Blockchain Revolution

HACKING YOUR FUTURE FOR A WORLD OF SMART THINGS
We’ve seen throughout this chapter some mind-boggling opportunities in virtually all
aspects of our lives, including—perhaps especially—many areas barely touched by
the first wave of the digital revolution. At the same time, these opportunities threaten
existing businesses and ways of doing business.
Key Issues: What should you as a manager be doing on both sides of this
equation—to realize new opportunities, while minimizing threats? Whether you’re a
manager in the public, private, or social sector, do you have un- or underutilized
physical assets that can be tapped for greater value? Are you realizing the greatest
possible efficiencies and opportunities to develop products and technologies for the
IoT itself? Are new entrants into this economy taking your customers and reducing
your revenues through innovative new app-based business models that you should be
installing first?
New Value: What are your physical assets and how can you enhance them to
deliver greater value to your organization or community? Do you have physical
spaces, machines, inventory, or other assets that you could tag, monitor, and animate
as part of an autonomous network where you establish the operating parameters to

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drive out costs or add value? Could you embed, upgrade, and program sensors as part
of a larger network for greater functionality and value? Could you glean new
information from an IoT network to improve your planning and analysis for the
future?