FUTURE OF TECHNOLOGY DRIVEN INNOVATIONS; CRAZY OR REAL

  The impact of Covid-19 on businesses has left business leaders in a search for strategies to understand and anticipate possible disruptions to the business environment and how to prepare effectively and successfully sail through uncertainties in the future. Thus, to determine the future, especially within a business environment, scenario planning and forecasting are used to predict and prepare for what may happen in the future. Even though these terms are sometimes used interchangeably, they are different techniques with different meanings. Scenario planning involves the identification of different possible paths that could lead to the future, taking into consideration the changing market conditions. Scenario-based planning is a process of decision-making widely used by professionals and decision-makers to plan and respond dynamically to an unknown future. Thus, scenarios planning provides a coherent and credible alternative about the future (Cornelius et al., 2005) . With scen...

  In this world today, there are several products and services we use in our everyday lives that came from mistakes or accidents. Thus, serendipity, an unsought, unintended, or unexpected but fortunate and desirable discovery of great benefit and happens by accident or luck, is the right word to describe accidental inventions (Dictionary.com, n.d) . Some incredible inventions that have occurred over the years and are very beneficial to society include the invention of champagne, chocolate chip cookies, and microwaves. The focus of this discussion will be on the accidental discovery of champagne. Champagne Champagne is a well-loved variety of sparkling white wine that originated from the champagne wine region of France. This sparkling white wine is produced according to some specific rules that require the execution of specific vineyard practices, including sourcing the grapes from specific locations, specific grape-pressing methods, and the use of secondary fermentation proce...

  In any organization, decision-making could be done by individuals or by a group. Engaging the opinions and diverse perspectives of others within the team enhances the decision-making process, given that multiple opinions are considered in making the best decision. As a result, employing various group decision-making techniques could be critical in making effective decisions. Group decision-making techniques are the different ways of making decisions in a group setting by choosing the right approach that fits the team culture from a diverse group of opinions (Abdel-Basset et al., 2019) . As a result, the opinion of everyone on the team is considered, which may lead to a surge in team engagement and productivity. Several group decision-making techniques exist, including the Delphi method, Brainstorming, Weighted Scoring, Nominal Group Technique (NGT), and Possibility Ranking. This post will focus on the Delphi and Weighted Scoring group decision-making techniques.    ...

  Think tanks, also known as 'reflection pools,' are diverse groups of institutions that engage and focus on providing innovative solutions to different aspects of social sciences (McGann & Shull, 2018) . Think tank organizations bring together experts from diverse backgrounds to think and develop ideas that will solve specific problems; thus, they are referred to as idea factories. The main objective of think tank organizations is to think without restrictions to foster innovation in the future by influencing public policy while claiming autonomy (Abelson, 2018) . Several think tank organizations exist with different focus areas; for instance, the Pew Research Center, Heritage Foundation, and RAND Corporation are all think tank organizations. These organizations use different techniques and models such as one-roof (where members meet face-to-face) or think tanks without walls (where members communicate virtually using technology) to foster innovation. While some think tank...