Remove Change Remove Comparison Remove Technical Review Remove Technology
article thumbnail

From Game Rooms to Boardrooms, Virtual and Augmented Reality at Work

Daniel Burrus

Now that Facebook has changed their name to Meta to stake their claim on the personal and business use of Virtual Reality (VR) environments — the Metaverse – will this finally establish VR and/or Augmented Reality (AR) as commonplace technologies? Understanding VR. The Current State of Augmented Reality.

article thumbnail

First-Mover or Fast-Follower: Which is the right innovation strategy for you?

Idea to Value

This idea quickly became popular in technology companies and areas like Silicon Valley where it was used as evidence of a need to launch first (even if you didn’t have a working product), spend big on marketing and get customers at any cost. This can require significant marketing and sales effort to change.

Strategy 257
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Discontinuous Innovation: Transforming Industries & Creating New Markets

Qmarkets

By definition, it refers to the introduction of groundbreaking products or services that fundamentally change market dynamics, often rendering existing solutions obsolete. Defining Discontinuous Innovation Discontinuous innovation introduces significant technological leaps or entirely new business models , much like radical innovation.

article thumbnail

An Anticipatory Organization® Can Preemptively Dissect Problems

Daniel Burrus

A pre-mortem affords the opportunity to successfully go opposite in your industry: if your competitors are busy employing post-mortems and trying to find a way to simply change the status quo to keep it fresh, you can utilize a pre-mortem to see where the opposite track may lead you somewhere transformative in advance!

Trends 73
article thumbnail

The cost of innovation

Jeffrey Phillips

We don't have to look far in the corporate scrap heap to find firms that were leaders (Nokia, Kodak) but became obsolete due to a failure to notice changes in the market. These ideas may indicate significant changes are required in the existing business model. I'm not so sure that logic holds any more.

article thumbnail

Augmented Reality Defined with Opportunities

Daniel Burrus

When I moved my device around, the information changed to correspond with what I saw. It would benefit you to be wearing AR glasses that can quickly scan the area for a highly recommended restaurant per consumer reviews. Wearing the technology rather than having your eyes divert to your phone is faster and safer.

article thumbnail

The Art of Decision-making as an Innovation Leader

Idea to Value

These are without a doubt all very important topics, but they still pale in comparison to decision-making. The end result is that you do a lot of work and spend a lot of money only to figure out that the initial plan just won’t work without major changes to it once you encounter that existential challenge.