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What is the Technology Life Cycle? The Technology Life Cycle Model tracks a technologys progression from its introduction to eventual decline. In an era where technology is constantly evolving, businesses must stay proactive in managing their technological assets.
What is Technology Innovation? Technology innovation is defined as the creation and application of new or improved technologies, tools, systems, and processes that bring about significant advancements or breakthroughs in various fields.
Balanced Scorecard: A Practical Guide for Strategy Projects The Balanced Scorecard (BSC) is a strategicmanagement framework that helps organizations translate their vision and strategy into measurable performance objectives across multiple perspectives. What is a Balanced Scorecard?
OGSM Strategy Framework in Strategy OGSM is widely used in strategicmanagement because it translates high-level strategy into clear, measurable actions. Investing in battery technology to enhance range and performance. Realigning marketing initiatives with shifting technology adoption rates.
Objectives & Key Results (OKR) in Strategy OKRs play a crucial role in modern strategicmanagement by ensuring that businesses focus on results-driven execution rather than just setting static goals. Individual OKRs help employees align their work with strategic direction.
Innovative sustainable technology is considered to be positively contributing to sustainability. For example where new technologies are able to solve climate change problems providing clean energy solutions. 2019) show in their article that we often have a too optimistic view on technology and sustainability. Gonella et al.
Innovative sustainable technology is considered to be positively contributing to sustainability. For example where new technologies are able to solve climate change problems providing clean energy solutions. 2019) show in their article that we often have a too optimistic view on technology and sustainability. Gonella et al.
By understanding these portfolio types, businesses can ensure that each one is strategicallymanaged to support overall company objectives. Businesses must strike a balance between short-term profitability and long-term transformative innovation while managing the risks associated with emerging markets and technologies.
Her opening insight is in the twenty-first century we are all requiring more reliance on social technologies that are designed to allow the different technologies to emerge and be allowed to integrate, due to the diversity and diffusion of knowledge. The new innovating world we face in the 21st Century.
Generative AI refers to algorithms that can learn from data and generate original content, be it text, code, or strategic plans. Here are specific examples of how these technologies can be applied: Strategic Planning and Decision Making AI algorithms can analyze vast amounts of data to identify trends, opportunities, and threats.
We worked with a client to facilitate an information technology strategy vision. We wanted a strategic target to align IT strategy and innovation initiatives to support the organization in realizing its overall vision. Related posts Strategic Planning Exercises – Have you tried a Zoomference yet?
Modern technology can play a big part in making sure that we have the technology we need to be as productive as possible. If you don’t, it can be a bit difficult, so we’ll be taking a look at some of the ways that technology can contribute to productivity. You can manage better when you can stay in the loop all the time.
Last week I wrote about the “ green finance gap “, where investments in green technology suffer from a lack of financial resources and less attractive risk-return expectations compared to other investments. As discussed earlier there are alternatives to invest in green technologies in a supply chain. Norbert Bol.
Sorry for not keeping my promise to blog more in 2020 about responsible technology and artificial intelligence as I wrote in Happy New Year: The new roaring ’20 s. Responsible use of the digital enabled technologies that often inhibit artificial intelligence is still a topic of debate. Here’s what it says , MIT Technology Review.
Therefore, not only trends and technologies should be monitored but also the third pillar of environmental scanning: startups. The newcomers experiment with new technologies and come up with completely new ways of delivering business value. If you are unable to attend, we will be pleased to send you a recording. Your Speaker.
Last week I gave a short presentation at the VIP Europe Conference of IREI in Amsterdam about the impact of innovation, technology and sustainability on office investments in the Netherlands. My key message is: Technology and sustainability have a positive impact on institutional office investments.
Highly accomplished visionary Executive, service-driven EM/ELV Manager and commercial technology evangelist with extensive business and technical acumen gained on an international stage successfully delivering innovative technology projects within time and budgetary constraints. Strategicmanagement. Background.
In modern supply chain management, sustainable supply chains are often seen as profitable supply chains. More use of clean technologies in supply chains significantly reduce carbon- and other greenhouse gas emissions. However the cost of investment in clean technology is substantial. Retailers’ performance. Norbert Bol.
Digital technologies are transforming the global economy. In his pioneering book Being Digital (1995), technology futurist Nicholas Negroponte described how the old industrial economy would be eaten away by a new digital economy. Digital technologies are also used for learning, decision-making, and design.
Digital technologies are transforming the global economy. In his pioneering book Being Digital (1995), technology futurist Nicholas Negroponte described how the old industrial economy would be eaten away by a new digital economy. Digital technologies are also used for learning, decision-making, and design.
Therefore I have started the online course “Supply chain management: a learning perspective” by Professor Bowon Kim from the Korea Advanced Institute of Science and Technology (KAIST). The course gives an insight into how to create value in a supply chain in the most effective way.
Last week the Massachusetts Institute of Technology (MIT) published their report on the State of Supply Chain Sustainability 2021. It is this report MIT explores how supply chain sustainability is being implemented in global supply chains.
Background: A senior business transformation expert with broad industry, management and technical expertise in Next Generation Business and Operations Support Systems (NGBOSS), System Integrations, Exponential Technologies (Internet of Things (IoT), 3D Printing, Artificial Intelligence, Machine-to-Machine (M2M) etc.)
