Fri.Nov 03, 2023

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Analysis and Advantages of Ansoff Matrix

IdeaScale

In today's fast-paced and dynamic business environment, companies constantly seek ways to expand and grow. One of the foundational tools for strategic planning and growth is the Ansoff Matrix. Developed by Igor Ansoff in 1957, this matrix provides a framework for businesses to analyze and plan their growth strategies. It's a timeless tool that [.

Analysis 130
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Why Big Projects Fail — and How to Give Yours a Better Chance of Success

Harvard Business Review

There are five reasons that large projects fail. Wrong projects are ones that defy conventional business rationale, creating outputs that either few people want, that add little to no real value, or that undershoot the desired benefits because they are so difficult to achieve. A second reason is unreasonable constraints — when the effort doesn’t have adequate funding, people, time, or other key inputs.

Project 128
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What is a Lean Business Model Canvas? Definition and Its Benefits

IdeaScale

What is a Lean Business Model Canvas? The Lean Business Model Canvas is defined as a visual tool and framework that helps entrepreneurs and business professionals plan and communicate their business ideas, strategies, and models in a concise and structured format. It is derived from the traditional Business Model Canvas, which was popularized by [.

LEAN 130
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How to Strengthen Your Curiosity Muscle

Harvard Business Review

Building our curiosity muscle is essential because it will aid in the efficiency of leadership, enables continual learning, and because it’s a sought after skill by employers. Like any muscle, to strengthen it, you must activate and exercise it. You can strengthen your curiosity muscle by ditching excuses, finding the right angle, changing up your routine, experimenting, and shifting your focus once you become uninterested.

How To 128
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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 Lean UX Canvas? Definition and Its Benefits

IdeaScale

What is Lean UX Canvas? The Lean UX Canvas is defined as a visual framework and tool used in the field of user experience (UX) design to help teams and organizations adopt a more user-centric and agile approach to product development. It is derived from Lean UX principles and aims to streamline the UX [.

LEAN 130
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4 Fundamental Ways to Boost Employee Engagement

Harvard Business Review

With the rise of hybrid and remote work, there’s a real danger — unless companies think deeply about what kind of a culture they’re developing — that workers may come to feel like “just another face on the zoom screen.” Employees need to know that their leaders value them and their unique perspective. If employees feel that their ideas and suggestions don’t matter, it’s very hard for them to feel engaged.

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3 Ways to Build an Organizational Culture That Supports Mental Health

Harvard Business Review

The cultural shift toward greater mental health awareness has helped bring needed attention to psychological suffering, improve access to mental health resources, and reduce stigma. However, it may also be increasing the pathologization of ordinary life, leading people to think of themselves as mentally fragile and unwell. This creates a challenge for employers.

Culture 120
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What is a Digital Customer Journey Map? Definition, Importance, Steps and Tools

IdeaScale

Table of Content In today's digitally driven world, businesses are constantly searching for ways to enhance the customer experience and build long-lasting relationships with their clientele. To achieve this, companies are turning to a powerful tool known as the Digital Customer Journey Map. This innovative approach allows organizations to gain a [.

Tools 130
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The Skills Your Employees Need to Work Effectively with AI

Harvard Business Review

Leaders understand that the future will involve humans working with AI and feel immense pressure to “do something” to implement AI solutions. But how do they actually integrate AI with their workforce to achieve good business outcomes? Interviews with company leaders and CEOs shed light on a counterintuitive answer: invest more in two important human skills.

Report 111
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A Comprehensive Guide to PESTEL and SWOT Analysis

IdeaScale

In the dynamic landscape of business and strategic decision-making, it's crucial to have powerful tools at your disposal to understand your environment and plan for the future. Two such tools that have proven invaluable are PESTEL and SWOT analysis. These techniques provide a structured framework to assess and analyze the internal and external factors [.

Analysis 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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25 Secrets to Growing Leaders

Innovation Excellence

GUEST POST from Mike Shipulski 1. If you want to grow leaders, meet with them daily. 2. If you want to grow leaders, demand that they disagree with you. 3. If you want to grow leaders, help them with all facets of their lives. 4.

Meeting 98
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Understanding the Customer Relationship and Customer Segments in the Business Model Canvas

IdeaScale

Table of Content In modern business, building and maintaining strong customer relationships is paramount to success. The concept of a Business Model Canvas (BMC) has become a valuable tool for entrepreneurs and businesses alike to visualize and design their business strategies. The Business Model Canvas (BMC), introduced by Alexander Osterwalder and [.

