The progressive mindset of businesses and start-ups has influenced Global In-House Centres (GIC) to explore more realities. The aim is to transform into a global capability centre to gain a more rigid position in terms of the impact of the ecosystem at a global level by experimenting new innovative models.
Organisations continue to search for the magic snake oil that will bring their innovation programs to life. But there is no magic. Its about building a portfolio of experiments and abolishing the "big-bang" approach that looks for the one thing to transform the business.
The progressive mindset of businesses and start-ups has influenced Global In-House Centres (GIC) to explore more realities. The aim is to transform into a global capability centre to gain a more rigid position in terms of the impact of the ecosystem at a global level by experimenting new innovative models.
Organisations continue to search for the magic snake oil that will bring their innovation programs to life. But there is no magic. Its about building a portfolio of experiments and abolishing the "big-bang" approach that looks for the one thing to transform the business.
Best Practices for an Effective Innovation ProcessMindjet
In our webinar with Forrester VP and analyst Chip Gliedman, we discuss best practices for implementing an effective innovation process, from ideas through execution.
Innovation is an uphill battle for individuals within a company. The general impulse to internally sell one's expert creativity is simply not enough to overcome most management cultures. But what if the organization knew how to innovate? How hard could that be?
The value of any technological innovation is only partly determined by what the tech-nology can do. A large part of the value of an innovation is determined by the degree to which people can understand it, access it, and integrate it within their lives. Effective deployment strategies can reduce uncertainty about the product, lower resistance to switching from competing or substitute goods, and accelerate adoption.
This slide examines why a shift from occasional, ad-hoc and reactive innovation to a posture of relentless, enterprise-wide and methodical innovation is so important. A redacted slide set I used to drive discussion with a senior leadership team.
Product Development Process Improvement - A Post-MortemChief Innovation
The attached file is a brief summary of an offering we provide related to Product Development. It is very unique, in that it takes a recently completed project, works to map out what happened, reviews areas where errors or delays occured, and then re-maps the project to show the impacts. This is a 7 page file, and we also have a 40 page one showing exactly how it works. Feel free to contact us to discuss, or put comments in here and we will answer them as best we can.
This simple innovation assessment can be filled out in five minutes. It is used to help organization quickly assess successes and gaps in their innovation process.
New production methods under the business management of I.T. feature one dominant similarity: the pursuit of greater speed. Older methods prominently involving standards, pre-planning and optimization seem threatened with becoming obsolete; but the new world of speed, if successful, is no less careful, only differently so.
We are pleased to give to you the 2015 Innovation Forecast Report. We used the principle of the triple helix while inviting influencers to co-author this edition. Thus, in the report you can find publications of entrepreneurs, scientists and government representatives. Such a combination allows to show different perspectives of thinking and bringing innovation into life.
Among the invited authors are:
Paweł Adamowicz - The Mayor of the City of Gdańsk
Sebastian Grabowski - Director of the Research and Development Centre, Orange Poland
Paweł Tkaczyk - guru of branding and allfather of Midea
Izabela Disterheft - Director of Gdansk Science and Technology Park
Sebastian Brzuzek - Head of Innovation in Meritum Bank ICB
Krzysztof Kanawka - scientist and Leader in Blue Dot Solutions
Agata Kukwa - CEO, dlaodmiany.pl
Bartosz Rychlicki – CEO, Quantum Lab
Wojciech Drewczyński – Product Owner, Gamereer
and
Marcin Kowalik – Managing Partner, Black Pearls VC
All of the authors pointed out an important trend that is worth following. Using help of Jamel interactive agency and their solution called Social Board we gathered references to these trends published by internet users worldwide. With simple click on a hashtag under each forecast you will see how the trend is growing around the world and how ideas that are connected to that topic are developing.
http://innovation.socialboard.pl/
Foresight driven innovation - boosting pulp and paper with scienceFredrik Rosén
What does self-opening packaging, textile like paperboard and the world’s first lignin-based carbon fibre composite have in common? They are all demonstrators of future use of wood fibres developed by Innventia – a world leading research institute that works with innovations based on forest raw materials.
Fredrik Rosén will present Innventia’s approach to foresight driven innovation at the RISI European Conference. Highlights from the Innventia Global Outlook Reports “Packaging 2020” and “Papermaking Towards the Future” will be presented. Packaging 2020 describes seven global forces and their impact on the packaging industry and the packaging of the future. The conclusions are based on a survey carried out among consumers in the US, India and Sweden. “Papermaking Towards the Future” is based on an expert survey with 150 respondents from 21 different countries and maps the most important trends and driving forces for tomorrow’s papermaking.
Best Practices for an Effective Innovation ProcessMindjet
In our webinar with Forrester VP and analyst Chip Gliedman, we discuss best practices for implementing an effective innovation process, from ideas through execution.
Innovation is an uphill battle for individuals within a company. The general impulse to internally sell one's expert creativity is simply not enough to overcome most management cultures. But what if the organization knew how to innovate? How hard could that be?
The value of any technological innovation is only partly determined by what the tech-nology can do. A large part of the value of an innovation is determined by the degree to which people can understand it, access it, and integrate it within their lives. Effective deployment strategies can reduce uncertainty about the product, lower resistance to switching from competing or substitute goods, and accelerate adoption.
This slide examines why a shift from occasional, ad-hoc and reactive innovation to a posture of relentless, enterprise-wide and methodical innovation is so important. A redacted slide set I used to drive discussion with a senior leadership team.
Product Development Process Improvement - A Post-MortemChief Innovation
The attached file is a brief summary of an offering we provide related to Product Development. It is very unique, in that it takes a recently completed project, works to map out what happened, reviews areas where errors or delays occured, and then re-maps the project to show the impacts. This is a 7 page file, and we also have a 40 page one showing exactly how it works. Feel free to contact us to discuss, or put comments in here and we will answer them as best we can.
