Each month, “Ammirati on Innovation” episodes will look at ways that the disruptive-startup mentality is spreading beyond young entrepreneurs to big established corporations. Serial entrepreneur, venture capitalist and Carnegie Mellon B-school professor Sean Ammirati, who sits at the intersection of these high-change dynamics, provides insight.
In this episode: Sean and I talk about spanning the gap between reopening businesses and reimagining the larger economy.
Sean says that we’re point where companies have made 80% of their investment in digital transformation. But they’ve only gotten about 20% of the value from that investment. The next big step is business model transformation: completely committing to digital-first models.
Speaking of transformation and reimagining chunks of the economy, we next turn to the Microsoft and FedEx partnership. Sean shares his thoughts on why Microsoft, and not archival Amazon, landed this immense and far-reaching deal.
As we wrap up, Sean says that we need to start looking at how we can take the situation we’re all in, and use it to make our companies better, stronger, and more vibrant. We owe it to our employees, our customers and our shareholders.
You can also stream this episode in audio-only format:
'Amazon's refusal to spin #AWS as a separate entity is a hundred percent the reason that you didn't write a story on #CloudWars about why AWS and FedEx aren't reinventing commerce.' Click To Tweet 'The challenge, ultimately, is not going to be reopening the economy. It's going to be reimagining the economy.' #CloudWars Click To Tweet 'A recession is a terrible thing to waste. We need to start looking at, how do we take this situation that we're all in and use it to make our companies better, stronger, better, and more vibrant on the other side of this.' #CloudWars Click To Tweet
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Stream more episodes of Ammirati on Innovation, via Cloud Wars Live.
Cloud Wars Live Digital All-Stars
Sean Ammirati is one of our regular Digital All-Stars appearing in monthly video podcasts. The conversations focus on the critical themes shaping (and re-shaping!) the business world in the digital age of 2020. Our intention is to provide regular chunks of timely ideas and insights about high-priority subjects from industry veterans with diverse backgrounds.