The right framework of incentives can encourage partnerships and entrepreneurial ventures that spark unexpected growth. … Read More
GOING BEYOND MANUFACTURING For over seventy five years, the Latrobe, Penn. company has prospered by manufacturing high-performance tooling for those who reshape materials—from machine shops to mining operators to oil and gas drilling customers. But relationships with its customers had always been transactional, meaning there were lost opportunities to serve customers while they were actually… Read More
In a world of smart, connected objects, we offer five strategies for manufacturers still on the fence about how to approach this multi-trillion dollar opportunity. Read our article in IndustryWeek.… Read More
Three ways the Internet of Things is changing the game for industrial companies.… Read More
Contrary to popular belief, Thomas Edison did not invent the lightbulb. Twenty or so inventors and labs had already come up with similar designs when he patented his in 1879. What Edison really invented was affordable and accessible electric light. Edison’s breakthrough was guided by a fundamental insight: any given product is only as powerful […]… Read More
First, a confession. I am not a member of the Cult of Apple. Yes, I own an iPhone and an iMac and use a MacBook Pro and, occasionally, an iPad. But I own them primarily for practical reasons – I needed a portable device (iPod then iPhone) to listen to my playlists, and my husband […]… Read More
Most executives will admit that their companies don’t innovate in a reliable, orderly way. Too many breakthroughs happen only because of serendipity or individual heroism. Great ideas remain locked inside employees’ heads, and the concepts that are developed often aren’t the most promising. But there is a way to make innovation more systematic—without massive investments, restructuring, or even a single hire. In this article the Innosight authors explain how a company can build a “minimum viable” innovation function, in just three months.… Read More
After an unprecedented decade of growth, analysts wrote off 2013 as a year to forget for Apple. Most pundits agreed on what was wrong — a lack of breakthrough innovation since the passing of founder Steve Jobs. But in our view, Apple faces a deeper problem: the industries most susceptible to its unique disruptive formula are […]… Read More
Innosight’s Hannah Clark Steiman discusses the future of Apple’s new iWatch technology and what it will take for success in the marketplace.… Read More
The shale gas revolution has unleashed an abundance of low-cost energy. In what would have been unimaginable just a decade ago, the United States is now projected to become a net exporter of fossil fuels, a sea change driven by the discovery of natural gas fields across the United States and the development of innovative […]… Read More