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. In 1964, the average tenure of companies on the S&P 500 was 33 years. We won’t find it in strategy, business models or technology.

A new competitive edge

The Future Shapers

Such as: that the success or failure of a product or company depends solely on the strategy used. Which, for risk reasons, might not even be the company’s core market. If the ‘probes’ turn up successful the company will then double down on that particular strategy.

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.

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

11 Proven Ways to Turn Your Culture into a Culture of Innovation

today’s hyper competitive. A company’s culture and the. culture is the only sustainable competitive advantage that is completely within the control of the. In other words: with all the moving parts in a company, the one thing you can control is your culture. company?

Should Emotion Recognition Technology Exist?

Game-Changer

All technology encounters resistance from people initially, as time goes by some get adopted faster than others; this is a fact. One of the technologies within the domain of artificial intelligence that is just getting started is emotion recognition through cameras and E.E.G. I’ve written about the many ways this technology could be used , and the ethics behind it. Innovation affective computing emotion recognition technology

Encourage Innovation Through Competition

eZassi

Whether the focus is on product development, service delivery, customer satisfaction, or market share capture, competition drives a company to improve its performance. Internal Competitions. External and Open Competitions. Elements of a Successful Competition.

Technology Radar: Your Go-to Platform for Technology Management

ITONICS

A Technology Radar maps the technology direction of an organization; the identified, selected and evaluated technologies can serve as threats or opportunities for the future of the company. Why does a company need to have it’s own Technology Radar? THE WHAT.

How Big Companies and Startups Use “Co-Creation” to Innovate

Leapfrogging

” That’s because like most big companies, we struggled with risk-taking and moving fast. And gaining access to customers willing to pilot an untried product from an unknown company is a huge early hurdle. On the surface, it seems like big companies and startups are worlds apart. Established organizations want to squelch the competition. But in reality, the big company-startup marriage may actually be the secret to sustainable innovation.

Technology leads, innovation exploitation is lagging

Paul Hobcraft

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.

Top 1000 companies that spend the most on Research & Development (charts and analysis)

Idea to Value

Top 1000 Companies which spend the most on R&D. One of the key indicators of how much a company supports innovation is how much they spend on Research & Development (R&D). Top 1000 Companies which spend the most on R&D. Companies missing from this list.

Spigit's 2018 State of Crowdsourced Innovation Report

verticals, including: biotechnology, chemicals, construction, CPG, education, electronics, energy, finance, food, government, health care, insurance, law, manufacturing, media, pharmaceuticals, public sector, retail, sports, technology, and telecommunications. In fact, companies that.

Where speed, innovation, technology and strategy collide

RTI Innovation Advisors

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. We aren't quite certain yet how IoT, Blockchain, cryptocurrencies, artificial intelligence, robotics and other technologies will change things.

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. With digital transformation, companies are re-evaluating everything they do, from internal systems to online and in-person customer interactions.

Digital Technology MoshPit

Gregg Fraley

New Service Offering for Digital Technology Innovation. It’s designed to uncover unlikely, but useful, combinations of technologies, products, services, trends, and insights that lead to breakthrough innovation. The new service is called Digital Technology MoshPit. .

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.

Business Model Patterns: A Sneak Peek at the Invincible Company

Strategyzer

We’re writing a new book called The Invincible Company. The book builds upon Business Model Generation and Value Proposition Design , and it takes a deep dive into how world-class companies continuously reinvent their business models. Have you heard?

6 Keys to Making Collaborative Innovation Successful

Speaker: Soren Kaplan, Founder of InnovationPoint

competitive advantage no longer exists. Products, services, technologies, and even. The only defensible competitive advantage resides underneath the products, services, business processes, technologies, and business models we deliver to the. innovation in other companies.

15 most important Innovation Theories your company should be using

Idea to Value

Every company says that innovation is important, and that they value the ideas of their people. In fact, creativity is becoming a core skill which companies know they need in the future. Over time and iteration, this new technology will begin improving to handle more demanding uses.

How to be More Agile as Competitive Advantages Fade

New Market 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

How Innovative Companies Get their Best Ideas from Academic Research

Innovation Excellence

In virtually every advanced field, whether it be information technology, biotechnology, agriculture or renewable energy, America holds a leading position. Since World War II, the United States has been an innovation superpower.

Tart-up or Start up? Two innovation strategies for established companies

Idea to Value

Start-ups – companies under 5 years old owned by one person or a small team of entrepreneurs and venture capitalists – will innovate quite differently from established companies, which have a history of successful growth and a market share to defend.

How to Improve Customer Experience in an Era of Choice

with companies. And the focus these companies put on the customer. to switch to a competing company if they’re not getting the experience. The evolution of ‘Voice of the Customer’ How companies leverage crowdsourcing and. In the past, companies held the power.

10 Tips for Corporate Open Innovation with Startup Companies

InnovationManagement

Over 350 global corporations selected Israel as their source for innovation, understanding that the rapid rate that technology changes and the fierce competition that exists, does not allow these companies to rely just on their R&D departments.

