Idea to Value
JULY 14, 2023
Just how likely are you to succeed? And how unlikely is it that something bad happens to you, just because it happened to someone else? Surprisingly, most people appear to think that in the future, it is more likely that good things will happen to them, and less likely that bad things would happen to them. This is a cognitive bias known as the optimism bias.
IdeaScale
JULY 14, 2023
What is Strategic Innovation? Strategic innovation is defined as the deliberate and systematic approach of developing and implementing new ideas, products, services, or processes that drive significant organizational growth, competitive advantage, and long-term success. It involves aligning innovation efforts with the overall strategic goals and vision of an organization.
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Harvard Business Review
JULY 14, 2023
Employees everywhere are suffering from chronic low engagement and productivity levels, while stress and burnout continue to rise. Add to this the pressures of economic uncertainty and a potential recession, the threat of artificial intelligence automating jobs and skills and disrupting entire industries, and the sense of languishing and loneliness that increasingly permeate the work experiences of many, and the overall picture is rather bleak.
IdeaScale
JULY 14, 2023
What is Process Innovation? Process innovation is defined as the process of development and implementation of new or improved processes, methods, or systems within an organization to enhance efficiency, effectiveness, and value creation. It involves making changes to how work is performed, the sequence of activities, the utilization of resources, and the overall [.
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.
Harvard Business Review
JULY 14, 2023
Artificial intelligence is a kind of catalyst; it’s the next wave of truly transformative technology with potential we cannot yet fully envision or appreciate. Companies will start by using this new technology to do “old things” before discovering the new opportunities it creates. So, how should they go about this process? They should: start by experimenting, deploy for productivity, transform experiences, and then try to build new things.
IdeaScale
JULY 14, 2023
What is Open Innovation? Open innovation is defined as an approach that emphasizes the collaborative and external sourcing of ideas, technologies, and expertise to accelerate innovation within an organization. It recognizes that innovation can originate from both internal and external sources and seeks to leverage the collective intelligence of a broader network of [.
Business Innovation Brief brings together the best content for business innovation and strategy professionals from the widest variety of industry thought leaders.
IdeaScale
JULY 14, 2023
What is a Culture of Innovation? A culture of innovation is defined as the collective mindset, values, beliefs, and practices within an organization that foster and support innovation. It is an environment where creativity, experimentation, and the pursuit of new ideas are encouraged and embraced. In a culture of innovation, individuals are empowered [.
Harvard Business Review
JULY 14, 2023
Pentagon procurement procedures have long complicated commercial software companies’ entrance into the defense market difficult, but the authors’ experience working with both tech startups and the defense industry leads them to believe that now is a good time for companies to enter the market. They recommend starting by using commercial success to prompt small, one-time defense contracts, partnering with existing defense channels, and building a dedicated sales team.
Kainexus
JULY 14, 2023
Business process improvement (BPI) is the systematic approach of analyzing, optimizing, and enhancing existing business processes to achieve better efficiency, effectiveness, and overall performance. It involves identifying areas for improvement, implementing changes, and monitoring the outcomes to drive positive results within an organization. The goal of business process management is to streamline workflows, eliminate inefficiencies, reduce costs, enhance quality, and improve customer satisfa
ITONICS
JULY 14, 2023
The task of understanding trends, predicting future scenarios, and aligning your business strategy with these predictions demands keen foresight and strategic prowess. This is where AI tools like ChatGPT can become invaluable, providing insightful prompts to fuel strategic decision-making and enhance anticipatory thinking. But how can you effectively use ChatGPT to generate insights and predict future trends?
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.
Michael Roberto
JULY 14, 2023
Source: NBC News In an interview with CNBC yesterday , Disney CEO Bob Iger acknowledged that Disney may divest its struggling legacy TV businesses. It may also seek a "strategic partner" for ESPN. Reporting for CNBC, Lillian Rizzo and Alex Sherman wrote: Disney is going to be “expansive” in its thinking about the traditional TV business, leaving the door open to a possible sale of the networks.
ITONICS
JULY 14, 2023
This article presents the three biggest pain points in effective innovation portfolio management, as cited by industry leaders among our client base, as well as approaches on how they’re addressing them.
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