http://www.strategy-business.com/innovation NOTE: This INNOVATION feed will soon no longer be updated. Our list of feeds has changed. Please visit strategy-business.com/rss to see our new feeds and subscribe to continue getting updates. Thank you. Mon, 23 Jan 2006 00:00:00 -0600 Thu, 11 Jun 2026 03:01:34 -0500 melanie.rodier.milazzo@pwc.com (Melanie Milazzo) strategy-business@ravencreative.com (strategy+business webmaster) https://www.strategy-business.com/media/image/sb-rss_feed_logo-sb.gif http://www.strategy-business.com/innovation 134 50 https://www.strategy-business.com/rss?rssid=innovation&gko=a09f9 Our list of feeds has changed. Please visit strategy-business.com/rss to see our new feeds and subscribe to continue getting updates. Thank you. https://www.strategy-business.com/rss?rssid=innovation&gko=a09f9 https://www.strategy-business.com/article/Sustaining-Southeast-Asias-Momentum?rssid=innovation&gko=fdc96 Dynamism, a growing middle class, and entrepreneurial flair have made the Association of Southeast Asian Nations (ASEAN) one of the consistently best-performing regions in the world since the 2008 financial crisis. So it's no surprise that a large number of investors and multinationals are turning their focus to ASEAN's dynamic markets. The bloc's economies are at vastly different stages of political and economic development, but they all share immense growth potential. However, a number of challenges have raised questions about the sustainability of the bloc continuing its impressive growth trajectory over the next half century. by David Wijeratne, Neil Plumridge, and Sundara Raj Tue, 12 Feb 2019 00:00:00 -0600 https://www.strategy-business.com/article/Sustaining-Southeast-Asias-Momentum?rssid=innovation&gko=fdc96 https://www.strategy-business.com/blog/Strategy-Talk-How-to-Help-Your-Team-Get-More-Creative?rssid=innovation&gko=5d1b3 Anyone can get better at generating novel, useful business ideas. To foster that skill among members of your team, have them mirror how creative breakthroughs actually happen in the business world: Ask them to find and assemble the most relevant discoveries of others into a solution to whatever problem your challenge or opportunity presents. by Ken Favaro Wed, 06 Feb 2019 00:00:00 -0600 https://www.strategy-business.com/blog/Strategy-Talk-How-to-Help-Your-Team-Get-More-Creative?rssid=innovation&gko=5d1b3 https://www.strategy-business.com/article/Inside-Symantecs-Tech-Transformation?rssid=innovation&gko=d1e46 Symantec chief information officer Sheila Jordan spent the last four years leading IT at the cybersecurity company during one of Silicon Valley's most noteworthy corporate change efforts. In this interview, she describes the shifts that Symantec went through: acquisitions, divestitures, diversity gains, and the continued effort to simplify the technology and bring the company's user experience to a new competitive level. by Amity Millhiser and Art Kleiner Wed, 06 Feb 2019 00:00:00 -0600 https://www.strategy-business.com/article/Inside-Symantecs-Tech-Transformation?rssid=innovation&gko=d1e46 https://www.strategy-business.com/article/Water-Experts-for-the-World?rssid=innovation&gko=647a2 After centuries of managing its own immense water-related challenges, the Netherlands is learning to export its expertise. There are at least 125 advanced Dutch engineering and architecture businesses with global clientele, providing such services as flood control, wastewater management, desalination, flood insurance, infrastructure design, algae management, and other forms of advanced water treatment. Together with Dutch government agencies and research groups, these businesses are changing the way others think about preparing for flooding and related disasters. And they're setting an example for a benign neo-mercantile business model that other countries can follow. by Bobbie van der List Mon, 28 Jan 2019 00:00:00 -0600 