IKEA solves a common customer problem of bill retention

IKEA, the famous Sweden born furniture retailer is globally renowned for their innovation in design, products, concept selling and  packaging. They have taken one more step to solve one of the common problems which customers face – retaining the bills of purchase. IKEA now sends a soft copy of the

Technology revolutionized through Aristotle’s philosophy

George Boole showed that a mathematical approach could be applied to logic, making it amenable to calculation. He took the principles of logic and reduced them to a simple form of algebra, now widely known as Boolean algebra. Interestingly, Boole acknowledged that,  Boolean Algebra is build upon the philosophy defined

Celebrating imperfection for better cause

 IMPERFECT PICKS is a special category of Harris Farms , a food retailer. Imperfect picks are seasonal range of fruit and vegetables that might not look perfect from the outside, but are as perfect as ever on the inside. IMPERFECT PICKS helps reduce the astonishing statistic that 25% of farmers

Trial by ordeal as an effective system for guilt

Trial by Ordeal is a judicial practice by which the guilt or innocence of the accused is determined by subjecting them to a painful task. If either the task is completed without injury, or the injuries sustained are healed quickly, the accused is considered innocent. In medieval Europe, like trial

Cuckoo Smurfing for money laundering

Commonwealth Bank of Australia(CBA), the largest bank in Australia in August,2017 was charged with a massive fine by banking regulatory body, AUSTRAC. CBA was charged that it failed to monitor the illegal deposit of money through its intelligent deposit machines and indirectly it had allowed money laundering. Without getting into

Inspiration from Fibonacci series in real life

1,1,2,3,5,8,13,21,34… This is the famous Fibonacci number sequence, where the third number is sum of previous two numbers. The series itself was inspired when Leonardo Fibonacci observed the way the  way rabbits bred themselves. Soon the pattern found its way in understanding bee colonies, the seeds in sunflowers, structure of

Myanmar’s Design Thinking Center for economic empowerment

Leading global organizations are all investing heavily to embed Design Thinking as part of their core execution strategy.  Myanmar which is getting back to democracy after 50 years of military rule realizes that it has lot of work to do to build a strong economy and create a situation where

COWfunding : Fairebel’s innovation from Belgium

Fairebel is a milk co-operative society started in Belgium in 2009 with more than 500 farms as its members.The main goal under which Fairebel was started was to operate diary business in a fair way ensuring all the stakeholders in the diary chain are paid properly. It focused on farmers

Innovations in skill development

It is not just the private organizations who are taking skill development seriously. Several leading countries who are abreast with the disruptive business models and  proliferation of technology across the business are taking skill development seriously to improve the overall productivity with an aim to remain competitive in the global