Delhi, Mumbai to get flying cabs? India among 5 countries for Uber flying cabsDelhi, Mumbai to get flying cabs? India among 5 countries for Uber flying cabs

The future is here! Get ready to see cars flying soon as Uber has shortlisted India as one of the first five shortlisted countries that coild soon gets the Uber Air City in next five years. After evaluating many countries, Uber's flying program called Uber Elevate (aerial taxi arm) has said that India, Japan, Austraia, Brazil and France will be the first countries to get the flying cabs at the Uber Elevate Asia Pacific Expo. Dallas and Los Angeles in U.S have alredy been selected and now the fight for the third spot is on.

The statement says that "Mumbai, Delhi, and Bengaluru are some of the most congested cities in the world, where travelling even a few kilometres can take over an hour. Uber Air has a tremendous potential to help create a transportation...Read more

Why Leaders Have A Duty Of Care To Set Digital BoundariesWhy Leaders Have A Duty Of Care To Set Digital Boundaries

Five years ago, the idea of setting digital boundaries at work was unthinkable. The fear of being judged by managers or co-workers for not being “fully committed to success” was palpable, especially for women who risked perception as being too “family-oriented.” While some leaders might employ strategies for cutting back on connectivity, they would never tell their co-workers that they quit checking email after 6 p.m. or on the weekends. Fortunately, that trend is changing.

Today, employers regularly invest in well-being initiatives, recognizing that healthy, engaged employees are better for the bottom line. However, more and more often, employers are rethinking their digital policies to ...Read more

How Big Data Science and Analytics is the Lure for Businesses Today How Big Data Science and Analytics is the Lure for Businesses Today

It’s high time to change the proverb ‘Survival of the fittest’ to ‘Survival of the smartest’. The exponentially growing global economy, fast-paced business world, and ultra-modern technological advancements are compelling everyone from a small company to big corporations to increase their client base and grow the business more.

Big data science and analytics have changed the course of market strategies and paved altogether new paths for the growth and profit of the companies. We have entered the digital age in this decade and the big data analysis is the latest digital technology that has accomplished even unbelievable tasks in real-time. By the end of 2020, the big data volume is going to reach 44 trillion gigabytes, breaking down all the previous trends and setting a new business world...Read more

Infographic: The Traditional Businesses Acquiring Platform InnovationInfographic: The Traditional Businesses Acquiring Platform Innovation

The last decade has seen platform businesses grow beyond the tech sector into a phenomenon that's effecting almost every industry, from retail and groceries to B2B distribution, industrial machinery and automobiles.

With this shift we've seen an increase in traditional, linear businesses that are exploring platform innovation. The most prominent example in recent days is Walmart, as we've written about before. With its $3.3 billion acquisition of in 2016, Walmart finally embraced the marketplace approach that had driven much of Amazon's success...Read more

Practical Lean

Although many “lean purists” may disagree with me, I believe that to be successful in the introduction and implementation of lean concepts, a dose of practicality is required. I like to refer to this as “practical lean.” Obviously, the ongoing elimination of waste is the overriding objective of the lean concept, but there are a number of ways to achieve this. I prefer to see a lot of little successes along the way and believe in the adage, “Don’t let perfect be the enemy of better.” Here, I would like to share some of my experiences helping companies get lean in a practical way.

The Plant Expansion
A very successful manufacturer of materials used in electronic devices was outgrowing its existing facility. The company was constantly adding new equipment to support its rapid sales growth, and this, combined with frequent process changes, created the need for more space. Located in a small...Read more

How to Hand Off an Innovation Project from One Team to AnotherHow to Hand Off an Innovation Project from One Team to Another

Nearly every business leader I meet fears being overcome by tech-savvy upstarts. That fear drives their companies to invest millions into coming up with breakthrough innovations. But a sickening number of those investments fail. Truth is, you can have the right portfolio of investments, the right metrics and governance, the right stage-gate development process, and the right talent on the right teams — but if you don’t design the right handoffs between your teams, all of that planning falls apart.

If innovation projects are going to succeed, they’ll need to survive a handoff from an innovation team to an execution team. And every time you create a handoff, you risk dropping the baton...Read more

Artificial Intelligence Can Help Leaders Make Better Decisions FasterArtificial Intelligence Can Help Leaders Make Better Decisions Faster

Decision-making remains one of the ultimate tests for leadership in new entrepreneurs. Even experienced leaders who have a track record of sound decision-making have, at some point, made a drastically poor decision that shook their reputation.

