While 2016 saw innovation centers, intrapreneurship programs, corporate startups accelerators, and corporate FabLabs blossom, I expect 2017 to see the rise of a new kind of open-innovation centers: they…
A Verizon report highlights how big data complexity and a shortage of data science talent are hurdles for an IoT implementation, but we also have to remember the key…
The never-ending recession mentality in recent years has led many U.S. apparel companies to view outsourcing solely as a cost-saving measure. With a hypersensitivity towards profit margins, these companies justify…
The following excerpt is from Richard Koch and Greg Lockwood’s book Simplify. Are there any viable non-simplifying strategies? Of course there are. Consider the furniture industry, which boasts tens of…
It’s no secret that the life of project managers are intense — they essentially function as the CEO of their team, making sure that everything gets done at the…
When launching a IT transformation project, there are some steps you definitely don’t want to take, and 10 steps that could lead to success. Here’s how not to set…
According to AcuPoll more than 95-percent of new products fail each year. This harrowing statistic should sound an alarm, one that says the way we approach the conceptualization and…
Entrepreneurs have plenty to consider before expanding their business to international markets. In order to land smoothly elsewhere, entrepreneurs need a sturdy launch pad with strong internal management to handle…
Managing a single company doesn’t seem to be the go-to model anymore — probably because the digital market shifts so fast, and there are so few barriers now to putting…
Online advertising saw a 7.1% gain in 2016. It’s expected to grow by double digits in the next year. There’s a good reason for that. As consumers turn off the…
Have you ever been part of an innovation project that started off with big ambitions and dreams about coming up with disruptive innovations which are expected to be game-changing…
As big data takes hold in the business world, the cloud enables small and mid-sized businesses to take advantage of the concept. At its core, big data consists of…
You may have heard of the tradition of saving your first dollar from your first sale. Mom and pop stores have them framed near cash registers or tucked lovingly…
The amount of time board directors spend on strategy has been rising for at least the last decade. And most directors I work with want to commit even more time…
If you want your enterprise to be agile, look first at your data silos — silos packed with information — that keep people and departments from communicating effectively. …
As retailers strive to reinvent their customer experience and drive loyalty, many are opening innovation labs or centers that are focused exclusively on digital efforts or product innovation. While…
The underlying premise of any organization is to create value. Historically, firms have done so through engineering ever greater efficiency. By honing internal processes, optimizing the supply chain and…
Enterprises have plenty of data; now it’s time to put that data to work, answering questions such as “why” and “what’s next”. Remember when data was the end-all, be-all…
There are many factors that can contribute to the creation of a “unicorn.” A hardworking team, supportive investors and mentors, identifying an untapped corner of the market and a…
In Western society, we love stories of lone inventors. We tell stories of the persistence of key individuals like Thomas Edison and Alexander Graham Bell. We trot out stories of…