April, 2016

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The Case for Dual Innovation

Tim Kastelle

The first time I was advocating the idea of a dual innovation approach, here also referred to as organizational ambidexterity, is now more than 5 years ago. At this time it became pretty obvious to me that this concept – academically worn-out but deficiently or not at all put into practice in most organizations – would be of increasing importance in the time to come.

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Dyson’s newest innovation: an Ultra-powerful $400 hairdryer

Idea to Value

James Dyson has just revealed what his engineering firm has been working on for the past four years: the world’s most advanced hair dryer, called the Supersonic. Known best for its high-end vacuum cleaners, Dyson has consistently entered new markets which make use of its digital motor technology to get more airflow through smaller areas. It achieved this to great effect with its hand-drying solution, and to a lesser degree with its bladeless fan.

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Establishing a new mentality for innovation

Paul Hobcraft

Visual two heads… different mindsets, different thinking about innovation but working together, a duality of thinking and managing innovation going forward. We must learn to explore and exploit at the same time, both in parallel and where needed, in separate ways, or entities. If we ‘subject’ all of our innovation thinking to go through the same process we lose so much.

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What we’ve learned about the idea management challenge

Exago

The clock is ticking. Most managers (86%, to be precise) believe transformation in their companies is imperative to guarantee unrelenting success. However, one in five companies has failed in its innovation attempts, and three in five have not yet made any effort in this area. The post What we’ve learned about the idea management challenge appeared first on www.exago.com.

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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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Managing Open Innovation: one challenge/ coping strategy at a time

HYPE Innovation

A few months ago, The Economist published an excellent piece on how the fashion for making employees collaborate had gone too far. We wrote about the trend too here on the blog, explaining how excessive collaboration harms organizational performance and stifles innovation (hint: overworking employees for only marginal gains).

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Here comes the hypenated innovation offering

Jeffrey Phillips

It's almost inevitable that innovation will grow to become an amorphous blob of ideas, techniques, processes, "experts", software and a host of other things. It's the natural order of economics that when an opportunity is available, everything rushes in to fill the vacuum, and as the market becomes crowded various offerings must differentiate themselves from the others to demonstrate value.

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These guys built a beautiful scale version of our solar system

Idea to Value

Sometimes it takes my breath away what some people can do with a little imagination, careful planning and some hard work. In this short film by Wylie Overstreet and Alex Gorosh, they recreate the actual scale of our solar system, taken from the perspective of the Earth being the size of a marble. The sun and all the other planets are created to the same correct scale in the Nevada desert.

System 131
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Shining a powerful innovation light into the Corporate Boardrooms

Paul Hobcraft

So after a fairly ‘dark’ period for me, of absorbing and reflecting on a series of reports, each indicating that innovation and its management understanding is not as deeply understood in the boardroom as it should be, you need to respond. This seems an appropriate time to begin to rethink and explain innovation, partly in this need to fight these “immune systems” in fresh ways and partly to redrawn, re-frame and renew the value of innovation; in how it can help organizations going forward in ve

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Exago featured in Gartner’s ‘Market Guide for Innovation Management’

Exago

Gartner’s 2016 ‘Market Guide for Innovation Management’ features Exago as one of the companies with more traction and visibility in the innovation management industry. The post Exago featured in Gartner’s ‘Market Guide for Innovation Management’ appeared first on www.exago.com.

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Best Of The Bonn Forum: John Bessant On Learning The New Innovation Game

HYPE Innovation

In case you were wondering: the 2016 Innovation Managers Forum in Bonn was a blast! It also broke last year’s attendance record by attracting no fewer than 180 innovation management practitioners from around the globe for 2 days of experience sharing, workshops and networking. A definitive gathering indeed with plenty of take-home ideas – a handful of which I plan to share in upcoming posts.

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From Data to Decisions: Maximizing Retail Potential with 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 seven stages of innovation grief

Jeffrey Phillips

I'm writing this a bit tongue in cheek, but the point of this blog is very serious. There are a number of phases that innovators go through, accepting what they can about innovation based on what the executives and corporate culture allow. Growing as an innovators is something like experiencing the seven stages of grief, only it's often in reverse. When we experience grief, as when we lose a loved one, psychologists note that many people progress through a number of stages.

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How Smart Businesses Are Turning Academic Research Into Profits

Digital Tonto

Take a look at any significant innovation, such as an iPhone, and you’ll find that most, if not all, of the technology came from some government program. Related posts: You Can Only Win The Future. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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The surprising habits of original thinkers

Idea to Value

Sometimes, it takes a while for the best ideas to incubate into something original and beautiful. In this great new TED talk, Organisational Psychologist Adam Grant outlines what he has learned by studying “original thinkers” He outlines his research that suggests that between extreme procrastinators who leave their most important work until the last possible moment ( which is an especially bad problem for entrepreneurs ) and what he calls “precrastinators” who start work

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No Company deserves to survive with apathy in its future

Paul Hobcraft

I have always found April a difficult month. It seems to be the defining month for transition between winter and summer. It can fool us on the first day ( April fools day ) and its weather for us in Europe does exactly the same, usually all month long. One where it is offering up a healthy mix of rain, stronger sun, a little flurry of snow and some heavy wind too.

Company 138
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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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The ultimate innovation management success factor

Exago

Most innovations come through steady, continuous improvement. Embedding innovation as corporate culture takes time and perseverance. The post The ultimate innovation management success factor appeared first on www.exago.com.