As the talk about AI promises a radical transformation of the organization, leaders are especially curious to know if it will make it easier for them. While a lot of them are excited, some of them don’t want decision-making made easier. Their ability to make sound decisions without complex technology is the very foundation of their reputation as good leaders...Read more

An Era of Sharing Is also Coming for InnovationAn Era of Sharing Is also Coming for Innovation

If you identified an innovation that allows you to use 38% less energy and save 24% of costs, would you share it with other companies? Until a few years ago, the unanimous response of the business world would have been no, but then... Facebook did it, triggering an innovation cycle that arouses interest all over the world. The Facebook Open Compute Project is the starting point used by Alfonso Gambardella (Bocconi University) to reflect on one of the features of tomorrow’s innovation: sharing. His study on the subject (Endogenous Openness: The Increasing Profitability of Free Substitutes for Proprietary Design) will be presented at The Sharing Economy of Innovation conference (Monday, October 23rd, Foyer Aula Magna, via Roentgen 1, 5pm), the second event of the Bocconi Research for Europe and the World Economy (BREWE) series, which aims to disseminate research outcomes that have the greatest impact on the economy...Read more

Three key questions you will not escape for industry 4.0Three key questions you will not escape for industry 4.0

A recent survey by IMD business school asked supply chain leaders across Europe to select from a diverse list of 20 hot topics what would be their biggest supply chain drivers in 2020. They were also asked to rank their company’s readiness to exploit these drivers.

The top five supply chain drivers for which the implementation gap was the largest touched on Big Data, Digitalization, Internet of Things and Artificial Intelligence, all pillars of Industry 4.0 along with automation, 3D printing and other digital innovations. These are exciting new technologies, but the survey shows that the current reality of supply chains is that, notable exceptions aside, the majority of companies are still not ready to use them...Read more

Leaders of the future will need to be socially aware, and entrepreneurial: Seán MeehanLeaders of the future will need to be socially aware, and entrepreneurial: Seán Meehan

Professor Seán Meehan, The Martin Hilti Professor of Marketing and Change Management, Dean of MBA Program, IMD Business School, was in India in May to meet potential candidates for its executive education course in Lausanne. Under its MBA Accessibility Program, IMD has decided to move away from the traditional recruitment process of students coming to the main campus for interviews and activities, and instead travel to select countries to meet a pool of candidates. It would ensure students who cannot fly to Switzerland or be away from work for a week, don’t miss out on the opportunity to learn with us, Meehan told Forbes India. The accessibility days have earlier been carried out in Singapore, Sao Paulo, and in Latin America...Read more

What Amazon and Uber Teach Us About the Disruptive Power of ConvenienceWhat Amazon and Uber Teach Us About the Disruptive Power of Convenience

Shep Hyken is an Entrepreneurs' Organization (EO) member, award-winning keynote speaker and New York Times bestselling business author. As a customer service and experience expert, he knows the critical role stellar service plays in a company's trajectory of success. He writes about it in his upcoming book, The Convenience Revolution. We asked Shep why he believes convenience is the next big game-changer in customer service. Here's what he shared:

Easy. Convenient. User-friendly. Simple concepts, but when leveraged as a business strategy, more powerful than you might imagine...Read more

Bill Gates Reveals His Biggest Weakness and Teaches a Valuable Lesson in LeadershipBill Gates Reveals His Biggest Weakness and Teaches a Valuable Lesson in Leadership

You have to hand it to Bill and Melinda Gates. As billionaires, sitting down for an hourlong, unfiltered Q&A session with an auditorium full of debt-burdened college students took some guts.

But sit down they did, and answered even the toughest questions with honesty and authenticity.

One of the questions Bill faced in the session, held in February at CUNY's Hunter College was about his biggest weakness when it comes to running a business...Read more

Speed of innovation, the essence of survivalSpeed of innovation, the essence of survival

Speed is the absolute essence of combat, according to the book The Principles of Personal Defense, and for many companies facing the challenges of digital disruption and the fierce competition it brings, today’s business scene must feel like a combat zone. To survive in this battleground, speed, especially in the area of innovation, is essential.

