November, 2017

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Four things that are killing productivity in your office

Destination Innovation

What are the biggest barriers to productivity, efficiency and creativity at work? Which activities absorb the most time for the least return? In her book, The Innovation Revolution, Melissa Kennedy accuses four key suspects. Meetings. Typically people in organizations spend 15% of their time in meetings. For middle managers the figure is 35% and for senior managers it is 50%.

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Crowdsourcing and Traffic

IdeaScale

Tomorrow is Thanksgiving which means that many of you are traveling to be home for the holidays. And if you are traveling that means that you’re trying to avoid something that no one enjoys: traffic! So we thought we’d look at some of our favorite crowdsourcing and traffic stories. Personally, at IdeaScale we all talk about how excited we are for the age of self-driving cars.

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Happy 10th birthday, Exago!

Exago

In a historic building in Lisbon, overlooking the Tagus river, Exago celebrated its 10th anniversary on Friday, November 24. It was the perfect opportunity to bring together the people who are part of us and our history: our team (past and present), our clients and our partners. We would like to thank all those who […]. The post Happy 10th birthday, Exago!

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Improving your Business Potential for Innovation - Limitations and Criticisms of Design Thinking

HYPE Innovation

Let me summarize where we are today in Design Thinking. Design Thinking has raised a lot of expectations as well as its fair share of controversy. Why are organizations so caught up by DT? Often it became the promise of having creative ways to solve solutions and work in harmony with all the rational thinking that dominates much of business thinking today.

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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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Why didn’t I think of that? A reusable, square wine barrel wins design award

Idea to Value

Some innovations are just so simple, they make you ask yourself: “ Why didn’t I think of that???” This is one of those examples. A small family business of Ulrike und Thomas Lutz from Bellheim, Germany has just won a prestigious Design award for an innovation which seems like it took thousands of years and yet is so simple. They have developed a new design for the traditional oak barrel used to store and mature wine.

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Platform models are the new order of our innovating business need

Paul Hobcraft

Credit: Marshall Van Alstyne, Professor at Boston University. We have seen the incredible rise of platforms that have become part of our everyday lives. Be these Apple, Google, eBay, Amazon, Android, Facebook, Microsoft, Alibaba, Salesforce, Uber, Airbnb, PayPal and many more, all becoming some of the hottest companies in value. They have built out their business on powerful platforms for us to simply connect into and draw down what we value.

More Trending

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Yoda’s Best Advice for Innovation

IdeaScale

“Do. Or do not. There is no try.” Yoda’s famous advice is absolute. Yoda doesn’t leave much room for failure. But what Yoda is really talking about is commitment. Innovation happens only when we put all our effort into it, which is something demonstrated throughout the history of innovation. Do It Again, And Again, Until It’s Done Right.

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Ten years building the future together

Exago

In 2006, an IT visionary, an innovation hunter and an algorithm doer met for coffee and an idea came up. In November 2007, Exago was born. Now, on our 10th anniversary, we celebrate the results of our brilliant customers and the over one million users who have taken part in building their organisation’s future. From […]. The post Ten years building the future together appeared first on Exago.

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A Guidance on Keeping Your Innovation Processes in Check

HYPE Innovation

As an innovation manager/leader you likely deal with processes (and process improvements) every day. You know, prioritizing and tweaking those actions your firm engages in to accomplish a pre-established business purpose or objective (Michel Porter is a great reference on this topic – he introduced the process view of organizations ). From creating the physical space for innovation and adjusting your incentive scheme, to more abstract goals like becoming a learning organization or being customer

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Diminishing law of innovation returns and the problem with “better”

Idea to Value

Every company thinks that they can innovate by making their product better. But eventually, this concept of “better” begins to become irrelevant. If an entire industry is trying to innovate in the same way, eventually progress will become almost impossible to notice from a customer’s perspective and innovation will plateau. This is not to say that there is no more technological progress being made, but rather that each incremental improvement ( better ) becomes less noticeable

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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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Are you coming to the Innovation Virtual Summit?

Paul Hobcraft

So there is an innovation virtual summit about to happen between 28th November 2017 and 8th December 2017. Each day you can watch for free the different video sessions, with new video sessions released on a daily basis. The final schedule will be sent by email after your registration. For some weeks this has been in preparation and as I am lucky enough to be one of the curators and hosts, I had the chance to chat with SIX terrific and highly knowledgeable people around a subject that is dear to

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What your language says about your innovation

Jeffrey Phillips

I've long championed the idea that to change the way people think, you've got to change the way they communicate. If you want big ideas, you need to encourage them, yes, but also talk about them in ways that open up dialog, thinking and idea generation to a much larger dimension. While language, word choice and conversation may not seem to have all that much impact on idea generation and innovation, in reality these are the building blocks of a corporate culture.

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Think: the Second Step in Innovation

IdeaScale

Think first, then act. In the first step of innovation, we discussed observation, and how Galileo conceived of the pendulum clock years before it would ultimately be invented. But, of course, Galileo wasn’t the first to look at a swinging chandelier. What made the difference was his approach to what he saw, his method of thought. Centuries later, another brilliant innovator, IBM’s Thomas Watson, became famously obsessed with thought.

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When all roads lead to the Web Summit

Exago

As world-class speakers, innovative Fortune 500 companies and ground-breaking startups descended on Lisbon this week for the Web Summit 2017, we at Exago couldn’t miss the event Forbes called “the best technology conference on the planet”. The post When all roads lead to the Web Summit appeared first on Exago.

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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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How Can You Use Innovation to Become an Industry Leader?

