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  London is a well-known centre for technology and innovation, but it is quickly becoming a development hub for alternate currencies and reformatting the structure of the banking system.  One of the most exciting digital innovations to be backed from London is the digital currency Bitcoin. City institutions including the   Bank of England, Barclays, UBS and Goldman Sachs are all reportedly interested in the potential Bitcoin possesses to speed up traditional processes in finance. What is Bitcoin? Bitcoin, at its […]

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All of us here at Wazoku are excited to announce the introduction of parallel challenges to Idea Spotlight. We are always looking for ways to continue to improve, and allowing our customers and users more flexibility in their platforms is just one of the ways that we look to achieve this. We understand that everyone faces different challenges, which is why Idea Spotlight should be as open and responsive as possible. With our recent update, a challenge creator now has […]

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Happiness and creativity

What do you do when your computer starts getting a little bit slow, overheats or crashes? You reboot it. Just like computers, humans need rebooting and a bit of downtime to be able to reset and work efficiently again. This is not only a matter of common sense or just something we can all observe from our own experience, but there’s also research that points in this direction. Research made in collaboration with NASA pilots to measure the benefits of […]

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Over the past six or so months we have been working hard on a very exciting project here at Wazoku HQ. A few weeks ago the first phase of that project was released to the world and I wanted to spend a bit of time talking about it and its significance. A bit of background: Microsoft’s Office 365 product suite is a true enterprise powerhouse in the enterprise software world. It was a bold move by the wise and wonderful […]

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Innovation Roundup

Why agencies shouldn’t lead on innovation – Labs are seen as potential cash cows but too often end up as wastelands of misadventure. via @GuardianUK $4m prize offered for energy innovation – Applications for the $4m Zayed Future Energy Prize close this month. The annual global prize is open to businesses, schools and individuals who are developing renewable, clean energy solutions. via @howardlake Building an ecosystem of innovation – Cisco’s UK CEO talks IoE, cloud & security at Interop London. […]

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Innovation is the lifeblood of a company – it drives business growth, can increase market share, and also drive your company to find new fields of expertise.  But to enter new markets and continuously grow with new and competitively differentiated products, companies can no longer rely on ad hoc innovation processes and accidental innovation. To fuel the kind of innovation that will bolster the business over a time scale, organizations must encourage sustainable innovation. Sustainable innovation can be defined as […]

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Each generation has a few common characteristics and there is a lot that has been said already about millennials. It’s a well-known fact that millennials are at a great advantage in modern days, when compared to previous generations such as Baby-Boomers or Gen Xers. Millennials are native technology users, have an ingrained sense of “having something to say” and self-worth. It’s also a generation that’s defined by its creativity, something that’s been widely explored (or exploited, depending on the perspective) by […]

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  When some think of innovation, they think of adding new ideas, creating new processes, and changing the processes of what we currently do. However, one thing to remember is that innovation doesn’t have to always be about steaming forward into the unknown; sometimes the innovations that can make a big difference are overlooked because they’re ticking along behind the scenes. Today, I want to talk how innovation can still be innovation, even if you’re taking something away: Innovation through […]

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Innovation Roundup

7 Surprisingly Practical Lessons From America’s New Poet Laureate – Not a poetry fan? Not to worry. There’s plenty of inspiration and wisdom to learn from the life and work of Juan Felipe Herrera, the new U.S. poet laureate. via @Inc Google Is Ready to Support European Digital Innovation, Says Eric Schmidt - Continent must have a single digital market or fall behind, says tech giant chairman. via @WSJ New initiative targets emerging models of technological innovation- ETechnological innovation as essential as ever for economic growth, […]

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It has been recently reported on the Daily Telegraph that European airline Monarch was now returning to profitability after a company-wide restructuring. The company, which had been struggling and nearly had to close down due to losses mounting up to £110.6m in 2014, “put in place a restructuring of the business which saw 700 jobs lost and pay-cuts of 30pc for pilots. (…) These staff changes contributed to £55m of cost-savings while additional measures to renegotiate aircraft leases and scrap long-haul […]

