Great power shifts to watch

Here are 10 trends to watch that will have a major impact going forward according to Thomas W. Malnight and Tracey S. Keys of IMD: 1. Social everything: New generations and their digital world stepping forward Social technologies are now a central part of everyday life and work. The social generations are reshaping companies from the inside, helping them to …

Next ‘big thing’: A product of time and hunger

Entrepreneurs, investors, advisors … We are all in the search of the next big thing – trends, ideas, companies, investments. I admit I can relate to this, but we are much better of slightly changing the focus and spending the energy on searching for those who are hungry for success – be it partners, entrepreneurs, ecosystems… We like to work …

Next gen Entrepreneurs: Get high on agility

The sustainability – short-termism paradox As we have entered the post credit crunch era, entrepreneurs face new challenges demanding a move away from short-termism to a sustainable social, environmental and financial performance (cf. the triple bottom line), and face the uncomfortable tension between the long term focus needed for sustainable development and the prevalent short-termism (investors returns on investment requirements, …

Want something you never had? Do things you never did!

The Advanced Technology Group is a network consisting of nine independent Danish research and technology organisations – the GTS institutes – who have developed the 110 proposals currently filed at ‘Better Innovation’ (www.bedreinnovation.dk). Here is the sad news: The vast majority (if not all) of the proposals relate to products and services. I am sorry, but this is wrong. Too …

This year’s heart of the curriculum – not that simple

Creativity, innovation, and entrepreneurship. Politicians strike it as a key component of the legislation. Business schools have recognized the importance of it, both in terms of establishing programs and building the right environments to foster these activities. Executives – both corporate and SME – emphasize the importance of it too: Creativity, innovation, and entrepreneurship is this year’s mantra against the backdrop …

Successful innovation

Value creation is driven by a continuous emphasis on balancing all key elements of the business architecture – solutions, customer experience, communication, processes, value capture, channels, etc. So, why do most businesses have processes to manage customer development or product development rather than business architecture development?