Personal Log: Understanding Case Fatality Rates For #COVID19 #CoronaVirus

R "Ray" Wang

Principal Analyst and Founder
Constellation Research

R “Ray” Wang is the CEO of Silicon Valley-based Constellation Research Inc. He co-hosts DisrupTV, a weekly enterprise tech and leadership webcast that averages 50,000 views per episode and blogs at www.raywang.org. His ground-breaking best-selling book on digital transformation, Disrupting Digital Business, was published by Harvard Business Review Press in 2015. Ray's new book about Digital Giants and the future of business, titled, Everybody Wants to Rule The World was released in July 2021. Wang is well-quoted and frequently interviewed by media outlets such as the Wall Street Journal, Fox Business, CNBC, Yahoo Finance, Cheddar, and Bloomberg. Short Bio R “Ray” Wang (pronounced WAHNG) is the Founder, Chairman, and Principal Analyst of Silicon Valley-based Constellation Research Inc. He…...

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Data In Early Case Fatality Rates Are Naturally Biased To Show Massive Fatality

Disclosures

Although we work closely with many mega software vendors, we want you to trust us. For the full disclosure policy,stay tuned for the full client list on the Constellation Research website. * Not responsible for any factual errors or omissions.  However, happy to correct any errors upon email receipt.

Constellation Research recommends that readers consult a stock professional for their investment guidance. Investors should understand the potential conflicts of interest analysts might face. Constellation does not underwrite or own the securities of the companies the analysts cover. Analysts themselves sometimes own stocks in the companies they cover—either directly or indirectly, such as through employee stock-purchase pools in which they and their colleagues participate.

As a general matter, investors should not rely solely on an analyst’s recommendation when deciding whether to buy, hold, or sell a stock. Instead, they should also do their own research—such as reading the prospectus for new companies or for public companies, the quarterly and annual reports filed with the SEC—to confirm whether a particular investment is appropriate for them in light of their individual financial circumstances.

Copyright © 2001 – 2020 R Wang and Insider Associates, LLC All rights reserved.

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The CIO Must Lead Business Strategy Now

Dion Hinchcliffe

Vice President and Principal Analyst
Constellation Research

Title: About Dion Hinchcliffe Dion Hinchcliffe is an internationally recognized business strategist, bestselling author, enterprise architect, industry analyst, and noted keynote speaker. He is widely regarded as one of the most influential figures in digital strategy, the future of work, and enterprise IT. He works with the leadership teams of large enterprises as well as software vendors to raise the bar for the art-of-the-possible in their digital capabilities. He is currently Vice President and Principal Analyst at Constellation Research. Dion is also currently an executive fellow at the Tuck School of Business Center for Digital Strategies. He is a globally recognized industry expert on the topics of digital transformation, digital workplace, enterprise collaboration, API…...

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2020 has ushered in yet another definitive shift in the role of the top technology leader in most organizations. While I have been discussing the steadily changing responsibilities of the Chief Information Officer (CIO) for quite a few years now, we now see that this is finally the moment that the CIO becomes a business leader, first and foremost.

While the title of this post may be provocative for some, from my vantage point it's simply stating the reality today. Whether or not the CIO wants to or is ready to -- and regardless of what the rest of the C-Suite or board believes -- the CIO role is now critical to the business strategy of almost every organization.

The reason is simple: Technology now drives the global economy. Because digital infuses and pervades almost every aspect of the our organizations today, as well creating virtually all the major new markets-- and consequently, vital growth -- it makes technology a top driver of business strategy today.

This is not to say that the CIO will lead all business strategy. Far from it. But only those who are deeply familiar with both the technology landscape and have long experience with the profound challenges and difficulties of actually realizing digital solutions, will be able to successfully navigate the complex onrushing pathways that give access to the future for the business.

This ability to map out, articulate, and rally the organization around the digital art-of-the-possible can only be done by what is increasingly called the Qualified Technology Executive (QTE). A QTE is a leader wbo posseses a significant amount of current technology-relevant domain experience. As a QTE personally, I have a pretty clear sense of how long it takes to become one, even if one is determined. At least 10 years. This includes both study as well as previous hands-on experience with multiple large scale business/technology transformaitons.

The result is that most organizations lack sufficient QTEs to successfully undergo digital transformation. Yet such transformations are a top five CEO priority around the globe right now as most companies realize they now are also tech companies. The current consensus in the industry that it is only a matter of time before QTEs are mandatory on boards (it is very surprisingly to me frankly, that this is not already the case.) In other words, sufficient digital experience is lacking at the top in the majority of organizations to step in and drive the overall go-forward strategy of the business.

The result of all this is that there is no one else that can completely lead business strategy at the executive level. The answer has sometimes been that the Chief Digital Officer (CDO) or even the Chief Marketing Officer (CMO) could also potentially be a top-level QTE. To this I'd observe that the first simply doesn't have control of the IT systems, the data, and the majority of the technology budget like the CIO has. Most CDOs also don't have a big enough purview, a sufficiently large or coherent staff, or a big enough budget to transform the business. The CIO usually does.

