Digital technology is changing the innovation ‘game’

Paul Hobcraft

Digital technologies are beginning to have a real impact on the methods, approaches, and rates of our innovation outputs. Social technologies are giving us real-time understanding. Competition is changing, markets are blurring and customers are becoming far more vocal.

Stop Itemizing Everything: Move Beyond Competition

Daniel Burrus

Human beings are competitive in all circumstances, and it has only intensified in today’s predominantly technologically advanced world. But what if you could move beyond the idea of competition and no longer needed to see the competition as “competition,” necessarily?

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

Rediscovering sustainable competitive advantage

The Future Shapers

Sustainable competitive advantage? Most business leaders I talk to agree that the days of sustainable competitive advantage are over. The reason our search for sustainable competitive advantage is becoming increasingly elusive, is that we’re looking in the wrong places.

Innovation adoption in the technology lifecycle for Energy Translation

Paul Hobcraft

Technological innovation has a central role to play in the Energy Transition currently being undertaken throughout the world. The economics of powering the energy system with renewables has got to the point where there is real competitiveness. Building the systems enabling framework.

How AI Can Radically Change Your Business

AI is quickly becoming mainstream, thanks to its value-driving capabilities. Yet, even with such widespread attention, it still is one of the most misunderstood technologies out there. Here's how to make the most out of it and bring a positive change to your company.

A new competitive edge

The Future Shapers

Choosing to accept the parallel between new product development and strategy can trigger a change in the way strategy is developed and deployed. On top of that the technology clock speed can hold a company back from launching ‘new probes’ as often as it likes.

Collaboration is the new competitive advantage

IdeaSpies

In 1985, a relatively unknown professor at Harvard Business School named Michael Porter published a book called Competitive Advantage , which explained that by optimizing every facet of the value chain , a firm could consistently outperform its competitors.

Make Digital Disruption Your Biggest Competitive Advantage

Daniel Burrus

In 1983, I identified digital disruption as one of twenty technology-driven Hard Trends that would increasingly shape the future at an exponential rate, and at the same time drive economic value creation. The basic thinking is that people don’t like change — which is, of course, untrue.

5G: what technologies change with increasing speed

mjvinnovation

With any type of 5G connection, we will see faster network speeds, but the biggest changes will occur when operators have deployed high-frequency millimeter wave technology to exploit radio wavelengths that have been unusable in the past. Low-frequency networks will use the same radio bands that current technology uses, but the coding signal changes and wider channel bands will allow speeds up to 50% better than the best 4G LTE available on the market today.

What the digital transformation trend means for technology resellers

The Future Shapers

‘Digital transformation’ is a phrase that is widely used by many businesses today, who are attempting to upgrade their technology to accommodate for the increasingly mobile and flexible workforce of the twenty-first century. Competitive Advantage Innovation Culture Strategic Thinking

Technology leads, innovation exploitation is lagging

Paul Hobcraft

Mashing up for explosive change. It will be how and where a business or entities of business come together and see where ‘people, things and their business offering’ can come together for mutual value based on the unique combinations of the different technologies available.

Measuring Innovation Performance

competitive advantage or be a USP, is what drives every organization. customers, IP licensing or royalty Measuring ideas Ideas matter because they have the power to change the world. For example, we hosted a hackathon, #UnitedByHCL Hackathon, for HCL Technologies in.

Everything is changing faster- can we respond differently in our Innovation work?

Paul Hobcraft

I was pondering some thoughts around the quest for growth, the demands for change, and the need to become nimble, agile, and more dynamic in what we do. We continuously want to change what we have, even when it patently does the jobs we need ‘it’ doing. Changing our ways.

Change 175

Unique Ways Successful Startups are Changing the Corporate Innovation Landscape

Idea to Value

The corporate landscape is changing drastically, and for a corporate brand to stay relevant, they must innovate in order to change with the market. Don’t waste time and money forming partnerships with entrepreneurs whose technology doesn’t fit your strategic goals.

Change 217

Innovation is How We Adapt to Change

Tim Kastelle

To flourish and grow, we need to innovate Jack Welch once said: If the rate of change on the outside exceeds the rate of change on the inside, the end is near. This raises some important innovation points: The rate of change outside is accelerating.