This simple innovation assessment can be filled out in five minutes. It is used to help organization quickly assess successes and gaps in their innovation process.
New production methods under the business management of I.T. feature one dominant similarity: the pursuit of greater speed. Older methods prominently involving standards, pre-planning and optimization seem threatened with becoming obsolete; but the new world of speed, if successful, is no less careful, only differently so.
We are pleased to give to you the 2015 Innovation Forecast Report. We used the principle of the triple helix while inviting influencers to co-author this edition. Thus, in the report you can find publications of entrepreneurs, scientists and government representatives. Such a combination allows to show different perspectives of thinking and bringing innovation into life.
Among the invited authors are:
Paweł Adamowicz - The Mayor of the City of Gdańsk
Sebastian Grabowski - Director of the Research and Development Centre, Orange Poland
Paweł Tkaczyk - guru of branding and allfather of Midea
Izabela Disterheft - Director of Gdansk Science and Technology Park
Sebastian Brzuzek - Head of Innovation in Meritum Bank ICB
Krzysztof Kanawka - scientist and Leader in Blue Dot Solutions
Agata Kukwa - CEO, dlaodmiany.pl
Bartosz Rychlicki – CEO, Quantum Lab
Wojciech Drewczyński – Product Owner, Gamereer
and
Marcin Kowalik – Managing Partner, Black Pearls VC
All of the authors pointed out an important trend that is worth following. Using help of Jamel interactive agency and their solution called Social Board we gathered references to these trends published by internet users worldwide. With simple click on a hashtag under each forecast you will see how the trend is growing around the world and how ideas that are connected to that topic are developing.
http://innovation.socialboard.pl/
Foresight driven innovation - boosting pulp and paper with scienceFredrik Rosén
What does self-opening packaging, textile like paperboard and the world’s first lignin-based carbon fibre composite have in common? They are all demonstrators of future use of wood fibres developed by Innventia – a world leading research institute that works with innovations based on forest raw materials.
Fredrik Rosén will present Innventia’s approach to foresight driven innovation at the RISI European Conference. Highlights from the Innventia Global Outlook Reports “Packaging 2020” and “Papermaking Towards the Future” will be presented. Packaging 2020 describes seven global forces and their impact on the packaging industry and the packaging of the future. The conclusions are based on a survey carried out among consumers in the US, India and Sweden. “Papermaking Towards the Future” is based on an expert survey with 150 respondents from 21 different countries and maps the most important trends and driving forces for tomorrow’s papermaking.
Ever wondered why some organisations have the ability to re-invent entire industries, time and time again?
Where does this source of continuous innovation and foresight come from?
Ever considered that these organisations have two separate innovation cycles in motion?
Good organisations are able to innovate and improve what they know. What the great organisations are able to achieve is the continuous ability to regenerate its own core strategies, based on what they don’t yet know, re-inventing entire industries along the way.
Final session of executive session at the Kellogg Graduate School of Management's Allen Center program "Leading into the Future." http://www.kellogg.northwestern.edu/execed/programs/century.aspx
120 years ago the emergent field of experimental psychology became embroiled in debates as to whether plateaus in performance are real (or not) and if so whether they were due to periods in which league-stepping methods (originally defined as a hierarchy of habits that enabled experts to step leagues while novices were ``bustling over furlongs or inches'') were being acquired (or not). 20 years ago both the human-computer interaction and cognitive science communities were seized with concerns over performance plateaus (i.e., extended periods of stable suboptimal performance) from experts. I briefly review this history with the aim of drawing distinctions between performance asymptotes and performance plateaus, and argue that remediating one is the domain of design while remediating the other is the domain of training.
Presentation made at the 4th Workshop on Strategic Crisis Management (Paris, 28-29 May 2015). For more information, visit the meeting webpage: http://www.oecd.org/gov/risk/4th-workshop-strategic-crisis-management.htm.
The CfWI horizon scanning team has produced a series of posters to represent the key messages from the CfWI report Big picture challenges for health and social care - implications for workforce planning, education, training and development which is due to be published shortly.
The posters focus on the five domains of Health Education England's Education Outcomes Framework
excellent education
competent and capable staff
adaptable and flexible workforce
NHS values and behaviours
widening participation
using them as a basis to put forward thought-provoking questions.
The posters are available to download below.
If you would like to contribute to our horizon scanning work, contact horizonscanning@cfwi.org.uk.
Cecily’s fun and inspiring programs take groups on a guided tour of the future where they find fresh answers to the age-old questions, “Who are you?” “Where are you going?” and “What’s your territory?” Whether an industry forecast, innovation challenge, leadership development, or for future-proofing a brand, Cecily is able to penetrate core issues and get to the best questions quickly. Her provocative and engaging programs offer a practical approach to connecting near-term realities with long-term objectives.
All programs are tailored to the interests and objectives of each group.
Farmers manage large areas of landscapes that are altogether designed by heterogeneous actors. Conflicts may eventually arise in complex regions like the Mediterranean where the urban and agricultural actors’ spaces for action easily overlap and concur for the use and management of soil and water. A territorial or landscape perspective is therefore required to inform the design of land management systems capable to meet the place-based development goals. A greater involvement of agronomy in the landscape arena would help to design landscape management policies that are better informed of farming systems. Our aim is to present a territorial approach that supported a prospective analysis for the design of shared land management actions using the territory game.
