The digital transformation of business models requires companies to rethink not just what they are offering but also how something is offered. After operating in primarily “physical” business models for years or decades, the reality is that most organizations deal with static processes that lead to slow release cycles.
The Fermi National Accelerator Laboratory (Fermilab) is trying to improve the quality of their scientific discourse by banning PowerPoint from their weekly Physics forum.
The forum organizers made a switch from slides to chalkboard-style talks about six months ago. This is part of a larger effort by the LPC to shift the biweekly meetings from monologue to dialogue.
The early days of new industries are characterized by a high number of companies entering with new products and technologies. The were hundreds of automobile manufacturers in the early 20th century and dozens of computer manufacturers in the 1980s when the personal computing industry started the emerge.
“In Search of Excellence” is not just the title of the book that has shaped business literature like no other book, but also an apt description of one of the main fascinations in management science: to understand the behaviors and characteristics that lead to excellence and as a consequence to success in business.
One of the central shortfalls of innovation methods or innovation processes is that only the actual activities to generate ideas are considered, the context within the organization in which these methods and processes are applied gets overlooked.
The development of a method for design thinking was a central part of my Ph.D. thesis. In order to show that the method and approach to do design thinking in mature organizations works, we have applied it in several projects with different companies.