In recent years, Fortune 500 businesses have utilized a variety of approaches and positions to encourage an innovative culture within their organizations, with varying degrees of success. Now that growth is once again a corporate priority (after years of cost cutting efforts) and the understanding of how to create innovative cultures improves, there has been increasing focus on this issue from executive leadership.
Google Now is the future of data. The company’s already catalogued the world and placed it in our hands. It's now giving us the information we want, when we want it. Google Now is so ubiquitous that we almost miss just how impactful the technology is—and how much it tells us about where our world is heading.
This post previously appeared on the US Chamber of Commerce Blog and website for the US Chamber of Commerce Foundation's Center for Education and Workforce.
The road to innovation is littered with obstacles, and continuing on the path takes more than just a good idea; it demands perseverance and passion. Yet, from what does this drive stem? Looking to examples where data-based insights led to breakthrough innovations (such as Dr.
Whenever a concept or topic breaks into the mainstream, there is a tendency for public and media discussion to oversimplify it. This is true in the case of Big Data, which is widely mentioned but remains poorly defined and understood.
Abundance is a powerful word that promises many things.
The top executive of a major U.S. energy supplier said America must pursue policies that ensure a stable flow of electricity supply, and warned against too much enthusiasm for renewable sources.
Tech hubs are blossoming in America's big metros. Not just in Silicon Valley, but in New York City and Boston too. Richard Florida's new "Startup City" report shows tech firms and venture capital "shifting back to the great urban centers."
This growth is great. But what about the rest of America? Surely there must be innovation bubbling up there. And if it is, financial capital should follow.
Elizabeth Holmes took a huge risk when she dropped out of Stanford to start her own company, but it was a risk worth taking.
“The worst part of success is trying to find someone who is happy for you.”
― Bette Midler
There have been so many celebrations of failure in business recently, it seems success has become a dirty word. From ideas like “failing up” as a way to celebrate rightfully-earned humility to entrepreneurs boasting about their failed ventures to potential investors, one is left to wonder about what success actually means.
We live in an ever-growing ocean of data. Our networked world is a data-producing machine, and increasingly businesses and governments are recognizing the great potential for groundbreaking innovation stemming this much-championed “Big Data.” Yet, innovations do not on their own bubble out of all this information. How exactly does data drive innovation and what are the tools that enable us to harness that data?
All the excitement over the age of “Big Data” sometimes seems to champion numbers and raw information as the source of world-changing innovations. The thing is, data on its own does nothing. It is the people who take an insight gleaned through data and run with it through all the frustrating hurdles of the innovation process that turn a sound insight into a viable, groundbreaking application.
On March 4, more than 500 leaders gathered for the U.S. Chamber of Commerce Foundation and United Nations’ International Women’s Day forum held at the United Nations. This annual conference discusses the private sector’s role in economically empowering women around the world. Surprisingly, a new star arose that day: data.
There's nothing like a surprise to get you started in the morning. Perhaps that's what President George W. Bush had in mind when he popped out from behind a stage curtain in Dallas this week.
You could say that innovating using Big Data requires looking for love in all the wrong places—and when you find that something to love, persevering through thick and thin to make it take hold for everyone’s mutual benefit.