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Innovation requires an openness to trying something new. But what if you grow up in a world where you are educated to get the best exam score rather than to think broadly about a problem and debate possible solutions? And what if, in addition, your culture teaches you to learn by listening and accepting, rather than by asking questions? How do you learn to innovate if you are risk averse, and you can’t get the input you need to know how you are really doing?
What do dental chews for pets, adult incontinence undergarments and sweetened light beer have in common? On the surface, absolutely nothing. But in fact, each of these product categories has featured breakthrough products in recent years driven by innovators who discovered and solved a clear consumer “job to be done.”
If 2017 was the year that tech became a lightning rod for dissatisfaction over everything from the last U.S. presidential election to the possibility of a smartphone-driven dystopia, 2018 already looks to be that much worse.
The traditional job market in India is changing, allowing for greater autonomy and flexibility
One route to help the cause of science is to provide more funds for small-scale research projects
It is 2018, and it arguably never has been a more difficult, unpredictable, yet exciting time to run an international business. No doubt overcoming the Great Depression ahead of the outbreak of World War II in the 1930s was more than a little trying, of course. But fast forward 80 to 90 years and the global economy is an ever more complex and fast-evolving place, exposed to a widening variety of risks and shocks — a fact only underlined by last week's stock market volatility.
What do dental chews for pets, adult incontinence undergarments and sweetened light beer have in common? On the surface, absolutely nothing. But in fact, each of these product categories has featured breakthrough products in recent years driven by innovators who discovered and solved a clear consumer “job to be done.”
Elon Musk may be worth the $56 billion payout he is asking for to lead Tesla into the future, or maybe not. Time will tell. But one thing is clear: No other business leader has yet captured quite so dramatically the exponential growth opportunities awaiting those who work out how to solve the future’s most-pressing challenges.
One of the biggest misconceptions about the field of data science is that it’s all about the numbers. But, as anybody in our business will attest, statistics and spreadsheets don’t mean a whole lot if you don’t also understand the people, the problems, and the promise they represent.
What happens when marketing, advertising, and design come together to challenge the status quo
Eric Ries is an entrepreneur, the bestselling author of The Startup Way and The Lean Startup, and the creator of the Lean Startup methodology, a global movement in business practiced by individuals and companies around the world. Ranked one of the world’s most influential management thinkers by Thinkers 50, Morten Hansen is a management professor at University of California, Berkeley and the bestselling author of Collaboration and Great at Work. The two recently sat down to discuss how people and businesses can deal with uncertainty, work more efficiently and dedicate the time to think like an entrepreneur.
Digital solutions pose new and unique challenges to the implementation of major change efforts. But the capabilities that support better outcomes remain as critical as ever, a new survey shows.
Enterprises in a variety of industries confront a longstanding challenge of integrating disparate and discrete functional and operational silos. Finance departments struggle to share data with sales and marketing. Processes related to order fulfillment don’t properly link up with inventory systems. The issue is particularly onerous for businesses seeking to leverage data analytics to enhance the customer experience. How, for example, can a restaurant easily access a diner’s past orders to offer special menu items?
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The notion of 'disruption' featured heavily at the Learning Technologies conference 2018 in London. Yet the exhibition felt as safe as ever. If 'disruption' is what will create the biggest leaps in learning, are we really ready to embrace this and where will it come from?
Digital transformation gives organizations an opportunity to redefine and reinvent themselves. It is a time to take risks and pursue new opportunities, all of which are unlocked by unparalleled technological advances.
When Steve Jobs first came up with the idea for the iPod, it wasn't actually a machine he had in mind, but "a thousand songs in my pocket." It was, at the time, an impossible idea, because hard drives of that capacity and size just didn't exist. In fairly short order though, the technology caught up to the vision.
A cloud platform delivers the tools businesses need to develop, deploy and run applications without the cost and complexity of building and managing the necessary platform and infrastructure
There are a variety of forces impacting colleges and universities today: economic and demographic, financial and ideological. Even forces related to how higher education is “consumed”. In response to this fast changing environment, institutions in higher education are changing too.
Innovation requires an openness to trying something new. But what if you grow up in a world where you are educated to get the best exam score rather than to think broadly about a problem and debate possible solutions? And what if, in addition, your culture teaches you to learn by listening and accepting, rather than by asking questions? How do you learn to innovate if you are risk averse, and you can’t get the input you need to know how you are really doing?
Theories and practices of management often spring from the opportunities created by new technologies. Interchangeable parts spurred ideas about structuring assembly lines and logistics. The complex calculations of the field known as Operations Research were enabled by mainframe computing. Client-server technology begat enterprise resource planning systems, and the consequent system-wide visibility that was required for what we call business process management (BPM).
Do you still use Yahoo? Do you still remember MySpace? Compaq? Kodak? The cases of startups with superior ideas dethroning well-established incumbents are legion. This is the beauty of “creative destruction” – the term coined by innovation prophet Joseph Schumpeter almost a century ago. Incumbents have to keep innovating, lest they be overtaken by a new, more creative competitor. Arguably, at least in sectors shaped by technical change, entrepreneurial innovation has kept markets competitive far better than antitrust legislation ever could. For decades, creative destruction ensured competitive markets and a constant stream of new innovation. But what if that is no longer the case?
Pawan Munjal, Chairman, Managing Director & Chief Executive Officer of Hero MotoCorp, writes that mobility as we know is set for a big leap, and that the era of ‘auto’-mobile is truly upon us.
Vertical integration is back, and will extend not only to the supply chain but to service companies as well.
While many headlines focus on how technology is disrupting marketing, there's another area that is being disrupted: Talent. Over the years, I've seen a growing exodus of digital-savvy talent moving from media agencies to technology companies. And now, I'm one of them.
Five startups will pitch their projects to BMW executives for the chance to work with the car manufacturer’s commercial divisions
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