Posts Tagged ‘Innovation’
Is Your Business Building Its Competency in Software Development? It Should Be
You might think you’re in the automotive, architecture, manufacturing, or engineering business. But soon enough, you’re also going to be in the software business. That doesn’t mean you’re going to start writing code or slinging mobile apps. But whether you’re in construction or precision machining, in the future, your business will need to develop some…
Read More8 Key Principles to Keep Up with the Speed of Change
Things change so fast these days in business that your first priority as an entrepreneur is to stay current, by talking to customers, peers, and experts. Secondly, you must constantly communicate suggested changes to your team, implement necessary pivots, and realign all the elements of your business, including partners, investors, and vendors. No change means…
Read More2017 Tech Trends to Watch
As telecommunication service providers, TTI is intrigued by all things technology. Luckily, 2017 is a great year to be a tech geek. The tech trends this year range from advancements that have been predicted by entertainment for years, like artificial intelligence, to interesting hybrids of technology and common household goods. Here, we’ve compiled a list of…
Read More6 Top Business Communication Trends to Expect in 2017
For the first 95 percent of recorded human history to the present, communication was possible only face to face or in written form. Then, Mr. Bell revolutionized communication with the telephone in 1876. The next leap forward was the introduction of the cell phone in 1973. Since that time, the personal and business communication revolution…
Read More4 Steps to Optimizing Team Strengths for Innovation
Most entrepreneurs I know are individually very innovative, but a successful startup can’t be a one-man show (for long). That means they need to build an innovative team, which is not a skill that most people are born with. In fact, some very innovative individuals, known as ‘idea people’ or inventors, often end up creating…
Read More5 Industry-Changing Design and Technology Predictions for 2017 and Beyond
Sometimes the smartest, most innovative thinkers make fantastically wrong predictions. In 1878, electrical engineer Sir William Preece said the telephone would never put “messenger boys” out of business. In 1946, 20th Century Fox exec Darryl Zanuck claimed people would get bored of the TV after its first six months on the market. In 1977, engineer/entrepreneur Ken Olsen…
Read MoreOutsource Your Crazy
Two realities are colliding in business today, and they’re changing the way executives must think about creating new sources of growth. The first has to do with the ticking time bomb attached to large, conservative businesses. “In the next 10 years, 40 percent of the Fortune 500 companies will be gone,” according to research done…
Read MoreThe 3 Strategy Questions Leaders Need to Ask Right Now
Do you smell that? That, my friend, is the smell of freshly baked, ready-to-serve strategy. This familiar aroma is wafting through the halls of many companies this time of year as diligent executives return from retreats in fancy places to reveal the results of the heavy lifting called strategic planning. These sessions are as exhausting…
Read MoreThe Value of Feedback: How Talking to Customers Can Drive Innovation
As an entrepreneur, seeing your product gain traction for the first time is a rush. The early years of ContextMedia were some of the most exciting. During the summer of 2006, as rising juniors in college, we decided to act on a business idea we felt passionately about: bringing technology into the consumer healthcare space…
Read MoreHow Leaders at Large Companies Can Think Like a (Genius) Entrepreneur
I deeply believe there is a fundamental difference between the way entrepreneurs, and the people who work for large companies, see the world. As I said last time, entrepreneurs, innovators and inventors have “abundant thinking”—they see opportunity where others see obstacles and stop signs. Those “others” tend to be in charge of large companies, or at…
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