https://www.strategy-business.com/article/Water-Experts-for-the-World?rssid=innovation&gko=647a2 https://www.strategy-business.com/blog/Yes-Henry-David-Thoreau-Was-an-Industrial-Innovator?rssid=innovation&gko=3daa2 Henry David Thoreau is best remembered for his musings on living off the grid in the book Walden. But he was also an innovative businessman, spending chunks of his life working at his family's pencil company and making significant improvements in its very important product. Thoreau's experience has lessons for contemporary audiences not just on how to live deliberately, but on how to manage, lead, and innovate. by Daniel Akst Mon, 14 Jan 2019 00:00:00 -0600 https://www.strategy-business.com/blog/Yes-Henry-David-Thoreau-Was-an-Industrial-Innovator?rssid=innovation&gko=3daa2 https://www.strategy-business.com/blog/Stop-Dropping-the-Baton-during-Business-Transitions?rssid=innovation&gko=23e6b When handled poorly, handoffs -- also known as business or departmental transitions -- can dilute, muddle, and, ultimately, destroy innovation. Too frequently, units within companies simply turn tasks over to their colleagues and counterparts -- rather than working together to see initiatives to completion. In order to pass the baton effectively from innovation teams to execution teams, companies should craft a playbook that describes how the project will be brought to fruition. Ideally, they should ensure that at least one or two people from the team that created the initial idea stick with it until completion. Along the way, these leaders should continually identify issues, discuss challenges, and take note of lessons. by David Clarke Thu, 10 Jan 2019 00:00:00 -0600 https://www.strategy-business.com/blog/Stop-Dropping-the-Baton-during-Business-Transitions?rssid=innovation&gko=23e6b https://www.strategy-business.com/article/How-Tech-Market-Makers-Build-Value?rssid=innovation&gko=c8aca Why do some large technology companies prosper while others suffer stagnant growth? The answer lies in a specific approach to value creation. Market makers are large tech companies that stand apart from the crowd by creating markets where none existed before. To forge their own profitable paths, they rely on a combination of shrewd deals, purposeful research and development, and a culture that tolerates risk taking and failure. by Marc Suidan Mon, 10 Dec 2018 00:00:00 -0600 https://www.strategy-business.com/article/How-Tech-Market-Makers-Build-Value?rssid=innovation&gko=c8aca https://www.strategy-business.com/blog/Closing-the-Skills-Gap-Could-Be-as-Simple-as-ABC?rssid=innovation&gko=b913f More collaboration between businesses and schools is vital to ensure that the next generation of workers is "future-fit." by Sara Caplan Mon, 19 Nov 2018 00:00:00 -0600 https://www.strategy-business.com/blog/Closing-the-Skills-Gap-Could-Be-as-Simple-as-ABC?rssid=innovation&gko=b913f https://www.strategy-business.com/article/Redefiners-Are-Doing-Digital-Right?rssid=innovation&gko=cfefb In its Digital IQ survey, PwC measures the digital acumen and ambition of companies and their executives. One of the four groups we've identified -- the "redefiners" -- have the most ambitious approach to digital. This group, which constitutes about 23 percent of the sample, expect their digital efforts to redefine their core business model and change the way they operate. Our data shows that the most financially successful redefiners stand out from their cohort by weaving digital into corporate strategy, facing -- and embracing -- disruption head on, and elevating customer and employee experience to an imperative. by Tom Puthiyamadam, David Clarke, and Scott Likens Tue, 13 Nov 2018 00:00:00 -0600 https://www.strategy-business.com/article/Redefiners-Are-Doing-Digital-Right?rssid=innovation&gko=cfefb https://www.strategy-business.com/article/How-Utilities-Can-Build-Effective-Digital-Strategies?rssid=innovation&gko=a867e Utility companies feel a sense of urgency