- - -
Oral communication presented at the 14th conference of the European Society for Agronomy, Edinburgh 5-9 September 2016: "Growing landscapes: cultivating innovative agricultural systems"
How to Innovate...Strategically: What Innovation Approach Should You Use When?Kevin C. Cummins
There are four common approaches to innovation that companies utilize: Lean Startup, Design-Driven, Open Innovation and Crowdsourced Idea Management. In the "How to Innovate...Strategically" presentation, we examine how and when to use each of these methods, and which companies excel at each. We uncover the limitations and the challenges when implementing each method, and the top supporting tools for each approach. View Batterii's "How to Innovate...Strategically" presentation to learn more.
CONCEPTS OF INNOVATION MANAGEMENT2 Conce.docxpatricke8
CONCEPTS OF INNOVATION MANAGEMENT 2
Concepts of Innovation Management
Abiodun Fasawe
NorthCentral University
TIM 7001: Changing Times: Managing Technology & Innovation in the 21st Century
Dr. Nicholas Harkiolakis
May 24, 2020
1
Introduction
Innovation mainly happens with the help of technology. It is through innovation that man people comes up with new ideas and solutions to problems we face in our day to day lives. Technology is a branch of knowledge that brings about innovation due to the evolution of technology. Technology involves the methods, skills, and processes together with techniques required in production and scientific investigations. Technology is considered to be broad and fits in categories of communication and information, computer science, and computer engineering among others. The above categories are subject to improvements or disruption by humans at any time. The manipulation of technology goes through a process called innovation. Technology is applicable in many fields such as mathematics, historical knowledge, scientific engineering, transport and linguistics, business, and environmental conservation practices among others. Comment by Dr. H: This is self-referencial. It like telling technology helps technology grow Comment by Dr. H: Where did you find this definition? Comment by Dr. H: Do you mean it grows through innovations Comment by Dr. H: What do you mean by this? Comment by Dr. H: Is there engineering that is not scientific Comment by Dr. H: There is no citation support in this paragraph. Please note that unless you support with citations from peer-reviewed research journal or government sources your material is considered an opinion piece and as such it is not appropriate for research writing.This is a serious issue and you need to address it throughout as it greatly impacts your grade
Innovation involves the creation and application of new ideas, thoughts or solutions in the day-to-day problems, expectations, and needs. For the idea to qualify to be an innovation, it should satisfy a particular need and at a cost. The ideas are converted into useful products. Innovation takes place to provide more effective and efficient products, services, processes, and technologies. These are made available for sale in the markets, society, or the government. Innovations are classified into two major categories: Comment by Dr. H: Whose problems, expectations and needs? Comment by Dr. H: According to whom?
· Evolutionary innovations also called continuous evolutionary innovation which is as a result of gradual improvements in technology and,
· Revolutionary innovations also known as discontinuous innovations. There are often disruptive and new.
Innovation is crucial in any organization and it presents the need to create a department and a manager for the same. It will require a deeper understanding of the consumer needs before undertaking th.
Strategic Plan Part 3
By: Christopher Gilbert
BUS/475
Instructor: Dr. Steve Verrone
June 20, 2016
STRATEGIC PLAN PART 3
STRATEGIC PLAN PART 3
1
STRATEGIC OBJECTIVES SUMMARY (BALANCED SCORECARD).
STRATEGY
GOAL- What we want to accomplish
OBJECTIVES- How we are going to accomplish the goal
MEASURE
TARGET
SHAREHOLDER VALUE OR FINANCIAL PERSPECTIVE
Ensure financial benefits are maximized through smart and transparent financial systems.
Allocate budget to support business goals and objectives.
Provide investors with value- relevant information.
Increase market share which will improve our competitive position which will lead to sustainable profitability.
Stay relevant through innovation, respond to customers fast enough and use their ideas, buy off competitors and increase flexibility in operations.
Percentage of total market in the business printing sector
70%
Demonstrate cost savings in the organization as a result of business processes being streamlined.
Use process value analysis on all change initiatives in the organization.
Percentage of change initiatives that produced cost savings in the organization.
75%
PROCESS OR INTERNAL OPERATIONS PERSPECTIVE
Implement strategies to maximize resources and infrastructure present in Neon Software, Inc.’s facilities.
Make use of creativity and innovation in order to improve internal processes and keeps the business progressing.
Ensure high utilization of company facilities.
Improve process delivery
Create business project management process
The process is implemented in full.
PASS/ FAIL
Ensure effective implementation of initiatives
Initiative delivered project goals
Percentage of goals met
90%
Initiative delivered on time
Percentage of initiatives delivered on time
90%
Initiative delivered on budget
Percentage of initiatives delivered on budget
90%
CUSTOMER VALUE PERSPECTIVE
Maximize customer collaboration in order to identify and understand customer needs and expectations.
Deliver timely, accurate, and high-quality services and products to increase value and achieve customer satisfaction.
Products offered by Neon Software, Inc. to be affordable with the firm acting as a market leader.
Identify customer needs and inefficiencies and implement relevant solutions.
Map existing business processes
Number of business processes mapped
4
Facilitate the management of change in the company.
Change management plan implemented
PASS/ FAIL
Build effective customer relationships
Increase customer contacts
Number of new customer contacts per week
4
Learn and apply communication techniques
Number of feedback sessions
2 per person
LEARNING AND GROWTH (EMPLOYEE) PERSPECTIVE
Promote a culture and working environment that embraces growth and development.
Meet the needs of each of our employees which will more often than not result in employee engagement and employee satisfaction in general.
Ensure that employees are compensated sufficiently which will help with retention.
Scheduling and management of seed fund allocation across multiple npd projectsAshok Rangaswamy
The most important factor affecting the implementation of innovative ideas is the ineffectiveness in the delivery of seed fund. Sometimes the most significant innovation does not receive the fund and in certain situations proper help is not extended to the innovators. In order to eradicate this issue, the proposal to manage multiple NPD projects is put forth. Seed fund is the vital factor in conceiving the ideas into new products for commercial use. It is difficult to schedule and manage the seed money for multiple new product development (NPD) projects, especially for large scale government initiatives. The process model to effectively manage the seed fund for multiple NPD projects is proposed and its application to the accelerated radical innovation (ARI) methodology is discussed.
