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Innovation Is Possible, Change Is Necessary
In contemporary competitive scenarios, the intensity of competition has grown tremendously with respect to the past, and innovation is the key to survival. An important part of companies' capacity for long-term success thus depends on knowing how to exploit technological evolution. Technological innovation can be incremental, leading to increasingly refining one's offer to customers in a process of ...
When Innovations are Fake
Innovators and startups have two tests to pass: the first is on illusions , that is, the ability to convince others that the future they envision is possible, and the second regards reality , i.e. when you realize if the future as imagined has actually come to be. The case of Theranos, a startup founded in 2003 by the 19-year old Elizabeth Holmes, shows how these two phases are indispensable to have ...
Digital Procurement Made in Italy
In the area of procurement, the new technologies currently considered to have the greatest medium-term impact on processes are those of "data analysis and visualization," whose descriptive and predictive capacities have various degrees of complexity.#Among the 618 digital procurement projects investigated in the study Digital Procurement. The State of the Art in Italy , conducted by the SDA Bocconi ...
Five Key Steps to Improve Management of Innovation
There are many organizations that must focus on innovation to survive and prosper. Innovation is not just one thing: organizations therefore need to develop specific innovation strategies based on their current situation and where they want to be in the future. Not only does a conceptual and logical link exist between a somewhat abstract concept of "innovation strategy" and the more concrete innovation ...
How and Why to Defend our Coolness
“Cool” and “coolness” are by definition evasive and liquid concepts. They change as a function of time, geography, aesthetic canons, and transnational or global subcultures. All of these elements tend to give the perception of what is cool an apparently unpredictable dynamism, and thus for decades now have been the subject of specialist analysis aimed at explaining the fundamental components ...
Hearing Aid Industry. The Hi-Tech Human Side
Hearing aids are vital medical devices that offer people with hearing loss the opportunity to regain their hearing function, whether it's congenital or due to a variety of factors that result in reduced hearing capacity. Typically dispensed through prescribed channels, their use requires the expertise of specialized professionals trained to regulatory standards established in almost every country. Over ...
Key Factors for Managing AI in Business
Some advances in knowledge and its application undoubtedly arouse more interest than others, raising many hopes for solutions to humanity's problems. In this case, we are referring to artificial intelligence, which has become the subject of debate and competition between the supporters and detractors of a discipline that is now at the center of the world's attention because of its importance and the ...
Creating Value with AI: Post-Digital Business Strategies
Despite the optimism and the rush to create increasingly powerful AI models, the overall benefits of artificial intelligence remain unclear outside of large tech companies. In many realities, the tangible effects are not evident, despite the wide accessibility of available solutions. This is because, as a general-purpose technology, AI takes time to manifest its full transformative potential. In this ...
Tradition and Innovation for Luxury Boating
Luxury boating is a dynamic and competitive sector and a significant contributor to the economy and image of made in Italy production at the global level. After years of crisis, the recent recovery has been driven by new technological, stylistic, and recreational solutions. In Italy, the sector is strongly characterized by a local, manual, artistic economy that is personalized based on the customer’s ...
Why and how to reduce the large amount of space debris
The increase of the number of space objects in low Earth orbit represents a threat for the long-term sustainability of the space environment, increasing the risk of collision between active satellites and space debris. The lack of a binding regulatory framework allows satellite operators not to take responsibility for maintaining the orbit, thus pursuing interests linked to their business. The model ...