Research or create an example of how a company has used a data strategy to create competitive edge.
Learning Activity #1
If you haven’t seen the movie Other People’s Money, the movie tracks the history of a local company that makes wire cable. It is a family business that has been the mainstay of the town for years. Danny Devito is an investment broker who has decided to take over the company while its stock is valuable.
The movie depicts a discussion that ensues and the battle over how to keep the company alive. The clip above highlights the battle and explains the problem with failing to innovate.
Watch the two movie clips located below and decide if the leader of New England Wire and Cable is doing the right thing for his stockholders. Would you advise a leader for today to take the same position taken in the clips? If so why? If not why not? Explain in detail. Support your answer using the course material.
Other People’s Money: Owners Speech to Convince Stockholders to Not Vote for Sale
Other People’s Money: Disruptive Technology
Learning Activity #2
Research or create an example of how a company has used a data strategy to create competitive edge. Discuss thoroughly using the course material and your research.