Pace of Innovation – The Ultimate Competitive Advantage

Idea to Value

When we think of a business having a competitive advantage, we still tend to think of traditional economic moats such as a low-cost structure, economies of scale, or perhaps a more intangible moat like a strong brand. Battery technology is the perfect example.

Improve Leadership Skills Today with Supervisor Courses [Online and Offline]

CMOE

In some situations, online supervisor training courses can be more cost-effective for an organization. Using online courses for learning and development can reduce the time spent on training. Online Supervisor Training Course Considerations.

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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. We won’t find it in strategy, business models or technology. Gary Hamel uses different words, but means the same: Management is a social technology, the technology of human accomplishment.

Air, Water, Food

CorporateIntel

In product development, it might be an innovative, competitive technology solution that is worth marketing because it will surprise and delight customers. There’s no time like the present to set goals. Here’s a framework I use for myself and those I manage or advise.

Strategic Drift: How to avoid losing competitive advantage

Cascade Strategy

They had the talent, capital, technology (they invented the first digital camera in 1985) and had close to a decade to adapt their business to the true demand of their customer: easily accessible photos without the hassle of purchasing film. Of course, hindsight is 20/20 and it’s much easier to understand trends 10 years after the fact, we've already written about some of the worst business strategies in another article. What is strategic drift?

Gaining a Competitive Edge Through eLearning by Costa

CMOE

As eLearning becomes more popular as an alternative to traditional instructor-led training, organizations have a plethora of off-the-shelf courses to choose from. Such courses offer a cost-effective and easy way for organizations to venture into the realm of eLearning.

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. Anticipating the future Innovation Competitive Advantage Daniel Burrus Digital Disruption

Top 10 short-term online innovation management courses

hackerearth

Why take a course on innovation? List of courses. This is a round-up of short-term online courses for decision-makers who oversee driving innovation in their respective organizations. These courses guide you in gaining more insights about how innovation strategies and skills accelerate the operational efficiency and competitiveness in organizations. Course duration : 9 weeks. Course highlights. Course duration: 2 weeks. Course highlights.

My own transformative dynamics of disruption

Paul Hobcraft

The age of “technology attack.” ” In many ways, we are in the age of “technology attack” There are so many disruptive technologies converging; we are entering that exponential phase on the S-Curve. Technological disruption is altering all we do.

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. The problem is, we live in an uncertain world, and because of the high levels of uncertainty we all face, people of all ages and careers are finding it difficult to know what new skills to learn, what courses to take, and what degrees to get that will provide them with the most opportunity going forward.

Think Your Company’s Pursuit of Innovation has Run its Course? Think Again…

Qmarkets

If there’s anything we’ve learned from the last 10 years of technological advancements, it’s that humanity’s potential for enhancement, modification, deviation, and then reinvention, is categorically unfathomable. But it’s this mindset which must change in order for companies to maintain a competitive edge and fight disruption. Of course, we’ve developed new materials and designs, but the mechanical structure has remained the same – until now.

Why Building a Culture of Innovation is your Competitive Advantage

Wazoku

It’s perhaps safe to say, therefore, that they’ve mastered the art of innovating to derive a competitive advantage. They undoubtedly have some incredibly smart people that have produced some incredibly smart technologies, but what sets them apart is their desire to innovate 24/7. Indeed, it may be why the research still suggests that over 40% of senior executives still don’t recognise innovation as a form of competitive advantage or as a value builder for organisations.

Crowdsourcing with the Competition: Rewarding Venture or Precarious Proposition?

Qmarkets

Why your company needs to think about crowdsourcing with the competition…. Truly, the business world is getting smaller every day: drop shipping is giving the little guys an edge on big name brands, e-commerce is allowing local stores to expand their reach across oceans, and disruptive technologies such as 3D printing are making us re-think the boundaries of what we previously thought was possible. Of course, there are well-founded concerns too. The answer is technology.

All Work and No Play May Not Help Your Bottom Line

Daniel Burrus

Believe it or not, gamification is an increasing part of all of our lives in this new technological frontier, and is poised to educate adults just as much as video games educate children. Of course! Focus is enhanced by interactivity, competition, immersion, and self-diagnosis.

Think Your Company’s Pursuit of Innovation has Run its Course? Think Again…

Qmarkets

If there’s anything we’ve learned from the last 10 years of technological advancements, it’s that humanity’s potential for enhancement, modification, deviation, and then reinvention, is categorically unfathomable. But it’s this mindset which must change in order for companies to maintain a competitive edge and fight disruption. Of course, we’ve developed new materials and designs, but the mechanical structure has remained the same – until now.

