Business Think Tank

By Mitch Betts | Insights about the future of business

Here's a list of everything Elon Musk says he'll do by 2030

Elon Musk: A Man of Many Dreams<p>To say that billionaire tech-preneur Elon Musk is a busy man would be an understatement. Musk finds himself at the …

Elon Musk

Brands must adopt voice technology to avoid becoming lost in a brandless future of generic product types

Brands talk candidly about voice tech, before it gets out of hand, so to speak. Now, with speech-enabled shopping offering the ultimate convenience, …

Trends

Amazon’s Cashierless Store Is Almost Ready for Prime Time

For the past year, Amazon employees have been test driving Amazon Go, an experimental convenience store in downtown Seattle. The idea is to let …

Amazon

Managers Aren’t Doing Enough to Train Employees for the Future

As topics like automation, artificial intelligence, and skills retraining dominate conversations about the future of work, some predict catastrophic job loss and a dystopian future where legions of unskilled workers languish unemployable in the margins. Others, like O’Reilly Media’s Tim O’Reilly, …

Human Resources

Executives Fail to Execute Strategy Because They’re Too Internally Focused

Experts have opined for decades on the reasons behind the spectacular failure rates of strategy execution. In 2016, it was estimated that 67% of well-formulated strategies failed due to poor execution. There are many explanations for this abysmal failure rate, but a 10-year longitudinal study on …

Harvard Business Review

Meet 3 Robots That Could Be Changing the Construction Industry

We introduce you to three companies with innovative robotic systems that could be bringing a lot of change to home construction.<p>It can determine where each brick should go and what size each one should be, as well as locations for seams, doors, windows, and plumbing. This makes the entire …

Houses

Artificial intelligence meets the C-suite

Technology is getting smarter, faster. Are you? Experts including the authors of <i>The Second Machine Age</i>, Erik Brynjolfsson and Andrew McAfee, examine …

Intelligence

How advanced industrial companies should approach artificial-intelligence strategy

Leaders need to determine what AI can do for their company by looking at potential applications and scenarios and then building their approach around …

Determine

Putting the right price on customer interactions

Consumers are willing to pay more for choice in their interactions, yet most companies remain perplexed about which ones their customers really …

Customer Experience

How digital reinventors are pulling away from the pack

As digitization progresses, incumbents competing in new, digital ways are already outperforming those that continue to operate traditionally, a new …

Innovation

How Many Robots Does it Take to Fill a Grocery Order?

The U.K.'s biggest online grocer hit a milestone this year: Ocado Group Plc put together an order of 50 items, including produce, meat and dairy, in …

Robots

The transformative power of automation in banking

A second wave of automation in banking will increase capacity and free employees to focus on higher-value projects. To capture the opportunity, banks …

Automation

Why It Might Be Time to Rethink Who Your Competitors Are

Identifying your competitors is a more elusive quest than it once was, because comparing your organization with directly related businesses is no …

Advertising Industry

Robot security guards are hitting the streets

Robots that double as security guards are growing as a presence in cities across the U.S., per McClatchy DC. The bots, equipped with laser scanning, …

Robots

Management’s next frontier: Making the most of the ecosystem economy

Engaging in digital ecosystems requires a new set of managerial skills and capabilities. How quickly companies develop them will determine if they …

Determine

New BSR Report: The Future of Sustainable Business | Blog | BSR

On the occasion of BSR’s 25th anniversary, we have taken the opportunity to consider our accomplishments. With our member companies and other …

Sustainability

Wellness at work: The promise and pitfalls

It takes more than a discounted health-club membership to move the needle on employee well-being.<p><b>When Bob Chapman,</b> the CEO of global engineering …

Wellness

The Fear of Disruption Can Be More Damaging than Actual Disruption

Photograph by PhotoAlto / Alamy<p>Business leaders are always worried about disruption. Some high-tech rival might, after all, do to their sector what …

Kellogg School

The entire global financial system depends on GPS, and it’s shockingly vulnerable to attack

There is an enormous, invisible clock that keeps ultra-precise time, can be checked from anywhere on earth, and is free for everyone to use. This technological gift to mankind was built by the US government. It is called the Global Positioning System (GPS), it lives in space, and you use it every …

U.S. Dept. of Homeland Security

This robot-run 3D printing farm is the future of light manufacturing

Even small businesses are now running lights-out facilities using robots and automation<p>A 3D printing farm in Brooklyn needed to scale up to handle …

Robots

Disrupting transportation: We need to think bigger than cars

Connectivity could dramatically change the commute of the future.<p><b>Cities are becoming the switchboards of the globalized economy,</b> and for many people …

Transportation

Research Suggests This One Technology Will Save Brick and Mortar Retail

Why savvy retailers are embracing the in-store tracking of customers.<p>Lately, there has been more than our fair share of news suggesting that the retail industry is at a tipping point. That's part of why Firebrand has been diving this topic over the last few months, culminating in our Future of …

eCommerce

How container shipping could reinvent itself for the digital age

When McKinsey investigated containerization in 1967, we found that industry players would have to rethink everything. Is it time to rethink …

Innovation

This Robot Tractor Is Ready to Disrupt Construction

Zipping around like a bumblebee, the little black-and-yellow tractor claws its bucket into one of San Francisco’s few vacant lots, kicking up a puff …

Robots

The future of risk management in the digital era

We collaborated with the Institute of International Finance (IIF) and more than 50 institutions around the world, including banks, regulators, and …

Risk Management

Your company will use blockchain in less than 10 years — here’s how

Almost a decade ago, Satoshi Nakamoto, the creator of Bitcoin, silently disrupted trust-providing organizations, like banks, with an eight-page long research paper describing how money can be decentralized (through Bitcoin). At the time, not many people understood the potential that those eight …

Bitcoin

Quantum computing will change everything, and sooner than you expect

When we say an emerging technology represents a “paradigm shift,” it’s often hyperbole. In the case of quantum computers, it’s an understatement.<p>In …

Quantum Mechanics

AI-powered facial recognition will soon track us while we shop

You’re at an electronics store. You check out a few TVs and head home after being scanned by store cameras. This data is then cross-referenced with other databases that already contain your facial data. Your face is now the epicenter of a retargeting campaign. For instance, your camera-equipped …

Privacy

This Is How the World Will Shop by 2025

We asked the world's leading e-commerce technology providers to help us predict the future of online, in-store, and automated shopping.<p>PCMag reviews …

eCommerce