Tue.Aug 22, 2023

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The Role of Top-down Management in Enterprise Innovation

HYPE Innovation

Running a successful enterprise innovation management program can be a challenging mission. Multiple factors have to be considered, each of which affects potential outcomes. One key aspect is the level of support that an innovation program receives from an organization’s management. Connecting the needs of top-down management with the strategy and architecture of an innovation program will always lead to greater levels of success.

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Innovation is essential to unlock all parts of the energy transition.

Paul Hobcraft

Innovation has the power to unlock the Energy Transition, Innovation thinking and design are needed everywhere within the energy system. Technological and systemic innovation is incredibly important to the end-user sectors of transport, industry, and buildings, as well as replacing and upgrading much of the overall system design and operation of delivering energy to power our economies.

Design 130
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How Companies Should Prepare for Repeated Debt-Ceiling Standoffs

Harvard Business Review

Since a major realignment of the U.S.’s two-party political system is unlikely, we can expect partisan conflict and the subsequent debt-ceiling standoffs to continue for the foreseeable future. Corporate managers must not regard debt-ceiling crises as just political gimmicks, as they repeatedly and predictably affect firm profitability, growth prospects, and uncertainty.

Company 92
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Leaders Avoid Doing This One Thing

Innovation Excellence

GUEST POST from Robyn Bolton Being a leader isn’t easy. You must BE accountable, compassionate, confident, curious, empathetic, focused, service-driven, and many other things. You must DO many things, including build relationships, communicate clearly, constantly learn, create accountability, develop people, inspire hope and trust, provide stability, and think critically.

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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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New Technology Is Overwhelming Sales Teams

Harvard Business Review

Technology has long been used to boost seller productivity, but sales leaders are telling us that efficiency gains have become slower and more expensive. This is because technology intended to help sell frequently makes the salesperson’s job more cumbersome. Sales organizations’ tendency to run most tasks through the sales rep requires an increasing number of complex systems to support.

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In Memory of Chris Burnham

Kainexus

This blog post is written in remembrance of Chris Burnham. In honor of Chris, donations can be made to St. Jude Children's Research Hospital.

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How AI is Improving Early Warning Systems in Project Management

Planview

Project management is akin to navigating a ship in choppy waters. Whether you’re plotting the course for your product development or managing a portfolio of initiatives , you’re bound to face the daunting challenges of accurately predicting project milestones and costs and steering projects toward valuable, cost-effective conclusions. Applying machine learning to project management challenges can pave the way for smarter, more efficient, lower-risk projects and higher-quality product

Project 52
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The Uncertainty of Support Functions

Moves the Needle

Will support function departments (HR, legal, finance etc) be replaced by AI? Instead of looking to replace these roles, leaders should be looking to evolve them. Technology has always automated tasks no matter the color of your collar. AI is merely the newest, and perhaps the scariest, because we don’t understand its boundaries. HR teams, for example, don’t (or shouldn’t be) manually scanning through hundreds of resumes anymore to find a new candidate thanks to tech.

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How Corporate Venture Builders Succeed (and Why They Even Care)

Innov8rs

Innov8rs | Eight in ten surveyed CEOs report new-business building as a top five priority despite recent heightened economic volatility. That makes sense, as every dollar of revenue from new businesses generates almost twice the enterprise value versus every dollar of core business revenues. Still, organizations will need to more than double their rate of business building to achieve leaders’ expectations that 29 percent of revenue in 2027 will come from new businesses.

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Tip 1: Not Survival of the Fittest – Survival of the Adaptable

Stephen Shapiro

We are about 40 days away from the relaunch of Best Practices Are Stupid: 40 Ways to Out-Innovate the Competition. Therefore, each day leading up to its publication, I will share highlights from one of the tips. So let’s start at the beginning. Tip 1: Not Survival of the Fittest – Survival of the Adaptable The key to surviving and thriving is nimbleness.

Tips 52
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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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The Four T’s of Empowerment

Rmukesh Gupta

I recently read about Mike Shipulski’s post with a similar title (The Three T’s of Empowerment) made me think about empowerment in general. You can read his post here. In the post, the three T’s that he talks about is Time, Training and Tools. Time for our people to learn the tools and provide the necessary training so that they can really feel empowered and deliver on our expectations.

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How One Ukrainian Company Cultivated Resiliency Amid War

Harvard Business Review

A conversation with a Ukrainian startup founder on managing through a crisis.

Company 81
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Innovation Tours: Find Solutions Wherever You Go

Yet2

Opportunity is to be found worldwide and with yet2’s innovation tours, an ordinary business trip can become the beginning of the next big innovation. Our tours are a chance for our clients to see prospects in their target area without the stress of scouting, selecting, and scheduling. We’ve had tours worldwide including San Francisco, Israel, and Singapore.

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What the Jobs to Be Done Theory teaches us about Nigeria’s generator market

Christensen Institute

Today’s guest blog post was contributed by Oladimeji Shotunde, Global Prosperity intern. For the average store-owners in Nigeria, maintaining supplier relationships, fulfilling customer orders, and managing inventory are just a tip of the iceberg of what they must do to run their businesses. Dealing with Nigeria’s severe lack of electricity is an additional burden.

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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.