Grant Faulkner’s Post

I'm grateful for an insightful week at #ascmconnect and an awesome opportunity to speak! Learned even more about #supplychain challenges and opportunities this week. A few key takeaways:       - AI optimizations are key to companies staying ahead (but they will only be as good as the data used for the models).       - Sustainability is a key strategy for risk reduction for leaders in the marketplace. Nico De Golia talked about how Microsoft considers carbon impact as a third decision metrics, next to cost and lead time impact, anytime they are making changes in their supply chain. #circularsupplychains are a key strategy for reducing risk and creating more sustainable opportunities and Deborah Dull did a great job helping companies think through how they can apply this to their work.       - Digitizing your supply chain continues to be the highest priority for companies - but setting the foundation of investment in people and systems that will support the digitization is the only way to get there. Thanks Ulf Suerig, Matthew Talbert and the rest of the research team for sharing. Looking forward to continuing the conversations and collaboration!

🗲 Today, #innovation fueled by #data is the ultimate priority. This is also why #leaders must embrace new tools and keep learning to harness the potential of data at the edge for innovation. Discover the four steps to pursue innovation through data: https://ow.ly/N2ja50PHfCX

If you’re driving #generativeai adoption in the enterprise, are you approaching it as a #changemanagement effort? More common sense advice in this article from MIT Sloan School of Management. Full text here: https://lnkd.in/gwzKAind

Gartner rightly predicts that enterprises will face new challenges stemming from emerging technologies like GenAI. While I agree that initial challenges may arise, I see #AIOps becoming a cornerstone in managing complex IT landscapes, particularly within hybrid and multi-Cloud settings. The predictive capabilities of AIOps, enabled by advanced analytics and ML algorithms, will allow businesses to anticipate and pre-emptively address potential issues - resulting in reduced downtimes, lowered costs and enhanced performance. #GenAI #StrategicPredictions #SAPsystems

In the ever-evolving landscape of business, the challenge is not just to innovate but also to let go of what has served us faithfully for years. Take Excel, for instance – a powerhouse for decades in managing data. But as the digital era unfolds, technology is ushering in a new way of doing things. 💡 It’s a profound lesson in adaptability. We’re often hardwired to hold onto what works well. Yet, innovation thrives on our willingness to let go, to shed the old skin and embrace the new. 📈 Excel was a game-changer in its time, but today, it’s about harnessing the power of AI, big data, and cloud computing. It’s about real-time analytics, collaborative tools, and automation. 🌐 So, how can we navigate this shift? First, acknowledge that innovation is a continuous process. Stay curious and open to new tools and technologies. 💪 Second, empower your teams with the skills needed for this digital transformation. Invest in training and upskilling. 🌟 Finally, remember that innovation isn’t just about the tools, but also about the mindset. Foster a culture that encourages experimentation and embraces change. 🚀 Let Excel be a symbol of our adaptability. It served us well, but our future success lies in our ability to innovate and evolve. #Innovation #DigitalTransformation #Adaptability #BusinessEvolution

o9 Solutions, Inc. has joined the World Economic Forum’s Unicorn Community, which unites private start-up companies that are valued at more than $1 billion and is part of its Innovator Communities. 🎉 o9 is joining the Center for Advanced Manufacturing and Supply Chains – one of the Forum’s 10 centers – to engage with prominent policymakers, academics, innovators, civil society representatives, and business leaders and offer unique business insights to address global issues. At #WEF Davos 2024, o9 hosted a panel with world leaders to discuss the future of global supply chains and we’re very pleased to have the opportunity to continue highlighting such a critical global topic. Read the full press release here ➡️ https://okt.to/FJSaMn #WorldEconomicForum #o9Solutions #SupplyChain #WEF24

A successful digital strategy is more than implementing new tech; it requires a culture of innovation. Failures are not seen as setbacks to be avoided at all costs but as valuable learning opportunities that propel an organization forward. #DigitalTransformation #Innovation #ProblemSolving #Leadership https://lnkd.in/gW4Dzymv

🚨🚀 As I have covered in a few of my posts, last year was certainly a wild ride, with the ascendent rise of AI impacting a wide range of IT sectors and capturing the imagination (and fears) of the world at large... ...IT leaders can look forward to even more surprises, as well as continuing challenges, over the next 12 months. To stay on top of both old and new challenges, IT chiefs should evaluate their current business and technology strategies and, when necessary, adjust them to address rapidly evolving technology, business, and economic practices. The following 10 priorities should be at the top of your list. https://lnkd.in/gdz3hpsB

2024 strategic predictions offer key insights for executives, shaping strategic planning in technology and business. Emphasizing AI's evolution from a tool to a collaborator, these predictions guide leaders in understanding and preparing for upcoming technological and business trends. Divided into three critical categories, they provide a roadmap for navigating the next three to five years. Executives should consider these predictions as planning assumptions, evaluating their likelihood and potential impact on their organizations. #StrategicPlanning #AITrends #BusinessEvolution

This is very interesting! I think it aligns with the same kinds of results in organizations as they adopt contemporary ways of working and industry movements, including #agile, #DevOps, #DORA, #lean, #ITIL4, #TOGAF and more. Organizations that focus on #value #realization through #investing in their #people and #processes. #ValueANDvalues #SystemicSafety #PsychologicalSafety #Leadership