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Business Change Management

Business Change Management

How to Get People to Adopt Blockchain?

On Aug 16, 2018 6:21:42 AM

/ Andrea Simon

Categories: Andrea Simon, Culture Change, business model innovation, business innovation, blockchain, technological innovation

In 1989, Tim Berners-Lee developed an open system which did not require access and which enabled the exchange of information on a global scale unseen in human history. Back then, the World Wide Web had a small community of devout users, while others wondered what it was and generally remained skeptical.

Like any new technology in its infancy, the internet raised a lot of questions. But look at where we are now.

The story of blockchain technology has the same potential. Like the internet, blockchain is developing out of necessity. When the global economy crashed in 2008, the first blockchain was conceptualized to change the way finances function. And like the emergence of the first emails, Bitcoin and other cryptocurrencies were developed to drive the development of blockchain technology forward.

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Absolutely, You Must Join the Shift to Blockchain!

On Aug 14, 2018 7:00:00 AM

/ Andrea Simon

Categories: Financial Services, business innovation, blockchain, technological innovation

 


Over the last few years, we've been witnessing the early stages of a financial revolution sparked by Bitcoin. Industries and governments from around the globe are exploring the potential of digital currencies and trying to find ways to leverage blockchain technologies. Japan, Russia, Dubai and China are all developing state cryptocurrencies to supplement, or perhaps even replace, their fiat currencies.

At the same time, numerous industries are leveraging blockchain platforms and tokenized systems to lower costs, streamline operations, and explore new revenue possibilities.

To see (and hear) what I'm talking about, watch my On The Brink interview with Jared Tate below and see why you should "absolutely" join the blockchain revolution:

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Great News! On The Brink Named 7th Best Book On Corporate Innovation

On Aug 8, 2018 8:34:20 AM

/ Andrea Simon

Categories: Business Anthropology, Corporate Anthropology, business innovation

Want to read one of the best books on corporate innovation? Pick up mine!

I just got some great news that I wanted to share with you right away. Fupping.com has recently named my book "On the Brink: A Fresh Lens to Take Your Business to New Heights" to its list of 9 Best Books To Read On Corporate Innovation. "On the Brink" comes in at #7! 

I guess I shouldn't be surprised, as it's a book all about using the tools and methods of anthropology to step out and see your organization with fresh eyes, then turning these observations into innovations. And corporation innovation is the focus of Fupping's Top 9 list. Here's how Fupping describes it:

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How to Energize Retailer Hopes as Startups Compete with Amazon

On Jul 26, 2018 6:00:00 AM

/ Andrea Simon

Categories: Entrepreneurs, Andrea Simon, business growth strategies, innovation, women entrepreneurs, business innovation

Although it's becoming harder and harder to make serious financial returns in today’s retail world in the age of Amazon, there's still room for entrepreneurs to excel at retail and e-commerce. So how are some succeeding when so many are failing? By driving change. But to drive changei.e., sustain growth in changing timestakes courage, stamina and ingenuity. And, dedication, persistence and a lot of hard work.

But even in today's harsh market demands and strong competitors, can young businesses still make it big and maybe even transform the world of retail? Yes!

As proof, take a look at this list of retail startups led by successful entrepreneurs that broke out of the pack in recent years, either through smart marketing, unique services or highly specific target markets. 

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Want To Get A Fast Start On Your Blue Ocean Strategy?

On Jun 12, 2018 6:00:00 AM

/ Andrea Simon

Categories: Blue Ocean Strategy, business innovation

Blue Ocean Strategy gets your business moving in new directions as you shift from competing to creating a new market space.

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AI Is Infiltrating Every Corner of the Business World. Is This A Good Thing?

On Jun 5, 2018 6:00:00 AM

/ Andrea Simon

Categories: business innovation, technological innovation

"From Siri to Alexa to Watson, we're living in an AI world," says Peter George, CEO of empow, a global cybersecurity firm. I couldn't agree more. From carrying on conversations with humans to propelling self-driving cars, Artificial Intelligence (AI) is fast becoming an integral part of everyday life. And its influence in the world of business is no exception.

The vast capabilities of AI and how they are being used in business is the focus of a recent American Express OPEN Forum article which features the viewpoints and predictions of eleven business leaders, of which I was one. (Peter George was another.) 

