Amidst Widespread Disruption, Innovation Keeps Businesses Alive
This is a common refrain: businesses today that employ strategies of staticity fall behind. Those that innovate leap forward. But if the refrain is as common as we suppose, why do so many companies allow themselves to ignore innovation?
BBC News business reporter Matthew Wall recently penned an article that began with a list:
"Woolworths, Polaroid, Alta Vista, Kodak, Blockbuster, Borders..."
What do those companies all have in common? First, they're all more or less dead (though Blockbusters in Alaska are still going strong). Second, the reason they're all more or less dead is because they failed to take necessary risks and invest in innovation to keep them relevant in the age of digital disruption. This is a time, more than perhaps any other, where big businesses are more at risk (not to mention have more to lose) than the uppity startups nipping at their heels.
This is a common refrain: businesses today that employ strategies of staticity fall behind. Those that innovate leap forward.
While stability was once what companies aimed for, success in today's climate is only made possible by adapting to or, better, controlling the shifting trends of markets and technology.
Take a look at Wall's article at BBC News for more on the subject.
For more on innovation as a whole, check out this clip from futurist Lisa Bodell's Big Think interview:
Photo credit: My Life Graphic / Shutterstock
Here's the science of black holes, from supermassive monsters to ones the size of ping-pong balls.
- There's more than one way to make a black hole, says NASA's Michelle Thaller. They're not always formed from dead stars. For example, there are teeny tiny black holes all around us, the result of high-energy cosmic rays slamming into our atmosphere with enough force to cram matter together so densely that no light can escape.
- CERN is trying to create artificial black holes right now, but don't worry, it's not dangerous. Scientists there are attempting to smash two particles together with such intensity that it creates a black hole that would live for just a millionth of a second.
- Thaller uses a brilliant analogy involving a rubber sheet, a marble, and an elephant to explain why different black holes have varying densities. Watch and learn!
- Bonus fact: If the Earth became a black hole, it would be crushed to the size of a ping-pong ball.
Protected animals are feared to be headed for the black market.
In a breakthrough for nuclear fusion research, scientists at China's Experimental Advanced Superconducting Tokamak (EAST) reactor have produced temperatures necessary for nuclear fusion on Earth.
- The EAST reactor was able to heat hydrogen to temperatures exceeding 100 million degrees Celsius.
- Nuclear fusion could someday provide the planet with a virtually limitless supply of clean energy.
- Still, scientists have many other obstacles to pass before fusion technology becomes a viable energy source.
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