June, 2017

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Focus on the Opportunity, not the Problem.

Destination Innovation

Two groups of engineering students were given a similar task – to design a bicycle rack for a car. The first group was shown an existing but poorly designed roof rack for bicycles. They looked at all the issues with the current design and then set out to come up with something better. The second group was not shown the ineffective roof rack; they were simply told to design a really good bicycle rack.

Groups 207
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Curiosity: The Key to Creativity and Innovation

Idea to Value

Albert Einstein generally did not like school, but this all changed when he was 16 at Aarau High School, Switzerland where teachers nurtured his curiosity and encouraged him to ask a lot of questions and even express criticisms. He not only became popular among his classmates but imagined what it would be like to ride a light beam, paving the way for his later theory of relativity.

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Three Ways Diversity Boosts Your Innovation Strategy

IdeaScale

Many voices lead to greater innovation. What does diversity have to do with innovation? Some may argue the two are just buzzwords, but they’d be wrong. There can be a real, tangible effect with broader voices when it comes to innovation, both in the sense of better products and better marketing. Many Perspectives Offer Better Products. How often do you hear the phrase “Everybody does it?

Strategy 205
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The Essential Connection Between Strategy and Innovation

Paul Hobcraft

Most organizations are seeking solutions to the necessary connections between Strategy and Innovation. The connection between the two are often broken. Often it is within the strategies that should be outlined, lies the potential new spaces to play for innovation’s design. Yet how often do we fail to connect the innovation’s we design and execute specifically aligned to the strategic need?

Strategy 203
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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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Innovation vs. Invention vs. Creativity

Braden Kelley

There is so much talk about innovation these days, it’s hard to sometimes distinguish the signal from the noise. In fact, the word innovation gets thrown around so much that it leaves people wondering: What’s really innovative?

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Here’s Why Your Innovation Strategy Will Fail

Digital Tonto

Many organizations get stuck because they end up locking themselves into a single strategy. That's how they get disrupted. Related posts: There Is No One True Path To Innovation. Apple’s Innovation. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

Strategy 179

More Trending

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What is Design Thinking? Extensive interview with Tom Kelley from IDEO

Idea to Value

One of the most important figures in the field of Design Thinking is Tom Kelley, one of the heads of IDEO along with his brother David. Recently, Tom was interviewed by High Resolution (video above) about his thoughts on Innovation and Design Thinking. Main points discussed in the interview: Design isn’t a thing, it is a mindset, which you can use to focus on any type of challenge.

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What Kind of Company is a Good Fit for Crowdsourcing?

IdeaScale

DICK’S Sporting Goods was founded in 1948 and continues to be a family run business today with over 600 stores nationwide. Nowadays, however, Dick’s Sporting Goods has 37,600 employees worldwide serving its founding brand and its subsidiaries and is one of the largest sporting goods retailers in the world. After 69 years of growth, Dick’s is a great company ripe for crowdsourcing and they launched their first company-wide ideation platform last year.

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We are in need of a common language for innovation

Paul Hobcraft

German Late Medieval (c. the 1370s) depiction of the construction of the tower. Any innovation common language needs working upon. It firstly needs recognition it is in our best interests to find a common point. It needs to be relevant to each of us, it must be current, appropriate, accurate and highly visible throughout the entire organization. It also needs to be allowed to grow and flourish, to evolve and become the lingua franca of all our innovation work.

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Strategic cost-cutting is not dead, and we are here to prove it

Exago

Leaders with a clear vision tend to use cost-cutting and improvement to align costs with business strategy. The trend gained ground in the last decade, as world turmoil intensified and growth became a more elusive and complex goal to reach. The post Strategic cost-cutting is not dead, and we are here to prove it appeared first on www.exago.com.

Trends 167
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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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Best of the Bonn Forum: Creating and sharing value

HYPE Innovation

Tapping into the collective wisdom of this amazing crowd was both a humbling and rewarding experience. Nadine Roijakkers, my workshop co-host, and I came away energised by everything we saw and heard, especially in terms of blending theory and practice. Most of all, we came back feeling hopeful: industry and academia do mix. In fact, they are obliged to inform each other.

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What accelerates innovation

Jeffrey Phillips

Lately I've been reading about the efforts to build or create innovation accelerators. Universities, businesses and even cities and regions are talking about innovation and the need to create accelerators or innovation enablers. I'm glad that everyone is excited about innovation, and that they want to provide the means to help it flourish and help it move more quickly.

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The most important HR document in the history of Silicon Valley innovation

Idea to Value

In Silicon Valley, there is a document which has become legendary. It is a document which outlines some of the company and HR policies which have created a company which completely disrupted an industry sector. And much of its value comes from the fact that it contains policies which seem so ridiculous in theory, but end up being so effective in spurring a culture of innovation and the trust which underpins it.

Policies 151
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Crowdsourcing vs. Open Innovation: What’s the Difference?

IdeaScale

Open innovation vs. crowdsourcing can be a tough call. What’s the difference between crowdsourcing and open innovation? It can feel like a simple question, but it’s a bit more complex than you might expect. Here’s a deeper look at how these two concepts differ. Crowdsourcing Vs. Open Innovation. The key difference between the two is the audience.

