Daily Archives: January 15, 2008

Eight business technology trends from McKinsey Quarterly

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McKinsey Quarterly makes for some interesting and some times ground breaking ideas from one of the world’s best management consultants.

In the current issue, James M. Manyika, Roger P. Roberts, and Kara L. Sprague write about eight emerging technology trends (free reg. req.) that executives need to watch out.

For each trend they provide a bit of background, some current examples, why it may be important in the future and some articles and books to follow on each trend.

Managing relationships
1. Distributing cocreation
2. Using consumers as innovators
3. Tapping into a world of talent
4. Extracting more value from interactions
Managing capital and assets
5. Expanding the frontiers of automation
6. Unbundling production from delivery
Leveraging information in new ways
7. Putting more science into management
8. Making businesses from information

5 steps to carbon reduction

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Heather Clancy writes in ZD Net’s Green Tech blog about monitoring carbon and advice from Michael Meehan, founder and CEO of Carbonetworks.

Meehan, who hails from Victoria, British Columbia, figures there are five steps companies need to climb on their way to getting a better grip on their carbon position:

1. Measure actual carbon emissions and document where it’s coming from. What’s true for one division may not be true for another.
2. Understand how your carbon position relates to core business values. In other words, how would reducing your company’s footprint affect profitability?
3. Gauge the financial liability/value associated with your company’s greenhouse emissions.
4. Assess the impact of various reduction strategies across the entire company. Sometimes, something that may seem like a great idea for one division may have a detrimental effect on the company as a whole.
5. Link up with verified offset providers to take action.