Interesting post! AD is the one better positioned to capitalize on this new trend as they already make labels for the retail industry. I can see this platform becoming a marketplace for peer-to-peer clothing sharing or peer-to-peer “thrift store” among friends. However, I agree with Maria that this idea will require change in consumer behavior, which is hard to bet on as we learned in marketing.
Interesting post! Your post on BPD makes me realize that digitalization is really changing every single aspect of our lives. Seamless connectivity among multiple devices allows instant communication and better responses. However, as Eric mentioned above, it seems difficult to draw the line between privacy and public safety. Also, any hack into the system would undermine safety of the entire city. As BPD implements these technologies, they will need to do deep and thorough due diligence.
Interesting post! I agree with Dean that I expected to read about e-commerce when I clicked on this post since it is the main digital component of retail. I like the idea of adding functionalities to the fitting room mirrors, which could potentially drive additional sales by recommending matching outfits or shoes. However, these initiatives are largely dependent on physical stores as you mention the concept of “phygital”. I would be interested to know more about Burberry’s attempt to utilize digital or mobile platforms to increase consumers’ digital experience if there are any.
Interesting article! In this case, digitalization is helping the country to fight corruption. NDPL’s use of AMR is an efficient way to automate meter reading and to regulate illegal tapping of the distribution network. However, NDPL faces a different set of challenges as India develops and electricity demand continues to rise. Even though it is easy to view this as challenges, I view this as an opportunity for NDPL to incorporate modern technology as they build out their distribution network. There are a lot of existing technologies that can be utilized to build out more sophisticated infrastructure compared to developed countries that require large infrastructure update.
Great article! Digitalization has definitely impacted the way consumer banking industry operates. As the largest bank in Latin America, ITUB seems to be leading the industry to more innovation. However, I would echo AJR’s concern about security. If there is any sort of data breach at ITUB, it will be difficult for the bank to gain back clients’ trust and its reputation from the event. I would be interested to know about the bank’s plan if such thing were to happen.
Thank you for the post! I think another way of increasing adoption of microbiomes could be through educating the world on benefits of microbiomes. As the CEO mentioned in class, this is not a new idea. Indigo found a way to apply this to agricultural setting and they are experiencing first mover advantage of brining this solution to the market. As this concept get widely accepted by more players, there will be increased competition, which could spur up variety of microbiomes for different geographies.
This is an interesting post! I would have never imagined to write about consulting firms for climate change topic. There seems to be a double incentive to the telecommunication solution that you are proposing. It will reduce carbon emission and will improve consultants’ lifestyle, which could improve employee retention. As you already mentioned, getting clients on board with the solution will be critical. In addition, do you think there is an opportunity to change the staffing model at McKinsey so that it is more localized? Or as we learned in Accenture case, would McKinsey consider on-site/off-site model as a project team so that they still get on-site exposure from certain consultants?
I remember my first visit to one of Vail Resort’s mountains and its scale blew my mind. It makes me wonder if Vail has ever considered reducing the size of its resorts so that they can focus on maintenance and snowmaking to a smaller number of trails? In class, we discuss how large number of SKUs can be a bottleneck to the operation. Also, I would be interested in learning more about water usage. When they think about new snowmaking compressor, are they trying to reduce water consumption? Is there any adverse environmental effect of fake snow on mountains?
I will echo the previous two comments that this is well thought-out piece. Personally, I don’t think VC is the right form of private capital deployment in clean-tech/clean-energy space. The lead time of technology development to large adaptation of it can take decades unless it is an innovation in business model as SolarCity has done. Jigar Shah, an industry veteran, argues that we currently have all the technologies developed to solve the climate change. So what we need is a massive push for deployment of these technologies. A potential path for VCs going forward could be in deploying capital to early staged commercialized technologies.
Tourism industry in general has been a significant contributor to climate change and based on your post the cruise industry has certainly had a large share of that. Your post goes deep into the pollution that ships generate but what are some operational aspects of cruise tourism that also contribute to climate change? Cruises often offer unlimited meals and drinks to the guests and I can only imagine the amount of waste they generate on a per trip basis. Are the likes of Royal Caribbean doing anything to improve their operation to minimize impact on the environment?