Tomorrow’s TECH Today
Hosted by DriveIT
Hear Dr. Bill Paolillo speak at the ‘Tomorrow’s Tech Today’ event on Friday, March 23 at the Mustard Seed in Highland Square- Akron, OH.
Topics covered will include perspectives on working in the industry, education, the changing ‘TECH’ world, strategic planning, ‘big data’ and leadership as an entrepreneur. A VR/AR expert and a Data Science/Machine Learning expert will also be speaking at the event.
Paolillo will discuss IoT and how it applies to modern development and thinking through solutions-oriented civic commons projects. Doors and drinks will begin at 4:30pm and food will be served at 5pm while the panel speaks from 5:30-7pm.
Create a Competitive Advantage Utilizing the ‘Internet of Things’
By Dr. William Paolillo
GROUP PRESIDENT, INFRASTRUCTURE
The Internet of Things is not a thing, but a design thinking to redefine a user experience. IoT redesigns a user experience to decouple it from the physical world as we know it and maximize that experience for the individual using technology. I will attempt to break down the IoT design thinking is a three-step process.
- Step one is to decouple the actual experience from traditional thinking and space.
- Step two is to create and use tools to collect data on the experience.
- Step three is to create a personal app to give the user a plan, based upon the data collected, to make the experience more effective, more engaging and maximize their personal goals.
In the case of a building, IoT would maximize a user’s personal experience with the building space – this is a key indicator of workforce engagement. Workforce engagement is a key input to maximizing company productivity and earnings.
Here are three short videos to illustrate the process.
Example one: Zip Car. Decouple the actual experience from traditional thinking and space – This was the first IoT business. They asked the question – why do we need rental car locations to rent cars?
Example two: Under Amour HealthBox. Use the data and create a personal app to give the user a plan to make the experience more effective, more engaging and maximize their personal goal health goals. https://www.youtube.com/watch?v=uUTtT6XnviY
Example three: MIT IoT thinking. This video provides an overview of IoT and an example of IoT using the building application of a light switch.
Leadership is situational, so the role of IoT will differ depending on the situation. Three things drive human happiness – autonomy, relevance, and improved competence (Deci & Ryan 1979) – this underpins most of Dan Pinks work. Whatever we can do as leaders to help individuals feel more competent, in control, or relate to something bigger than themselves should positively affect worker engagement and positive business outcomes. The video examples show how IoT helps individuals to feel more competent, in control, and a part of something bigger than themselves.
In today’s complex business environment, a strategic advantage is created by getting your employees, suppliers, and customers to self-organize around opportunities – come together. Those organizations that recognize their entire supply chain as a connected voice – “the message” and not an end to the message, create competitive advantage. IoT enables this control with right leadership style. Leaders of enterprise today need to recognize they lead not only the direct workforce, but the entire supply chain. An individual’s feelings and experiences are just a tweet or post away. IoT allows us to put control into the hands or thumbs of our customers, suppliers, partners and employees. If we choose to put the individuals and companies we do business with, “in control,” “control with”– you have an opportunity to transform your business and create competitive advantage in the 21st century.