📚I recently finished reading Marty Cagan’s book Transformed, which I found to provide some practical insights on product development. While I don’t believe that there is only one way for companies to innovate, I think it’s great for product leaders to grapple with the larger ideas and perspectives that are out there. 💡One story from the book stuck with me. File this under “you can find innovation anywhere” - quick summary below: 1️⃣Almosafer is a travel and tourism company based in Saudia Arabia. They serve the wider Middle East and saw an opportunity to incorporate local needs, preferences and cultures for travel - also supporting religious travel. They grew to a billion dollar business BUT then the pandemic hit. 2️⃣While many tourism companies struggled during the pandemic, Almosafer turned this into an opportunity by leveraging their top-notch infrastructure for user feedback. They realized there was an unmet need for families to gather together safely. 3️⃣Most often, families were looking to gather in large outdoor courtyards called “istirahas”, so Almosafer began to incorporate finding and reserving istirahas into their product offering - quickly becoming the “Airbnb” of istirahas, successfully educating the population on this new offering, and growing to over 70% market share. 🔔Punchline: True innovation isn’t just about perfecting the present. It’s about planning for the surprises of tomorrow.
Kevin Foley, CFA’s Post
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During the next three days at TIS - Tourism Innovation Summit in Seville, I will be meeting with people who drive innovation inside their organizations: owners and decision-makers from hotel aggregators, tour operators, transportation companies, and large hotel chains. I am particularly interested in learning about the main challenges that they are facing right now. On the other hand, there will be 40 startups presenting their cutting-edge products. Let’s see if their offer fits the travel giants’ demand 😉 Sustainability and AI will be hot topics at TIS, but it is clear that tourism industry leaders still care greatly about customer satisfaction, on-time performance, and sales growth❗ I look forward to sharing more updates from the summit. #TravelTech #Innovation #Tourism #openinnovation #TIS2023
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𝗖𝗮𝗽𝘀𝘂𝗹𝗲 𝗛𝗼𝘁𝗲𝗹𝘀: 𝗔 𝗖𝗼𝗺𝗽𝗮𝗰𝘁 𝗥𝗲𝘃𝗼𝗹𝘂𝘁𝗶𝗼𝗻 𝗶𝗻 𝗛𝗼𝘀𝗽𝗶𝘁𝗮𝗹𝗶𝘁𝘆 Part3 Capsule hotels cater to a wide range of travelers, including 𝗯𝘂𝗱𝗴𝗲𝘁-𝗰𝗼𝗻𝘀𝗰𝗶𝗼𝘂𝘀 backpackers, adventurous tourists, and business travelers seeking convenience and affordability near transportation hubs. They are also suitable for short-term stays, overnight layovers, 𝗺𝗶𝗻𝗶𝗺𝗮𝗹𝗶𝘀𝘁 travelers, and backpackers. Additionally, capsule hotels attract those seeking unique experiences, individuals attending events or conferences, 𝗱𝗶𝗴𝗶𝘁𝗮𝗹 𝗻𝗼𝗺𝗮𝗱𝘀, adventurers on a tight schedule, students on a budget, and people attending concerts or festivals. They provide a quick rest during long journeys, accommodations for individuals attending sports events, and emergency lodging during unexpected situations. Capsule hotels also offer privacy without the cost of a traditional hotel room, making them ideal for eco-conscious travelers looking for sustainable lodging options. Moreover, they are perfect for those exploring urban areas and city centers, providing a convenient and affordable base for discovering new destinations. 𝗜𝗻 𝗰𝗼𝗻𝗰𝗹𝘂𝘀𝗶𝗼𝗻, capsule hotels represent a 𝗱𝗶𝘀𝗿𝘂𝗽𝘁𝗶𝘃𝗲 𝗳𝗼𝗿𝗰𝗲 in the hospitality industry, offering a modern, cost-effective alternative to traditional lodging options. Their compact design, affordability, and efficient operations make them a compelling choice for both travelers and hoteliers alike. As they continue to proliferate globally, capsule hotels are reshaping the economic landscape of the hospitality sector, offering lucrative investment opportunities and contributing to the diversification of accommodation options for travelers worldwide. #hospitalityindustry #CapsuleHotels #travel #futureoftourism #investmentopportunities #hotels #businessconsulting #marketresearch #innovation #technology #creativity #futurism #startups #marketing #entrepreneurship #money #sustainability #business #perspective #personalgrowth #culturematters #remotework #workfromhome #futureofwork #publicspeakingskills #communicationskills #executivecoach #womeninleadership #executivepresence #selfconfidence #confidence #selfimprovement #selfesteem #personaldevelopment #selfhelp #leadership #womanleaders #womenexecutives #women #careercoach #leadershipdevelopment #executivecoaching #coach #coaching #work #consultant #executivepresence #saudi #SaudiArabia #SaudiStartups #SaudiAccelerators #VC #Startups
