Our purpose at EY is powerful: Building a better working world. This purpose is what runs through my mind when I get up in the morning. And I love talking to our people about what EY’s purpose means to me, and what EY is doing every day to put action behind our purpose.
We have long used data to improve our buildings’ performance and to inform building planning and operations. Building automation systems have replaced the manual operation of most large commercial buildings and energy models using data from existing buildings have been instrumental in informing energy codes and retrofit practices. Nevertheless, there’s still a lot to learn. Declining costs for metering systems, new automation capabilities and the advent of cloud computing are creating enormous opportunities that we haven’t fully captured.
ngratulations! You and your team have come up with a bold new product idea and it has been approved by top management. Go ahead and celebrate with a glass of champagne, but then you need to get back to innovating or your competitors will quickly overtake you.
Here are some of the things you need to think about from the moment your product idea is approved.
Time and again, Tesla continues to prove it’s a company that dares to imagine the unimaginable. From electric cars to autonomous vehicles and now -- thanks to its recent acquisition of SolarCity -- solar energy, Tesla has challenged conventional thinking at every step and produced products that once seemed impossible.
Popular science author Steven Johnson once said, “If you look at history, innovation doesn't come just from giving people incentives; it comes from creating environments where their ideas can connect.”
Many business leaders tell me that one of their top priorities is increasing the quality and speed of their organizational innovation. Faster and better is now being applied to innovation just as it has been applied for decades to operational excellence. This need is being driven by faster paces of change, more complexity, connectivity, transparency, reduced barriers to entry and by exponentially advancing technology.
Responsive business leaders can no longer ignore the human element of disruption as they seek to navigate into the future. Humans have disrupted in a way that responsive business leaders cannot ignore as they seek to navigate the future
The New York Times today released a 35-page internal report, “Journalism that stands apart,” as a follow up to its widely read 2014 Innovation Report. The Innovation Report was a blistering take on the Times’ digital shortcomings. The new report is the result of a year-long project by seven journalists led by David Leonhardt called the 2020 Group, which grew out of the Times’ stated goal of doubling digital revenue by 2020. The overarching take: Progress has been made, but much more has to be done.
When we think of a successful brand, company or organization, we can all agree the ones deemed successful are those that have done something new, exciting or revolutionary. They are the businesses that stand out from the rest. But with new and on-trend products or services created in seconds, this is not a simple task.
The fourth industrial revolution is almost here, but is a world still largely shaped by the Victorian era ready for it?
In the last 150 years the UK has lived through three industrial revolutions. The first, and by far the most famous, between 1760 and 1840, was unprecedented in the way it influenced a way of life that remained largely unchanged since medieval times. The second industrial revolution involved the widespread introduction of steel to the UK, early electrification of factories and the introduction of mass production and the production line. The third (or digital) revolution took place towards the latter half of the twentieth century, and saw industry make the switch from mechanical and analogue electronic technology, to digital electronics.
In the rapidly accelerating race for auto alternatives in major cities across the globe, one promising solution has emerged from French yachtsman Alain Thébault and Swedish windsurfer Anders Bringdal: the "flying" water taxi. The transport system, consisting of futuristic black-and-white SeaBubbles, was first unveiled in late 2016 and will undergo testing in Paris later this year.
This year, "disruption" has been everywhere. We all want to be like Uber or Airbnb. Dollar Shave Club just sold for $1 billion. Alexa is the talk of CES. AI is about to change everything. Who doesn't want innovation? And yet, while not many people know what "innovation" is, fewer still know how to do it.
With the appointment of Arthur Sinodinos as minister for industry, innovation and science in the cabinet reshuffle, Australia can look forward to more government promotion of innovation and entrepreneurialism.
The populations of almost all Western countries are getting older, as the Baby Boomers, born in the 1950s and 1960s, live longer and have fewer children than previous generations. Population aging of this dimension is possibly unique in world history. No surprise, then, that it poses serious challenges for the health care systems, pension schemes, and public debt management of modern societies.
In an exclusive interview, Microsoft's president and chief legal officer Brad Smith outlines why cloud computing is the future and offers predictions on how the technology landscape will look in the next 15 years
Ahead of her presentation at the Big Data Innovation Summit in Singapore on March 1 & 2, we spoke to Miao Song CIO, ASPAC at Johnson & Johnson.
Miao has more than 20 years of experience working in the IT industry, spanning different areas of expertise including IT operations, application development, strategic planning, IT management and governance. She has international experience from working in different locations in China, Switzerland, the Netherlands and Singapore, taking on local, regional and global senior IT management roles.
Tech companies, like Amazon, are revolutionizing the way you shop and Intel is joining the club. The chipmaker is launching its Responsive Retail Platform (RRP), a set of technologies that will change retail shopping, Intel announced Monday.
Brussels, January 17, 2017 – EY Belgium today announced the acquisition of CogniStreamer, a Belgian company specializing in guiding collaborative innovation paths. This acquisition marks a further step for EY Belgium in the development of its offer of specialist consultancy services and enhances its expertise with regard to disruption and innovation.
Innovation remains a key focus and stated priority for many organizations, and for good reason. The world is enamored with Uber, Airbnb, and other disruptive company success stories. For leadership, it creates both a desire to create their own equally disruptive offerings and a fear of becoming obsolete. But with disruption leading the conversations around innovation, have we lost sight of the value of continuous improvement? Research indicates that much of the time, it’s these small, incremental changes that yield much better results.
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