Posts Tagged ‘Innovation’
Think PMI is TMI? Here’s Why 3D Models Need Product Manufacturing Information
Although it’s fascinating to check out a napkin sketch by a famous architect—the germ of an idea that grows into a monumental project—you wouldn’t expect that sketch to serve as the actual plan to build it. But that’s what product manufacturers face too often when receiving information about what a client wants them to create. But there is a…
Read MoreCan the Sharing Economy Boost Happiness?
The sharing economy makes it possible for you to live a great lifestyle without owning the things you have the desire to use. Although the status of the American economy is thriving, the cost of living seems to be outpacing wage growth. In efforts to maintain a middle-class lifestyle when the economic times are tough,…
Read More10 Innovation Myths for New Venture Founders to Avoid
Most people think innovation is all about ideas, when in fact it is more about delivery, people, and process. Entrepreneurs looking to innovate need to understand the execution challenge if they expect their startup to carve out a profitable niche in the marketplace, and keep innovating to build and maintain a sustainable competitive advantage. Everyone…
Read More5 Elements of Innovation That Are Not Product Related
Having a breakthrough idea or technology alone does not assure business success. “If we build it, they will come” may have worked as a movie theme for Kevin Costner, but as an investor, I tell entrepreneurs a great solution is not enough. Successful businesses require innovative people, who have built an abundance of innovation capital,…
Read MoreYou’re Not Going Crazy
Have you ever been watching TV while simultaneously playing a game or surfing the web on your phone and suddenly it feels like everywhere you look there’s an ad for the same product? For example, you just heard (because you were looking down at your phone) a TV spot for the latest Toyota vehicle and…
Read MoreCould Machine Learning Improve Work-Life Balance in the Future of Architecture?
For many architects, working nights and weekends is part of the job, especially when project deadlines loom. According to the 2018 Equity in Architecture report, 70% of architects surveyed don’t feel empowered to ask employers for work-life balance benefits, such as working remotely and flexible hours. But in the future of architecture, automation and machine learning (ML)…
Read MoreHow Much Do You Spend on R&D? Is It Enough?
Why do profitable, mature businesses die away? One of the most obvious reasons mature businesses die away—when we look in the rear view mirror—is that they did not spend to renew their product or service when newer entrants into the business arrived with better products and services built upon newer technology. Should be an easy fix…
Read MoreShould a Leader Support Constant Change?
The worrying that always precedes a change When a new CEO or manager is hired into a company, for a while lots of energy flows from the top and new ideas seem to be generated daily. It is one reason not to fear the unknown when upper level management long in place turns over, often…
Read MoreDon’t Recycle, Upcycle: Why Future Sustainability Requires a Circular Economy
It’s a fact: People like stuff. The more stuff they have, the better they think they feel. That means, in only a few decades—when the world’s population is expected to hit 10 billion—there will be a lot more people with a lot more stuff on Earth. So what can people do to help prepare the planet for a more sustainable future? One…
Read More6 Ways to Prepare Your Company for the Future of Work
It’s time to take the drudgery and dread out of work at your business. You don’t like it, millennials won’t put up with it, and current productivity levels at work continue to decline. Only 32 percent of American workers are even engaged at work today. Most workers are still rushing to retirement, where they hope to escape…
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