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Entering The Lion’S Den: Technology Entrepreneurs Need A Global View And Action Plan, Knowledge@Smu
Entering The Lion’S Den: Technology Entrepreneurs Need A Global View And Action Plan, Knowledge@Smu
Knowledge@SMU
How many technology companies are confident enough to venture outside the sheltered environment of their home country to compete against the market leaders in their own turf? Not many, especially for the new or young business ventures. Many avoid entering "the lion’s den", so to speak, for fear that they will be eaten alive. Yet, not many realise that if they cannot survive the “lion’s den”, they may not last very long within their own nest, shares seasoned venture capitalist Gideon Tolkowsky.
Soaps, Creams And Strips: Procter & Gamble’S Approach To Innovation, Knowledge@Smu
Soaps, Creams And Strips: Procter & Gamble’S Approach To Innovation, Knowledge@Smu
Knowledge@SMU
Innovate to give the customers what they desire -- it may sound like a simple and straightforward mantra for success in business, but many companies find themselves struggling to be gainfully innovative! Throw in ‘fickle-minded consumers’ and ‘a myriad of competitor offerings’ into the mix and the challenge magnifies glaringly. Yet, Procter and Gamble (P&G), a 172-year-old company, has somehow managed to get it right – and with more than 300 brands across 80 countries. Dr Shekhar Mitra, P&G’s Senior Vice-President of Research and Development, offers Singapore Management University an insider look into the innovation principles that guide one of …
Think Outside Your Box: Enhancing Creativity Through Multicultural Interactions, Knowledge@Smu
Think Outside Your Box: Enhancing Creativity Through Multicultural Interactions, Knowledge@Smu
Knowledge@SMU
Creative ideas are often the result of two or more seemingly non-overlapping concepts. The more we expose ourselves to diverse experiences, the more likely we might be to sample from a richer pool of ideas, thereby facilitating our creativity, and by extension for some, organisational innovation. This is because experience lowers our resistance and increases our readiness to sample foreign concepts. Angela Leung, an assistant professor of psychology at Singapore Management University, notes that while ideas from differing cultural experiences can be recruited as intellectual resources, several factors inhibit our ability to draw on these experiences, thus impeding our creative …
Microfinance In Asia: Not So Risky, Not So Micro, Knowledge@Smu
Microfinance In Asia: Not So Risky, Not So Micro, Knowledge@Smu
Knowledge@SMU
Microfinance is proving to be a successful way to help the rural poor and disadvantaged improve their economic conditions by running their own businesses. However, the current economic crisis has reduced funding available for this pool. But with a proven strong credit history and improvements in technology, microfinancing is now seen as more than just as a nice social obligation. In the words of Nhan Phan Cu, a speaker at a recent seminar on this issue, microfinance in Asia is less risky than investment banking. However, the economic outlook poses some challenges.
Me-Business Model: Building Value From Consumer Created Content, Knowledge@Smu
Me-Business Model: Building Value From Consumer Created Content, Knowledge@Smu
Knowledge@SMU
As more businesses move from Web 1.0 to Web 2.0 and Web 3.0, they can benefit immensely from the insights gained through consumer generated intelligence. The newest customer-centric technologies shaping the Internet, and how they create opportunities for new business models, formed the theme of a talk by Andreas Weigend, former Chief Scientist at Amazon.com, at the Singapore Management University recently.
Globality Is What Happens After Globalisation, Knowledge@Smu
Globality Is What Happens After Globalisation, Knowledge@Smu
Knowledge@SMU
Globality is what happens after globalisation, say authors Hal Sirkin, Jim Hemerling and Arindam Bhattacharya of Boston Consulting Group in their book, Globality -- Competing with Everyone from Everywhere for Everything, published last year. Incumbents, companies from developed economies, must face the challengers from emerging economies who are quickly shifting the balance.