about building digital capabilities. In order to make meaningful change on the fly, utilities should follow several key steps. These include: establishing a clear digital position; developing an enterprise-wide, cross-functional mind-set; building value through cost cutting and growth opportunities; and developing the capacity for agile deployment. by Jagoron Mukherjee Fri, 09 Nov 2018 00:00:00 -0600 https://www.strategy-business.com/article/How-Utilities-Can-Build-Effective-Digital-Strategies?rssid=innovation&gko=a867e https://www.strategy-business.com/feature/What-the-Top-Innovators-Get-Right?rssid=innovation&gko=c321f The success of the companies we've identified as high-leverage innovators -- those that outperformed their industry groups on seven key measures of financial success for the previous five years, while spending less on R&D as a percentage of sales -- reaffirms one of the time-tested findings of the Global Innovation 1000 study. There is no long-term correlation between the amount of money a company spends on its innovation efforts and its overall financial performance. Instead, what matters is how companies use that money and other resources to create products and services that connect with their customers. by Barry Jaruzelski, Robert Chwalik, and Brad Goehle Tue, 30 Oct 2018 00:00:00 -0500 https://www.strategy-business.com/feature/What-the-Top-Innovators-Get-Right?rssid=innovation&gko=c321f https://www.strategy-business.com/interactive/Who-are-the-Top-Innovators?rssid=innovation&gko=b7019 Explore the companies that made the 2007, 2012, and 2017 high-leverage innovator lists with our interactive tool. Mon, 29 Oct 2018 23:00:00 -0500 https://www.strategy-business.com/interactive/Who-are-the-Top-Innovators?rssid=innovation&gko=b7019 https://www.strategy-business.com/blog/Google-in-Paperback-Form-The-50th-Anniversary-of-the-Whole-Earth-Catalog?rssid=innovation&gko=436f9 The Whole Earth Catalog, the countercultural compendium of books, tools, and ideas, is marking its 50th anniversary. Strategy+business editor-in-chief Art Kleiner, who learned his craft at Whole Earth, argues that Whole Earth's ethos that humans should embrace their mastery has important lessons for people businesses and organizations. by Art Kleiner Fri, 12 Oct 2018 00:00:00 -0500 https://www.strategy-business.com/blog/Google-in-Paperback-Form-The-50th-Anniversary-of-the-Whole-Earth-Catalog?rssid=innovation&gko=436f9 https://www.strategy-business.com/article/Physician-Disrupt-Thyself?rssid=innovation&gko=332fa In their new book, Reverse Innovation in Health Care: How to Make Value-Based Delivery Work, Vijay Govindarajan and Ravi Ramamurti make the convincing case that the costly U.S. healthcare system has a great deal to learn from efforts in India. Faced with the challenge of providing services to consumers who can afford to pay very little, the seven "Indian exemplars" profiled in the book have developed the ability to provide quality heart surgery and eye care at a fraction of the cost charged in developed markets like the U.S. by Theodore Kinni Wed, 19 Sep 2018 00:00:00 -0500 https://www.strategy-business.com/article/Physician-Disrupt-Thyself?rssid=innovation&gko=332fa https://www.strategy-business.com/blog/Leaders-Break-Through-Your-Learning-Blockers?rssid=innovation&gko=17165 Spot and resist the bad habits that hinder your innovation potential.Take our quiz to find out if you are seeking opportunities to grow: "Are You Increasing Your Learning Agility -- Or Are You Missing Out?" by Jesse Sostrin Tue, 18 Sep 2018 00:00:00 -0500 https://www.strategy-business.com/blog/Leaders-Break-Through-Your-Learning-Blockers?rssid=innovation&gko=17165 https://www.strategy-business.com/feature/Are-You-Increasing-Your-Learning-Agility-Or-Are-You-Missing-Out?rssid=innovation&gko=5c1b9 To be a more agile leader, nurture the habits that accelerate your learning capacity and be aware of the ones that block new