This paper was published in National conference on Significance of Decision Making in Global Business Scenario 2012, March 30, 2012.
More Information:
https://flevy.com/browse/flevypro/4-stages-of-disruption-5265
Organizations are constantly trying to innovate and, likewise, all industries will eventually be disrupted, as new products, businesses, and industries emerge.
No industry is safe from Disruption. In a 2017 PwC survey of 1,379 CEOs around the world, 60% said their market has already changed or completely reshaped in the past 5 years and over 75% anticipate they would by 2022.
This presentation discusses the 4 Stages of Disruption. Research has found Innovation that eventually leads to Disruption follows a 4-stage evolution:
1. Disruption of Incumbent
2. Rapid and Linear Evolution
3. Appealing Convergence
4. Complete Reimagination
Understanding this 4-stage model will help us understand what design choices to prioritize and when. At any given time, different products and organizations are likely to be at different stages relative to local “end point†of Innovation.
Additional topics discussed include Disruptive vs. Incumbent Dynamics, the Consumer Adoption Curve, Endgame Niche Strategies, among others.
This deck also includes slide templates for you to use in your own business presentations.
Got a question about the product? Email us at flevypro@flevy.com.
Reasons to Engage a Professional Futurist as a Management Consultant.pptxHarish Shah
Reasons to engage a Professional Futurist as a Management Consultant. A brief succinct overview of what a Professional Futurist can help an enterprise achieve in the capacity of a Management Consultant.
Answers by Harish Shah a.k.a Coach Harry, to pertinent questions about love, romance, heartbreak and relationships.
Harish Shah is Singapore's longest practicing Millennial generation Life Coach.
Amongst much else, he has long helped clients deal with personal issues relating to love, romance, relationships and heartbreak.
Inspired by interactions on Quora.com, he curated his own list responses to pertinent questions that most people would be able to relate to at some point or another in the journey of life.
On the occasion of his Coaching Practice (and Methodology) Mind Evolution turning 10 on 2023, he is giving away this eBook for free.
Speaker Introduction: Harish Shah "The Singapore Futurist".ppsxHarish Shah
A Speaker Introduction to "The Singapore Futurist" Harish Shah.
Harish is Singapore's first local born Professional Futurist and the country's only of the Millennial generation. A decade a full-time Practicing Futurist, and he remains Singapore's youngest and one of Asia's youngest in the profession.
He is also known endearingly (besides being referred to as "The Singapore Futurist" by his peers worldwide) as "The Asian Futurist" and "The Millennial Futurist"
Life in Techtopia - The Direction and Destination of the 21st Century Technol...Harish Shah
A free eBook by Harish Shah, endearingly known as "The Singapore Futurist", presenting scenarios of life in the future, where the emerging technologies of the early 21st Century reach their full potential and converge to effect optimal synergies.
A one-of-a-kind unique Coaching programme for early stage Founders, Entrepreneurs, Small Business Owners and Self-Employed Persons.
A Mind Evolution Original, this programme is Custom-Tailored, Time Efficient and highly Target-Oriented.
Evolve, is a free self-help and self-improvement ebook written by Harish Shah, also endearingly known as Coach Harry. It is written with the intention to guide the reader towards self-evolution, for a more meaningful and happier life.
Evolve is free for anyone to download and read. It is however not to be copied, whether in part or whole, reproduced or distributed for any commercial purpose whatsoever, in any form or media, without the author's express written permission.
A talk designed for Senior Business Leaders, to update them on technology that is on the horizon, that will eventually impact their consumers, industries and their businesses.
THE IMPACTS OF EMERGING TECHNOLOGIES ON THE FUTURE OF HEALTH & MEDICINEHarish Shah
Future Scenarios by Harish “The Singapore Futurist” Shah, describing outcomes in the health and medicine environment resulting from currently emerging technologies reaching their potential.
Harish shah - Speaker Profile - LinkedIn: A Bridge to Your FutureHarish Shah
Speaker Profile of Harish Shah for his talk titled "LinkedIn: A Bridge to Your Future" aimed at helping users optimally gain from the benefits presented by the online Professional Networking Platform
A brief overview of a Futurist Keynote talk on the subject of 'The Future of Payments' by Asia's and the Millennial generation's top current Professional Futurist known as "The Singapore Futurist, Harish Shah.
Improving profitability for small businessBen Wann
In this comprehensive presentation, we will explore strategies and practical tips for enhancing profitability in small businesses. Tailored to meet the unique challenges faced by small enterprises, this session covers various aspects that directly impact the bottom line. Attendees will learn how to optimize operational efficiency, manage expenses, and increase revenue through innovative marketing and customer engagement techniques.
Kseniya Leshchenko: Shared development support service model as the way to ma...Lviv Startup Club
Kseniya Leshchenko: Shared development support service model as the way to make small projects with small budgets profitable for the company (UA)
Kyiv PMDay 2024 Summer
Website – www.pmday.org
Youtube – https://www.youtube.com/startuplviv
FB – https://www.facebook.com/pmdayconference
Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Affordable Stationery Printing Services in Jaipur | Navpack n PrintNavpack & Print
Looking for professional printing services in Jaipur? Navpack n Print offers high-quality and affordable stationery printing for all your business needs. Stand out with custom stationery designs and fast turnaround times. Contact us today for a quote!
