The Next Economy will be driven by 10 key emerging technologies; one of them is blockchain. Ususally related to cryptocurrencies, it underpins them, but has many uses beyond money.
I love LEGO and supercars! From the department of “WOW” here’s something that will blow your mind. LEGO is well-known for building life-size objects of anything they can imagine. But I think they’ve topped themselves with a life-size driveable version of the Bugatti Chiron!
The work of innovation – whether you’re doing R&D, creating a breakthrough, pursuing a disruptive strategy or sustaining your core – is not business as usual. It doesn’t work in a straight line, and the more radical the project the more uncertainty there is. This is more evident in domains where lives are at stake; such as medicine.
Why do established businesses fail? Because they miss the future. And what contributes to them missing the future? Many things, among them is a focus on maintaining the status-quo while avoiding uncertainty.
Here’s a short story of how innovation dies inside established organizations that have a short-term results focus…