As such, more and more chief executives (CEO) are increasingly looking to their chief information officers (CIOs) to accelerate innovation and unlock new growth avenues. To keep pace with the digital economy, CIOs need to transform their thinking. The first step is to consider making their information technology (IT) systems autonomous, i.e. self-managing and self-securing...Read more

Self-Leadership: Reflexive learner to reflexive leader and a career in the driver's seatSelf-Leadership: Reflexive learner to reflexive leader and a career in the driver's seat

In the classroom, both fledgling managers-of-the-future and Executive participants with decades of experience are taken aback when they enter into the stance of reflexivity. Out with top-down learning and in with personal transformation! A reflexive stance requires a profound investigation of one’s emotions, thoughts, behaviours, expectations, assumptions, personal strengths and personal barriers to success in their career paths as a leader (or a future leader). Having done so, the leader can then start doing things differently. They can begin to make informed and courageous career choices in line with their true desires, values, goals and emotions. This transformative way of learning and being teaches leaders to be agile and to build a career from the driver’s seat. Let’s look at a two examples of how a reflexive stance can help leaders move their careers forward...Read more

Who Should Own Innovation in Your Company?Who Should Own Innovation in Your Company?

Who is responsible for innovation within your organization?

We all know that successful innovation isn't just about coming up with an idea for the next big thing. True innovation requires ownership and agile execution in order to succeed. Companies that aren't aligned on who should "own" innovation shouldn't be surprised when a specific project doesn't turn out as planned.

But how can you be sure you're assigning responsibility for innovation to the right people or groups within your organization?...Read more

Millennials in the boardroom: the future of leadershipMillennials in the boardroom: the future of leadership

Mark Zuckerberg’s outfit was deserving of the full red carpet post mortem when he gave evidence to congress earlier this year. In a suit and tie, the Facebook boss was the snapshot image of anxiety about Millennials, a portent of the future that understands and exploits the trappings of the past. What do Millennials mean for business, culture, politics? How do businesses attract them as customers? How are they shaking up the workplace? Can we court their vote, sell them what they want, answer their needs and negotiate the future together?

The most conspicuous anxiety about Millennials is around the question that very few people are actually asking: what are they going to be like when they get into the board room? The focus has been on Millennials as consumers and voters – think of mortgage apps, restaurants plating up meals with an eye on Instagram, political campaigns being clandestinely fought on social media - but what are they going to be like as leaders?...Read more

Why Age Isn't the Only Thing That Sets Older Entrepreneurs ApartWhy Age Isn't the Only Thing That Sets Older Entrepreneurs Apart

Generalizations about any demographic are inexact and often anecdotal. But people who have observed entrepreneurs in different age groups have found some common characteristics among older founders. They say compared with younger founders, Boomer entrepreneurs are.

Responsible: Elizabeth Isele, CEO of the Global Institute for Experienced Entrepreneurship, works to persuade banks to provide older entrepreneurs access to capital. Young people, she says, are often comfortable taking big chances with money--both their own and other people's. By contrast, "seniors access capital on a per-need basis. They are very unwilling to overextend," she says. "The senior entrepreneur will do everything possible to repay that debt."...Read more

Banks or fintech companies — who will dominate the credit supply chain?Banks or fintech companies — who will dominate the credit supply chain?

Technology tends to remove intermediaries from supply chain and thus increase efficiency. Bill Gates in 1994 commented that banking is necessary, banks are not. Since then, technology has helped banks to innovate and grow. However, with the advent of fintechs globally, Gates’ comment gained relevance. Part of the uncertainty associated with the future of banks is attributable to the popular narrative that banks’ are intermediaries. It may be argued that banks are much more important to an economy and government than the tag of a ‘financial intermediary’ may suggest.

Commonly two models are used to describe banking. As per “financial intermediary” model, banks take deposit from savers and lend it out to borrowers. The second being the...Read more

Research: To Get People to Embrace Change, Emphasize What Will Stay the SameResearch: To Get People to Embrace Change, Emphasize What Will Stay the Same

Common wisdom in management science and practice has it that to build support for a change project, visionary leadership is needed to outline what is wrong with the current situation. By explaining how the envisioned change will result in a better and more appealing future, leaders can overcome resistance to change. But our research, recently published in the Academy of Management Journal, leads us to add a very important caveat to this.

