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Adjacent Innovation in the Food Industry

Quick ad-hoc analysis by +Daniel Durrant along with a slideshow on 2016 Consumer Goods Trends provided by +Rotana Ty (good stuff!)
http://fr.slideshare.net/hamutalewin/2016-fmcg-trends

Adjacent Innovation:
Deloitte calls it an effort "to extend a product set or customer base by way of new products or a new set of business for the organization."

Simon Hill, managing director and founder of idea management firm, Wazoku, explains that adjacent innovation "may not be possible for all retailers, as it can be highly complex and failure rates can be high, especially when looking to take existing products to new markets."

Sources: http://deloitte.wsj.com/cfo/2015/03/02/how-cfos-can-advance-their-organizations-innovation-agenda/
http://www.retailtimes.co.uk/in-my-opinion-innovation-must-be-at-the-heart-of-retail-success-says-wazoku/

Theme: Disrupting Food
Disruptive innovation has been described as "creating something that consumers didn’t realize they needed" It has been said that in the food and beverage category there is less disruptive innovation so much as "incremental progress throughout the supply chain."  Demanding buyers are more informed, with access to apps that provide details about food products and their supply chains. In one report from 2012, a number of disruptive changes were said to be coming to food production technology, primarily due to "increasing population, climate change, rising fossil fuel prices, ecosystem degradation and water and land scarcity are making today's food production methods increasingly unsustainable."

Sources (various via search):
Food disruptive innovation: https://goo.gl/PBAUOy

Theme: Sales slump
McDonalds' "sales continued to struggle in the first three months of 2015..." Subway's sales have been declining, likely due to increased competition from Chick-fil-A and Chipotle. Frozen food brands have experienced declining sales due to "negative perceptions". Fresh foods are said to be "stealing sales". Yet, Whole Foods, the high-end grocer, has reported declining sales for the first time in six years. Kellogg, known for brands like Pop-Tarts and Frosted Flakes, is also said to have faced declining sales this year. Sales of traditional diet sodas have also been falling.

Sources (various via search):
Food declining sales https://goo.gl/uify93
Food sales frozen products https://goo.gl/tk4Y4u
Traditional diet sodas: https://goo.gl/AXo73V

#DisruptiveInnovation #FoodIndustry #trends 

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Salesforce to unleash Wave - The Analytics Cloud

For all of you who were wondering if Salesforce was going to be left out of the "big data boom", Marc Benioff, a Salesforce co-founder and the company’s chief executive, has been tweeting about Wave. Here's more details from NYTimes (excerpt):

Wave is intended to create sales, service and marketing analytics, either in packaged or custom forms, which can be read on desktop and mobile devices. It is meant to stress the data within Salesforce products, but it is also possible to import third-party information from companies like Microsoft, SAP and Informatica, as well as machine-generated data.
. . . 
Right now, Tableau is one of the few notable companies making it easier to visualize data. Given the millions of customers using Salesforce, in other words, it is the kind of thing that could attract independent software developers to build products on it.
. . . 
"It’s been quite a while since we announced a new market this big,” Mr. Dayon [Alex Dayon, the president of products at Salesforce] said. “Analytics is a $42 billion industry, and people need a new cloud-based platform for it.”

#BigData   #Sales   #Analytics   #Cloud   #DataVisualisation   #GrowIncome  

Posted by +Dan Durrant with +David Pidsley 

Cause Analytics is here to help you navigate through Business Intelligence, understand today's challenges and tomorrow's technologies.

www.CauseAnalytics.com

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New on the Anticipate Change Blog: Data Storytelling for Disruptors

"Disruptive innovations have become common in these 'postnormal' times. Organisations that seek to be disruptive are fusing big data analytics with storytelling to nurture better business cultures. Narratives and data stories encourage participation in innovation. We share our recent experience and insights into data storytelling and disruptive innovation."

#AnticipateChange   #BigData   #Storytelling   #DriveInnovation   #DisruptiveInnovation   #Analysts   #SelfService  

Cause Analytics is here to help you navigate through Business Intelligence, understand today's challenges and tomorrow's technologies.

