InnovationManagement
MAY 23, 2019
It is neither the business models nor the products that are innovative, but rather the minds behind them. Hence, nurturing a culture where people are willing to generate and execute on creative ideas is an essential skill for every innovation leader. The post Willing to Innovate? Start with Improving on Culture! appeared first on Innovation Management.
IdeaScale
MAY 15, 2019
Striving for excellence is not the same thing as demanding perfection. Striving for excellence opens up possibilities while demanding perfection attempts to carve outcomes in stone. It’s easy to see how perfectionism can stifle an innovation strategy and constrain people to the point where they’re paralyzed by fear of making a mistake. Unfortunately, perfectionism is often seen as a good thing.
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HYPE Innovation
MAY 29, 2019
Success is a scarcity, especially in innovation. In fact, one of the few certainties in life is that everything will fail at some moment. Few innovations and experiments succeed, and even the biggest success stories end at one point. It’s just the tendency of our universe towards entropy and disorder. Could be after 70 years, like in the case of Toys R Us, but happen it will.
Destination Innovation
MAY 2, 2019
Roger Hargreaves and the Mr Men Books. In 1970, Roger Hargreaves’ 6-year-old son Adam asked his father a question. It was a question that only a child could ask. No adult would ever conceive of it. Adam said, ‘Daddy, what does a tickle look like?’. In response Hargreaves, a cartoonist, drew a picture of a round orange blob with a face and long rubbery arms.
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.
Paul Hobcraft
MAY 11, 2019
We need to know how to unlock the real value of innovation both personally and within the organization, we work for. If we do not fully understand where the innovation capital comes from, how new capital and stock can be provided, innovation will remain tentative, always stuttering along. Innovation will lack that essential organization innovation rhythm, and it will stay disconnected for many and will be frustrating your own evolution in understanding if it does not become an organizational lea
Jeffrey Phillips
MAY 15, 2019
I'm just wrapping up another project that's focused on trend spotting and scenario planning, working to help a client company understand the emerging competitive conditions their business will face in the next 5-7 years. While foresighting, trend spotting and scenario planning are exceptionally valuable, many innovation projects simply ignore the benefits they can receive from doing this work.
Business Innovation Brief brings together the best content for business innovation and strategy professionals from the widest variety of industry thought leaders.
IdeaScale
MAY 8, 2019
If somebody’s car won’t start, you don’t ask them “Did you keep turning the key until it started?” Yet, when getting the motor running for innovation, we too often ask questions not unlike that one. Relevant, powerful questions can take innovation from a cold start to a blazing finish. Keep The Answer Open Let’s consider a basic question any business asks and how it can inspire innovation.
HYPE Innovation
MAY 16, 2019
Every year, new tools, technologies, practices, and even full-rounded ideologies invade the innovation space. Those of us working in this space witness this change daily as we watch projects reach (or miss) their targets as a result of new information and tools used. However, the real changes in how we manage innovation are even more evident when innovation managers gather to share their stories of success and failure at industry events like INNOVATE Bonn , HYPE Innovation's annual customer foru
Destination Innovation
MAY 9, 2019
Have you ever used a knife as a screwdriver or a shoe as a hammer? If so you repurposed a product for an application that the producer did not foresee. You put the product to another use. This idea can be a fruitful source of innovations for your product or service if you only you can think laterally. De Beers is a diamond mining company founded in South Africa in 1888.
Paul Hobcraft
MAY 19, 2019
I am reading a lot about the concept of value creation recently, it answers everything but tells us so often nothing about how it is made up or it is truly present. It seems to have that same ‘heady vaulted position’ as innovation in that we all talk far more about the ‘promise’ of it, we want it but still are not prepared to put the real effort into it to make it happen.
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.
Jeffrey Phillips
MAY 9, 2019
For a while now I've been considering the impact of all the emerging digital transformation tools on innovation. Artificial intelligence, machine learning, IoT, blockchain and a host of other technologies will have a bit impact on how corporations conduct work and create new insights and new products and services. However, I'm increasingly of the opinion that we are guilty of focusing on the technology and ignoring the real benefit of these technologies and other IT-influenced changes, and what
Exago
MAY 15, 2019
The process of developing a new product - whether it is a tangible, physical good or intangible, like a service, experience or belief - requires a systematic method to launch and commercialise it. NPD typically comprises 7 stages, from the initial idea through to its introduction on the market, and can be aligned with good idea management practices.
IdeaScale
MAY 21, 2019
Engagement is a challenge even at the most innovative companies. Bringing in stakeholders across the board will take more than just a welcome email and a few meetings. Here’s how to gear your company for innovation, from the newest team member to the senior C-suite. Bring in The Highly Engaged. Every organization has people who give 110 percent and have a talent for motivating others.
Idea to Value
MAY 27, 2019
The innovation game is not played on a level playing field. Start-ups – companies under 5 years old owned by one person or a small team of entrepreneurs and venture capitalists – will innovate quite differently from established companies, which have a history of successful growth and a market share to defend. Recent start-ups that have grown up, such as Facebook, Google and Netflix are hybrid cases, still youthful and on the warpath for new products and markets,while also owning huge
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.