A root cause of resistance to change is that employees identify with and care for their organizations. People fear that after the change, the organization will no longer be the organization they value and identify with — and the higher the uncertainty surrounding...Read more

Innovation In Goods And Services Will Soon Be Driven By Artificial IntelligenceInnovation In Goods And Services Will Soon Be Driven By Artificial Intelligence

Artificial Intelligence has long been a popular topic for fiction and speculative essays, but it also has broad potential applications in the future of innovation with regard to products and services.

The day is coming, for example, when your coffee maker -- without being programmed -- will brew a fresh pot before you go to work. You might even see Amazon recommend products that don't exist until you buy them.

Software has come a long way since the personal computer revolution of the 1980s, and AI is driving software toward a more integrated future. Software equipped with artificial...Read more

4 things you need to know about knowing your stuff4 things you need to know about knowing your stuff

Drucker found many professionals failed because they spent more time on office politics than they did on knowing what they were supposed to know. It is unfortunately true that some otherwise skilled professionals don’t 'know their stuff' to the extent that they should, and don’t seem much to care. Their emphasis is less on being or becoming an expert and 'learning one’s trade,' than on getting ahead. This leads to a focus on office politics and other aspects of the management scene rather than expertise and good performance. Some management books fall into this trap in advising their readers. They fail to emphasize that a leader becomes a real leader only when everyone recognizes that the leader knows what to do when he or she gets ahead, not because the leader knows how to get ahead...Read more

The Making of a Successful Young EntrepreneurThe Making of a Successful Young Entrepreneur

As a father of two young boys, ages 7 and 12, I continually reflect on whether the education they receive is relevant to the challenges they will face in real life. I'm also hoping that they will eventually choose the path towards entrepreneurship, so I try and provide them with tools that allow them to understand and explore that path.

I recently met a young entrepreneur and Georgetown student who just published his first book and has already started a company and two student organizations -- pretty impressive for a 21-year-old. We spoke about a variety of topics, and it got me thinking about what...Read more

Bill Gates, Warren Buffett, and Other Remarkably Successful Entrepreneurs on What They Would Do If They Had to Start OverBill Gates, Warren Buffett, and Other Remarkably Successful Entrepreneurs on What They Would Do If They Had to Start Over

Have you ever wondered how often people change jobs? The number may surprise you. Today, the average person may change jobs 10 to 15 times within their career.

So, if you're considering a professional fresh start, have no fear -- you are not alone.

In fact, this idea of resetting is something many entrepreneurs think about -- even the most successful ones. If you're looking for wisdom or guidance, here is what some business titans would do if they had to start over...Read more

Top 10 Lessons for Launching a Million-Dollar Business

Two years ago I was a digital marketing freelancer who had just gotten my website to rank on the first page of Google for the term, “digital marketing company.”

Since then, I’ve helped lead our company past the seven figure mark in revenue and now work with 15 employees and clients in four continents.

There’s been a lot of learning lessons in the last two years. The experience of creating a company that was named one of the best places to work in Arizona has been one of the most challenging, yet beautiful things I’ve done in my career...Read more

11 Questions Self-Aware Leaders Ask Themselves Daily11 Questions Self-Aware Leaders Ask Themselves Daily

Studies increasingly show that self-awareness is more valuable than smarts alone. Research shows that leaders who are more self-aware get promoted faster and are awarded more responsibility.

Like many qualities, self-awareness is not a fixed trait. It's a skill that can be learned and cultivated intentionally. If you're looking to boost your EQ, there are a number of ways to understand yourself better. Daily mindfulness practices, coaching, and getting trusted feedback are all valuable ways to elucidate blind spots...Read more

Building a successful business in the eyes of entrepreneurs

Registering an LLC and putting an operating agreement together can be done in less than a day, and in the eyes of the law that constitute a business.

But building a business goes beyond legal documents – 10 percent of startups succeed.

According to Fortune magazine, nine out of 10 startups fail for a number of reasons. However, for the select few that do succeed, there are certain factors that come into play such as the fusion of the right people, the right idea and when lucky enough, the perfect timing...Read more

How To Create Your Omnichannel Retail StrategyHow To Create Your Omnichannel Retail Strategy

I recently read a report showing that out of 46,000 shoppers, 73% used multiple channels to make a purchase. Only 7% shopped exclusively online, while 20% shopped exclusively in-store. I believe this is clear proof that there is an increasing need for retailers to turn to omnichannel retail to enhance the customer experience.

