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This prepares businesses for a range of disruptions and ensures that contingency plans are in place. Had the CrowdStrike scenario been considered by airlines and hospitals, the impacts would likely have been mitigated. This knowledge can inform your own risk management and business continuity strategies.
Many companies are going to have to revamp their entire business models in order to deal with the new technological changes brought on by advances in the IoT. The IoT is Changing the Nature of Business. Another example is when Blackberry undervalued the arrival of the touchscreen technology and fell behind competitors.
One high-profile crisis that Weber Shandwick successfully managed was the 2017 United Airlines passenger dragging incident. In April 2017, a passenger was forcibly removed from a United Airlines flight to make room for crew members, resulting in a viral video and a massive public outcry.
One high-profile crisis that Weber Shandwick successfully managed was the 2017 United Airlines passenger dragging incident. In April 2017, a passenger was forcibly removed from a United Airlines flight to make room for crew members, resulting in a viral video and a massive public outcry.
One key component of decision intelligence is intelligent business apps—custom applications within your BI tool that users with little or no coding experience can create to develop more robust BI. Traditional decision-making processes like the example just provided are becoming less effective in a modern businessenvironment.
Say, for instance, you’re an airline; you find out that a competing airline has reduced the ticket price for a certain route and you do the same to maintain your customer base. Since the 1980’s the field has steadily grown as businesses see its value. It might not be obvious, but you rely on competitive intel all the time.
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