The General Data Protection Regulation (GDPR) comes into force this May 2018, replacing the existing data protection framework under the EU Data Protection Directive.
I work primarily with innovative startup founders as well as global leaders in the use of technology. According to a study on Digital Transformation by IDC published by Forbes, by 2021 one-third of CEOs and COOs of Fortune 2000 companies will have spent at least 5 years of their career in a technology leadership role. The key to their success will not be their technical expertise. This'll help, but it will be in their ability to unite technology, operations, marketing and ideas across a distributed organisation that will determine whether they make it in an increasingly fractured and fickle technology market. Business leaders of the future will have to find ways to unite a workforce that no longer ascribes to a traditional model of hierarchy and reward.
Engineers like to solve problems. Show me an excited engineer and I’ll show you a man with a problem. Noodling with algorithms and figuring out how to connect one thing to another excites a problem solver like nothing else. In technology companies, it’s always an advantage to have people who love the challenge of diving into complexity and emerging with simple, elegant solutions. These can then be sold to customers - provided the solution is actually something the customer wants.
New concept businesses can’t sell like others with more familiar products. Selling a pair of jeans in a department store requires a particular type of selling, emphasising the value of something already understood to be useful and desirable to the customer. Selling a platform or product that does something that's never been done before requires two extra steps...
Sometimes selling a solution or product feels like you’re sitting on a goldmine, yet no-one around you seems to understand. Often the value remains hidden, no matter how many ways you tell your story.