A focus on improved customer experience is vital for the growth of a business as it contributes to customer retention. When a customer has a positive experience shopping with your brand, there’s a good chance they will come back to you to make a repeat purchase...Read more

3 Challenges Every Startup Runs Into While Scaling, and How to Overcome Them3 Challenges Every Startup Runs Into While Scaling, and How to Overcome Them

As someone who has run an early-stage startup, I know what it's like to go to bed each night dreaming of the day you start to scale. You're low on resources. You're short on money. And you fantasize about the growth stage because it means your company is on the path to success.

But once there, you'll find scaling has its own unique set of challenges.
In just six years, ThirdLove has grown from two people working out of an apartment to a company with multiple offices and hundreds of team members. But the strategies that made us successful in the beginning haven't necessarily helped us scale...Read more

The Revolution Will Be Electrified: How Cities Are Dealing With New MobilityThe Revolution Will Be Electrified: How Cities Are Dealing With New Mobility

Personal mobility — freedom of movement — is a human right. And the rise of cities, coupled with the emergence of new technologies, means people have a lot of new options for short trips like the last mile between the subway stop and home.

Electric-powered bikes and scooters — as a service — are one of the fastest-growing new modes of personal transportation. These new technologies also call for new rules of the road. Cities have a responsibility to safeguard the safety and well-being of all citizens using its streets and sidewalks...Read more

3 Avoidable Mistakes First-Time Entrepreneurs Make3 Avoidable Mistakes First-Time Entrepreneurs Make

What are some avoidable mistakes that founders make in their first companies? originally appeared on Quora: the place to gain and share knowledge, empowering people to learn from others and better understand the world.
Answer by Jonathan Spier, CEO at PLAE, on Quora:

Letting culture emerge vs. creating it deliberately
Every company has a culture; a set of shared values and behaviors that define how people interact and work together, who advances in the organization, and what is considered important. All too often, the culture of a company emerges based on personalities in the room; it's as if the various personalities "fight" to see what behaviors emerge as acceptable and strongest personality wins! Morale suffers and people leave...Read more

These 6 Communication Styles Should Be In Every Leader's ToolboxThese 6 Communication Styles Should Be In Every Leader's Toolbox

As a leader, one of the most critical skills you need to develop is the ability to adapt your communication style based on situational needs. When you’re able to use the right communication tools, you’re able to help your team reach peak performance. There’s nothing more powerful than communicating in a way that truly resonates with your employees. Let’s take a look at the six key communication styles that every leader should have in their toolbox.

Listening should be the most used form of communication for every leader. There’s no ideal ratio of listening to speaking, but the scale should always tip at least slightly in favor of listening. Listen to...Read more

What Is the Next Advanced Step in Innovative Mobility?What Is the Next Advanced Step in Innovative Mobility?

Yesterday Honda announced the retirement of ASIMO, expressing that the next generation of robots will be adapted to focus on tasks like nursing care. As we look at innovation in ways we move people around the planet, where is the buzz today, and what is ready to be commercialized next?

As many Americans prepare to embark on a traffic-plagued 4th of July pilgrimage the topic of mobility becomes highly relevant. It is timely in the automotive industry as incumbents like Ford, GM and Daimler have their big plays and innovation labs like Daimler's Lab 1886. This lab spans three countries USA, Germany and China and prioritizes the four themes of modern-day mobility including...Read more

The hidden cost of cost-to-serveThe hidden cost of cost-to-serve

Every supply chain executive has had the frustrating experience of witnessing inefficient practices in their fulfillment operations. One of ours was during a tour of a consumer product manufacturers’ distribution center. Workers were carefully taking products that were shrink-wrapped by three, cutting off the plastic film, putting two units in a box and returning the third to storage. The Distribution Center manager, when asked about this seemingly slightly-dangerous and low-added value task, explained that their biggest customer had requested an order minimum of two for this product, even though it arrived from the factory shrink-wrapped by three. Later, upon arriving and the order preparation area, the floor was filled with pallets with only a few boxes on each. Here the manager sheepishly explained that another big customer had requested mono-SKU pallets, despite the wasteful effort and space it required. These were promises made by the sales force without consulting him, and his operating costs were spiraling as a result...Read more

Ginni Rometty: How Purpose Helps InnovationGinni Rometty: How Purpose Helps Innovation

How do you steer a century-old tech giant so it innovates as quickly as a startup? That’s the challenge that Ginni Rometty, the chairman, president, and CEO of IBM, faces. As Silicon Valley grows, spawning new, nimble companies that are barrelling into all of IBM’s major businesses, Big Blue has to fight back using its decades of experience.

