Guessing is not a strategy: How to build decision velocity with AI and real-time data
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Innovation: The Middle Market Is Where It's At
Kevin Coleman is a highly skilled senior level project and program manager/advisor with experience leading projects with labor budgets ranging from a few hundred thousand dollars to multi-million dollar budgets across multiple industries.
Today, it is extremely rare to find a mid-market business that does not have some international operations. Given the globalization efforts that have been going on for the last several years, that fact should be no surprise.
However, competing in the global marketplace is no easy task these days. So what is the secret for middle-market companies? According to management consultants at Deloitte, mid-market companies are at the front line of innovation. In a Deloitte report, they share that more mid-market companies are “embracing emerging technologies” as an essential element in their strategies for business growth.
Exploring emerging technology is a continuous effort these days given the number of new and emerging technologies that are appearing nearly daily. As many of you already realize, much of that growth is coming from international markets.
The Deloitte Growth Enterprise Services survey (conducted by OnResearch) looked at mid-market companies and is an eye-opening read. The survey dove into current technology trends and the role that technology plays and how it influences business decisions that are taking place in middle-market companies. The survey worked with 500 mid-market companies with annual revenues ranging from $100 million to more than $1 billion. It is important to note that 60 percent of respondents were in the C-suite. Given many users …
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"Impartial observers from other planets would consider ours an utterly bizarre enclave if it were populated by birds, defined as flying animals, that nevertheless rarely or never actually flew. They would also be perplexed if they encountered in our seas, lakes, rivers and ponds, creatures defined as swimmers that never did any swimming. But they would be even more surprised to encounter a species defined as a thinking animal if, in fact, the creature very rarely indulged in actual thinking." - Steve Allen |