July, 2017

article thumbnail

3 Lessons on Innovation from Jeff Bezos

HYPE Innovation

Jeff Bezos just became the world's richest man. His creation, Amazon, is an incredible company. The consistency and breadth of innovation it has produced over the past two decades is awe-inspiring. Bezos is undoubtedly the force behind this relentlessness, and I find him fascinating to listen to and study. In the following 38-minute interview , he gives us a compelling glimpse into the mindset he’s created at Amazon that underpins its success.

Study 281
article thumbnail

Innovation requires learning, relearning and unlearning

Jeffrey Phillips

There's probably few activities that corporate folks enjoy less than corporate training. For most it's guaranteed to be a slog, or a review of policies and procedures rarely used and important only to a specific team or set of circumstances. While people are attending the "mandatory" training to learn material of vague importance to their day to day jobs, their inboxes are filling up, cat videos are going unwatched.

Learning 183
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why Asian People Are Uncreative? Why Jewish People Are Creative?

Idea to Value

Please note, this is a contributor article by Dr KH Kim and discusses her research, and should not be construed as a generalisation of any group of people. Creativity is the process of making something unique and useful, and the successful outcome of this process is an innovation. My research coalesced around the three steps of the CATs framework for innovation: Cultivate the C limates (step 1), nurture the A ttitudes (step 2), and apply T hinking s kills (step 3).

article thumbnail

Reducing the friction around innovation

Paul Hobcraft

I was reading a report by the IBM Institute for Business Value’s “ Fast Forward: Rethinking enterprises, ecosystems, and economies with blockchains”. In IBM’s thinking, they have clearly taken friction as part of the need to be broken down within any rebuilding of the supply chain. Well, I also believe these apply equally as innovation frictions.

article thumbnail

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.

article thumbnail

Nine Short Innovation Lessons from Lego

Destination Innovation

Lego is now revered as one of the most innovative and successful companies in the world. But in 2003 the company was $800m in debt and on the verge of bankruptcy. The turn around in its fortunes has been spectacular. It is currently rated the number one toy company in the world and the world’s most powerful brand. There are many books and studies describing the company’s approach.

article thumbnail

No Innovation Strategy Fits Every Problem, So You Need To Work With Full Toolbox

Digital Tonto

The truth is that every innovation strategy fails eventually, because there are always new problems to solve. Related posts: Here’s Why Your Innovation Strategy Will Fail. The Difference between. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

Strategy 172

More Trending

article thumbnail

Is innovation unreasonable?

Jeffrey Phillips

Thank goodness for Twitter. What would we do without this constantly refreshing stream of bromides, insights, accusations and occasional bursts of wisdom? Just yesterday while perusing the Twitter stream I saw a quote attributed to Jonathan Ive that made me want to sit up and scream. The quote was relatively straightforward and seems innocuous on its face: "To do something innovative means you reject reason" Sounds about right, doesn't it?

article thumbnail

How to Foster Innovation in a Risk-Averse Environment

IdeaScale

Risk aversion can make innovation difficult. How do you get around your company’s aversion to risk? There’s only a limited appetite for risk in any company, of course, but where some will enthusiastically embrace it, others hate risk so much even the whiff of it drives them away. So, how do you drive innovation in a risk-averse environment?

How To 140
article thumbnail

Relating to the New Innovation Era

Paul Hobcraft

I firmly believe we are on the cusp of a new innovation era. When you step back and recognize all the different advancements we have making in designing tools and frameworks, in understanding innovation, it holds promise. Yet it is this recognition that the present is not working anymore with existing innovation systems, you do need to search for a real lasting change that does transform and connect all the parts into a new innovation designed ‘whole’ There are a number of intersecti

article thumbnail

Thinkers50 – Can I Count on You?

Braden Kelley

Every two years Suntop Media ranks the top 50 management thought leaders and bestows the Thinkers50 Global Ranking of Management Thinkers. The ranking relies on nominations and voting from the community, meaning that the public decides who is selected.

article thumbnail

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

article thumbnail

3 Technologies You Need To Start Paying Attention To Right Now

Digital Tonto

The next big thing always starts out looking like nothing at all. Related posts: 5 Technologies for 2031. The 3 Big Technologies To Watch Over The Next Decade—Genomics, Nanotechnology and Robotics. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

article thumbnail

Ecosystems: Goods-dominant vs Service-dominant logic

HYPE Innovation

“Anything that just costs money is cheap” John Steinbeck - American novelist. Before we move on to see how ecosystems are built and managed, let’s take a moment to grasp their underlying logic. In as follows, a crash course on “goods-dominant” versus “service dominant” logic, customer focus, resilience thinking and value co-creation. In short, the “stuff” ecosystems are made of.

