Created in conjunction with the Innovation Programmes, our professionally researched summaries of the latest in business and management innovation, drawn from the finest practitioner and academic presses globally, keep you at the forefront of innovation.
We say that our most valuable asset is the knowledge of our employees. However, organisations can often become too focused on using data to create insight and miss out on the intuitive insights of their best managers and experts. According to Dr. Viktor Dörfler, University of Strathclyde, it is all about getting the best of both worlds: analysing data where appropriate (Smart) and using intuition of experts when that is more promising (Art), as well as how the two can help one another (SmArt).Read More »
Sometimes we are too close to our work and our business to understand the full potential for both unlocking hidden value and managing potential risk. We are often too engrossed in doing “legacy activities” – working the way we’ve always done. According to Professor Victor Newman, University of Greenwich, there is a technique based on a simple law of success in the business jungle: think ahead of your competitors, anticipate their arrival as well as their strategy to protect yourself from dangerRead More »
Every day, we create 2.5 quintillion bytes of data – so much that 90% of data in the world today has been created in the last two years alone. When data sets get so big that they cannot be analysed by traditional data processing application tools, we have ‘Big Data’. Today, Big Data are woven into every sector, used to creating transparency, enabling experimentation, improving innovating, supporting decisions, increasing segmenting, etc. However, although organisations may hold an enormous amouRead More »
Augmented reality, or AR, has the ability to overlay the physical world with digital information, and have the two interact in real time. Pokémon Go is a famous recent example, but AR is more than a game. If used well, AR may have the capacity to deliver far-reaching strategic, service improvement and cost saving benefits. Whether in the private or public sector, AR is providing new opportunities for businesses and organisations to engage with customers, present and promote products and servicesRead More »