Tue.Oct 10, 2023

article thumbnail

Lateral Thinking in Business Strategy

Destination Innovation

How can you differenitate your business from the competition? Let’s look at some examples of lateral thinking in business strategy and innovation. Nintendo Wii’s Motion Controls : What radical feature can we add? Nintendo introduced a major innovation with motion controls in the Wii gaming console, revolutionizing the gaming industry. This approach was creative and unexpected, setting Nintendo apart from its competitors Sony and Microsoft.

Strategy 169
article thumbnail

It’s Time to End the Battle Between Waterfall and Agile

Harvard Business Review

Too many project leaders think rigidly about Waterfall and Agile project management methodologies and believe that they need to choose between the two. But many projects — especially those with diverse stakeholder needs and complex structures — benefit from a hybrid approach that combines aspects of Waterfall and Agile. The rise of hybrid methods isn’t tied to a particular time or event; instead, they have evolved organically as a response to the needs of modern, complex projects.

Agile 143
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

An Innovation Rant: Just Because You Can Doesn’t Mean You Should

Innovation Excellence

GUEST POST from Robyn Bolton Why are people so concerned about, afraid of, or resistant to new things? Innovation, by its very nature, is good. It is something new that creates value. Naturally, the answer has nothing to do with innovation. It has everything to do with how we experience it.

article thumbnail

The Future of Mental Health at Work Is Safety, Community, and a Healthy Organizational Culture

Harvard Business Review

A new study exploring the ever-changing landscape of workers’ experiences and perspectives around mental health, stigma, and work has uncovered new insights about how workplace mental health has changed from before, during, and after the pandemic. The findings show that mental health isn’t improving in the U.S., but there are some new bright spots, too.

Culture 132
article thumbnail

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.

article thumbnail

What makes college ‘social capital machines’ for some, but not all, students

Christensen Institute

With college, the research suggests, comes connection. In recent years, multiple studies looking at economic mobility , friendship circles , and adults’ job, education, and housing networks , have revealed a consistent “connection premium” enjoyed by college grads. Most colleges aren’t shy about marketing themselves as hubs of connection. But if colleges care about equity and access, there’s a deeper question that college campuses should be asking about their students’ networks: Who is forming n

Analysis 115
article thumbnail

Why Your Organization Should Use Salary Benchmarking

Harvard Business Review

In a growing number of states and countries, employers are not allowed to ask job candidates’ salary history or even their salary expectations. That means employers must find new ways to determine appropriate compensation. A key solution lies in salary benchmarking — using aggregated market data to establish competitive pay rates. Recent research in collaboration with a leading U.S. payroll processing company revealed that access to robust benchmarking tools doubled the probability of firms sett

More Trending

article thumbnail

10 Reasons Why Inclusion Is a Competitive Advantage

Harvard Business Review

Researchers are identifying and quantifying the many effects of inclusion on firm performance — and the insights they’re generating are persuasive.

article thumbnail

Helping Novelis Achieve Sustainable Innovation | Sopheon

Sopheon

The best chefs will tell you that a great meal isn’t salty, but salt is absolutely critical to bringing out the flavor a dish already has. At Sopheon, we like to think of our customers as the main course and our innovation management software, Accolade, as the seasoning. The brands we partner with already come to the table with a track record for innovation, and we just help to do it at scale—innovative flavor enhancement, if you will.

Software 106
article thumbnail

These Co-Founders Who Bet Big on Foodies Raised $133 Million to Fund Their Innovative Idea — and It's Helping Restaurants Nationwide

Entrepreneur - Innovation

Vanessa and Joe Ariel envisioned a nationwide food delivery marketplace and co-founded Goldbelly in 2012. Read about the inspiration, journey and more, here.

article thumbnail

Set SMART Goals for Quality Improvement to See Real Results

Kainexus

We all identify goals to improve ourselves in some way. Whether our goal is to eat better, exercise more, spend more time with our family, or increase our productivity, we all have something we're striving for. However, in too many instances, we lose sight of our goals and fall back to old behaviors and the same results. Continuous improvement is no different.

article thumbnail

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.

article thumbnail

Scaling Two Businesses Against the Odds: Wendy Estrella’s Founder Journey

Harvard Business Review

Is there a downside to scaling two businesses together, rather than focusing on each one separately?

article thumbnail

Bimoso Consulting

Exoplatform

Based in Hamburg, Germany, bimoso Consulting GmbH is a consulting company specialized in the digitization of the German public sector. As a partner of eXo Platform, bimoso Consulting supported the Ministry of Social Affairs, Youth, and Family of Schleswig-Holstein in their evaluation and implementation of an internal digital knowledge management and communications platform within the ministry.

article thumbnail

Reflecting on What Matters After a Terminal Cancer Diagnosis

Harvard Business Review

A conversation with an expert communicator on how his outlook has changed.

Change 101
article thumbnail

Exploring ChatGPT and AI Impact on Supply Chain Management

Wellspring

Since ChatGPT’s release in late 2022, we’ve explored several use cases about the exciting technologies' potential impact on various industries. This article will explore the benefits and shortcomings of ChatGPT and other AIs in today's supply chain management. Customer satisfaction, overall production processes, and data analysis are only a few of the impacts that may benefit the supply chain globally.

ChatGPT 52
article thumbnail

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.

article thumbnail

Disruptive Innovation: How to Be the Change You Want

Carla Johnson

October 10, 2023 Disruptive innovation is your guiding star to coming up with new, great, and reliable ideas. Everyone is capable of being an original thinker. You just need to be in the right environment. Too often organizations underestimate the power of their people, leaving the potential of problem-solving abilities in the dust.