Innovation Is Not A Differentiator Anymore; Innovation Stickiness Is
Innovation is not a differentiator anymore; Innovation stickiness is.
Connected customers in the information age with a ‘web of voices’ expect Innovation to be both faster and surer. For businesses, Innovation is not only about differentiating from competitors but more importantly about gaining value stickiness from customers – immediately and consistently.
Time-to-market has a younger cousin now – time-in-market. There are 2 key dimensions to Innovation Stickiness.
1.) Inside-out view on Innovation stickiness:
Innovation starts with spotting the new wave by being connected to the market and…
Why Knowledge Is Becoming The Ultimate Currency
By Vivek Bapat, Vice President, Portfolio Marketing, SAP
More than a million babies die each year on the day of their birth. Those lucky enough to survive enter into a world of stark contrasts, full of promising opportunities, but also one of exploding prosperity gaps. An individual’s success in life is no longer dependent upon where she is born. What may matter even more is whether she is born into an information rich or information poor culture.
As a driving force for individual empowerment, the ubiquity…
Clariant And The Networked Economy
Clariant is a leading global group which operates in specialty chemicals and is headquartered in Switzerland. In 2008, the listed company launched a transformation program with the aim of achieving sustainable profitable growth in a very competitive environment.
Optimizations in the procurement organization were also aligned with this program. Using the example of procuring indirect goods, the case study shows how the procurement organization can be made globally more efficient by standardizing procedures and by implementing electronic processes.
To better incorporate the suppliers in the process, Ariba – a globally active partner with a vast B2B network – was selected to enhance the electronic purchase-to-pay processes in the…
Top Ten Business Innovation Posts of the Week [June 17, 2013]
On the Business Innovation site, we deliver the top blogs, news and featured content on business innovation for professionals looking to grow and gain a competitive business advantage. We cover hot topics and thought leadership on mobile applications, cloud computing, big data, real-time analytics and the top challenges facing executives and leaders in sales & marketing, finance, human resources and much, much more.
Each week, we curate and publish the top ten posts of the week from across our content categories. We hope…
Ten Tips For Driving E-Invoicing Adoption – Part 1
More organizations are turning to e-invoicing to extend business process improvements to the accounts payable function. The benefits include lower costs, faster invoice processing cycles, dramatic reduction in invoice errors and exceptions, and the ability to expand the capture of early payment discounts. E-invoicing solutions also help suppliers get paid faster and, through a self-service portal, offer real-time visibility into invoice and payment status.
Moving from paper invoicing to electronic invoicing is not just a technological shift. It’s a journey that involves change, in the way…
Shared Service Center 3.0 – Approaching The Digital Enterprise
Enterprises and, therefore, also Shared Services are influenced by new trends such as social media, cloud computing, mobile connectivity, and big data. This article describes what is understood by traditional Shared Services and how these can be transferred to a Digital Shared Service Center. The Digital Capability Framework and the Capability Maturity Model contained therein are used as a basis for the analysis (as-is state). Using appropriate use cases, the potential for improvement and the future alignment (to-be state) of a Shared Service Center are shown.
Shared Service implementations are an all-time favorite topic of business transformation. As a…
STEM And Innovation Bound Together At Texas Instruments
Like many students, I thought of Texas Instruments as a student’s best friend when trying to navigate the complexities of high level math and science courses – enabling us to take on rigorous work that likely would have gone over our heads without the technology they provided.
But as a student, I was unaware of TI’s depth of commitment to STEM education and developing new technologies. It’s a commitment with long tradition that remains unwavering to this day.
Yesterday, TI Chairman, President and CEO…
Beyond Bean Bags & Squishy Balls: Innovation Lessons From The Arts
Innovation and Creativity in the Arts
Women on unicycles? Neat idea…but not thrilling. Women on unicycles balancing bowls on their heads? OK now we’re getting somewhere. What if they rapidly toss the bowls up in the air to their partners while riding? Now THAT is jaw-dropping cool stuff. I recently hosted a customer event for SAP at Cirque du Soleil’s Totem show in New York and enjoyed 2 hours of awe-inspiring acrobatic acts, fabulous make-up, costumes and special effects.
Lost in Translation: Business Network Communications
Business Network Communications
I presented at a conference in Russia recently which gave me some insight into the challenges of making oneself understood in a different country. In many ways, the challenges I faced are similar to the challenges for businesses making themselves understood to their trading partners.
I observed essentially three levels of comprehension
Transliteration
Translation
Transformation
Transliteration
This need occurs in languages which use a different alphabet or writing system from your native language. For example in most Asian languages the Roman script is not used, meaning you can’t actually…
Bold Predictions For The Social Web By 2018
Guest Post by Adam Gismondi
As a PhD student at Boston College, we have focused a great deal on both past trends and current developments in social media. As we reflect on the present and the past of the social web, I found myself considering the future directions in the field. A few of these extrapolations are admittedly bolder than others, but certainly not out of the realm of possibility. However, I did want to give myself something to look back on over the next…
When It Comes To Business Models Retro Is The Future
Over centuries and decades, technological progress either built new business models or buried a few. Earlier, starting a business meant high entry barriers and a slow rate of change. Now the market is becoming a level playing field and rate of change is very high.