Tips 103

Technology Adoption Cycle

Collective Innovation

The Technology Adoption Cycle is based on the diffusion process which was originally developed for agricultural means but adapted and found to work just as well to identify how a new technology crosses the chasm from being unknown to being widely adopted. It was found that individuals could be put into groups as to when they might adopt a new process or technology and the results were published in the Book of Diffusions by Everett Rogers.

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. This method is currently being used by many Fortune 500 companies, including IBM, Deloitte, and Pratt & Whitney to name a few, as well as the Pentagon to provide an accurate roadmap of the opportunities that are ahead.

Why Building a Culture of Innovation is your Competitive Advantage

Wazoku

A quick glance at the Most Innovative Companies [1] list at Forbes sees the top three places taken by Salesforce, Tesla and Amazon respectively. It’s perhaps safe to say, therefore, that they’ve mastered the art of innovating to derive a competitive advantage.

Measuring Innovation Performance

competitive advantage or be a USP, is what drives every organization. Source: 2017 Report: The Corporate Innovation Imperative (Crowd Companies) 66.0 % Greater. For example, we hosted a hackathon, #UnitedByHCL Hackathon, for HCL Technologies in. technologies.

Getting to Yes Quickly: How Amazon Out-Innovates the Competition

Planview Spigit

How does tech titan Amazon out-innovate its competition time-after-time? In an article on Business Insider , CEO of Amazon Web Services – Amazon’s cloud computing business – Andy Jassy discussed what makes the massive billion dollar company different from the competition: “When our leaders walk into a meeting, they are looking for a way to say yes.” That’s a lot of innovation and disruption of an industry for one company.

Are Corporate Innovation Centers The Last Hope for Companies Too Big To Fail?

InnovationManagement

Companies once deemed “too big to fail” are increasingly exposed to failure. Regardless of industry, businesses face digital Darwinism, the evolution of technology and markets. Whether companies thrive or cower in the face of digital Darwinism is a choice.

Crowdsourcing with the Competition: Rewarding Venture or Precarious Proposition?

Qmarkets

Why your company needs to think about crowdsourcing with the competition…. Understandably, the increase in competition and market saturation is seen by those who experience it as a direct threat to their organizational legitimacy. The answer is technology.

The Transformation of IP Technology

Anaqua

The accelerating pace of technological advancement is both unmistakable and inexorable today. These assets are bringing about exciting things in several areas: infrastructure and automation, new technologies, and improved integration of actionable data, analytics, and decision support.

Getting to Yes Quickly: How Amazon Out-Innovates the Competition

Planview Spigit

How does tech titan Amazon out-innovate its competition time-after-time? In an article on Business Insider , CEO of Amazon Web Services – Amazon’s cloud computing business – Andy Jassy discussed what makes the massive billion dollar company different from the competition: “When our leaders walk into a meeting, they are looking for a way to say yes.” That’s a lot of innovation and disruption of an industry for one company.

Who do European companies innovate with?

ideas4allinnovation

The current environment of disruption requires companies to be in constant transformation if they are to avoid being left behind, and to set themselves apart from the competition. Not confining themselves only to technology. The post Who do European companies innovate with?

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? Our top 10 do’s and don’ts for your next open innovation competition in 2016.

Winners announced for the Civic Engagement Innovation Competition

Betterific

It was the first time we partnered with Singularity University – the institution that believes in exponential thinking based on the exponential growth of technology. Crowdsourcing is the way of the future – and more and more companies are jumping aboard.

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.

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.

Crowdsourcing with the Competition: Rewarding Venture or Precarious Proposition?

Qmarkets

Why your company needs to think about crowdsourcing with the competition…. Understandably, the increase in competition and market saturation is seen by those who experience it as a direct threat to their organizational legitimacy. The answer is technology.

Dramatically Increase Your Chances of Innovation Success By Delivering Innovations That Are Dramatically Better Than Your Competition

Innovate2Grow Experts

Of the three critical elements in the science of persuasion powered by Merwyn technology, today we cover the third element– communicating how your product is dramatically better than some, most, all of the competitive options. Merwyn Technology is used to evaluate actual product communication. First, there are multiple dimensions that you can be different than some, most, or all of your competition.

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. A rapidly increasing number of companies are learning the importance of identifying Hard Trends that are both predictable and measurable. This gives companies a competitive edge in a world where thriving on change has become necessity.

The Fidelity story – technology-driven innovation

Wazoku

Fidelity wanted to make a substantial impact on company culture and its way of doing things to become more innovative and employee-driven by scaling to include the entire organisation. With the platform has come an overall shift in company culture. The Challenge.

The Latest Technology And Software To Help Monitor Your Business

The Human Factor

In this digital age, being clued up on the latest technology and software that’s available to your business is essential to stay relevant and on top within your industry. Here are just a few of the latest systems available to take full advantage of and to help develop your company.