Companies will have to maintain a portfolio of new business model initiatives, not unlike a venture capital firm, and they will have to accept that maybe only 1 out 10 initiatives might succeed.
Big ideas like this one start conversations and new thinking that bring by great innovations. I love this concept by Priestmangoode:
The Moving Platforms concept was designed to address the infrastructure shortcomings that inhibit the optimum functioning of high-speed rail. Local trams connect to a network of nonstop high-speed trains. When a moving tram docks with a moving train, passengers can embark and disembark, transferring passengers to and from their local destinations without forcing the high-speed training to slow. The tram, in effect, acts as a moving station.
Here’s an interesting article from an economist arguing that past economic growth was a one-time-only event and we shouldn’t expect it to happen any more.
This paper raises basic questions about the process of economic growth. It questions the assumption, nearly universal since Solow’s seminal…
The Next Phase Of Manufacturing
“Here at PARC we are actively working on many of the key enablers, ranging from new manufacturing technologies such as printed electronics, to social design and intelligent design tools. As an example, we are working to incorporate manufacturing knowledge into design automation tools to give real-time feedback to product creators and designers on both the function and manufacturability of designs, avoiding months of delay caused by multiple iterations and prototype builds.”
Big data is just about to hit its “peak of inflated expectations”, according to Gartner’s 2012 Hype Cycle for Emerging Technologies. (via Gartner dead wrong about big data hype cycle | ITworld)
Brilliant Innovation of the Week
Honestly, I need someone to tell me right now where to find this. I’m in awe.
Sound Taxi tours London translating city noise into live music
A short video about the making of the Yuri Suzuki x AiAiAi Sound Taxi that will hit the streets of London on the 20th and 21st of September 2012. The hubbub of the city—tinkering bikes, hissing buses and booming sirens—have been transformed into melodic tracks by a suped-up London cab that translates ambient sound to music in […] http://dlvr.it/2C2sn6 @suryaray
Researchers have developed a way to turn body heat into electricity meaning your mobile will never go dead again.Power Felt can keep your phone going for up to 20 per cent longer just through the power of touch.
Have you ever had a great idea rejected by your boss? Professor Baba Shiv shares two vital pieces of advice on how to pitch your ideas to higher ups.
A boring PowerPoint presentation can make any meeting feel twice (or three times) as long. Take a cue from Annie Leibovitz and let your creative juices flow to spice things up.
Based on my professional experience and anthropological understanding, when companies are discussing about putting innovation processes in place the important word that is often missing from the discussion is people and their context. To face up to the critical problem of how organizations can…