Smart Manufacturing Trends

Don’t Believe The Hype: Robots Will Save Factory Jobs

We no longer live in a one-size-fits all economy and organizations must embrace the new production models and mass customization of Smart Manufacturing. The factory of the future will be data driven, built on predictive machine analytics using Cobots and IoT sensors with blockchain resource supply chain management…oh and driverless trucks. So where are the people? Will robots completely remove the human component in manufacturing?

innovative corporate culture

Five Ways to Face the Fear of Innovation Before It’s Too Late

Some say that Corporate innovation is an oxymoron. Corporations are built to execute a known business model at scale. This is what makes them so different from startups. Startups are searching for a business model they hope to scale in the future, if they survive. It is our belief that this is why it is so difficult for corporations to innovate like startups. Difficult, but not impossible.

retail trends china

The Future of Retail is Already Happening

A customer visits their local grocery store where they can research and purchase items using their mobile phone or order online the items they want and have it delivered within an hour. Another customer heads to the mall and can order an out-of-stock color and size of a shirt they tried on in the store using a virtual shelf kiosk. A young woman uses a magic mirror in the ladies restroom to see new colors and styles of cosmetics which can then be purchased from a vending machine. A small shopkeeper uses big data to make sure his convenience store is stocked with the items his clientele demand most and these customers can order ahead and pick it up on their way home. Sounds like an interesting shopping experience in the future? Well, in China, the future is now.

How Retailers Should Pivot to Survive the Retail Apocalypse

Retail customers expect a shopping experience that is tailored to their needs. What used to be a niche or high-end personalized experience is becoming the norm. Retailers who have not adapted or are slow to change will become part of retail history. But there is still time to adapt and become part of the future of retail. Successful adaptation can take many forms, including creating a space for interaction and adventure within the retail space itself. Some retailers provide space …

Behind Every Successful Corporation are Hundreds of Startups Primed to Steal Their Customers

Startups exist to solve problems. They run lean and agile so they can pivot easily. Startup culture was born to innovate and like Jack the Giant Slayer, they can disrupt the profit centers of even the most successful corporations by essentially stealing their goose that lays the golden egg. This can leave affected corporations scrambling for relevance but unable to pivot quickly because of the weight of their corporate structure and lack of a top-down innovation mindset. Just look at …

Retailers Are Dying Because They Trusted Advertising not Data

Shopping became a social activity back in the late 1800s Britain with the opening of Selfridges, the first department store. Back then, it was unseemly for women to go places unaccompanied, but Selfridges provided them with a safe space to spend their days. The sexist jokes about women and shopping are too numerous to count, but Selfridges literally started the “women be shopping” movement. Department stores sprang up everywhere which then led to the beloved American shopping mall. Malls became …

How to Survive the Retail Apocalypse

We are on the edge of a massive extinction event. It’s not one you may think; it is the death of the American Shopping Mall. Retail giants like Sears, Macy’s and Kmart have all announced store closures with other big-box retailers and smaller specialty stores disappearing altogether.

Bottlenecks and Backstabbing: Leading Your Company Out of Organizational Debt

In this era of uncertainty and exponential change, running an organization can be harder than ever — even by seasoned leaders. Markets, technology, and knowledge are evolving faster that organizations can learn or adapt. The speed of change is even affecting the organization itself. This is why leadership skills, both innate and learned, are becoming increasingly important during this age of innovation.