Though we come from different industries, the eleven of us all recognize the enormous value of AI and how it can be used in business to complement, but not completely replace, humans. This is a big subject, and only getting bigger, which is why I'd like to share with you a sample of these leaders' statements, along with my own. Enjoy, learn and share. (You can access the article here.)

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4 Top Ways Technology Is Transforming Accounting Firms

On May 31, 2018 6:00:00 AM

/ Andrew Simon

Categories: business growth strategy, business innovation

 

When it comes to adopting new technologies, most people assume that the accounting industry is far behind, stubbornly resisting change. Yet in reality, the opposite is true. Today, the entire accountancy industry is rapidly being transformed, primarily due to productivity optimization brought about by the ever-growing tech revolution. Even at SAMC, we're taking advantage of new technological advances, such as Inbound Marketing.

Gone are the days of accountants being burdened with repetitive, time-sucking tasks. With the dawn of innovative technological solutions like intelligent automation, better predictions and efficient data analysis, today's accountants can now spend more time focusing on helping their clients grow their companies through better business strategies.

And it's not just the accounting industry that's being transformed by highly useful data analytics. Almost every industry these days is affected. Here are just a few of the influences that are revolutionizing the way companies do business today:

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Blockchain Is Not Coming, It's Here. Are You Ready?

On May 25, 2018 6:00:00 AM

/ Andrea Simon

Categories: business innovation, blockchain

 Photo courtesy of The Roanoke Star

Whether you know all there is to know about blockchain technology, or whether you know nothing about it, this worldwide phenomenon is changing how we do business, conduct commerce, keep our currency secure, even book a hotel. Its influence is growing by leaps and bounds, so if you're not familiar with how it works, you need to get up to speed, fast.

That's the essence of a recent article I wrote for The Roanoke Star, in which I said that people typically think of blockchain only in connection to cryptocurrencies such as Bitcoin, Ethereum and DigiByte. But the blockchain technology is really what people should be paying attention to. (Read the article here.)

Originally created to keep cryptocurrency transactions secure, blockchain now has seemingly limitless applications

As I state in the article, blockchain's value lies in the fact that once data is recorded, it can’t be changed without the approval of a majority of network participants. This creates a (supposedly) fraud-proof system and authenticates the information that’s exchanged.

As examples, here are just a few of the ways blockchain is being used today:

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Terrific Websites to Empower Successful Women Entrepreneurs

On Feb 27, 2018 8:40:00 AM

/ Andrea Simon

Categories: Entrepreneurs, Andrea Simon, women entrepreneurs, business innovation, The Simon Initiative

 

Whether you’ve been in business a long time or are an aspiring business owner, you’ll discover how powerful and empowering it is to be supported by your fellow female entrepreneurs as you navigate your way through the complexities of entrepreneurship as a woman in today’s world.

We’ve put together a list of incredible websites with the mission to empower women entrepreneurs on their journey to success. You may be ready to grow an innovative business to reach your pinnacle of success.

The list below shows you the wide range of missions for these leaders. From the stories you will see on She Owns It to the EveryGirl that might just be you looking for the inspiration to live that great life. Take it from two life-long entrepreneurs. It is a great journey. One we love to share.

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How To Get Your Brain To Let Go Of Its Old Bad Habits

On Jan 3, 2018 5:55:15 PM

/ Andrea Simon

Categories: Andrea Simon, Change Management, Blue Ocean Strategy, business innovation

Blue Ocean Strategy®: It works when you work it but not when you don’t

I was speaking with someone recently who works for a ski resort that had wanted to find a Blue Ocean Strategy several years ago. Skiing and snowboarding were not growing, and mountains—whether they were destinations or weekend retreats—needed to find more nonusers to enjoy the experience.

Unfortunately, their Blue Ocean Strategy had not taken them very far so they abandoned it. While disappointing, this was not unfamiliar.

At SAMC, we often work with companies that need or want to change and that think, perhaps, they too can be a Blue Ocean success story. What we find is that they can, but it requires a combination of a crisis, a willingness to make the unfamiliar familiar and a Blue-Ocean style toolkit that can provide process and comfort to the unknown.

Microsoft vs. Apple: A leak ended a promising new product that might have dominated the market

The fact that this ski area had not succeeded was disheartening. What might they have done differently to find and implement a Blue Ocean Strategy?

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