Tue.Jun 27, 2023

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What is Idea Management? Definition, Process and Best Practices

IdeaScale

What is Idea Management? Idea management is defined as the process of capturing, organizing, evaluating, and implementing ideas within an organization. It involves creating a structured system to gather ideas from employees, customers, or other stakeholders, and then systematically reviewing and selecting the most promising ideas for further development or implementation.

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Visualizing the Composable Innovation Enterprise Framework

Paul Hobcraft

After a series of posts introducing and explaining the thinking and design behind the Composable Innovation Enterprise Framework, I thought it would be a good idea to put this into a sequence of visuals that should take you through this to provide a decent understanding of its make-up and logic. Organizations in today’s business environment need to adapt rapidly and dynamically, have the need to bring the innovation management process into a constant technological advancement, and be more tailor

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What is Incremental Innovation? Definition, Examples, Process and Best Practices

IdeaScale

What is Incremental Innovation? Incremental innovation is defined as the continuous improvement and advancement of existing products, processes, or services within an organization. It involves making small, gradual changes or enhancements to existing offerings to enhance their performance, functionality, efficiency, or user experience. Unlike radical or disruptive innovation that introduces completely new and [.

Examples 130
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Marketing When Budgets Are Down

Harvard Business Review

The general rule of enterprise finance is that marketing budgets drop like a stone at the first sign of trouble and rise like a feather once the environment is more settled. In mid-2023 we’re far from a settled state — projected GDP growth in western markets is depressingly flat, inflation is proving to be rather stubborn, and those disruptions just keep on coming.

Marketing 101
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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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What is Product Ideation? Definition, Process and Best Practices

IdeaScale

What is Product Ideation? Product ideation is defined as the process of generating, developing, and refining new product ideas with the aim of addressing customer needs, solving problems, or offering unique value propositions. It involves activities such as brainstorming, market research, trend analysis, and user feedback collection to generate a wide range of [.

Ideation 130
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Can Team Teaching Break the Constraints of Conventional Schooling?

Christensen Institute

Key Points The practical constraints on teachers’ time present a significant obstacle to the wider adoption of team teaching. To make team teaching viable, we need innovations that can dissolve these practical constraints and facilitate efficient and sustainable collaboration within existing cost structures. Teacher burnout is a real and growing challenge for US K–12 schools.

More Trending

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Managing Anxiety When There’s No Room for Error

Harvard Business Review

When you work in roles where mistakes must be avoided at all costs — think medical, security, financial, and transportation professions — it’s easy to become terrified of making one. But there are ways to constructively reduce the risk of potential mistakes and reduce your anxiety. First, distinguish between critical and not-so-critical potential mistakes and focus on the former.

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What is Radical Innovation? Definition, Examples, Process and Best Practices

IdeaScale

What is Radical Innovation? Radical innovation is defined as a significant and transformative breakthrough in technology, business models, processes, or products that creates a substantial shift in industry or society. It involves introducing revolutionary ideas, concepts, or approaches that challenge existing norms, disrupt markets, and often result in groundbreaking advancements.

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Want to Innovate like Google?

Innovation Excellence

Be Careful What You Wish For GUEST POST from Robyn Bolton A few weeks ago, a Google researcher leaked an internal document asserting that Google (and open AI) will lose the AI “arms race” to Open Source AI.

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What is Ideation? Definition, Process, Importance and Strategy Best Practices

IdeaScale

What is Ideation? Ideation is defined as the process of generating, developing, and refining new ideas for a specific goal. It is a creative and brainstorming-driven approach to exploring potential solutions to problems, creating innovative products or services, or identifying new opportunities for business growth. Ideation involves free thinking, open-mindedness, and the exploration [.

Ideation 130
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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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Why Harnessing Resilience Leads to Successful Business Expansion

Entrepreneur - Innovation

Harness resilience and lead with passion and vision; your entrepreneurial journey can take you further than you ever imagined.

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What is Innovation Framework? Definition, Types, Process and Best Practices

IdeaScale

What is Innovation Framework? An innovation framework is defined as a structured approach or methodology that guides organizations in the systematic and intentional pursuit of innovation. It provides a systematic and repeatable process for fostering innovation by generating ideas, implementation and scaling these ideas to create real business solutions.

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Innovate to Live, Live to Innovate

PlanBox Innovation

This article originally appeared on Innovation Leader. Dear CEO, As the one steering the business, it’s your responsibility to maneuver around any unexpected obstacles. The road ahead will have twists, turns, bumps, and potholes. There will be instances when you won’t have a clear view of what’s around the bend. In other situations, harsh weather conditions may usher in a major storm that will severely limit your visibility.

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What is Business Innovation? Definition, Types, Examples and Strategy Best Practices

IdeaScale

What is Business Innovation? Business innovation is defined as the process of creating and implementing new ideas, methods, products, or services within an organization to improve its sales performance, competitiveness, and value creation of customers. It involves introducing new products/ services, adding new features or simply making improvements to existing processes, products, or [.

Examples 100
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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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Bridging the Gap: Strategic Planning for Enterprise Architects and Portfolio Managers

Planview

Strategic planning between enterprise architects and portfolio managers sounds simple enough. It’s just two groups coming together to make a plan, right? But the reality is more complicated. Strategic planning is a difficult process — even when there’s strong collaboration and open communication between groups. It’s even more challenging when the groups that need to work together are operating in silos.

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Why Entrepreneurs Don’t Need Venture Capital to Scale

Harvard Business Review

A conversation with ButcherBox CEO Mike Salguero on profitability from the get-go.

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Building an Innovation Culture | Sopheon

Sopheon

We ’ve talked a great deal recently about the importance of having an InnovationOps approach to drive innovation at scale. Such an approach seamlessly connects people, processes and the innovation jobs they do, making innovation predictable and repeatable. The result is an environment promoting better communication and connectivity — critical foundations for enabling innovation at scale.

Culture 52
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How will ChatGPT (AI) Impact the Agriculture Industry

Wellspring

We previously explored how ChatGPT will drive innovation, now we’re taking a closer look at the agricultural industry to see how this platform will impact agriculture in the years to come. This article explores the six methods that will increase yields and decrease cost and time for the growing industry, in conjunction with ChatGPT’s agriculture-related shortcomings.

ChatGPT 52
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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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Shifting innovation from a vague buzzword to a mechanism of progress

Christensen Institute

Today’s guest blog post comes from Todd Dunn, Vice President of Innovation at Advocate Health. Below, Todd shares his three-step process, grounded in Christensen’s theories, on how to shift innovation from a vague buzzword to a clear way to make progress. In Improve or Transform , our “how-to” guide for health care executives seeking to effectively change their business models, we help leaders identify the business model that is right for them.

Design 52
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My Kids Got Me the Best Father's Day Present Ever. Here's How.

Entrepreneur - Innovation

The Manly Man Co provides gifts that stands out from the rest.

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How Ecodesign Can Help the Environment and Your Bottom Line - SPONSOR CONTENT FROM SIEMENS

Harvard Business Review

Sponsor content from Siemens.

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Does Your Company Have an India Strategy?

Harvard Business Review

Multinationals that don’t have a plan for building subsidiaries in the country risk missing out on one of the most promising market opportunities in the world today.

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How Mature Companies Are Scaling Transformational New Businesses

Scaling transformational innovations in large companies is challenging due to ‘Company Fit’ issues, which arise when the resources, processes, and priorities (RPPs) of the core business are not aligned with the needs of the new business. Many companies have learned how ambidexterity—the ability to both ‘exploit the present and explore the future,’ can help them address these issues for ideation and incubation of new innovations, but scaling transformative business innovations remains a challenge