April, 2021

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The Critically Important Innovation Narrative

Paul Hobcraft

Whatever we do, we do far better when we become emotionally connected. Often understanding a good story builds this emotional connection or simply puts you off. Stories can inspire and spark even greater ideas. The art of storytelling and making connections with the listener or reader has incredible value. A story has limited value; for me, it is the more powerful narrative that drives innovation, inspiring and gaining identification in multiple ways.

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12 Types of Innovation You Should Know in 2021

IdeaScale

What are the different types of innovation? With so many types of innovation and even more definitions, it can be confusing to discuss innovation in your organization. It seems like new innovation types arrive at the scene all of the time, leaving people reaching for Google to get up to speed. Whether you’re new to innovation or have years under your belt, this simple guide that explains the different types might help.

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Harness the Random with this Method

Destination Innovation

The use of chance is a key element in lateral thinking. How can you deliberately introduce chance into your creative thinking? The Random Word method is very good. Here is another brainstorm method for you to try – Roll the Dice. It works well with groups of 4 to 6 people and is excellent for forcing unusual combinations of ideas and settings.

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Podcast S5E110: Jeff Wald – The End of Jobs

Idea to Value

In today’s episode of the Idea to Value podcast, we speak with serial entrepreneur and investor Jeff Wald. Jeff’s most recent company, Work Market, an enterprise software platform that enables companies to manage freelancers was acquired by ADP in 2018. We speak about some of research behind understanding how the job market has changed over the past decades, and what this says about how it will change in the future.

Software 268
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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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Revealing, Building And Emerging: We Need To Take A More Biological View Of Technology

Digital Tonto

What both the optimists and the Cassandras miss is that technology is not something that exists independently from us. It is, in fact, intensely human. We don’t merely build it, but continue to. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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What shapes your thinking?

Jeffrey Phillips

There's a famous saying, attributed to Marshall McLuhan, who is reported to have said - we shape our tools, and then our tools shape us. Supposedly Churchill said something similar, only about buildings. I think what was attributed to McLuhan is true - we shape our tools, and then they shape us. From the earliest stone axes that were crafted by hand, to the latest software on the web, we create our tools, and then those tools shape who we become.

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Five Barriers to the Innovation Process and How to Overcome Them

IdeaScale

It would seem that the innovation process is simple: Get an idea, refine that idea, implement it, and repeat the process. Yet like anything that’s simple to put on paper, practice is another matter. Here are five common problems with the innovation process and how to resolve them. Challenges in “Buy-In”. This, by far, is the most common challenge faced across companies.

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Write Your Future News Report

Destination Innovation

Image by Neven Divkovic from Pixabay. If you are planning a major change, a big initiative, a new product launch or something really innovative then try writing a future news story. Imagine that the project has been a surprisingly big success. A reporter in a major newspaper or on TV files a glowing report. Write it up. It should include. How unexpectedly successful it has been.

Report 337
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People never think of improving something by removing parts of it

Idea to Value

When looking to improve something, it seems like people always want to add more. At least, this is what an interesting new piece of research by Adams et al suggests, just published in the journal Nature. This has major implications for innovators in all types of companies, trying to find ways to make their products and services “ better “ The study aimed to study how people approach solving challenges, and whether they would prefer doing this by “adding more” (additive tr

Study 265
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The Digital Era Is Over. Long Live Innovation!

Digital Tonto

We tend to assume that we’ll notice when something important is afoot, but that’s rarely the case. The truth is that the next big thing always starts out looking like nothing at all. It doesn’t. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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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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One constant and one big change to consider in your business

Jeffrey Phillips

David Bowie sang a song about change called Changes. He spoke about the need to change - to "face the strange" - and find a new reality. Another band - Rush - talked about change as well. In their song Tom Sawyer, they wrote that "changes aren't permanent, but change is". What these rock stars and others help us realize is that change is constantly confronting us, as people, as society and as institutions.

Change 201
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The European Space Agency's Voyage Into Open Innovation

HYPE Innovation

This blog post is part of a series on successfully managing open innovation programs. In this series, I talk with experienced innovation managers to understand how they've built an open innovation capability in their organizations and how they strive to make this capability increasingly stronger.

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How a South African Consulting Firm is Drawing on New and Old Innovation Best Practices

IdeaScale

Innovation is an ongoing process. It draws on existing principles and new ideas to effect positive change. As organizations find new ways to reach customers, they need to embrace new business processes. High value is placed on the customer. Research shows 86% of buyers will pay more for a positive customer experience , making it one of the most important aspects of a business.

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The Double-Handed Approach to Innovation

Destination Innovation

Most new products and services are developments or combinations of existing offerings. But just adding features can lead to a product overloaded with ‘feature bloat’ Instead try giving with one hand and taking away with the other. Add something different and take away something of little value. Start by focussing on the market leading product (or products).

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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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Podcast S5E111: David Robson – The Intelligence Trap

Idea to Value

In this episode of the Idea to Value podcast, we speak with renowned Science journalist David Robson, about his new book “The Intelligence Trap: Revolutionise your Thinking and Make Wiser Decisions” We speak about what leads highly intelligent people to wrong conclusions, or why they sometimes stick with ideas when evidence suggests these are wrong.

