Mon.Feb 22, 2016

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Ernst & Young On Measuring Open Innovation

HYPE Innovation

Consider for a moment the following three statements: Innovation results from lucky accidents; The more open the innovation process, the less disciplined; Innovation can’t be measured. What do they have in common? If you’re inclined to say: “They’re all truisms!” (= Truths too obvious to mention) I’d pat you on the back and kindly invite you to join us at the next HYPE Innovation Managers Forum in Bonn for two days of enlightening conversations about innovation practice.

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Interview with Pascal Cools from the Flanders District of Creativity

Idea to Value

What does it take to encourage creativity and innovation across an entire region? I sat down with Pascal Cools, from the Flanders District of Creativity, which the Belgian government set up to promote innovation and creativity within businesses of the region. Essentially, it was designed to help companies think of innovation in a different way. You could say it was to help them “innovate their innovation” Their philosophy is that innovation should be a combination of insights coming

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Strategic Thinking Exercise – An Alternative Vision Statement Approach

BrainZooming

During in-person and online strategic planning workshops , we regularly use a strategic thinking exercise that helps leadership groups quickly identify a shared future vision statement. Participants assess where they think the organization currently is and where they want it to be in the future on multiple “strategic dimensions.” The strategic dimensions relate to significant aspirations, big goals, major strategic decisions, and other factors defining the organization.

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Innovation Sighting: Coca Cola's Green Billboard

Innovation in Practice

. The Task Unification Technique is great because it generates novel ideas that tend to be novel and resourceful. It's one of five techniques in the SIT Innovation Method. Task Unification is defined as: assigning an additional task to an existing resource. That resource should be in the immediate vicinity of the problem, or what we call The Closed World.

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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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Calling All Engineers: Beyond Form, Fit and Function for Formulated Products

Innovation Excellence

Like most engineers, I learned about rules of interchangeability back in school. These rules help companies decide whether a product change should require a new item number or simply a revision of the same item number. The standard “form, fit and function” (F/F/F) definition has served the needs of discrete manufacturers well for a long time. But what about formulated products?

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5 Lessons in Storytelling

100%Open

For the third year in a row, my colleague Roland and I attended The Story 2016 last Friday. The first talk by Musa Okwonga was about ‘Writing with an Open Wound’. He talked about Nelson Mandela’s death and his rage felt by ‘watching history being re-written’. During a week where I was feeling self-conscious about an emotional Twitter rant I had about the subjects of homelessness, the disadvantaged and mentally ill in my hometown of San Francisco Musa’s talk struck a particular chord.

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Operationally-Focused Innovation at ExxonMobil

Innovation Leader

The innovation team at ExxonMobil provides a look at their Grassroots Innovation Forum, focused on sourcing and testing operational innovations.

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Ready for 3D Printed Rocketry?

The Human Factor

If think you’re doing a pretty good job adjusting to today’s light-speed rate of change, take a deep breath, because in the words of Bachman Turner Overdrive, b-b-b-baby you ain’t seen nothing yet! Ever heard of a company called Planetary Resources? Its long-term vision involves landing robots on asteroids and planets to mine them for raw materials.

Data 28
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Can You Have Too Much Grit?

Michael Roberto

Amy Morin writes in Forbes this week about an interesting new study about grit. The study, is titled "When the going gets tough: Grit predicts costly perseverance." The authors are Gale Lucas, Jonathan Gratch, Lin Cheng, and Stacy Marsella. Note that a lengthy stream of research over the past decade or so has extolled the benefits of grit. What is grit?

Study 20
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Ready for 3D Printed Rocketry?

The Human Factor

If think you’re doing a pretty good job adjusting to today’s light-speed rate of change, take a deep breath, because in the words of Bachman Turner Overdrive, b-b-b-baby you ain’t seen nothing yet! Ever heard of a company called Planetary Resources? Its long-term vision involves landing robots on asteroids and planets to mine them for raw materials.

Data 28
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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.