Companies will need to think innovatively about customer needs. CEOs must ask ‘In the IOT what is our new value proposition?’ Firms will have to hire software engineers to design and deliver service solutions based on usage data. They will need data analysts to review all the data they gather from their devices. In other words every company will have to become a service provider and a software company – or perish. Continue reading
In the sandbox, creativity reigns, stress dissolves, and innovation is suddenly possible. Continue reading
In 1959 Nils Bohlin, an engineer at the Swedish Car Manufacturer Volvo, invented the first three point safety belt. It was much more effective than the standard lap belt (as still used on airplanes). Volvo, realising the importance of this invention, chose not to patent it but to share the idea with other vehicle manufacturers. They may have lost some revenues but their action undoubtedly saved many lives and it cemented Volvo’s reputation as a highly ethical company committed to safety. Continue reading
In the near future, in cities and across networks that lead the shift, we could see a significant improvement in career readiness and economic participation.