My own transformative dynamics of disruption

Paul Hobcraft

The age of “technology attack.” ” In many ways, we are in the age of “technology attack” There are so many disruptive technologies converging; we are entering that exponential phase on the S-Curve. Technological disruption is altering all we do.

Crowdsourcing with the Competition: Rewarding Venture or Precarious Proposition?

Qmarkets

Why your company needs to think about crowdsourcing with the competition…. Truly, the business world is getting smaller every day: drop shipping is giving the little guys an edge on big name brands, e-commerce is allowing local stores to expand their reach across oceans, and disruptive technologies such as 3D printing are making us re-think the boundaries of what we previously thought was possible. Of course, there are well-founded concerns too. The answer is technology.

The Human Factor: Digital Connectivity Still Needs a Human Touch

Daniel Burrus

We live in an amazing era of technology-driven transformation that’s redefining how we sell, market, communicate, collaborate, innovate, train, and educate—all in an amazingly short period of time. Will technology disrupt my business to the point of closing it? Of course!

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.

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

ITONICS

We distinguish here between three pillars: technologies, trends, and startups. Even if not all identified trends or technologies are applicable to their current business needs, innovation forerunners should always be on the lookout for the latest developments to proactively address challenges as they arise. Pillar #2: Technologies or the Technology Push. The technology push drives a lot of disruption and origins from technical inventions.

Going beyond the 5 bold steps offered to Reimagine the American Innovation Agenda

Paul Hobcraft

I have been reading a report written by Stephen J Ezell of the Information Technology and Innovation Foundation (ITIF) along with a guru of innovation, John Kao, of ILSi on their concerns that something is amiss with the U.S. leadership as a birthright, as a matter of course.

Going beyond the 5 bold steps offered to Reimagine the American Innovation Agenda

Paul Hobcraft

I have been reading a report written by Stephen J Ezell of the Information Technology and Innovation Foundation (ITIF) along with a guru of innovation, John Kao, of ILSi on their concerns that something is amiss with the U.S. leadership as a birthright, as a matter of course.

Going beyond the 5 bold steps offered to Reimagine the American Innovation Agenda

Paul Hobcraft

I have been reading a report written by Stephen J Ezell of the Information Technology and Innovation Foundation (ITIF) along with a guru of innovation, John Kao, of ILSi on their concerns that something is amiss with the U.S. leadership as a birthright, as a matter of course.

In the blink of an eye, it gets something bigger

Paul Hobcraft

Capgemini have been leading much within the transformation process around technology with all things digital, they have been pioneering and offering some significant advice around transitions. Of course, many ventures have been dashed on the rocks of despair but at this moment of time this is the sort of message I want to hear coming from the acquired and also explaining the potential course of the new journey ahead.

Creating the Industrial Ecosystem

Paul Hobcraft

The day before the main event I was included in the Industry Analysts visit to the Siemens Technology Center, at Neuperlach in Munich. We were provided a variety of insights in different presentations and demonstrations, of the technology they are working upon. The time spent in the Siemens Technology Centre was far too short, in getting the depth I would have liked. Siemens is in some highly competitive industrial markets.

Reducing the friction around innovation

Paul Hobcraft

Technological risks to information, from hacking to cybercrime and privacy concerns to identity theft are on the rise. Its return is greatly diminished by the lack of understanding of the true value at stake as it can’t be easily quantified, so it constrains scaling and competition can simply copy and catch up, so you have the unrealised return. Of course, some frictions are by design and are intentionally built into the system.

Report 153

Innovation System Thinking on a Sunday! What, no roast or glass of wine? Later.

Paul Hobcraft

Of course, this greatly depends on what I am working on, for others and, or for myself. Constant improvement often makes up the business as it continually improves on its offering and we are all caught up in this, as technology is continually changing, allowing us to apply what we are learning and as we plug into the feedback we are getting from the market. We all spend our Sundays in different ways.

System 131

The backdrop of digital transformation and its consequences

Paul Hobcraft

Digital transformation is doubly difficult, it forces us to work with mostly emerging, constantly evolving technologies, and then apply these in an integrated way into an existing business. Beyond making a series of incremental improvements to become cloud-ready, we are supposed to reflect social, mobile and digital technologies. Thus it is hard to convince those undecided to support this, whether they are just skeptical or lacking technology adroitness.

Report 145

How Apple created two giants

Matthew Griffin

About the Author: Recognised in 2013 and 2014 by the public as one of Europe’s leading Emerging Technology and Disruption Strategy advisers Matthew Griffin is an international speaker who works with global Accelerators, Analysts, Entrepreneurs, Investors, Governments and Fortune and FTSE multi nationals to help them reinvent themselves and adapt to new market conditions. __. Why be the assembler when you can be the Venture Capitalist behind the next big technology wave?

