Nokia was once the king of mobile devices – holding the title of best-selling cellphone brand for 14 years in the late 1990s to the early 2000s. It has made numerous iconic phones including the 1999 Nokia 3210, one of the first phones with the popular snake game, and its successor the 2000 Nokia 3310 …
The Reinvention Of Nokia: How It Failed At, Then Mastered Innovation Read More »
One of the many things that are constant in today’s business environment is the threat of an impending crisis and disruption. From the oil crisis of the 1970s to the global supply chain disruptions in 2022, businesses around the world have been grappling left right, and center with crises that seem to pop up out …
Where can I find opportunities to innovate in a post-pandemic world? Read More »
Managing a business can oftentimes feel like you’re looking through a kaleidoscope. No matter how hard you squint, you’re just never fully certain of what lies ahead. The future seems like a tantalizing blur of possibilities. And for many business leaders, the “what if’s” are left to be mere afterthoughts. Unseen opportunities and pitfalls lurk …
How Strategic Foresight Reveals What’s Hidden Around the Fringes Read More »
There’s a thin – and I mean, very thin – line between unprecedented success and unanticipated failure. One misstep, one wrong move, can make your business go down as a legend in history books as one of the greatest booms or busts in the world of business. We’ve seen this happen, time and time again, …
When Unicorns Stumble: Lessons From Venture Capital Read More »
In today’s rapidly-changing world, your company’s innovation initiatives determine whether or not your company survives the test of time. After all, new ideas are what propel a company’s success. Look at fintech giant GCash, consumer electronics manufacturer Dyson, and media streaming platform Netflix. These companies have been the definition of success because of their new …
How can you train your employees to become innovative? Read More »
There are only three things that could give up a glimpse of the future: a time machine, the palantír from Lord of the Rings, and strategic foresight. Unfortunately, business leaders only have access to the last one. Strategic foresight is not just a figment of imagination. It’s a real-world compass. This tool isn’t a matter …
5 Ways to Plan Your Business Strategy with Foresight Read More »
There’s this spark that ignites whenever a new idea is born – a flash of genius, a lightbulb moment. Often, this spark transforms into a raging fire that electrifies markets and redefines our daily lives. But is that an invention or an innovation? When there’s a flicker of an idea that ends up setting the world …
As the world continues to move faster and faster, so should your company’s pipeline of ideas. The best ideas come from your walks on Sunday mornings, lunches in coffee houses, long showers when you’re busy thinking about how much work you have to do. Clearly, ideas come from the outside – brought to life by …
Amazon’s Alexa just got a new competitor. Alexa used to be, what I would argue, one of the best consultants in the world. No matter where you are – whether you’re on a run, on the kitchen counter, or in the living room – you can ask Alexa anything and you get an answer right …
Iteration is a crucial part of any innovation process – that is if you want to see any form of success in your innovation initiatives. One way you could ensure that iteration is a core part of your innovation process is by using the Build Measure Learn methodology. It puts customer feedback and partnership at …
