https://www.dnc.digital/insights daily 0.75 2025-01-11 https://images.squarespace-cdn.com/content/v1/5f2f732239a4292be01b96da/1598682304446-ZCTT8VGNKT8TN9D3ZP5K/im-181558+%281%29.jpg Insights - Now Is the Time to Evaluate Digital Transformation Skills Chief information officers should leverage the current business slowdown imposed by the Covid-19 pandemic to assess the digital transformation skills of every individual on their IT staff. Here’s how to do it. And why it is important. In 1995, Nicholas Negroponte, the founder of the MIT Media Lab, wrote Being Digital, a book which helped introduce the concept of digital transformation, a “irrevocable and unstoppable” shift in business processes from physical atoms to digital bits. Twenty-five years later, digital transformation languishes as an aspirational strategy for most firms. https://images.squarespace-cdn.com/content/v1/5f2f732239a4292be01b96da/1601430765820-IILJT9JMRVF7VWSBZGJO/12970.jpg Insights CEOs Call in the Coaches as Covid-19 Tests Their Companies Executives are turning to their longtime coaches to help them navigate the uncertainty—and unprecedented leadership challenges—presented by the coronavirus pandemic. Two chief executives of major U.S. companies have used the same coaches since before they reached the corner office and still rely on them during the current chaotic business climate. https://images.squarespace-cdn.com/content/v1/5f2f732239a4292be01b96da/1598682384676-E8KF2313NKU4S7IGDEVO/airfocus-v89zhr0iBFY-unsplash.jpg Insights - Congrats on Your New CEO Job! Maybe One Day You’ll Get to Meet Your Employees On his first day as CEO of a Washington, D.C., commercial real-estate company, John L. Ziegenhein turned to his wife over morning coffee and joked: How do I get to the office? In three months of interviewing for the top job at Chevy Chase Land Co., he had never been inside the company’s corporate headquarters. Instead of boardroom presentations or quiet dinners in restaurant banquettes, he completed more than 15 interviews for the job almost entirely from his home, sitting on Zoom calls for sometimes hours at a time. https://images.squarespace-cdn.com/content/v1/5f2f732239a4292be01b96da/1601430912673-JKSKYIZNL6P29FSYV7SF/373.jpg Insights U.S. Industrial Production Points to Slowing Manufacturing Recovery U.S. industrial production rose for the fourth consecutive month in August but at a much lower rate than earlier in the summer, a sign that the manufacturing recovery is slowing. The Federal Reserve on Tuesday said industrial production—a measure of output at factories, mines and utilities—rose a seasonally adjusted 0.4% in August from July, following a revised 3.5% rise in July. Despite several months of advances, output remains far below its level before the coronavirus pandemic hit in the spring. https://images.squarespace-cdn.com/content/v1/5f2f732239a4292be01b96da/1598682709964-S4S5SS44TT71KTSREU9D/image-asset.png Insights - The Quiet Growth of Race-Detection Software sparks concerns over Bias When Revlon Inc. wanted to know what lipstick women of different races and in different countries were wearing, the cosmetics giant didn’t need to send out a survey. It hired Miami-based Kairos Inc., which used a facial-analysis algorithm to scan Instagram photos. https://images.squarespace-cdn.com/content/v1/5f2f732239a4292be01b96da/1600270781736-LNSM9H8OH4BYQTN46RC0/download+%281%29.jpg Insights How Do You “Design” a Business Ecosystem? If designing a traditional business model is like planning and building a house, designing an ecosystem is more like developing a whole residential district: more complex, more players to coordinate, more layers of interaction and unintended emergent outcomes. https://images.squarespace-cdn.com/content/v1/5f2f732239a4292be01b96da/1600227286207-MZPUNKQCGF6L80QZX62Z/download.jpg Insights Advantage Beyond the Crisis The only certainty about the COVID-19 pandemic is that it will eventually end, and when it does, many of the changes it has brought will recede. Like wildlife returning to Chernobyl, prior conditions will reappear. Consumers will once more shop and socialize, supply and demand will rebalance, and markets will recover. https://images.squarespace-cdn.com/content/v1/5f2f732239a4292be01b96da/1600271091446-FSUW0ACRYYBZEKCFAQXF/Preemptive_Transformation_2880x1620_tcm9-199844.jpg Insights Preemptive Transformation: Fix it before it breaks In business transformations, there are plausible reasons to believe that time is an essential factor. Companies that change early may get a first-mover advantage, acting ahead of their competitors and potential disruptors. Besides, business organizations are complex systems, which often decline much faster than they grow, an asymmetry that has been called the Seneca effect. Considering that transformations take time, moving preemptively may be the best way to prevent