Recent investment in AI is primarily due to the formation of viable components in applied R&D that came together through a combination of purposeful engineering and serendipity, resulting in a wide variety of revolutionary functionality. However, since investment spikes also typically reflect reactionary herding, asset allocation mandates, monetary policy, and opaque strategic interests among other factors, caution is warranted. Read More
Clarifying Disruption: Operations vs. Innovation
The word disruption has multiple meanings in global business with the most commonly used definition some variation of “the act of interrupting continuity”. Within the context of logistics, supply chain, manufacturing, IT, and other business operations, disruption is obviously an experience managers work diligently to avoid. A good example of a recent operational disruption was caused by the Sendai quake and tsunami, a natural disaster which was unpreventable, but predictable and therefore can be mitigated with careful risk management planning.
In the context of innovation, however, and long-term economic survival, disruption can be paradoxical when “the act of interrupting continuity” of tightly controlled markets, stale products, and outdated business models is not an evil, but rather can be a savior to businesses, ecosystems, and economies, preventing eventual operational disruption, or as we’ve seen in many cases—complete failure. Read More