%0 Journal Article %J Technology Innovation Management Review %D 2018 %T Editorial: Insights (October 2018) %A Chris McPhee %K customer foresight %K data analysis %K data mining %K design thinking %K digital platforms %K industry–academia collaboration %K machine learning %K market entry %K Open innovation %K service design %B Technology Innovation Management Review %I Talent First Network %C Ottawa %V 8 %P 3-4 %8 10/2018 %G eng %U https://timreview.ca/article/1188 %N 10 %1 Technology Innovation Management Review Chris McPhee is Editor-in-Chief of the Technology Innovation Management Review. Chris holds an MASc degree in Technology Innovation Management from Carleton University in Ottawa, Canada, and BScH and MSc degrees in Biology from Queen’s University in Kingston, Canada. He has nearly 20 years of management, design, and content-development experience in Canada and Scotland, primarily in the science, health, and education sectors. As an advisor and editor, he helps entrepreneurs, executives, and researchers develop and express their ideas. %R http://doi.org/10.22215/timreview/1188 %0 Journal Article %J Technology Innovation Management Review %D 2018 %T How to Build Competencies for a Data-Driven Business: Keys for Success and Seeds for Failure %A Jyrki Koskinen %K best practices %K case projects %K data analysis %K data-intensive services %K design thinking %K experiences %K innovation platform %K service design %K service thinking %K team building %X Data analysis to create deep understanding and insights holds vast potential for innovation, but there is a severe shortage of data scientists. How then can a company create the competencies needed to obtain a competitive edge in the era of data-driven business? This article describes “Data Driven Business”, a program developed to coach company teams in Finland in the use of an innovation platform combining data analysis and service design using real-life case projects. The results suggest that this approach is an efficient way to build data-analysis competencies in a company: after taking the 14-week coaching course, 58% of the participating companies had launched a new product or service in the market within six months from the end of the course. After the program, a network called DOBit was established to share experiences among the members and to leverage data analysis and service thinking in society. This article describes the development and implementation of the course, its results and outcomes, and the keys for success and seeds for failure when attempting to build competencies for a data-driven business. %B Technology Innovation Management Review %I Talent First Network %C Ottawa %V 8 %P 18-28 %8 10/2018 %G eng %U https://timreview.ca/article/1190 %N 10 %1 Avaamo Konsultointi Jyrki Koskinen is an entrepreneur running a consulting company Avaamo Konsultointi, which he started following his retirement from IBM, where he was in charge of university relations in Nordic countries and external relations and corporate responsibility in Finland. Before IBM, Jyrki worked as a management consultant for PriceWaterhouseCoopers and in managerial positions in companies Kesko Oyj, Anttila Oy, Tieto Oyj, VTT Technical Research Centre of Finland Ltd, and Nokia Oyj. He has a master’s degree in Information Systems from Turku University in Finland. Jyrki’s ambition is to develop a sustainable services society for improved welfare. His special areas of interest are next-generation innovation platforms together with ecosystems, services thinking, and open technology. He has experience in business strategies, especially digital business, organizational change, and transformation as well as IT strategies, IT management, business process development and program management. His key industries include ICT, healthcare, retail, telecommunication, and insurance. Jyrki was the director of DOB program working for COSS. %R http://doi.org/10.22215/timreview/1190