Wed.Mar 30, 2016

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Experimenting with change before it happens

HYPE Innovation

The value of experiments for innovation is a topic we’ve previously covered here on the blog, and for good reason: if done well, experiments can help avoid some costly new product, service, process, and even business model mistakes. We’ve also written extensively about change , because managing innovation is nothing more than managing transitions and transformation s of all parties involved: customers, suppliers, internal stakeholders and even competition.

Change 136
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There's very little luck in innovation

Jeffrey Phillips

My good friend Paul Hobcraft wrote a nice piece recently about how corporations seem to experience innovation. He compared it to the game of snakes and ladders. In this country (the US) we recognize it as chutes and ladders, a game that allows a player to progress quickly if they land on a ladder, and regress quickly if they land on a chute. Paul notes that corporate innovation seems to reflect this experience, sometimes rapidly progressing, then just as rapidly relapsing.

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Innovation in the Boardroom

HYPE Innovation

How much focus should innovation efforts and capabilities have in the boardroom? I have been thinking about this after two recent interactions. First, I stumbled over this short intro in a press-release. “Three quarters (74%) of employees say their company does not have a strategy, process, and tools in place to encourage the sharing of ideas. As a result, one third of suggestions which could improve business ROI never even make it to the boardroom.”.

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Charting Change Off to a Strong Start

Braden Kelley

I’m super excited to announce that my new Charting Change is off to a strong start. People around the world have sent me pictures of the book after they received it via Twitter (@innovate). Keep them coming!

Change 106
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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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Crowdsourcing needs dedicated focus to yield great results

HYPE Innovation

The goal is to move the crowd towards a new direction in our collective thinking to solve a problem. Whatever you call crowdsourcing and there are many suggestions, the fact is that many communities are coming together, happening on-line, forming around challenges, ideas, projects, non-profits, people and important social and business issues. They are truly organic, feeding off all the contributions.

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Why Your Brilliant Content Strategy Doesn’t Stand A Chance

Digital Tonto

Great publishing is not about ideas, but about creating a process in which ideas can be honed and flourish. If you can do that, strategy really doesn’t matter. And if you can’t, it won’t matter. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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Strategic Thinking – 4 Strategies for Successful Remote Collaboration

BrainZooming

In its “Inside the Executive Suite” newsletter, Armada Corporate Intelligence featured a recap and expansion on a Wall Street Journal article called “Win Over a Remote Boss.” The prevalence of remote collaboration (and the new strategic thinking and other challenges those situations can create) prompted sharing the “Inside the Executive Suite” story here in an edited format.

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50+ Business Cases on Innovation & Entrepreneurship

Open Innovation EU

During a course we developed at Avans University this winter, we asked students to gather relevant business cases on innovation and entrepreneurship in order to analyse them and prepare discussions around organization design. The course was based on the following model: The following list is a selection of the business cases they found, mostly based on the Lean Startup, Lean Enterprise, Corporate Entrepreneurship and agile/Scrum – all available freely and online for use at your disposal, s

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The Intrapreneur’s Guide to Navigating Bureaucracy and Politics

Moves the Needle

Few things halt innovation faster than bureaucracy and politics within the enterprise. Teams get excited about an idea, but can’t get it funded. Endless approvals and tollgates are needed before a project is supported by senior leaders. Managers preach the importance of innovation, but don’t protect employee’s time to work on new ideas. . As discouraging as this red tape can be for intrapreneurs within a large organization, there is a silver lining—every company deals with politics to some degr

Project 60
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The Future of Innovation in Media and Entertainment

Innovation Excellence

The global entertainment industry takes many forms but whether its aim is to delight, distract, inform or terrify there’s always a back story, a location and a cast and its value chain will always be heavily reliant on Curation, Distribution and Consumption Continue reading →

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How Automation is Driving Efficiency Through the Last Mile of Reporting

Speaker: Jamie Eagan

As organizations strive for agility and efficiency, it's imperative for finance leaders to embrace innovative technologies and redefine traditional processes. Join us as we explore the pivotal role of digitalization and automation in reshaping what is commonly referred to as the “last mile of reporting”. We’ll deep-dive into why digitalization is no longer a choice, but a necessity for finance departments to stay competitive in a fast-paced environment touching on: 2024 trends for the Office of

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Technology Is Disrupting Crime – Are You Ready?

