Bionic Organization - A New Reality
Today all companies face a new reality — what we call the bionic economy — a new blend of people and machines which includes AI, big data, robotics, internet of things and many other factors of digital transformation. In the near future, only two types of companies will survive — those who start bionic like Amazon, Alibaba and others and those who successfully transform themselves into becoming bionic — as Walmart is trying to do.
Digitization is leading the world Economy
Top 5 organization today by market capitalization are all technology and digital companies. More than half of the revenue of these companies comes from Digital platforms.
BeCoN - New Forms of Capital
In the 21st century, with the accelerating increase of technological innovation, three more forms of capital have become critical to creating value: behavior capital (developed by tracking ongoing activity), cognitive capital (the value inherent in algorithms), and network capital (the connection points, with people and machines, that a company can deploy).