November, 2018

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Getting the right question is half the battle

Jeffrey Phillips

I return once again to one of my favorite sayings, by Stephen Covey, who said (I'm paraphrasing): sharpen the saw before you start cutting the wood. It's a really simple thought - do the right things to prepare before you start a big task, but we lose sight of what adequate preparation looks like in so many activities. There are several reasons for this.

Tools 208
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7 Mistakes to Avoid when Measuring Innovation

InnovationManagement

Measuring innovation is one of the most ambiguous tasks when engaging in innovation management. Because of the complex nature of innovation, finding the right metrics is far from being simple.

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Six tips to help you think better at chess – and in general.

Destination Innovation

Here are some thinking tips to help make you a better chess player. Funnily enough the same approaches can be very helpful in other walks of life too. Develop your pieces. At the start of the game don’t move the same piece several times or launch a premature attack with just one or two pieces. This rarely works. Use each move to develop another piece and put it on a strong square.

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Overwhelmed, underwhelmed at the Web Summit, Lisbon

Paul Hobcraft

I am taking the opportunity to review the Web Summit, held in Lisbon last week of 5th (evening) to 8th November 2018. The Web Summit, originally Dublin Web Summit, is a technology conference held annually since 2009. The company was founded by Paddy Cosgrave, David Kelly, and Daire Hickey. The topic of the conference is centered on internet technology and I went looking for multiple innovation angles and left actually disappointed.

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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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Why Measuring Innovation Sentiment is Essential

IdeaScale

Metrics tell you if you’re working. Building a great platform and designing a positive innovation strategy that reflects both company culture and vision is a good beginning for any organization looking to become or remain a leader in their industry. But there’s a third component to this: Your employees have to be engaged with the idea of innovating.

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Here’s to 11 years making innovation come together

Exago

Exago has come a long way since we embarked on our innovation adventure 11 years ago. In that time, we have seen thousands of brilliant ideas come to life, and we couldn't have done that without our greatest inspiration: our clients. The post Here’s to 11 years making innovation come together appeared first on Exago.

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Solving the 'Who are My Stakeholders' Dilemma: A Quick Innovation Managers’ Guide

HYPE Innovation

I was recently asked a very down-to-earth question: “Where do you find answers to practical issues in innovation management?” To this, I’d normally reply forums, journals, HBR , Springwise , and Scenario Magazine. They’re all sources I recommend on a regular basis. This time, however, and to the amusement of the innovation manager asking, the word “Netflix” came out first.

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Disasters can open the door for Innovation

Destination Innovation

A catastrophe produces an unexpected set of circumstances and this can lead to opportunities for innovation. In January 1992 a container with 29,000 plastic bath toys was washed overboard in the Pacific Ocean. They were manufactured in China and were on route to the USA. They were called Floatees, bath toys consisting of red beavers, green frogs, blue turtles and yellow ducks.

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Adopting a Rapid Digital Innovation Process

Paul Hobcraft

As we start to think about the next year, (is it here already?) it is a time of reflection and some forward thinking. We do need to make some real changes. From my standpoint, I am simply amazed at how the world seems to be spinning faster and faster. I am convinced my working days are shorter or the clock is moving faster or worse still, I am being “deflected” even more by everything “digital” I never seem to finish what I had intended to complete by the end of a day or

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How Technology Changes Our Home in the Most Unexpected Ways

IdeaScale

Technology is constantly changing our lives. It improved our communication and transportation, it increased the pace of business and development, it’s changed government and our families. It has also impacted our home in the most unexpected ways. As we head towards a fully-automated future, w e can see many indicators of how technology changes our house.

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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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Connecting the dots for the future at the Web Summit 2018

Exago

We are around and connecting with business leaders to empower people within companies to build what’s coming next together. Get in touch to meet via the Web Summit app: Diana Carvalho and Andreia Dias. The post Connecting the dots for the future at the Web Summit 2018 appeared first on Exago.

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The "whole product" is more relevant than ever

Jeffrey Phillips

You simply must tip your hat to Geoffrey Moore and others who created the concept of the "whole product". I've written about this concept several times, and I raise it again because the underlying ideas are about to become really important in innovation circles. If you haven't read Crossing the Chasm or aren't quite familiar with what a " whole product " is, then it may make sense to go and read up.

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Digital Transformation Is Human Transformation

Digital Tonto

The high value work of the future will involve humans collaborating with other humans to design work for machines. Get the human part right and the technology will take care of itself. Related. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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Innovation Insights from the Founder of Sony

Destination Innovation

Akio Morita was born in Nagoya, Japan in 1921. His father owned a business brewing sake. It had been in the family for 14 generations and it was expected that Akio, the oldest son, would step into the business but the boy was more interested in electronics than in brewing. Morita studied Physics at Osaka Imperial University and served as a naval lieutenant during World War II.

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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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Innovating in the digital age- a terrific report

Paul Hobcraft

The report from Arthur D Little “ Innovating in the digital age- a cross-industry exploration ” has to be the one report that really stands out for me from this year. I highly recommend it. They take a look at how digital technology will transform the way innovation will be managed in the future. This report was produced by Dr. Michael Kolk , a partner, Digital Innovation Lead in Arthur D Little and Heike Woerner , a principal, technology and innovation management.

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What Makes a Great Idea!?