Destination Innovation

Guest Post. To outsiders, the term innovation can seem like another empty buzzword, but as a CEO in a world where technology is driving market competition, you know that innovation is essential. Even traditional forecasting models, like the five-year plan, are increasingly irrelevant as the pace of technology in- creases and more companies are disrupting markets that were once considered unchangeable.

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Flexing Your (Underused) Creative Muscle: my podcast interview with the Innovation Engine

Idea to Value

I was recently interviewed for a podcast by Will Sherlin for his Innovation Engine Podcast , which I wanted to share with you in the embedded file above. Episode Highlights. Why do we need to strengthen our creative capabilities? Professor George Land commissioned a longitudinal study following the same group of people over time to see what happened as they got older.

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Data Bias Is Becoming A Massive Problem

Digital Tonto

As data and analytics increasingly become a core component of our decision making, we need to be far more careful Related posts: Is Big Data Doing More Harm Than Good? If Big Data Is To Live Up To. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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Shared innovation language accelerates innovation

Jeffrey Phillips

I was leading an innovation workshop recently with a company that invited in some of its customers to talk about the future. We were interested in getting feedback from key B2B customers about the future of the industry, where things were heading and what strategies and programs my customer should begin to put in place. I was hired to lead a trend spotting and scenario planning workshop, but I had successfully convinced my client that we needed to establish a common framework and language about

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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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Can a CEO Hinder Innovation?

IdeaScale

Leaders define their organization. That a CEO could hinder innovation seems counter-intuitive. Isn’t a CEO’s job to lead, to pioneer even when necessary? But depending on the personality and strategy of a CEO, innovation can be harder or easier. So what do you need to know about yourself as a leader, and the leaders you work with, to better innovate?

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How strategic cost-cutting helps you shift from survival to growth

Exago

In a weak growth environment, with low investments and rising risks, companies gamble on cost-cutting to ensure that they are prepared and equipped to grow stronger, as they wait for better times to come. Yet, cost-cutting is more and more seen as a way to drive growth, rather than as way to survive or avoid insolvency. The post How strategic cost-cutting helps you shift from survival to growth appeared first on Exago.

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36 Cognitive Biases that Inhibit Innovation | Collective Campus

Collective Campus

In this post I’ve unpacked 36 cognitive biases that can stifle your innovation efforts, how they might apply to the field and a proposed solution or mitigant for each. If you’ve got some alternative mitigants to address these biases, I’d love to hear from you in the comments.

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Companies betting big on open innovation

hackerearth

“Open innovation is the use of purposive inflows and outflows of knowledge to accelerate internal innovation, and expand the markets for external use of innovation, respectively. [This paradigm] assumes that firms can and should use external ideas as well as internal ideas, and internal and external paths to market, as they look to advance their technology.” ( Henry Chesbrough, 2006 ).

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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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4 Thing Leaders Need To Close The Gap Between Aspiration And Innovation

Digital Tonto

We need to treat innovation differently than we do normal operations Related posts: Apple’s Innovation Problem. 4 Types of Innovation (and how to approach them). Here’s Why Your Innovation Strategy. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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A Vital Change Management Strategy Role: Sharing an Innovation Vocabulary

BrainZooming

What are all the change management strategy roles a change agent plays? My answers to that question grew recently because of an experience with a client developing its future vision. We were working with an organization on its future vision while facilitating its strategic planning process. The organization’s leaders, and many of the team, have been in place for a long time, limiting the collective view of how other organization’s do things in bold, innovative, and different ways.

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How to Execute on Ideas

IdeaScale

As we’ve discussed before , once you’ve arrived at a clear decision, it is critical to act on the decision. A common pitfall at this point is inaction. Too many ideas reach decision, only to lay fallow without action. Inaction results in effort wasted, opportunities missed, and value lost for your organization. Implementing ideas is the key to delivering significant and measurable value to your organization and stakeholders, and setting yourself up for robust crowd engagement in the next

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Crossing the Internal Chasm in Corporate Innovation

Innovation Excellence

There is a huge noise around what companies should do to find the big ideas. Compared to it, the discussion about the best way of turning those ideas into substantial businesses is almost silent. We think it is high time to change this.

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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

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The Difference Between Design Thinking, Lean Startup, and Agile | Collective Campus

Collective Campus

As more large companies begin to embark upon audacious transformation plans and set up innovation teams, more corporate professionals are being introduced to a world in which terms like design thinking, lean, agile, pivot, experiment, fail, adapt and so on are used almost interchangeably.

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10 tips to win a hackathon

hackerearth

Everyone wants to be a winner. However, in both life and hackathons, victory comes to those who want it the most. With limited time to solve problems, and submit prototypes, a hackathon is an ultimate test of skills and endurance. Here is what you can do to win your next hackathon : . 1) Plan to win. Be clear on your motive for attending the hackathon.

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Don’t Be Fooled By These 3 Overhyped Trends

Digital Tonto

Our love of patterns is so great, in fact, that once we notice one we are often unable to disregard it Related posts: 5 Trends That Will Drive The Future of Technology. 5 Smart Technology Trends For. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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29 Ideas to Speed Up Your Strategic Planning Process Right Now!

BrainZooming

Are you still trying to finish your strategic planning process for next year ? Is it to that point where your biggest worry is being about to call the plan strategic without making other executives fall on the floor laughing hysterically? If this sounds like your situation (and we know, based on searches many of you are using to peruse Brainzooming strategic planning content, that at least SOME of you are facing this challenge), then the new eBook from The Brainzooming Group is the answer: Right

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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.