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Innovation

4 New Rules for Global Business Success

In his new e-book, Re-Think: A Path to the Future, former IBM CEO Sam Palmisano predicts that traditional multinational firms will cease to exist and will eventually be replaced by globally integrated enterprises. These GIEs will locate departments not only in different states but even in different countries, wherever the most appropriate talent resides.

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Tesla “Gigafactory” Could Spur Innovation Across Industries

Landing the Tesla “gigafactory” will be an economic-development bonanza for one of the four states in the running. But beyond the borders of Texas, New Mexico, Arizona or Nevada, the complex also could provide a huge innovation boost for the stubborn problem of increasing battery life in electric cars and unleash spinoff advancements in other electricity-related industries.

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Will Real Tech Innovation Emerge from Lightweight Materials Institute?

The University of Michigan and Ohio State University are bitter rivals on the football field and lots of other arenas. But as the lead institutions in the Defense Department’s new American Lightweight Materials Innovation Institute, they’ll have to get along in a new federally funded effort to advance the manufacturing and use of lightweight, high-performing metals and alloys.

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What CEOs Can Learn From the Mailman

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No matter what market your company is in, once your value proposition ages, customers will move on to the next faster, better, or cheaper solution for their changing requirements. Look at the USPS and then examples of how mail is handled in other countries and you'll see the importance of reinventing your company to keep up with the times.

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Fueling the “Magic”

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When politicians talk about funding business innovations, they are generally thinking large-scale. Yes, the internet wouldn't be here without government support, but most innovation does not happen on such a grand scale. In fact, the most revolutionary innovation happens in smaller ways without any government intervention. This year's innovation? The tablet computer.

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