These are the reasons why so many CIOs have recently been given the CDO role too. It is part of an overall digital restructuring of the C-Suite, which will likely become nearly total and profound in the next few years as enterprises become fundamentally experience-driven organizations. As to the CMO, they usually are not QTEs, though in organizations where they are, it's certainly a possibility they will help lead business strategy too.

An aside: Worryingly to me, even the CIO barely has the resources in many organizations to succeed at delivering the full range of digital change required today (my current analysis is that IT has been underfunded for years in the typical enterprise by about 30-50%.) 

The reason this has come to a head in 2020 is that there is no more digital runway. From my research and conversations, the clock has clearly run out for most enterprises. The proverbial can cannot be kicked down the road (though some will no doubt try.) There is no time to make other executives into QTEs, or even enough time to to replace enough executives with QTEs, although this last part is perhaps debatable, although a non-starter in most organizations. The CIO is the last role standing that can deliver on the full end-to-end job of sustainable business strategy and execution, albeit in close conjunction with the rest of the "top table."

Executable Imagination of the Future

Many of us have used the line that the CIO used to be a Chief Infrastructure Officer and is now slowly turning into a Chief Innovation Officer. What's called for now is more than just innovation. It's a far-ranging rethink of our businesses, markets, products, partners, supply chains, and even our customers. The CIO in 2020 and beyond must become the Chief Imagination Officer, in a way that thinks broadly, widely, and deeply well into the future, understands the various chess moves that must be made to pathfind -- then supercharge -- the right way forward. They must be able to articulate all this to the organization and marshal them around the changes.

This is part of what all the talk is about digital transformation not being about technology (despite it also being about technology.) It's about the people, the talent, a willingness to change, and an actionable and clear vision forward into the future. The old CIO as a largely technology role is officially over (though zombies will of course continue to exist for some time.) Long live the new CIO.

Additional Reading

CIO Predictions Going Into 2020

The evolving role of the CIO and CMO in customer experience

Six Trends Affecting the Innovation-Led CIO

Our List of Top Industry QTEs: The Business Transformation 150 for 2020

New Webcast Series: Coping with Covid-19 For Your Business & Communities #CoronaVirusBizHacks

Aubrey Coggins

Constellation Research

Aubrey (Levinstone) Coggins manages Constellation's marketing and communications programs and is the producer of DisrupTV, a weekly Web series on innovation and the enterprise.  She previously served as a senior manager of corporate communications at Egnyte and held account roles at Access Communications and The Hoffman Agency. Born and raised in Texas, she received a bachelor's degree in Public Relations from The University of Texas at Austin – Hook ‘em!   ...

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Big business decisions are being made as the Coronavirus wreaks havoc on the health of our families, teams, customers and communities. With all the fear and concern, many executives have started looking for best practices, insights and straight talk on the potential response and impact. Join us for three different discussions on how Constellation Research sees this global threat and thinking around how to make sure business keeps moving post-COVID-19. Hosting a conference? Extending remote work policies? Employee health concerns? Loss of  trust and increased fear? We’ve got some answers.

Join us for our new webinar series hosted today and two more next week. These topics should help allieviate some stress and keep your business moving smoothly and the health of your communities top of mind. 

Brand Trust in an Age of Fear and Virus

We live in an age where misinformation spreads faster than a pandemic. How do we face the virulent nature of rumors, lies and misinformation when brand trust is at stake? This webinar will take aim at the responsibilities brand leaders have in the age of Coronavirus, from the need to protect customers and employees to the role we will all play in spreading truth faster than fear.

Hosted by Liz Miller
Thursday, March 5 at Noon PT/3 PM ET
REGISTER HERE
 

A Guide to Remote Work During COVID-19

Get a comprehensive overview of the more effective strategies, tools, and techniques to help workers stay productive remotely. Learn how to set up a high-quality remote work program or significantly improve an existing one. Aimed at both IT and businesses.

Hosted by Dion Hinchcliffe
Wednesday, March 11 at 11 AM PT/ 2 PM ET
REGISTER HERE 
 

Hosting Events Amidst A Coronavirus

Get best practice tips on how to mitigate transmission, reduce risk and exposure, and keep your live event. Learn best practices and apply public health principles from the WHO, CDD, and Johns Hopkins Public Health.  

Hosted by R “Ray” Wang
Thursday, March 12 10 AM PT/1 PM ET
REGISTER HERE

Join the hashtag: #coronavirusbizhacks 

Be sure to register and join us live for these discussions to prepare for the impacts of Coronavirus on business. Let’s be proactive and prepare for what’s to come.

What Joe Coulombe Is Still Teaching Us About Customer Experience

Hot on the heels of a rousingly successful first-ever AXS in Atlanta last week (thanks to all who attended!) came the news: Joe Coulombe, founder of Trader Joe’s, died February 28 at the age of 89.