obsolescence and collapse. https://images.squarespace-cdn.com/content/v1/5f2f732239a4292be01b96da/1599758988779-JVL78PZ9C462S2OTW6VQ/download.jpg Insights It’s Go Time for Digital Transformation If people had doubts about the new capabilities that companies everywhere are implementing as part of digital transformations, the response to the COVID-19 crisis appears to have put them to rest. The vast majority of both managers and employees believe that these capabilities helped counter the effects of the pandemic and will aid businesses in getting back on their feet once the crisis is over, according to a new survey commissioned by Boston Consulting Group. https://images.squarespace-cdn.com/content/v1/5f2f732239a4292be01b96da/1600270673973-2QVJUZPYQL559UB1RF5D/download.jpg Insights The Next Frontier in Digital and AI Transformations Is your company transforming into a butterfly, or is it just training to be a faster caterpillar? That metaphor—coined or at least popularized by George Westerman, principal research scientist at the MIT Initiative on the Digital Economy—captures the challenges of digitization. In other words, has your digital program actually been transformational or merely incremental? https://images.squarespace-cdn.com/content/v1/5f2f732239a4292be01b96da/1600271662109-88CMUPS4N3RARWZWZ2FT/Sep20_15_200379055-001-1200x675.jpg Insights Embrace a Little Chaos When Innovating Under Pressure The Covid-19 crisis has put many product development teams in a tough bind: they’re being asked to rapidly accelerate their processes, but research shows that extreme time pressure often stifles creative work. Best practices for innovation emphasize upfront coordination and synchronization, all of which take time and can’t be rushed. Is it really possible for organizations to push creative teams to work faster without sacrificing quality? https://images.squarespace-cdn.com/content/v1/5f2f732239a4292be01b96da/1600271599711-CRMPCLFXYEK8PKD1266W/Sep20_15_1167539401-1200x675.jpg Insights What Has — and Hasn’t — Changed Since “Dear White Boss…” More than 18 years ago, we co-authored a Harvard Business Review article entitled “Dear White Boss… .” It was a fictional letter from a Black manager to an anonymous white executive. The letter was based on our years researching, interviewing, and working with Black leaders, as well as personal experiences. We described how the challenge of inequity based on racial, gender or other differences was debilitating for both people of color and the broader organization. https://images.squarespace-cdn.com/content/v1/5f2f732239a4292be01b96da/1600271543348-HHFMQFRKOL12MNVYBZNI/Sep20_04_72724309.jpg Insights What Are Your KPIs Really Measuring? No CEO doubts the importance of measuring their company’s performance properly. Yet the executive teams I’ve assisted over more than 25 years generally struggle to engage with the challenge. As one CEO put it to me, “when we get to corporate KPIs their eyes glaze over.” Or, as another said “they [the managers] start looking for the exits.” https://images.squarespace-cdn.com/content/v1/5f2f732239a4292be01b96da/1600269715306-M4NOEDJHO4LP9FA6R57U/Capture.PNG Insights Warren Buffett: An appreciation Patience, caution, and consistency. In volatile times such as these, it may be difficult for executives to keep those attributes in mind when making decisions. But there are immense advantages to doing so. For proof, just look at the steady genius of now-nonagenarian Warren Buffett. https://images.squarespace-cdn.com/content/v1/5f2f732239a4292be01b96da/1600217183889-TTO9ARI5REQ4ILEBGW47/Ecosystems-statement-1.jpg Insights Ecosystem 2.0: Climbing to the next level As COVID-19 accelerates customers’ migration to digital, with consumers of all ages going online for everything from food to cars to doctor visits, some companies may feel that the channels, platforms, and approaches they have relied on for years are burning up faster than ever. https://images.squarespace-cdn.com/content/v1/5f2f732239a4292be01b96da/1600269958024-M3LJ204VIPBTEL8A0JPB/standard-rethinking-AI-1175547284.jpg Insights Rethinking AI talent strategy as automated machine learning comes of age In recent years, as the promise of artificial intelligence (AI) crystallized across industries, organizations revamped their talent strategies to gain the skills necessary to deploy and scale AI systems. They hired legions of data scientists and other data experts to build AI applications, trained analytics translators to connect the business and technical realms, and upskilled frontline staff to use AI applications effectively. https://images.squarespace-cdn.com/content/v1/5f2f732239a4292be01b96da/1600269426935-I0XX3EB2134PI9HRWVXX/Capture.PNG Insights COVID-19: Implications for business No nation has escaped widespread disruption from the COVID-19 pandemic, but some have fared better than others. This