Daniel Burrus

Crime rates have been recorded for as long as most of us can remember and will typically conjure up thoughts of homicide, burglary, and robbery. However, maybe these crime reports are a little misleading in this digital age where theft for example, is often more likely to occur online than affect you in a more physical sense. Last year England and Wales made the forward-thinking move of including cyber crime into their crime figures.

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Disrupt, Destruct, Digital – The Way of Future Life?

Innovation Excellence

Are we always being extorted to disrupt our enterprises before someone else does? The constant threat of both those ‘known to us’ and those ‘unknown competitors’ who can simply raise money based on a disruptive concept, provide a different business model and, then attack tomorrow, leaves us with not a comfortable feeling does it?

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If you don’t know the critical path, hire a good project manager.

Mike Shipulski

Once you have a project to work on, it’s always a challenge to choose the first task. And once finished with the first task, the next hardest thing is to figure out the next next task. Two words to live by: Critical Path. By definition, the next task to work on is the next task on the critical path. How do you tell if the task is on the critical path?

Project 40
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The Future of Work in a Project Based, Consultant Driven world

Rmukesh Gupta

This post assumes that the future towards which we are moving is a future where most work will be in the form of projects with the use of independent workers with specialised skills will continue to rise and my prediction is that soon, there will come a time when organisations will have a lot more external consultants working for them than their full time employees.

Project 40
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How Retailers Are Transforming Customer Experiences with Data & AI

Speaker: David Azoulay, Marc Stracuzza, Román Tejada, and Guest Speaker Sucharita Kodali

Imagine a retail landscape where every interaction is personalized, every decision informed, and every opportunity maximized 🤔✨ Join us for an exploratory journey into the heart of AI-driven retail innovation. We’ll unveil the transformative potential of AI and data analytics in shaping the future of omnichannel personalization and e-commerce.

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Why Activists Succeed – and Will Change Yahoo

Adam Hartung

Starboard Value last week sent a letter to Yahoo’s Board of Directors announcing its intention to ask shareholders to replace the entire Board. That is why Starboard is called an “activist” fund. It is not shy about seeking action at the Board level to change the direction of a company – by changing the CEO, seeking downsizings and reogranizations, changing dividend policy, seeking share buybacks, recommending asset sales, or changing other resource allocations.

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How Telefónica Uses Lean Startup without Risking Reputation

Innovation Leader

The Spanish telecom company has been embracing the lean startup practices.

LEAN 40
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Want to Upgrade Your Company's Brainstorming Sessions?

Idea Champions

"We found Idea Champions in a desparate search for brainstorm facilitation training and haven't looked back. During the past few months, they've helped us harness our naturally innovative spirit and significantly improved the way we execute our ideation process. We now have the tools and process we need to dig deeper into our creativity -- adding a lot more value and power to our company culture.". -- Jody Johnson, Chief People Officer, M Booth & Associates.

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Netflix: Geography, Age, Gender Not Good Predictors

Michael Roberto

David Morris wrote an article this week for Fortune titled, "Netflix: Geography, Age, and Gender are 'Garbage' for Predicting Taste." Morris writes, "'Geography, age, and gender? We put that in the garbage heap,' VP of product Todd Yellin said. Instead, viewers are grouped into “clusters” almost exclusively by common taste, and their Netflix homepages highlight the relatively small slice of content that matches their taste profile.

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Implementing Intelligent Document Processing Solutions: Why It Works

See how companies like yours are tackling some of today’s most common business problems using AI-assisted automation for document processing. Manually capturing, extracting, and processing data within documents is a costly and outdated practice that’s holding your company back. IDP takes document processing to a whole new level so you can understand and use your data more effectively than ever before.