Simin Qiu, the creator and designer of this concept designed the faucet such that it passes water via a double turbine .The latter rotates as the water courses through it thus bring about a lattice of elaborate and beautiful jets of water. Less water is used to form this intricate swirls, in fact it reduces the flow of water by 15%.This means that less water is utilized at any point in time, thus saving you water. Three nozzles are available all creating different water swirl patterns. The Design concept award in 2014 was awarded to Qiu for this concept. In order to retain the sleek and elegant design, the operation of this faucet is carried out with a simple touch button at the top.
The popularity of social media sites and the ease at which its data is available means these platforms are increasingly becoming primary sources for social research. Wasim Ahmedpresents a quick look at some of the tools available to social scientists for analysing social media data and also reflects on the limitations of the platforms and the methods used for this type of research.
I have a social media research blog where I find and write about tools that can be used to capture and analyse data from social media platforms. My PhD looks at Twitter data for health, such as the Ebola outbreak in West Africa. I am increasingly asked why I am looking at Twitter, and what tools and methods there are of capturing and analysing data from other platforms such as Facebook, or even less traditional platforms such as Amazon book reviews.
Creative products are novel and useful; Innovative products are novel, useful, and successful. Beforehand, it’s impossible to know if something will be successful, but if it’s useful there’s a chance it could be...
Startups' biggest challenge is designing a Minimum Viable Product (MVP) and using it to prove that a niche with paying customers can be profitably acquired. Seemingly, the more innovative the product is, the harder the initial early adopters are to...
Rowan Norrie's insight:
Useful tips for that difficult task of designing the MVP
In economic debates, it is about as close to a mantra as you can get: Innovation is good, and faster innovation is even better. You can never have too much of it. The World Bank, in a recent report, bemoaned what it called Europe’s “innovation deficit” and questioned whether Europe had “fundamental flaws in its economic environment”...
Rowan Norrie's insight:
Intersting arguments about when a country or company shoudl invest in innovation and be a leader and whenit is more prudent to hang back and be a follower.
We're in the midst of a transformation in how businesses are organized. Typical corporate hierarchies are starting to look overrated, and changes in coordination technology have the power to make work and innovation even more democratic.
Over the years, Goldstein has learned some important lessons about how to create an environment where innovation thrives. Here are seven essentials.
Be A Sponge
Innovators are intellectually curious and thrive on absorbing new information that may help their ideas. The I-lab holds regular programming and has a mentoring program to help innovators learn as much as they want to learn. Even if you don’t have the benefit of the I-lab, continually seeking out the information you need and people who can teach you essential skills and information is an important part of being innovative, she says.
Frugal innovation is associated with resource-constrained and low-income emerging economies such as those of Africa, India, and China, but we have recently seen the rise of frugal innovation efforts in developed nations including the U.S. and in Europe. These are not primarily cost-cutting measures, a response to financial constraint or a tepid economy. Rather, across the developed world, companies are beginning to use frugal innovation as a growth strategy. They are introducing a larger lineup of new products and services, often with greater economic and social value, at a much lower cost and using fewer natural and financial resources. Their goal is not to create cheap offerings. They want to create more effective offerings that draw people in with their simplicity, while also cutting down on the use of various resources.
It turns out that the four key attributes of frugal innovation — affordability, simplicity, quality, and sustainability — are exactly the qualities that customers in mature markets want most. This makes frugal innovation a viable growth strategy for companies expanding in those markets, not just in emerging economies.
Today, innovation is central to advanced and emerging economies alike; in many OECD countries, firms invest as much in the knowledge-based assets that drive innovation, such as software, databases, research and development, firm-specific skills and organisational capital, as they do in physical capital, such as machinery, equipment or buildings.
If you take a step back and look at the topline trends, the main focus of these innovation centers is also examining the deeper understanding of customer needs [35%]. That’s wonderful as people should always come first. It also seems to me that these innovation centers have things backwards. It should never be technology first. Without knowing the expectations, behaviors and values of digital customers, innovative technology is left without purpose. And, without purpose, technology is merely a means without an end. I learned this time and time again in my work in studying digital transformation. .
Rowan Norrie's insight:
Time to think like an entrepreneur and focus on customer
Growth is on the top of the management agenda as shareholders simply demand return on invested capital and current business is not delivering it. So what is the best route companies can take to achieve it? How can companies create and accelerate growth? To succeed companies must possess the capabilities and take a systematic approach to go beyond their core business.
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