Posts Tagged ‘Innovation’
A Creative Way to Get Products in Front of Willing Buyers
Twitter is adding buy buttons. Instagram is doing the same. Amazon offers same-day grocery delivery in several markets. All of these are retail experiments to discover the ideal strategies that use technology to connect buyers to products in the systems that buyers find most convenient. It’s a very creative area in retail and one where…
Read MoreWhy Software Subscription Serves It Up Fresh
Take General Mills and its goal to eliminate artificial flavors and colors in cereals due to the consumer demand for simple ingredients. That’s easier said than done when entire product lines, food production, and recipes require overhauls on a massive scale. But, in the end, it’s a matter of market survival and a better product. Waves of…
Read MoreThe Next Wave of Manufacturing Industry Trends
Time and technology wait for no one, especially when you’re talking about the ever-evolving, fast-paced world of hardware manufacturing. Not only are advances being made in materials and connectivity capabilities, but hardware VC firms and incubators such as Bolt and Lemnos Labs are flipping the script on the traditional way of doing business—from seed funding to expensive tools and…
Read MoreDon’t Stop Believing: What to Do When Your Business Encounters a Setback
As much as we don’t like to admit it, setbacks are unavoidable in business. But what really makes the difference is not whether we encounter failures—because we all do—it’s how we respond to them. The experience of a setback in business reminds me of the Journey song “Don’t Stop Believing.” Even when the odds are…
Read MoreHow is a Business Ecosystem a Key Driver to Success?
In a Harvard Magazine interview, Rosabeth Moss Kanter, Chair and Director of the Harvard University Advanced Leadership Initiative, explained: “In Silicon Valley, there is a sense that you prosper only because you’re surrounded by lots of resources that make it possible to succeed, beyond what your own entity controls. Think of it as your garden,…
Read MoreWhat Uber Is and Isn’t—and How You Can Benefit
Uber is celebrating its fifth anniversary and it certainly has accomplished a lot in five years. It’s hard to imagine another company that has so quickly established a global presence. The last figures I saw said that Uber operates in 300 cities strewn across 58 countries. Let’s compare it to Starbucks, which certainly has an…
Read MoreChanges in the Manufacturing Industry: What Product Companies Must Do to Survive
I’m talking about every product company in every industry—toys, medical devices, cars, electronics. . . . They’re all facing disruption, and it’s very real because what businesses used to do before will not help them survive in the near future. They have to keep evolving. Four Factors of Transformation. Before product companies can make the…
Read MoreAre You Blockbuster or Netflix?
Kodak missed the digital revolution, and, like aging photos, faded with time—despite the fact it actually invented the first digital camera in 1975. Meanwhile, new and dynamic product categories for cameras, printers, accessories, and more were born and continue to flourish. Then there’s Blockbuster. “Be kind, please rewind”? Not so much for this company, which…
Read MoreWill My Job Be Completely Different Very, Very Soon?
How Innovative Does Innovation Need to Be?