The Death of Consumer car insurance

Matthew Griffin

Of course you’re only going to be liable for something if you cause an accident so it naturally stands to reason that if you can eliminate the word ‘If’ then you might very well be able to eliminate your need to buy insurance. The technology is solid, it’s been trialled and an increasing number of cars have passed human driving tests with flying colours and been awarded their licenses – maybe they keep them in their glove boxes?

Exploring frameworks and methods you need to know as an Innovator

Paul Hobcraft

“We are forming external relationships in many different ways as this increased diversity does matter to each organization for building different competitive positions in their innovation offerings” Sorting Through the Management Tools and Trends. Of course there are numerous others also provided within the Hype Methods & Frameworks , written by other contributing authors giving their own slants to these.

Have the Banks already been Disrupted?

Matthew Griffin

On the one hand you have a growing apathy and disenchantment towards the banks which of course hasn’t been helped by the recent LIBOR, PPI, Forex or Bank Charge scandals. Organisations need to review and adapt their technology, culture and business practises and become ‘Future Fit’. “Banks were once the corner stone of the community but today their industry is being disrupted and disintermediated.

Enterprise Architects in Innovation Management

ITONICS

The study emphasizes the need for enterprise architects to facilitate digitization by managing technological complexity and setting the course for the evolution of the IT landscape around their companies. Technology Management Innovation Management

The rise and rise of Entrepreneurs

Matthew Griffin

Today technology and digital have lowered the bar to entry and the number of people around the world starting companies has risen ten fold to 100 million and the number of patent applications has risen six fold. Typically there are two groups that will be looking to disrupt your business – competitive corporations, either from within or from outside of your current industry and Entrepreneurs. “When people come together with a common purpose anything is possible.

Why should your company be a Business to Experience company?

mjvinnovation

” Of course! Meaningful Banking: Banks bet on technology to focus on user experience. -->. And, of course, the subject of the experiments became a stamped figure in the departments. Because there is no competition between the terms. Technology User Experience

Why Agility Cannot Stand Alone

Daniel Burrus

When the competition launches a new product, how you react says a lot about you as a professional and your company as an organization. This is called agility, and we often utilize agility to change directions and head the competition off at the pass.

Agile 68

Relating to the New Innovation Era

Paul Hobcraft

Of course, much of what we have will still remain. Innovation is advancing but most of it has been designed for a different time, the old era of stable markets, predictable solutions and having a clear sense of your competition. Aligning People, Technology, and Innovation in Design. I firmly believe we are on the cusp of a new innovation era.

Agile 153

Fly, Crash, Adapt

Destination Innovation

This motivated him to enter the Kremer competition which offered a reward for the first human-powered flight. Different British teams had achieved limited success with distance but struggled to steer their craft around the course. Paul MacCready.

Design 222

Today’s CIO: The Chief Innovation Officer

Daniel Burrus

As we all know, technology made this transformation possible. The visual, social, virtual, and mobile transformations are creating a new golden era of technology-enabled innovation, and the CIO needs to be leading the charge. Based on technology-enabled Hard Trends that are already in place, how we sell, market, communicate, collaborate, innovate, train, and educate will continue to transform. Of course, not all CIOs will embrace their new role.

HOW ENTREPRENEURS CAN UTILISE SOFTWARE

ImagineNation

From self-driving cars to video conferencing apps, SaaS (software-as-service) technology to intuitive chatbots and programs that automatically calculate GST and other compliance requirements in the blink of an eye, innovation has fundamentally changed the way we live and work. Of course not.

Better, Not Just Longer, Life: Hacks For A Better Future You

Daniel Burrus

Rather than getting sick—then seeking medical attention—millions of people are employing technology to do what they can on their own to look after their health proactively with the goal of a better future. Although research has seemingly pinpointed an outer range of human longevity, researchers also acknowledge that new technology—in varied forms—could push that number higher, perhaps significantly. And, two, no new form of technology exists completely in the abstract.

Product Market Fit: is your product what the market is looking for?

mjvinnovation

The source of competitive advantage is disruption, and whoever manages to survive it will differentiate themselves within the invisible hand of the market. Understanding what your PMF is means gaining one more tool to analyze your company’s performance in a competitive environment.

New Research Suggests That Humans Struggle With Subtractive Thinking

Game-Changer

When asked to improve something—a Lego-brick structure, an essay, a golf course or a university—they tend to suggest adding new things rather than stripping back what is already there, even when additions lead to sub-par results. Subtraction is the simplest, most common path to innovation.