Course 187
article thumbnail

Back to Basics: Elements in the Product Story

Idea to Value

Many companies and people confuse what they mean when discussing Value Propositions, Benefits, and Features. Be clear with your product marketing. Value Proposition: Definition : A value proposition is the concise statement of the overarching solution to your customer’s problem. The solution then is not your product or its technical details, but the solution your product or service provides ; i.e.

Tips 125
article thumbnail

What Does an Innovator Look Like?

IdeaScale

We’ve dedicated lots of time to thinking about innovators. What their skill sets are, what traits they possess , and what the profile of innovators is globally. But we recently took a look at our own data and developed two profiles of our own: The profile for the crowd innovation administrator: Most of IdeaScale’s administrators were in their mid-thirties and at the managerial level.

Ideation 140
article thumbnail

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

article thumbnail

The Pressures Placed on the Innovator

Paul Hobcraft

nd There are multiple “stretching and straining points” that make the life of the innovator increasingly uncomfortable. These build into increasing frictions where the eventual performance of innovation seemingly disappoints the leadership of organizations. So why is that? It is only when we can truly understand the constraints innovation works under, can we provide more robust solutions to reduced all these frictions and pain points that innovators are under.

article thumbnail

Latest Interview with the Everyday Innovator Podcast

Braden Kelley

I recently had the opportunity to sit down with Chad McAllister of The Everyday Innovator Podcast, about my work as a popular keynote speaker, workshop facilitator, and thought leader on the topics of continuous innovation and change, and some of … Continue reading →

article thumbnail

4 Myths About Innovation That “Gurus” Love To Tell

Digital Tonto

The only “right way” to innovate is to solve a problem that people care about. You have to decide for yourself how you will get there. Related posts: Here’s Why You Should Think Twice Before. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

article thumbnail

The Complex and the Chaotic: Going Beyond Incremental Innovation

HYPE Innovation

Innovation is easy. Or rather, certain kinds of innovation are. Faced with the challenge of improving a product or service in the marketplace shouldn’t present too much of a problem for organizations with capabilities in managing and deploying their knowledge base. Using good market research to keep a finger on the pulse of customer needs and desires should give a clear steer about what to change as they progress along a well-established pathway.

article thumbnail

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.

article thumbnail

Eleven Jobs that Robots cannot do

Destination Innovation

The Hadrian X robot is made by Fastbrick Robotics from Australia. It can lay 1000 house bricks in an hour. The average bricklayer lays around 500 bricks a day. We will soon see robots doing much of the standard work in building assembly with a small number of skilled craftsmen supervising them, applying finishing touches or completing tricky tasks.

article thumbnail

Have you heard about ISO 50501?

IdeaScale

Well, let’s start with introducing you to the ISO itself. ISO is an independent, non-governmental international organization with a membership of 163 national standards bodies (think: the United Nations for standardization with representatives from each country). ISO goes on to say “through its members, it brings together experts to share knowledge and develop voluntary, consensus-based, market relevant International Standards that support innovation and provide solutions to global challenges.

article thumbnail

The Innovation Matrix. A tool to define the Innovation Strategy that fits your company.

Board of Innovation

Over the past 9 years, Board of Innovation has supported many large organizations in designing and executing a wide range of innovation initiatives. Now, navigating through all these different formats is not always easy. Multiple times, we’ve been asked by innovation managers questions like ‘ What is the best innovation initiative for our organization?

