#business-transformation

#business-transformation

After getting laid off in 2023, marketing veteran Julie Levin worked part time as a bartender for about six months as she considered her next steps. Levin is now the head of brand partnerships at Two Things, a New York City consultancy specializing in business transformations. The following has been edited for brevity and clarity. I moved across the country from LA to the New York area in 2022 for a really exciting job that I thought would mark the next phase of my career.

Giving up a large share of revenue in a thriving business all for a fly? Hans-Dietrich Reckhaus, the owner of the Reckhausen family-owned chemical company in Deppendorf, Germany, did exactly that. When the 59-year-old CEO took over his family's insecticide company from his father in 1995, he didn't pay much attention to flies or insects. Like his father before him, he was manufacturing everything needed to eliminate them bug spray, ant powder, moth paper and fly traps.

Stellantis aims to generate €20 billion in software-based revenues by 2030, with 100 percent of sales in Europe and 50 percent in the US coming from electric vehicles.

AI remains a powerful driver of transformation for our clients and for IBM. Our generative AI book of business continues to accelerate and now stands at more than $7.5bn.

The notion that generative AI can simply convert low-margin service businesses into high-margin software companies is more mirage than reality, creating a misunderstanding of true value.

Cisco’s mission is to ensure that businesses fall into the category of those adept with AI by providing essential infrastructure, safety, and support.