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Innovative Leadership

An internal innovation programme or creativity drive is only as good as the people leading it. Encouraging employees to engage in adding extra value to the business will pose quite a challenge without management leading the way with a positive example. That famous phrase “eat your own dog food” springs to mind! With this in mind I’ve created a list of the 10 principles of innovative leadership: Executives and managers are the soul of the company or brand they lead […]

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Gamification is powerful new technique in business. We’ve talked about gamification in the past, you can find our previous articles on what Gamification is and how it could apply to your business. We’ve also implemented some gamifying features in Idea Spotlight to motivate users to become idea creators. But what are the tangible benefits of gamification? Other than techy innovative companies throwing it around as a buzzword, what are the real reasons as to why a company would want to […]

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Innovation Roundup

  The Power Of Purpose-Led Transformation — Driving Innovation and Growth: A willingness – and ability – to transform is what separates businesses that survive – and thrive – over time from those that wither and die. via @Forbes PM hails Vision magazine as ‘strong champion’ of business: The Prime Minister has praised the “creativity, innovation and success” of Yorkshire’s professional, digital and creative sectors. David Cameron made the comments in an exclusive article for Yorkshire Vision, The Yorkshire Post’s showcase business publication. via @yorkshirepost 3 Fintech […]

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I had the pleasure of logging into Google for Work’s largest digital event last night, Atmosphere, which looked at how businesses can think creatively and innovate boldly. If you missed it, you can watch it online and download additional content here. There were some great speakers, many of who I was thrilled to see were Brits, including Tim Brown, Co-CEO of IDEO and Laslow Bock, SVP People Operations at Google – whose mission is to “make work suck less through applied […]

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Photo via Intrapreneurship Conference. Last week Wazoku was at the Intrapreneurship Conference here in London and we had the opportunity to hear a few interesting speakers. One of them was Joris van Heukelom, founder of MakerLab, a Dutch innovation company focusing on innovation for big corporations such as educational publishers, banks, insurance and retail, among others. Joris gave a presentation on “How to create a future-proof organisation”, which was very useful and interesting. In his role as the founder of […]

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A recent survey, conducted by the Enterprise Research Centre, came up with some interesting (and surprising) results when it comes to which areas of the UK are most innovative. This survey was elaborated by looking at 14,000 SMEs and firms producing “cutting edge” technologies. On top of the list we can find Oxfordshire, which can be in part explained by students finishing University and getting settled in the region. This is followed closely by Cambridgeshire and Peterborough. Next in line […]

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  For most of its history, the transport industry has remained largely the same. Sure, there have been steady updates its technologies, but innovation has been incremental and infrastructure improvement has, at the risk of understating, been costly. While the industry has been trying to overcome major issues such as ageing structure and an exponentially increasing user-base, especially in London, it would seem that the industry has lost sight of the common traveller. To meet customer expectations, the transport industry […]

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Recently we’ve had these two TED Talk presentations going around the office and we thought we should also share them with you, as both have very interesting lessons on the innovation process. In this 2009 Ted Talk, Dan Pink presents us “The Puzzle of Motivation”. Using the candle problem as an example, he explains how businesses have been getting it all wrong when it comes to giving rewards. Contrary to what might be expected, rewards can have a negative impact […]

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Innovation Roundup

Premier Foods plans more innovation: Premier Foods is stepping up innovation plans, after seeing gains from initial steps in the past year, ceo Gavin Darby claimed as he reported on full-year results at an analyst meeting. via @FoodManufacture Eco-innovation for better business: Are environmental labelling and information schemes driving eco-innovation – and better business? via @BusinessGreen Viacom launches commercial innovation group: Viacom International Media Networks (VIMN), home to MTV, Nickelodeon, Comedy Central and Channel 5, has formed a commercial innovation […]

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McDonalds is the largest fast-food chain on the planet, serving 68 million customers per day across 35,000 stores. But, after a sales slump that’s lasted for six consecutive quarters, we have to ask, are the golden arches starting to collapse? And if so, why? Simply, the evidence speaks for itself. Major scandals in Asia causing massive drops in sales, a steady decline in popularity across home soil and the company remaining the only on the Dow Jones Industrial Average that’s […]

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