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Preparing Yourself for the Digital Economy

by Andrew White  |  April 26, 2018  |  Comments Off on Preparing Yourself for the Digital Economy

I was reading Diane Coyle’s (Author: GDP: A Brief but Affectionate History) column in today’s US print edition of the Financial Times. It is called, “The Digital Economy is Disrupting our Old Models”. In it Diane explores the recent growing interest in information ownership which, she says, is now a critical legal imperative in the digital age. It is a thoroughly interesting, expansive and thought-provoking column.

As I read her carefully written column I spied the intersection of three key themes. And each of these themes has a really good and recent book that can act as your homework or preparatory guideline for the digital economy. They are:

  1. Digital to the Core, Mark Raskino, Gartner. This book explores the digital economy and drills down into, among other things, how businesses and society are changing, and how business and IT leaders need to alter their organizations to exploit digital. Mark explains the nature of the the disruption Diane mentions in excellent detail. Here is my book review:
  2. Infonomics, Doug Laney, Gartner. This new book explores the economics of information and highlights the legal complexities related to ownership rights of data assets. The book also includes material to help the IT and business leader, especially the chief data officer, lead and organize an effective, business-relevant data and analytics strategy.  And don’t forget – all good chief digital officers will want to evolve into being chief data officers.  I wrote my book review on Amazon.
  3. Platform Revolution, Geoffrey Parker et al,. This book explores the nature and structure of a platform business model and how to build out a network-based economic model. This dovetails nicely with Mark’s book also as he connects to this topic in his book.

So there is your homework for the week! Read and inwardly digest. There will be a test next Thursday. Guess what, it’s called, “life”! Enjoy.

 

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Category: chief-data-officer-cdo  digital-business  digital-business-platform  digital-economy  

Andrew White
Research VP
8 years at Gartner
22 years IT industry

Andrew White is a Distinguished Analyst and VP. His roles include Chief of Research and Content Lead for Data and Analytics. His main research focus is data and analytics strategy, platforms, and governance. Read Full Bio




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