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How Competitive Benchmarking Misses the Mark – And What Anticipatory Leaders do Instead

Daniel Burrus

Why does this happen, and how can you as a leader resist the urge to benchmark against the competition? Whether you consciously or unconsciously copy something from who you perceive as being your competition in business, this occurs because a company has disrupted you.

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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.

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The Ultimate Competitive Advantage: Investing in Your Employees

Business and Tech

A competitive advantage. Gaining that competitive advantage involves addressing what Koslow calls the three “pillars” of a healthy company culture: community, purpose, and growth. This trend is not going away any time soon.”.

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Why Laundry Is the Competitive Edge Landlords Need

Business and Tech

The rental market is volatile — and competitive. A big trend is more and more connected laundry, and the flexibility and freedom that offers,” says Shawn Ashby, a Whirlpool laundry brand manager at Whirlpool Corporation. Another trend is flexibility in both cycles and capacity.

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The Business Opportunity of Embedded Analytics: New Findings from 500+ Application Teams

Speaker: Josh Martin, Director of Product Marketing, Logi Analytics

But most companies don’t realize that the features they embed and how they develop have a lasting impact on revenue, customer churn, and competitive differentiation. Join Logi Analytics as they explore new survey findings and trends.

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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?

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Five Technology Trends Driving Manufacturing (Are you on Board?)

Daniel Burrus

New manufacturing plants will utilize the latest technologies in an effort to increase productivity and competitive advantage. Five Tech Trends Impacting the Manufacturing Industry. Leverage These Trends with an Anticipatory Mindset.

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Times of change: 5 business trends to stay competitive

mjvinnovation

Therefore, business owners and managers must be aware of emerging business trends. These trends will address organizational challenges and help strengthen your business. The following five business trends will help you stay competitive. Yes, empathy is a business trend. Proponents of empathy as a business trend point to three reasons that explain its importance. Flexible Work. Remote work is changing the global workspace.

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A new competitive edge

The Future Shapers

This will serve in following up with the probes, monitoring them and examining external trends. A new competitive edge. With uncertainty being the only certainty, an iterative (product-like) approach to strategy has the potential of offering a competitive edge to any company fully committed to this path. In a VUCA world the traditional competitive advantages are fast dying out. The post A new competitive edge appeared first on The Future Shapers.

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Emerging Trends in the Automotive Sector

IdeaScale

Perhaps no industry has been as proprietary about their intellectual property as the automotive sector where their product development is their competitive edge. However, no matter what automotive company you work for, there are some emerging trends that will impact your roadmap. Here are just a few of the emerging trends that we’ve seen. Who is going to be most excited about this new trend?

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Positive Disruption using Hard Trends and Soft Trends

Daniel Burrus

This is the difference between Soft Trends and Hard Trends. If you don’t like a Hard Trend, there isn’t a way for you to change it. However, if you don’t like a Soft Trend, you can easily change it to your advantage. This is a Hard Trend, while a Soft Trend would be whether you will transform your business processes. The smart watch business is already filled with competition; however, by using Hard Trends, you can stack the deck in your favor.

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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.

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Meta-Trends & Mindsets

Yet2

I want to share with you his thoughts on meta-trends he presented in “ Technology Converts Scarcity into Abundance.”. Below is an overview of his presentation that covered the meta-trends he’s noticed. Trends in Food: Functional Foods, Superfoods, Eating Less Red Meat.

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Trends in Training & Development

InnovationTraining.org

Learn about the latest training trends and practices here. Today’s workforce is competitive, goal-oriented and self-motivated. In this article, we’ll cover some of these top trends in training and development in the year 2020 and beyond.

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Monitor Drivers of Change to Maintain Competitive Advantage | ITONICS

ITONICS

Constant monitoring of trends, emerging technologies, startups, and competitor activity is necessary to see what is happening in your business environment. Companies can identify disruptive trends and be early adopters by recognizing emerging opportunities. Environmental Scanning $Innovation OS $Trend & Tech ScoutingEnvironmental scanning can also be helpful in addressing potential risks before they impact your business.