It’s been decades since Trader Joe himself retired (1988), even longer since he sold the company to Aldi Nord (1979), but he remains a retailing legend to this day. His clarity of vision gave rise to what continues to be the leading U.S. grocery retailer in sales per square foot. If there were an objective measure of customer loyalty and zeal, TJ’s would top that chart as well. One of the most frequent subjects its customer service team fields is people lobbying to have a Trader Joe’s open in their area.

You need not be a Southern Californian, a wine buff, or a Hawaiian shirt fan to find TJ’s an appealing place to shop. Or to be impressed by the company’s ongoing success. At AXS, our discussions covered both the advanced technologies and customer-centric fundamentals that shape customer experiences today. In light of that scope, it’s particularly instructive to analyze what makes Trader Joe’s the compelling case study it is.

For too many businesses today, technology tools and digital channels seem to be the main priority, with customers themselves almost an afterthought. Trader Joe’s, from the founding principles defined by Joe Coulombe up to the present day, focuses first and foremost on customers. It’s a living thought experiment in evaluating whether technology and customer data collection are even necessary to build durable, profitable customer relationships. In the digital age, that is an essential, if counter-intuitive, question.

How can we learn from the shop that Joe built? What are those indelible features that have made Trader Joe’s a long-running success, throughout changes like acquisition, the founder’s retirement, industry strikes, continued expansion, and changing buyer expectations?

Here are my four key lessons from Joe Coulombe:

1. Understand Your Customers

Start by doing your research. Joe had experience in convenience retail before he started the business. Maybe it was the Stanford BA and MBA, but he also looked at a series of broader trends and anticipated the needs of his audience. The number of college graduates was rising. The 747 had just been introduced. People were traveling more, expanding their horizons, and coming home with a taste for foreign food and quality liquor. Years later, Joe would famously describe his customer base as “over educated and underpaid”. No matter the label, he understood what appealed to them. Cue the staff in Hawaiian shirts, nautical theme, and limited-run product lines. Along with your French cheese, Italian wine, strange new condiment, and health foods you could have a conversation on philosophy, current events, or local history with your checker at the register.

2. Elevate Your Employees

If today we’re obsessed with the question of how to build enduring company culture, Joe just did it. He hired employees who liked people, because he knew that if his employees were interacting with customers, they’d always know what customers liked and what they didn’t. They’d also serve them better. Long before Starbucks gained social street cred for its benefits, Trader Joe’s was paying competitive salaries with full benefits. To this day, the company promotes mainly from within. Company executives also work on the shop floor. No one is removed or insulated from interacting directly with customers on a regular basis. When it comes to understanding customers' needs—and sensing when or how they may be changing—everyone does. It’s part of the company’s DNA.

3. Use Technology as a Means, Not an End

Notably, Trader Joe’s does not collect any customer data. They have no loyalty card, no customer database, and don’t even ask for your ZIP code when you check out. They have a website, but do not sell online. Even the Fearless Flyers they send out (which still look much as they did in the 80’s and 90’s) are bulk mailed to people within close proximity of their stores. I’m not sure if they even have a mailing list. They did finally introduce a POS system in the early 2000’s. I suspect (but can’t confirm) that they’ve got a pretty streamlined supply chain and logistics system. The critical distinction here is that TJ’s has a LOT of quantitative data on its products. Including how many people complain that they’ve discontinued something that they loved. Or when something turns out to be a dud. When it comes to information about customers, however, that is direct, qualitative, and, in the best possible way, tribal knowledge.

The company has recently started using digital media as a way of engaging its customer, but not in a conventional way. Rather than trying to build an online community, say, TJ’s has been producing an “Inside Trader Joe’s” podcast. It's like the Mickey Mouse Club for grown-ups, with less singing. If you have feedback  about stores or products, you can provide it online. You can just as easily call a store and talk to a person.

4. Never Stop Innovating and Adapting

For the apparent dearth of digital communication channels or customer data collection, Trader Joe’s is still one of the most prescient in identifying emerging trends and profiting from them. Whether it was identifying growing interest in frozen seafood, moving into fresh produce, introducing organic products, or reducing the amount of plastic packaging on its food, the company continues to innovate and change. It is continuosly seeking out and testing new products. In a 2010 interview, quoted in his LA Times obituary, Joe said this: “My successors at Trader Joe’s have taken a 30-store chain nationwide with remarkable adherence to the basic concepts we started out with. Though it’s certainly a different store than I left in 1989, I changed it so many times, I can’t argue with what they’ve done.”

There are industry observers who suggest that Trader Joe’s must eventually adapt to ecommerce and digital channels in order to survive. That may someday be true, but it’s worth noting that the biggest gorilla in the business, Amazon, has been the one to adapt first. It moved into brick and mortar stores through Whole Foods.

One thing is certain. Trader Joe’s is a business that has personality, from its corporate culture to individual stores and employees. Each one is itself, but part of a larger whole. Trader Joe’s is a business built for people. If the captains and crew members ever decide they need to move more fully online, I’m confident they’ll translate that personality into digital media as well.

