The Economy

The Changing Customer

Changing Customer

In previous articles I’ve spoken about how the pace of change is accelerating, and how for many people (and organizations) things are changing so fast that they feel overwhelmed and that things may be changing faster than some of us humans are able to absorb. I’ve spoken about how we are in the middle of a period of discontinuity thrust upon us by...

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Today Every Company must be a Service Provider and a Software Company

Companies will need to think innovatively about customer needs. CEOs must ask ‘In the IOT what is our new value proposition?’ Firms will have to hire software engineers to design and deliver service solutions based on usage data. They will need data analysts to review all the data they gather from their devices. In other words every company will have to become a service provider and a software company – or perish.

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The Access Economy

When Henry Ford started his company in 1903, he did more than just create a car or an assembly line (neither of which he actually invented). What he did was establish an entirely new form of organization, culminating in the vertically integrated River Rouge complex that was completed in 1928.

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The Five Hottest Innovation Trends

The start up craze. 3-D printing. Uber, AirBNB and the unstoppable On Demand Economy. We first reported on these and other driving forces of change in the inaugural issue of InnovationTrends (May, 2014). Only a year ago, we were just hearing about the “sharing economy” (since renamed the On Demand Economy), today the mainstream media reports on these trends constantly. Check out these top five I-Trends:

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The Future Of Money

It’s easy to see how money caught on. It was a much more efficient way to transact business than bartering one good for another. Money was also a useful store of wealth, certainly more convenient than livestock or grains. These two core functions—a medium of exchange and a store of value—still define money today.

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Editor's Pick: Help Launch Derrick Ashong's World Cup of Hip Hop on IndieGogo

The Editors Pick this week is Derrick Ashong's Take Back the Mic: World Cup of Hip Hop - a global competition for musically inclined youth and their fans. From Ghana originally, Ashong understands that the most powerful way for global youth to find their own powerful original voices is to (have them) Take Back the Mic. This is an IndieGoGo campaign worth checking out and funding.

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