Adjacency expansion has not been a common strategy in advanced industries, with only 11 percent of major companies moving into adjacent markets over the past 15 years. Read more in McKinsey How to reignite growth through adjacencies By Matt Banholzer,…
Three-quarters of the CROs surveyed said that the use of AI poses a reputational risk to their organization, while nine out of ten said more needed to be done to regulate the development and use of AI. Read more in…
We have characterized the recovery from the coronavirus into three phases: flatten, fight, and future. The future will not arrive until a vaccine or people’s natural resistance creates herd immunity or until an effective treatment emerges. In pursuing this end…
Startup and then scale-up. What’s next? Well, when startup companies reach that level of growth, it’s true that the challenges they’ll have to deal with change. They’ll now have to focus on sustaining a leading position in their market, probably…
There are several “core” technologies available today that are helping to create an efficient, productive and sustainable future for humankind. Solar power and big data are just two of these technologies. Together, they’re changing how energy is bought, sold, delivered…
Customers recognize when a company fulfills its purpose. They are interested not in products or services, but in outcomes. Consumers at a premium retailer are buying more than clothing or a coffee drink. They are buying a distinctive experience as…
Opportunities for companies in every industry are occurring on two critical dimensions: knowledge of the end customer and business design. These dimensions combine to form four business models for creating value: Suppliers, Multichannel Businesses, Modular Producers, and Ecosystem Drivers. Read…
After decades of selling cheap printers that require a steady stream of expensive ink cartridges, the company is smashing its business model to bits. In September the Tokyo-based tech giant will offer a new line of consumer printers in the…
In order to incorporate IOT into your business model it’s crucial to approach adoption from one of three highly-focused positions:Enablers, Engagers and Enhancers learn more in cyance Making the Business Case for The Internet of Things By Jon Clarke was…
Facebook is mere weeks away from having a regulatory green light in Ireland to allow its users there to store money on the site, and make payments to individuals, the Financial Times reports.Yes, Facebook is getting into electronic money. …
