July, 2018

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5 Things Managers Should Know About Innovation (But Most Don’t)

Digital Tonto

There is no one "true" path to innovation, but there are basic principles that we can apply Related posts: An Innovation Roadmap. Why Best Practices Can Lead To Better Innovation. A New Breed Of. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

Roadmap 108
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You need a chief disruption officer, not a chief innovation officer

Jeffrey Phillips

In older times, when kings ruled countries with little input from their subjects, it was easy for the king to exhibit some hubris. After all, the king's family and retinue encouraged the idea of divine coronation - the sense that the king had his power from a divine source and that everything under his domain should pay homage to him. Given this power, it wasn't hard for kings to become a bit deaf to other ideas or suggestions, or the idea that he could be fallible.

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Situational Awareness (Winter is Coming)

Mike Shipulski

Business and life are all about choosing how you want to allocate your time and money. In life, it’s your personal time and money and in business it’s the company’s. If you’ve ever done any winter hiking, you know that it’s important to know the terrain. If there’s a mountain in the way, you either go over it or around it. But there one thing you can’t do is pretend it’s not there.

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The Innovation World is Changing Due to the 4th Industrial Revolution

HYPE Innovation

There are twin forces at work, feeding off each other. We are facing greater disruption and an increasing innovation pace. These are constantly combining, relentlessly adding new shape to our future. We are actually caught up in a very revolutionary period.

Industry 226
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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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A Revolutionary Idea – Thinking Inside the Box

Destination Innovation

McLean in 1957. Containerization was a massively important innovation which powered the expansion of global trade but it was a difficult idea to implement. Before containerization, goods were physically manhandled as break bulk cargo. At the factory or warehouse goods were loaded onto a truck, driven to a port and then offloaded to await the next suitable ship.

System 202
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The 5 steps for strategic cost-cutting in your innovation agenda

Exago

In times of uncertainty, when business models are challenged, managers and financial directors are bound to cut costs to make organisations more agile, robust and adaptable to change. Leaders with a clear vision then tend to use cost-cutting and improvement to align costs with business strategy, to lower costs, focus on the aspects of the […].

Agile 186

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Ring Fencing Constrains Innovation

Paul Hobcraft

It is the very act of ‘ring-fencing’ we have constrained innovation. We then can limit risk, as well as we are constantly separating it from the center of the company, even though many of us try to push it back towards the core. Innovation remains separate for the clear majority of our companies even today as it is full of unknowns and question marks.

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Why The Future Isn’t Digital

Digital Tonto

It’s time to think less about hackathons and more about tackling grand challenges. Related posts: Why The Future of Digital Commerce Is The Omnichannel. Our Emergent Digital Future. 3 Keys to The. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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Study shows a desire for startups and corporates to work more together by 2025

Idea to Value

According to a recent study by the Unilever Foundation , there is a strong desire for corporations to improve their innovation capability by working more closely with startups. Based on the results of a recent survey of 204 corporate brand managers and 114 startups about how their companies planned to collaborate together, the following results were identified: 80% of corporates believe that startups can have a positive impact on a large company’s approach to innovation. 89% startups believe the

Study 117
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13 Plastic Packaging Alternatives

Innovation Excellence

Why should brands care? Plastics is one of the biggest challenges the world is facing right now. Thanks to David Attenborough’s Blue Planet, consumers are suddenly aware of the thousands of tonnes of plastic filling the ocean. As plastic is so prolifically used, especially in packaging, brands are going to need to act quick to.

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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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Boost Success: 10 Tricks to Increasing User Adoption

Sopheon

While you are preparing your personalized training plan, keep these ten points in mind to increase user adoption. The post Boost Success: 10 Tricks to Increasing User Adoption appeared first on Sopheon.

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Music for Innovation

IdeaScale

There is a growing body of research that is dedicated to analyzing what kind of music makes an employee work more efficiently, joyfully, or precisely. Here are a few interesting working theories for music in the workplace. Music can help in task efficiency. One study found that if you’re completing repetitive tasks, listening to music will make an employee perform their task faster than a counterpart without music.

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21 Strategic Thinking Questions to Ask When You Have Nothing to Ask

BrainZooming

I was chatting with someone about what to do when someone asks you a question in a meeting. If you are fine with where everything is heading or you’re not sure what to ask, should you simply say you don’t have any questions? That may seem like the natural answer. I suggested another one: Go ahead and ask a great strategic thinking question. It is always better to respond to a request for questions with a question versus saying you are completely set (whether you are or not) and have no need for

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How Blockbuster, Kodak And Xerox Really Failed (It’s Not What You Think)

Digital Tonto

The roots of disruption are always more complex they first appear Related posts: A Look Back At Why Blockbuster Really Failed And Why It Didn’t Have To. How PARC Saved Xerox. Newsweek’s Failed. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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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 Power of the Innovation Retreat Week

Stephen Shapiro

Busy entrepreneurs need to step away from the business in order to grow their business… As entrepreneurs, we are all busy. There never seems to be enough time to complete even the basic tasks we need to accomplish. So, when do we have time to innovate? 5 years ago, I realized that it felt like I was on a treadmill. I was running fast yet getting nowhere.

