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New Zealanders to tackle innovation uncertainty in public lecture

The businesses in New Zealand, no matter the size, history or industry, are constantly assessing the threat coming from the disruptive technologies such as robotics, artificial intelligence (AI) and blockchain.

Although uncertainty will always be present, some companies are more skilful than others at responding to these challenges.

In order to grow the nation’s wealth, businesses from all sectors, ranging from agriculture to tourism, need to find ways of learning from market leaders to reduce the uncertainty associated with investment in technological innovation.

A public talk called, ‘Navigating Disruptive Innovation in an Uncertain World’ will be given by the Dean of the University of Waikato’s Management School, according to a recent announcement.

It will cover two approaches in tackling innovation uncertainty. The first is by using a new science of demand in order to gain a lens into the mind of future customers.

The second is by unpacking resource allocation choices by integrating demand with supply.

Waikato is often described as one of the best performing regions in New Zealand for generating innovative new ideas.

However, when it comes to commercialising the ideas, it is actually among the worst performing regions.

For a Triple Crown-accredited business school such as the University, the implication is that good management science, when intuitively applied, can be used to help business leaders make better strategic decisions.

Going with gut instinct is unlikely to yield desired results when uncertainty is high.

Taking a more scientific approach to recognise the impact of disruptive technologies can lead to more accurate forecasts and even slight improvements, and can even save big money.

Also to be discussed in the lecture is the impact on higher education, where the threat of disruptive technology is real.

The trick is to recognise that disruptive innovation is not a product at a single point in time, but the evolution of a technology over time.

The lecturer’s research showed that the language of disruption is always faster than actual disruption in the workplace.

While technology is changing at a faster rate than ever before, it takes much longer for the business landscape to change in a material way.

The key message for students is that the basic economic laws being learned in business schools like the University’s Management School are likely to stand the test of time.

The lecture is free and open to the public. It will be held in the Gallagher Academy of Performing Arts at the University of Waikato, starting at 5.15pm on 23 October 2018.

It is a part of the 2018 Hamilton Public Lecture Series that demonstrates how the work of the newest professors of the University is having real impact on the world.

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Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

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CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

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Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

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SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

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HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

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IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

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