Before firms jump into the space of bigger, more transformative, innovation there are several conversations that need to occur but rarely do. Here are three good conversations that should occur before launching a transformative innovation effort.
True product differentiation is the most sustainable, long-term source of competitive advantage for a retailer or apparel/footwear manufacturer, yet most find it difficult to provide a persuasive business case to get new projects approved and funded. Here are 6 ways to make it easier.
While navigating the ever-changing landscape of regulations, how can large F&B organizations understand how much they’re spending on regulatory compliance and whether that investment is sufficient and effectively allocated?
The cost of cyber-attacks on the global economy is estimated to exceed $6 trillion by 2021, averaging $4 million per company per attack. With such a high price tag, the risks that accompany smart operations may seem to outweigh the benefits. This could not be further from the truth.
Here are practical steps to equip you with the knowledge and insight needed to advance a smart connected operations initiative within your organization.
Smart connected operations allow manufacturers to leverage emerging technology to tap the well of data at their fingertips, creating insights at scale that can be used to improve operational performance and discover new business models.
Lost time. Lost resources. Lost opportunity. These three themes characterize the major sources of waste in any manufacturing site that does not use smart asset management tracking.
Implementing an IoT solution can be a challenging initiative. Implementing an IoT solution within an industry bound by numerous rules, regulations, and restrictions can make it feel impossible.
What will it take to compete and win in a dynamic, digital world? We’ve got 21 innovation imperatives to help you prepare, equip and evolve to compete and grow in the 21st century. Expanding the scope of innovation beyond product to include services, experiences, business models and new markets is critical to delivering long term results.
Strategic foresight enables companies to build a proprietary view of the future to drive breakthrough innovation. Some Strategic foresight projects include Participatory Futures, which are immersive experiences in a simulated future environment that help innovation leaders gain insights in to new products or service opportunities