July, 2023

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53 Questions Developers Should Ask Innovators

TechEmpower Innovation

At TechEmpower, we frequently talk to startup founders, CEOs, product leaders, and other innovators about their next big tech initiative. It’s part of our job to ask questions about their plans, challenge their assumptions, and suggest paths to success. The conversations are interesting and varied because they’re about new, exciting, different things.

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Building an Effective Innovation Team: Key Roles and Responsibilities

HYPE Innovation

At HYPE Innovation , our consultancy team devotes their time to working with clients, sharing best practices, and helping to implement effective and sustainable strategies for innovation management programs. Our involvement includes training, conducting innovation program “health checks,” and developing innovation communities. Above all, we tailor our approach to each organization we work with.

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The Building Blocks of the Innovation Ecosystem Narrative

Paul Hobcraft

There needs to be a fundamental shift in how we manage innovation, which needs the power of ecosystem thinking and design. Not only in thinking and design but in how we structure its architecture, one based on platforms, open apps, and a marketplace where like-minded people and organizations go and participate in building new impactful innovation solutions together.

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Why Hierarchies Can Outperform Networks (And Vice Versa)

Digital Tonto

The problem isn’t how we dismantle hierarchies, but how we connect them. For decades we’ve been hearing that we need to eliminate bureaucracy and break down silos. Yet there is little evidence of any success. In fact, when management guru Gary Hamel, who has been leading the call to “bust bureaucracy,” surveyed readers at Harvard Business Review he found that levels of organization had increased, not decreased.

Survey 182
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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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Innovation: Shaping the Future and Leaving a Lasting Impact

IdeaScale

Innovation, the driving force behind progress, has the power to transform our world and propel humanity toward endless possibilities. As individuals, we hold within us the incredible potential to become innovators, using our ideas to shape the future and make a lasting impact. Join us on this inspiring journey filled with inspiration, challenges, and unwavering [.

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What impact does time pressure have on creativity?

Idea to Value

Diamonds are formed under pressure There are numerous examples of companies who allowed staff to take time to work on their own innovations and creative ideas. Companies such as AT&T’s Bell Labs (leading to the transistor and the laser), 3M allowing people to have 15% of their time to work on projects of personal interest (leading to Post-It notes ) and Google.

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Three-Stage Innovation Maturity Model for Adaptive Innovators

HYPE Innovation

Innovation has become a much more strategic activity in modern enterprises, and its importance has grown significantly given its ever-increasing role in transforming the way companies work and expanding their opportunities in different markets.

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Sneaky innovation

Jeffrey Phillips

I'd like to write today about what I call sneaky innovation. I define sneaky innovation as the innovation work that is often started and completed in disparate locations in the business, is not strategic and is often completed without a lot of fanfare. Sneaky innovation is about doing small but impactful innovation, without asking for permission or waiting to see who will approve.

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Customer Complaint Videos can Trigger Ideas

Destination Innovation

BUPA is a leading international provider of private healthcare and insurance. It is headquartered in the UK and has 82000 staff serving some 38 million customers. After customer interactions such as enquiries, procedures or complaints the company asks for feedback and tracks NPS, Net Promoter Score. Customers who give a low NPS are contacted and asked to give further details by audio or video.

Video 161
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How Innovation in Education is Shaping the Future of Learning: From AI to Virtual Reality

IdeaScale

Innovation in education has always been a cornerstone of human development. However, as the world changes, so too must education adapt to keep up with the times. Fortunately, innovative technologies such as artificial intelligence (AI) and virtual reality (VR) are rapidly transforming the landscape of education. In this article, we will explore how these innovative [.

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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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Naïve realism: Why you think other people’s views are wrong

Idea to Value

Can you know the truth? What if someone else’s truth is different from yours? Who is right or wrong? It might seem like a simple question, but humans are inherently bad at putting themselves in the perspective of other people. One of the cognitive biases which drives this is something called naïve realism. According to research, naïve realism shows that people believe that they see the world around us objectively, and that people who disagree with them must be uninformed, irrational, or bi

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Startup Metrics

TechEmpower Innovation

When talking to startup founders or other innovators, we always ask questions to better understand their business as a core. What does the business do? How does it meet customers’ needs? And most importantly, how does it make money? One way to approach that last question is to use this simple model: Customer Acquisition Cost (CAC) How will your business reach prospects?

CTO 156
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Ideas Can Only Be Validated Forward, Never Backward

Digital Tonto

Traditionally, strategy has been seen as a game of chess. Wise leaders survey the board of play, plan their moves carefully and execute flawlessly. That’s always been a fantasy, but it was close enough to reality to be helpful. Organizations could build up sustainable competitive advantage by painstakingly building up bargaining power within the value chain.

Survey 145
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Choosing the Best Innovation Management Software: A Buyer’s Guide

HYPE Innovation

Choosing the Best Innovation Management Software: Tips and Best Practices for Buyers in our Guide.

Software 130
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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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From CxO to Individual Contributor: A Journey Back to Passion

Tullio Siragusa

From CxO to Individual Contributor: A Journey Back to Passion In a world dominated by the pursuit of titles, power, and prestige, it’s a rare and commendable decision to step down from a senior executive role to a lesser position. The pursuit of personal fulfillment and passion often takes a backseat to the societal pressure to ascend the corporate ladder.

