Tag Archives: innovation

Leveraging Innovation Networks

How can you make the most of your social and business networks to transform your business and quickly innovate to stay ahead of the competition? In today’s modern world, innovation can often mean the different between success and failure. Sticking with the same business model and range of products or services in the fast-moving world of business can leave you

Read more

The Cluetrain Manifesto — A Recommended Read for Digital Strategists!

Digital strategies are crucial tools for mapping a brand’s journey in the online world, answering fundamental questions about brand identity, visibility, authority, and content creation and management, among other aspects of maintaining a consistent online presence. If you are in the process of developing your digital strategy, it might be interesting for you to read the book called The Cluetrain Manifesto

Read more

Three Best Practices for Leveraging the Crowd for Idea Creation

As organizations transform by and through migrating to the cloud, they face a challenge of scaling rapidly in ever-shortening timeframes to achieve or to retain a competitive edge. This requires change management on an unprecedented, global scale and hence, requires organizations to use their resources flexibly whenever required. This is only possible if the organization’s leadership realizes and understands the

Read more

Three Ways to Co-Innovate with Universities and Business Schools on New Scenarios for the Cloud

During a recent follow-up research, to bring myself up-to date with newer efforts, I stumbled across the OPEN INNOVATION BLOG. It offers extensive resources, research, discussions, and applications of “open innovation”—the idea that firms should remain open to ideas from outside as well as pursue and leverage internal innovation. It intrigued me to find opportunities that could support the current transformation

Read more

Merge Fragmented Service Expert Groups for One Common Service Component of Your Platform

Innovative service functions leverage technology platforms and service components to move away from their traditional roles by accommodating the new, high-value-added services and business models. An efficient method of strengthening the service component of a technology platform is by identifying and merging fragmented service expert groups within a service function. UNDERSTANDING INTERNAL FRAGMENTATION Service experts act in a supporting role,

Read more

Commander Chakotay on the Role of Innovative Service Functions

Culture is the most endearing aspect of a company. And in face of digital transformation, it becomes the most problematic impediment to change management and, hence, to the smooth transformation of the company. The impact of cloud computing and the Internet of Things (IoT) is changing the rules of the marketplace, and to meet this new reality, new business models

Read more

How Leaders Can Ride on Top of the Waves of Innovation

In an age of hyper-scalable businesses, staying abreast of innovation is crucial to the sustainability of every organization. However, as we have seen through the decade of digital transformation, many giants have had challenges to do that, at times because the innovation was exceptionally “true” (e.g., cloud and big data), but at other times because they did not pay heed to the

Read more