smart buildings in a smart city

Smart Buildings – What’s In It for Cities? (Part Two)

Posted on Leave a commentPosted in Digital Transformation, IIoT, Industrial IoT, Internet of Things, IoT, Smart Buildings, Smart City, Smart Communities, Strategy

Smart buildings bring new and significant value to tenants, building owners and operators. These benefits range from increased tenant productivity and safety, lower operating costs, and higher satisfaction. But what value do smart buildings bring to cities?

This article, the second of two parts, describes a framework used to identify areas of value creation by smart buildings for the benefit of cities. A sample set of benefits, and a format for presenting these in a consumable format well suited for city leaders, is presented.

5 types of innovation

Innovation is not just about technology – the five types of innovation all managers must know

Posted on 3 CommentsPosted in Innovation Management, Strategy

Recently, I met with key executives from an industry trade group to discuss disruptive innovation in Silicon Valley.

One key concept I shared with them is that although many people equate innovation with technology, there are actually five types of innovation and that some or all may occur at the same time.

This post describes the five types of innovation, and provides managers with three takeaways to guide their innovation strategy.