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External vs. Internal: The Difference between Strategy and Planning
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As we enter the first days of October here in Minnesota, the leaves are turning, football is back and our clients are diving deep into their strategic planning for 2017. When the concept of strategic planning arrived in the business world in the mid-1960’s, corporate leaders embraced it as “the one best way’ to…
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Is it Time to Do Some Disrupting of Your Own?
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Much has been written about the fear of being disrupted. Maybe it is actually time to do a little disrupting of your own and strike fear into others. Here’s an example of a company thoroughly understanding their external environment, making a calculated move and capitalizing. The client was a successful, mid-tier player in a…
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Getting it Right with This Year’s Strategic Planning Process
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While August can be a time to catch one’s breath and take a vacation day or two, corporate executives know that the annual strategic planning season is right around the corner with its team meetings, long days, spreadsheets and budgets. So before the mad rush of planning begins, I’d like to reflect on possibly…
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Disruptive Forces in Financial Services
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Competition in Financial Services has always been intense amongst industry rivals. Increasingly, firms find themselves competing with Financial Technology (FinTech) start-ups going after a selective slice of the market with a disruptive offer. Many FinTech firms have billion dollar valuations, are flush with cash, and are leveraging low cost, cloud-based delivery models. While incumbent…
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Top Five Digital Health Trends for 2016: Disruption Can be a Game Changer if a Business Can Predict it
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According to Accenture’s report, Top Five Digital Health Trends for 2016, “Disruption can be a game changer if a business can predict it.” Here are the trends they identify and break down: Intelligent Automation – big data, digital apps and devices handle the basics allowing people resources to focus on higher value tasks Liquid…
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The Challenge of Being Different
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In a past life, I held the position of a product manager for a company that was the leader in a substantial and mature industry. As a product manager, I learned many things: First I learned that the product manager role in any organization is extremely hard work and not for the faint of…
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Connecting the Dots at DEVICETALKS
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Last week, Line of Sight Group attended DEVICETALKS 2016 hosted by MassDevice. The one day event was held on Monday June 6th at the Science Museum of Minnesota and attended by 250 people. There were keynote panels from medical device leaders and break-out sessions focused on industry trends and product management topics. The main…
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Reflections on ATA 2016
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Line of Sight Group participated in the American Telemedicine Association (ATA) Annual Conference and Tradeshow held last month in Minneapolis. The annual gathering focused on telemedicine, digital, connected and mobile health. The event attracted 6,000 people, had 75 educational sessions and a trade show exhibit hall that featured 300 technology product and service providers.…
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SCIP 2016 Conference Thoughts
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Last month we had the opportunity to attend the Strategic and Competitive Intelligence Professionals’ (SCIP) annual international conference. The theme of this year’s conference was Collaborative Intelligence in a Networked World. Keynote speakers and breakout sessions focused on current and future disruptors to intelligence gathering – such as big data, predictive analytics, and artificial…
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Challenges in Education Services
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A series of recent blog posts by Maria Manning-Chapman, VP of Research, Education Services at the Technology Services Industry Association (TSIA) provide solid insight for the broader education services market. Manning-Chapman analyzes two sides of the customer adoption coin and points out that while providers of education services have been historically focused on revenue,…