experiences. For more insight, see "Leaders: Break Through Your Learning Blockers." Tue, 18 Sep 2018 00:00:00 -0500 https://www.strategy-business.com/feature/Are-You-Increasing-Your-Learning-Agility-Or-Are-You-Missing-Out?rssid=innovation&gko=5c1b9 https://www.strategy-business.com/blog/Artificial-Intelligence-Ratings-and-the-Small-Print?rssid=innovation&gko=46c07 Can crowdsourcing and algorithms improve the customer experience when it comes to data privacy and terms of service? by Deborah Unger Mon, 17 Sep 2018 00:00:00 -0500 https://www.strategy-business.com/blog/Artificial-Intelligence-Ratings-and-the-Small-Print?rssid=innovation&gko=46c07 https://www.strategy-business.com/blog/Bigger-Is-No-Longer-Better-When-It-Comes-to-Consumer-Brands?rssid=innovation&gko=0b6b4 Companies, even tiny upstarts, are using technology to deliver personalized and niche products and services -- and take on the mass-market giants. by Kevin Maney Wed, 29 Aug 2018 00:00:00 -0500 https://www.strategy-business.com/blog/Bigger-Is-No-Longer-Better-When-It-Comes-to-Consumer-Brands?rssid=innovation&gko=0b6b4 https://www.strategy-business.com/pictures/How-to-Balance-Digital-Expertise-and-Sustainability?rssid=innovation&gko=dc3ca Bringing digital prowess and sustainable practices together should be at the forefront of strategic thinking for any business. For further insights, read "Digital Technology and Sustainability: Positive Mutual Reinforcement." Wed, 01 Aug 2018 00:00:00 -0500 https://www.strategy-business.com/pictures/How-to-Balance-Digital-Expertise-and-Sustainability?rssid=innovation&gko=dc3ca https://www.strategy-business.com/article/Digital-Technology-and-Sustainability-Positive-Mutual-Reinforcement?rssid=innovation&gko=625fc Bringing digital prowess and sustainable practices together should be at the forefront of strategic thinking for any business -- as a way to differentiate itself and gain long-term viability among customers, regulators, and communities. For more insight, see "How to Balance Digital Expertise and Sustainability." by Nils Naujok, Henry Le Fleming, and Naveen Srivatsav Wed, 01 Aug 2018 00:00:00 -0500 https://www.strategy-business.com/article/Digital-Technology-and-Sustainability-Positive-Mutual-Reinforcement?rssid=innovation&gko=625fc https://www.strategy-business.com/article/The-Rise-of-the-Last-Mile-Exchange?rssid=innovation&gko=c4e43 The rising pace of activity along what's called the last mile of the retail sales chain reflects the boom in e-commerce. But retailers and transportation companies alike are facing systemic challenges and threats in this fast-changing marketplace. Devising a better solution to last-mile delivery will be the next major battle in e-commerce supremacy. The solution may be for companies -- especially the big shippers -- to build a "last-mile exchange" platform that drives delivery decisions, and, crucially, allows retailers and transportation providers to collectively shape delivery demand and adjust continuously to the inherent variability of the last mile. Such an exchange could deliver a win for consumers, retailers, and transportation providers. by Tim Laseter, Andrew Tipping, and Frederick Duiven Mon, 30 Jul 2018 00:00:00 -0500 https://www.strategy-business.com/article/The-Rise-of-the-Last-Mile-Exchange?rssid=innovation&gko=c4e43 https://www.strategy-business.com/blog/The-Upside-to-Robots-Stealing-Jobs-Theyll-Take-the-Deadliest-Ones?rssid=innovation&gko=510eb Companies are already designing robots to handle tasks that would be unthinkable for humans. by Kevin Maney Mon, 16 Jul 2018 00:00:00 -0500 https://www.strategy-business.com/blog/The-Upside-to-Robots-Stealing-Jobs-Theyll-Take-the-Deadliest-Ones?rssid=innovation&gko=510eb https://www.strategy-business.com/blog/Why-You-Should-Hope-Your-Next-Tomatos-Grown-Indoors-by-Robots?rssid=innovation&gko=30043 The future of agriculture could be small farms, closer to consumers, that use technology to