Too many leaders succumb to fear of missing out (FOMO) when new tech trends emerge and demand that something – anything – using the new tech be implemented immediately. This leads to wasted investment, missed opportunity and disillusionment about the new landscape. Emerging technologies are critical and demand attention and
Tag: innovation
Rather Capitalizing On Their Data To Expand Capabilities, Spur Innovation, And Enhance Growth, Insurance Companies Are Still Striving To Make Data More Accessible, Shareable, And Actionable
Key Messages Insurers often tend to treat and quantify data as a short-term expense managed for individual functions or projects, rather than as a strategic asset that should be continually nurtured for long-term, enterprise-wide gains. Siloed systems, talent gaps, and risk management challenges, are among a multitude of possible obstacles
Cloud Innovation Strategy: Four Potential Circumstances For Future Of Cloud Innovation Programs In Any Organizations
Cloud innovation programs have competing priorities across the c-suite. Organizations can better align business outcomes with technical requirements and gain economies of scale across these programs with scenario thinking. Introduction What if a large hospital system could aggregate all of its data for opioid prescriptions – how many milligrams were
Innovation Contests: How To Avoid Innovation Contests Pitfalls And Raise Overall Level Of Creativity
In 1714, the British government offered a cash prize to anyone who could devise a practical method of determining longitude at sea. In more recent times, open innovation contests have tackled challenges ranging from the silly (Frito-Lay’s Crash the Super Bowl campaigns invited consumers to shoot a funny Doritos commercial)
COVID-19 Impact: Innovation Is The Need Of The Hour In Cybersecurity
The world of technology is always evolving, and the threat landscape is continuously adapting and expanding. That part isn’t new. As with many other areas of life, though, 2020 seems to have shifted the playing field and changed the rules a bit more than usual. Privacy and security are simultaneously
Indulgence And Innovation: Luxury Branding In A Post Luxury World
The Definition Of ‘Luxury Branding’ Is Changing. In the past, luxury used to be all about pleasure, exclusivity and opulence. Now, modern consumers, like the millennial generation, have begun to see the traditional concept of ‘luxury’ in a negative light. Extravagance is overrated. Today’s shoppers think differently about the items,
The Cybersecurity Peaches: How Innovation Is Affecting A Lemon Market
Depending on which analyst firm you subscribe to, it is estimated that in 2019 global enterprises will spend between $80-$120 billion on security software and services.
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Top 9 Tips In Driving STEM [Science, Technology, Engineering, Math] Innovation
Some of the top tips in driving STEM innovation, that is, in science, technology, engineering, and math.
