Digitization, automation, and other advances are transforming industries, labor markets, and the global economy. In this interview, MIT’s Andrew McAfee and McKinsey’s James Manyika discuss how executives and policy makers can respond.
Fast-changing markets demand rapid development of new products and processes. Thousands of tools and methods are available to help innovators discover what users want and how to deliver on their expectations. The challenge is to figure out which ones to use when. Luma Institute has created a framework to help you choose the best tool for each step of the innovation process, based on the people you’re designing for and the complexity of the systems in which you operate.
Booz & Company’s annual study of R&D spending reveals the tools that are transforming innovation—from customer insight to product launch. The study focuses on the digital enablers of the innovation process—how the most successful companies are, and aren’t, using digital tools and processes to improve speed, decrease cost, enhance quality, reduce complexity, and sharpen insight into customer and market needs to improve their innovation efforts.
Booz & Company’s annual study of R&D spending reveals successful innovators and brings clarity to a process often described as fuzzy and vague. In 2011, corporate spending among the Global Innovation 1000 increased 9.6 percent over the previous year,
Lit Motor’s innovative, gyro stabilised, fully eclosed motorcycle has just had its first test drive under power. Daniel Kim, Lit Motors’ founder and CEO made the test drive himself
Energy efficiency has become one of the most important trends of the 21st century, and rightfully so. One one hand, there are rising concerns about the reserves and limited capabilities of traditional sources and increasing environmental awareness.
With all the latest fuss about the consumer-focused smart phone applications it is easy to neglect some of the more world-changing implementation of mobile phone technology. A number of innovative smart applications are really transforming the world, along with the drive to smart cities and the nascent machine-to-machine industry.