innovation

It Takes a Village to Bring an Idea to Life

I was recently at the gym when a friend, frustrated over something at work, announced that he was going to complain about the situation when he got to the office. When we encouraged him to share his frustrations with us, he instead launched into rapid-fire business ideas that could be potential solutions to his frustrations. […]

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Are African Business Leaders Doing Enough To Prepare Employees For Future Work?

While population growth determines the socio-economic prospects of a country, the age structure of the nation is just as crucial. By 2025, Sub-Saharan Africa (SSA) will be home to almost a quarter of the global population aged 24 and below. And by 2035, SSA’s population will become the youngest in the world boasting an enormous

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This New Sales Platform Allows Salespeople to Join Today’s Gig Economy

The gig economy is in full swing. As of November 2017, 15.8% of Americans were employed in “alternative work” as independent contractors, contract firm workers, on-call workers, or temporary help. Many of these make a full living relying solely on gig-based work. There are arguments for and against the gig economy, with positive economic effects

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The Best Entrepreneurship Advice of the Year

We present a roundup of the most popular small business and entrepreneurship articles of 2017. Dive into this list of can’t-miss advice on a variety of important topics that will inform and inspire you. Here at AllBusiness.com, the majority of our advice articles are written by real entrepreneurs and small business owners just like you—people

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3 Must-Answer Questions to Take Your Prototype to Finished Product

By Bruce Hagenau  There are many articles written about new product development, offering tips on major considerations ranging from patent protection and cost estimating to prototype development and materials (e.g., drawings, cardboard, molded plastic). Yet, beyond the traditional wisdom, there are questions many inventors never ask themselves—and that aren’t often covered in articles about product

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When Litigation Threatens Innovation in the Cloud, Businesses Innovate Around the Law

By Eric Shumsky and Mel Bostwick Chances are you’ve spent a lot of time in the cloud recently. If you’ve checked your Gmail account, saved a document to Dropbox, messaged your colleagues on Slack, streamed a Spotify playlist, or watched the latest Netflix show, you’re there. The data for those services—your emails, your playlists, your

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Digital Currencies, Blockchain, and the Future of Business Transactions

If you haven’t been paying attention to the world of cryptocurrencies like Bitcoin and Ethereum, you’ve been missing out on the excitement and advancements that will likely change the way we accept, bill, and pay for things. If you run a business, this news is especially important, as it’s very likely your competition is already

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Hire Innovators and Keep Them Innovating

Free-Photos / Pixabay Leaders who want to see their organizations leap far ahead of their competition are usually deeply involved in any number of employee activities and programs. That’s understandable, but a high level of involvement can often become counterproductive. However tempting it can be to have a finger in as many pies as possible,

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3 Ways to Tell if a Company Values Innovation

Free-Photos / Pixabay At first glance, measuring innovation might seem as inexact as a Supreme Court Justice’s description of pornography: “I know it when I see it.” One of the cornerstones of my Anticipatory Organization Model is the critical need to craft an environment that fosters innovation. That’s important, but it still begs the questions:

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