Traditional enterprise models approached the market through cycles of forecast, production, sales, delivery, customer service and companies had some time to go through these steps as the major communication was between the company and its customers in a…
Top Ten Business Innovation Posts of the Week [June 10, 2012]
On the Business Innovation site, we deliver the top blogs, news and featured content on business innovation for professionals looking to grow and gain a competitive business advantage. We cover hot topics and thought leadership on mobile applications, cloud computing, big data, real-time analytics and the top challenges facing executives and leaders in sales & marketing, finance, human resources and much, much more.
Each week, we curate and publish the top ten posts of the week from across our content categories….
3 Ways The US Can Nurture Entrepreneurship — And 3 Ways We Can Screw It Up
Nurturing Entrepreneurship in the United States
The United States is far from the best at everything. Our students are not the most studious, our healthcare patients are not the healthiest, and our business sector is not growing the fastest.
But when it comes to starting a new business, you’d be hard pressed to find someone, American or not, who thinks US entrepreneurs aren’t among the most entrepreneurial in the entire world.
There are many reasons for this. Some are…
Reaching Critical Mass
A word like “critical mass” is so often used in the figurative sense, it is sometimes hard to remember its original, technical meaning: the smallest amount of fissile material needed for a sustained nuclear reaction. This was first achieved by the great physicist Enrico Fermi, in a “pile” (and that’s the technical term) of Uranium in the unlikely location of a squash court at the University of Chicago.
It turns out that different isotopes require a different mass to go critical. So Fermi needed a pile 8 metres high of unrefined…
ERP Trends: Mobile Apps And Integrated Processes
When it comes to ERP trends, best-of-breed is out as the move is clearly toward integrated solutions. According to a recent study, mobile BI and managed services are also becoming increasingly popular.
Photo: iStockphoto
Selecting and implementing an ERP solution is always a key strategic decision for CIOs. However, the introduction of enterprise software is anything but trivial, and in many ways, is a mission-critical investment.
When choosing an ERP system, 88% of CIOs prefer an integrated IT system. These promise seamless and more stable business processes….
Royal Flush And The Automated Supply Chain
E-invoicing is the first step for the vast majority towards the automated supply chain and the Networked Economy. In his latest e-invoicing report, Bruno Koch from Billentis talks to the invoice document as the “Queen of all messages” and how automating this alone provides benefits to an organisation.
However, Bruno also talks to the greater benefits of a fully automated supply chain and how greater savings are available. In our recent webinar with Billentis, we discussed how organisations are moving away from point solutions and isolated projects towards…
Can Big Data And Mobile Make A Meaningful Impact In China?
New innovations in mobile and big data make this an exciting time for the world economy, especially for fast growth regions like China.
A global survey of IT decision makers revealed that China is one of the four countries most ready to leverage Machine-to-Machine (M2M) technology to transform business and society.
Reading such survey results is one thing; seeing how companies in China are actually doing it is something else.
As a keynote speaker at GMIC (Global Mobile Internet Conference) I received…
Titanic, Icebergs And Network Leadership
The Need for Network Leadership
The movie Titanic left a lasting memory about ‘change’ in my mind. Though the Titanic accident happened over 100 years ago, the key message of change still rings true to this day.
After receiving six alerts about ice bergs, with radio relay problems (the message didn’t reach the captain) and the last-minute spotting of the ice berg from the crows nest on the ship, Titanic couldn’t carry out a course-correction in time to avoid the iceberg.
The issue was not its speed or size. Key people didn’t listen, communicate and act…
Artistic Entrepreneurs Fuel The Creative Economy
Artistic Entrepreneurs
Every time you purchase a painting, use a hand-made serving bowl, attend a live musical performance, or watch a film, you are supporting a creative economy of artists, performers, and filmmakers that contribute to a more sustainable society.
With hundreds of artist, individual, and business members, the Rocky Neck Art Colony (RNAC) in Gloucester, Massachusetts is perhaps the poster child for what its president Karen Ristuben sees as the creative economy. “We’re doing everything that a non-profit organization can do to support artistic entrepreneurship,” she says. “Without…
Top Ten Business Innovation Posts of the Week [June 3, 2013]
On the Business Innovation site, we deliver the top blogs, news and featured content on business innovation for professionals looking to grow and gain a competitive business advantage. We cover hot topics and thought leadership on mobile applications, cloud computing, big data, real-time analytics and the top challenges facing executives and leaders in sales & marketing, finance, human resources and much, much more.
Each week, we curate and publish the top ten posts of the week from across our content categories….
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