Strategic foresight is a discipline that provides a structured way to investigate, not predict, the future. Strategic foresight scenarios are provocative, yet plausible, alternative views of the future. But where did this idea come from?
Strategic foresight is a discipline that provides a structured way to investigate, not predict, the future. In the research and development context, strategic foresight is advanced portfolio management, where projects are selected based on robustness across multiple future scenarios.
Smart factories, enabled by augmented reality, predictive analytics, and the digital twin, may not be as futuristic as you think. Need inspiration to get started? Here's our vision of the factory of the future, and the people and processes that will be impacted.
Multi-category retailers design and develop a huge array of product types, often with vastly different development processes. With so many possible variations, should multi-category retailers align all product development teams onto one PLM platform, or use multiple systems?
How can hard goods manufacturers or retailers build on the PLM use cases from other industries, and what unique value can a PLM transformation offer to them?
The internet of things (IoT) is an emerging technology that has the potential to disrupt the manufacturing industry. Here are some two important ways IoT can benefit manufacturing, and some examples of companies with effective IoT manufacturing strategies.
The traditional approach to planning, one that is linear and functionally-driven, is broken. Here are the benefits of an Integrated Planning approach, and five factors to keep in mind to set yourself up for success.
Data is considered a vital strategic asset, but for most companies, the lack of usability, integrity and availability of the data impedes the ability to harness its total value. Data governance can help, but requires these six factors for true success.
Considering an open innovation initiative? Don’t take it lightly. For B2B companies who face unique additional challenges, identifying and achieving value can be especially difficult. If your company sees the value and is ready to get started, here are four critical steps that will help ensure success.
We hear a lot these days about applying open innovation concepts to improve innovation and product development processes. The value is clear for B2C companies, but B2B firms have different challenges and needs that have caused many to hold off. Despite the challenges, the open innovation payoff for B2B companies is significant if done correctly, especially in today’s resource-constrained R&D environments.