The Three Factors That Drive Consumer Behavior
As the adage goes, the only constant is change, and such is the case with consumer behavior. Thus, tracking trends, using business analytics to predict where the next trend may be, and acting accordingly with your marketing is a recipe for success.
Digital Tools and the Future of Remote Work
Until about four months ago, remote work was somewhat of a rarity, and, at very least, something most people were unfamiliar with. One of the few COVID-19 silver linings, however, was that many companies were forced to have their employees work remotely due to stay-at-home orders. This meant more time with families, less time in transit, and, for a lot, a surprising sense of comfort at "the workplace."
What Do Leading Innovators Do Differently
Every year, IdeaScale hosts the global Innovation Management Awards and honors winners in three different categories: engagement, process, and implementation. We see these categories as the cornerstones of any successful innovation program, so the winners this year actually excel at each of these things.
The Problem With Australian Innovation Programs: and Lessons for Other Countries (Part 2 in series)
Over the past few months I have been spending time with a range of Australian companies, getting to better understand their business models and approaches to innovation. While there is plenty of good news for Australian businesses and their innovation practices (see my previous article), there is a justified sense of concern around maintaining sustained, robust growth in the face of digital and exponential disruption.
The New Strategic Talent Imperative: Why HR Leaders Should Be Setting An Organization’s Innovation Agenda
The increased focus of mature organizations in developing a more innovative culture and set of actions is a crucial opportunity for HR / Talent leaders to play a leadership role. This whitepaper examines a range of actions that HR / Talent leaders can take to drive this strategic imperative.
How Have the World’s Biggest Entrepreneurs Made Their Money?
In the modern age, we're arguably more obsessed with wealth than ever before. This probably has much to do with the fact that it's becoming increasingly difficult to save in the current climate.
How the World of Esports is Taking Over Streaming Services
As competitive gaming raises in popularity, streaming services are being flooded by gamers. When the world's most iconic gaming tournaments go live, viewers from around the globe travel to arenas and tune into streaming services so they can watch their favorite gamers battle for eternal glory and riches.
Hey Interface, What’s New?! – Conversational Commerce: People, Problems and Pitfalls
Apple’s anticipated addition to the Smart Speaker conversation will be released on Friday. Much as been said about this speaker and the broader commerce implications resulting from the confluence of voice recognition and AI technology. A confluence dubbed as conversational commerce by Uber’s Chris Messina in a piece published on Medium in 2015.
Impact Assessment: The Innovation Paradigm Shift that is Coming
In the context of business management and economics, innovation has mainly been considered as a source of profit and growth. But innovation can also have a transformative role and recently more and more innovators and entrepreneurs are not only considering the financial returns of their projects, but also the societal impacts that they might bring with them.
Freedom to Fail, Freedom to Innovate
Everyone seems to agree that innovation is a risky business: it involves a lot of experimentation, which often ends up in failure. High tolerance for failure therefore can be considered as a major prerequisite for any successful innovation program.
How Big Data is Sure to Give Your Business a Competitive Edge
Just like oil became a valuable commodity in the 20th century, data is also proving to be priceless to companies and business organizations in the 21st century. Data analysis specialists have projected that by the end of 2020, business enterprises will have data amounts equivalent to 44 zettabytes, or 44 trillion gigabytes.
The Cost of Innovation in Healthcare
Medical technology is without a doubt the biggest innovation to the healthcare industry. It can be called the largest driving factor and is a key role in virtually every aspect of healthcare. It’s becoming more and more clear that medical technology is influencing the way we are thinking about healthcare—especially patient care and efficiency—and will continue to shape the industry for the foreseeable future.
Defining and Demystifying Retail Experience Futures
It's that time of year, following the holiday excess many of our waistlines are looking a little fuller and our email inboxes are full of newsletters, including 2018 predictions and the key trends to consider.
5 Things Innovative Companies Can Learn From Amazon
It is no secret that Amazon is a titan of industry. Given their tremendous success, they are quite obviously doing more than a few things right. While there are undoubtedly a myriad of different reasons that this company has become the giant that it now is, today we will be taking a look at five of the lessons that other companies can learn from Amazon.