Tools 130
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Design Thinking needs a Human Touch in a World of Technology and AI generative thinking

Ecosystems4Innovating

Design Thinking is seen as the essential element that will combine with technology and AI in the future yet it is still the need for the human touch will still be essential. As we form more around ecosystem thinking and design, design thinking will be essential as the significant enabler to creative input. There is a fascinating change by embracing Design Thinking principles differently in the future of innovation; organizations can foster a more profound culture of creativity, empathy, collabor

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What is Sequence Diagram? Definition and Sequence Diagrams in UML

IdeaScale

Table of Content What is Sequence Diagram? A sequence diagram is defined as a type of UML (Unified Modeling Language) diagram used in software engineering and systems design to visualize the interactions and communication between various components or objects within a system. Sequence diagrams are particularly useful for depicting the dynamic [.

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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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Continuous Improvement vs Process Improvement: Spelling Out the Important Differences

Kainexus

In today's fiercely competitive business landscape, success hinges on the relentless pursuit of improvement. Within this demanding landscape, the efficient management of business processes becomes paramount. That's where cutting-edge process management software comes into play. Continuous and process improvement are twin pillars of organizational growth , underpinning the essence of business evolution.

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What is Activity Diagram? Definition, Examples and Activity Diagram in UML

IdeaScale

Table of Content What is Activity Diagram? An activity diagram is defined as a type of UML (Unified Modeling Language) diagram used in software engineering and other fields to visualize the flow of activities, actions, and processes within a system, a business process, or any other workflow. It is primarily used [.

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Masters of Marketing 2023: Key Insights from Top Marketing Executives

Brunner

At this year’s ANA Masters of Marketing Conference, more than 2,000 marketing professionals applauded impressive success stories and oohed over the inspiring work shared during the gathering Oct. 24-27 in Orlando. Then they got something extra. As each speaker concluded their presentation, Bob Liodice, ANA president and CEO, asked the same question: What was one insight marketing professionals should take back to their workplace?

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How to Create a Vision Board Online? Vision Board Purpose and Goals

IdeaScale

A vision board is a powerful tool for manifesting your dreams and goals. It's a visual representation of your aspirations, serving as a constant reminder of what you want to achieve in life. While traditional vision boards involve cutting out images and words from magazines and pasting them on a physical board, the digital [.

How To 130
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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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The AI-Forward Blueprint: Charting a Course from Tactical to Transformative - SPONSOR CONTENT FROM UNISYS

Harvard Business Review

Sponsor content from Unisys.

Course 105
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Design Thinking Framework: 7 Methodology

IdeaScale

Design thinking is a methodology for problem-solving and innovation that is characterized by its human-centered, iterative, and collaborative approach. It encourages the creative exploration of ideas and the development of innovative solutions. While there can be variations in how design thinking is applied, the methodology generally follows these key principles and stages: 7 Design Thinking [.

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Creating a Story Map Template and Unlocking Creativity with Story Map Examples

IdeaScale

Creating a Story Map Template Story maps are invaluable tools for visualizing and organizing narratives, whether you're working on a novel, screenplay, marketing strategy, or any other creative endeavor. Having a well-structured story map template can streamline the process and enhance your storytelling capabilities. In this article, we'll guide you through creating a versatile [.

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Empathy Map Ideas and Exercise

IdeaScale

Empathy is a fundamental aspect of human interaction and communication. It allows us to understand the thoughts, feelings, and needs of others, fostering connection, collaboration, and mutual understanding. One effective tool to cultivate empathy is the empathy map, a visual representation of what a person thinks feels, says, and does in a particular situation. [.

Exercises 130
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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

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Creative Ideas for Mind Maps and Design Methods

IdeaScale

In a world inundated with information and ideas, finding effective ways to organize our thoughts, solve problems, and enhance our creativity is invaluable. Mind maps, a versatile and visually engaging tool, offer a solution that can help individuals of all ages and professions achieve these goals. In this blog, we'll explore the concept of [.

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Navigating Success with Business Roadmap Examples

IdeaScale

In the world of business, success often hinges on the ability to set clear objectives, plan strategically, and execute with precision. A well-crafted business roadmap is an invaluable tool that helps organizations chart their course toward growth and prosperity. In this blog, we'll explore various business roadmap examples to shed light on how different companies [.

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