A CFO once said to me when we discussed mobility; “I don’t want an IT-project, I want a business development…
Read MoreBYOB (Bring Your Own Behavior) is a Driving Factor in the Adoption of Enterprise Mobility Applications
5 Highlights for IFS World Conference – #IFSWoCo2012
Five days to my first IFS World Conference in Gothenburg. As the conference theme “Innovation” suggests, we will be discussing all that is fresh and innovative. We’ll showcase the latest industry trends to help you benefit swiftly from the cutting-edge technology innovations to enhance operational efficiency and increase ROI.
If you are joining us this year, I have five highlights that I’m looking forward to…
Read MoreIFS Blogs Celebrates One Year Anniversary
Looking back over year, I can see how my behavior has completely changed. I have constantly had the radar switched on when it comes to learning and being influenced by my favorite subject—creativity and innovation. Writing blogs is also a fantastic way to process thoughts and ideas as you have to put them into words. I hope we have inspired you through the blogs to think and act differently when it comes to innovation and technology.
Read MoreMore Innovation Might Come Through Junction Philosophy
The innovation process includes all stages from generating the idea to developing and selling the idea as a fully fledged product innovation to the market. In your company’s innovation processes, make sure that you stay at the junction where YOU flourish, based on your own personal prerequisites. Don’t waste your energy by assuming you are someone else and end up at a junction that doesn’t suit you.
Read MoreThe Formula for Successful Innovation (3 of 3)
In a study of companies in the industrial, technology, and consumer goods sectors, a correlation can been seen between investment ratios and the distribution of innovation returns reflected in the share price. Among high performers that invest in all three levels of innovation, surveys reveal that the return ratio is the inverse of resource allocation. Companies that allocated according to the above investment ratios outperformed their peers, typically realizing a P/E premium of 10% to 20%.
Read MoreThe Formula for Successful Innovation (1 of 3)
Many times I have asked myself what the best-in-class innovation portfolio would look like. How should you balance the different innovation ambition levels such as incremental innovations with transformational (breaking news) innovations? Are there any numbers you can benchmark against and what ratio will have the most impact on your financial results and share price? What areas of management will boost the different levels of ambition?
Read MoreImitation is Better than Innovation
My advice is to always have your copycat glasses on and think how you can refine and evolve existing solutions on the market. Please bear in mind that many profitable innovations that have evolved from an existing technology or user behavior.
Read MoreWhy GitHub Will Matter to YOU!
If you’re a geek, the talk of the town right now is GitHub.
Explained in laymans terms, what GitHub is – on the surface – will be so boring to any regular person that you would stop reading about here… or maybe here!
But GitHub is anything but boring, and when you are done reading this article, you’ll be in the know of how the GitHub paradigm will have real impact on your daily life, in the very near future.
Read MoreHow Can a + Make the Difference?
In my role at IFS, formulating and communicating product visions and strategies for IFS Applications, I am constantly on the…
Read MoreWhat Innovation is All About—In only 4 minutes
Have a look at the movie (only 4 minutes) and then ask yourself the following two questions.
– Does my company have a space where ideas can mingle and swap?
– What makes me share my hunches with others’ hunches to get them to collide?
Pick One, Strong or Different – Either One Will be a Winning Strategy
It’s often said that access to information is a competitive advantage. We are living in an information society and selling knowledge and services is seen as a future-proven business model. But who will win the battle for the customers’ pockets?
Read MoreTip for 2012: Be Specialized—It has worked the last 10,000 years
What happens when you cut off the ability for people to specialize and exchange? The answer is that you slow down technology progress—or even regress. There are studies to prove this, e.g. what happened Tasmania 10 000 years ago when it was isolated as the waters rose. But we don’t have to look back some 10 000 years. Look what has happened with societies such as North Korea or some of the Arab countries when people have been cut off from the ability to specialize and trade.
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