Which brings me to my biggest lesson—and perhaps our biggest challenge as businesses: how can we improve our ability to interact with, engage, and unobtrusively observe our customers without being invasive, opaque, or disingenuous in doing so? We must continue to find ways of doing in digital channels what we are so innately good at in person as humans. We also need to recognize that it’s the qualitative insights, not just quantitative data, that are often the most important indicators of what’s next. And finally, there’s a whole lot of insight we can generate from the right data—we just have to know where to look for it, and not bother with the rest.

Best Practices: Hosting Events In The Age Of #Coronavirus (COVID-19)

R "Ray" Wang

Principal Analyst and Founder
Constellation Research

R “Ray” Wang is the CEO of Silicon Valley-based Constellation Research Inc. He co-hosts DisrupTV, a weekly enterprise tech and leadership webcast that averages 50,000 views per episode and blogs at www.raywang.org. His ground-breaking best-selling book on digital transformation, Disrupting Digital Business, was published by Harvard Business Review Press in 2015. Ray's new book about Digital Giants and the future of business, titled, Everybody Wants to Rule The World was released in July 2021. Wang is well-quoted and frequently interviewed by media outlets such as the Wall Street Journal, Fox Business, CNBC, Yahoo Finance, Cheddar, and Bloomberg. Short Bio R “Ray” Wang (pronounced WAHNG) is the Founder, Chairman, and Principal Analyst of Silicon Valley-based Constellation Research Inc. He…...

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Event Organizers Must Exercise An Abundance Of Caution

Source: Constellation Research, Inc. Ambient Experience Summit 2020 Atlanta

Amidst the backdrop of coronavirus fears and the spread of COVID-19, event organizers must make the tough decisions on whether or not to host their events or cancel.  The decisions are not easy to make  Given the lack of good information on how the virus is transmitted and how contaigous the virus can be, most event organizers have opted for an abundance of caution.  A few have declared cancellations given their business models or the spread of outbreak among their core demographic.  In fact, a few mega events such as Mobile World Congress (large number of chinese based vendors) and Italy’s Carnival and the Greek Aporkies (recent country specific outbreaks) have been cancelled.

The fears and realities of hosting events amidst a rising epidemic and a potential global pandemic require new guidelines and procedures for all event organizers.  Once the fears subside, business must continue and events will continues, but short of hosting virtual rooms and zero human contact, organizers will have to consider rules based on a number of factors:

1. Apply Pre-Event Pre-Cautions

• Develope strict and precautionary attendance policies and restrictions.  Use the latest trackers to determine whom to limit attendance from.  At the time of this blog post, most event organizers suggest a limitaion for potential attendees whom have visited within the past 60 days the coutnries of China, Italy, UK, UAE, Iran, South Korea, and Hong Kong.  However, targeting individual countries may become futile.  Use the Johns Hopkins live-tracker to determine which countries may pose the greatest risk as these changes happen in real-time.
• Screen guests based on where they have visited.  Ask international attendees to produce their passports.  Any guests that have visited the targeted list of high risk countries in the past 60 days should not be cleared for entry into the event venues.   US based events should adhere to the travel restrictions and guidance of the U.S. Department of State
• Apply generous cancellation policies given the current situation. Most event organizers have provided attendees the ability to apply their fees to the next year’s event. Some have provided refunds.  A very few have not provided any refunds.
• Discourage attendees who have any flu-like symptons to attend.  Attendees who have a runny or stuffy nose, fever, cough, sore throate, symptoms of diahrreha, and symtoms of vomittting within the previous two weeks of the event should not attend the event.  Event organizers should make no exceptions.  Keep in mind with spring allergy seasons ahead of us, this will be a tough call.
• Establish data collection waivers  in order to enable public health tracking.  Secure waivers for global privacy regulations to track any incidents.  Most organizers are implementing GDPR and PDPA waivers.
• Partner with local authorites and health agencies.  Closely monitor World Health Organization (WHO) and Centers for Disease Control (CDC) guidelines and all new developments.  Apply new policies based on disease transmission etiologiies. 
• Update all attendees on the latest developments.  Send frequent updates to attendees on attenendance criteria and  on site health and safety rules.  Most send a notice two-weeks in advance, one-week prior, three-days prior, one day prior, and throughout each event day.