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Education Sector Professional | Development Sector Professional | Products and Innovation Specialist
Have you every traveller solo to Bali with bunch of strangers you found on the way?? As a Product Manager, I excel at turning ideas into reality, but what truly sets me apart is my unwavering spirit for adventure and exploration. Beyond boardrooms and product strategies, I'm a passionate traveler, a believer in serendipitous encounters, and an advocate for leaving no stone unturned on the path of life. My mantra: "Don't leave anything to chance!" 🛤️ Recently, I embarked on a thrilling journey to Bali with a bunch of random, like-minded solo travelers. What's the essence of this? It's about seizing every moment, making new friends, and trying new things. I understand that the guilt of not trying something new far outweighs the fear of stepping out of one's comfort zone. It's about experiencing the thrill of adventure sports, the charm of meeting random travelers, and the joy of embracing the unknown. I prove that adventure and product management aren't separate worlds; they are intertwined. The same mindset that drives innovation in products also fuels my desire to explore the uncharted. So, let's follow my lead and dare to say yes to the unknown, in both our travels and our careers. Take a cue from me and make every moment count, whether in the boardroom or the beautiful landscapes of the world. ✨ #AdventureSeeker #ProductManager #TravelEnthusiast #LifeIsAnAdventure
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Teacher at Haaga-Helia | OTA whisperer: Inspiring others to reach and exceed their potential | Ex-Expedia | Ex-Bob W
Hey there, global hospitality game-changers 🌍! We’re crafting the tomorrow where every town, every village, every city becomes a focal point on the global travel map. Grab a croissant and coffee and read on! 🥐☕️ Whether you find yourself amidst the pristine landscapes of Finland or any dynamic hub across our planet, I bet you’ve daydreamed a bit — envisioning a landscape where every hotel, be it a grand establishment or a boutique haven, emerges as a star in the grand theater of our industry. 🎨 𝗧𝗵𝗲 𝗩𝗶𝘀𝗶𝗼𝗻 Picture this with me: a canvas sketched with daring innovation, hearty inclusivity, and a charm that laughs in the face of boundaries. It’s a grand vision, birthed in the energetic heart of Finland, aiming to echo in every vibrant corner of the globe. 🌱 𝗧𝗵𝗲 𝗝𝗼𝘂𝗿𝗻𝗲𝘆 From crafting strategies at Expedia to boosting growth at Bob W, and maneuvering the helm at DigitalGuest, I’ve brewed a cocktail of experiences, all steering towards one dream: to spark a renaissance in hospitality that champions every hidden gem out there. 💼 𝗧𝗵𝗲 𝗜𝗻𝗶𝘁𝗶𝗮𝘁𝗶𝗼𝗻 Behold the Hotel Growth Agency - not just a business but a mission, a commitment to narrate the untold, to unveil the undiscovered, and to spotlight every deserving player on this global stage, one compelling story at a time. #hotelgrowth #hospitality #startup #EveryHotelAStory #capturedemand 📢 𝗖𝗮𝗹𝗹 𝘁𝗼 𝗔𝗰𝘁𝗶𝗼𝗻 Reach out, let's share stories that can shake the world, and craft a narrative that resonates universally. Let’s put your hotel on the map! 🔔 Stay updated, ring the bell ➕ Follow for insights 💬 Have thoughts, leave a comment 👍 Did it resonate, like or react 🎤 𝗢𝘃𝗲𝗿 𝘁𝗼 𝗬𝗼𝘂 Global thinkers, I’m curious: - What whispered secrets are concealed within the heart of hotels worldwide, secrets eager to be shared? - Could we become the megaphone for these whispers, building a rich, collaborative narrative that reverberates globally? - How are you reaching the so-called unreachable guest and how much would you pay for it?
