The modern world is constantly moving forward, and at an ever-increasing pace. The rate of change is highly influenced by the rate of technological development. Whereas in the past it took 75 years for Alexander Graham Bell’s telephone to reach 50 million users, it took Facebook only 3.5 years to reach the same number. It can take just 30 days…
In this article, we’ll explore what supply chain management is, what supply chain management software does, and the advantages and disadvantages of its processes. Supply Chain Management (SCM) explained If your company creates and produces any number of products using parts purchased from various suppliers, and those products are sold to customers, then, in a nutshell, what you have is…
Most marketing professionals understand that insight into the hearts and minds of your customers is central to successful product innovation. But which customers? Who is going to buy my product first? What happens after that? How can I eventually grow my customer base to one billion people? These are the hard questions that successful technology companies are addressing every day.…
This paper was originally published on smartinsights.com, the 11th of September, 2018. Republished here with permission from the author. Technological changes are one of the leading advocators to shape customer value. They are characterized by a process of social technological variations, rooted in different disciplines e.g., economics, sociology, and psychology. It implies that the competitive advantage is increasingly shaped by…
It is quite rare for a company to open up and offer a true and detailed insight into their unique practices and experiences on their path to becoming more customer-centric. However, Marco de Polo from Roche Diabetes Care does exactly this in this interview with Martin Pattera. Roche Diabetes Care is a global leader in integrated diabetes management and pioneers…
By: Dr. Evans Baiya When planning or navigating a pivot, how do you know if you are pivoting in the right direction? Answer simple questions to validate your pivot and execute on four actions to help create speed-to-market. We are hearing the word “pivot” a lot these days. The idea is that business conditions have changed dramatically and, therefore, we…
By: Patrick Giry-Deloison In a time when uncertainty reigns, the fear of being disrupted can brutally hurt any business. Responsible leaders who dare to anticipate disruption and take steps to self-inflict it to their organization in a smart and controlled way are best positioned for the future. For this purpose, we want to share in this article some key steps…
By: Alex Chenevier Established firms’ strategies remain characterized by the inability to master—some will say even comprehend—the economics of choosing. It is particularly surfacing unresolved relationships between [1] technical-technological, [2] economic and [3] social combinations taking place within established firms e.g. manufactured product. Hayek (1937) already explained that “Since equilibrium is a relationship between actions, and since the actions of…
By: Gus Cicala Too often, leaders label projects as successes or failures based on budget and schedule expectations. Although time and cost are critical factors, they ignore whether the project delivered the expected benefits. For example, consider a year-long project with a $2 million budget and $10 million in projected revenue. If the project went 50% over budget and 10…
By: Rob Hoehn The Food and Drug Administration in the US has a lot of responsibility to protect and advocate for consumers. And one department in the FDA, the Center for Drug Evaluation and Research (CDER), regulates over-the-counter and prescription drugs, including biological therapeutics and generic drugs. So it doesn’t come as any surprise that there are team members in…
