Tag: innovation
-
Citibank is managing innovation
Vanessa Colella, Chief Innovation Officer, Citi Global Finance: How is innovation managed within Citi globally? Vanessa Colella: Under innovation, we run various components. First, we run venture-capital equity investments globally, in fintech, Big Data, machine learning, cybersecurity and ecommerce, for example. These are tools that will shape the industry long term in the next decade,…
-
How To Use Competition To Drive Innovation
Research and development is thus an integral part in discovering these innovations. However, while essential, it can also be very costly. The key lies on how management can pursue research and development initiatives that minimize costs yet produce sustainable competitive advantage. In this case, traditional innovation methods will no longer work. The current business environment…
-
Supercluster makes big innovation pitch
The interim chief executive officer for Canada’s agri-food supercluster is all about getting industry players together to push it to new heights during the next few years. Rob Davies will lead the Smart Agri-Food Supercluster for now, as members continue to make their case to the federal government that they should have access to its…
-
The Driver Of Innovation: Environment Or People?
Society loves to typecast people. It wants to stick you in a box and keep you there, especially true when it comes to careers. For most of my career, I’ve worked in business and worked as a writer simultaneously. Somedays, I feel more like a writer, other days I’m a business nut. But every day both…
-
Innovation can, and must, be taught in schools: Education Minister
Minister for Education (Schools), Mr Ng Chee Meng, delivering his speech during the Appointment and Appreciation Ceremony for Principals SINGAPORE — As the Republic grapples with disruption and volatility sweeping through the “economy, society, science and, even politics”, Education Minister (Schools) Ng Chee Meng on Thursday (Dec 28) stressed the need to imbue in students…
-
The importance of hiring for innovation
The sourcing and development of innovative ideas is intrinsic to a company’s long-term success. Innovation is found in every aspect of business practice, from improving processes to revealing new products that change how a consumer moves through daily life. Access to shifting and dynamic, smart technology has increased rivalry in already competitive markets while opening…
-
Europe’s innovation comeback: continent gains a second chance
The years since the financial crisis have been miserable not only for growth in Europe but for dynamism and innovation — outstripped on all counts by Asia and the US. But as eurozone growth recovers, the continent is gaining a second chance. As the shock of the UK’s Brexit vote and the fragility of the banking…
-
State innovation funds supported hundreds of startups
The University of California announced that a $22 million investment from the State of California to accelerate innovation and entrepreneurship across the UC system has supported more than 500 new startups and existing companies, helped launch at least 47 new products and enabled companies to attract $3.7 million in additional investments. “Assembly Bill 2664 funds…
-
Innovation requires experience
The centrepiece was the Innovation and Skills Plan, a series of proposals that included additional venture capital funding, new support for innovation in key growth areas and superclusters, and Innovation Canada, an initiative to bring siloed projects and funding programs for innovators under one roof. More recently, the government in its 2017 defence policy…
-
How Canada can lead the world in innovating innovation
It is no secret that Canada lags behind its innovation potential, leading firms to be less competitive and Canadians sending more of their money to innovators abroad. More of the same – increasing intellectual property rights, asking universities to lead the way, tax credits that go nowhere – will not work. We need to do…