Trends and Innovations in the Real Estate Industry
The real estate industry has always been quite static while facing its own set of challenges and obstacles. However, technological innovations will reshape every industry eventually, real estate included.
What’s Keeping CInO’s Awake at Night: The Latest Corporate Innovation Trends From a Range Of Recent Conferences
Over the past couple of weeks, I have participated in several conferences / events, to better understand key trends in corporate innovation. Each event was excellent, but also very different in scope, audience and approach.
Psychoanalysis of Artificial Intelligence
IRIBU, the robot, a gold medalist at the last International Robot Olympics, slowly sits on the couch and leans back with a grin on face. He is in a large square room, decorated with antiquity, providing the intellectual ambiance for a tactical discussion.
Key Customer Service Trends You Need To Be Aware Of
Customer service is an essence of modern business. It surpassed prices and products as the most important brand differentiator a long time ago. According to the recent survey, almost 100% of global consumers claim that customer service is crucial in their choice of the brand. That’s why you need to stay up to date and learn about the key customer service trends in this article.
How Quantum Computers will Advance Machine Learning, Big Data, and Artificial Intelligence
Quantum computers will allow artificial intelligence, big data, and machine learning to become far more advanced. Many researchers are working on the advancement of quantum computers, and it won't be long before their use becomes widespread.
Do We Need a Digital Bill of Rights?
That the new Apple iPhone X uses facial-recognition software (FRS) to unlock the device rather than a pin or fingerprint, underlines the importance of this burgeoning technology. We will likely see a massive spread in the use of FRS which will bring many benefits but some serious risks which we need to start addressing now.
International Courier Services Developing Technology and Innovations
Courier services have come a long way in the past decade and a lot of that is down to technological developments. These days, couriers understand that in order to stand out and provide an exceptional service, they need to invest in the latest technology innovations. This is especially true when it comes to international courier services.
Global Catalysts: The World’s Most Innovative Cities – Past, Present and Future
The latest view on which cities are the most innovative – from yesterday, today and tomorrow has just been shared.
As Corporate Innovation Evolves, Past Lessons Are Being Ignored
This article provides a personal perspective to the ongoing evolution of corporate innovation efforts, along with an overview of how some past mistakes are being repeated.
Innovative Election Platforms: 2020
Around the world there are dozens of very important elections coming up between now and 2020. Political leaderships in almost all corners of the world are trying extremely hard to remain in power while coping with varying levels of panic. All political leaderships are desperately seeking a miracle to wash off the decade’s long downward spirals; the increased erosion of the Middle Classes, the droughts of prosperity and the harvesting of fruitless fields.
5 of America’s Best Innovation Labs
The innovation that goes on within American corporations is truly breathtaking. Of course, many of the best innovation labs require the immense resources of powerful companies, but at their heart, these labs all succeed when two components come together: the right people and the right ideas.
Turning Big Data into Big Paydays
The global technological advancement has been ongoing for many decades now. The ability to generate big data by companies concerning their clientele and customers is an opportunity that to exploit and transform into huge returns on paydays. Venturing into data analytics can form a source of income for many more people globally as big data continues to get more use.
Top Three Blogs on Innovation Talent
Innovation is a hot topic today. No wonder that there are numerous blogs on the subject. In a fascinating report, CapGemini found that “difficulty finding the right people to drive innovation efforts was the number one constraint to innovation success.” So we assumed there would be lots of good advice in these blogs on the people side of innovation ‑ innovation talent, leadership and teams. We set out, full of enthusiasm, to find the best blogs on innovation talent.
How will Your Organization Prepare for Extreme Scenarios?
A BISS-project powered by the Service Science Factory
Rapid changes in technology, customer needs and society forces large organizations to constantly adapt to a changing context in order to remain relevant. Organizations therefore need to shift their strategy from a reactive to a pro-active approach, or in other words, they need to anticipate the future to prepare for it. Developing extreme scenarios paints a picture of the future and poses the opportunity for organizations to prepare for upcoming challenges and to make use of new opportunities.