Tag Archives: technology

Insight #2: BIF Summit 2016

Insight #2: BIF Summit 2016 - Innovation Excellence

The Business Innovation Factory (BIF) Summit has no theme beyond presenting remarkable stories about transformation. Participants themselves discover patterns, aha’s, and insights that make sense for them. That’s what happens when you put stories of transformation together with curious people from all walks of life and many different fields. I’m sharing my top 10 insights from BIF2016 in a series ...

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Welcome to the New Era of Automation

Innovative IoT's Ups and Downs (Still) Hinge Largely On Security - Innovation Excellence

When Netflix put the Video Rental Retail stores in their coffins, there was still a sizable segment of people who missed the convenience, were suspect of a mail-order or streaming subscription service, or simply didn’t have the connectivity to enjoy it. Enter, RedBox. A new smart-automated adaptation of the Blockbuster model, scaled down to be easy-to-manage, easy-to-implement, and easy to ...

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It Takes More than a Big Idea to Change the World

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In 1882, just three years after he had almost literally shocked the world with his revolutionary lighting system, Thomas Edison opened his Pearl Street Station, the first commercial electrical distribution plant in the United States. By 1884 it was already servicing over 500 homes. Up till that point, electric light was mostly a curiosity. While a few of the mighty elite could ...

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CPG Brands Struggle as Consumers Demand ‘Supply Chain’ Transparency

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Understanding consumer needs and demands and then adapting to them often requires companies to change their processes and innovate. In a recent podcast, AgFunderNews addressed how CPG brands are struggling to be transparent throughout the supply chain. As consumers shift and become more socially and environmentally responsible, Fortune 500 companies and startups are seeking R&D consultants like PreScouter to uncover ...

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The Next Frontier: Why innovation needs exploration

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  In Sapiens, Israeli historian Yuval Noah Harari argues that it was the exploratory mindset that led to European dominance over the world. Other empires, such as the Chinese and the Ottomans, had far greater military and economic power in the 18th century. Yet, it was the Europeans quest for understanding that made the difference. To explore, you first need ...

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Innovation Is The Only True Way To Create Value

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In The Outsiders, William Thorndike argues that the most essential skill for a manager is capital allocation. To prove his point, he profiles CEOs such as Henry Singleton of Teledyne and John Malone of TCI who, while not household names, achieved outsized returns by wisely deploying their firm’s resources. Thorndike also points out that most CEOs get their jobs not through exhibiting financial ...

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How To Connect People To Drive Innovation

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What is Bimodal People Management? It might be the next stage for your HR department. A new chapter that takes HR on an exciting journey of exploration into uncharted territory of business transformation. A new way of working that fosters creativity and connects more people than ever before. A new HR mindset that adds more value than ever before. What ...

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