Digital to the Core Quotes

“Ensure that the pace and type of change internally match or exceed the changes occurring externally.”
― Mark Raskino, Digital to the Core: Remastering Leadership for Your Industry, Your Enterprise, and Yourself

“Be a mission maker, so that people can be part of something worthwhile that is much bigger than themselves.”
― Mark Raskino, Digital to the Core: Remastering Leadership for Your Industry, Your Enterprise, and Yourself

“Each major marketplace disruption calls for a reset of culture,” Raghu Krishnamoorthy, GE’s chief learning officer, explained. “Even though it is hard to re-create for the new context, if you don’t you will not have the ability to survive.”
― Mark Raskino, Digital to the Core: Remastering Leadership for Your Industry, Your Enterprise, and Yourself

“Krishnamoorthy believes that resetting culture is one of the most important skills the organization possesses, noting that GE has done it several times in the past, and will continue in the future.”
― Mark Raskino, Digital to the Core: Remastering Leadership for Your Industry, Your Enterprise, and Yourself

“This resistance often draws from a tide of powerful sentiments: “This is the way we have always done things here,” “This is what is driving today’s P&L,” or plain old “This is what we know.” Bring”
― Mark Raskino, Digital to the Core: Remastering Leadership for Your Industry, Your Enterprise, and Yourself

“If you don’t act, someone else will, and you run the risk of being marginalized from this opportunity space,”
― Mark Raskino, Digital to the Core: Remastering Leadership for Your Industry, Your Enterprise, and Yourself

“GE Beliefs.” A sample belief is the explicit recognition for the need to “Deliver results in an uncertain world,” further described by three key behavioral anchors: We act with urgency, and play to win. We have the courage to make bets others won’t. We use expertise and judgment to manage risk while always acting with integrity.8 Note”
― Mark Raskino, Digital to the Core: Remastering Leadership for Your Industry, Your Enterprise, and Yourself

“to disrupt our own business model, before someone else tries to do it for us.”3”
― Mark Raskino, Digital to the Core: Remastering Leadership for Your Industry, Your Enterprise, and Yourself

“He continues, “We are taking our senior executives to Singularity University in California, where we are able to see the future of the digital world and see what it means for us.” Singularity”
― Mark Raskino, Digital to the Core: Remastering Leadership for Your Industry, Your Enterprise, and Yourself

“In 1875, a racquet maker asked Pierre to try to make strings from animal gut, using the same process he had already mastered for violin strings. The results were revolutionary.”
― Mark Raskino, Digital to the Core: Remastering Leadership for Your Industry, Your Enterprise, and Yourself

“Babolat’s Play racquet contains accelerometer and gyroscope sensors, a digital microprocessor, Bluetooth wireless communications, and a battery. All of these components weigh just fifteen grams and fit inside the handle.”
― Mark Raskino, Digital to the Core: Remastering Leadership for Your Industry, Your Enterprise, and Yourself

“This rich array of innovation capabilities has already begun to transform many everyday products and some industrial ones. The following examples are all available today: E-cigarette— heats liquid into a nicotine-laced vapor instead of burning tobacco Digital billboard— senses who is viewing and responds to that person Smart soccer ball— reports its speed, direction, and other data to a mobile device Augmented-reality ski goggles— show a radar-like display of skiers’ locations Car smartphone remote control— provides access to the air conditioning controls or fuel gauge Robot golf course lawnmower— repeats perfect pattern cutting of greens Crypto currencies— substitute for conventional government-issued money Smart-home lightbulbs— set precise color hue and brightness remotely”
― Mark Raskino, Digital to the Core: Remastering Leadership for Your Industry, Your Enterprise, and Yourself

“Digital is no longer a backing vocal; it has moved center stage to become part of the main act. We”
― Mark Raskino, Digital to the Core: Remastering Leadership for Your Industry, Your Enterprise, and Yourself

“Digital business will cause deeper business change than Internet technology created in the past. You”
― Mark Raskino, Digital to the Core: Remastering Leadership for Your Industry, Your Enterprise, and Yourself

