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Innovation Lab For most organizations innovation is like “made to order antiques” – it’s an over used term with no real impact. At Forward Hindsight innovation is in our DNA. In fact, our name represents innovation in many ways. We bring hindsight to a future that is yet to play out. That is true innovation.At the Forward Hindsight Innovation Lab our team is constantly developing thought provoking and very executable strategies that enable disruptive yet sustainable business growth. With our collective global experience spanning the last 4 decades we have created information and decision patterns that have proven invaluable to CEOs and Boards all over the world. Each quarter our Innovation Lab brings new thinking to the marketplace that often times becomes a benchmark for our customers, partners, suppliers, and believe it or not out competitors. Current Thinking3DE – Third Dimension ExecutionAs a CEO have you often wondered why your strategy paired up with the organization core competencies or “crown jewels” is still not delivering results. You might just be blind with only 2 eyes because you are thinking 2 dimensional. 3DE opens up an untapped gene pool in your organization that will deliver results. Sustainable Disruption Disruptive strategies are not only great but often times essential to the very survival of an organization. Organizations often times lost in “translation” and cannot think about disrupting the markets they operate in. A disruptive yet sustainable strategy is key to growth and profitability. Lack of Courage The classic disease most organizations face is the one called “lack-of-accountability” syndrome. Courage drives accountability which has a direct co-relation to growth. Take the Forward Hindsight Innovation Lab’s “Guts Quotient” test to see where your organization stacks up on the courage meter. Human Operating System When was the last time you tried to run a Shakira video on a Windows 95 PC? Our research shows that traditional HR is dead. Its time to pack in those formal 360s, and assessments and personality tests! They are worthless and have no correlation to Return on Gross Investment (ROGI). Organizations have Human Operating Systems that need to be upgraded to avoid extinction. Beyond Technology The role of a CIO is eroding quickly. Technology is a commodity. Information is money. As a CEO if you have not figured out this simple fact chances are your staring down a huge money pit called “ERP Systems Implementation” or “Technology Refresh” or “CRM”. Our research shows a direct correlation between “non aligned technology leadership” and declining profitability. Unplug the Business Model Today’s business models are too complex and ego driven. They lack simplicity. They lack smarts. Its time to simplify and unplug the business model and free it so you can deliver growth and profitability. A recent study done by Forward Hindsight Innovation Lab concluded that almost 90% of CEOs can’t articulate their business model on an index card. Death of a Process Guru Six Sigma. Lean. Kaizen. Great concepts with one fatal flaw. They fix a point in time problem and don’t consider scenario planning. Unfortunately for these process gurus time changes every second. What organizations need is a lens into the changing time. They need to adapt accordingly. Simplifying World Hunger Giving back is not enough. Over 2/3rd of the World’s population lives below the poverty line. It’s important to solve the long term problem – one that exists 20, 30, 50 years out. Creating an infrastructure that sustains giving back by creating jobs, micro-economies, and breakthrough innovations accessible to the poorest of poor is the answer. We recognize this are working on a provocative solution to help eradicate world hunger in the next 50 years. |
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