Fortune’s June 16 issue carried it’s editor’s boast over the magazine’s 60th annual ranking of the 500 largest U.S. companies and how their collective profits exceeded $1 trillion (“Wow!”) More soberly, on June 14, Peter Diamandis (X-Prize founder and Singularity … Read More
CEO’s ask tough questions before they fund an innovation. The toughest arrive like arrows shot in the heat of a management meeting. They aim to kill an innovation, to add it to their growing pile of unfunded projects. That’s been … Read More
Now that Big Data Analytics has become a hot topic, Big Data expert Prof. Mariann Jelinek observes, “the ‘hype cycle’ has advanced to include both puff and backlash.” Big Data enthusiasts often write about such operational advantages as shorter customer … Read More
Much of the publicity around Big Data has boomed its power to capture large amounts of data and aggregate the results to make operational decisions. Admittedly there is value in this and many organizations are already realizing that value. However, … Read More
“A good decision is based on knowledge and not on numbers.”—Plato “Big Data is just one tool in a much larger process, like a small boat on the wide ocean.”— Prof. Stephen Markham at Spring 2013 CIMS Sponsors Meeting There’s … Read More
“Explorers always work on the frontier, that moving boundary between the known and the unknown, between the risk and uncertainty of tomorrow’s prospects and the relative comfort of today’s established plays,” wrote “Pete” Carragher in 2003 when he was managing … Read More
Successful innovation can be defined many ways. The Center for Innovation Management Studies (CIMS) at NC State University defines innovation as something that drives commercial value. To measure and study innovation, CIMS specifically looks at the following types of innovation: … Read More
NC State’s Poole College of Management recognizes the emphasis and importance of sustainability in the corporate world now more than ever. As an institute of learning and higher education, the College understands it must produce future leaders with the knowledge … Read More