“This fundamental factor leads to an unavoidable truth— the future is becoming just too complex to predict using traditional approaches. You cannot know what you will need to know. You can’t calculate and plan sufficient scenarios. Yet you must do something because the digital business world will be a turbulent and unforgiving place where winner-take-all outcomes will be common and the disrupters themselves will be disrupted.”
― Mark Raskino, Digital to the Core: Remastering Leadership for Your Industry, Your Enterprise, and Yourself

“Gartner predicts that by 2020 twenty-five billion things will be connected to the Internet24 and estimates that there are at least 130 million enterprises. There are already three billion people online worldwide.25 Business times people times things (B × P × T) means that the number of possible interactions and the creative opportunities and unexpected breakthroughs and threats will grow. Explosively.”
― Mark Raskino, Digital to the Core: Remastering Leadership for Your Industry, Your Enterprise, and Yourself

“In the industrial space especially, we’re seeing the number of sensors and their capabilities going up at an exponential rate,” Ruh said. “We think of this as the Internet of Things applied to the industrial space. We see the opportunity for enormous productivity and efficiency gains in energy, transportation, aviation, and healthcare through the interconnection of devices enabled via huge amounts of sensors. The key is really analytics on the data, the ability to get deep inside those assets and the processes that surround them and allow people to get more productivity and efficiency out of their assets.”
― Mark Raskino, Digital to the Core: Remastering Leadership for Your Industry, Your Enterprise, and Yourself

“If you went to bed last night as an industrial company, you are going to wake up in the morning as a software and analytics company. The notion that there’s a huge separation between the industrial world and the world of digitalization, analytics, and software— those days are over…. It’s about transitions and pivots and change; these things never happen in a moment or a day or a month but they sneak up on you and they happen suddenly and there are three changes that we are investing in that are important for our future. The first one’s the merger of physics and analytics…. The second big transition is that every customer in the industrial world now knows how to measure and value outcomes…. And the last thing is that it’s not just about GE, it’s about the extended enterprise.”
― Mark Raskino, Digital to the Core: Remastering Leadership for Your Industry, Your Enterprise, and Yourself

“When we say “new business designs,” we are referring to new kinds of products and services, business models, and industry models, as well as new ways of creating value for customers. “Blurring the digital and physical” means ending the traditionally clear boundary between the tangible world we live in and the virtual informational world, or “cyberspace,” typically thought of as existing inside computers. Perhaps we shouldn’t use “digital” in the definition because it’s a bit circular, but the word feels comfortable to people in a way that cyber and virtual don’t. Perhaps”
― Mark Raskino, Digital to the Core: Remastering Leadership for Your Industry, Your Enterprise, and Yourself

“You are probably already familiar with digital marketing because you experience it every day. Digital business goes much deeper. It goes to the heart of what you make and serve to your customers. It redefines some of your core competencies and what you are in business to do. It could even end up placing you in a new industry— possibly one that never existed before.”
― Mark Raskino, Digital to the Core: Remastering Leadership for Your Industry, Your Enterprise, and Yourself

“digital business is the creation of new business designs by blurring the digital and physical worlds.”
― Mark Raskino, Digital to the Core: Remastering Leadership for Your Industry, Your Enterprise, and Yourself

“Gartner’s 2015 survey found that CEOs expect that revenues attributable to digital products, marketing, and sales will double from an average of 21 percent in 2014 to 42 percent in 2017.”
― Mark Raskino, Digital to the Core: Remastering Leadership for Your Industry, Your Enterprise, and Yourself

“Physical products today can be significantly enhanced by adding combinations of the following digital elements: Sensors Displays and indicators Actuators and manipulators Microcontrollers Onboard analytics Memory Wireless-connected services Remote controls”
― Mark Raskino, Digital to the Core: Remastering Leadership for Your Industry, Your Enterprise, and Yourself

“In technology, take care not to underestimate or get caught out by the nonlinear pace of change. In culture, evaluate social acceptability and keep testing its boundaries without crossing the “creepy line.” With regulation, innovate because of it or in spite of it, treating it as a potential source of opportunity, not just an obstacle.”
― Mark Raskino, Digital to the Core: Remastering Leadership for Your Industry, Your Enterprise, and Yourself

“Every business, no matter how old, has the opportunity and the ability to digitally remaster its products and services.”
― Mark Raskino, Digital to the Core: Remastering Leadership for Your Industry, Your Enterprise, and Yourself