Memorandum Of Association Constitution of Company.pptseri bangash
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
www.seribangash.com
Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
"𝑩𝑬𝑮𝑼𝑵 𝑾𝑰𝑻𝑯 𝑻𝑱 𝑰𝑺 𝑯𝑨𝑳𝑭 𝑫𝑶𝑵𝑬"
𝐓𝐉 𝐂𝐨𝐦𝐬 (𝐓𝐉 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
𝐓𝐉 𝐂𝐨𝐦𝐬 provides unlimited package services including such as Event organizing, Event planning, Event production, Manpower, PR marketing, Design 2D/3D, VIP protocols, Interpreter agency, etc.
Sports events - Golf competitions/billiards competitions/company sports events: dynamic and challenging
⭐ 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐝 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬:
➢ 2024 BAEKHYUN [Lonsdaleite] IN HO CHI MINH
➢ SUPER JUNIOR-L.S.S. THE SHOW : Th3ee Guys in HO CHI MINH
➢FreenBecky 1st Fan Meeting in Vietnam
➢CHILDREN ART EXHIBITION 2024: BEYOND BARRIERS
➢ WOW K-Music Festival 2023
➢ Winner [CROSS] Tour in HCM
➢ Super Show 9 in HCM with Super Junior
➢ HCMC - Gyeongsangbuk-do Culture and Tourism Festival
➢ Korean Vietnam Partnership - Fair with LG
➢ Korean President visits Samsung Electronics R&D Center
➢ Vietnam Food Expo with Lotte Wellfood
"𝐄𝐯𝐞𝐫𝐲 𝐞𝐯𝐞𝐧𝐭 𝐢𝐬 𝐚 𝐬𝐭𝐨𝐫𝐲, 𝐚 𝐬𝐩𝐞𝐜𝐢𝐚𝐥 𝐣𝐨𝐮𝐫𝐧𝐞𝐲. 𝐖𝐞 𝐚𝐥𝐰𝐚𝐲𝐬 𝐛𝐞𝐥𝐢𝐞𝐯𝐞 𝐭𝐡𝐚𝐭 𝐬𝐡𝐨𝐫𝐭𝐥𝐲 𝐲𝐨𝐮 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐚 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐨𝐮𝐫 𝐬𝐭𝐨𝐫𝐢𝐞𝐬."
What is the TDS Return Filing Due Date for FY 2024-25.pdfseoforlegalpillers
It is crucial for the taxpayers to understand about the TDS Return Filing Due Date, so that they can fulfill your TDS obligations efficiently. Taxpayers can avoid penalties by sticking to the deadlines and by accurate filing of TDS. Timely filing of TDS will make sure about the availability of tax credits. You can also seek the professional guidance of experts like Legal Pillers for timely filing of the TDS Return.
Digital Transformation and IT Strategy Toolkit and TemplatesAurelien Domont, MBA
This Digital Transformation and IT Strategy Toolkit was created by ex-McKinsey, Deloitte and BCG Management Consultants, after more than 5,000 hours of work. It is considered the world's best & most comprehensive Digital Transformation and IT Strategy Toolkit. It includes all the Frameworks, Best Practices & Templates required to successfully undertake the Digital Transformation of your organization and define a robust IT Strategy.
Editable Toolkit to help you reuse our content: 700 Powerpoint slides | 35 Excel sheets | 84 minutes of Video training
This PowerPoint presentation is only a small preview of our Toolkits. For more details, visit www.domontconsulting.com
Attending a job Interview for B1 and B2 Englsih learnersErika906060
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1. STRATEGIC FORESIGHT FOR
EFFECTIVE INNOVATION
A Brief Overview of the Critical Importance and role of Strategic Foresight towards
Innovating Effectively
NOVEMBER 16, 2014
STRATSERV CONSULTANCY
51 Goldhill Plaza #07-10/11 Singapore 308900
2. STRATEGIC FORESIGHT FOR EFFECTIVE
INNOVATION
Page 1 of 9
CCCCONTENTSONTENTSONTENTSONTENTS
1. Purpose 2
2. Types of Innovation 3
3. The Need for Strategic Foresight Driven Innovation 4
4. Crafting Effective Innovation Strategies 5
5. Applying Strategic Foresight for Innovation 6-7
6. Strategic Foresight Methods to aid Innovation Strategies 8
7. About Stratserv Consultancy & Contact Information 9
3. STRATEGIC FORESIGHT FOR EFFECTIVE
INNOVATION
Page 2 of 9
1.1.1.1. PPPPURPOSEURPOSEURPOSEURPOSE
1.1 This document highlights the critical role of Strategic Foresight in the Innovation process to
ensure that outcomes of efforts and/or resources expanded are fruitful. This is because no
Innovation occurs without a certain amount or type of investment expanded. A failed Innovation
means a Negative Return on Investment. A successful Innovation means Positive Return of
Investment. This document identifies and highlights the effective application of Strategic
Foresight as the significant difference maker towards determining the success or failure of the
Innovation effort.
1.2 This document addresses Innovation objectives of commercial enterprises primarily, although,
content herein may also serve as point of reference for employees or decision makers of non-
commercial entities devising or managing Innovation Plans, Policies or Strategies.
1.3 This document acknowledges that Innovation is a process or action aimed at improvement
relative to status quo, with obvious benefits intended at the start of the Innovation process. This
document also acknowledges however, that upon expansion of efforts, resources and time
necessary on the conversion of an Innovative Idea into an implemented reality, the desirability
of the outcome is contingent upon actual costs, monetary or otherwise, incurred over the time
period and the actual relevance of the product or output of the Innovation effort at the time of
the Innovation process’ completion.
