February, 2017

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How Corporates can use the Lean Startup and Business Model Canvas

HYPE Innovation

The Lean Startup is a hot topic for organizations right now, so we asked a practitioner - Justin Souter, of Souter Consulting - to help readers get a handle on the elements of the Lean Startup framework, and provide some lessons from the field. The post is in four sections: 1. Where to begin with Startups and Corporate innovators. 2. How to make effective decisions while 'in flight'. 3.

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The Eleven Change Roles

Braden Kelley

Change is Hard Change can be complicated, change can be confusing, and change can be difficult to successfully implement in any organization. This is why 70% of change initiatives have been found to fail.

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If You Want to Be Innovative, Innovate

Tim Kastelle

Too many people want to make their organisations more innovative without going through the pain of actually changing anything. This does not work. In an interview on Tim Ferriss’ podcast , Jocko Willink says: If you want to tougher mentally, it is simple: be tougher. Don’t meditate on it. It’s the same with innovation. If you want to be innovative, it is simple: innovate.

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Reframe the Problem by replacing Logic with Emotion

Destination Innovation

In business we are trained to be analytical. We respect data, targets, percentages, market shares and ratios. MBA students analyse case studies with detailed spreadsheets. We frame problems in terms of metrics and numbers. For example we might ask: How can we increase sales by 10%? How can we double brand awareness in our target market? How can we reduce the time to develop new products from 10 months to 6 months?

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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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The Innovative Mentor

IdeaScale

Mentors see themselves as people developers. They take a long-term view of their staff and see innovation projects as an opportunity to stretch their employees’ capabilities and to help them achieve their aspirations. Depending on the scope of their ideas, innovators’ careers can be significantly shaped by this journey. The M entor Role in I nnovation .

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Reflecting on our innovation practices

Paul Hobcraft

Innovation has been rapidly changing and much of its basics have been swallowed up by some newly defining frameworks that have raced up to the top of the innovation agenda. They have driven much of our thinking and reacting. It is right that we all respond to these but we often forget much of the rest of what innovation needs to be built upon. The problem or challenge with this focusing upon ‘breaking’ practices or new methodologies, are they can be so much harder to master and build them into e

More Trending

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Insights from the Gartner CIO Survey

HYPE Innovation

Gartner’s annual survey of CIOs reaches out to 2,944 individuals from across 84 countries. It’s a useful barometer for the state of digital transformation, and technology support for innovation. CIOs have increasingly found themselves at the intersection between supporting the technology needs of the legacy business, and pushing change to transform the business going forward.

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Creativity in the music spectrum, and how that translates to business

Idea to Value

As part of a big (secret) project I’m working on, I recently had a very interesting conversation with one of my colleagues, Peter Cook (previously interviewed on this Idea to Value Podcast). In it, we talked about the similarity between the different types of creativity which exist in the music industry, and how there are clear parallels to how many businesses operate and generate ideas.

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How will we Solve Problems like Global Warming?

Destination Innovation

The great advances mankind has enjoyed in health, prosperity, food production and longevity are largely taken for granted. Around one billion people have been taken out of extreme poverty in the last 20 years. The march of progress in technology is remarkable – the computing power in your mobile phone is many times that which first put men on the moon.

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Improving Workforce Engagement in Your Purpose-Driven Workplace

IdeaScale

It’s clear that consumers care about quality and price when purchasing products and services. However, did you know that company reputation and social responsibility, rank immediately after those two factors? And, when it comes to workforce engagement, exceptional employees care about work that has a positive impact on society. As a business, you need to satisfy both the consumer and employee side of the equation if you want your shareholders to be happy.

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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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The New Game Or Is It? Asset Orchestration

Paul Hobcraft

In a recent post over on a dedicated website for discussing ecosystems and platforms, I was discussing the differences between Amazon and Alibaba. I quote “I’d say Amazon are “ asset heavy ” whereas Alibaba remains “asset light”. They might be operating at the two ends of the current internet trading spectrum and are coming from different market maturity positions but it is the asset management that is becoming critical for delivering the profit or dragging performance.

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A step-by-step guide to defining your innovation challenges

Exago

How exactly can you establish and structure your innovation challenges? We give you a hand with our Idea System Launch. The post A step-by-step guide to defining your innovation challenges appeared first on www.exago.com.

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Innovators will win with seamless experiences

Jeffrey Phillips

I've written before, both on this blog and on the blog I share with Paul Hobcraft about platforms and ecosystems about the need for seamless experiences. Innovators often create technologies or products, which have interesting capabilities or features, but rarely do they think through the actual use of the products and understand how they fit in with other products, services, infrastructure, channels and data that exist in a customer's life.

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Effective Co-Creation - A Guide to Open Innovation Programs

HYPE Innovation

Open Innovation is a challenging task for any company. Yet it yields great opportunities, and in this new world of digital transformation and rapid change in traditional markets, it's an approach CINOs have to consider. But how do you get started, and what do you have to consider to make it a sustainable part of your transformation strategy?

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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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Keep it Simple – Like the Original Spreadsheet

Destination Innovation

Dan Bricklin was a student on a Harvard MBA course who struggled with all the models and calculations that the case studies required. In 1979 he invented the world’s first spreadsheet, Visicalc, in order to make his life easier. Initially Visicalc was available only on the Apple II computer – whose success is largely attributable to this exclusivity.