2. Enforce Day Of Event Pro-Active and Cautionary Measures

Source: Constellation Research, Inc. Ambient Experience Summit 2020 Atlanta

• Conduct temperature screenings at the event venue.  Most event venue operators or event organizers will screen using thermal scanners outside the venue.  All attendees will be subject to passive temperature screening measures.  Indiviuduals with temperaturs higher than 100 F (38 C) should be escorted to an isolation holding room.  Medical personnell will interview and quarantine the person if necessary.
• Establish an isolation holding room with local public health authorities.  Event organizers should work with health agencies to staff a isolation holding room for supsected cases and implemention of standard operating procedures for disinfection.  The isolation room should be staffed with trained medical professionals and follow proper infectious disease protocols.
• Require rigorus physical cleaning of the venue.  Require wipe-downs for all microphones and speaker monitors.  Increased frequency of physical cleaning and usage of appropriate disinfectant agents for door knbos, lecturns, escalator hand rails, trash recepticles, water stations, elevator bottons, chairs, registration tables, and bathrooms.  Prepare for a provision of personal protective equipment (PPE) and roll out restricted entry and exit plans as needed.
• Provide hand sanitiers and masks.  Ask all visitors to use hand sanitizers before entering the event and make sanitizer available throughout the event.  Make face masks available for all attendees if they feel unwell.
• Display of health advisories at event venue. Remind attendees to keep personal hygiene high, provide notices on hand washing and also minimizing physical contact.
• Implement a “No Hand-Shake: policy at the event.  Use fist bumps, elbow bumps, virtual hugs, waves, and other mechanims to replace the handshake during the crisis.   Wash all hands with soap and water for at least 20 seconds, especially after any eating, blowing of the nose, coughing, sneezing, and using the bathroom.
• Reques all attendees and exhibitors evaluate their own health and that of those they're in close contact with.  Feel free to report to any event organizers anyone that feels unwell you come in contact with.  Encourage attendees whoa re sick or showing symptoms of illness to stay home.
• Increase medical personnel and security on-site.  Staff up to handle medical emergencies, provide on-site diagnosis, prepare the event venues, and oversee event medical operations.

3. Follow-up Post Event

4. Use These Resources To Track The Coronavirus Spread

• Use the Center for Disease Control's (CDC) recommendations for traveling.
• Find the latest live-tracker of disease transmission from Johns Hopkins University
• Apply the WHO’s recommendations for reducing exposure to the public
• Catch the latest rolling updates from the WHO on the coronavirus disease (COVID-19).
• Download the WHO’s event planning guide that includes recommendations for event organizers.

The Rise of Work Coordination Platforms in the Digital Workplace

Dion Hinchcliffe

Vice President and Principal Analyst
Constellation Research

Title: About Dion Hinchcliffe Dion Hinchcliffe is an internationally recognized business strategist, bestselling author, enterprise architect, industry analyst, and noted keynote speaker. He is widely regarded as one of the most influential figures in digital strategy, the future of work, and enterprise IT. He works with the leadership teams of large enterprises as well as software vendors to raise the bar for the art-of-the-possible in their digital capabilities. He is currently Vice President and Principal Analyst at Constellation Research. Dion is also currently an executive fellow at the Tuck School of Business Center for Digital Strategies. He is a globally recognized industry expert on the topics of digital transformation, digital workplace, enterprise collaboration, API…...

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The world of the digital workplace has long been dominated by two major divisions of applications. The first is the system of record, such as ERP and CRM platforms, which have had a long and storied history, only now reaching robust maturity in the cloud. The second are systems of engagement, which have seen a tremendous blossoming and growth in the Internet era. These started off as relatively general purpose communications and collaboration tools that we still use to work together today as teams and organizations, but have since branched into countless niches.

This second category of application has seen long and sustained evolution over the last 30 years, starting with e-mail, groupware, and content/document management, then exploding into social media and enterprise social networks, and then finally re-emerging downstream and smaller scale, first as enterprise instant messaging and now team chat, like Slack or Microsoft Teams.

However, one of the most serious and long-standing criticisms of the often less than transformative impact of systems of engagement -- which were supposed to literally revolutionize how we function as enterprises --  is that they were too often put off to the side of the actual work and unconnected from core applications. The systems of record then took the resulting data describing the outcome of a collaborative activity and thus the credit, even though much of the actual work was carried out -- in fact most of it -- in the systems of engagement.

This is not a new realization, and we've been discussing ad nauseum in the industry for years that most collaboration and communications tool were too generic and disconnected to get into the specifics of our work and business data, despite that they're being general purpose is what make it possible to use them in the largest number of situations. Instead, there was an artificial gap between the structured world of systems of record and these potentially highly useful collaborative systems. But try as we might to resolve over the years, we ultimately could not contextually connect the whole picture together into a single source of truth or place to work.

Now a major new category of collaboration software is actually making substantial progress in enabling a more integrated and connected collaboration ecosystem, one with more profound impact. This is accomplished by situating lightweight structure and business process templates around coordination systems that rapidly gets us working together on the details of important business process, while keeping all (or at least many) of the dots connected in underlying systems.

Known as Work Coordination Platforms, or occasionally Work Management Sofware, this category of digital workplace application has steadily grown as it has become more effective at connecting the people, application, and data silos of our organizations into a more coordinated work model. Constellation has been tracking the category closely in recent years, and we now observe an inflection point in growth and maturity, as leading players like Smartsheet have gone on to become full blown industry unicorns with successful debuts on the stock market and several of the players have become unicorns (Silicon Valley-speak for reaching billion dollar valuations.)