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IdeaScale Whiteboard: The New Era of Visual Collaboration

IdeaScale

In this post, we're excited to reveal our latest addition to our innovation management portfolio— the all-new IdeaScale Whiteboard, what you can do with it, and our vision for the product. In remote-first, globally distributed workplaces, getting everyone on the same page can be super challenging. Without face-to-face interactions, we lack the necessary [.

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Optimism Bias

Idea to Value

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.

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To Help Your Team Grow, Give Them Space to Struggle

Harvard Business Review

When you see an employee struggling with a task you could do easily, it’s only natural to want to step in and help. But from the other side, this can feel more like micromanagement than support. And when leaders over-function by keeping too much work for themselves, they allow those around them to under-function. We all know how important it is to delegate — both to help employees grow and to create a more collaborative, empowered, productive team.

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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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There Are Few Things As Dangerous As A Big Idea Misunderstood

Digital Tonto

Big ideas are powerful because they encapsulate an essential truth. When Fukuyama wrote about “the end of history,” it really did mark a turning point in human affairs, just as Marshall McLuhan’s concept of a “global village” identified a shift in communications, Kuhn’s model of a paradigm shift helped us understand how scientific breakthroughs occur and Christensen’s ideas about disruptive innovation alerted us to dangers and opportunities we weren’t aware of.

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Qmarkets and OmniStrada Partner to Empower Asian Businesses with Continuous Improvement Culture & Capabilities

Qmarkets

Qmarkets is pleased to announce a new partnership with OmniStrada , a digital consultancy based in Singapore advising businesses across Asia on areas including digital transformation, omnichannel, and more. Together, we will help businesses across Asia implement continuous improvement processes and nurture an innovation culture to drive efficiencies, build resilience and unlock growth potential.

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The Detriments of a Command-and-Control Culture and the Power of Design Thinking

Tullio Siragusa

The Detriments of a Command-and-Control Culture and the Power of Design Thinking In the competitive landscape of modern business, the approach we take to leadership can make or break an organization. Traditionally, some companies have adopted a command-and-control culture, with a hierarchical structure that emphasizes strict obedience and a top-down approach to decision-making.

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What is a Workflow? Definition, Components, and Advantages

IdeaScale

A workflow is the systematic organization of resources to build processes that transform materials, provide services, or process information. Essentially, It is a sequence of operations conducted by a person, an organization of staff, or one or more simple or complex mechanisms. Workflows take place across every industry. They are the building blocks of every [.

Resources 130
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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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Pygmalion effect: The self-fulfilling prophecy

Idea to Value

The expectations we put on people can have a direct impact on their performance. Often, and authority figure placing higher expectations on someone, like a teacher having high expectations for a student, or a manager having high expectations for an employee, can result in both the authority figure and the person in question changing their behaviour, perception of challenge and ultimately the success of their efforts.

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How to Train Generative AI Using Your Company’s Data

Harvard Business Review

Leveraging a company’s proprietary knowledge is critical to its ability to compete and innovate, especially in today’s volatile environment. Organizational innovation is fueled through effective and agile creation, management, application, recombination, and deployment of knowledge assets and know-how. However, knowledge within organizations is typically generated and captured across various sources and forms, including individual minds, processes, policies, reports, operational transactions, di

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Why Business Leaders Need To Learn About Social And Political Movements

Digital Tonto

The most important challenge leaders face is to navigate change. We can optimize operations, streamline our organizations and motivate our people, but eventually our square-peg business will meet its round-hole world and we will need to adapt, build new skills and shift our strategies. Unfortunately, the overwhelming evidence suggests that we will fail.

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Congressional testimony on higher ed: Allow for innovation, incentivize student outcomes

Christensen Institute

As the House gears up to reauthorize the Higher Education Act of 1965 (which hasn’t been updated since 2007), the Subcommittee on Higher Education and Workforce Development on Thursday, July 28th, heard testimony from experts in the field on the topic of “Lowering Costs and Increasing Value for Students, Institutions, and Taxpayers” in higher education.

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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.

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The Marketing Impact of Content Strategy: A Data-Driven Roadmap to Engage Your Audiences

Brunner

In today’s digital landscape, content is the lifeblood of any successful online presence. But simply churning out random blog articles or social media posts without a clear direction in mind can lead to chaos, wasted time, and lackluster results. This is where content strategy comes into play. Instead of guessing what topics to cover and formats to use, you can develop a well-researched content strategy framework, grounded in data, to determine the right channels, the right formats, and th

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What is a Business Model Canvas? Definition and Application

IdeaScale

Using a Business Model Canvas has become one of the premium alternatives to dragging one out on paper. These boards make creating and interpreting business plans or go-to-market strategies a collaborative endeavor and something anyone can create. This article will define what a business model canvas is and discuss its various advantages, how to use [.

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It takes 23 minutes to regain focus after a distraction: Task Switching

Idea to Value

Do you ever get to the end of a working day only to become frustrated that you were unable to complete any of your work? Chances are, you may have become distracted or interrupted at some point. Either from a colleague stopping or sending you a quick message … … or hearing someone talk about some interesting gossip in the background … … quickly opening a web browser to check the news or surf the web … … checking emails and chats … … or even just wo

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Does Your Company Have a Culture of Quiet Retaliation?

Harvard Business Review

Quiet forms of retaliation are incredibly common and can be contagious in the workplace. The organizations that accept this form of retaliation as a standard practice have difficulty hiring and retaining great people. Retaliation — in all its forms — not only harms current team members, but a culture that tolerates retaliation results in harm to the mission and the organization’s ability to deliver to its customers and stakeholders.

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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.