Ginni Rometty got her start working on trucks and buses at General Motors, which gave her a scholarship to attend Northwestern as long as she worked for the automaker in the summers. After two years at GM, Rometty joined IBM, where she’s been for nearly four decades, starting as a systems engineer and later working in engineering, sales, research, and finance. She took IBM’s top job in 2012...Read more

Process Excellence for SMEsProcess Excellence for SMEs

‘Process’ is the stuff you do at work each day – the stuff you get paid for. If you’re a business owner or manager, you’ll be all too aware that process isn’t all that happens in a working day.

What is process excellence?
We call it PEX, and it’s about making sure the processes are all working as efficiently as possible. Ever have one of those days where everything falls into place, and by lunchtime you’ve got a list of achievements and a column of ticks on the ‘to do’ list? We think every day should be like that.

Most of the people who run businesses aren’t specifically trained in how to do so – they learn as they go. But PEX isn’t something you need an MBA for - you are engaged with PEX every time you see something that’s not working and put it right. All we’re offering is a set of tools for doing that process for everyone in your organisation...Read more

The Biggest Obstacles to Innovation in Large CompaniesThe Biggest Obstacles to Innovation in Large Companies

It turns out that the word “innovation” is not a Harry Potter-esque magical incantation that, once spoken, renders companies more inventive, creative, and entrepreneurial. The word can be uttered by a CEO speaking to employees or Wall Street analysts. It can be emblazoned on the door to a new innovation center in Silicon Valley. It can be inserted into people’s job titles. (Yes, even Toys R Us had a head of innovation.)

But there are thorny cultural, strategic, political, and budget issues that must be confronted by CEOs and other leaders if they want to ensure that their organizations can be hospitable to — rather than hostile to — new ideas...Read more

Building an intrapreneurial organizationBuilding an intrapreneurial organization

While we’ve always lived in a VUCA world – Volatile, Uncertain, Complex and Ambiguous – these tendencies are a bit more pronounced than in the past, with the speed of disruption exceeding anything seen before. New entrants are pushing innovative products or services onto the market and leveraging novel business models to disrupt entire industries. Many of these new players no longer own assets, but instead leverage existing assets and capture value from data and from controlling the customer interface.

Despite their significant market dominance and availability of resources, established businesses are increasingly uncertain about the future and struggle to adjust to this new reality. As a result, many have missed out on new growth...Read more

Dissonant LeadershipDissonant Leadership

In our working lives we encounter complexity, ambiguity, volatility and uncertainty on a daily basis. Our natural response is to attempt to bring structure, order, comfort and clarity to these situations. This is particularly true in leadership positions when others are counting on us. But these reflexes could be doing us a disservice – it is through experiencing discomfort that our insights and learning become the deepest. By exploring the personal challenges of leadership in today’s dynamic business context, we can build our capacity to read and respond to discomfort and complexity.

Dissonance parallels in music and leadership
The challenges of leadership can be likened to music. An easy metaphor for our daily experiences, music – a communal, personal and visceral activity – elicits in us both comfort and...Read more

Today, You Need More Than A Market Strategy, You Need An Ecosystem StrategyToday, You Need More Than A Market Strategy, You Need An Ecosystem Strategy

In the 1960s and 70s, Route 128 outside of Boston was the center of technology, but by the 1990s Silicon Valley had taken over and never looked back. As AnnaLee Saxenian explained in Regional Advantage, the key difference was that while Route 128 was a collection of value chains, Silicon Valley built an ecosystem.

Clearly, ecosystems are even more important today than they were back then. In fact, a recent study by Accenture Strategy found that ecosystems are a "cornerstone" of future growth and that 60% of executives surveyed viewed ecosystems as a way to disrupt their industry. A similar number saw them as key to increasing revenue...Read more

Innovation, Collaboration Are the Energy Industry's FutureInnovation, Collaboration Are the Energy Industry's Future

The energy industry needs to evolve if it is to meet the twin challenges of rising energy demand and reducing emissions.

While renewable energies are developing rapidly, it is likely to take decades to transform the world’s energy systems from conventional to renewable power generation. To balance the priorities of energy security and lower emissions, the global power-generating industry needs to embrace--and invest more--in technological innovation...Read more