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October 15, 2007
[insight] Speed Wins 2
Product cycle is getting shorter
Process cycle is getting shorter
Service cycle is getting shorter.
because decision cycle is getting shorter as executives are getting more relevant information in real-time on their portable devices today. Faster decision is driving everything faster and as a result this world is changing at an unprecedented rate. Sometimes it is just hard to even breathe because there are just so much to catch up so quickly - just get back to your inbox and you will see what I mean.
All this speed mania is caused by innovation in BI - real-time dashboard, information democratization, predictive analysis, and so on. It is no surprise why BI is at the top of most CIOs' agenda. Not only they have to embrace BI but innovation in BI to stay current with the market change.
Size does not matter as much. See all those wondrous battleships from the World War II getting retired and becoming museums. Unfortunately, their size creates competitive disadvantage in today's fast-paced world.
Speed Wins.
Posted by William Cho at October 15, 2007 12:45 PM