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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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Fusion, Flow and Fluidity are needed in our Management Practices

Paul Hobcraft

We are caught in a real tug of war within much of what we do in business today; in our responses and reactions to many of the dramatic business conditions we are facing, many deteriorating or being challenged by greater global competition. We are facing a very uncertain future if we base our actions on past practices. We need a new management model, one where we are pushing to seek increasing new knowledge.

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Putting the Daily Innovation Model together

Exago

We've seen how you can locate your position in the Daily Innovation Model, built to help companies see innovation as a daily function of their job. When we place the continua on two axes - incremental to radical and process to product - things get interesting and we end up with four quadrants. The post Putting the Daily Innovation Model together appeared first on www.exago.com.

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All Great Innovators Have One Thing In Common — They Stick It Out

Digital Tonto

They have the courage to grind it out long after many others would have given up. Related posts: Truly Great Innovators Do These 4 Things. The Most Important Thing That Great Innovators Do. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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Failing Fast Leads to More Failure

Braden Kelley

One scary statistic is that 70% of change initiatives fail. An overwhelming proportion of new product launches fail. Most new businesses fail. The sad fact is that failure is all around us.

Change 130
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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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Podcast #015 Samuel West – What can we learn from the museum of failure?

Idea to Value

In this episode of the Idea to Value Podcast, I speak with Samuel West, the creator and curator of the Museum of Failure in Helsingborg, Sweden. The Museum of Failure is a collection of interesting innovation failures. The majority of all innovation projects fail and the museum showcases these failures to provide visitors with a fascinating learning experience.

Learning 147
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Managing Expectations in Innovation Management

IdeaScale

One of the most effective ways to engage your crowd is to demonstrate commitment to turning their ideas into real value and impact. However, this can present some challenges for innovation managers. Some concerns we have heard from innovation managers: “I do not want to overpromise what we’re going to do with people’s ideas.”. “What if the ideas are in a focus area we’re not even working in?”.

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Advancing My Applied Innovation Thinking

Paul Hobcraft

I wrote a post “ Needing to Think Applied Innovation Services ” recently, it was extending my view that innovation needs to change. We need to think of innovation in different ways, we need to automate it and in addition augment it. I suggested in that post “we need to pull down what is needed” and design a totally ‘adaptive’ innovation process to fit a specific need.

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Interview with Cary Hobbs

Destination Innovation

My interview with an old colleague from Ashton-Tate days, Cary Hobbs. He tells how he had Elvis Presley on his radio show, his career and love of music. [link]. The post Interview with Cary Hobbs appeared first on Destination Innovation.

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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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Innovation Programs In Schools Can Help Kids Learn More Than Just Facts

Digital Tonto

We need to shift from an educational system that values what you can answer to one that values what you can ask. Related posts: 4 Government Programs That Drive Innovation. How We Should Prepare Our. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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Change Planning Toolkit™ Ask Me Anything Transcript

Braden Kelley

On Thursday, June 8th I took all questions about the Change Planning Toolkit™ on TWITTER via hashtag #cptoolkit and my contact form. Here were the questions and the answers: 1.

Change 124
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Silent Geniuses: Why we need more respect for the creativity of introverts

Idea to Value

Share this post with anyone who you know who wishes that they had the courage to speak up and let people know about their ideas. Imagine what you think a “creative person” looks like, and what they behave like. Chances are, you probably have a picture of someone coming up with lots of ideas. Maybe someone very energetic and talented, in the middle of a performance in front of thousands of people.

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Is It Possible for Companies to Over-Innovate?

IdeaScale

Remember when this was the height of innovation? Is it really possible to “over-innovate?” It seems baffling, on the face of it. What’s wrong with “too much” creativity and thinking ahead. The answer is that there’s a question of balance. Innovation drives a company, but no company can live on innovation alone. Innovation has to be done with perspective , or else you’ll find yourself building a brilliant product that nobody actually wants.

Company 150
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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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3 Questions When the Innovation Strategy ROI Doesn’t Satisfy the Boss

BrainZooming

We were listening in on an internal innovation strategy call conducted by one of our clients. The team was wrestling with a concern voiced by the organization’s senior leader that its complete innovation portfolio wasn’t capable of yielding the financial impact he is seeking. The key question was, “Where’s the beef with this innovation strategy?”.

Strategy 117
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Four Models of Intrapreneurship Innovation

Integrative Innovation

Research shows that growth fueled through organic innovation is more profitable than growth driven by acquisition, in part because the organizational capability required is vastly different. But the litmus test is: How can established organizations build successful new businesses through corporate entrepreneurship, also referred to as Intrapreneurship , on an ongoing basis?

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Is Big Data Doing More Harm Than Good?

Digital Tonto

The truth is that no amount of complex tables and graphs can hide the fact that humans, with all of their faults, lie behind every system. Related posts: If Big Data Is To Live Up To Its Promise, [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

Big Data 117
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Join Me at the Virtual Change Management Summit 2017

Braden Kelley

On July 12, 2017 I will be speaking at Change Management Review’s Virtual Change Management Summit 2017™, a curated collection of brand new pre-recorded global webinars bringing thought leaders and senior practitioners in the change management profession together.

Change 0
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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.