March, 2020

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Type I vs Type II Innovation Programs

Wellspring

In my decade-plus years working with corporate innovation leaders, I’ve seen a variety of frameworks to explain what we mean by “innovation.” The most enduring of these has been McKinsey’s Three Horizons model – although there are plenty of others. These models – powerful though they are – have always left me wanting more. Based on recent conversations with a number of corporate R&D and Innovation leaders, there’s another lens I’ve begun using.

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COVID-19 Will Fuel the Next Wave of Innovation

Entrepreneur - Innovation

This global pandemic will shape businesses for decades to come.

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Recession, Innovation and Survival – A Lesson from Kellogg’s

InnovationManagement

In times of severe recession should you cut costs and focus on survival or take the opportunity to invest in innovation so that you can benefit from the eventual recovery? The post Recession, Innovation and Survival – A Lesson from Kellogg’s appeared first on Innovation Management.

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5 Use Cases for Blockchain in Government

IdeaScale

Blockchain is far more than just cryptocurrency. There’s lots of hype surrounding blockchain, but at root, it’s a simple concept. Instead of one centralized authority having a ledger of transactions, everyone holds the ledger, and when a new transaction happens, everyone’s ledger is updated. Transactions are recorded on the ledger only if both ledgers match exactly.

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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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The Five Levels of Remote Work — and why you’re probably at Level 2

Collectivecamp

COVID-19 has forced companies the world over to enact — or create — remote working protocols.

Company 52
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The Questions People Asked for "Ask Docs Anything About Covid-19" Webinar

Kainexus

I've been helping our KaiNexus CEO Dr. Greg Jacobson prep for the webinar he and two other doctors are participating in tomorrow: Ask Us Anything! COVID-19. It's been beyond fascinating to see the questions that people have submitted. I've spent a lot of time going through them and categorizing them. here is what's on people's minds. And maybe that speaks to gaps in effective communication from the government and the healthcare field.

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51 Strategy Statistics And 3 Key Lessons To Help You Succeed

Cascade Strategy

At Cascade, we love data. Having the numbers to help see where you are, assess what's happening, understand how you got there, and decide what to do next, is a core principle behind the Cascade system and why we built it in the first place. Strategy and its implementation are wide concepts that cover a lot of ground, and although pretty much everyone intuitively agrees that a) having a good strategy, and b) implementing it well, are obviously good things for an organization, it's not always easy

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Famous Person Anagram Quiz

Destination Innovation

Test Your Skill at Anagrams with these ten short puzzles. Each answer is a famous person. Please enter your answer in the box. 1. Which terrorist might be said to be A BAD MAN, NO LIES? (5, 3, 5). OSAMA BIN LADEN (1957-2011) was a founder of the terrorist group Al-Quaeda and the mastermind behind the 9/11 attacks. 2. Of which famous playwright might this be said, WE ALL MAKE HIS PRAISE?

Groups 289
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5 innovative solutions to combat Coronavirus developed by creative companies

Idea to Value

Necessity is the mother of invention. This famous saying is especially true right now, as the world is struggling to contain the spread of the COVID-19 Coronavirus. However, some companies and creative individuals have already come up with innovative solutions to the problem. While scientists are still learning more about the virus and are trying to find effective treatments, a vaccine or a cure, these innovations are already helping people suffering from the illness as well as preventing its sp

Company 277
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Everything is changing faster- can we respond differently in our Innovation work?

Paul Hobcraft

Suddenly we are stopped from traveling; we are advised to work from home to keep us safe from this coronavirus and catching it. We have the choice of “self-imposed” or company-imposed” time at home. Time takes on a different meaning; we are cutting out those (unproductive) meetings, the train, car, and flight times, and we have the luxury to do what?

Change 265
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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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IdeaScale and Betterific: A Match Made in Innovation Heaven

IdeaScale

We’re partnering up to help you drive your innovation strategy further. Ideascale and Betterific announced at the end of January that they were teaming up to bring the latter’s strengths in crowdsourced open innovation to Ideascale’s industry-leading innovation management platform. So why are they better together, and what can innovation teams expect from the arrival of the Betterific team?

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How to Identify Industry Trends

HYPE Innovation

This is the fourth blog post in HYPE’s series on the most-often-asked questions about strategic foresight. While the second post provided guidance, practical tips, and examples on how to get started with brainstorming the future of your market , this post offers insight on where and how to identify industry trends to support brainstorming and other foresight activities.

Trends 214
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Practicing for an emerging future

Jeffrey Phillips

I'm writing this in the stages of the corona virus outbreak in the United States where we've finally decided to take the virus and its impact seriously. While the virus may not be as deadly as some other viruses, it is clearly contagious. I think after weeks of ignoring it or wishing it away, or waiting for a miracle cure, we've finally decided to do what must be done - that is, more social distance to reduce the spread.

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Best TV Box Sets

Destination Innovation

Bryan Cranston in Breaking Bad. Here are my choices for the top TV box sets to binge watch. Breaking Bad. The very best. Bryan Cranston is brilliant as a high school chemistry teacher who starts a new career as a meth producer. Five seasons of compelling drama. The Sopranos. A gripping tale of an everyday Mafia family. Tony Gandolfini stars as Tony Soprano, a complete villain, who you cannot help supporting.

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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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Innovation fails because humans have emotions

Idea to Value

A while back, one of my consulting partners from another office asked me to review their client’s innovation process. Their team had been engaged to review why their innovation process was not delivering results. Ideas were apparently being developed, but never successfully scaled within the company so that they were resulting in increased revenue.

