The world today moves at the speed of constant innovation. Some innovations are large, like a new product idea; some are small, like a new feature — a button added or an enhancement to an existing ...
Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. There are two kinds of people in business: "Big Ideas" people and "Requirements" people. In ...
The Fast Company Executive Board is a private, fee-based network of influential leaders, experts, executives, and entrepreneurs who share their insights with our audience. BY Sokwoo Rhee The way ...
While Winston Churchill was famously supposed to have remarked that we should never waste a crisis, the reality is that during recessions, firms often tighten their belts and reduce the amount they ...
Breaking down silos is more important than ever. We often see departments stay within their team and job description confines. However, by sticking with these job titles, it often creates barriers and ...
Ultimately, innovation is the differentiator influencing consumer behavior, creating new revenue and increasing profit. Two key types of innovation drive increased profits: new-to-the-world solutions ...
One of the best innovation stories I’ve ever heard came to me from a senior executive at a leading tech firm. Apparently, his company had won a million-dollar contract to design a sensor that could ...
What a difference a couple of years make! The last time I wrote on this blog was June 2023. Many things have changed since then, and now the big kid on the block is AI. The rate at which the new ...