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.

A new competitive edge

The Future Shapers

On top of that the technology clock speed can hold a company back from launching ‘new probes’ as often as it likes. A new competitive edge. In a VUCA world the traditional competitive advantages are fast dying out.

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.

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

How to Improve Customer Experience in an Era of Choice

The balance of power has tipped to the side of customers due to technology lowering. HOW TO CAPTURE THE VOICE OF THE CUSTOMER IN AN ERA OF CHOICE - SPIGIT 5 Technology has given rise to tools, such as Twitter and other instant communication.

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.

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.

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.

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.

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.

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.

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

today’s hyper competitive. culture is the only sustainable competitive advantage that is completely within the control of the. technology) you’ll need to get up and running • Real-world stories of companies proactively making cultural changes. 11 Proven Ways to.

Complacency won’t Just Hold you Back, It’ll Accelerate the Competition.

Daniel Burrus

It starts now—if your Futureview is based on the new opportunities offered by transformational technology advances, it will be more upbeat and optimistic, and your actions in the present will reflect that outlook. Anticipatory Organizations are always looking forward.

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.

The Future of Database Technology

InnovationManagement

Disruptive database technologies have mandated retailers to innovate to keep up with market trends and competition. Project managers are expecting a higher return and lower costs on technology projects. While this may seem costly, it's the only way businesses can stay relevant. Strategies analytics database digital innovation innovation

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.

Blockchain: Distributed Shared Ledger Technology in Banking

hackerearth

Over 90% of the world’s leading banks are either exploring, experimenting (PoCs), or formulating a strategy for leveraging blockchain technology, says an Accenture survey. The potential applications of the blockchain technology in the banking and finance sector is vast.

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. THE 2018 STATE OF. CROWDSOURCED.

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.

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. That’s why I wrote my latest bestseller, The Anticipatory Organization , and why I’m now helping you to connect the dots on how the 12 Hard Trends driven by technology I outline below will transform every career, and create new ones.

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

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.” They have talented employees, resources, access to technology, and connections.

Why Energy Storage May Be The Most Important Technology In The World Right Now

Digital Tonto

Renewable energy and electric cars are becoming competitive with technologies based on fossil fuels. All Posts Technology Clean Energy InnovationStill, if they are to become truly transformative, we need to develop a new generation of. [[ This is a content summary only.

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. new competitive advantage—.

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.

Complacency Won’t Just Hold You Back, It’ll Accelerate the Competition

Daniel Burrus

It starts now—if your Futureview is based on the new opportunities offered by transformational technology advances, it will be more upbeat and optimistic, and your actions in the present will reflect that outlook. Anticipatory organizations are always looking forward.

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. Get involved with the community and the crowd using campaigns, competitions, games. Still within the technology topic, we need to focus on algorithms.

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

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.” They have talented employees, resources, access to technology, and connections.

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. Our “ Hacking Civic Engagement ” Challenge was a first for us in many respects.

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.

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 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.

Merwyn Technology: The Power to Make Smarter Innovation Decisions.

Innovate2Grow Experts

In this series will learn how you can double the chances for success of an existing or new product – proven by rock solid science known as the Science of Persuasion powered by Merwyn Technology. Major companies rely on Merwyn Technology to evaluate their options and select the one with the highest chances for long-term success. Here is an overview of Merwyn Technology. Merwyn Technology was first developed and patented by Doug Hall of Eureka Ranch plus two people with PhDs.

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. These policies stop you from undervaluing your product or service while staying competitive with others in your industry.

The Fidelity story – technology-driven innovation

Wazoku

The programme is growing and iterating with customer issue resolution initiatives, competitions, code-a-thons and hack-a-thons and now external members of their ecosystem coming onboard the FIL Ideas platform. The Challenge.

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.

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.

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.

Keeping Up is a Fool’s Game

Daniel Burrus

Keeping up—with technology, with the competition, with anything in business or life—is what some would call a fool’s game. Asking these questions enables you to go beyond your competition and get off the treadmill of keeping up.

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

ITONICS

We distinguish here between three pillars: technologies, trends, and startups. Pillar #2: Technologies or the Technology Push. The technology push drives a lot of disruption and origins from technical inventions. By: ITONICS GmbH & Detecon Consulting.

How Gamification Can Alter Our Behavior

Daniel Burrus

During this unique period of technology-driven transformation, the education sector has so far been slow to embrace the power of digital tools that can be used to accelerate learning. But, when it comes to technology, it’s not the tool, it’s how we use it.

The Top 5 Technology Trends That Will Drive Innovation in 2018

hackerearth

Innovation is never easy, and in today’s world where everything is becoming digital, innovation is technology first and quite complex. photo editing software), and technology push (e.g. Samsung Galaxy with touchscreen technology in 2012).

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

Why Trends, Technologies and Inspirations matter in Innovation

ITONICS

If you constantly feed that funnel, you will never be out of new products and services and you will always be ahead of competition. Trends, Technologies and. by STEEP, STEER or PEST for Political, Economic, Social and Technological analysis), sorted within a certain hierarchy (e.g.