CHAPTER 1 The Industrial past was Prologue Flashcards
What is Fusion Strategy?
A definitive approach for industrial companies to compete against new competitors.
Who is Indra K. Nooyi?
Former Chairman and CEO of PepsiCo; Member of the Board at Amazon.
What does Linda Yates recommend regarding Fusion Strategy?
That every one of her clients, from the boardroom to managers, should read this book.
What has the authors’ research revealed about digital companies?
They have won in asset-light segments by harnessing data and AI.
What is a key message from Marc Bitzer regarding Fusion Strategy?
It brings clarity and strategic direction to the industrial sector.
What does Vimal Kapur suggest executives in industrial businesses do?
Read this book to learn how to integrate hardware and software.
What vision does Fusion Strategy provide according to Jeff Immelt?
A vision for the next wave of digitization combining new technologies with the legacy economy.
What does Shaileh Jejurikar emphasize about competitive advantage?
It can be created through collaborative intelligence and embracing data and AI.
What does Scott D. Anthony highlight about Fusion Strategy?
It is a must-read for leaders navigating disruptive change.
What is the purpose of datagraphs in Fusion Strategy?
To codify competitive advantages and unlock significant value.
What does Peter Koerte say about the language of this book?
It explains the power of data and AI without excessive jargon.
What does Kinya Seto believe this book provides for global companies?
A practical framework for creating their own fusion strategy.
What does Mukesh D. Ambani say about the fusion of industrial production?
It shows the possibilities of merging industrial production with digital technologies.
What insight does N. Chandrasekaran offer about competitive advantage?
Real-time insights have surpassed assets as the most valuable competitive advantage.
What does Anand Mahindra advise regarding industry transformation?
Read Fusion Strategy to understand the transition from analog to digital insight companies.
What does Sudarshan Venu say about Fusion Strategy’s relevance?
It’s relevant for both Indian corporations and policymakers.
What does Josh Foulger imply about digital technologies in business?
They have transformed how business is conducted in the B2B space.
What is the significance of studying dataflows according to Narayana Murthy?
To improve products, processes, and performance.
What percentage of the world’s gross domestic product was created by traditional manufacturing sectors?
Almost 75 percent.
What is the predicted impact of digital technologies on traditional industries?
They will significantly change how these industries operate.
What is the addressable market for digitalizing the industrial world?
$75 trillion.
What is the fusion frontier?
A future state where industrial products are infused with sensors and software.
What is the main goal of the Fusion Strategy book?
To explain how business is changing and how to use data and AI for fusion strategies.
What are datagraphs?
Dynamic representations capturing relationships between a company and its customers.