Innovation Management

May 25, 2018
Music is the universal language of mankind—a great uniter. It’s astonishing how music can connect souls, overcome barriers, and bring people closer. It is something that people who differ on anything and everything can have in common. The World Music Hackathon is a festival of music, innovation, and creativity. We are pushing down the boundaries […]
April 30, 2018
Digital transformation is real, today, and here to stay; there is no debate about that. However, organizations across industries vary significantly in the transformation process they adopt. Of the few common practices, the one that's highly debated is the position of a Chief Digital Officer. The argument is that if Digital is the only way […]
April 25, 2018
Innovation in Healthcare People understand that innovation in healthcare needs to become routine. That’s not the issue. High costs, no access to quality healthcare, and the dearth of committed medical professionals: those are the issues. Quick fact check Global healthcare spending is currently estimated at US$ 7.83 trillion and this figure is expected to increase […]
March 29, 2018
The startup scene is China, Japan, and Southeast Asian countries is flourishing because of changing attitudes, untapped local markets, huge human resources, fierce competition, and foreign investment. As Beenext founder, Teruhide Sato, said, “Asia has an abundance of issues like underdeveloped infrastructure and logistics, and they present great opportunities for startups to come in and […]
March 29, 2018
Companies have been struggling to get their spend on innovation right forever. While some like Apple succeed, others like Nokia don’t. So many have gone down fighting and disillusioned—clamoring for funds to take novel ideas to market or trying to get significant commercial returns from the millions already invested in research. For small businesses and […]
March 29, 2018
The Internet has had far-reaching consequences in every industry and the banking, financial services, and insurance (BFSI) sector is no exception. Online banking has largely replaced traditional banking, except in remote areas where a reliable Internet connection is an issue. Banking is increasingly becoming digital and financial institutions are being forced to rethink the way […]
March 28, 2018
Innovation is never easy, and in today’s world where everything is becoming digital, innovation is technology first and quite complex. Over the years, the linear model of innovation has been tweaked to include these variations—the phase gate model (e.g. NASA 1960), market pull (e.g. photo editing software), and technology push (e.g. Samsung Galaxy with touchscreen […]
March 28, 2018
Innovation is the key to gaining and sustaining competitive advantage, especially in today’s fast-paced, tech-fueled business ecosystem. Traditionally, many organizations used their own knowledge monopoly to innovate and deliver dominant technologies and products to the market. However, businesses soon understood that innovation cannot take place in a vacuum and it requires different points of view, […]
March 28, 2018
After a not-so promising start at the beginning of this decade, India has been climbing up the Global Innovation Index (GII) rankings in the last couple of years—moving to from 81 in 2015 to 60 in 2017. According to a 2016 Capgemini study, India was the best innovation destination in Asia and the third best […]
March 6, 2018
Although the term “innovation” has found a place in everyday diction, true, game-changing innovation still remains elusive. The increasing competition for customers, market share, and talent in almost every industry demands an innovative approach to business. Not only is innovation necessary for enhancing competitive advantage, it is a requirement for businesses to thrive as well […]