Innovation is a hot topic. It’s in the news constantly. Businesses are trying to be innovators in order to recapture revenues lost during the downturn. Industries are pursuing innovation in order to remain credible, current and meaningful.
From Beijing to New York, London, Berlin, Tel Aviv and Bangalore, technology hubs around the world have drawn inspiration from Silicon Valley. While their number is growing, however, their model in many cases differs significantly from the original
With rapidly evolving technologies, many enterprise-level organizations find themselves behind their competition in the market. The traditional boundaries between industries are being blurred by new business models. Like Uber and Instagram, new business models are being powered by disruptive technologies such as cloud, mobile, social, and cognitive computing.
True disruptive innovation redefines entire industries. Many companies throw the phrase around a little too readily, adding a veneer of excitement to a product or experience they are currently marketing.
Clichés aren’t born as clichés. They come into the world as poetry, a new way of talking and thinking and seeing. The first person to say “kick the bucket” to mean “die,” for instance, was on to something big.
Scientists in Germany fired up a doughnut-shaped reactor to heat hydrogen to the point of becoming plasma, which lasted for just a split second. The successful “Wendelstein 7-X” stellarator experiment brings us one step closer to harnessing the power of nuclear fusion, a potential source of clean energy which works much like the center of the Sun.
Ideas in a hurry. A number of companies are tapping into the collective intelligence of their teams by providing time slots dedicated to innovation. By either setting up twenty four hour periods where everyone breaks into teams and focuses on new ideas, or by allowing everyone to spend a part of their time to “outside the box” thinking on a consistent basis, companies are encouraging employees to contribute new ideas.
In the 1990s, email ruled the world of digital communication. It was really the first form of digital social media and changed the way we worked and played. Email was an important driver in the creation of a connected world and the formation of what Clay Shirky calls the cognitive surplus. Email was the primary mechanism for implementing the modern flat organization structure.
The term disruptive innovation was popularized by Harvard professor Clayton Christensen in his 1997 book “The Innovator’s Dilemma.” Nearly 20 years later “Disrupt!” is a popular leadership mantra that is more frequently uttered than experienced.
Innovation thought leaders and industry experts emphatically harp that if you want to stay afloat (and ultimately thrive) in today's hyper-competitive business environment, innovation is not optional--it's absolutely imperative for survival and success. Your customers demand it; and if you can't innovate, your competitors will consistently outflank and outperform you. Sink or swim. Fly or fall. Produce or perish.
On July 21, 1969, Buzz Aldrin climbed gingerly out of Eagle, Apollo 11’s lunar module, and joined Neil Armstrong on the Sea of Tranquility. Looking up, he said, “Beautiful, beautiful, magnificent desolation.” They were alone; but their presence on the moon’s silent, gray surface was the culmination of a convulsive collective effort.
The academic, research, and business expertise of Harvard University continues to transform early stage ideas into groundbreaking companies that drive innovation, discover cures, and build the regional economy. We were tasked with creating a microsite within the active Harvard Community Connections website to showcase the impact Harvard has made over the last several years.
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