The initial launch of tech-infused fashion was met with sneers and scepticism. Since the fashion and tech worlds have hardly ever collided before, it seems at first a marriage of opposites. These devices were expensive and in some cases, inaccurate. That’s changed. Today, smart clothes and wearable tech have been featured at New York’s Fashion Week as well as shows by Rebecca Minkoff and Tory Burch, among others.
“Innovative” tops the list of attitudes today’s companies say define their top performers. But one of the biggest problems in hiring for innovation (and other similarly abstract concepts) is that every company defines innovation a bit differently. Your definition of innovation may include taking big risks, or maybe it involves building support for your big ideas. You may focus on the ideational parts of innovation while other companies are concerned with the implementation.
For example, think about the salary cost (and associated risk) of having thirty people (many of them senior leaders) coming together for a day-long innovation strategy workshop without taking advantage of all the inputs we can. We think lowering risks in these situations ALL THE TIME.
A challenging economic environment, rapidly changing customer preferences and a strong competitive pressure: those are the factors forcing companies to embed innovation in their DNA. CogniStreamer helps them facilitating this process with a collaborative innovation software platform and innovation services.
As an agrifood industry supply chain and manufacturing operations expert and consultant, I visit, consult and support many companies. I see that many company owners want to develop and launch new food and drink products to the Turkish and global markets. Of course, this is an excellent way.
Financial technology groups from more than 20 cities across the world plan to form a federation of ‘fintech’ hubs this year in what would be the first attempt to coordinate and globalize web-based innovation transforming the financial industry.
When I left my high-paying job at a successful private equity firm in San Francisco, I broke "the rules." For the first time in my life, I felt free but also very afraid. It’s every financial professional’s dream to become a partner at a private equity firm where the compensation can amount to tens of millions in a lifetime. But me? I left the partner track to move to Tulsa. No, that's not a typo. My fifth generation Native American roots were still there in my hometown where my parents had raised me 20 years before.
More and more big firms are bringing young talent in-house in the hope that they will bring fresh ideas along with them and infuse new vigor into their companies. German pharma giant Bayer is also following this trend.
Dov Seidman is the chief executive of LRN, a company that helps corporations develop values-based cultures and leadership, and strengthen their ethics and compliance efforts. He is also the author of HOW: Why HOW We Do Anything Means Everything.
We all knew this was coming, and we also know that this is just the start. Artificial intelligence will never stop evolving as the computing power increases with decreasing costs to apply it. Driverless cars are already a thing of the near future, and I think they are the right way to take civilisation ahead in many ways. Robots racing instead of humans though, sounds like a complete anti-petrolhead suggestion. But is it really?
When Steve Jobs was trying to lure John Sculley to be Apple’s CEO in the early 1980’s, he asked him, “Do you want to sell sugar water for the rest of your life, or do you want to come with me and change the world?” Sculley would achieve little at Apple, but Jobs would later make it the most valuable company on the planet.
We’ve all heard the statistic: 90 percent of startups will fail. And a big reason why is that they don’t recognize and realize the need to change — whether that’s a partial or a complete transformation. The power of the pivot can make the difference between a company being in that 90 percent or in the 10 percent that succeed.
Each year INSEAD team up with the World Intellectual Property Organisation (WIPO) and Cornell University to produce an innovation league table for the countries of the world. It’s designed to rank the infrastructure and support environment for innovation around the world.
De wereldbevolking stijgt, de voedselproductie volgt niet en jongeren hebben amper interesse in het boerenleven. Experts doen een oproep om via innovatieve technologie jongeren warm te maken voor het beroep van landbouwer.
The web today is far more than a network or platform - it’s also our collective canvas. A global public canvas is an exceptional thing. It spurs innovation and creativity. It unlocks opportunity, empowers educators and fuels economies. In the 21st century, we should have laws that enshrine the power of the web.
The age of innovation is here. Both behind the scenes and at the consumer level, footwear firms are angling to become better technology-design companies. And why shouldn’t they? Abundant consumer data has aided curation and customization to make firms more powerful than ever before.
Over the last decade or so startup accelerators have been a great source of inspiration, education, connections and capital for new companies. Y-Combinator, the granddaddy of them all started on March 11, 2005. Since then, just this one accelerator has churned out over a thousand new companies
You are walking down a forest path. The tree canopy is so thick, the sun barely dapples through. It’s early morning and the dampness of the morning dew is all around you. The morning fog hasn’t fully burned off and it casts the path ahead in a swirling mist. To the right of the path, you notice an opening. It appears to be the mouth of a cave in the hillside. Feeling adventurous this morning, you decide to enter it.
The UBM Game Network, producer of the Virtual Reality Developers Conference (VRDC), today released the first-ever VRDC VR/AR Innovation Report, compiled of responses from professionals involved in the development of virtual and augmented reality.
The quest for perfection might be Dyson’s biggest strength and his greatest weakness. iRobot IRBT +0.63% beat Dyson to market by 14 years, introducing the first robotic vacuum cleaner in 2002. Last year iRobot sold about 2 million of them, according to Euromonitor, for between $375 and $900.
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