Insights

What is radical innovation?

What is radical innovation?

Innovation is the lifeblood of growth. Over the years, we’ve seen the rise of the internet; how smartphones replaced cameras, calculators, and calendars; how digital wallets like GCash promote financial inclusivity; and even the undeniable convenience of ride-hailing apps like Grab and Uber.  As uncertain as the future is, it’s quite safe to say that …

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What works today won’t work forever: The fall of SLR cameras

After more than 60 years, Nikkei Asia reported that Nikon would stop developing new single-lens reflex (SLR) cameras. The report detailed that Nikon has chosen to focus on developing mirrorless cameras, which have been increasing in popularity in recent years.  Nikon, however, labeled these reports as speculative in a statement and has not made any …

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SNAPSHOT: How did Southeast Asia do in the 2022 GII?

SNAPSHOT: How did Southeast Asia do in the 2022 GII?

Five Southeast Asian economies significantly improved their rankings on the 2022 Global Innovation Index (GII), a World Intellectual Property Office report on the state of innovation worldwide. Indonesia, Cambodia, and Myanmar jumped over 10 places to 75th from 87th in the 2021 GII, 97th from 109th, and 116th from 127th respectively.  Laos also improved its …

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3 horizons of corporate innovation

The 3 Horizons of Corporate Innovation

McKinsey & Company developed the 3 Horizons of Corporate Innovation model to visualize how a company grows as they take on innovation projects. Innovation projects and opportunities fall into three areas: opportunities within a company, in adjacent industries and markets, or completely new industries and markets. Many companies face a slowdown or stagnation in their …

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5 Filipino innovations that are improving our daily lives

Silicon Valley is usually the first place that comes to mind when thinking about innovative companies. Many innovative companies like Apple, Google, and Facebook have their roots in Silicon Valley. But Silicon Valley does not have a monopoly on innovation. South East Asia has a rapidly growing startup ecosystem that has built various innovative solutions …

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6 things you need to know to innovate successfully

All companies need to innovate to survive and thrive in today’s business landscape. A study by McKinsey & Company revealed that companies that invest in innovation during times of crisis have outperformed their competitors during the crisis and post-crisis. It is easy to see why this is the case. Innovation typically makes a company more …

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Innovation theatre works until it doesn’t: The rise and fall of Theranos

Theranos was once touted as the darling of Silicon Valley, with a peak valuation of USD 10 billion in 2015. Now, some say it’s one of Silicon Valley’s greatest disasters. The company once claimed that the machine they were developing, the ‘Edison,’ could consolidate and run 200 medical tests in a single device with results …

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Everything you need to know about venture capital-as-a-service (VCaaS)

In 2021, CBInsights reported that venture capital (VC) activity reached an all-time high, with funding amounting to USD 621 billion. This was a 111% increase from the previous year’s funding of USD 294 billion. While the latest CBInsights State of Venture Q2 2022 report revealed that overall VC activity slowed down worldwide, the amount of …

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