How do you produce ideas for new innovations? Here is a great technique: Extract some basic ideas from existing products and inventions, and then apply them to new areas.If you look at a thermostat, for example, you might think “A device to control the indoor climate.” This is certainly an idea that can be used [...]
According to an iKS-Consulting report, there were more than 300 BWA operator networks in 2006, while in 2002 only 120 networks operated in Russia. Despite its dynamic development the market size remains modest: the sales of BWA equipment doesn’t exceed USD 20 million annually. While on a corporate level BWA share is growing, yet it [...]
New technology and software solutions, especially large-scale solutions, generally mean changes to operations, business processes, employee learning, reporting, and even how a business engages its client-base.If your organization is faced with significant change, you might want to consider undertaking a change facilitation process to help ensure that everyone affected can play a role in making [...]
Patents are the largest source of technological information. Patent are given to the inventor as a reward for its innovation in the form of the exclusive right of the monopoly for a period of 20 years from the priority date of the invention. Due to advancement in the IT sector and internet, now these valuable [...]
What is business model innovation (BMI)?BMI is about finding new ways to add value to a business in the face of rapidly changing circumstances – economic, social, environmental, technological and political, global, national and local. People have been devising innovative ways to do business for centuries. The explosion in the breadth, scope and power of [...]
