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Showing posts with the label innovation

Innovation & Survival: Two Sides of the Same Coin

                                                 CHALLENGE THE STATUS QUO FOR INNOVATION                      Photo CreditDabra Larson Business is a Two Way Street, Either Innovate or Perish Any business organization is a highly complex system that is comparable to advanced machinery. Like a machine it has multiple components, interacts with the environment in which it operates, needs to be operated by skilled people, exists for a specific purpose and consists of intertwined internal processes culminating into intricate input-output cycles. It must be observed here that any machine needs to be upgraded to an improved version over a period of time. This is necessitated by a variety of factors including but not limited to emergence of a better technology, enhanced ease of operation, wider service objectives, inc...

The New Wave of Entrepreneurship

There is a multi-trillion dollar economy opening up to technology faster than ever. It has been driven by trends that have changed the nature of how entrepreneurs will be characterized going forward; specifically, industry executives will be the next wave of in-demand startup CEOs. In April of 2007, Apple changed everything with the launch of the iPhone. It is hard to imagine that it has only been 8 years since the release of the first truly pervasive smartphone, but there is no denying its impact has been world-changing. Beyond the creation of a new dimension of industry-driven, by location-based, services (and with it, a myriad of billion dollar companies), an equally significant phenomenon emerged.  By creating technology that was intuitive to the consumer masses, every person around the world started to embrace technology as more than just a work tool.  Lawyers, doctors, car mechanics and people from every sector of the economy not only had a tool for productivity, but a p...