Work Coordination Now a Top Level Digital Workplace Category

The result is that I have determined that the category has moved from a powerful niche that some departments will use (typically marketing, operations, or project management), to one that has general applicabilty for most workers. The heart of a business is teamwork, and we've either had too focused and specific vertical or industry solutions to help us, or far too generic and broad communication and collaboration tools to aid our work.

What work coordination tools have gotten right at last is coming in at the right level of complexity, while riding on a revolution in composability, customizability, and easy integrations that make Work Coordination Platforms an example of what I call a true digital workplace hub, albeit not always the primary center of gravity that I've been talking about for a while now.

Who then are the top vendors in the space? What's happening with them and how do they break down? This brings us to my just-released new ShortList of the top nine Work Coordination Platforms:

As we considerably expand coverage of this space throughout 2020, here is a recap of the latest developments with each of these companies, to get a sense of how the Work Coordination Platform segment is evolving and maturing today:

Billed as part spreadsheet and part database, one of the most compelling aspects of Airtable is its ability to organize a cumbersome list of to-dos in different ways for specific uses or for the way individual members of the team work best. Now a unicorn in its own right, the product has seen steady evolution including ever more improved integrated digital workplace apps like Google Drive, Dropbox, Box, and OneDrive. The mobile app is frequently updated and is one of the stand-out features of the platform. Customers use Airtable for everything from career devleopment tracking to UPC scanning for retail scenarios and editorial planning.

Aimed at more robust, process-centric work coodination in the enterprise, Asana has been making inroads at the high end of the market. A third member of the unicorn ranks of the segment (and considering a direct listing like Slack instead of an IPO), the firm has lately added features that help with the automation of rote tasks including a new rules builder to avoid reptitive tasks, as well as voice transcription to speed information input. Smart project templates are also a new addition that builds on top of Asana’s robust templates library. When using a template, like an event plan or campaign launch, a complete work schedule will be instantly layered on. When a conflict arises between tasks, Asana will now automatically resolve the issues. This helps teams to spend less time managing projects and processes and more time getting work done.

Podio focuses on task management with content, conversations, and processes structured and together into a single tool. Its highly-rated mobile app gets excellent marks and is updated fairly regularly. Notable features including automated workflows, data visualization, connected CRM, and project management. One of the platform's notable features is it very level of uptime and strong security, designed to appeal to customers where those needs are paramount.

More of a team-based tool as part of Office 365, Microsoft Planner has nevertheless grown in popularity as it has evolved and added features. It provides collaboration around tasks and visual mapping of them into buckets. Charting features were recently added to the popular mobile app for the service, which is routinely updated. New prioritization and content integration features round out recent additions.

Designed expressly for managing  your projects, workflows, and everyday work, Monday.com bills itself as a "Work OS." The company offers work templates for a variety of use cases and business functions. It also offers a robust and growing set of application integrations that connect various work systems together. One of the more recent additions is a new beta program that lets you build your custom widgets, workflows, integrations, and apps right on top of the Monday.com service. The mobile app is very frequently updated and adds important new features regularly.

One of the most extensive and enteprise-grade work coordination offerings, Smartsheet has a dedicated fan base and an excellent set of case studies. Using the spreadsheet as the model, the company rapidly evolves the product and most recently has incorporated new navigation experiences, new integrations such as with Microsoft Teams, contextual conversations, accelerators for GDPR, powerful new formula features, and much more. The mobile app is the most highly rated of its competitors and is regularly updated.

More consumer-focused than some of the others on this list, Trello is well-known for its boards, lists, and cards that enable users to organize and prioritize projects in a flexible and visual manner. The product offers a robust set of templates, and it has a mobile app that routinely offers significant new features including document scanning, bulk item creation, new board organization features, and a continuous stream of improved usability features.

Taking the integrated digital workplace concept to heart, Workfront advertises that it is "the one place for all enterprise work." Users can automate workflows across teams and departments, integrate their applications into one place, and streamline activities like digital asset management. The mobile application is update regularly and has received a recent complete overhaul that includes special features for the iPad as well as the addition of custom conditions.

Aimed specfically at enhancing enterprise-wide productivity, improving team collaboration, and focusing work with a more integrated workspace, Wrike addresses most of the top organization functions and industry verticals such marketing, creative, and operations teams, professional services, and project management, among others. Wrike also has over 400 application integrations, make it leading class in this vital feature category. These integrations make it easy to bring in information from systems of record and organize processes and projects around up-to-date data.  The mobile app receives regularly updates and has added features like customized navigation, new dashboards, and project widgets.

A Deeper Story Coming Soon

To help enterprises select the right Work Coordination Platform for their needs, I am developing a comprehensive new market overview with key features and differentiations that will be published in the second quarter of 2020. It will delve into the complex but powerful new features, templates, integrations, and use cases of this important new digital workplace category with an eye towards each platform's strengths and value proposition. Please contact me if you believe you have a Work Coordination Platform that should be included.

