4 Ways CEOs Can Prioritize Both Line of Business and Innovation

Karthik Pichai Avatar by Karthik Pichai
on February 14, 2019
Share on:
Published Thu February 14, 2019, 12:00 AM EST

Technology’s impact on line of business can’t be undersold.

Just look at tools such as Robotic Process Automation, software that streamlines warehouse storage and speed of delivery by automating redundant, time-consuming human tasks. Then, of course, there’s Amazon, which uses technology to power its signature two-day shipping model. Where retailers try to use immediacy to market in-store pickups, Amazon prioritizes customer experience and convenience, bolstering both by its commitment to technology.

Each example illustrates the line-of-business improvements triggered by technology, yet some leaders won’t account for those upgrades when allocating resources. Where does the disconnect come from? For starters, C-Suite members are sometimes unable to keep up with the speed of technological innovation. And when they do look for new business solutions, they tend to limit themselves by keeping IT and other departments out of the loop until it’s time to implement the new strategies.

To best serve the customer and continue line-of-business growth, the C-Suite needs to openly communicate with other department heads and look at what competitors do. Follow these four steps:

Read Full News Release
Previous Next

Read More

Three Ways Oncology Will Benefit From Blockchain

Karthik Pichai • 5 min read

That approximately four of five hospitals have a basic electronic health record (EHR) system should be alarming for one reason: the one in five hospitals that don’t use it. That means that 20 percent of healthcare providers still rely on manual filing processes that became outdated the moment Loc...

Read

Should Your Business Use Blockchain? 4 Questions to Ask

Karthik Pichai • 5 min read

Since the early days of the dot-com boom, we've been engrossed with the power of technology. Even when ambitious properties such as Pets.com and eToys proved unsustainable, we were left with a bevy of tools capable of simplifying and even solving problems.

Read

Food Governance is Imperative for Transparency

Sean Caputo • 6 min read

Over the past decade, the distinction between organic and conventional food has drawn a more discerning eye from consumers. From the farm to the table, food supply chains have grown in complexity and become subjected to ongoing pressures related to global compensation, regulatory controls and the...

Read

Strategic up to date study on Blockchain Testing Service Market predicted to grow high by profiling Companies-Cigniti, Augusta HiTech, TestFort

Augusta HiTech • 4 min read

The Blockchain Testing Service market report is the most important research for who looks for complete information on Blockchain Testing Service markets. The report covers all information on the Global and regional markets including old and future trends for market demand, size, trading, supply, ...

Read