At Fortune’s recent Most Powerful Women summit, it was clear that many of the executives of the world’s most admired companies are making innovation a priority, as they talked about their willingness to embrace change as part of their strategies for staying ahead. During the conference, IBM CEO, Ginni Rometty, shared her approach to innovation. She spoke about IBM’s 102 year history of transition, starting in the business of cheese slicers and time clocks, which is very different from today, where the business is 80% software and services. She said,
“When I think of IBM, I don’t define it by a product – and I think that’s one of the reasons that it’s 102 years old. If you think of yourself as a product, you’ll miss the trends, you’ll miss the shifts. And you’ll miss dangerous ones, like business models.”
When asked how a company can continue to stay innovative and ‘look around the curves’, Ginni shared the following five avenues that a company of any size, as well as an individual, can leverage to help them look ahead and stay innovative:
- Original research
- Working with universities around the world
- Talking with clients to get their ideas
- Venture capital community
- Social within the enterprise (internal ideation)
Read the full story and watch the interview below:
(Fortune, 2013) – Ginni Rometty on Research, Social and Watson
This post originally published on greateribm.wordpress.com
In sports and business, IBM capabilities are changing the game.
For two weeks every August and September, the United States Tennis Association welcomes hundreds of thousands of spectators to New York City’s Flushing Meadows for the U.S. Open tennis tournament. And millions more around the world visit USOpen.org to follow the action, watching live-streamed tennis matches and getting scores, stats, and news thanks to IBM technologies.
Watch how IBM helps the U.S. Open run more efficiently through better data management.
- Here’s The Incredible Amount Of Data That Goes Into IBM’s Tennis Analysis (businessinsider.com)
- IBM and USTA Captivate Tennis Fans with Immersive Second Screen Experience (sacbee.com)
- How IBM Is Schooling Tomorrow’s Data Scientists (starbridgepartners.com)