1.4 This document aims to educate the reader on the importance of anticipating the right
opportunities, as well as threats, including those of disruption, when drawing plans for
Innovation. This document also aims to educate the reader on the need to forecast the lifespan
or life-cycle of the product or intended consequence of Innovation efforts in considering the
impact upon ROI. The question this document aims to convince the reader to see the need to
ask and answer, is whether at the end of the Innovation effort, the Innovation will be worth the
resources, time and effort expanded? This document aims to educate the reader on the role of
Strategic Foresight in aiding that consideration effectively.
1.5 This document draws the reader’s attention to Strategic Foresight being a logically methodical
process that can provide valid objectivity to the thought and decision making processes behind
Innovation approaches within organisations.
1.6 This document is not an exhaustive resource on the subject of “Strategic Foresight for Effective
Innovation”, but rather a basic reference point for education and awareness.
4. STRATEGIC FORESIGHT FOR EFFECTIVE
INNOVATION
Page 3 of 9
2.2.2.2. TTTTYPES OFYPES OFYPES OFYPES OF IIIINNOVATIONNNOVATIONNNOVATIONNNOVATION
There are various types of Innovation for various purposes. Herein is a list along with implications. The
types of Innovation are not mutually exclusive. An Innovation can fit into multiple descriptions listed
herein. The definition for each type of Innovation mentioned herein is not exhaustive but intended to
provide the reader with the basic concept.
2.1 Process Innovation is when a process is re-engineered, restructured, amended, modified,
reinvented or improved upon for greater efficiency and/or effectiveness. This can be to increase
output rate or capacity, reduce waste, reduce cost or dependencies on particular resources, on
material or on labour. Process Innovation can be the Innovation of any process including but not
limited to, production, administration, logistics, including packaging, or marketing.
2.2 Technological Innovation is the improvement of a technological object or system, whether
software or hardware, to enhance performance by any means or measure, such as increasing
functionality, speed of operation or ease of usage.
2.3 Product Innovation is the improvement upon or creation of a product that outperforms existing
or pre-existing products, substitutes or alternatives in terms of serving a particular purpose or
meeting a particular need.
2.4 Business Model Innovation is the improvement upon an existing or creation of a new type of
business setup, structure, design or method of commercial operation to better deliver goods or
services to customers/clients in terms of efficiency or effectiveness, often involving strategically
advantageous cost or price benefits to the owners or beneficiaries of the Innovative Model.
2.5 Disruptive Innovation is the type of innovation that disrupts an existing product or service
currently sold by existing entities on the market. While your Disruptive Innovation in the form of
a deliverable good or deliverable service may disrupt the products of others, that very same
product resulting from your Disruptive Innovation may be disrupted in time by the Disruptive
Innovation of another. An interesting point to note, is that while engaging in efforts to realise a
Disruptive Innovation that would disrupt existing products, someone else may complete a
Disruptive Innovation that Disrupts, meaning, renders irrelevant or obsolete, your Disruptive
Product while it is still in the Innovation Stage, before it is ready to be sold or marketed.
2.6 Innovation for Sustainability is when a product or process is improved upon to reduce negative
impact upon the environment, at times at a greater cost or lower short-term profitability to the
Innovator, as well as the consumer or client who inherits the cost burden of the Innovation.
5. STRATEGIC FORESIGHT FOR EFFECTIVE
INNOVATION
Page 4 of 9
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As of November 2014, we live in a world well accustomed to constant changes, shifts and evolutions in
technologies, market realities and consumer trends. The pace of Scientific and Technological progress is
unprecedented in human history at the time of this document being released.
The current environment provides a fertile landscape for Disruptive Innovation which creates new
markets to render incumbent ones obsolete. In fact, Disruption is embraced as part and parcel of
business culture with wide adoption of strategies such as Blue Ocean for example that renders existing
competition irrelevant as a factor in product commercialisation effectively.
Besides the rapid change and progress, where a Disruptive Product may be disrupted before it reaches
the market space potentially, the environment we live in is also increasingly unpredictable. Whether it is
increasing armed conflict or increasingly felt effects of global climate or weather pattern change,
whether the change or innovation is relevant at the time it is achieved rather than thought of or
planned, is genuinely in question.
If Innovation were for the present, it would already have been executed and implemented. The process
of Innovation begins, with a desired or intended outcome, whether in the form of process, business
model or product, anticipated at the end of the process, at a point in time ahead, or in other words, in
the future.
The obstacle presented by the Future, unlike the other two segments of time, past and present, is that
its dynamics are unknown. We can analyse records of the past to comprehend the past. Based upon
which we can establish if a process or a product would have resulted in desired outcomes within a time
period in the past. As for the immediate present, we can look around and interact with networks or
resources for information to determine what works and what does not work. The future however, is a
segment in time that is relatively unknown because it has not yet occurred, we have not been there and
the information about it therefore has yet to be created. What needs to be done therefore to
comprehend this relatively unknown segment of time, is the crafting of possibilities, probabilities,
scenarios, projections and forecasts for the purposes of planning, determining and decision making. This
is where Strategic Foresight comes into play.
Upon expenditure of time, capital, effort and other resources, an Innovation effort may be redundant
because the outcomes or output may be irrelevant in the context of the realities or scenarios that play
out in the future, or events that occur between or after the starting point and the end point of an
Innovation effort may disrupt or overshadow the effort’s results or output.
Innovation itself cannot be abstained from as with the current pace of change, progress and Innovative
developments, ultimately means being disrupted or displaced or being rendered obsolete by the
Innovation of others, if an organisation itself does not anticipate through Strategic Foresight the possible
Innovations that may threaten it and engage in Innovation of its own to stay ahead or at least relevant.