IdeaScale

Our CEO was recently interviewed by the San Francisco Business Times and asked a number of thought-provoking questions about innovation: what sorts of companies struggle with innovation , why is it hard to get an innovation program started, and more. But one of the questions that I found most interesting is trying to describe “what makes a great idea?

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Exago’s client CTT is sowing the seeds of the future

Exago

After being named the Innovation Farmer in Exago’s Innovation Guru Awards 2017, the Portuguese postal service CTT saw 50 trees planted in its name on November 25th as part of its prize. The Plant a Tree project is seeking to increase biodiversity and reduce the risk of fires, following the devastating forest fires across Portugal in recent years. The post Exago’s client CTT is sowing the seeds of the future appeared first on Exago.

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The End of the Beginning, for innovation

Jeffrey Phillips

It's a sign of maturity and experience to be able to determine just where you are in a journey, and I think the time has come to put some stakes in the ground about just exactly where we all are in regards to our innovation journeys. While some companies have made tremendous strides, becoming much more innovative than their peers, the real truth is that most corporations are still at the very beginning of their innovation work, and as I've written in other places the emerging new management fads

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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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When Innovation Goes Wrong, We Shouldn’t Blame Technology, But Ourselves

Digital Tonto

The unintentional consequences of technology have less to do with the relationship between us and our inventions than it does between us and each other. Related posts: The Story Of Technology. How. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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Protect the Areas that are not showing Hits.

Destination Innovation

Abraham Wald was born in 1902 in Transylvania which was part of Austria–Hungary and is now in Romania. His family were devout Jews who would not allow the boy to attend school on Saturdays so he was home-schooled by his parents. He was a brilliant mathematics student and he graduated with a Ph D from the University of Vienna in 1931. However, because of discrimination against Jews it was very difficult for him to gain employment.

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UX Design Careers in 2018 and Beyond: The Future of the UX Designer

Boxes and Arrows

At the time of this writing, a search for UX design jobs on job finder Glassdoor reveals almost 20,000 open positions in the United States alone. By another source , the number is 24,000, with a 22% projected growth rate in the next ten years. Salaries vary between USD$60,000 to $127,000 annually , with the median salary for 2017 being $77,000. With a significant spike year-to-year, the median salary in 2018 is $93,000 in the States, with the coasts offering the highest paying positions.

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Best Practices for Managing Multiple Stakeholders in the Innovation Process

IdeaScale

Innovation is about diplomacy as well as creativity. Central to any innovation process is stakeholder management. Any idea that you have will have ripples up and down both your company and your vendors, customers, government agencies you work with, and even the general public, in some cases. All should be involved in the process to some degree, making innovation processes as much about people skills and diplomacy as engineering.

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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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Lesson 1 from true innovation managers: set strategic, purposeful challenges

Exago

To mark Exago's 11th anniversary, we have put together our clients' pieces of wisdom to truly bring innovation together. This is lesson 1. The post Lesson 1 from true innovation managers: set strategic, purposeful challenges appeared first on Exago.

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How an innovation strategy sprint speeds up the entire process

Board of Innovation

Introducing the Innovation Strategy Sprint: a 1-week, fast, high-energy board session that helps co-design an innovation blueprint. Go from one year to one week. The post How an innovation strategy sprint speeds up the entire process appeared first on Board of Innovation.

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How Trust Can Be A Competitive Advantage

Digital Tonto

The costs for a breach in trust are higher than you think and appear to be rising Related posts: Collaboration Is The New Competitive Advantage. Generosity Can Be A Competitive Advantage. How To. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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How serious are you about innovation?

IdeaSpies

IdeaSpies Enterprise, a platform for ideas that will improve business performance, has released the results of an Employee Innovation Survey. The purpose of the survey was to determine if employees have a voice in helping their organisations succeed. Innovation was defined simply in the survey as “implementation of ideas that add value”. It’s good to see that 84% of leaders are talking about the need for innovation, but only 69% of employees believe the culture of their organisation actually wel

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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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When the Box is the Limit

Innovation Excellence

Recently I had the opportunity to interview Walter Vandervelde, author of the compelling new book When the Box is the Limit. Walter believes that creativity is a mindset. Creativity is his profession, and he adores inspiring and helping people to develop their creative potential. Be it the young and hungry wolves that are his students.

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Chain of Command vs. Flattened Organizational Structure

IdeaScale

One of the reasons that people love a crowdsourced innovation program is that it levels the playing field for ideas. Yes, the CEO or Commander might have the best idea, but maybe the most transformative ideas can come from someone who just joined the company or someone working on the front lines of the organization far from the top. Crowdsourced innovation allows you to transparently prove and communicate the value of an idea no matter where it comes from.

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A Structured Cultural Approach Managing Uncertainty

Innovation 360 Group

Disruption is the new normal in the global, mobile, digital world. New technologies can be deployed with a swipe of a finger, appearing across billions of devices all over the world, changing market dynamics in a heartbeat, while competition from emerging markets isn’t just producing cheaper goods and copycat products, but radically redefining the terms of production and distribution.

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Innovation Strategy Sprint: go from a blank page to an action plan, in just 1 week

Board of Innovation

Introducing the Innovation Strategy Sprint: a 1-week, fast, high-energy board session that helps co-design an innovation blueprint. The post Innovation Strategy Sprint: go from a blank page to an action plan, in just 1 week appeared first on Board of Innovation.

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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.