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Working through the current disorder we find ourselves in

Paul Hobcraft

In times like these, we need to “unfreeze.” It is a necessary time where we need plenty of adaptive thinking on our needs to start thinking how we are going to emerge out of this “lockdown,” so many of us are in and apply our reasoning to literally “crank starting” the economy engine again. Even if this is one month, two months, or longer, we need to become creative and innovative.

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IdeaScale and Betteriffic: A Match Made in Innovation Heaven

IdeaScale

We’re partnering up to help you drive your innovation strategy further. Ideascale and Betteriffic announced at the end of January that they were teaming up to bring the latter’s strengths in crowdsourced open innovation to Ideascale’s industry-leading innovation management platform. So why are they better together, and what can innovation teams expect from the arrival of the Betteriffic team?

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Shifting the Focus of Your Idea Challenges During the COVID-19 Pandemic

HYPE Innovation

In the past two months, we have seen a significant increase in awareness of the business challenges associated with responding to COVID-19, aka coronavirus, effectively. Governments, companies, and institutions are all wrestling to find an appropriate way to respond, balancing how to keep people safe, how to keep businesses open, and how to deal with an unprecedented set of health, social, and employee challenges.

How To 191
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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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We Need To Prepare For Future Crises Like We Prepare For War

Digital Tonto

No one knows how long the Coronavirus epidemic will last or what the impact will be, but one thing is for sure — it will not be our last crisis. The future, however, is not inevitable. It is what. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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Recession, Survival and Innovation

Destination Innovation

In times of severe recession should you cut costs and focus on survival or take the opportunity to invest in innovation so that you can benefit from the eventual recovery? Well the short answer is that you have to survive first. If the cash dries up and you cannot pay the rent then a pipeline of great innovative products and services is of little help.

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Podcast S3E53: Alex Osterwalder – Creating an invincible company

Idea to Value

In today’s episode of the Idea to Value Podcast, we speak with Alex Osterwalder, Partner at Stratgyzer and creator of the Business Model Canvas. We speak about what it takes to create an invincible company, with a particular emphasis on the importance of a balanced innovation portfolio. Topics covered in today’s episode: 00:01:30 – How the Business Model Canvas (BMC) was created 20 years ago, to help companies innovate. 00:04:00 – The original purpose of the BMC was to ma

Company 232
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Seeking out knowledge that feeds our innovations

Paul Hobcraft

The more we embrace change and recognize innovation demands more of our time, the more we must seek out knowledge that ‘feeds’ innovation. And the more we ‘push’ for learning, the greater chance we have of thriving in a challenging world. The expectation ‘bar’ needs to be raised from those practicing innovation, I feel the constant need is for those working within innovation; they have this real need to raise their game significantly.

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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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A Look at Innovative Sustainability Trends for 2020

IdeaScale

Are you looking to shape sustainability trends in 2020? There’s a climate fight going on, and consumers and citizens are getting their say. Organizations and policymakers are altering how they do business to introduce new rules for promoting global sustainability. There are several trends set to shape these sustainability efforts in 2020. Here are five to watch. 1.

Trends 211
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Open Source Respirator and Low Cost Ventilator Efforts to Fight Coronavirus (COVID-19)

InnovationManagement

Calling all doctors, nurses, designers, engineers and designers: join one of the amazing Open Source Ventilator Projects to contribute your passion, creativity, time and expertise to help develop low-cost ventilators to fight the Coronavirus (COVID-19). The post Open Source Respirator and Low Cost Ventilator Efforts to Fight Coronavirus (COVID-19) appeared first on Innovation Management.

Design 144
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Politicians Like To Talk About Innovation. Here Are 3 Things They Should Actually Be Doing About It

Digital Tonto

Today, by all indications, we are at a new Sputnik moment in which our global scientific and technological leadership is being seriously challenged. We can respond with imagination, creating novel. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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Six Things I wish I had known before I accepted the position of Chief Innovation Officer

Destination Innovation

Image by Mhouge from Pixabay. I was pleased and proud to be appointed to the position of CIO (Chief Innovation Officer). It seemed like a great opportunity to join a dynamic executive team and help drive the growth and ambition which inspired the company. Unfortunately, things did not work out well and there are some hard lessons to be shared. Here are some things I wish I had anticipated.

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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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Podcast S3E52: Josh Linkner – How to build up rituals to reward creativity

Idea to Value

In today’s episode of the Idea to Value podcast, we speak with multiple entrepreneur Josh Linkner, about how to apply discipline to creativity. Josh is a talented Jazz guitarist, as well as having written bestselling books and starting and selling multiple technology companies. Today we talk about what it takes to make creativity a ritual in your company.

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The Energy Transition Needs A Structured Innovation Process

Paul Hobcraft

All of us are at present, caught up in the terrible spread of the Coronavirus (COVID-19). It is hard to think about other things when such societal and economic impact is hitting each of us every day. In this period of such disruption, we do need to hang onto our beliefs, objectives, and goals, both short and long term. We are at a real point where we will be reshaping our economies, it is unlikely we will return to the ‘old’ normal.

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How Do Your Employees Feel about Your Innovation Strategies?

IdeaScale

Innovation is at its best when everyone in your organization is involved in the process. Are your employees engaged with your company’s innovation strategy? Employees who are directly engaged with what’s going on in the company will feel a stronger need to innovate than their disengaged counterparts. Where do your employees fall on the innovation spectrum?

Strategy 195
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8 surprising benefits of remote workshops

Board of Innovation

Thinking about a remote session? From improved efficiency and faster experimentation to introvert bravery, here are a few reasons why a digital collaboration might be a great choice. The post 8 surprising benefits of remote workshops 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.