Opinion

The Ins And Outs Of MVPs: How To Avoid Feature Creep In Your Product Development

There’s a lot of steps on the way to launching a new product. Not only do you have to research the market, make a plan, and decide on the selling points, but you also have to somehow keep your project on track until completion.

Who’s got the time?

Worst of all, your new product development is under constant threat of something known as feature creep. It happens when your product gets bloated with tons of ‘amazing’ features although it’s impossible to integrate them all successfully.

In our experience, the best way to simplify the process and efficiently manage your product … Read More »

The Symptoms of Complicated Global Governance – And How We Can Fix Them

Symptoms of Complicated Global Governance - And How To Fix Them - Global Mega Trend Alignment Series
This entry is part 11 of 11 in the series Trend Alignment in Your BusinessAt any given time, governments must balance the needs of their citizens and address social issues within their borders. However, there are larger global trends that exist and need attention, too. These include population growth, disease burdens, and climate change, to name a few. The European Environment Agency outlined these global trends in their outlook report.

We’ve been taking a close look at these global megatrends in a series of 11 articles for our own Innovolo blog, with a special interest in what the trends mean … Read More »

Why We Need to Understand The Types Of Environmental Pollution and What Causes This Perpetual Catastrophe

Understanding The Causes And Types Of Environmental Pollution - Global Mega Trend Alignment Series
This entry is part 10 of 11 in the series Trend Alignment in Your BusinessWhen you think of the term pollution you probably think of smog and air pollution. However, that’s not the only source of contamination that can occur. The broader term for environmental pollution encompasses pollution to the air, land, and sea.

Unfortunately, environmental pollution is transboundary. Negative externalities are created as byproducts of manufacturing, industrial behaviours and shipping, and transportation. It’s a challenge to hold waste producers responsible since it’s difficult to pinpoint their direct contribution.

While Europe has recently been able to curb its air pollution, … Read More »

8 Really Bad Climate Change Facts And What We Can Do About Them Today

8 Climate Change Facts And What We Can Do About Them - Global Mega Trend Alignment Series
This entry is part 9 of 11 in the series Trend Alignment in Your BusinessClimate change is a long-term process. Many people in the world aren’t able to witness its damaging effects. Nonetheless, signs of damage from climate change are starting to become more visible. What can be done to slow down or potentially revert the damage that’s done to our planet’s atmosphere?

The European Environment Agency lists climate change as one of the biggest trends in the world. It’s a trend that may affect livelihoods, economies, and ecosystems in unimaginable ways.

In this post, part of our series on … Read More »

The Pressured Global Ecosystems And The Innovations That We Could Use To Protect Them

Pressured Ecosystems and that Innovations that Could Protect Them
This entry is part 8 of 11 in the series Trend Alignment in Your Business

So far in our series on global megatrends, we’ve looked at trends that may impact the business and consumer world in diverse ways.

Now we’re shifting gears and looking at how our consumer and resource-intensive industries are harming the world’s most fragile resource – its ecosystems.

As you’ll see, the way we migrate, feed ourselves, and convert our once-natural landscapes can have a major impact on plants and wildlife. Severe cases of pressured ecosystems can even threaten millions of human lives.

It’s a damning picture … Read More »

The Dangerous Trend Of Scarce Resources and Global Competition, and How it Could Negatively Affect Your Business

The Dangerous Trend of Scarce Resources and Global Competition
This entry is part 7 of 11 in the series Trend Alignment in Your BusinessYou may not even know it, but trends are happening all around you. The biggest and most important ones happen on such a global scale that they impact supply chains, natural resources, and the political relationships between countries.

In this post, we’re looking at another of the European Environment Agency’s global megatrends outlined in their outlook report. For more information about megatrends, be sure to check out our earlier posts. [link to #1]

This post is all about how the competition for resources is on the … Read More »

6 Main Reasons That World Superpowers Are Changing Through The Political and Economic Dominance of the Global Arena

6 Reasons that the World Powers are Changing
This entry is part 6 of 11 in the series Trend Alignment in Your BusinessThe balance of world output is tipping. Workforces and technologies are fast-growing in developing regions – they’re producing more economic activity and garnering more attention from international investors.

That increasing global economic output can help meet the demand of a growing population and an increasing global middle class.

In this post in our series on global megatrends, we’ll look at how the international balance of power is shifting (and why) and what that means for politics, economies, and technology.

Here are six things about how the… Read More »

Is Innovation and Product Development the Secret to Continued Economic Growth In This Country?

Is Innovation the Secret to Continued Economic Growth?
This entry is part 5 of 11 in the series Trend Alignment in Your Business

One question has troubled economists since the creation of their field of study: how can we maximize our returns despite a finite amount of resources?