Saif is a resourceful professional specialized in Innovation Management with a bias toward action and influence change. Quality Management, Lean, Six Sigma and TQM. Master of Science in Product Innovation Management, Royal Institute of Technology (KTH), Sweden. contact-form-7] Saif Amer on LinkedIn.
Saif is a resourceful professional specialized in Innovation Management with a bias toward action and influence change. Quality Management, Lean, Six Sigma and TQM. Master of Science in Product Innovation Management, Royal Institute of Technology (KTH), Sweden. contact-form-7] Saif Amer on LinkedIn.
For companies striving to outpace their competitors and adapt to rapid changes, embracing innovation isn’t a luxury; it’s a strategic imperative. It goes beyond mere invention; it encompasses the strategic application of creativity and problem-solving to enhance value, efficiency, and customer satisfaction.
As organizations worldwide are committed to fostering a data-driven culture in a highly fast-paced business landscape, Microsoft customers rely heavily on Power BI to push forth that change, address economic realities, and make managed self-service business intelligence (SSBI) a reality.
This practice informs strategic planning, enhances operational efficiency, and drives innovation management. Machine learning algorithms provide critical insights for strategic planning based on technological, political, economic, and social trends.
Drawing on the companies past experiences of struggle to compete against companies with more modern technologies, this speech discusses why they are partnering up with Microsoft. iBooks, the present improvement in iPad technology and the new up and coming future apple products such as 1000 free or paid applications. Have a great day!
But times are changing and organizations are emerging, scaling and managed completely differently. New generations, societal change, sustainable goals and disruptive technology require organizations to be much more flexible, self-reinventing organisms that don’t fit above-mentioned design principles. doi:10.1002/smj.4250131008.
Disruptive innovations are the driver of these changes due to technological advantances. For that reason eduction systems should include more technology, innovation and creativity to be better prepared for the near future. In the education system new technologies, such as gamification, are nowadays being introduced. Norbert Bol.
With AI being a technology of low-cost prediction and discovery, vast amounts of data can be utilized to identify patterns and make predictions. This project attempts to diagnose plant diseases by using an app on a common inexpensive smartphone by a farmer in the field anywhere in the world.
The technological advance in business and society is at a growing speed. Some say the technological advance is at an exponential growth speed based on Moore’s Law which refers to the doubling of computer processing speed every 18 months. Which actually means that older and less sustainable technologies are favoured.
Knowledge from financial experts, technological experts and other stakeholders. Not only analyzing the sustainable investment project but also the alternative (often the base case or traditional case) where sustainability is not implemented.
KPIs (key performance indicators) are management tools used to measure the level of performance and success of an organization or a specific process, focusing on the “how.” ” OKR is a goal-setting structure that creates alignment, clarity, and transparency, strategicallymanaging KPIs’ change to desired values.
Sorry for not keeping my promise to blog more in 2020 about responsible technology and artificial intelligence as I wrote in Happy New Year: The new roaring ’20 s. Responsible use of the digital enabled technologies that often inhibit artificial intelligence is still a topic of debate. Here’s what it says , MIT Technology Review.
Understand The Organizational Landscape A fundamental step in effective IP management is understanding the organization’s context. ISO 56005 emphasizes analyzing both internal and external factors that influence IP management objectives. Now is the time to elevate your innovation game and strategicallymanage your IP.
Understand The Organizational Landscape A fundamental step in effective IP management is understanding the organization’s context. ISO 56005 emphasizes analyzing both internal and external factors that influence IP management objectives. Now is the time to elevate your innovation game and strategicallymanage your IP.
Responsible Innovation Ethics, Safety and Technology. Offered by: Delft University of Technology (TU Delft). Framing of ethical questions and concerns regarding the development of new technologies. StrategicManagement and Innovation Specialization. Course duration: 7 weeks. Certificate: Available.
Responsible Innovation Ethics, Safety and Technology. Offered by: Delft University of Technology (TU Delft). Framing of ethical questions and concerns regarding the development of new technologies. StrategicManagement and Innovation Specialization. Course duration: 7 weeks. Certificate: Available.
In modern supply chain management, sustainable supply chains are often seen as profitable supply chains. More use of clean technologies in supply chains significantly reduce carbon- and other greenhouse gas emissions. However the cost of investment in clean technology is substantial. Retailers’ performance. Norbert Bol.
Last week I wrote about the “ green finance gap “, where investments in green technology suffer from a lack of financial resources and less attractive risk-return expectations compared to other investments. As discussed earlier there are alternatives to invest in green technologies in a supply chain. Norbert Bol.
In an era where technological advance is at an exponential growth speed, the government can be a great enabler for innovation speed instead of hindering progress as mentioned in last week’s Strategy Blog: The sustainable innovation paradox. De Jesus & Mendonça (2018) and Kirchherr et al.
This theory explains how, why, and at what rate new ideas and technology spread. In 1962 Everett Rogers introduced the theory of the Diffusion of Innovation. Innovation and new ideas do not get adopted by the fact that it is a good idea. This is dependent on the innovation itself, communication channels, time, and the social system.
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