becoming the basis of new services, new business models, and new ecosystems leading to the substitution of traditional product and service companies and the total disruption of industries. During this merging of industrial and digital economics, the internal capabilities that organizations have leveraged for years will become insufficient for future competition. The businesses of those leaders who fail to transform their firms by acquiring the necessary new capabilities will not survive. Despite the impending disruption, there are defined strategies that greatly enhance an existing firm
Categories: Business & Economics
About the Author
Greggory R. Garrett is the founder and CEO of CGS Advisors, LLC, a boutique strategic transformation and innovation advisory firm serving clients globally. He has always pushed the limits of cultures by formulating and implementing unique market-disrupting strategies. An accomplished leader, Gregg takes pride in recognizing commonsense solutions for complex and systemic problems and supports “corporate bravery” by motivating teams to reach well beyond the typical boundaries in order to achieve greatness. Prior to CGS, he spent close to a decade as a consultant at Ernst & Young before moving to leadership positions at Volkswagen and Deutsche Telekom. In his last role before founding CGS Advisors, Gregg was the chief strategy officer for IT and innovation at Volkswagen in North America, where he developed and led the digital strategy and innovation practice for one of the largest automotive companies in the world. Gregg’s unique blend of professional management experiences in corporate settings, entrepreneurism, systemic understanding of enterprises, and knowledge of upcoming technologies makes him passionate about two distinct areas: The Connected World: The evolving ultraconnected environment of people AND products will revolutionize the world economy over the next ten years. People: The best strategies are useless unless people are motivated to understand and implement them. Gregg is a dedicated father to two sons and the husband to his wife, Amy, who continuously encourages him to live life with no regrets.
