Apple Watch

Michael Tchong

The “wearables” field was already on fire when Apple threw its hat into the ring in 2015. In classic Apple fashion, the company reinvented the category, from interface to Apple Pay, downright to the intricacies of attaching watchbands. When Apple designer Jony Ive stated that the Apple Watch could endanger Switzerland’s traditional watchmaking industry, many industry watchers dismissed the boast …

Airbnb

Michael Tchong

Airbnb

Airbnb has ushered in the concept of “home optimization,” offering homeowners the same opportunity to boost cash flow the major airlines have enjoyed for years, a disruptive innovation. The option of staying in someone’s private dwelling as an alternative to hotels can be truly liberating. Many times it’s cheaper too. Airbnb already claims an inventory of 2.3 million rooms, which …

Ultimate Lightning McQueen

Michael Tchong

Sphero, best known for its two-year-old BB-8 gadget made famous by The Force Awakens, is launching an innovative remote car. Ultimate Lightning McQueen ($300) is another result of Sphero’s collaboration with Disney and is based on the main Cars movie character. Ultimate Lightning McQueen is remotely controlled via Bluetooth and an iOS or Android app. It races around up to …

How Do You Create A Winning Innovation Strategy?

Michael Tchong

Winning Innovation Strategy

Now that the concept of innovation is defined, its history covered and its current importance explained, it’s time to apply innovation to your business. An innovation strategy should be a crucial part of any business model although often ignored to the detriment of companies trying to keep up in the digital age. The following considerations will help you identify and …

What Is Innovation?

Michael Tchong

What Is Innovation?

We are in the midst of an era of sweeping change, with major challenges to address, such as poverty, and new planets to explore, like Mars. With all of the recurring talk of change and reinvention, it’s a given that the word innovation is on the tip of everyone’s tongue. Apple Co-Founder Steve Jobs believed that innovation distinguishes a leader …

Starbucks

Michael Tchong

Starbucks CEO Howard Schultz is a visionary man. His Starbucks vision has catapulted the company to the exalted position of the world’s No. 1 coffee retailer. Today, there are some 25,572 Starbucks stores worldwide and in 2016 Starbucks registered its highest profits ever, contributing to an 11% leap in annual revenue. While the success of Starbucks is driven in part …

Amazon

Michael Tchong

Amazon has changed the way America shops. In September 2016, Bloomberg reported that more than half of U.S. online consumers begin their product searches on Amazon.com’s site or mobile app. That was an early distant warning. America’s retail establishment was not prepared for what was to happen next. As of Spring 2017, some 2,671 major U.S. retail stores will be …

Domino’s Stock Performance

Michael Tchong

Since 2010, Domino’s stock has outperformed some of the most well-known tech companies out there, including Alphabet, Amazon, Apple and Netflix. In that time frame, Domino’s has appreciated more than 2,000%.

Devialet Silver Phantom

Michael Tchong

Major innovations in audio technology were last introduced by the likes of Bose, Dahlquist, Magneplanar and Quad in the 1970s. But a French company, Devialet is causing big bass vibrations throughout the audio industry with an innovative line of speakers called Phantom. The audiophile speaker market is a relatively staid business, especially when compared to its complementary electronics counterpart, think …