Additional Reading

2020 Predictions for the Future of Work

RPA Evolves into End-to-End Intelligent Automation

Creating the Modern Digital Workplace and Employee Experience

Transforming the Abilities of Workers with Online Learning Platforms

Transforming the Abilities of Workers with Online Learning Platforms: An Update on Coursera

Dion Hinchcliffe

Vice President and Principal Analyst
Constellation Research

Title: About Dion Hinchcliffe Dion Hinchcliffe is an internationally recognized business strategist, bestselling author, enterprise architect, industry analyst, and noted keynote speaker. He is widely regarded as one of the most influential figures in digital strategy, the future of work, and enterprise IT. He works with the leadership teams of large enterprises as well as software vendors to raise the bar for the art-of-the-possible in their digital capabilities. He is currently Vice President and Principal Analyst at Constellation Research. Dion is also currently an executive fellow at the Tuck School of Business Center for Digital Strategies. He is a globally recognized industry expert on the topics of digital transformation, digital workplace, enterprise collaboration, API…...

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It wasn't that long ago that the Learning and Development department of a Human Resources group had a paper course guide that one could order through interoffice mail. This guide was matched nicely with a set of physical classrooms and slowly changing learning content provided at facilities around the organization. Onboarding and keeping up to date with one's career skills was fairly straightforward

For better or worse (and fortunately, it mostly seems the former), those days have completely disappeared in the face of a near-total revolution in learning technologies. Driven by rapidly changing digital capabilities, a faster, more complex pace of business, and the rise of the Internet, we are witnessing the emergence of potent new models for learning that seem to either work better, can fit more easily into workers' lives, or are much cheaper. Or all three. Online learning platforms, adaptive learning, peer-based learning, MOOCs, and other advances are now all the rage in corporate learning circles, matched by new consumer-style learning solutions that look a great deal more more like Netflix or YouTube than a traditional LMS.

While creating a beta version of my new Astrochart on Digital Learning Trends (see below), I am amazed at the innovation and energy in the space. And the economics: Digital learning is a huge global business today, on track to be a $139 billion industry by 2023, with a 29% annual growth rate, faster than the not all that much bigger cloud industry itself. In short, digital learning in its numerous present forms is currently a very in-demand resource for both individuals and enterprises to help prepare hundreds of millions of people to enter and stay in the modern tech-centric workforce today. 

Coursera's Multi-Product Offering Fits Into a Number of Categories on the Digital Learning Trends Astrochart

Like so many other industries touched by technology, digital learning is very much disrupting the old industries of education (universities, business schools, and traditional corporate learning and development, to name just three), while creating whole new ones. To further add to the confusion to education departments and L&D teams seeking to modernize what they offer to employees or the general public, is that the terminology in the space is quickly evolving and/or shifting, as well as overlapping and duplicative in many cases. For example, the difference between a learning management system (LMS) and an online learning platform (OLP), forming the main core of the digital learning experience today for many learners at businesses just isn't that clear today. One is perhaps more aimed at educators and older learning models while the other is arguably more aimed at the student experience and uses newer models of learning. Yet there is litlte consensus on what to call these so-called next-generation LMS systems.

The educational challenge in organizations today is very real and truly profound: Today's skills have the shortest lifespan of any time period in human history. Educational needs have increasingly become situational and just-in-time. Sometimes a skill might need to be acquired and used only over a matter of months, then a new replacement skill comes along, especially in the tech industry. Continuous learning has thus become a matter of top importance to workers and businesses, far beyond a nice-to-have. The bevy of new learning tools, techniques, and technologies that exists now -- with more emerging all the time -- make it a very exciting time, as well as a challenging one, to navigate in order to provide an effective and sustainable enterprise learning program that will meet stakeholder needs. Fortunately, as we'll see, more a strategic sensibility -- with matching capabilities -- is appearing in today's digital learning platforms to meet modern needs.

Related Reading: My 2020 Predictions for the Future Of Work

A Snapshot of Coursera: A Pioneering Leader in Digital Learning

I recently had a chance to get an update on one of the top online learning platforms in the industry today, Coursera. The company was founded in 2012 by Stanford professors Andrew Ng and Daphne Koller as a massively open online courses (MOOCs), and has since evolved to offer a sophisticated multi-product learning system that provides online instruction, certificates, applied learning, and degrees backed by assessments that verify what a student has achieved.

As of 2020, the company has 47 million registered learners, 200 university and industry partners, and over 2,200 entities using its Coursera for Business, Coursera for Government, and Coursera for Campus offerings. These last three are relatively new however, and launched in 2016,  2017, and 2019 respectively, demonstrating a steady and sustained rate of growth and product innovation.

The company offers a variety of business models, which range from its original fee-based model for completion certificates, a subscription model that lets learners use as much as they want, to more costly master's degrees. Coursera offers its products at a wide range of prices. There are thousands of courses that are free to audit, as well as so-called "Signature Tracks” that cost up to $100. Coursera's Specializations, which are a series of courses on a specific topic like data science (the single most popular category of Coursera specializations, by the way), typically range from $39 to $89 in the form of a monthly subscription. The company's more traditional online degree programs range from $15,000 to $30,000, while its Coursera for Business has a standard price of $400 per employee per year, although these are likely starting points for negotiation with larger customers.

