For business innovators such as the new phenonmenon's Google and eBay to the more established Proctor & Gamble and Samsung, 'change' serves as their biggest innovation driver. This assertion is backed by none other than the legendary management consultant, Peter Drucker, who had said, "Innovation is the specific tool of entrepreneurs, the means by which they exploit change as an opportunity for a different business or a different service."
The October DinarStandard edition is all about identifying and assessing the biggest change opportunities facing a new generation of business leaders from the OIC (Organization of Islamic Conference) member countries. We lead off with DinarStandard's analysis of ten specific trends that provide the greatest opportunities for entrepreneurs to innovate and lead. From the emerging capital markets and venture capital culture to the opportunities related to Web 2.0 social networks and unprecedented global connectivity, the ten trends broadly cover macro-economic, demographic, social, management, and science & technology developments.
Mr. Athar Osama, a senior executive of an international technology and economic development consulting firm, picks up on one of the trends category and provides an analysis of both current state of scientific research in the OIC member countries as well as strategies to further promote it.
Mean while, Associate Editor, Mr. Sajjad Chowdhry juxtapositions some of the management opportunity trends addressed with that of the 14th scholar, Ibn Khaldun's. He continues his series of drawing lessons from classical innovators by presenting Ibn Khaldun's thoughts on leadership and work, culling from the scholars' great magnum opus - the Muqaddimah.
Finally, Mr. Shahriar Amin, Deputy Brand Manager, GrameenPhone Ltd. provides a cautionary note against the growth objectives of the Opportunity Trends by discussing the negative impact un-checked growth can have on brands.
We hope the ten trends and the associated perspectives provide some practical insights for entrepreneurs. These are not meant to be perfect, but provide enough perspective on opportunities that can drive innovation in the near future.
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