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Five Tips for Cultivating Creative Thinking on Your Team

IdeaScale

Creativity is the great untapped resource on any team. How do you bring out the creativity of your team? It’s one of the harder questions to answer in innovation management, but it doesn’t have to be. With some smart thinking and careful decisions, you can bring out the best in your team. Be Open. Creativity is encouraged, or discouraged, by leadership.

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CEO has great talent of recognising great ideas and ruining them (Spoof video)

Idea to Value

Sometimes, a well-meaning boss just gets in the way. Check out this funny satire video by The Onion (above). In it, a news report shows interviews with staff about how talented and amazing their boss is. However, in this scenario, it just so happens that his talent is in taking good ideas and ruining them. “He’s just incredible at picking out the best proposal, watering it down, putting the wrong person in charge of it, and then abandoning the whole thing once it’s clear that he’s created a comp

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4 Things You Need To Build An Innovative Culture

Digital Tonto

We tend to think innovation is about ideas, but it depends on people even more. Related posts: How to Build an Innovative Culture. How To Build An Effective Culture. Building Creative Collaboration. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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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 to tell if innovation matters to your CEO

Jeffrey Phillips

Thank the good folks at PWC for their latest survey of executives about innovation. The new article, optimistically entitled " Unleashing the power of Innovation " was recently published and surveyed approximately 250 senior executives about innovation. While interesting, there's not a lot "new" in the survey, and the authors give away the biggest challenge in the overview, by stating that: the problem is that while the eyes of the CEO are fixed on innovation, the body of the organisation may no

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Building Differentiating Capabilities for Innovation

Paul Hobcraft

We so often get caught up in the building of our capabilities. In some ways, I keep attempting to “peel the innovation onion” in explaining the need to focus on building the capabilities in different ways but to be honest it needs these various approaches to an ever-changing environment. A different intensity of innovation onion perhaps?

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Ten Top Tips for Success with Open Innovation

Destination Innovation

Traditionally businesses developed all their new products in-house using ideas that came from their Marketing or R&D departments (or sometimes the MD’s pet projects). Increasingly this internal focus is being replaced by a more powerful and effective approach – open innovation (OI). OI involves harnessing the ideas and development capabilities of outside partners to bring new products, services and methods to market quickly and profitably.

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Barrier Buster: Clearing the Way for Breakthrough Ideas

IdeaScale

Innovation leaders must master a wide range of skills in order to enhance the innovation potential of their teams. Often, managers are required to play the role of a barrier buster to ensure the team’s creativity delivers bottom line results for the business. Some of the responsibilities they assume in this role include: Providing the necessary time, space, tools, and data for your staff to innovate.

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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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Elon Musk shows how you can turn a Twitter complaint into a solution in 6 days

Idea to Value

Elon Musk is proving to be a wonderful example of how innovative a company leader really can be. Not only is he disrupting several industries with his Tesla and SpaceX companies, but he is constantly pushing his companies to the boundaries of what is currently possible. Not only this, he just showed everyone another example of how social media can actually be used effectively to find new ways to improve your offering.

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Visa and Exago’s partner launch programme to accelerate Brazilian fintechs

Exago

Visa and Kyvo, an Exago consulting partner, are looking for Brazilian financial technology start-ups to participate in Track, the new business acceleration programme. The post Visa and Exago’s partner launch programme to accelerate Brazilian fintechs appeared first on www.exago.com.

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Why IBM Bets On Patents

Digital Tonto

Freedom of action has a lot to do with it. Related posts: How IBM Innovates. There Is No One True Path To Innovation. The Open Economy. Great Companies Don’t Adapt, They Prepare. Apple Is Not. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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Career Strategy: Dear Job, I Can’t Quit You

BrainZooming

Are you in a job that looks, from the outside, as if it is perfectly stable, engaging, good paying, and the kind of position that people in your profession would die to get? Yet you, as the person in the job, feel trapped, under siege, and desperate to do almost anything else, but you can’t leave. What’s up with that? Maybe it’s golden handcuffs, or you’ve been trying to find another job for a long time, but you can’t land anyplace.

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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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How to Tell If Innovation Matters to Your CEO

Innovation Excellence

Thank the good folks at PWC for their latest survey of executives about innovation. The new article, optimistically entitled Unleashing the power of Innovation was recently published and surveyed approximately 250 senior executives about innovation.

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The Business Case for Open Innovation

IdeaScale

Open innovation means better business. Making the business case for open innovation can be an uphill climb. And to be fair, if you’ve got the best team, the best technology, and the best ideas, you might wonder why you need it. Here are just a few reasons open innovation is for everyone. New Perspectives and Ideas. Any organization, however nimble it is, is only as innovative as the perspectives under its tent.

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I highly recommend you check out the free Work Smarter Summit

Idea to Value

Get your free registration to see 40+ experts tell you all they know about working more effectively. Hi everyone, In a few weeks, I will be speaking at a unique, free, online summit called the Work Smarter Summit. Join 40+ world-class experts who share their proven tactics for getting more done, earning more money, and living a life of purpose and productivity.

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Amazon’s Alexa Growth Engine

Daniel Burrus

In past articles, I have written about how Amazon is a great example of a large Anticipatory Organization. Rather than focusing on agility—reacting faster than competitors—these companies have learned to identify the Hard Trends that will happen and use them, as well as other Anticipatory Skills, to drive exponential innovations at a reduced risk. A recent example is Amazon’s Echo, the first product that put its intelligent digital assistant Alexa similar to Apple’s Siri, Google Now and Microsof

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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.