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🤖 IBM Applied AI Pro helping hotels 🏨 boost direct bookings with innovative digital transformations & AI solutions, avoiding OTA clashes 💡 Your go-to Digital Transformation & AI coach 💥 Hotel consultant 🚀
😍 #𝗴𝗿𝗮𝘁𝗶𝘁𝘂𝗱𝗲 𝗪𝗵𝗮𝘁 𝘄𝗼𝘂𝗹𝗱 𝗺𝗮𝗸𝗲 𝘁𝗼𝗱𝗮𝘆 𝗴𝗿𝗲𝗮𝘁? 𝗪𝗵𝗮𝘁 𝗮𝗿𝗲 𝘁𝗵𝗲 𝗼𝗽𝗽𝗼𝗿𝘁𝘂𝗶𝘁𝗶𝗲𝘀 𝗳𝗼𝗿 𝗹𝗲𝗮𝗿𝗻𝗶𝗻𝗴 𝗮𝗻𝗱 𝗴𝗿𝗼𝘄𝘁𝗵? 🏩 Today marks another wonderful beginning, filled with the potential for new opportunities and growth. I find myself reflecting on the three powerful words that guide my journey today: Asking, Accelerate, and Mindset. These words are not just concepts but tools that empower me to navigate the challenges of each day with a proactive and positive approach. Asking is the first step toward understanding and growth. It's about being curious, seeking new knowledge, and understanding the intricacies of digital transformation and AI that can redefine the hospitality landscape. By asking the right questions, I uncover the needs and desires of hotels, allowing me to tailor solutions that are not only effective but also innovative. Accelerate reflects my commitment to driving rapid progress. In the fast-paced world of digital transformation and AI, acceleration is key to staying ahead. It's about implementing changes swiftly and efficiently, ensuring that the hotels I work with can quickly benefit from new technologies and strategies that enhance guest experiences and operational efficiency. This sense of urgency is vital in converting digital possibilities into tangible successes. Mindset, perhaps the most crucial, underpins every action and decision. A growth-oriented mindset allows me to embrace challenges as opportunities for development and to persevere through setbacks. It ensures that my focus is always forward-moving, aligned with a vision that transcends the mundane and strives for exceptional outcomes. Together, these three words form a dynamic framework that guides my daily actions. They remind me that transformation in the hotel industry is not just about adopting new technologies but also about evolving our thinking and approaches. Today, filled with the joy of potential breakthroughs, I am especially grateful for the clarity and direction these words provide. They fuel my journey towards helping hotels transform, not just digitally but also culturally, crafting memorable experiences for every guest.🌟🌈💼🚀 "A transformational mindset is curious enough to ask, bold enough to accelerate, and strong enough to sustain the journey." 1. The Digital Transformation Framework for Hotels https://lnkd.in/gF65q3hw 2. The cliff notes for the Digital Transformation Framework for Hotels - https://lnkd.in/gneJVPT5 3. Digital Transformation Partnerships for Hotels - https://lnkd.in/gitz9Nva #digitaltransformation #hotel #partnership #hotelmarketing #hotelnews #mindset #growth #renew #change #service #funnel #moment #asking #accelerate #joy #transform #transformation
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Which headline is more likely to result in a behavior change? 🤔 Headline 1: ❌ Focus on the negative. ❌ It grabs attention (a necessity in the media world). Headline 2: ✅ Focus on the positive. ✅ While mentioning the need for sustainable action, it inspires a positive behavior change. ➡️ Behavior science suggests that solely focusing on the negative isn’t an effective strategy for behavior change. ➡️ For destination leaders, hospitality managers, and other tourism professionals: keep this in mind when suggesting sustainable alternatives to your visitors in the future. Any tips on implementing this logic into your business (or life in general)? Share in comments! 👇 #behaviorchange #sustainabletourism #tourism If you're a destination professional and interested in the topic of behavior change in tourism, join our Masterclass: https://lnkd.in/ecqicrfY
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Update! In an exclusive interview with dojo.live, our CRO Marvel Puri discussed how online travel companies can navigate the future with innovation and ease and much more on the topic at length. Check out the full interview here: https://lnkd.in/dgkj8d8u #technology #innovation #hospitality