Change 267

Where speed, innovation, technology and strategy collide

Jeffrey Phillips

Old trading patterns and rules of engagement may be re-evaluated or may change entirely. Digital transformation - a "third wave" of information technology that creates an entirely new way to capture real time data and perhaps make sense of that data on the fly, could radically change how businesses operate, how they make money and how they interact with customers, consumers and suppliers. The pace of change - a common refrain in my writing - seems to only accelerate.

Our inabilities to adapt needs changing.

Paul Hobcraft

They become fixed, rigid and locked into their established ways, not adapting to the changes occurring around them. If we can’t adapt to changing times, we simply struggle to survive, that is the growing reality operating in today’s environment.

Change 255

Next Generation Technology for the Agile Enterprise

SnapStrat

We founded SnapStrat on the premise that rapidly accelerating business cycles demand unprecedented levels of agility in technology supported by critical technology-enabled business functionality: Adaptive Data Models : The ability to consume and analyze a wide variety of data sources from constantly changing data models without rebuilding functionality. These critical objectives are very challenging for most organizations because it requires a new technology paradigm.

Why Technology Is Important For Organizational Change

AureaWorks

Organizations that foster a culture of continuous change must also encourage a culture of innovation, as technology is the key enabler of change. Andrew Tarantola , senior editor at Engadget, notes that today’s technological innovations are driven by information and automation.

The Impact of Wearable Technology on Mobile Devices

Game-Changer

Part of the rise of these technologies stems from their ability to interface with mobile devices and improve the convenience and ease of those experiences. New applications of wearable technology will change the way we do business and go through our daily lives.

Why We Must Change Our Mental Models from Hierarchies to Networks

Innovation Excellence

Once you start thinking in terms of networks rather than hierarchies, it becomes clear that we must change how we do things; and not just within organizations, but also in how we approach a competitive marketplace.

4 Emerging Technologies Impacting Today’s Digital Transformation

Acuvate

ZDnet defines today’s digital transformation as , “using digital technologies to remake a process to become more efficient or effective. It’s no secret technology has been a driving force in business transformation for years, but new technologies are now launching faster than ever.

Gartner EA & Technology Innovation Summit

ITONICS

Big corporations more and more seek ways to team up with startups to get a competitive edge and embrace the “digital native” way of working. Partnering with technology-driven startups makes corporates more agile, innovative, and able to respond quickly to market changes. The post Gartner EA & Technology Innovation Summit appeared first on.

How to be More Agile as Competitive Advantages Fade

New Markets Advisors

For years, Columbia Business School professor Rita McGrath has been telling us that the traditional strategy of finding and exploiting a sustainable competitive advantage is becoming outdated. The world is evolving too quickly for competitive advantages to last for a meaningful amount of time.

Agile 52

12 Technology Categories That Will Transform Careers

Daniel Burrus

As technology continues to impact our lives, workers at every level in today’s ever-changing labor market need to be prepared with skills to adapt and succeed in the workplace. Over the past thirty years, I have developed a proven methodology to anticipate disruption and change before it happens, allowing you to find the confidence that certainty provides. The list highlights technologies that are now and will continue to transform present and future careers.

Change Your Thinking, Improve Your Results

Daniel Burrus

Change Your Thinking and you will Change your Results. Legacy Technology—Dangerous But Also Diverting. Legacy thinking has a better-known cousin—legacy technology. Legacy technology is a major headache. We are now in a period of transformational change.

Change 100

How to Stay Ahead of the Game in a Fast-Changing Industry

IdeaScale

At the intersection of modern technology and advertising, digital marketing is one of the fastest changing industries in the world. And perhaps one of the most competitive and technology-dominated industries is digital marketing.

Why Building a Culture of Innovation is your Competitive Advantage

Wazoku

In an age of rapid change and creative destruction, they’ve not only pioneered e-commerce, but also safely surfed the wave of mobile and cloud computing. It’s perhaps safe to say, therefore, that they’ve mastered the art of innovating to derive a competitive advantage.

The Merits of Innovation in a Competitive World

Daniel Burrus

Focusing time and resources on your competition limits businesses’ innovation potential for greater success, and prevents them from being leaders in their field. Instead, it is focused on what its competition is doing, and how to either replicate or incrementally improve on those products, services and practices. To remain in this aggressive competitive cycle is to hinder the possibility of getting ahead — a business cannot ‘win’ if it solely fixates on the race.

