Strategic Plan: According to McKinsey, “executives will need to deal with three
sets of challenges: organizational misalignment, technological interoperability and
analytics hurdles, and heightened cybersecurity risks.”
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We add a fourth major
challenge to this list—building in privacy and an incentive plan, including appropriate
safeguards, from the beginning. How will IT and business functions have to adapt to
the IoT? Which parts of the organization and business leaders should you involve?
T
CHAPTER 7 SOLVING THE PROSPERITY PARADOX:
ECONOMIC INCLUSION AND ENTREPRENEURSHIP