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Disruptive technologies: Advances that will transform life, business, and the global economy

Citation: McKinsey Global Institute, cuts through the noise and identifies 12 technologies that could drive truly massive economic transformations and disruptions in the coming years. The report also looks at exactly how these technologies could change our world, as well as their benefits and challenges, and offers guidelines to help leaders from businesses and other institutions respond.
. . . 
Business leaders should keep their organizational strategies updated in the face of continually evolving technologies, ensure that their organizations continue to look ahead, and use technologies to improve internal performance. Disruptive technologies can change the game for businesses, creating entirely new products and services, as well as shifting pools of value between producers or from producers to consumers. Organizations will often need to use business-model innovations to capture some of that value. Leaders need to plan for a range of scenarios, abandoning assumptions about where competition and risk could come from, and not be afraid to look beyond long-established models. Organizations will also need to keep their employees’ skills up-to-date and balance the potential benefits of emerging technologies with the risks they sometimes pose.

Source: http://www.mckinsey.com/insights/business_technology/disruptive_technologies

#Executives   #AnticipateChange   #DisruptiveInnovation   #DriveInnovation  

Posted by +Dan Durrant 

Cause Analytics is here to help you navigate through Business Intelligence, understand today's challenges and tomorrow's technologies.

www.CauseAnalytics.com
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JustPark and the sharing economy

Citation: JustPark has a mission to transform the way drivers look for a parking space - and is delivering plenty of cash to homeowners who rent out their driveways, or churches making a profit from underused car parks.

Around 20,000 people - mostly in London - have put their parking spaces on the site, and half a million drivers use the service. Much of the demand is for parking spaces near major sports stadiums, airports or railway stations. A church in London's King's Cross has made £200,000 so far from Eurostar passengers wanting a safe place to park their cars.

Today JustPark unveils a major step in its evolution, with BMW putting its parking app in the Mini's dashboard computer and the venture capital firm Index announcing a major investment in the business. Mini drivers should be able to book a parking space with a couple of taps on a screen, much as they select a route on the car's satnav system.

#Mobile   #DisruptiveInnovation   #UK  

Posted by +Dan Durrant w/ +David Pidsley 

Cause Analytics is here to help you navigate through Business Intelligence, understand today's challenges and tomorrow's technologies.

www.CauseAnalytics.com

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Report: Robots Will Take Over More Jobs Than They Create

1,800 industry experts were surveyed by the Pew Research Internet Project and the Elon University’s Imagining the Internet Center. Half of them predicted robotic technology will create more jobs that it takes away. The other half warned that even more tasks will be performed and taken over by artificial intelligence.

Citation: “There was obviously no clear consensus at all among the folks surveyed,” said Aaron Smith, a senior researcher at the Pew Research Center’s Internet Project and lead author of the report.
Nearly all the experts said things like driverless cars, robotic doctors and nurses and intelligent digital agents would be a part of daily life by 2025.

But they were evenly divided over whether this would be a boon or a curse for human beings.

52 percent of respondents said that historically technology has ultimately created more jobs than it has displaced. They said people will find other forms of work that only human beings can perform; that the technological advances will give us all more time and energy to do more meaningful work.

But the other 48 percent fear that the roll of artificial workers will be unstoppable and that humans will not be able to adjust in time to avoid massive unemployment and social disruption.

#Automation   #TechnologicalUnemployment   #DisruptiveInnovation   #ArtificialIntelligence  

Posted by +Dan Durrant 

Cause Analytics is here to help you navigate through Business Intelligence, understand today's challenges and tomorrow's technologies.

www.CauseAnalytics.com

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Automating Hamburgers

The Momentum burger-bot ... is more of a burger assembly line. 
. . .
Burger robots may improve consistency and sanitation, and they can knock out a rush like nobody’s business. Momentum’s robot can make a burger in 10 seconds (360/hr). Fast yes, but also superior quality. Because the restaurant is free to spend its savings on better ingredients, it can make gourmet burgers at fast food prices. 
. . . 
Earlier this year, McDonalds employees protested outside the fast food chain’s corporate headquarters in Chicago, demanding higher wages. A robotic kitchen might bring improved pay for the front of the house, and a pay cut to zero for the back. Some fraction of the 3.6 million US fast food jobs might be automated by such technology.