10 Do’s & Don’ts for Open Innovation Competitions

100%Open

We were asked recently by a new client what our top 10 Do’s and Don’ts are for running open innovation competitions, based on our experience including the UBS Future of Finance Challenge , Unilever Foundry Ideas Challenge , Colombia CO4 Open Innovation Competition , and Ordnance Survey GeoVation Challenge. Is it genuinely about finding new ideas, or new partners, or new technologies? Or is it really a glorified PR campaign, or even a stealth change management initiative?

How Energy Storage Can Change Everything

Daniel Burrus

The new renewable technology we’re counting on to help reduce our global carbon footprint—including all of those solar- and wind-harnessing companies—all depend on the environment itself to generate energy.

Change 103

Gartner EA & Technology Innovation Summit

ITONICS

Big corporations more and more seek ways to team up with startups to get a competitive edge and embrace the “digital native” way of working. Partnering with technology-driven startups makes corporates more agile, innovative, and able to respond quickly to market changes. The post Gartner EA & Technology Innovation Summit appeared first on.

Agile 28

Which pace of change to align to?

Jeffrey Phillips

You've heard it before - the pace of change is accelerating. I can present all of the technology adoption charts , the fascinating nuggets of data that tell you how quickly different products or technologies were acquired by millions of customers. Change is real, and change is accelerating. Whether we are talking about change in your global markets, in your industry or in your customer base, change is everywhere.

Change 109

Swimming along a road in a flood of digital transformation

Paul Hobcraft

It is no more just the smart, nimbler upstarts threatening us, it is coming from all directions, at speeds that seem to increase the rate of change constantly. Firstly we do need to recognize technology is inseparable in what we do going forward.

10 Technology Driven Hard Trends Shaping 2016

Daniel Burrus

Technology has become everyone’s business as we enter the next stage of this digital transformation where even your next toaster or refrigerator will connect to the Internet. This gives companies a competitive edge in a world where thriving on change has become necessity. In this article, I’ll highlight ten technology-driven Hard Trends that I would like you to spend time thinking about and better yet, act on.

The Fidelity story – technology-driven innovation

Wazoku

Fidelity International (Fidelity), one of the UK’s largest investment fund managers, initially started collaborative innovation with Step Change, an IT department run innovation programme, managed through SharePoint. The Challenge.

Report: Technology Transformation Drives Businesses Forward

BPI Thought Leadership Media Coverage

Global business leaders expect their IT organizations to realize measurable business and competitive advantages from technology transformation, according to a study from the Business Performance Innovation (BPI) Network, an international executive change advocacy group

Connecting Innovation is the New Order of Play

Paul Hobcraft

There is a lot of change occurring in our innovation abilities. We are seeing profound shifts that technology and digital transformation are bringing us to deliver innovate differently. What is radically changing how we innovate? All that has changed dramatically.We

Why you should care about Trend, Technology, and Startup Scouting

ITONICS

We distinguish here between three pillars: technologies, trends, and startups. Being capable of identifying changes and assessing their relevance for your business, you need a systematic way of conducting a holistic trend management. Pillar #2: Technologies or the Technology Push.

Innovation and the rapidly changing world of photography

Jeffrey Phillips

We've reached a couple of interesting milestones in a very short period of time, and it behooves us to pay attention to the changes in what has been an important industry - photography. The rapid advance of technology Both Canon's exit and Kodak's exit from film are examples of the ever-accelerating pace of technology. They weren't necessarily tied to a specific technology - firm or digital, either was fine for them.

Change 100

Exponential Growth: the technological evolution dictating new business models

mjvinnovation

Read on to understand what Exponential Growth is, how you can use technology to scale your business at exponential rates and more! Canadian Salim Ismail – serial entrepreneur, angel investor, author, speaker and technology strategist – coined the term Exponential Organization in his eponymous book. Invest in qualification courses, participate in events… There are many ways to change an organizational culture; they must all be paved by knowledge.

How to Increase Organization Agility and Speed of Innovation

Innovation Excellence

Doesn’t it feel like change is the word of the year?! We talk so much about the accelerated rate of change; how technology, competition, launching new products and services are constantly changing.

Agile 102

What Are The External Actors For Change?

The Human Factor

When business owners think of change, they often picture themselves as being the leader who brings change to the company. In reality, change is a response to a variety of factors. T stands for Technology. Changing location with an expert. Your culture is changing.