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To make it happen the Indian Railway Stations Development Corporation Limited (IRSDC) has launched the Station Rejuvenation through joint Action competition inviting architects, engineers, urban planners, citizens, and other interested parties to submit their plans and ideas. Tagline and Logo Competition.
So what can we expect in 2012 in a world that seems to grow ever connected by the hour? It's likely that the trend will have to evolve given how competition for our time and attention this gaming creates. Lastly as we roll into 2012, watch for a more social approach to solving business problems through a sort of micro-economy.
There are several different forms of B2C co-creation, including open crowdsourcing, co-creation workshops, open-source software code, mass customization, and customer-generated content. This is where lead users can often prove helpful.
The more I learn about the results from crowdsourcing and open innovation efforts, the more I believe that the smart strategy is to expose your problems and challenges to as many people as possible and let them show you what they can do. The experts were worried that the Kaggle crowd would simply not be competitive.
HP is #10 on the 2012 list, and IBM is number 19. While it's true that size once created competitive barriers and correlated with market power , it no longer does. Research shows that what was once a sustainable competitive advantage has shifted from 30-40 year arcs to 12 years in most industries, and five years in the tech sector.
” In a 2012 article for Harvard Business Review, Maxwell Wessel argued that scale, “one of the last bastions from the competitive storm,” is no longer profitable or safe. For a long time, technology gave big players a competitive advantage because no one else could afford to be big.
New innovations will change the basis of competition in many markets and alter the sources of advantage for most companies. In years past, an important source of competitive advantage for insurers was the ability to price risk better than rivals. Take insurance, for example. Harnessing this data requires new skills and capabilities.
Since the Apollo program, NASA has faced funding cuts, competition from other nations for space leadership, and a radical restructuring of its operating environment due to the emergence of commercial space – all of which have forced the organization to change its ways of thinking and operating.
The manufacturing industry is becoming increasingly capable of creating small batches (or even single units) of personalized products at very competitive prices. It’s likely that 3D printer prices will decrease over the next few years due to competitive pressure and higher shipment volumes. What if you owned your own bank?
The manufacturing industry is becoming increasingly capable of creating small batches (or even single units) of personalized products at very competitive prices. It’s likely that 3D printer prices will decrease over the next few years due to competitive pressure and higher shipment volumes. What if you owned your own bank?
“Ever since renewables became a part of the German mass market, investment has been dominated by private households and farmers who owned 46% of the 73GW renewable electricity supply in Germany in 2012, while all incumbent utilities (such as Vattenfall, EnBW, E.on, and RWE) owned only 12%.” How are energy companies innovating?
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