Tag: innovation
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Creating valuable data is a force multiplier
It may come as no surprise that data is important for information technology and that information technology is fundamental to the operations of most organizations who consequently depend on data for their daily operations and need it to fuel new and innovative solutions. Unfortunately, it is often not managed with appropriate diligence resulting in everything…
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Desperately seeking value – The AI value gap
There is little doubt that AI has the potential to transform the world economy. This has been reiterated in reports from the EU, IMF and major consulting companies and weekly in headlines around the world. As Lars Tvede has pointed out recently the perception is that: “(..)this is the calm before the storm. According to…
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The Three Risk Traps Blocking Innovation
Many valuable innovative solutions get stranded due to the perceived risk of adopting them. Risk should be an important component in all decisions, but it might be counterproductive if it is not put into proper context and perceived adequately. There are especially three risk perception traps that block innovations. Understanding them might help to unlock…
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Stuck in beta?
Experimentation is good but also deceptively simple. Even though the experiments can be incredibly complex and the brightest minds are involved, from an organizational perspective it is simple: you just select a problem, and then you get a budget and then you solve it. But even though you can feel and taste the solution it…
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Building innovation in the zone
Building a home to provide shelter is one of the most basic of human needs; still, it is one of the areas most in need of innovation. It is not for lack of trying or bright ideas. Today we know how to 3D print houses, and integrate solar cells in windows, roofs, and walls, we…
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How to come up with a product that is truly unique
How do you come up with a product idea that the whole world is not already selling? This is an interesting question that I think every entrepreneur asks him or herself regularly. I don’t have the answer for it, but I can tell you something about how to end up with the answer. Ban TechCrunch The…
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