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Successful digital offerings are created at the intersection of what technologies can deliver and what customers want and will pay for. That point of intersection, however, has proved to be elusive. To find it, companies must experiment repeatedly, cocreate with customers, and assemble cross-functional development teams - and the insights gleaned along the way must be shared internally.
In this article, we discuss how several of the nearly 200 companies we've studied have built and exercised these capabilities. We also take a close look at how one company, Schneider Electric, is using them to acquire and share customer insights.
This paper generalizes the theory of policy uncertainty with the new literature on rational inattention. First, the model demonstrates that inattention is dependent on the signal variance and the policy parameter. Second, I discover a novel trade-off showing that a policy instrument mitigates attention. Third, the policy instrument is non-linear and reciprocal to both the size and variance of the signal. The unifying theory creates new implications to economic theory and public policy alike.
The purpose of this paper is to assess if the strategy development of the fashion industry is oriented to the long or short term. Following the theory of dynamic capabilities, this paper argues that a long term strategic orientation can be observed in corporate foresight activities. A multi methodological research approach is chosen to answer the research question. The findings suggest that the fashion industry is lagging behind other industries in terms of future orientation and therefore long-term strategy development, even though the challenges in the business environment are not perceived as less relevant.
Indoor localization systems are becoming more and more important with the digitalization of the industrial sector. Sensor data such as the current position of machines, transport vehicles, goods or tools represent an essential component of cyber physical production systems (CCPS). However, due to the high costs of these sensors, they are not widespread and are used mainly in special scenarios. However, especially optical indoor positioning systems (OIPS) based on cameras have certain advantages due to their technological specifications. In this paper, the application scenarios and requirements as well as their characteristics are presented and a classification approach of OIPS is introduced.
In recent years Indonesia has been confronted with an excessive generation of municipal solid waste (MSW), predominantly present in the form of organic refuse. While moving towards integrated solid waste management (ISWM) is an important strategy used to control its generation, it is also now recognized that economic approaches need to be promoted as well in order to tackle the problem concertedly. In this case study, empirical approaches are developed to understand how market instruments could be introduced into environmental services and how to apply co-benefit approach in a green economy paradigm for Indonesia. We investigate the feasibility of introducing market instruments in Indonesia by appliying local co-benefit initiatives adapted from German experiences in integrating market instruments into MSW management practices. Currently co-benefit activities are undertaken in the Sukunan village (Yogjakarta) to promote waste composting using market incentives in the framework of community-based solid waste management (CBSWM). This scheme aims at reducing MSW generation at its source and mobilizing people to be involved in waste separation (organic and non-organic) at household levels. As a result, about 200,000 t of CO2 emissions could be successfully reduced annually. By integrating market instruments into waste management practices, the result of our studies sugggests that Indonesia could make positive changes to its environmental policy and regulation of MSW at local levels. The country's policymakers have played important roles in promoting the effectiveness of urban development with co-benefits approaches to facilitate its transition towards a green eccnomy.
This paper summarises the experiences with sustainability reporting in a very wide meaning at Universities of Applied Sciences (UoAS). It focuses on the communication of sustainability aspects and activities of universities. It provides a recommendation, a model for communicating the sustainability activities of universities and emphasises the values of this appraoch. This paper aims to find the most effective ways to convey education for sustainable development to a broad public and initiate communication about sustainability aspects with society.
The paper is based on action research done at two universities about the ways in which academic institutions can communicate with their stakeholders in order to report about their own role as a responsible university and also to make an impact on the sustainable development on a local and global scale.
Research is focussed on experiences at Universitites of Applied Sciences with their strong focus on applied research, education and transfer. However, these results can be helpful for each academic institution that wants to make a positive impact on society. The concept which we present focusses on the possible impact which universities can generate.
Seen as the contribution to the research field of sustainabitliy reporting the paper points out that a continuous qualitative reporting process with a focus on education for SD is an adequate and efficient approach to sustainability reporting for universities and an effective way to reach a broad public.
We show that there are several efficient methodss of communication ranging from the traditional sustainability report to publications which address the public and to more innovative methods using the web 2.0. We show and argue that for universities, alternative ways of sustainability communication may be more effective to achieve the sustainability mission.
The concept which we present gives the universities a broader impact on society and helps them to support sustainable development in an efficient way.
It has not yet been possible to achieve the desired aim of decoupling economic growth from global material demand. Small and medium sized enterprises (SMEs) represent the backbone of most industrialized economies. Although material efficiency is of vital importance for many SMEs, few of them actually treat it as their top priority. There is a cornucopia of tools and methods available which can be used for material efficiency purposes. These, however, have gained little ground in the SME-field. This work deals with the enabling factors for material efficiency improvements in manufacturing SMEs and projections towards aspects of supply chain and circular economy. A multi-disciplinary decoupling approach for manufacturing SMEs and an implementation roadmap for further practical development are proposed. The approach combines appropriate complexity of technology and socio-economic considerations. It enables a connection of existing methods and the implementation of established information technologies.
"Designed for digital" offers practical advice on digital transformation, with examples that include Amazon, BNY Mellon, DBS Bank, LEGO, Philips, Schneider Electric, USAA, and many other global organizations. Drawing on five years of research and in-depth case studies, the book is an essential guide for companies that want to disrupt rather than be disrupted in the new digital landscape.
The flexible and easy-to-use integration of production equipment and IT systems on the shop floor becomes more and more a success factor for manufacturing to adapt rapidly to changing situations. The approach of the Manufacturing Integration Assistant (MIALinx) is to simplify this challenge. The integration steps range from integrating sensors over collecting and rule-based processing of sensor information to the execution of required actions. This paper presents the implementation of MIALinx to retrofit legacy machines for Industry 4.0 in a manufacturing environment and focus on the concept and implementation of the easy-to-use user interface as a key element.
Design thinking is inherently and invariably oriented towards the future in that all design is for products, services or events that will exist in the future, and be used by people in the future. This creates an overlap between the domains of design thinking and strategic foresight. A small but significant literature has grown up in the strategic foresight field as to how design thinking may be used to improve its processes. This paper considers the other side of the relationship: how methods from the strategic foresight field may advance design thinking, improving insight into the needs and preferences of users of tomorrow, including how contextual change may suddenly and fundamentally reshape these. A side-by-side comparison of representative models from each field is presented, and it is shown how these may be assembled together to create foresight-informed design-based innovation.