week, McKinsey researchers examined the state of the recovery in some of the emerging Association of Southeast Asian Nations (ASEAN) countries—Indonesia, Malaysia, Philippines, Thailand, and Vietnam—that began the crisis at a disadvantage and have suffered disproportionate effects. https://images.squarespace-cdn.com/content/v1/5f2f732239a4292be01b96da/1600272148145-7QQ6IMXHS0R5YC1AEACQ/merlin_175987230_505e3985-16d7-4168-bd87-2117c3894074-superJumbo.jpg Insights How Companies Are Getting Speedy Coronavirus Tests for Employees As businesses try to recover from the pandemic’s economic blow while ensuring the safety of workers and customers, many have complained of two obstacles: access to coronavirus testing for their employees and long delays in receiving results. https://images.squarespace-cdn.com/content/v1/5f2f732239a4292be01b96da/1600271954809-KZM08NNPSUHYREEU6NW6/-1x-1.jpg Insights Millions of Small Businesses Don't Sell Online. It's Time The pandemic helped push e-commerce retail sales above $210 billion in the second quarter of 2020, an increase of over 30% from the previous quarter, according to Commerce Department data. Millions of shoppers are clearly comfortable buying stuff online. Still, only about half of U.S.-based small businesses have websites, according to one estimate. Even fewer establishments actually sell their products online. https://images.squarespace-cdn.com/content/v1/5f2f732239a4292be01b96da/1601431454294-KG1N0K3KE8DM23IFOPCR/194.jpg Insights Tech rebound momentum continues as market climbs Stocks are adding to Monday's gains, with technology again in the lead and megacaps rising. The Nasdaq is up 1.2%, the S&P is up 0.8% and the Dow is rising 0.7%. https://www.dnc.digital/services daily 0.75 2025-01-11 https://images.squarespace-cdn.com/content/v1/5f2f732239a4292be01b96da/1600105494115-WNW2EXU6I0GDQ44B9J8B/13390.jpg Services - Business Development It’s all about transactions. DNC works with client companies to drive growth. Since revenue generation is the lifeblood of all companies, we support the full gamut of business development activities - sales, marketing, channel partnerships, strategic partnerships, joint ventures. Maximizing revenue and profit is always a priority so we engage directly and through leadership coaching to serve our clients like no other firm can. We also support investment capital raising processes and business divestment or sale. https://images.squarespace-cdn.com/content/v1/5f2f732239a4292be01b96da/1599202827362-4JR0KLGPXKDP6IFYEDXT/298.jpg Services - Technology & Product Management What is the right technology? Who is the right partner? How can we leverage Artificial Intellignce (Ai)? Should we build it ourselves? What is the cost-benefit of a given project? These are the crucial questions all companies must ask when thinking about the future, and DNC wants to help you unlock the value of partnership so you can focus on your core business. Evaluating internal vs. external, if external then which partner, and determining how it all comes together is where we help you see clearly. https://images.squarespace-cdn.com/content/v1/5f2f732239a4292be01b96da/a4a01acd-8a3d-406a-a256-7d2d0c25090b/small-business-coaching-and-consulting-meeting-800.jpg Services - Management Consulting Strategy | Valuations | Advisory Services We work with client organizations, executives, leaders and teams to identify, analyze and solve complex business, organizational and operational challenges. Our consulting services focus on creative problem solving, strategy development, financial analysis and real world execution. From starting a new business or taking your existing business to a new level, from rethinking go-to-market strategy to exploring the sale of your business, we are here for you. https://images.squarespace-cdn.com/content/v1/5f2f732239a4292be01b96da/1600106020746-Q8RNQ2HYBGJYJ6TV4B21/13420.jpg Services - New Ventures & Innovation Whether a new product or a service, a new line of business or an entirely new business, we have the expertise to help build, launch, and run with your vision. Our team works with big thinkers, inventors, investors, entrepreneurs and their teams to ideate, establish, grow and scale new ventures. Our strategies will set the direction, and our execution will help you achieve those goals. https://www.dnc.digital/home daily 1.0 2025-01-11 https://images.squarespace-cdn.com/content/v1/5f2f732239a4292be01b96da/817f2739-f5e5-4457-b8b9-5d234c6ea34f/istockphoto-1321462048-612x612+Modern+Tech+on+dnc+homepage.jpg Home - Beyond Disruption: Empowering Businesses to Scale, Transform, and Thrive The world has faced unprecedented challenges: the Global Financial Crisis, Covid-19 pandemic, geopolitical uncertainty, and now a new wave of disruption has arrived. Artificial intelligence, distributed technologies, and emerging business models demand that we adapt and