6. STRATEGIC FORESIGHT FOR EFFECTIVE
INNOVATION
Page 5 of 9
4.4.4.4. CCCCRAFTINGRAFTINGRAFTINGRAFTING EEEEFFECTIVEFFECTIVEFFECTIVEFFECTIVE IIIINNOVATIONNNOVATIONNNOVATIONNNOVATION SSSSTRATEGIESTRATEGIESTRATEGIESTRATEGIES
To craft an Effective Innovation Strategy, the ideal first step is to ask and answer the following litmus
questions:
• What kind of Innovation is necessary and why?
• Are you better off not innovating on the principle that “if it isn’t broken, don’t fix it”?
• Will the investment in the Innovation Effort(s) be recovered?
• What are the opportunity costs of channelling attention, time, effort, capital and other
resources towards the Innovation effort?
• Are the opportunity costs of pursuing an Innovation worth incurring?
• What is the ROI that can be expected from pursuing an Innovation effort?
• What is the estimation of the expected ROI in the Innovation effort that is based upon?
• Is it possible that another development elsewhere will render your Innovation irrelevant or
redundant?
• How will your innovation be accepted or received by the people who need to accept it for it to
matter or for it to work for you? (i.e., your staff, your customers, your partners)
The questions above are future-oriented when asked at the start of the Innovation process, as they
should be. For these questions to be answered effectively therefore, Strategic Foresight needs to be
applied.
The above questions should form the guiding pillar for the Innovation policy at any organisation.
Acquisition, maintenance and application of Strategic Foresight in addressing the questions to
determine relevance, feasibility and desirability of any new Innovation pursuit should be the first step in
the Innovation process.
When Strategic Foresight is effectively applied to acquire the best possible answers, scenarios or
considerations in addressing the critical questions listed herein, an organisation is adequately prepared
to draw out and pursue or execute strategies and plans for Innovation.
The means to effectively answering the questions herein, is to apply Systems Thinking, considering all
factors as part of a greater interdependent system. The use of Scenario Planning to construct and
surface the most probably Future probabilities aids identification of possible cross-impacts of changes
foreseeable in the horizon through monitoring and environmental scanning, to factors within “systems”
such as the department, business unit, organisation, market, industry or economy. The cross-impacts
can be analysed to ascertain opportunities, threats or costs and benefits, in pursuing alternative actions.
This aids educated decision making on matters of investment, monetary or non-monetary, including in
relation to options for Innovation pursuit. As such, with the effective use of Strategic Foresight and its
methods, effective Innovation Strategies may be crafted.
7. STRATEGIC FORESIGHT FOR EFFECTIVE
INNOVATION
Page 6 of 9
5.5.5.5. AAAAPPLYINGPPLYINGPPLYINGPPLYING SSSSTRATEGICTRATEGICTRATEGICTRATEGIC FFFFORESIGHT FORORESIGHT FORORESIGHT FORORESIGHT FOR IIIINNOVATIONNNOVATIONNNOVATIONNNOVATION
5.1 Identifying risks is a function of Strategic Foresight. With costs attached, monetary or otherwise,
to any Innovation effort, naturally there are risks involved. Identifying risks upfront enables and
empowers decision makers to mitigate them by making necessary provisions or adjustments
within their strategies. Identifying risks aids identification of need for Innovation or type of
Innovation to mitigate the risks faced by maintaining status quo. Identifying the risks that could
cause failure to the product of Innovation or a loss arising from engaging in the Innovation effort
could aid decisions on whether to pursue the effort or not. It could also influence the crafting of
the strategy to mitigate the possible threats to the success or profitability of the Innovation. If
factored, risks identified can guide decisions in choosing to pursue an Innovation effort or not,
and steps to mitigating risks, if the decision to pursue an effort is made.
5.2 Strategic Foresight is also applied to identify opportunities. Seeing opportunities before others
provides an advantage to pursue a possibility or idea that is Innovative In nature ahead of others
to gain a first mover advantage or to perfect expertise or knowledge in an area that would grant
Strategic Advantage in the market place before the same opportunity is tapped by others.
5.3 Anticipating Disruption whether in the form of emergence of a Disruptive Technology, Disruptive
Innovation by another market entity or a Disruptive Event on the horizon enables an educated
measure of an existing or future product’s life-cycle or lifespan. Anticipating an eventual future
disruption of a product, justifies whether to pursue or not pursue efforts to innovate for the
purpose of extending or renewing its life-cycle. If a life-cycle cannot be extended or renewed
despite Innovative efforts or spending, the question is warranted in the decision making process
as to whether the ROI before the end of the product life-cycle on the Innovation expense will be
adequate.
5.4 Knowledge of anticipated technologies ahead play a critical role in ensuring a sound judgement
call in pursuing Innovation efforts. Convergence of anticipated technologies may lead to
Disruptive Innovations in the future that would potentially disrupt the Disruptive Innovations
preceding them. What this means for an organisation is that completely new and Innovative
product may not lead to desirable returns if it’s lifespan in the market is short-lived due to a
subsequent Disruptive Innovation by another business entity. Knowledge of anticipated
technologies provides useful constructive ideas for Innovation of process, products or models
that do not yet exist that can be worked on gradually as an anticipated technology becomes
available, to facilitate ground-breaking Innovation.
8. STRATEGIC FORESIGHT FOR EFFECTIVE
INNOVATION
Page 7 of 9
5.5 Even if the impact of a future development or emergence of a new product or process does not
amount to disruption, it may pose a threat to the product’s marketability. Anticipation and
identification of the threat can aid mitigation through contingent measures within internal
strategies including those of Innovation.
5.6 Strategic knowledge of impending or possible changes to laws or regulations enable Innovators
to pre-empt possible compliance problems ahead. By analysis of laws and regulations, both
existing and possibly those that may come into effect ahead, thought could be applied to
develop scenarios where a product of Innovation may be abused by an external stakeholder
raising issues of ethics, social responsibility, safety or other matters pertaining to public interest,
legality or compliance. The development of these scenarios helps in then planning and
implementing safe guards against risks of abuse, to ensure that the product of Innovation is not
rejected, banned or restricted for legal or regulatory purposes.