Digital Tonto
MAY 12, 2019
There’s still so much we don’t yet see, for the simple reason that so much has yet to happen Related posts: 4 Ways Every Business Needs To Use Artificial Intelligence. Artificial Intelligence Needs. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].
Paul Hobcraft
MAY 16, 2019
Innovation can be fairly complex in what needs to be pulled together, as often it ‘flies’ in contradiction to the normal organization’s ways and wishes, especially the emphasis on working in structured, efficient and productive ways. Innovation can often be rather chaotic and discovery driven, it often is seen as counter-productive to the orderly state our organizations wish to achieve.
Jeffrey Phillips
MAY 31, 2019
In my last post I tried to illustrate the importance (and the challenges) of data to digital transformation. This is often a complex and difficult idea for people to understand - why is "data" so hard? Why can't computer systems work more effectively? For example, my father called me over the weekend to ask why his doctors can't get his electronic medical records correct.
IdeaSpies
MAY 6, 2019
We assume that innovators are never short on ideas, that their problem tends to be focus and follow-through. But I would like to challenge this common storyline. In my years of talking with innovators, I have met many who fit the garage-dwelling idea junkie. But I have met just as many who don’t come at innovation with their own ideas. They are a different type.
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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
IdeaScale
MAY 28, 2019
Companies in every industry are accepting that complacency and failure to innovate are tantamount to negligence. Failing to innovate can cause even a large established business to lose ground to competitors that more fully embrace innovation. It requires more than just saying “Innovation is good.” An innovation strategy is a key business asset, and innovation leadership is no longer nice to have, but necessary.
Idea to Value
MAY 27, 2019
If you think that all X-ray images can do is show you a picture of your skeleton, think again. Scientists from Mars Bioimaging at the University of Canterbury, New Zealand have developed new medical imaging technology which allows them to take pictures of the internal tissues of living beings (including humans), and show the different components of them in different colours.
Digital Tonto
MAY 8, 2019
The truth is you can’t overpower, bribe or coerce people to embrace change Related posts: If You Want To Change The World, You Need To Start With A Keystone Change. If You Want To Change The World, [[ This is a content summary only. Visit my website for full links, other content, and more! ]].
Innovation Excellence
MAY 2, 2019
An education is supposed to prepare you for the future. Traditionally, that meant learning certain facts and skills, like when Columbus discovered America or how to do long division. Today, curriculums have shifted to focus on a more global and digital world, like cultural history, basic computer skills and writing code. Yet the challenges that.
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
Mills-Scofield
MAY 13, 2019
Yuna Hur & Elaine Cheung - Versions of a Retail Pop-Up, Spring 2018. I’m honored to host a blog by one of my amazing mentees, Yuna Hur ‘18. Last year, as a senior, it was time to push academic limits 1 last time before graduating. This is her story about why it’s so important to take risk … because you never know what can happen! Thank you, Yuna!!
Econic
MAY 23, 2019
The biggest challenges in corporate innovation and how to navigate them Corporate innovation is hard. There are loads of challenges and pitfalls when trying to explore new opportunities inside of an existing organization. More and more, we’re seeing innovation programs close their doors after only a few years, with few senior leaders in the organization recognizing any real value from their efforts.
IdeaScale
MAY 22, 2019
Brainstorming is the beginning of idea management, but only the beginning. To keep the momentum going, idea management needs to clear away hurdles you may unintentionally put in the way. “Whose Job Is It?” Ideas need people to refine and implement them, but who that should be isn’t necessarily immediately clear. There are some people who will insist it’s not their job, others who don’t have the tools, and still others struggling to find the time.
Idea to Value
MAY 5, 2019
In today’s episode of the Idea to Value Podcast, we speak with Catherine Orer about what it takes for artists to raise the value of their work. We cover several areas, including what sort of research artists need to undertake to understand what the market is willing to pay, determining their own vision of what they want their art to be, and overcoming the fear of the “business side” of things to be able to actually make their art into a sustainable, profitable business.
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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.
Digital Tonto
MAY 22, 2019
The advantage of creating an MVP is that it essentially acts as a research lab where you can safely test hypotheses and eliminate sources of uncertainty. Related posts: The Hair-On-Fire Use Case. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].
Board of Innovation
MAY 7, 2019
In the first part of our series exploring what’s next in empathy and design-thinking methods, we look how the latest cognitive research technologies offer new insights into users’ minds. The post How biometrics can augment the way you understand customers appeared first on Board of Innovation.
IdeaSpies
MAY 24, 2019
Do you have a proven business and are you looking to expand globally? Do you see the potential for your product offering overseas? Expanding into new markets and serving new segments does have its risks but also the rewards. Taking your startup business global seems like a daunting task but it doesn’t have to be. There are five main pitfalls many businesses fall into when trying to expand overseas.
InnovationManagement
MAY 28, 2019
How might we build a more efficient or effective innovation process? The post How to Build YOUR Best Innovation Process appeared first on Innovation Management.
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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