stretch our creativity to safeguard our businesses and drive growth. In this rapidly evolving landscape, resiliency and efficiency are paramount. To seize opportunities and address vulnerabilities, leaders must rethink how business is done and execute against well developed strategies to remain competitive. People and organizations come to us when they need to evaluate their business, launch new products or services, implement new technology, optimize business processes, develop and execute growth plans. At DNC Consulting, we guide businesses through these complexities, helping them turn challenges into opportunities - providing insights, creating intelligent digital processes, and empowering clear decision making so these organizations can transform effectively, adapt and grow. https://images.squarespace-cdn.com/content/v1/5f2f732239a4292be01b96da/1598977913962-97APJBB2XNHFZLOS8NOQ/6.png Home https://images.squarespace-cdn.com/content/v1/5f2f732239a4292be01b96da/1598979612680-4HW5638K4ZSUKWTC3UCE/5.png Home https://images.squarespace-cdn.com/content/v1/5f2f732239a4292be01b96da/1598979581807-OQ96TRT0P7FYQQ6M00EC/4.png Home https://images.squarespace-cdn.com/content/v1/5f2f732239a4292be01b96da/1598979552984-QERRHQSK0LHXK4KLVPLK/3.png Home https://images.squarespace-cdn.com/content/v1/5f2f732239a4292be01b96da/1598980251057-SNKDWLGPRE2SB9J42JPC/1.png Home https://images.squarespace-cdn.com/content/v1/5f2f732239a4292be01b96da/1598979526027-IRU022N6RD9YH1I7QPPH/2.png Home https://images.squarespace-cdn.com/content/v1/5f2f732239a4292be01b96da/1598977884341-OC4OU5AREISS24QKM6K0/7.png Home https://images.squarespace-cdn.com/content/v1/5f2f732239a4292be01b96da/1598977851034-TTTOV7CN06005513BS8Y/5.png Home https://images.squarespace-cdn.com/content/v1/5f2f732239a4292be01b96da/1598977939252-2POUFG0USA80PR00BTR1/3.png Home https://images.squarespace-cdn.com/content/v1/5f2f732239a4292be01b96da/1598980174641-FQWKBBYY0NMNG8MPJULY/6.png Home https://www.dnc.digital/contact daily 0.75 2025-01-11 https://www.dnc.digital/management-consulting daily 0.75 2025-01-11 https://www.dnc.digital/business-development daily 0.75 2025-01-11 https://www.dnc.digital/new-ventures-and-innovation daily 0.75 2020-12-17 https://www.dnc.digital/technology-and-product-management daily 0.75 2025-01-11 https://www.dnc.digital/services_backup daily 0.75 2020-12-17 https://images.squarespace-cdn.com/content/v1/5f2f732239a4292be01b96da/1599192310372-I9L3GZZVK6EV02ZURU2V/O733QA0.jpg Services_Backup - Management Consulting We work with client organizations, executives, leaders and teams to identify, analyze and solve complex business, organizational and operational challenges. Our Consulting services focus on creative problem solving, strategy development, financial analysis and real world execution. From starting a new business or taking your existing business to a new level, from rethinking go-to-market strategy to exploring the sale of your business, we are here for you. https://images.squarespace-cdn.com/content/v1/5f2f732239a4292be01b96da/1599202827362-4JR0KLGPXKDP6IFYEDXT/298.jpg Services_Backup - Technology & Product Management What is the right technology? Who is the right partner? Should we build it ourselves? What is the cost-benefit of a given project? These are the crucial questions all companies must ask when thinking about the future, and DNC wants to help you unlock the value of partnership so you can focus on your core business. Evaluating internal vs. external, if external then which partner, and determining how it all comes together is where we help you see clearly. https://images.squarespace-cdn.com/content/v1/5f2f732239a4292be01b96da/1600105494115-WNW2EXU6I0GDQ44B9J8B/13390.jpg Services_Backup - Business Development It’s all about transactions. DNC works with client companies to drive growth. Since revenue generation is the lifeblood of all companies, we support the full gamut of business development activities - sales, marketing, channel partnerships, strategic partnerships, joint ventures. Maximizing revenue and profit is always a priority so we engage directly and through leadership coaching to serve our clients like no other firm can. We also support investment capital raising processes and business divestment or sale. https://images.squarespace-cdn.com/content/v1/5f2f732239a4292be01b96da/1600106020746-Q8RNQ2HYBGJYJ6TV4B21/13420.jpg Services_Backup - New Ventures & Innovation Whether a product or a service, a new line of business or an entirely new business, we have the expertise to help build, launch, and run with your vision. Our team works with big thinkers, inventors, investors, entrepreneurs and their teams to ideate, establish, grow and scale new ventures. Our strategies will set the direction, and our execution will help you achieve those goals. https://www.dnc.digital/business-growth-consulting-cape-cod daily 0.75 2021-07-13