5.7 Strategic Foresight of the labour market enables Innovators to objectively envision the cost or
feasibility of maintaining the outcome of an Innovation effort. For example, upon Innovating a
production process, if there is going to be a skills shortage on the labour market to ensure
continuity of the new Innovative method, regardless of how effective or efficient it may be if
pursued, the Innovative process will be difficult to maintain. If a goods item that is
technologically Innovative but requires a particular skill set to maintain after sales, that will be
short in supply, maintaining long-term sales of the Innovative good would pose difficulties.
5.8 An Innovation that disrupts another line of the Innovator’s own products that are profitable, will
result in internal cannibalisation. A scenario can possibly emerge, that selling an existing product
line may be more profitable, for various reasons, and it may be disrupted causing an overall loss.
It is also possible that newly Innovated product will reduce consumers’ need for multiple
products sold by the Innovator before the new product is innovated.
5.9 Socio-cultural and behavioural changes can alter consumer or worker attitudes and preferences,
which can affect reception or acceptance of Innovative processes or products. With Strategic
Foresight, these changes can be anticipated and factored for in the Innovation Strategy.
9. STRATEGIC FORESIGHT FOR EFFECTIVE
INNOVATION
Page 8 of 9
6.6.6.6. SSSSTRATEGICTRATEGICTRATEGICTRATEGIC FFFFORESIGHTORESIGHTORESIGHTORESIGHT MMMMETHODS TOETHODS TOETHODS TOETHODS TO AAAAIDIDIDID IIIINNOVATIONNNOVATIONNNOVATIONNNOVATION SSSSTRATEGIESTRATEGIESTRATEGIESTRATEGIES
6.1 Environmental Scanning is broad and detailed research. Information is gathered from a myriad
of literature sources. The purpose of Environmental Scanning is to collect and table / list all
possible factors that may or are likely to affect the strategy for which the forecast or projection
exercise is intended. Environmental Scanning involves the scanning and analysis of the
environment at multiple levels. It includes identification and analysis of shifts, trends, events,
issues and interests. Environmental Scanning requires the consideration and analysis of the
following factors:
Political
Economical
Socio-Cultural
Technological
Environmental (as in sustainability, nature, climate, etc)
Legal
6.2 Scenario Planning is the identification of possibilities that may play out in the future period, or
time-frame being planned for. These possibilities are derived from trends and events of the past
to the present. Strategies or decisions are drawn upon what best meets the most likely
possibilities along with contingencies, whether for the known or the unknown.
6.3 Monitoring is the action of constantly scanning for, detecting, projecting, assessing / evaluating,
responding to and tracking events as they occur, as well as following their impacts.
6.4 Failure Mode Analysis is the method with which potential failures are examined. This method is
particularly useful when forecasting for risk management or product commercialisation or a new
market entry. Users can construct remedial measures for embedding into strategies to mitigate
possible threats, obstacles or failures ahead.
6.5 The Futures Wheel is used to chart out the secondary and tertiary level outcomes of trends and
events. The aim of this method is to understand the ripple effects of a trend, event or development.
6.6 Social Network Analysis facilitates the prediction of individual behaviours, group behaviours,
organisational behaviours, societal behaviours and changing consumer preferences. To illustrate how
powerful this method is, take for example, that is possible to project outcomes of national elections
with the application of this method.
6.7 Trend Analysis is a method used hand-in-hand with daily monitoring with a trend with potential
for long-term or significant impact being analysed upon identification. It aid in identifying future
impacts. Analysis in the method can be both qualitative and quantitative.
10. STRATEGIC FORESIGHT FOR EFFECTIVE
INNOVATION
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7.7.7.7. AAAABOUTBOUTBOUTBOUT SSSSTRATSERVTRATSERVTRATSERVTRATSERV CCCCONSULTANCYONSULTANCYONSULTANCYONSULTANCY &&&& CCCCONTACTONTACTONTACTONTACT IIIINFORMATIONNFORMATIONNFORMATIONNFORMATION
Stratserv Consultancy is a Singapore registered Management Consulting practice founded and managed
by Singapore’s first local born Professional Futurist, Harish Shah, offering a broad range of Strategy
Consulting services, with Strategic Foresight as its core strength. Stratserv’s services to clients include:
Strategic Foresight
Branding Strategy
Change Management Strategy
Communication Strategy
Innovation Management Strategy
Marketing Strategy
Negotiation Strategy
Social Media & Network Strategy
Futurist Talks and Workshops
Stratserv Consultancy leverages on a strong strategic global network consisting of established
Professional Futurists, Management Consultants, Thought Leaders, Academics and Captains of Industry
to ensure quality inputs to clients.
Stratserv Consultancy has also forged Strategic Market Alliances with a list of emerging and unique
Consulting service providers internationally to leverage on complementing competencies.
Apart from being Singapore’s first local born Professional Futurists, Harish Shah is one of the youngest in
the profession worldwide. His name has become synonymous with Strategic Foresight or Future Studies
in Asia and he known globally as “The Singapore Futurist”. He has fast established himself as a key point
of reference for long-term visioning especially in the areas of New & Emerging Technologies and future
Business Models.
Harish Shah’s Futurist articles and commentaries have widely been published in Asia, North America and
Europe.
To contact Stratserv Consultancy, you may call Harish Shah directly at +65 94510637 or email him at
harish_shah@stratservconsultancy.com
You may visit Stratserv Consultancy’s website at www.stratservconsultancy.com