Tools 99
article thumbnail

Public Speaking Skills: My Worst Presentation Ever

BrainZooming

Ten years ago, last week, I gave what I’ve always considered my worst presentation ever. I call it my “Lee Harvey Oswald presentation.”. The horrible experience wasn’t for lack of public speaking skills, sufficient preparation, and scouting the unusual location ahead of time. It wasn’t for not being ready with options in case something didn’t work. And it wasn’t for not having a friendly audience.

article thumbnail

Monetizing Analytics Features

Think your customers will pay more for data visualizations in your application? Five years ago, they may have. But today, dashboards and visualizations have become table stakes. Turning analytics into a source of revenue means integrating advanced features in unique, hard-to-steal ways. Download this white paper to discover which features will differentiate your application and maximize the ROI of your analytics.

article thumbnail

We All Need To Prepare For A New Era Of Innovation

Digital Tonto

The ones that will win in this new era will not be those with a capacity to disrupt, but those that are willing to tackle grand challenges and probe new horizons. Related posts: Great Companies. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

article thumbnail

Profiling the Open Innovation Manager

HYPE Innovation

We talk a lot about, and also to, innovation managers here on the blog. In fact, we have an entire section dedicated to them. At HYPE’s annual event in Bonn the topic was also in the limelight. Mike Hatrick (the event moderator) asked the question: who really is the innovation manager? In his presentation, Mike mentioned the researchers, strategists, evangelists, pioneers that go on to become change agents, leaders, organizational designers, coaches/ trainers, and ultimately fill the seats of pr

article thumbnail

Hire Innovators + Keep them Innovating.

Daniel Burrus

Leaders who want to see their organizations leap far ahead of their competition are usually deeply involved in any number of employee activities and programs. That’s understandable, but a high level of involvement can often become counterproductive. However tempting it can be to have a finger in as many pies as possible, leaders of organizations that truly excel are keenly aware of the importance of authority and thoughtful direction—and, just as important, the value of also allowing others suff

article thumbnail

An Innovation Management Solution that Meets Your FedRAMP Requirements

IdeaScale

On my first day at IdeaScale, I had not been at my desk for more than five minutes before the CEO made his way over to me and said, “Your first job at IdeaScale is to get us FedRAMP authorized.” . Without a pause, I answered, “Yes, right away,” and with my boss standing over my shoulder, I opened my to-do list and typed “G-E-T-_-F-E-D-R-A-M-P-E-D.” Once he made his way back to his desk, I googled “W-H-A-T_I-S_F-E-D-R-A-M-P-?

Meeting 112
article thumbnail

Mapping Digital Transformation: Retail’s Strategic Shift

Speaker: Jennifer Wright, Michael Scholz, Jasmin Guthmann, and Scott Canney

Digital transformation in retail is so much more than new technology. You need to get your whole organization, from entry-level workers to executives, on board with the new tech, new skills, and culture changes that digital transformation brings. Leading this mindset shift can be a daunting task… but that’s where this webinar comes in! Join our panel of experts as they guide you through the challenges of digital transformation, preparing you to avoid common mistakes and make the most of incredib

article thumbnail

When to apply Lean Startup and/or Design Thinking

Board of Innovation

Design Thinking and Lean Startup have become a part of any innovation enthusiast’s jargon. These relatively new methodologies are being used by corporates as well as startups to structure and de-risk their innovation activities. Inspired by success stories such as Uber, Airbnb, Facebook, Google, companies are increasingly looking to Design Thinking and Lean Startup for answers.

article thumbnail

How Facebook Made Innovation a Daily Habit

Planview

Since its founding in 2005, Facebook has become one of the most innovative companies in the world. They’ve used their influence as the number one social network masterfully, evolving into an ecosystem of brands – Instagram, WeChat, Aquila (Facebook’s Internet plane), and others – all aligned to further the company’s mission of giving people the power to build community and bring the world closer together.

article thumbnail

Why You Need To Understand Noah Effects And Joseph Effects

Digital Tonto

It pays to build the ark before the storm Related posts: The Mathematics of “Anything Can Happen” Remembering Benoit Mandelbrot. How Numbers Lie. Simplicity Is Not So Simple. 3 Crucial. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

article thumbnail

Open Innovation: Tackling Mood, Conflict and Knowledge Boundaries

HYPE Innovation

While artists – bloggers included – do not typically disclose where they get their inspiration from, I will share this one secret with you: I am a huge fan of Freakonomics Radio. Some of my older posts on grit , foresight , and gamification all draw on something heard on the show. So I highly recommend it. After meeting Stephen Dubner , one of Freaknomics’ founders, in New York City at the taping of Tell Me Something I Don’t Know , I was once again inspired.

article thumbnail

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.