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What are the
characteristics of a good digital business? "When I see companies
that are aggressive experimenters and are willing to try and fail, that's
one indicator," says Neil Sholay, vice president of digital
for Oracle EMEA. "Another is a willingness to operate in uncharted
territory, within that gray area where rules are yet to be defined."
In the November issue of Profit,
experts like Sholay—as well as Oracle executives such as Mark
Hurd and Jon Chorley—talk about what it takes to create a
truly innovative company. Plus, learn about the technology that can help
you determine when a risk is really worth taking.
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"Our industry is one
where innovation is extremely critical to maintain the freshness of our
brands in the consumers' eyes," says Andre Simone, chief
business transformation officer at NBTY.
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Profit looked
at demonstrably innovative economies and companies worldwide to get a
better understanding of what makes them so successful. What follows are
10 key factors that drive innovation at both the macro and micro levels.
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Cover story: South
Africa's Cell C dials up enterprise cloud technology to reinvent human
resources and unlock employee potential.
Oracle CEO Mark Hurd
says the desire for cost savings and innovation makes moving to the cloud
inevitable.
"A good idea is a
good idea. It doesn't really matter where it comes from," says
Oracle's Jon Chorley, chief sustainability officer and group vice
president of supply chain management products. "You want to be able
to capture it, evaluate it, and fold it back into your innovation process
and into your product portfolio."
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Larry Ellison's
answer: The size of the prize is much bigger for ERP cloud applications,
where Workday has an offering and Salesforce doesn't.
The more employees share
about themselves using HR technology, the more their employers can
recommend new roles to them based on a number of different factors.
"To this point, the
cloud has been more about handling net-new workloads, and less about
providing a migration path for what enterprises run today," says Steve
Daheb, executive vice president of cloud strategy at Oracle.
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Oracle's Steve Daheb
examines several examples of how customers can achieve business
transformation using the cloud, no matter their starting points.
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November–February 2016
Join us for an Oracle Cloud Day near you to explore how cloud ecosystems
can speed your digital transformation and make data-driven innovation a
reality in your organization.
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Get the best of Oracle's
executive content, blogs, podcasts, and in-depth articles from Oracle's Profit magazine.
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This document is provided for information purposes only, and
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trademark of The Open Group.
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