Innovation is the key to developing solutions to the world’s most pressing problems. Inclusive innovations are the solutions to the problems and pain points of those who are forgotten and excluded. These innovations, ranging from high-tech solutions to simple revisions to existing processes, work to ensure no one is left behind because of social barriers, …
A startup is not just any ordinary business. Startups are visionaries. They are eager young companies that have dreams of making it big, constantly looking for the next opportunity, and working hard to make their unique business idea a reality. But to do these things, finding the right home base for your business is crucial. …
New technology has disrupted seemingly every aspect of our lives. During the Covid-19 lockdowns in 2020, everyones’ lives changed in the blink of an eye. How everyone worked, communicated, and traveled is drastically different from how they were done back in 2019. Much of the technology in the world today would have been unthinkable just …
Innovation in Sports? New tech will change football forever Read More »
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 …
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 …
What works today won’t work forever: The fall of SLR cameras Read More »
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 …
SNAPSHOT: How did Southeast Asia do in the 2022 GII? Read More »
In today’s world, consumer needs and wants are rapidly changing. And that means business models expire just as quickly. Today a physical product being sold by a large corporation may be profitable, but tomorrow a digital product can easily displace it. Today one sales channel works, but tomorrow a more convenient one can pop up …
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 …
Shell has used corporate foresight to inform and de-risk its decision-making and operations since the 1960s. The future has always been uncertain; no one can know what exactly will happen. But the world today is full of signs, hints, or signals of how the world might change in the future. Corporate foresight is used to …
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 …
6 things you need to know to innovate successfully Read More »
