Create an outside team of advisors. Unlike a focus group, they are not anonymous, but purposeful in providing valuable insight about the trends in your market. Your advisory team should always provide data, not assumptions, about what is trending and emerging so your company can be ahead of the learning curve. Members of your advisory team should have term limits, so you are always on-boarding fresh ideas every 2 to 4 years.
Excerpt from the Fast Company article;
Plenty of venerable media empires aspire to be players in the streaming wars. None is better positioned than Disney, which retooled its organization to deliver its own video services rather than license content to Netflix. “We’ll do a better job than others,” says direct-to-consumer chief Kevin Mayer. “We know [our] brands viscerally.”
One room is full of sequins and kids’ clothes. Another has lamps and tables, and yet another houses beakers of various dishwashing detergents. This is Target’s Minneapolis-based design lab, where Julie Guggemos, the company’s senior VP of product design, leads the creation of hundreds of thousands of items for the company’s in-house brands.
15 Alibaba group
Chinese commerce giant Alibaba’s Hema Xiansheng stores are the showpiece of what it calls “New Retail,” the seamless blending of the digital and physical experience. “Consumers don’t think about the world online versus offline,” says Alibaba Group president Michael Evans. “Neither should brands and retailers.”
Apple’s most impressive new product of 2018 wasn’t a phone or a tablet, but a chip: the A12 Bionic. Debuting in last fall’s iPhones, it’s the industry’s first processor based on a seven-nanometer manufacturing process. The A12’s 6.9 billion transistors deliver dramatically faster performance, lower power consumption, and more raw muscle for intensive applications.
click here for the full list at Fast Company.
Most members own BOSE products, and the noise cancellation head sets have become an essential travel companion. In our hero powered network we wondered “How does BOSE maintain it’s leadership position and continues to develop great products?”.
Here are some clues we found;
BOSE website; “But maybe the most important principle we live by is that innovation is not a destination, but a journey requiring new ideas from new players. So we invite creators, inventors, dreamers and talented people from all walks of life to bring their big ideas, passion and enthusiasm to Bose. See how you can be part of our innovation.”
The origin of the company lies with the founder’s passion to create better sound, Dr. Bose: “1956: The passion for better sound begins
Dr. Bose celebrates earning his PhD by buying himself a new hi-fi. Though he chooses the system based on his analysis of specifications, the sound quality of the winning design disappoints him. His curiosity about the discrepancy compels him to study and research acoustics at MIT in his spare time.“
Bose headphones are worn today by professional pilots and have been worn by space shuttle astronauts. Its car audio systems have been factory-installed in luxury brands such as Maserati and Maybach. And it still sells updated versions of its first product, the Bose 901 speaker. CNBC
One way the company achieved it’s technology leadership position is by staying a private company; “Bose was fond of saying that if he had been a public company CEO, he would have been fired several times over.
He once said, “If I tell you that ‘better’ inspires fear — that even in the corporate world, people are scared of something better, you’d say that’s ridiculous; everybody wants something better. Well, something better is always different. It isn’t possible to make something better that isn’t different. Whatever it is, if it’s exactly the same, it isn’t better. So it’s the ‘different’ that scares people. When something’s different, it’s a heck of a gamble. And that’s where ‘courage’ comes in.” CNBC
Maja Rudinac is sharing live from the CES 2019 in Las Vegas:
“Great start to ces2019, proud to be part of holland pavillion. Lea stands out everywhere. Thanks Hrh Prince Constantijn Van Oranje-Nassau, Mona Keijzer Lex Empress Philips Lifeline hashtagstartupdelta healthcare”
Robot Care Systems develops and markets support devices for people with cognitive or motion restrictions. We use robot technologies to build active support tools that help people live an independent life. RCS is a fast growing startup that was created by robotics specialists from the Technical University in Delft, and security company Lobeco in The Hague, the Netherlands. Our prize-winning first product, an autonomous stroller, is now in test in different care and rehabilitation centers.