769 CEOs from 40 countries were asked to rate their greatest concerns from among 121 challenges. The polled CEOs selected "excellence of execution" as the top challenge and "keeping consistent execution of strategy by top management" as the third-greatest concern. Sustained and steady top-line growth, which led the list last year, now ranks second, with profit growth fourth and finding qualified managerial talent fifth.
The survey responses reveal some remarkable regional differences. CEOs from Europe expressed greater … Read more
David Armano from Critical Mass will moderate a panel on "Always in Beta: How Big Business Can Benefit from 'Little' Innovation" at the Forrester Consumer Forum (October 10 to 13). Here's a quick synopsis: "Innovation isn't limited to R & rooms anymore. The Web 2.0 movement--powered by start-ups such as Twitter, Malhalo and even YouTube, has proven that innovation often happens in iterations. Build, launch, tweak, measure, repeat. Digital experiences seem to be 'always in beta'--learning and evolving along the way."
The fact that the Forrester Consumer Forum dedicates a panel to … Read more
Over at Micropersuasion, Steve Rubel is making a bold prediction: The portals will be big winners in the social-networking wars.
"Social networking is certainly rising and there seems to be no end in sight to the phenomenon. However, what I do know is that people will jump around from one Myfaceborkutspace to another and not all of them will win," Rubel wrote.
He is referring to Long Tail author Chris Anderson, who points out that all good web sites should have elements of social networking and therefore suggests that social networking is a "feature, not a destination.&… Read more
Now here's an innovation: "music on demand," in the truest sense of the meaning. Radiohead, the juggernauts of intelligentsia rock, announced that they will give away their new album "In Rainbows" as a download for whatever price consumers are willing to pay. The band is free to sell the new album directly from the official website because it is no longer tied to a record label. So far, the album is only available to pre-order, but it can be downloaded when released on October 10.
It's not the first time that an artist or … Read more
Management's focus on innovation comes and goes in cycles. Right now, it is all the rage again (although it remains to be seen if that's still the case as innovation budgets may be cut when the looming recession hits the US), and the business press is covering it all across the board. Managing innovation is one of the most critical tasks companies face, and yet it remains one of the biggest challenges. Not only do companies need to come up with new ideas, but they also need to nurture a culture that consistently encourages and rewards innovation. If … Read more
San Francisco will host thousands of designers from around the world when CONNECTING'07, the Icsid/IDSA World Design Congress, comes to town October 17-20. As the largest and most influential gathering of industrial designers to date, CONNECTING'07 will fill three major Nob Hill sites with prominent speakers, exhibits, and events. Related activities will also spill into the surrounding city, with many of San Francisco's design studios, companies, museums, design schools and stores holding receptions, open houses and tours. Representatives from nearly 500 internationally renowned corporations, design firms, government entities, and higher education institutions, spanning more than 35 … Read more
Steve Jobs shows no signs of retiring any time soon, but Jess McMullin, who runs the great Business+Design blog, thinks ahead and pre-emptively wraps his head around Apple's succession planning. In an open letter to the Apple board, he urges the directors to consider Jonathan Ive, Apple's SVP of industrial design, as Jobs' successor, if need be. (Mullin was obviously inspired by Bruce Nussbaum's "CEOs Must Be Designers, Not Just Hire Them" post several months ago.)
And yet--a designer as CEO? (Wearing the marketing hat for a renowned design consultancy, I am posing this … Read more
It's not the most innovative name but the concept may be revolutionary. Metaplace, a virtual community that is currently being tested for launch in spring 2008, was one of the most talked about start-ups at the TechCrunch40 Conference. The new platform allows anyone to build a virtual world from scratch -- for the web or even mobile applications -- without any programming knowledge. Like other virtual communities such as Second Life, There, Entropia Universe, or World of Warcraft, the Metaplace worlds can be used for gaming, socializing, and e-commerce. And they come with the usual community features: forums, user … Read more
There are many pundits who herald Apple for its "convergence strategy:" iTunes is on more than 300 million computers, Apple TV has been launched, and the iPhone has emerged as the most talked about new consumer electronic device in history and is expected to fuel the launch of more all-in-one gadgets from competing consumer electronic makers. Convergence is -- once again -- all the rage.
But what does convergence exactly mean? Let's try a very simplified overview. First of all, there is the media convergence between the worlds of telecoms, TV, Internet, and computing, including fixed-mobile convergence, … Read more