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The Top 10 Innovation Challenges for 2020

The global innovation community, at least that chunk represented by professional innovation managers, begins its annual get together today in Hamburg, Germany. One of the first presentations that passed my desk (courtesy of Chris Skinner in my LinkedIn network) was Tim Jones‘  Top 10 Innovation Challenges for 2020. Tim runs Future Agenda (as I write the link to Tim’s site seems to have been hijacked – so here is his company link). So what are the top 10 innovation challenges? Naturally I disagree with Tim’s choices so let’s open a debate about a few of them.

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THE SIMPSONS WAS CREATING DISRUPTION

The Simpsons was creating disruptionTHE SIMPSONS WAS CREATING DISRUPTION AS THE FIRST CARTOON CREATED FOR ADULTS

Before Uber, Airbnb and Netflix, The Simpsons was creating disruption as the first cartoon created for adults, on prime time.

Sure, there were plenty of primetime animated series before The Simpsons, but they were few. The Flintstones was the first significant animated comedy to air in primetime, debuting on ABC in 1960.

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2018-08-03T06:38:49+00:00 Aug 3rd, 2018|Other|

15 Best Innovative Small Food Business ideas for 2018

What are the best food business ideas and opportunities to start in 2018? Are you interested in starting a business in the food industry? What opportunities exist in the food industry? If you want answers to the questions above, then i advice you read on.

If there is an industry that is unlikely to go down, it is probably the food industry. Regardless of the economic situation, weather or whatsoever, people must eat. People might stop buying clothes and jewelries but they will never stop eating.

Also, this is a business you can start in any locality or region; whether Nigeria, Canada, USA, U.K, Ghana, India, Singapore, etc. So if you are interested in starting a food business, below are some food business ideas to help you start or expand your existing food business.

15 Best Innovative Small Food Business ideas to Start in 2018

1. Become a food Producer

The food industry is highly dependent on […]

2018-05-20T17:35:34+00:00 May 20th, 2018|Entrepreneurship, Other|

South Africa – Economic Forecasts – 2018-2020 Outlook

This page has economic forecasts for South Africa including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the South Africa economy.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Read more at https://tradingeconomics.com/south-africa/forecast

2018-05-05T11:26:10+00:00 May 5th, 2018|Other, Recources, Syllabus Topics|

Deciding When To Call It Quits

By: Debbie Dragon

Starting your own business is not for the faint of heart. According to the U.S. Small Business Administration, half of all small businesses will fail before reaching their fifth anniversary. With a 50% chance of failure, individuals starting a small business have many challenges to overcome for long term success. For the 50% who succeed, owning a small business can provide financial security for the business owner and their family. Unfortunately, for those who do not succeed, failure represents the loss of not only future financial security, but in many cases, financial insolvency in the present. Recognizing the signs that your business is headed in the wrong direction may help mitigate the financial loss. Here we look at signs it may be time to call it quits and possibly salvage some of your financial stability.

What Makes A Business Fail?
There are dozens of reasons why a start-up or small […]

2017-12-18T17:32:28+00:00 Dec 18th, 2017|Other, Recources, Syllabus Topics|

Six Effective Ways to Foster Innovation

By: Adam Colgate

Employee creativity and innovation are essential for the success of any business, particularly in times of economic turmoil. There is a clear connection between employee engagement and innovation according to a 2006 Gallup poll. Engaged employees are more creative and more willing to accept innovative ideas from others. Most CEOs value creativity, and employees who are allowed to be creative are more engaged with their current positions. A company’s culture can either foster or stifle innovation. Fortunately, business leaders are able to shape a more creative work environment if they follow a few basic guidelines.

Maintain an open dialogue between employees and upper management
Dialogue will effectively motivate and engage employees. Always allow employees to present their ideas before important decisions are made. Provide feedback to employees, even when their ideas are not used, so that they know that they are not being dismissed.

Read more @ … http://www.businessdictionary.com/article/510/ways-to-foster-innovation/

2017-12-18T17:26:54+00:00 Dec 18th, 2017|Other, Recources, Syllabus Topics|

Impact of Globalization on Small Businesses

By: Leo Sun

The following is a classic story, often used by socialists to highlight the “evils of a capitalist society” – the small town grocer gets mercilessly taken out by the new Wal-Mart in town. The small town grocer may have an established customer base and friendly relations with the community, but it simply can’t match the low prices offered by Wal-Mart. Being a large national company, Wal-Mart has the sprawling global resources and is willing to sacrifice margins to take out local competitors. In the end, customer loyalty means nothing and the grocer goes bankrupt, decades of hard work decimated overnight. This is a well-known anecdote referring to the impact of globalization on small businesses. Once you start up a new business, you plunge into an ocean populated by a few smaller fish, which compete with you for food, and lots of bigger ones, eager to eat you alive. […]

2017-12-18T17:00:00+00:00 Dec 18th, 2017|Other, Recources, Syllabus Topics|

Creativity and Innovation in the Workplace

By: Ryan May
There was a time when the concept of creativity was only associated with writers, painters, musicians and similar people in artistic professions. But with the ever-increasing necessity of cultivating a unique brand personality, the need for creative thinking has transitioned from the arts into everyday business. In addition, the act of producing a product that distinguishes itself from competitors in a marketplace where differences are often hard to come by demands a high degree of creativity both in innovation and marketing.

As a result, it’s now become commonplace for companies – both large and small – to adopt policies that foster creativity and thereby promote innovation.

But what is meant by creativity? And how can it be harnessed effectively?

Defining the Creative Environment
Creativity is the mental and social process used to generate ideas, concepts and associations that lead to the exploitation of new ideas. Or to put it simply: innovation.

Read […]

2017-12-18T16:54:17+00:00 Dec 18th, 2017|Other, Recources, Syllabus Topics|

10 Benefits of Social Media for Business

There was a time when social media was considered by some as a passing fad. Something that “the kids” were using that businesses could never really benefit from. Over time, the skeptics were proved wrong. There are over 3 billion internet users—and over 2 billion of them have active social media accounts. Popular social platforms have become marketing giants, offering businesses valuable data about their customers and a (mostly) free way to reach them. The jury has spoken: social media for business is no longer optional.

If you’re wondering how social media can benefit your business, look no further. We’ve outlined key points below.

1. Gain valuable customer insights
Social media generates a huge amount of data about your customers in real time. Every day there are over 500 million Tweets, 4.5 billion Likes on Facebook, and 95 million photos and videos uploaded to Instagram. Behind these staggering numbers is a wealth of […]

2017-12-14T09:59:28+00:00 Dec 14th, 2017|Other, Recources, Syllabus Topics|

Risk Management in the Food Industry: Who’s Really in Charge?

March 8th, 2017
All along the food chain — from producers and processors to retailers and consumers — safety risks exist. Food is susceptible to contamination at many points in its journey. For food processing plants, this means it is necessary to establish and maintain strict, proactive practices for safe food production and handling. But, ultimately, who’s in charge of this effort? Where does responsibility for food safety risk management reside?

It’s critical to understand who’s really accountable in terms of managing your plant’s food safety risk. Is it one person or many? Is it a single department or the entire company? In this article, you’ll uncover the answers to these questions and identify opportunities to strengthen risk management within your organization and at your facility.

Identifying the Responsible Parties
The Centers for Disease Control and Prevention (CDC) estimates that roughly 48 million people suffer from a foodborne illness annually, including 128,000 who […]

2017-12-14T09:56:23+00:00 Dec 14th, 2017|2017 Case Study, Other, Recources, Syllabus Topics|