That question has only become more important as environmental degradation threatens ecosystems around the world and rapidly migrating populations fight for resources.

It’s an interesting dynamic in this world of ours – when times are good, economic growth seems easy. Economies and financial markets flourish comfortably.

On the downside, recessions and shocks to important commodities like oil send economies spiraling … Read More »

6 Trends in Technological Change, And What They Mean For The Future Of Your Business

6 Trends in Technological Change And What They Mean For Us
This entry is part 4 of 11 in the series Trend Alignment in Your Business

You may not know it, but there are global trends that impact the world around you. If you’re a business owner, you may enjoy amazing access to global supply chains. You might even get a chance to benefit from amazing new technologies that were developed elsewhere in the world.

Megatrends, and their growing impact on economies and societies, have gained a lot of attention recently. Many large organisations have devoted resources to better understanding their impact. One such organisation is the European Environment Agency which … Read More »

Looking Beyond COVID-19: Mega Trends In The Global Health Arena You Should Be Watching For In A Post-COVID World

Beyond COVID-19: Mega Trends in Global Health
This entry is part 3 of 11 in the series Trend Alignment in Your Business

As the world recovers from the detrimental impact of the COVID-19 infectious disease, it’s a fitting opportunity to consider how global megatrends impact the world.

Originating in Wuhan, China in late 2019, the COVID-19 virus and disease was classified as a pandemic on March 11, 2020 as it spread to countries around the world.

Global efforts took shape as health agencies took measures to contain the outbreak by encouraging social distancing, limiting human to human contact, and closing down economies.

With the world adopting a … Read More »

What An Urbanised World Means for Our Innovation Outlook In Business

What an Urbanised World Means for Our Innovation Outlook
This entry is part 2 of 11 in the series Trend Alignment in Your Business

In this post, we’re taking another look at a global megatrend that could affect your business, as outlined by the European Environment Agency’s state and outlook report.

We’re focusing on urbanisation and how growing cities can mean a growing impact on the environment, industries, and social wellbeing.

Did you know that estimates suggest that 67 percent of people on Earth will live in cities by 2050? Combined with a new global peak of 10 billion people by that time, the impact of a highly urbanised … Read More »

Here Are 3 Critical Reasons Why You Must Keep Track Of Global Population Trends For Your Business To Survive

3 Reasons Your Business Should Keep Track of Global Population Trends
This entry is part 1 of 11 in the series Trend Alignment in Your Business

In this series, we’ll look at a diverse set of trends that your business needs to keep up with. With a globalized world, changes and large trends have a huge impact on your business.

The global megatrends discussed in this series may impact supply chains, availability of resources, and social or political situations – in your own backyard and on the other side of the world. In an increasingly dependent global business environment, such trends are important to monitor. The series is derived from the … Read More »

Why You Must Empower Your People To Unlock Your Full Innovation Potential In Your Business

Empower Your People To Unlock Your Innovation Potential
This entry is part 8 of 8 in the series Eight Ways to InnovateWhen times are tough and sales are slow, managing your people may be one of the most challenging parts of your business. The social and economic lockdown that grips many parts of the world from COVID-19 has forced businesses to lay off thousands of employees.

Even in tough times, how you manage your organisation’s people can be a great place to let innovation spring to life. Unlocking that innovation is perhaps all the more essential for your business to stay on its feet when cash is tight … Read More »

3 Ways You Can Innovate The Supply Chain For Your Business

3 Ways To Innovate Your Supply Chain
This entry is part 7 of 8 in the series Eight Ways to InnovateIn the next post in our series – 8 Ways to Innovate Your Business – let’s look at how to innovate your supply chain and your outsourcing techniques.

This post is geared toward those that rely on other companies and manufacturers to provide end-products to their customers. It includes industrial and manufacturing companies but also knowledge sectors such as the public service which relies on relationships with other enterprises and contractors.

Even if you’re a small business that operates out of your garage, you may not realize … Read More »

Can New Technology Give You An Unfair Edge Over Your Competition?

Can New Technology Give You An Edge Over Your Competition?
This entry is part 6 of 8 in the series Eight Ways to InnovateJane owns a transportation company and was profiled in a different post on the Innovolo blog. She’s an example of a business owner who, despite a horrific economic climate and impacts of the COVID-19 pandemic, is deciding to move ahead with incorporating new technologies into her business.

Why is she doing this? Despite social isolation measures to stop the spread of COVID-19 and the widespread closure of non-essential businesses across many countries, now is actually a good time to take an inward look and innovate your business. … Read More »