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Good Judgment Is a Competitive Advantage in the Age of AI

Harvard Business Review

But as we travel these technological leaps forward, there’s still a fundamental, longstanding capability every organization will need to realize AI’s true potential: judgment. He argued that judgment will be the real competitive advantage for organizations as AI systems rise to new common operating standard.

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The Travel & Hospitality Industry is Being Disrupted, Again.

Leapfrogging

Now big travel and hospitality companies are going after the next disruptive innovation themselves before getting blindsided yet again. It’s no wonder Plug and Play created a vertical focused on travel and hospitality. The “travel-tech” sector has attracted over $19B+ since 2008. Airbnb disrupted hotels.

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Choosing your direction of travel

Paul Hobcraft

They are not yet at the point of being digitally effective to turn what they have into real competitive advantage as they lack the capabilities in big data analysis and those algorithms that reveal ground-breaking innovations, Are they hanging on in the belief they will become digitally transformed eventually or just deluding themselves?

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Virgin just invested in new supersonic jets which travel faster than Concorde

Idea to Value

hours, yet would be cheap enough to run that they would be economically competitive with normal airlines taking more than twice as long. It will travel 2.6 These innovative planes would be faster than the decommissioned Concorde service, able to fly from London to New York in about 3.4

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Innovation and creativity: the lasting competitive advantage

Jeffrey Phillips

Someone will be needed to dream up the next AI, investigate black holes, explore space and perhaps discover how to travel at the speed of light. Innovation and creativity are the lasting competitive advantage, for individuals, for cultures and for businesses. What needs to change?

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Lateral Thinking in Business Strategy

Destination Innovation

How can you differenitate your business from the competition? This clever move diversified their platform and added a new dimension to the travel industry. Let’s look at some examples of lateral thinking in business strategy and innovation. Nintendo Wii’s Motion Controls : What radical feature can we add?

Strategy 169
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Is Zoom video a competitor to Hugo Boss?

Idea to Value

And just as importantly, the question of how often business travel is actually required , when you can now meet clients virtually and still conduct business effectively. It is just another example of companies not necessarily realising who their real competition is. It is not just other companies who produce what you do.

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