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On Monarch’s return to profitability

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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 …

The Benefits of Gamification

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Gamification is a powerful new technique in business.  We’ve 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 implement and invest in gamifying …

3 Things I Learned About Innovation from Airbnb’s CMO, Jonathan Mildenhall

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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 …

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Intrapreneurship Conference – Joris van Heukelom on corporate innovation.

wazoku Blog

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 …

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The best places for innovation in the UK

wazoku Blog

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 …

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5 Things Transport Operators Can Learn From Other Industries

wazoku Blog

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 …

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2 Ted Talks you cannot afford to miss

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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 …

Cracks In The Golden Arches: A Struggling Fast-Food Giant

wazoku Blog

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 …

Business needs a bit more intrapreneurial spirit

wazoku Blog

  Intrapreneurship is responsible for a lot of product innovation around the world today. At Lockheed Martin, intrapreneurs developed a number of famous aircraft designs and at 3M, they came up with Post-It Notes and at Google, they came up with Google News, AdSense and Gmail. What these examples have in common is that companies embraced the idea of allowing …