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Are You Future-Proof? Preparing for Technological Disruptions

Phil McKinney

These disruptions have had a major impact on how people get around, consume entertainment content, and even shop for goods or groceries. Businesses that fail to keep up with trends may be unable to compete with more agile competitors and could suffer a significant economic loss.

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8 Types of Innovation in Business: A Comprehensive Guide

Qmarkets

Razors have undergone incremental innovations over time Source: The Hustle Incremental innovations may not make headlines, but they’re the steady pulses that keep businesses competitive and responsive to market demands.

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Business Model Innovation: 5 Frameworks for Success

Qmarkets

Here are three such examples: Netflix: The company famously transitioned from a DVD rental service to a streaming giant, pioneering the online entertainment streaming industry. Lego’s adaptation to the digital age helped it to remain relevant and grow in a market where digital entertainment increasingly competes with physical toys.

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Becoming a maker of ideas

Jeffrey Phillips

Entertainment has already entered this model, where almost anyone with a good idea and access to the internet can become an overnight sensation. Plus, the model is biased toward companies with deeper pockets that can afford to patent a lot of ideas and then sit on those patents, warding off competition.

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Social Networks and Big Data: the best strategy for getting to know your customers

mjvinnovation

The fact is: there are social networks for all tastes, from those that like entertainment, like TikTok, to the most professional ones, like LinkedIn. Predictive analytics is gaining popularity among marketing, sales, and competitive intelligence analysts, among others, and Big Data has a significant role to play.

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Adapt or die: lessons from 5 companies that failed to innovate

Idea Drop

It feels like the world is moving faster than ever, which means that companies in every sector have to prioritise agile innovation or risk becoming defunct. Price, branding, competitor offering and even convenience are all equally important, and you need to tick every box to stay competitive.

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Developing collaborative leadership styles

ImagineNation

With a national election for a new Australian government about to take place in less than a weeks’ time, it raises key questions around the impact of collaborative, autocratic or competitive leadership styles. Many voters, like myself, to question as to what leadership style might be best for our country’s future.