grow food more efficiently. by Kevin Maney Thu, 28 Jun 2018 00:00:00 -0500 https://www.strategy-business.com/blog/Why-You-Should-Hope-Your-Next-Tomatos-Grown-Indoors-by-Robots?rssid=innovation&gko=30043 https://www.strategy-business.com/feature/Inside-the-Digital-Factory?rssid=innovation&gko=15c68 Manufacturers have a golden opportunity to take advantage of digitization's promised outsized benefits. Here's how some firms are already doing it. by Reinhard Geissbauer, Stefan Schrauf, and Philipp Berttram Thu, 21 Jun 2018 00:00:00 -0500 https://www.strategy-business.com/feature/Inside-the-Digital-Factory?rssid=innovation&gko=15c68 https://www.strategy-business.com/article/How-Smarter-Phones-Will-Transform-Tech-Media-and-Telecom?rssid=innovation&gko=d6bda A new generation of smartphones, powered by artificial intelligence, could be in consumers' hands within the next few years and will have deep effects on every player in the technology, media, and telecommunications industry. by Anand Rao, Raman Chitkara, and Sandeep Ladda Mon, 11 Jun 2018 00:00:00 -0500 https://www.strategy-business.com/article/How-Smarter-Phones-Will-Transform-Tech-Media-and-Telecom?rssid=innovation&gko=d6bda https://www.strategy-business.com/article/Art-Is-Good-for-Business?rssid=innovation&gko=9acd4 Whether displaying a corporate art collection in the workplace, providing free museum access to employees, or sponsoring a gallery event, investments in the arts can work to assuage some of the concerns keeping CEOs up at night. by Shellie Karabell Thu, 24 May 2018 00:00:00 -0500 https://www.strategy-business.com/article/Art-Is-Good-for-Business?rssid=innovation&gko=9acd4 https://www.strategy-business.com/blog/How-Innovation-Happens?rssid=innovation&gko=8f45f Innovation is like a garden -- you need to create an environment where it can flourish. by Vicki Huff Eckert Wed, 23 May 2018 00:00:00 -0500 https://www.strategy-business.com/blog/How-Innovation-Happens?rssid=innovation&gko=8f45f https://www.strategy-business.com/article/Quantum-Underwriting-A-Core-Capability-for-Bionic-Companies?rssid=innovation&gko=87b6e The presence of risk requires robust systems for trading on and underwriting that risk. For that reason, the underwriting of technological change will soon become one of the core competencies that companies must develop or acquire to compete in the bionic age -- an age in which companies will succeed based on their ability to leverage financial, human, natural, behavior, cognitive, and network capital. by John Sviokla Wed, 09 May 2018 00:00:00 -0500 https://www.strategy-business.com/article/Quantum-Underwriting-A-Core-Capability-for-Bionic-Companies?rssid=innovation&gko=87b6e https://www.strategy-business.com/article/The-Revenue-Stream-Revolution-in-Entertainment-and-Media?rssid=innovation&gko=5a291 Digitization has permanently reshaped the global entertainment and media (E&M) ecosystem. The most successful E&M companies have always benefited from multiple revenue streams. But today profitable growth may depend on having five, six, or even more revenue streams -- an often fluid portfolio of bets on areas outside core business and traditional product lines. Companies are succeeding in developing streams that tap into the commercial potential of their most engaged users. They are doing so by pursuing new modes of distribution, targeting ad products more effectively, driving e-commerce activity, building membership businesses, and branching out into new media and geographies. A group of common capabilities underpin the success of such efforts. Content and distribution expertise must be paired with capabilities in data analytics, in acquisition and retention mechanisms, in experience development, and in strategic revenue management. by Christopher Vollmer Mon, 07 May 2018 00:00:00 -0500 https://www.strategy-business.com/article/The-Revenue-Stream-Revolution-in-Entertainment-and-Media?rssid=innovation&gko=5a291