Coursera is proud of its connection to top traditional educators like Duke University and Yale, as well the cutting-edge addition of what it calls applied learning, basically hands-on education, with its Coursera Labs and Rhyme projects.  While education has always tended to be data-driven, Coursera is also driving differentiation and network effects by wielding the insights that it's gathering from its 47 million learners, who can take over 240,000 different assessments, providing a rich tapesty of learning data that the company can turn into useful insights for individual learners, corporate customers, and its own product development. Coursera is a full digital platform intended as a modern answer to what organizations need today to develop, measure, and track skills. It has centralized learning program management capabilities like you would expect from a more-traditional LMS. It also has student progress tracking and analysis, as well as integrations back into three other types of associated systems: LMS platforms, the emerging category of learning experience platforms (LXPs), and HRIS systems, to build bridges to other parts of the organization that also manage or track learning.

The Coursera course catalog spans over 1,000 business courses, 700 technology courses, 380 data science courses, and hundreds more in health, social sciences, art, and the humanities, totaling over 3,700 courses covering 70,000 lessons and growing. While many of the company's competitors offer the equivalent of specializations or courses, Coursera also offers MasterTrack Certificates, Professional Certificates, degrees, as well as something called projects, which are learning courses specifically focused on end-to-end, outcome-based activities like building a new business or developing a finished software application. When compined with its applied learning offerings, Coursera offers numerous formats and several key modalities of education that will please most learning and development departments, excepting those looking for the most cutting-edge education technologies.

Perhaps one of the most intriguing capabilities of the Coursera platform is its Skills Graph, an aggregate data model of its courses plus its tens of millions of learners, its taught skills universe, millions of annual question attempts, and 7,000 participating companies. It's a mineable graph database (which are all the rage lately) to which Coursera applies a set of machine learning algorithms that they use to identify key skill trends and gaps in learner ability, as well as tailored, company-specific benchmarks to help the latter understand the current state of learning in their organization. Given the richness of this data and taking the size and longevity of the company compared to many competititors, I believe the Skills Graph is a vital strategic differentiator that can help companies analyze and understand the totality of their learning status across the workforce, then take proper advantage of the available opportunities. In other words, companies looking to maximize the potential of their workers can use the Skills Graph to build highly tailored, yet mass-customized learning programs that fit their workforce like a custom-made glove. These insights have real industry credibility and are being used today by numerous organizations, from the World Economic Forum to the MIT Technology Review.

Rounding out the firm's newer offerings are Coursera Academies in a number of popular subjects, with their Data Science Academy, which launched last year, leading the pack. This academy is designed to help organizations develop the ability of individuals to fill out important roles on a data science team (including data scientist, AI/ML engineer, data engineer, and data analyst), the academy starts with a basic foundational course called Data Literacy for Everyone. It then devles into specific functions and roles, from hands-on analysis to data-driven leadership for managers and executives. Academies are directed learning programs aimed at creating practical, functioning abilities and capable teams based on new skills, and then keep them skilled. Given the tremendous shortage of data scientists today, many organizations are being forced to develop their own in-house talent. Bottom line: Coursera's Academy is a more advanced model that is aimed directly at filling the talent gap in critical new skills in an enterprise-class way using existing staff, structured in a more sophisticated and effective way that's intended to address the inevitable doubters.

What's Next for Coursera and Digital Learning?

In a relentlessly crowded field that is getting harder to differentiate in, Coursera has a number of strong advantages going for it. First and foremost, Coursera stands out for its size (both in learners and content), maturity, and depth. It's also becoming authoritative enough that companies like Baidu are increasingly using Coursera's assessments as a definitive proof point when it comes to recruiting talent. The company is evolving its products to address the topical needs of the day for businesses (creating dynamically skilled employees that are kept current effeciently), while building a long-term data-based advantage with its Skills Graph that will be very hard to match for most other competitors.

As long as the company can maintain their topical appeal and keep its vast dataset fresh, it will be able to maintain its status in the industry as well as its price points, as one of the few "go to" online learning platforms in the industry. In an era of easy, informal, essentially free learning content that saturates the Web, Coursera has carved out and continues to maintain a leadership niche in that most important of traits in a pure digital educational institution, that of proven prestige and authority.

The challenge will ultimately be in navigating the rapidly innovating industry of educational technology as well as commoditization. If a new disruptive competitor discovers more effective ways to deliver learning, or the closes in with the same quality of offerings, but at a commodity price point, then it may be challenging for the company, especially as competitors like LinkedIn Learning and Udacity attempt to close the gap. It was impressive to see their latest progress however, and I do believe they will keep up the pace of innovation enough to ward off most competitors for the foreseeable future.

Additional Reading

How the Gig Economy is Transforming Work in the Enterprise

Creating the Modern Digital Workplace and Employee Experience

The Digital Transformation of Learning

Read all of my Future Of Work Tweets