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How construction will be transformed by 5G

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Business Transformation SmartBrief
How construction will be transformed by 5G | Coca-Cola CEO: Agility, discipline produce results | CenturyLink transforms part of business into Lumen
Created for |  Web Version
September 16, 2020
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Construction crane operators who now precariously occupy lofty cabins to run their machines may soon be able to function in safety and comfort far removed from the work site. It is one example of how 5G technology with crisp, no-lag data transmission will transform construction over the next 10 years.
Full Story: Daily Commercial News (Ontario) (9/14) 
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Change Management That Works
Coca-Cola has learned that pairing agility with discipline improves a new product's chance of success, said CEO James Quincey. Agility helps drive consumercentric innovation, but without discipline "it is at the risk of being all churn and adding no total momentum to the business," he added.
Full Story: BeverageDaily (France) (9/15) 
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CenturyLink split its wholesale and enterprise businesses into a new brand, Lumen Technologies, while retaining its original name for services delivered over its traditional small business and residential networks. The company also created a new brand within Lumen, Quantum Fiber, that will provide fiber-based products and services to small business and residential users over Lumen's fiber-to-the-home network.
Full Story: FierceTelecom (9/14),  Telecompetitor (9/14) 
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People - Planet - Profitability
Arthur Blank, co-founder of Home Depot, recognizes the growing significance of purpose for corporations, although he acknowledges that successful businesses will never stop focusing on profitability. "If you don't care about people, profit and the planet at the same time, profitability by itself isn't really enough," he says.
Full Story: CNBC (9/14) 
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Going Digital
Protolabs experienced revenue decline at the beginning of the pandemic but has found that its digital-first approach to advanced manufacturing is suited to industry changes, including the sudden need for ventilators, says CEO Vicki Holt. "The coronavirus is teaching many manufacturers they need to change because going digital and using digital data can replace a lot of inefficient processes," she says.
Full Story: Digital Commerce 360 (9/11) 
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Walmart+ has the attention of digital shoppers
(Nicholas Kamm/Getty Images)
Walmart's new yearly membership program, Walmart+, is generating significant interest among dedicated digital customers, with almost half of those who shop online at least once a week saying they are likely to sign up for the service, a new poll shows. "The big takeaway is that quite a few consumers may be interested in another program like Amazon Prime," said Lauren Freedman of Digital Commerce 360, which conducted the survey.
Full Story: Supermarket News (free registration) (9/14) 
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