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Business Models for the Social Mobile Cloud

Business Models for the Social Mobile Cloud Transform Your Business Using Social Media, Mobile Internet, and Cloud Computing

  • Author:
  • Publisher: John Wiley & Sons
  • ISBN: 9781118369944
  • Published In: January 2013
  • Format: Hardback , 226 pages
  • Jurisdiction: International ? Disclaimer:
    Countri(es) stated herein are used as reference only
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    Fully exploit new conditions and opportunities created by current technological changes

    The combined impact of social technologies, the mobile Internet, and cloud computing are creating incredible new business opportunities. They are also destroying unprepared companies, transforming industries, and leaving behind workers who are unwilling or unable to adapt. Business Models for the Social Mobile Cloud reveals a compelling view from PwC of how the social mobile cloud and a combination of new technology changes are key players in a digital transformation in business and society that is moving more quickly and cutting more deeply than any technology transformation ever seen.

    • Explores a road map to success through adapting to technological changes
    • Written for businesses and leaders who want to understand how the coming technology changes will eventually impact their businesses

    For companies to succeed, leaders must understand how to stay ahead of their competitors in adapting to the new conditions and opportunities. In Business Models for the Social Mobile Cloud, PwC’s Ted Shelton describes the tectonic changes currently underway—and to come—plus why they are happening, what to expect, and what you must do about.

  • Preface: There’s an App for That! xi

    Introduction: Turning Inside Out 1

    PART I THE TECHNOLOGY OF THE SOCIAL MOBILE CLOUD 5

    Chapter 1 A Remote Control for the World 7

    The Three Technologies 7

    Lessons from the History of the Internet 9

    The History Lesson: Big Picture Thinkers Survive the Game 12

    Build for the Social Mobile Cloud 15

    The Time Is Now 16

    Social Networking Is the Fastest Growing Technology Ever 17

    The Cloud: The Connective Tissue 18

    Buy a Smartphone Now 20

    Chapter 2 Social Means Connected: Compete with Yourself, Collaborate with Others 23

    The Social Network 24

    Co-Creation 28

    Compete with Yourself 29

    Sign Up for a Social Network Today—on Your New Smartphone 30

    Your Employees and Business Partners in Social Networks 32

    Chapter 3 Mobile: The Great Untethering 35

    The New Technical Capabilities 36

    Connectivity 38

    Reality Redefined: The Physical World with Data Overlay 40

    Life Streaming: Access to a Photographic Memory 41

    Cyborg 42

    BYOD and the Consumerization of IT 43

    Chapter 4 Plug Yourself into the Cloud 45

    Four Key Technologies 45

    Benefits of the Cloud Are Heavenly for Business 47

    Drawbacks of the Cloud—Just Like Any Grid 48

    Leveling the Playing Field 49

    Plug Yourself into the Cloud 50

    PART II HOW BUSINESS WILL BE CHANGED BY THE SOCIAL MOBILE CLOUD 51

    Chapter 5 ADAPT: Adapting to Change 53

    Technological Changes 53

    At the Core of Today’s Change: Transaction Cost Economics 56

    Chapter 6 Persistent Digital Engagement: The New Digital Consumer 59

    Customer Service Is the New Marketing 61

    Connecting Digitally at the Physical Point of Sale 61

    Embrace Transparency 63

    Chapter 7 Digitization: The Rising Value of Information in Products and Services 65

    Innovation Drivers 66

    Wireless Sensors in Everything and Everywhere 67

    Application Programming Interfaces for Everything 68

    Software Is Everywhere 68

    Chapter 8 Crowd Storming, Crowd Sourcing, Collaboration, Co-Creation 71

    More People = Faster and Better Decisions 72

    Group Collaboration = Faster and Better Outcomes 72

    Extend Engagement and You Increase Value for Everyone 73

    Chapter 9 Hierarchy Will Yield to Networks, Remaking Organizations 75

    Seniority and Control of Information 75

    Finding New Business Model Solutions 77

    Chapter 10 How We Buy: Redefining Shopping and Payment 79

    Business Model Shift 1: For Retailers, the Customer Is in Control 79

    Business Model Shift 2: Pay from the Comfort of Your Own Phone 82

    Business Model Shift 3: Corporate Currencies 85

    Business Model Shift 4: Insuring Corporate Currencies 87

    Business Model Shift 5: Accepting (Multicurrency) Mobile Payments 88

    Business Model Shift 6: Transforming the Purchase Experience with Mobile Payments 89

    Chapter 11 The Game of Work, the Work of Game 93

    Business Model Shift 7: Turning Work into a Game 93

    Business Model Shift 8: Data-Driven Decision Making and a Culture of Experimentation 97

    Business Model Shift 9: Experience Is the Dominant Value 103

    Chapter 12 Work and the Workplace Reimagined 105

    Forces of Change 105

    Business Model Shift 10: Dynamic Networked Social Sales and Support Staff 107

    Business Model Shift 11: Workforce Collaboration to Improve Safety and Quality 110

    Business Model Shift 12: Transparency and Openness 111

    PART III UNDERSTANDING CHANGE: HOW TO ADAPT TO THE SOCIAL MOBILE CLOUD 117

    Chapter 13 Understanding Change 119

    Punctuated Equilibrium 120

    Reinvention 121

    Chapter 14 Undoing Our Resistance to Learning 123

    HIDE 124

    Trains, Phones, Record Players: The Cause of What ? 135

    The Crucial Skills for Twenty-First-Century Success 136

    Continuous Learning: You’re Either Growing or Shrinking 137

    Chapter 15 Systems Thinking 141

    Looking at the Whole 141

    Shifts in Focus 144

    Tools to Assist with Optimizing Details 145

    Interactive Data Visualization 147

    Steps to Systems Thinking 148

    Chapter 16 Decision Making 149

    SAFE 149

    Committing to Adapting 151

    The Continuously Iterative Business Plan 153

    Chapter 17 Seven Steps to Adaptability 155

    Step 1: Why We Resist Change 155

    Step 2: Embrace Data and Analytics 156

    Step 3: Understand the Power of Social Collaboration 156

    Step 4: Why We Resist Learning 156

    Step 5: Use New Learning Tools 157

    Step 6: Learn to Use Systems Thinking 157

    Step 7: Decision Making 157

    Afterword: Digital Transformation: What Will You and Your Business Look Like 10, 20, 50 Years from Now? 159

    Appendix: PwC Thought Leadership on Social, Mobile, Analytics, Cloud (SMAC) 165

    About the Author 217

    Index 219

  • Ted Shelton Managing Director, PwC Advisory, leads a social business consulting team focusing on the consumer, retail, and high-tech industries with PwC's Management Consulting Practice. He is an active blogger and industry thought leader on how corporations can better utilize social media and mobile technologies to manage and improve their brands, providing a deep understanding of the leading technology players currently changing the landscape of customer engagement for corporate America.

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