The Rising Power of Chinese Design
Business Week magazine recently wrote a piece about how American high-tech corporations have lead the way in R&D and new product development for decades, whilst happily relinquishing the manufacturing side to foreign suppliers. But now it’s becoming very clear that the prosperity of their economy cannot solely depend upon their own R&D knowledge base to keep pace with fast developing global markets. Therefore to reduce costs and speed up the route to manufacture, US companies have now begun outsourcing their cherished R&D and design work to overseas experts. Read more…
Changing China – growing pains
Much is written about the titanic growth of China on the world stage, the impact it’s having on increasingly frail Western economies, and the environmental effects of being the worlds’ factory. Such commentary is often based on old stereotypes, and certainly fails to explore beneath the skin of this hugely dynamic country. This article provides a snapshot of how China is trying to create a higher value economy as part of its long term vision to become a major world player. Read more…
Putting Innovation at the heart of your business
‘Nothing restricts our ability to innovate more than what we already know, and what we therefore believe not to be possible’ (Geoff Mulgan, founder of think tank Demos)
What is innovation?
Innovation is all about doing things differently, exploiting new ideas and taking risks. It enables businesses to bring new and improved products or services to market, re-energise brands, refine processes and, most importantly, improve profitability. Read more…