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Running out of places to enjoy and spend your time? Relieve your stress when the pressure gets too much? Finding a place to spend time with your family or girlfriend? Then we have our newly introduced service Food on Wheels. Introducing food on wheels at this specific point is crucial due to the growing demand for personalized and experiential services. As travel restrictions ease and people seek leisure activities, offering a curated journey to scenic places accompanied by their favorite meals provides a timely solution. It aligns with the current desire for stress-free travel experiences, creating a niche market that caters to relaxation, convenience, and enjoyment. Introducing this product now is vital as we observe a shifting consumer landscape post-pandemic. Additionally, the desire for personalized, curated services is on the rise, making this an opportune moment to launch a product that seamlessly blends convenience, travel, and gastronomic delights. The present market conditions emphasize the need for innovative, tailored solutions, positioning this product as a timely and necessary addition to the evolving preferences of consumers. #investor #startuprevolution #financialempowerment #venturecapital #enterpreneur krish lunia yuvi shah Aashvi Javeri ATLAS SkillTech University ISMEMumbai
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🤖 IBM Applied AI Pro helping hotels 🏨 boost direct bookings with innovative digital transformations & AI solutions, avoiding OTA clashes 💡 Your go-to Digital Transformation & AI coach 💥 Hotel consultant 🚀
😍 #𝗴𝗿𝗮𝘁𝗶𝘁𝘂𝗱𝗲 𝗪𝗵𝗮𝘁 𝘄𝗼𝘂𝗹𝗱 𝗺𝗮𝗸𝗲 𝘁𝗼𝗱𝗮𝘆 𝗴𝗿𝗲𝗮𝘁? 𝗪𝗵𝗮𝘁 𝗮𝗿𝗲 𝘁𝗵𝗲 𝗼𝗽𝗽𝗼𝗿𝘁𝘂𝗶𝘁𝗶𝗲𝘀 𝗳𝗼𝗿 𝗹𝗲𝗮𝗿𝗻𝗶𝗻𝗴 𝗮𝗻𝗱 𝗴𝗿𝗼𝘄𝘁𝗵? 🏩 Today marks another incredible start, filled with fresh opportunities and the promise of a new beginning. I'm deeply thankful for centering my day around three powerful concepts: acknowledgment, realization, and appreciation. These aren't just words to me; they're the compass that guides my journey, especially on days when the path seems unclear and a bit challenging. They remind me of the importance of recognizing every step, understanding its value, and being grateful for the journey itself. This approach is at the heart of how I embrace digital transformation and AI, both for personal growth and in reimagining the future of hotels. It's about seeing beyond the immediate, acknowledging the potential in every challenge, and appreciating the process as we pave the way for what's next. This mindset opens doors to unimaginable possibilities, each filled with joy and potential for both myself and the hotels I work with. I'm committed to keeping this energy alive, ensuring today stands out with its unique charm and promise, just like the days before it, yet distinct in its own right. It's through acknowledgment, realization, and appreciation that true transformation begins. "In the journey of transformation, acknowledgment is the first step towards seeing the world with new eyes, realization is the pathway to unlocking hidden potentials, and appreciation is the fuel that keeps the fire of change burning brightly." 1. The Digital Transformation Framework for Hotels https://lnkd.in/gZTfeQfw 2. The cliff notes for the Digital Transformation Framework for Hotels - https://lnkd.in/gneJVPT5 3. Digital Transformation Partnerships for Hotels - https://lnkd.in/gitz9Nva #digitaltransformation #hotel #partnership #hotelmarketing #hotelnews #mindset #growth #renew #change #service #funnel #process #journey #resilience #harmony #grateful #joy #transform #transformation
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Implementing the Blue Ocean Strategy is particularly crucial for businesses based in Botswana, as it encourages innovation and differentiation in a competitive market, offering unique advantages that can lead to sustainable growth. In a region where markets may be saturated or highly competitive, adopting a Blue Ocean Strategy enables companies to carve out uncontested market space, creating new opportunities and attracting a broader customer base. By focusing on innovation rather than competition, businesses can identify and exploit untapped market segments. For instance, a tourism company in Botswana could explore eco-friendly and culturally immersive travel experiences, differentiating itself from traditional tour operators. Similarly, in the technology sector, a software company could develop customized solutions tailored to the specific needs of local businesses, creating a Blue Ocean by catering to an underserved niche. The Blue Ocean Strategy allows businesses in Botswana to break away from the traditional competitive mindset, fostering a culture of creativity and strategic innovation that is crucial for long-term success in diverse and evolving markets.
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