In the fast-changing, thin-margin world of consumer products, new winners and losers are created every day. Speed of innovation, time-to-market, and employee productivity can mean the difference between the next hot trend and a warehouse full of excess inventory. Success in the highly competitive consumer packaged goods (CPG) and retail industry depends on broad-ranging collaboration, accelerated innovation, and employees who are empowered and productive every step along the way—from product development, to merchandising and sourcing, to store management and customer service.
I’ve been spending a lot of time talking and thinking about a world in which everything is connected. The Internet of Everything isn’t some futuristic Idea that we are dreaming about, it’s charging forward at incredible speed and everything is being connected. I’d like to look at five characteristics or truths about IOE that are becoming evident:
Last week I attended the Consumerization of IT in the Enterprise (CITE) expo in San Francisco – home of delicious seafood and great surfing. At the conference I had a chance to talk about the changing tide of IT and how we can prepare for the next big swell.
Throughout history there are moments in time that define innovation.
In 1939, two guys in a garage built the first audio oscillator. It was sold to Disney and helped create Fantasia. In 1973, Motorola built the first mobile phone. It weighed 2.5 pounds and was 9 inches long. It let you talk for 30 minutes. Then you needed 10 hours to charge it. This was innovation at its finest.
When you hear or see the term innovation, what does it make you think of next? Is it a start-up, a product, a large corporate — or something else?
The term innovation is overused so much in today’s business world that I am getting tired of reading about it. People have included the word on their LinkedIn profiles “…I am an innovative individual…’’
Are you, really? What have you done that proves this statement? What new business venture have you started, or new product did you invent?
Orchestras are often used as metaphors for all sorts of things--organizational structure, planning sessions and even families.
Have you been to the symphony recently? Musicians sit in a regimented ordering around the stage. The concertmaster sets the tune. The conductor lifts the baton. And then, with the pull of a bow across a string, or breath across a mouthpiece, the music begins. Throughout the performance, each section of the orchestra plays a specific part – either separately or together – to create a harmonized work of art.
The prestigious Czech National Orchestra, known for its versatility, lived up to its reputation during a recent performance (for a new BNP product called Hello Bank!). They put their instruments – some hundreds of years old – aside in favor of newer, more common instruments: smartphones and tablets.
Tags: cinema, Cisco Connected Stadium Wi-Fi, Cisco Sports & Entertainment, entertainment, innovation, Internet of Everything, internet of things, IoE, IoT, movies, network, Networked Entertainment, technology, video