Many of today’s business leaders came of age studying and experiencing a classical model of competition. Most large companies participated in well-defined industries selling similar sets of products; they gained advantage by pursuing economies of scale and capabilities such as efficiency and quality; and they followed a process of deliberate analysis, planning, and focused execution.The tradit...

Skinmade kiosks deliver jars of custom face cream within seven minutes.Like a lot of things, skincare products work best if they're tailored to individual users. Unfortunately, though, such bespoke items tend to be expensive. German startup Skinmade is out to change that, with kiosks that mix and dispense relatively affordable skin creams that are based on each client's unique needs.Utilizing t...

Everyone is trying to tap into the $4.2T wellness economy. A host of new players — from big-box retailers to drugstores — are looking to wellness to boost their bottom line.Not to mention big tech’s push into wellness, from digital wellness initiatives to health-focused voice skills, and more.Here are 3 major opportunities that brands and retailers need to be thinking about in order to capit...

Airline food is an integral part of the aviation experience, but this iconic aspect of the flight isn’t necessarily desired. The often-infamous economy meal service is outdated, with it seeing little change over the last 50 years. However, this welcomed redesign for Virgin Atlantic explores the experience and brings it straight into the 21st century!The family of products consists of everythin...

Tech companies are betting that the future of personal computing will be driven by the sound of your voice.If they’re right, this early stage of smart speaker adoption will have a massive impact on future profits. Switching smartphone brands is relatively straightforward, but switching an entire voice assistant ecosystem? That’s not quite as easy.Today’s infographic is an overview of the rap...

Uptake on large scale AI projects stalls, however research shows successful adoption can add millions to operating profit.A new study from the Capgemini Research Institute has found that just 10% of major automotive companies are implementing artificial intelligence[1] (AI) projects at scale, with many falling short of an opportunity that could increase operating profit by up to 16%. The resear...

L’Oreal Paris has teamed up with McCann Worldgroup Deutschland for a new humorous social media campaign standing for female empowerment across the board.In-house research undertaken by both showed that 91.4% of management and governing boards across Germany are comprised of men, sparking a wider investigation by the pair on women in leadership roles across the country.This found that what wome...

Toilet seat that detects congestive heart failure getting ready to begin commercialization.In the not-too-distant future, when congestive heart failure patients are being released from hospital, they may be given a special toilet seat to take home. That device would measure their vital signs every time they sit on it, sending alerts if more heart trouble was detected.Developed by a team at the...

How will regional variations in China, Europe, Brazil, India, and the United States reshape cars, carmakers, and the automotive “user experience”?Mobility’s first great inflection point appeared initially in the United States, around 1910, and spread out from there. The second inflection point will follow a different path—taking hold in more global markets, faster—though in various forms a...