Virtual Reality Is The Next Big Thing. Beyong Shocking And Disruptive. It Will Create Tens Of Billions Of Value. Who Will Win This Game?

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The world is becoming crazier and more exciting as Virtual Realities are becoming more real and the lines between our physical world and virtual word are fast becoming blurred. Next year 2016 will be an important year as companies are finally making virtual reality real with only 2 main players participating on the race: HTC/Valve, Facebook/Oculus will be making VR products available. Microsoft is partnering with both Valve VR and Oculus while Sony is pushing hard not to miss the bandwagon with Morpheus.

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The user behavior of VR has yet to come to shape and will be evolving for the next 5…
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There Is A Difference Between Business Turnaround and Business Transformation. It Is Easy To Tell Which Is Harder.

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All companies go through some kind of crisis at some point but what does it take to get out of it? There aren’t many successful turnarounds in large companies and the bigger the company and the longer the history, the more difficult it is for any turnaround and its success rate is lower. 

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Harley Davidson in mid-life crisis when Richard Teerlink joined the company in 1981 as CFO, the company had US market share of 15% and reported a loss of $15m. The company was killed by its strong Japanese competitor led…
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The Come Back Of Hardware. Is Software Becoming A Commodity?

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The world is suddenly obsessed with smart technologies and this time around it seems unstoppable. Our everyday electrical and mechanical industrial object will now be occupied and ran by software and connected to the cloud. It also means each object (as small as some smoke detectors and as large as automobiles) will now be equipped with tons of sensors and can be able to adapt to different environment and individual needs.

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It is essential that the next wave of industrial revolution will make us more efficient and empowered (and more human I…
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Now 3D Printers Will Become More Affordable. Can You Think Of Something You Want To Print At Home?

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There has been a lot of hype on 3D printers at last year CES and now this year I saw tons of competitors offering low-end models as well as high-end professional desktops. XYZprinting Inc. from Taiwan, a new entrant revealed their da Vinci 3D printer with a starting price of just $499, cost as much as a color laser printer a few years back. It is a simple plug-and-play design for small business and personal use. Now I am not sure how often if you need to use one if you’re not a designer. The nice thing is it allows access to a database for free 3D models and 12 different color filaments to choose from. I…
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The Future of Wearables? Everyone Will Get It Wrong. And The Winner Won’t Be Google, Apple, Sony Or Microsoft.

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Wearable is hot. It is supper hot. The billion-dollar
question remains, “How do we create the iPhone of wearables?” and “How do we create
sub-ecosystems around these wearables?” and "What new business model opportunities will emerge?" The buzz is here but the money is not
here yet. Everyone is betting on it and no one can afford to miss the train. Most wearable out there are just toys for the geeks. I can't find a reason anyone wants to buy this Sony Watch. Wll now everyone can see my Facebook messages. What is dumb idea! OK I can use it to tell time and the weather.  Apple’s
iWatch or…
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Idea Couture Is Ready To Take Innovation And Design Thinking To The Next Level.

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This has been a very tough two months for me in terms of time and I have not been spending much time writing my blog as much as I used to. It is getting a bit difficult to find the time as we were going through a reorganization, adding new offices, putting new management system in place and at the same time trying to finish my two books on the weekends which will be published in May and Oct this year.

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I am excited about my new Design Thinking and Strategic Innovation book that I hope to fill a gap in the market place. And management of the company is taking…
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Will The Facebook Phone works? And For Microsoft and Samsung, The Future Of Smartphones Is Dual-Screen.

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The Facebook phone is here.The Facebook phone rumor has been around for a while and it is a
matter of time it becomes real. I think they should have done it earlier and should have larger
ambition other than just trying to design a ‘home’ for Android.  Home sounds like a PaaS personalization
tool and not sure how many FB users will want this. FB see the potential for
them but it is hardly a threat for others but Android might modify their terms so
this won’t happen again in the future.

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This Is Just The Begining Of The Mobile OS Battle. Plenty Of New Players Will Join The Game.

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The mobile OS war is getting more interesting and the
current market share battle is between iOS and Android will go on for a while. Will there be a breakout of it
will be more like a Pepsi vs. Coca Cola market share battle that has been lasting for
decades? Android is getting better momentum the last two years and I expect
that to continue. I think the overall market share is stabilizing and the
other two Windows and Blackberry will remain niche players. Newcomers will join
the game and there are three in the US and they are Mozilla, Tizen and
Canonical. There are a few emerging ones…
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How Imagination Can Create The Future? Start With Those Old Comic Books and Sci-Fi VHS Tapes From The Flea Markets.

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For centuries we show our human spirit with
stories about our glories,hopes, desires and dreams for
a better future, one filled with modern machines that enable us to do things we long
to do from being invisible or traveling in flying cars or telepods (may be not telepods as
I always worried that something would go missing during the transmission). These stories
manifested itself in art, comics, fictions, movies and even science discoveries.

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What was known as “futurism” is
the artistic movement that began in…
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Can Gadgets Save Healthcare? What’s The Next Big Disruptive Technology That Can Reinvent Healthcare? But The Fact Remains That Our Health Care System Sucks, And Will Continue To Suck.

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I like the lastest Bond movie and
the only thing I missed is smart gadgets. Bond needs to have latest tech toys. I don’t want to see Bond becoming Jet
Li. Half the fun of watching a Bond movie is reveling in the odd ingenuity of
the clever devices. Bond needs all the tech innovation he could use. Her Majesty's government is not investing enough in innovation for sure. Mi5 has a lot of catch up to do. Perhaps they should retain Idea Couture to develop an innovation roadmap? I might get a call from Sir Jonathan Evan!

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