Wed.Nov 15, 2023

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We could all benefit from more failures

Idea to Value

People are afraid of failure. In fact, people tend to avoid failing publicly wherever possible, especially in the workplace. This can result in people and projects trying to hide failure , or avoid trying things which challenge them at all so that they are less likely to fail. There are deep-rooted evolutionary reasons why we feel losses and negative experiences more strongly than successes, so we try and avoid the losses even if it means not experiencing potential successes as well.

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Four Ways to Refine Your Innovation Process

IdeaScale

Just like innovation itself, an innovation program is constantly being shaped by the environment around it over time. A good innovation program absorbs new information and ideas constantly. So how do you refine it? 1. Look For Feedback Your innovation process will likely touch an enormous range of stakeholders, from internal departments to your biggest [.

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What CEOs Need to Know About the Costs of Adopting GenAI

Harvard Business Review

CEOs must not overlook the intricacies of genAI costs. CEOs must integrate the multifaceted costs into their strategic vision, acknowledging nuances such as inference cost, fine-tuning cost, prompt engineering cost, cloud expenses, talent costs, and operation costs. Additionally, CEOs need to be vigilant about often overlooked expenses, including infrastructure overhaul, data security, and ethical considerations.

Data 131
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Strategic Issue Diagnosis

IdeaScale

You think things are changing fast? You ain’t seen nothin’ yet. We’re just at the start of changes in technology, global competition, and geo-demographic transformations. Futurists tell us that the rate of technological change is accelerating, along with related changes in society, culture, and geopolitics, which means that all sorts of new challenges and opportunities [.

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Turn Payments Into Personalization: Unlock the Value of Transaction Data

Speaker: Loreal Lynch, Everett Zufelt, and Michaela Weber

Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer. 🧐 💡 Getting checkout right can mark the difference between a successful sale and an abandoned cart, yet many businesses fail to make payments a part of their commerce strategy even when it has a direct impact on revenue.

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Your Company Will Need Remote Work as Extreme Weather Gets Worse

Harvard Business Review

Remote-work-readiness is an important form of flexibility that companies need to consider. The Covid-19 pandemic made this clear, but research shows that it is true of other forms of unexpected disruptions, too. Extreme weather events are harder on companies that aren’t able or prepared to work from home. As those events become more frequent, the ability to work remotely will become more important.

Company 109
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Zhang Ruimin: A Lifetime Of Maximizing Human Value

Bill Fischer

Haier's Zhang Ruimin has not only pioneered a new way of thinking about how large, complex organizations might work, but he actually navigated such change, and it worked!

Change 104

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Framing Your 2024 Strategy

Innovation Excellence

GUEST POST from Geoffrey A. Moore Fall is in the air, which brings to mind the season’s favorite sport—no, not football, strategic planning! Let’s face it, 2023 has been a tough year for most of us, with few annual plans surviving first contact with an economy that was not so much sluggish as simply hesitant.

Strategy 100
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How Paternity Leave Helps Dads’ Brains Adapt to Parenting

Harvard Business Review

Parenting is not as “instinctual” as previously believed. While decades of research have focused on the maternal brain, revealing fascinating changes that train the brain for the demands of keeping a small human alive, new research on the paternal brain shows similar changes. And these changes happen even though fathers do not have the physical experiences of pregnancy, birth, and the related hormone shifts.

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3 Leadership Traits That Make You Easy to Follow

Entrepreneur - Innovation

Leadership is no longer about leading from the front; it's rather about how can you bring people along with you. And these three traits will help you get there.

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Breaking the Mold: Rethinking Customer Needs in the Age of Anticipatory Thinking

Daniel Burrus

To create the next great product or service, it has been standard practice to ask the customer questions like: “What do you want ? What do you need ? What will make your life easier ?” These simple inquiries should lead to a simple answer. It is then our responsibility as businesses and organizations to respond with products, services, or processes that meet customers’ needs while increasing our margins and market share.

Meeting 96
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Manufacturing Sustainability Surge: Your Guide to Data-Driven Energy Optimization & Decarbonization

Speaker: Kevin Kai Wong, President of Emergent Energy Solutions

In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets.

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Thanksgiving Sale on Charting Change

Innovation Excellence

Wow! Exciting news! My publisher is having a Thanksgiving sale that will allow you to get the hardcover or the digital version (eBook) of my latest best-selling book Charting Change for 55% off! Including FREE SHIPPING WORLDWIDE!

Change 91
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The Power of Selfless Leadership

Harvard Business Review

If you’re trying to become a more self-aware leader, this episode is for you.

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To foster young talent, employers need to share their social capital

Christensen Institute

In July 2023, our team published “ People-powered pathways: Lessons in how to build students’ social capital through career-connected learning.” In the report, we describe successes and challenges in bringing social capital–building strategies to a variety of educational settings. Our observations draw from an 18-month pilot during which we leveraged our social capital playbook to provide direct support to a group of three intermediary organizations—Education Strategy Group, Generation Schools N

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The Risks of Rebranding

Harvard Business Review

Brands are constantly changing to “stay fresh,” but that’s often a mistake.

Change 85
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Peak Performance: Continuous Testing & Evaluation of LLM-Based Applications

Speaker: Aarushi Kansal, AI Leader & Author and Tony Karrer, Founder & CTO at Aggregage

Software leaders who are building applications based on Large Language Models (LLMs) often find it a challenge to achieve reliability. It’s no surprise given the non-deterministic nature of LLMs. To effectively create reliable LLM-based (often with RAG) applications, extensive testing and evaluation processes are crucial. This often ends up involving meticulous adjustments to prompts.

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5 Reasons to Consider Migrating Your Data Estate to Microsoft Fabric

Acuvate

It’s 2023. AI is a reality reshaping business as we know it. Specifically, recent advancements in Generative Pre-trained Transformer (GPT) and Large Language Models (LLMs) have led to an explosion in interest and adoption of AI. A recent global survey by McKinsey saw 79% of all respondents say they have exposure to generative AI in some capacity. 22% confirmed that they regularly use it in their work.

Data 59
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Is Entrepreneurship Right for Me?

Harvard Business Review

What to consider before you walk away from a corporate career.

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Azeem’s Picks: Creating AI Responsibly with Joanna Bryson

Harvard Business Review

What does it mean to design and implement AI responsibly?

Design 73