Examples 205
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Some Can Transform Themselves. Others Can’t. Here’s What Makes The Difference:

Digital Tonto

Since 1970, we have undergone three revolutions—financial, managerial and digital—and we are somehow worse off. It’s time to admit that we had the wrong theory of the case and chart a new course. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

Course 240
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Design Thinking, Lean Startup, Agile? There is a Bigger Thing Happening

Leanstack

(This is guest post by Alejandra Gonzalez , a seasoned business model strategist, product owner, and innovation coach. In this post, Alejandra shares her perspectives on when and how to incorporate lean, agile, and design thinking into your product lifecycle. Enjoy… -Ash) As a product design manager and portfolio owner, I have found myself endlessly defending why it takes 9 months to design and launch a product with no guarantee of success.

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The Top 25 Most Influential Innovators

Innovation Leader

2020 was a brutal year that separated a few forward-looking companies that continued to invest in innovation from the rest of the pack. From mRNA vaccines to streaming services to commercial spaceflight, here’s our list of the Top 25 Most Influential Innovators working inside big organizations.

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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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SNP Case Study Highlights Plan for Creating an Integrated, Global Workforce

IdeaScale

Product innovation moves companies forward. It helps leaders collaborate to drive change and promote growth. . Business leaders constantly work to define new trends and increase the time it takes to get products out to customers. In a recent article, executives report moving 20 to 25 times more quickly than in recent years on improving business processes.

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Social Innovation - the What, Why and How

Viima

When thinking of innovation, we usually think of new technologies developed by companies as engines for their own growth. However, there is more than that to innovation. It doesn’t just help companies grow; it also helps the society prosper. Today we’ll dive deeper into social innovation and show how it can serve your business.

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Stability

Idea to Value

What is more stable: A pure diamond or pure graphite? And what does this have to do with innovation? Both of these are a pure form of the element Carbon, so chemically at the atomic level they are identical, but structurally diamond is the hardest natural material in the world, whereas graphite is brittle and soft. We would expect therefore for diamond to be the most chemically stable form of pure carbon.

Company 201
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There Will Always Be People Who Want To Kill Change. Here’s How To Outsmart Them

Digital Tonto

Look at anyone who has truly changed the world and they encountered significant resistance. In fact, while researching my book Cascades, I found every major change effort, whether it was a political. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

Change 181
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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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Strategic Agility: The Leadership Survival Skill of the Year

InnovationManagement

Chaos might have defined the year that was 2020, but that turmoil helped business leaders learn a new skill that will serve them well in the years to come. The post Strategic Agility: The Leadership Survival Skill of the Year appeared first on InnovationManagement.

Agile 129
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Here's What AI Will Never Be Able to Do

Entrepreneur - Innovation

While artificial intelligence and data-driven technologies are powerful, they can never master the mysterious impulses of human creativity that lead to breakthrough innovation.

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Get Inspired With This List of Top Young Innovators

IdeaScale

Innovation comes in all forms. If you’re looking for inspiration as you develop your innovation management strategy, these five young innovators offer solutions to common innovation struggles. Eimar Dolan. The human body doesn’t react well to foreign objects implanted in it, even if those objects are helping. Over time, medical implants have to deal with the “foreign body effect,” where the object is contained within a wall of scar tissue to “protect” the body from this “intruder.

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4 Ways to Enable Connections

Rmukesh Gupta

Premise: One of the most important steps in driving any kind of transformation is the ability to rally around teams that are impacted by the transformation. One of the reasons many transformation efforts fail is existence of resistance for the transformation effort. It is critical to address this resistance if we want to have a good chance of success.

Training 120
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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 S5E109: Dorte Nielsen – Teaching creativity in Danish schools

Idea to Value

In today’s episode of the Idea to Value podcast, we speak with Dorte Nielsen, founder of the Centre of Creative Thinking in Denmark, and author of The Secrets of Highly Creative Thinkers. We speak about the successes and challenges she has had in bringing creativity into Danish classrooms. Topics mentioned in this episode: 00:01:00 – How Dorte got started in teaching creativity. 00:02:30 – Why creativity training and skills are so important. 00:04:00 – The importance of b

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Air, Water, Food

CorporateIntel

There’s no time like the present to set goals. Here’s a framework I use for myself and those I manage or advise. I generally try to classify projects into three levels of priority before I consider adding resources to anything on deck: Air, Water, and Food. In the unlikely event everything classified under Air, Water, and Food is done and behind us, I might move onto the next realm of importance, but generally, if it’s not Air, Water, or Food, it is going to get a very low priority, I’m st

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Reimagining Fundraising with innovation

Board of Innovation

How 14 leading NGOs teamed up to re-shape fundraising with innovation The year 2020 shook things up in ways no one would ever have thought possible. Countless NGOs who rely heavily on fundraising operations were facing immense challenges. Reimagining Fundraising: an open call to innovation To address these challenges, 14 of the world’s leading NGOs […].

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Building a World-Class Innovation Culture: Bayer

Strategyzer Innovation

In our work with companies, we have observed significant changes in the attitudes that leadership has towards innovation. Leaders now value innovation as the most important driver of growth. But even with leadership having understood the importance of innovation, there is still a need to ensure that companies create the right culture for innovation to thrive.

Culture 110
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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.