In today's episode, we speak with Bem Le Hunte about her interesting new university curriculum designed to enhance the creativity and innovativeness of her students. Bem is the founding course director for the Bachelors of Creative Intelligence and Innovation at the University of Technology Sydney. Topics discussed in this episode: 00:01:15 - Why education of [...]
In today's episode, I speak with Duleesha Kulasoorya about how exponential technologies are already changing the way business is done, and how companies will need to adapt in order to survive. Duleesha leads Deloitte's Centre for the Edge practice in Asia, which tries to anticipate what will be important in the future for several industries. [...]
The fourth industrial revolution is no longer just something that companies need to prepare for - it’s a reality that has already arrived. Everything about our current landscape is changing, from how we communicate to the avenues we have for connectivity. In the age of Industry 4.0, the digital landscape and physical technologies are growing [...]
Introduction Top 1000 Companies which spend the most on R&D Industries which spend the most on R&D R&D Spend by country Fortune 500 list and their R&D spending Conclusions Methodology Introduction One of the key indicators of how much a company supports innovation is how much they spend on Research & Development (R&D). In this [...]
As someone who works for a strategy consultancy, it becomes clear that for most companies, there is a disconnect between what they say their strategy is, and how they actually behave. This can have a profound impact on the likely success rates of innovation in those companies. I recently rewatched the excellent TEDx talk by [...]
Artist Jeremy Mayer creates unbelievable sculptures using only parts from old typewriters. Using these, he creates fantastic models of people, birds, insects and other animals. In the video above, he describes his creative process, which is heavily based on constraints. I have written previously about the creative power of constraints. It is due to the [...]
If you've followed my work for a while, you'll know that I'm a big fan of the Ten Types of Innovation, a framework developed by Doblin (now a part of Deloitte). I previously listed it as the #2 innovation framework you should be using. And with good reason. I have used it frequently with clients [...]
Everyone knows instinctively that innovation feels risky, especially compared to large, established transformation projects (like IT implementations or operational restructuring). Yet how risky is innovation actually? According to research by Deloitte’s Doblin practice, in the majority of companies, only one in 25 innovation projects actually provides a tangible return on investment. That means that 96% [...]
When we think of what a mirror looks like, we usually think of a shiny surface which reflects light as a perfect image. However, Daniel Rozin has other ideas. As shown in the video above, Rozin creates amazing mechanical mirrors which mirror an image in a completely different way. Instead of reflecting light, his mirrors [...]
The Mexican Beer manufacturer Corona has found an innovative new solution to the problem of plastic packaging which holds packs of beer together. They have redesigned their beer cans so that the top and bottom have a semi-screw mechanism, allowing cans to be "locked together" and carried like a tube. Allegedly the system is strong [...]
