In spite of the new explosive capacity for growth in both the energy and manufacturing sectors, “And only 24% of energy professionals consider their company to be ahead of the competition.” This disparity exists for a number of reasons, but often because a company’s innovation capabilities are not aligned with a repeatable innovation process. So what are the key inflection points for manufacturing and energy innovation?
Data breaches at large companies like Facebook and Delta Airlines have brought cybersecurity to the forefront of boardrooms across the world. Major corporations, the healthcare industry, and even the federal government are all monitoring network and digital infrastructures closely. However, many individuals have a hard time grasping how cybersecurity is essential to them.
The pace of technology is often what sets the pace of overall innovation progress. Design thinking and innovation thought leaders have called innovation the sweet spot between desirability, feasibility, and viability.
One of the most popular resources that IdeaScale has ever created was our white paper about how crowdsourcing was going to impact the financial sector. I think the reason why that white paper was so popular was because crowdsourcing was just one of many emerging trends that were beginning to shake up the financial sector. Other financial trends included the emergence of blockchain, sophisticated hacker schemes, and much (MUCH) more.
Systems security is one of the top five concerns for business executives this year. In the past two years, we’ve had some very troubling and very public data breaches of systems that we use every day. So it’s no wonder that the government (and other sectors) are prioritizing security for cloud software this year. But why are they doing it? Well, there are four key reasons that security matters for innovation management systems in particular:
In a recent article, The Financial Brand discussed the biggest threats to the financial and banking industry. They included a long list of everything from profitability to making good hiring decisions. However, we thought that there were a few problems that could be particularly fruitful when applied to open innovation systems.
The IoT (or “Internet Of Things”) is becoming a more popular topic of conversation these days. Many have already realized this with regard to individual use (say, through fitness trackers) or “smart homes.” But the IoT can also have a huge effect on the workplace – here’s how.
October 4, 2016: These days the wisdom of the crowd is helping with everything from decoding war correspondence from 150 years ago to studying breast cancer and preventing terrorism. The conservative parties in both the US and UK are even asking the crowd for help— on topics previously reserved for top strategists.
Six major forces are driving change in today’s world. Developing a successful innovation program requires that your organization understand and master all of them.