#SaveMoney #DisruptiveInnovation   #Automation   #Manufacturing   #Food   #USA  
HT +David Pidsley 
Burger-bot makes superior quality burgers in 10 seconds

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The Disruption Debate - What's Missing?

John Hagel steps beyond the debate between Lepore and Christensen to offer us a broader view of #DisruptiveInnovation .

Citation: We all know the iconic cases of disruption casualties, including such large and well-known leaders as Kodak, Borders, Digital Equipment Corporation. But those are just the tip of the iceberg. There’s mounting evidence that disruption is spreading.

Re: #AnticipateChange   
One of the issues with a case study approach is that it obscures the more fundamental and systemic trends and patterns that are playing out around us. When we pull back from individual stories and scan the world around us, it becomes clear that something very profound is happening - and it's largely escaped notice.
. . . .
Re: #MarketIntelligence  
As Joseph Schumpeter famously observed, markets are a powerful engine for "creative destruction" - they invite competitors with a better idea or a better approach to come in and challenge incumbents. It happens all the time. But the key question on the table from this more systemic view of disruption is: why is it increasing so dramatically over a long period of decades?
. . . .
Re: #FutureTechnologies  
This exponentially improving digital technology is spilling over into adjacent technologies, catalyzing similar waves of disruption in diverse arenas like 3D printing of physical objects, biosynthesis of living tissue, robotics and automobiles, just to name a few. The advent of exponentially improving technologies in an expanding array of markets and industries only increases the potential for disruption. We’ve explored this expansion of exponential technologies in a working paper here. http://goo.gl/2jwDbX

Re: #Globalisation  
And this is just one of the forces at work.  There’s a second force at work as well – a long-term shift in public policy on a global basis towards freer movement of people, goods, money and ideas across geographic and industry boundaries.  Certainly this has unfolded at a different pace in different geographies and industries, but if one steps back and looks at the period from World War II to today, the trend is clear and significant.

Posted by +Dan Durrant 

Cause Analytics is here to help you navigate through Business Intelligence, understand today's challenges and tomorrow's technologies.

www.CauseAnalytics.com

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Forces of History: Between hierarchies and networks
Read in full: www.the-american-interest.com/articles/2014/06/09/networks-and-hierarchies/

Author Niall Ferguson asks, Has political hierarchy in the form of the state met its match in today’s networked world? / #AnticipateChange   #CentralGovernment   #Globalisation  

In this piece, Ferguson sets the scene with Fritz Lang’s silent movie classic Metropolis (1927), -- "modernity mythologized" in that it transcends the political ideologies of the mid-20th century. http://youtu.be/7j8Ba9rWhUg

Citation Re:   #DisruptiveInnovation  
"To all the world’s states, democratic and undemocratic alike, the new informational, commercial, and social networks of the internet age pose a profound challenge, the scale of which is only gradually becoming apparent. First email achieved a dramatic improvement in the ability of ordinary citizens to communicate with one another. Then the internet came to have an even greater impact on the ability of citizens to access information. The emergence of search engines marked a quantum leap in this process. The advent of laptops, smartphones, and other portable devices then emancipated electronic communication from the desktop. With the explosive growth of social networks came another great leap, this time in the ability of citizens to share information and ideas."
. . . .
"The PC has empowered the individual the way the book did after the 15th-century breakthrough in printing. Indeed, the trajectories for the production and price of PCs in the United States between 1977 and 2004 are remarkably similar to the trajectories for the production and price of printed books in England from 1490 to 1630. The differences are that our networking revolution is much faster and that it is global." / #BlackSwanEvents  

