Web3 will fundamentally change the internet as we know it. But investing without a strategy won’t yield a high ROI. KPMG takes a three-step approach to help businesses learn the Web3 landscape, seize its potential, and launch successful pilot programs.
As environmental, social, and governance (ESG) concerns rise, there is renewed impetus to adopt foundational, long-lasting practices that are consistent with the 2030 UN Sustainable Development Goals. Ludwig Melik lays out a path for progress.
As more brands venture into the metaverse, they can learn a lot from the ever-evolving gaming industry. Here are five lessons to consider as you develop your strategy.
Here’s how Dallas/Fort Worth International Airport created an e-learning course to promote the idea that everyone can — and should — participate in the innovation process.
“As we look to bounce back from the tragedy and challenges of the past two-plus years,” writes Wazoku CEO Simon Hill, “the tools of innovation will be critical, and those who get it right will emerge stronger, more agile, and future fit.” More of Hill’s perspective inside…
It’s hard to overstate this simple fact: the beginning of an innovation process is where the opportunity lives or dies. If you don’t set the stage for innovation with the proper context, you won’t achieve the kind of outcomes that can transform your business.
The term “unprecedented disruption” has been so overused it has almost lost its meaning. However, as the pandemic continues to turn business models on their heads, it is increasingly clear that the future of business is being rewritten before our eyes. This piece offers five tips for making the right bets on emerging technologies — today — to ensure that digital disruption is deliberate and strategic.
Ingenious design is found everywhere in today’s competitive business landscape. John Edson and Brett Lovelady of PA Consulting discuss how to bake design into company culture, and the lessons designers can learn from top brands, such as Apple.
Startup-corporate partnerships play an increasingly important role in the corporate innovation journey and startup evolution. Catarina Madeira and Irina Sigalovsky of MIT provide an overview of Innovation Leader’s latest research report.
Three experts from PA Consulting share advice and best practices on reinvigorating a company’s approach to design.
A look at the $2.25 trillion American Jobs Plan, from Roy Levy of Spyre Group. One challenge Levy highlights: the capacity of local governments and large businesses to work with, and source from, fast-paced startups and small businesses.
Finding the sweet spot between inside-out and outside-in activity should reflect the current and future business outlook for your sector, how much disruption your corporate culture will embrace, and whether there are enough folks in your organization with an entrepreneurial mindset to make the pursuit of innovation a reality.
From sales and supply chains to finance and tax, even the best-managed organizations have scrambled to become more agile and collaborative. Despite some temporary fixes, it’s clear that taking decisive action in a constantly changing environment is hindered by data that remains heavily siloed by function and department.
More than ever, companies must have a robust innovation capability to develop solutions that meet changing customer and market demands…
How can banks shape digital banking business models to be attractive to customers and profitable in the long term? Deloitte embarked on a mission to answer this question with a new study.
Corporate life expectancy is at an all-time low — down 300 percent since the 1980s. But why is it that an organization’s survival has become such a critical challenge?
Businesses no longer have the same amount of knowledge about a situation, nor can they accurately predict its outcomes. This trend is paving the way for an entirely new generation of open innovators.
Kevin Bolen, Global Head of Market Intelligence at KPMG LLP, offers three guiding principles for managing periods of disruption and uncertainty.
In two months, education underwent a shift faster than it had in 200 years. How might we adapt to remote learning, while also using this moment to reimagine education?
Digitizing the management of startup ecosystems is no more daunting than managing complex processes in sales, marketing, or supply chain automation. Get best practices…
Every innovator is motivated by the desire to create positive impact in the world. But the positive effects often have unintended consequences.
The best innovators recognize that discipline is not innate. We have identified five key areas leaders should focus on in order to build a strong innovation discipline.
During times of massive cuts, the building blocks for innovation are vulnerable — despite innovation being more important today than ever before. But what happens next?
Fiona Grandi of KPMG LLP shares a simple framework to reinvent your business strategy across five primary pillars: employees, customers, financial model, supply chain and ecosystem, and unknown-unknowns.
As the world grapples with the current public health crisis and its long-tail impacts on society and the economy, many CEOs and their boards of directors are looking for reasons not to invest in innovation.
Leaders navigating the uncertain seas of innovation are a lot like sailors preparing to brave a long journey. Planbox offers tips on preparing for a storm ahead.
We asked our strategic partner firms to share their latest resources and advice for corporate innovators who are grappling with uncertainty.
Everyone loves a good story. Stories are a great way to inspire, engage, and share lessons learned, and this is especially true for companies that want to step up their innovation game. Without stories, everything is just a report.
Through waves of technological change, the Bose brand has remained synonymous with state-of-the-art sound. But like many successful companies, as it faces new competitors and blurring industry boundaries, the company’s search for new growth has forced a kind of existential dilemma: Are we an audio company? Or something more?
Failure in some of your innovation initiatives is, more often than not, inevitable. The lack of visibility into the ROI of innovation activities and the fact that today’s duds can sometimes become tomorrow’s commercial successes tells you everything you need to know about this problem. Innovation remains the most elusive ...
Ingenuity isn’t the preserve of a select few. It’s the fundamental driving force of humanity. It pushes us all to go further, faster, and it’s central to innovation. Get five aspects of agility that can help your team unlock innovation.
The tension between operational excellence and transformational growth has been exposed. Find out how your company can balance the two…
Big companies know they should act more like startups, but how do you actually achieve that culture in your organization? Get insights from our partners at IDEO…
In the digital era, both extension strategies are viable. Look at the choice from the point of view of companies who are incumbents in their industries.
Here is a collection of the most popular innovation management system questions we have been asked over the years and strategies to address them.
Measuring innovation can feel sterile, uninspiring, and judgmental. Here are three subtle changes to your measurement process to improve your program…
Understanding the challenges of IoT will open unimagined opportunities—changing the way you do business, even changing the nature of your business…
Why, you ask, the power of yes? And, how the heck does the power of yes connect with innovation? Find out more from the Nason Group…
Here are some of the common and surmountable impediments to innovation that happen frequently and tips for overcoming them.
Corporate innovators appreciate when they don’t have to start from scratch. Find out how to create harmony between existing initiatives…
Incremental innovation is great. But a change is coming that will call for a more fundamental shift. Find out how to build a culture that prepares for the future…