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Trends First, Solutions Second

IdeaScale

This also means that organizations need to be trend tracking so that they can always include these signals as part of their initial review of existing information that informs their solution seeking. In order to constantly be building a repository of information, you can also ask for customers and employees to be adding to your trend tracking. IdeaScale also supports idea linking so that administrators and moderators can group ideas according to themes or trends as they emerge.

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Accelerate Growth Using Hard Trends

Daniel Burrus

By learning to separate the Hard Trends that will happen because they are based on future facts from the Soft Trends that might happen because they are based on various levels of assumptions, you can learn to become anticipatory in both your planning and execution and discover new and powerful ways to accelerate your growth and success. Hard Trends represent future certainties—things that we know with absolute confidence will occur. Hard Trends can help with that.

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How to Transform Your Supply Chain: Digitization for Decision-Making

Speaker: Hannah Testani, CEO of Intelligent Audit

The future of the supply chain industry will take the emotion out of decision-making by leveraging innovative technology to transform raw data into actionable intelligence. Join us for this exclusive webinar with Hannah Testani to learn how to improve your company’s bottom line and, ultimately, your end customer experience.

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6 Trends for Every Salesperson

Daniel Burrus

There are several new business trends taking place—all of which affect salespeople in every industry. Understand what the trends are and how to maximize them so you can maintain a successful sales career. Prove that you’re a time saver and people will choose you over the competition. The more you understand and adapt to today’s current business trends, the better your sales will be—today and in the future. Are you anticipating future trends in your sales career?

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Key Technology Trends to Watch in 2023: From AI and 5G to Quantum Computing and Cybersecurity

Tullio Siragusa

The Trends Artificial Intelligence and Machine Learning AI and ML are expected to continue to be integrated into a wide range of industries, from healthcare to finance to retail, to improve efficiency and productivity.

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Tech & Trend Radars: How To Never Miss New Business Opportunities

ITONICS

New technologies and trends can either cause disruptions or opportunities for your company. That is why an early-warning system about such game-changers is essential for any business to stay competitive. Trend Management Opportunity Spaces Technology Management

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Keeping Up with Trends and Technologies: A Simple (but Powerful) Guide

ITONICS

Keeping up with trends and emerging technologies is essential for any business that wants to stay competitive. An effective trend and technology scouting process is key to keep an overview of drivers of change and to spot innovation opportunities at an early stage.

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Strategic Drift: How to avoid losing competitive advantage

Cascade Strategy

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. But their failure wasn’t overnight, management knew that digital photography represented a serious threat to their existing business and neglected the reality of their environment until they lost most, if not all, of their competitive advantage. What is strategic drift?

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

Daniel Burrus

Given the skills that allow them to identify the Hard Trends that will happen and the many opportunities they represent, they’re often able to achieve extraordinary levels of success. Further, if your Futureview is based on the certainty that Hard Trends can offer, people have the confidence to make bold moves. The post Complacency won’t Just Hold you Back, It’ll Accelerate the Competition. Anticipatory Organizations are always looking forward.

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What the digital transformation trend means for technology resellers

The Future Shapers

And finally, what are the potential benefits that are enticing so many businesses to inquire about this new trend? More and more businesses have started to realise that to remain competitive in today’s increasingly digital marketplace, they need to begin and progress their transition towards digital transformation. The post What the digital transformation trend means for technology resellers appeared first on The Future Shapers.

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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. While some industries have been affected more than others, it’s a Hard Trend that the transformational changes caused by digital disruption are increasing in frequency across the board, and will continue to do so.

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4 Corporate Innovation Trends Set to Disrupt the Business Landscape in 2021

Qmarkets

From nascent technologies to emerging innovation strategies, we have identified 4 of the key corporate innovation trends to help you get ahead, so that your business will be ready for whatever next year may bring. The Top 4 Innovation Trends for 2021 1.

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Top 10 CPG Industry Trends For 2020

Acuvate

In the coming years, the transformative trends in the CPG industry will be driven by data and technology, services that focus on customer centricity and smart supply chains. In this article, we outline the ten trends that will most affect the consumer-goods sector in 2020 and beyond.

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Leading Experts Share Challenges in Human Resources During the Pandemic and Trends in Employee Health and Wellness

Business and Tech

Wellbeing isn’t just a perk; it’s a competitive advantage. Are there any initiatives or upcoming trends in employee health and wellness that you personally support? During the pandemic, the relationship between employers and employees has changed dramatically.