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To See Your Assumptions Act Like An Outsider

Beyond the Obvious

The problem with trying to be the “outsider” is that most of us aren’t outsiders. We are inside—inside our company, our industry, or our organization. There’s a delicate balancing act between being the person who can speak the confrontational, difficult truths, and the person who can speak these same truths in a way that doesn’t […].

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The Value of Having A Curators Platform for Innovators

Guide 4 Innovating

I would like to lay out some thoughts on why we should be considering a curation platform for innovation and the value it can bring to a broader innovation community. These are some opening thoughts that I felt needed to just “hang out there” and see where they take me and clearly, you as a reader. The issue I am reflecting upon is our growing concern that we all are living in a world heading towards digital overload, with the risk of it simply overwhelming us, perhaps we are becomin

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4 Great Innovations that Started as Employee Ideas

IdeaScale

The idea for IdeaScale functions on a simple premise: good ideas can come from anywhere. This tenet underpins most of crowdsourcing and all open innovation programs. The idea isn’t new (after all, the very idea of democracy is based on the wisdom of the crowd), but it’s become more and more sophisticated alongside the systems that enable it and more and more powerful as the total population that anyone can reach out to becomes broader and more diverse.

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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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Next-Level Customer Loyalty: The Lock-In Effect – Business Model Inspiration #7

whataventure

Research shows that serial entrepreneurs develop business models more successfully than others by building on proven strategies. Innovate like a serial entrepreneur! Enjoy the following business model strategy to boost your creativity. Find more on our Innovation Platform. Business Model Inspiration #7: Next-Level Customer Loyalty: The Lock-In Effect.

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There Are 3 Ways To Innovate, But Only One Can Win The Future

Digital Tonto

A key factor of success is how you source problems, build a pipeline and, ultimately, choose which ones you will work on. Related posts: 4 Ways Open Innovation Can Drive Your Business Forward. 4. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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Top Recruitment Methods to Improve Employee Retention

Innovators Alliance

Considerable time and resources are needed to recruit new employees. From candidate searches to employee onboarding, it takes a lot of effort to find qualified workers who maintain the proper cultural fit for your organization. With so much invested in the process, employers should be looking for any way possible to maximize the retention of team members.

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Swiping the Blank Slate: Accelerate Your Career Success by Jumpstarting Innovative Thinking

Innovation in Practice

By Nurit Shmilovitz-Vardi. We’ve all been there. Your manager assigns your next project, handing you the relevant materials along with the following demand: “This needs to be big. I want something different, something that stands out, fresh new ideas—something innovative!”. Outwardly you nod, exclaim some words of apparent enthusiasm and motivation, excited to begin this innovating.

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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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Seeking out new Knowledge that Flows

Guide 4 Innovating

I have been heavily influenced by the great work of John Hagel and Deloitte’s “ Big Shift Index ” as a frame to measure the forces of long-term change. What really holds my attention is “knowledge flows” and they are suggesting we are moving from a world of push to a world of pull. The world is increasingly uncertain and to steer through this we need new ways to access, attract and accumulate understanding.

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Expanding Into New Markets? Here Are Some Helpful Tips

IdeaScale

Expanding into new markets can be a lucrative business move, but it’s one that should be taken with care. Before you so much as dip a toe into a new market, you need some idea management. New markets may be the lifeblood of any business, but business history is littered with companies that leaped into new markets without, literally, any ideas.

Marketing 113
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Startup Investment Guide: 10 steps to assess whether a venture is suitable for investment

Board of Innovation

Read More. The post Startup Investment Guide: 10 steps to assess whether a venture is suitable for investment appeared first on Board of Innovation.

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Summer Reading List: 12 Great Stories About History’s Most Legendary Innovators

Digital Tonto

Great innovators are real people with real flaws that managed to overcome their failures Related posts: Summer Reading List: 17 Great Books Every Innovator Should Read. Summer Reading List: Books. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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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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Executives Meet to Discuss the ROI of Innovation

Moves the Needle

Have you ever been in that electric environment where everyone around you possesses an intricate and expansive wealth of knowledge? If you answered yes, you know exactly the type of occurrence we are referring to. It’s the kind of conversation that captures your attention (and hours of your life), and when it’s over, you feel like your IQ has increased by at least 5 points.

Meeting 66
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Creating an innovative culture that sparks useful ideas

IdeaSpies

Research has shown that long term organisational success depends on developing, testing and implementing new ideas- not being satisfied with the status quo. The increasing pace of change resulting from the digital age is putting more pressure on the need for ideas that lead to new products and services as well as ideas that improve the way we work. The easiest way to get ideas to improve your business is from your employees.

Culture 57
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1 Way We Innovate: Ask “Why Do We Still…”

helloFUTURE

With all of the new technologies and ways of doing things seemingly better and faster, do you ever wonder why we sometimes cling to the old ways of doing things? Why even if much better options are available, we still do things a certain way? Why do we hesitate to innovate? We get hired to… The post 1 Way We Innovate: Ask “Why Do We Still…” appeared first on hellofuture.

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The Impact of Stress on Innovation

IdeaScale

Stress is something that affects all of us at some point in our lives. Although some amount of stress is unavoidable, businesses need to recognize the importance of creating as stress-free a working environment as possible in order to support innovation. After all, a stressed workforce can greatly impact innovation; causing employees to miss work and lack motivation when it comes to devising and implementing new ideas.

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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.