Re: #DriveInnovation  
"Note that the environment is not wholly a given; it can be shaped by, as well as shape, humanity. It may well be that, in the foreseeable future, our species’ impact on the earth’s climate will become the dominant driver of history, but that is not yet the case. For now, the interactions of networks and hierarchies are more important. Networks are not planned by a single authority; they are the main source of innovation but are relatively fragile. Hierarchies exist primarily because of economies of scale and scope, beginning with the imperative of self-defense. To that end, but for other reasons too, hierarchies seek to exploit the positive externalities of networks. States need networks, for no political hierarchy, no matter how powerful, can plan all the clever things that networks spontaneously generate. But if the hierarchy comes to control the networks so much as to compromise their benign self-organizing capacities, then innovation is bound to wane."

Ferguson points to the efforts of Anonymous, Wikileaks and Edward Snowden as disrupting the system of official secrecy. / #Transparency  

He gives a nod to #bitcoin , wondering, "how big a challenge Bitcoin poses to the system of national fiat currencies that has evolved since the 1970s and, in particular, how big a challenge it poses to the “exorbitant privilege” enjoyed by the United States as the issuer of the world’s dominant reserve (and transaction) currency." #USA

Re:   #Debt
"Most economists nevertheless take for granted the U.S. government’s ability to print its own currency without limit. Many assume that this offers some relatively easy way out of trouble if rising interest rates threaten to make debt service intolerably burdensome. But this assumption may be wrong."

He suggests that the course of history can be thought of as "the net result of human interactions along four axes."
The first of these is .time.
The second is nature.
The third is networks.
And the fourth is hierarchies.

He provides historical examples that reveal the interplay of these four axes in the whole piece worth reading.

Re: #TodaysChallenges   #Transparency  
"The challenge these new networks pose to established hierarchies is threefold. First, they vastly increase the volume of information to which citizens can have access, as well as the speed with which they can have access to it. Second, they empower individual citizens to publicize things that might otherwise remain secret or known only to a few. Edward Snowden and Daniel Ellsberg did the same thing by making public classified documents, but Snowden has already revealed much more than Ellsberg and to vastly more people, while Julian Assange, the founder of WikiLeaks, has far out-scooped Carl Bernstein and Bob Woodward (even if he has not yet helped to bring down an American President). Third, and perhaps most importantly, the networks expose by their very performance the inefficiency of hierarchical government."

Re: #Social  
"Most people do not go online to participate in flash mobs. Most women seem to prefer shopping and gossiping; most men prefer sports and pornography. All those neural quirks produced by evolution make us complete suckers for the cascading stimuli of tweets, Instagrams, and Facebook pokes from members of our electronic kinship group. The networks cater to our solipsism (selfies), our short attention spans (140 characters), and our seemingly insatiable appetite for 'news' about 'celebrities.'"
. . . 
"Today, the combination of technological innovation and international economic integration has created entirely new forms of organization—vast, privately owned networks—that were scarcely dreamt of by Keynes and Kennan. We must ask ourselves: Are these new networks really emancipating us from the tyranny of the hierarchical empire-states? Or will the hierarchies ultimately take over the networks as they did a century ago, in 1914, successfully subordinating them to the priorities of the national security state?" / #Security  

Posted by +Dan Durrant w/ +David Pidsley 

Cause Analytics is here to help you navigate through Business Intelligence, understand today's challenges and tomorrow's technologies.

www.CauseAnalytics.com

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Clayton Christensen Responds to New Yorker Takedown of #DisruptiveInnovation

I’m just stunned that any honest scholar would have done what she did to disparage the person and the theory. She [appears to have] only read one book at the beginning in the naive belief that the end comes out at the beginning.
. . . .
I could list all kinds of problems that we still need to resolve, because a theory is developed in a process, not an event.

Posted by +Dan Durrant 

Cause Analytics is here to help you navigate through Business Intelligence, understand today's challenges and tomorrow's technologies.

www.CauseAnalytics.com
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