The L.A. Times & Automation
I toured the Los Angeles Times last week and was impressed with the automation. Although newspapers seems like an old business, it was impressive in pure size and volume with minimal people.
Are Robots Good or Bad?
According to the Material Handling & Logistics, robots are slashing U.S. wages and worsening pay inequality. That is certainly a provocative statement! According to new research by MIT's Daron Acemoglu and Boston University's Pascual Restrepo, one additional robot per thousand workers reduces the employment to population ratio from .18 percentage points to .34 percentage points and slashes wages from .25% to .5%.
Manufacturing Innovation
Manufacturing innovation is the highlight at this summit, where creative solutions and industry trends will be the focus.
Crowdsourcing is “In”
It is worth considering at least being aware of the power of crowdsourcing. Crowdsourcing can apply to all business and social interactions.
Technical Innovation & Japan’s Bullet Train
While in Japan last week, I had the opportunity to ride the bullet train three times - and, even waited to go back to Tokyo from Mt. Fuji to see it whiz past since you cannot see it in action in Tokyo as a terminal station - simply amazing [...]
Have Your Product Development Efforts Been Successful?
If you are already in a product development cycle, take a step back to think about whether you think achieving 30% of total sales within 3 years is feasible.
What MacGyver & the Fess Parker Have in Common
How can we be innovative and use what we have in new ways to create success?
Unique New Zealand Style Cooperation
Are you creative and cooperative? It might come in quite handy when trying to solve a "work problem" you've had for quite a while (or even think of an innovative new approach) if you emptied your mind to see what new ideas came to you.
The Importance of Innovation
The key to innovation is to support experimentation. If you are a leader, give your people time this week to try new ideas.
Turning Mistakes into “Good”
No one will innovate if they are afraid of being hit over the head if they make a mistake.