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8 Principles of The Innovator’s Solution

HYPE Innovation

The Innovator’s Dilemma gets more of the headlines, but the follow-up book by Clayton Christensen, The Innovator’s Solution , is a far more useful piece of work. The Innovator’s Solution starts out by describing the ‘dilemma’, and in one chapter removes the need to even read the original work. It then proceeds to offer an array of approaches to handling disruptive innovation in large organizations.

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Destructive and Constructive Innovation

Jeffrey Phillips

Today I read a long post that claimed that up to 30% of the banking jobs in the US would be "destroyed" by innovation. No longer will we need bank tellers. Any job that can be automated or done by machines will be. This is a classic case of creative destruction, described by Schumpeter as a component of innovation. Innovation will always create disruption in existing conventions, economies and industries.

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The 3 Big Technologies To Watch Over The Next Decade—Genomics, Nanotechnology and Robotics

Digital Tonto

While smartphone apps are cool and add convenience to our lives, the real impact of digital technology lies in front of us, when second order technologies are applied to completely new. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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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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Innovation and The Art of Implementation: Dealing with Creatives

Idea to Value

Robert’s Rules of Innovation: A 10-Step Program for Corporate Survival lays out a fundamental framework of 10 Key Imperatives to help businesses create a structured, repeatable innovation process. Building upon this fundamental framework, the recently published Robert’s Rules of Innovation II: The Art of Implementation delves deeper into how to implement a culture of innovation in one’s work environment.

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Comment on The Innovation Minute #2: Differentiation by Shahla Khan

Stephen Shapiro

Love your 1 minute videos. I also have your book on my nightstand, big admirer of your style of challenging the status quo. Congrats for the new start and I wish you all the best.

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Diana Neves de Carvalho takes the lead at Exago

Exago

Blending consultancy, management and information technology (IT) expertise, Diana Neves de Carvalho is now Exago’s chief executive officer (CEO). Her problem-solving talents and ‘make it happen’ spirit are focused on one main mission: to provide innovation managers the most efficient. Read More. The post Diana Neves de Carvalho takes the lead at Exago appeared first on www.exago.com.

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The Definition of Innovation

HYPE Innovation

What happens if you ask a group of so-called innovation experts about their definition of innovation? Nick Skillicorn did this and he gathered the answers in an interesting blog post that shows how vastly different even topic experts see the term “innovation”.

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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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Lifee: A brand new style for kids

Svava

Lifee is a wristband for kids that motivates physical activity while being entertaining and easy to use. Wear Lifee and your everyday life becomes a game. - Patrik Jutterström.

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Innovation Starts—And Ends—With Mindset

Digital Tonto

We love to talk about disrupting markets and industries, but rarely put forth the effort to disrupt ourselves. That requires and change in mindset and, for most of us, it’s just too hard. Related. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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10 surprising ways to develop your imagination

Idea to Value

“Imagination will often carry us to worlds that never were. But without it we go nowhere.” – Carl Sagan. People with imagination are often dismissed as someone that has his or her head in the clouds, and deeply impractical. That is not true at all. Some of the great minds in human history were people with buckets load of imagination that could envision what other people have no concept at all.

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Strategy is a Living Organism But Culture Will Outlive Its Creators

Innovation Excellence

Organizations invest a vast amount of time and energy creating defined strategies for innovation. This could be anything from new business models to new products to new ways of interacting with customers. Ultimately, what is often overlooked is that the culture of the organisation will determine whether the strategy is successfully implemented. In short, culture outlives the people that create the strategy.

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The Big Payoff of Application Analytics

Outdated or absent analytics won’t cut it in today’s data-driven applications – not for your end users, your development team, or your business. That’s what drove the five companies in this e-book to change their approach to analytics. Download this e-book to learn about the unique problems each company faced and how they achieved huge returns beyond expectation by embedding analytics into applications.

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Crowdsourcing App Studies the Health Benefits of the Outdoors

IdeaConnection

It seems intuitive that being outdoors, surrounded by nature and natural beauty is good for the heart, soul and mind. But just how healthy is it? A new crowdsourcing app developed by scientists at the University of Cambridge in the UK could help them to understand more about the relationship between biodiversity and well-being. NatureBuzz can be downloaded for free on iOS and Android platforms and asks participants three times per day to answer questions about how they feel and whether they are

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When Disruption Meets Laughter & Fun

Mills-Scofield

I was so honored to be a guest on DisrupTV with my good friend Vala Afshar of Salesforce and Ray Wang , founder of Constellation Research. As to be expected, we had a great time talking blue lobsters, innovation, virtues, strategy and women in tech. Take a look!

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Lifee: A brand new style for kids

Svava

Lifee is a wristband for kids that motivates physical activity while being entertaining and easy to use. Wear Lifee and your everyday life becomes a game. - Patrik Jutterström.

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Beware Of Simple Rules And Slogans—They Can Kill Your Business

Digital Tonto

The truth is that the real world is a confusing place. We have little choice but to walk the earth, pick things up along the way and make the best judgments we can. The decisions we make are highly. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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Reimagined: Building Products with Generative AI

“Reimagined: Building Products with Generative AI” is an extensive guide for integrating generative AI into product strategy and careers featuring over 150 real-world examples, 30 case studies, and 20+ frameworks, and endorsed by over 20 leading AI and product executives, inventors, entrepreneurs, and researchers.