article thumbnail

If Innovation Is Happening, Where Is The Creative Destruction?

The Horizons Tracker

One would assume that if the engines of innovation are working as the hype suggests, Schumpeter’s famous creative destruction would be happening at a rate seldom seen before. “The rise was stronger in manufacturing and mining in earlier decades, and stronger in services, retail, and wholesale in later decades.”

article thumbnail

How The Coronavirus Is Transforming Innovation

The Horizons Tracker

Pre-covid, innovation folk would talk about the value a “burning platform” plays in driving lasting change, and for many businesses, this has been just such a burning platform. Tuck Business School’s Vijay Govindarajan underlines how important our ability to forget is to innovation. Unnecessary hurdles.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

6 New Rules for the Digital Age

Leading Blog

To begin: In the digital age, competitive advantage is the ability to win the ultimate prize—the consumer’s preference— repeatedly , through continuous innovation on behalf of the consumer, and to create immense value for the shareholders at the same time. Their decision-making is designed for innovation and speed.

Charan 270
article thumbnail

Are You a Culture Change Skeptic?

Great Leadership By Dan

If they don’t create a work culture that supports efficiency, innovation, high performance, and employee engagement, they won’t satisfy that triumvirate. Sales and profits outperformed the entire retail sector over a two-year span. ? How do you know the Positive Impact was due to culture change?

Blanchard 234
article thumbnail

How Green Are Autonomous Delivery Bots?

The Horizons Tracker

The change did prompt the creation of small, often automated, micro-fulfillment centers that allowed retailers to fulfill orders quickly. Interestingly, the most emissions were produced when the order was collected in-store via an internal combustion engine pickup truck.

article thumbnail

Social Class In The C-Suite

The Horizons Tracker

By contrast, the IT and engineering sectors were far more accessible to people from working-class backgrounds. These CEOs had transitioned through the classes as a result of their educational performance and were highly present in sectors like technology, engineering, health, and education.

Class 109
article thumbnail

When Looking At Digital Skills, Don’t Forget The Basics

The Horizons Tracker

At the recent INNOVEIT event in Brussels, the European Institute of Innovation and Technology launched its Deep Tech Talent Initiative , which aims to provide a million people across the EU with the skills required to function in the deep tech sector in the coming years. The Digital Decade This focus on advanced skills is not especially new.

Skills 114