Germany is the football world champion. What can companies learn from the success of the German soccer team? Hermann Simon, Chairman of Simon-Kucher & Partners and author of the highly acclaimed Hidden Champions, sees seven important lessons for companies that can be derived from the team’s performance.
Innovation Works, the Beijing-headquartered incubator founded by former Google China chief Kai-Fu Lee, has set up a base in Silicon Valley. Chris Evdemon, who is spearheading Innvation Works’ US foray, explains the rationale.
China is not known to be an innovative economy, but Shaun Rein, author of The End of Copycat China, believes that will change sooner than we know. Can you name one innovative project, one innovative change, or one innovative product that has come out of China? That was a challenge posed by US Vice-President Joe Biden, […]
InnoSpring CEO Xiao Wang discusses the role of the first US-China tech start-up accelerator in closing the gap between China and Silicon Valley. Earlier this month, Qihoo 360, a Chinese internet security company, launched a venture capital fund in Silicon Valley, joining other Chinese tech giants and conglomerates like Alibaba, Tencent and Fosun International in their search for start-ups […]
Official figures of unemployment in China may not be showing us the reality of joblessness for recent graduates and migrant workers. Recent graduate James Du has been searching for a job for four months in Beijing to no avail. The holder of a master’s degree in finance from Moscow University of Industry and Finance rationalizes: […]
How virtual organizations are changing the social operating system. Prosecutions for online thievery and piracy may grab headlines, but there is another side to the civilizing of the cyber-frontier that may be more significant in the long run–the new systems of organization and self-governance that are enabling people to work together on the internet and […]
Texas A&M’s Venkatesh Shankar on how emerging markets are reshaping the global innovation architecture. The year 2007 marked a major turning point for General Electric Corporation (GE). For the very first time, in GE’s more than century-old history, the company earned more from its operations outside of the US, than within. That, as the company revealed, […]
Swarms of start-ups in mobile technology are feeling the effects of hyper-competition, illusive investment and fickle consumers. Fu Cong was a stubborn smartphone convert. For years, the 28-year-old Shanghainese communications consultant carried a bare-bones Philips mobile that he favored for its simplicity and immense battery power—it could easily go 72 hours without being charged. Fu […]
Once upon a time, two IT workers quit their jobs and ran off to Lhasa, Tibet, to start a youth hostel. But they were short on money. So they went to a fairy godmother named DemoHour who took pity on them and granted their wish. Rarely seen in recent years, fairy godmothers like DemoHour have […]
In the year 2002, C.K. Prahalad and Stuart Hart published a groundbreaking article in Strategy+Business magazine that introduced to the world the idea of the Bottom of the Pyramid (BOP). The idea, which says that the poor present a vast untapped business opportunity, and if companies serve the poor, they can help eradicate poverty and […]