Peter Hesseldahl

PETER HESSELDAHL

As a journalist in Denmark, Peter Hesseldahl has covered the forefront of science and technology for newspapers, radio and television for almost two decades. In 2002 Hesseldahl joined LEGO VisionLab as a futurist and strategic consultant.
In 2005 he moved to Danfoss Universe to build up an educational facility and interactive science experience, and at the Universe Foundation he has continued to work with future studies and scenarios for major Danish and international companies.

Hesseldahl is currently managing The We-economy Project, exploring the implications of a shift towards a participatory and collaborative economy. Peter Hesseldahl is the author of five books.
The most recent, ”Ground rules for the future”, was published in Danish in February 2011.

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The Product of The Future

What will the product of the future be like – and how will it be different than today’s products? Generally, all products will become part virtual, part physical. They will be connected, reconfigurable and – hopefully – smart. Also, the business model for their manufacturers will be dramatically different.

2019-04-29T13:13:11-07:00August 21st, 2015|Categories: Strategies|Tags: , , , , , |

Global Platforms for Co-creating Hyper-Local Solutions

The products and services we use are developing in two seemingly opposite directions: We want customized and localized solution – but they should fit into a global network of services and brands. A business model to meet this paradox is to create global platforms that enable a large number of actors to create very local and personalized solutions.

The New Normal: From Product to Platforms and Processes

Platforms and processes, rather than products, will become the focus of new business creation as we move forward. The main characteristic of a handful of new trends in business – Collaborative consumption, Sharing, the Maker movement and the Circular economy – is that the value creation is less about adding some new feature to a product. Instead, the appeal of these models is that they can deliver more value for less by involving a number of stakeholders, including the users, in co-creating solutions.

Jugaad Innovation

Studying how companies in the emerging markets innovate can offer Western engineers and designers important inspiration, and challenge them to develop products that are much cheaper. Such “frugal solutions” will become increasingly important in order to stay relevant in the stagnant markets of the West – as well as for the upcoming global middle class of developing countries. This study focuses on the “jugaad” innovation of India.

Learning from Asian Innovation

Asian companies are different from Western companies in their approach to innovation. A recent study has identified four generic elements of the Asian approach that might help any Western company think differently and to be more effective in their business creation. In this article Peter Hesseldahl gives a brief overview of the conclusions.