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5 Key Cloud Computing Trends to Watch in 2022

Acuvate

5 Key Cloud Computing Trends to Watch in 2022. Thus, it becomes imperative for businesses to acclimate to the existing cloud technologies and bolster their hold on the trends that would define the future. The post 5 Key Cloud Computing Trends to Watch in 2022 appeared first on acuvate.

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Digitalization – An Unstoppable Mega Trend

The Future Shapers

Digitalisation is a mega trend that will influence the building of future society. As a mega trend, digitalisation has the ability to find ways to bypass any obstacles and resistance in its path to influence tomorrow. But many companies and organizations try to resist mega trends in different ways with the illusion that it is possible to contain the digitalisation. Most mega trends cannot be contained. History tells us this and current mega trends are no different.

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Discovering the Trends of Tomorrow with AI

ITONICS

Many companies nowadays face the challenge of drawing the right conclusions and implementing them from a variety of technologies, trends, and innovations which are difficult to comprehend. This can lead to a significant competitive advantage, especially in large companies.

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Key trends in 2022 that can influence your business model

The BMI Lab Blog

Identifying trends is at the foundation of long-term success Nowadays it is increasingly complex to keep pace with new market trends , because changes happen very quickly. Entrepreneurs will be responsible for growing and adapting their businesses to new trends.

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Five Data Security Trends to Implement in Your Company

mjvinnovation

In an increasingly competitive world, protecting corporate data is critical. Follow along to learn why data security is so important as well as the main trends within the field! Below are five data security trends that you might want to implement in your company today!

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2019 USPTO Patent Statistics: Breaking the Trend

Anaqua

Business alignment will lead to not only more focused patenting strategies, but also more effective plans for pruning, licensing, and competitive actions. Khyle Eaton, Product Manager of Business Intelligence at Anaqua.

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Trends in Innovation in the Chemical Industry

Yet2

Nearly 100 leaders in the chemical industry gathered to learn and discuss key topics such as efficient innovation project management; ideation methods to boost innovative thinking; growth through partnerships – maximizing success by partnering with innovative startups; practical approaches and specific innovation trends in nanotechnology, CO 2 , food, and plastics; and more. The post Trends in Innovation in the Chemical Industry appeared first on yet2.

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The Value of E-Learning and CMOE’s Top 5 Trending Courses

CMOE

40 percent of Fortune 500 companies use LMS extensively to remain competitive. These five topics are currently trending in our market, but CMOE’s digital library offers many additional on-demand learning courses that focus on leadership and workforce development.

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Top 8 Digital Workplace Trends for 2019

Acuvate

However, adapting to the latest digital transformation trends in the workplace has always been a challenge for organizations across the globe. But keeping abreast of changes in the market and adopting newer trends that will produce favourable business outcomes is critical. In this blog, we’re going to preview digital workplace trends that are going to have the most impact on enterprises this year. Digital workplace trend #1. Digital workplace trend #2.

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Don’t Be Fooled By These 3 Overhyped Trends

Innovation Excellence

That leads to disillusionment and the technology is almost forgotten until, some years later, it begins to make a true competitive impact. Innovation retail Robots TrendsThe Gartner Hype Cycle shows a remarkably consistent pattern. A new technology is first ignored, then begins to show promise and expectations get inflated beyond any realistic assessment of value.

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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.

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All Work and No Play May Not Help Your Bottom Line

Daniel Burrus

This concept is part of a trend I first identified in the 1980s that I call gamification. Anticipatory leaders, take note : gamification and its benefit are a Hard Trend in training that will only accelerate as technology increases.

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Future Trends 2021: Purpose & Co-creation

Be-novative

Connecting people virtually to co-create in a purpose-driven way accelerates positive business outcomes and unites people in finding meaning in transformative change, that is why Purpose & Co-creation projects are trending in 2021.

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Top 7 Business Innovation Trends for 2017

Qmarkets

In this article, we look at a few key business trends of 2017 in different sectors and how they are redefining technology and business strategy this year. Plus, we analyze the logic and reasoning behind these global trends, how they are reshaping industries, and the ways in which you can utilize them to further your business and get an edge over the competition. The trends we discuss below include both emerging business as well as technological models.

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