April, 2018

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Is Your Innovation Problem Really a Strategy Problem?

Tim Kastelle

Note: this was originally posted on Harvard Business Review Blogs , with terrific editing by Sarah Green Carmichael. Sometimes, the problem that we think we’re solving isn’t the real problem that we face. I was running a workshop with a multinational engineering firm when I ran into a perfect example of an air sandwich, which illustrates this point.

Strategy 249
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Planned Change Management: What It Is and Why Innovation Managers Should Care

HYPE Innovation

We talk a lot about change here in this blog, and most of it refers to change through innovation.

Change 153
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9 Way Bailey’s Irish Cream Can Help You Innovate

IdeaScale

It’s a cold, wet Spring, so let’s take a moment (and a sip or two?) to reflect on how great ideas become reality. Specifically, let’s consider the invention of Bailey’s Irish Cream and what it can teach us about idea management strategies that can support and amplify successful ideas. On December 3rd, 2007, Diageo announced the sale of the billionth bottle of Baileys since it was first introduced in 1973.

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Innovation – More Powerful Than Marketing?

Innovation Excellence

What always surprises us when working with big companies is that innovation is usually primarily seen as a growth tool. It is less commonly talked about as a brand-building tool. That’s usually seen to be the domain of big advertising campaigns that supposedly land enduring brand values.

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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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Learning a new innovation language

Paul Hobcraft

We all in the middle of a re-orientation of our ways to undertake innovation as a process and in its design. The past belief that a product was your island and pathway to secured profits no longer works. We are learning to connect in completely different ways. We are learning how to interact with a connected system as products move into products and digital, connected and combined.

Learning 189
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Fatigue and Complacency: The Bane of Inspiration and Innovation

Innovation Excellence

Oftentimes, an entrepreneur or an employee’s greatest strength also acts against them as their greatest weakness. While this duality isn’t always easily expressed, nowhere is it more apparent than in the budding, overzealous worker who burns bright, and then burns out. Workplace fatigue is a more persistent problem in the global economy than you might.

More Trending

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The Disrupted or the Disruptor: Pick One

Daniel Burrus

What comes to mind when you hear the term “disrupt”? Does it suggest chaos, lack of direction or other unsettling events? Or do you see it from the other side of the coin—when you’re the one causing the disruption and, as a result, leveraging the opportunity that results? If your organization has an anticipatory mentality, disruption is often synonymous with opportunity—that is, if you’re able to accurately anticipate the future and plan to act on it accordingly instead of merely reacting.

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How to be More Innovative by Winning the Brain Game

Innovation Excellence

Brainstorming. Problem Solving. Creative Thinking. These are all characteristics shared by the successful business professionals. However, you would be surprised to know that even the most successful businesspeople hold themselves back creatively because of ingrained patterns and “fatal flaws” in the way that we approach thinking.

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A week in the life of an Innovation Consultant

Board of Innovation

Read More. The post A week in the life of an Innovation Consultant appeared first on Board of Innovation.

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Is your creative leadership style hopeful?

BrainZooming

I have (finally) written a book on creative leadership. We’re wrapping it up in the coming weeks. The book, Idea Magnets – 7 Strategies for Cultivating & Attracting Creative Business Leaders , emerged from my experiences working with and knowing Idea Magnets throughout my career. They are creative leaders that share bold visions from which they generate incredible creative ideas and motivate others drawn to the amazing creative energy they generate.

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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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Which pace of change to align to?

Jeffrey Phillips

You've heard it before - the pace of change is accelerating. I can present all of the technology adoption charts , the fascinating nuggets of data that tell you how quickly different products or technologies were acquired by millions of customers. And so on and so on. You already know this. Change is real, and change is accelerating. Whether we are talking about change in your global markets, in your industry or in your customer base, change is everywhere.

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The Four Steps to Building A Culture Of Innovation

Innovation Excellence

A Culture Of Innovation doesn’t just happen. It has to be built. Here’s How. I’ve often had CEOs tell me, “I want to build a culture of innovation. Can you come in and put one in place?” I feel like a Navy Seal called in to somehow covertly free the company from the shackles of.

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The Way to Successfully Share a Strategy

BrainZooming

(Adapted from Inside the Executive Suite by Armada Corporate Intelligence). Two junior team members in chief of staff / program manager roles asked how to best align with senior leaders to successfully share a strategy across an organization. Each was concerned about having enough regular access to senior leaders to feel comfortable in delivering consistent communications relative to what they would be saying in other forums.

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Innovation Is Never One Thing (Actually It’s 3 Things)

Innovation Excellence

Every entrepreneur dreams of having that single moment of epiphany where everything falls into place. Many search for their entire careers for that one big idea that will make the difference between incredible success and frustrating mediocrity. Few ever find it and many that do end up crashing and burning along the way. The truth.

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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 future of explore and exploit

Jeffrey Phillips

In my last two posts I examined the origin of explore and exploit , and where it has taken us so far in the innovation space. In this post I want to explore why everything we believe about explore and exploit from a strategic and business model perspective is increasingly wrong, and what innovators and strategists need to do now in order to compete effectively in the future.

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This Innovation Strategy Gap Should Keep You Up Every Night

BrainZooming

We facilitated a two-day innovation strategy workshop for nearly two hundred members of a prominent, long-established brand’s marketing organization. The innovation strategy workshop covered a variety of topics related to disruptive innovation. Prior to our Brainzooming workshop , a tech speaker addressed external innovation opportunities and challenges facing the brand.

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Insights for Innovators from the Founding of Google

Destination Innovation

In 1973 a married couple, Mr and Mrs Page, who both worked at Michigan Sate University were blessed with a son. The father was a Professor of Computer Science and the mother taught programming. They called their son Lawrence though he was known as Larry. At the age of six the boy was given a home computer, one of the very first models, and soon he was programming.

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Top Themes from Open Nation DC

IdeaScale

IdeaScale Gov hosted its first-ever Open Nation DC April 12 at the WeWork White House location. For us at IdeaScale, Open Nation is always our favorite week of the year. We’ve been hosting a company-wide Open Nation event in Berkeley for three years now. Open Nation DC was the first spinoff, a gov-focused version situated in the heart of IdeaScale gov work: Washington, D.C.

Policies 145
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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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The Dynamics within Agility.

Paul Hobcraft

There has been an awful lot to absorb when it comes to skills and how organizations need to be designed for the future. The suggestions have come ‘thick and fast’ from so many sources. The number of helpful reports, observations and suggestions are constant and becoming overwhelming to translate effectively. How can we map a new pathway for shifting current practices and transform them?

Agile 133
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What’s New In Corporate Innovation April 2018

Imaginatik

Tech Giants Brace for Europe’s New Data Privacy Rules (NY Times). 23 years is an eternity in the world of tech, even more so when waiting for best practices in handling confidential data. That’s how long it has been since legislation surrounding the handling of the personal data of EU residents has been reviewed. But with May 25th and the implementation of General Data Protection Regulation or GDPR, set to unify regulation across the continent, Tech giants across the globe have been working tire

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Exploring and Exploiting for Innovation (part 2)

Jeffrey Phillips

If you are following along, I'm writing a series of posts about the opportunities and challenges with the way we think about and implement the concepts behind explore and exploit. In my first post I wrote a short introduction to the topic. In that post I looked at the history of exploring and exploiting, which I'll suggest comes from the conquest of the new world by the Spaniards, when Columbus and others explored, and the Spanish government exploited the opportunity for centuries.

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We Need To Rethink Innovation For The 21st Century

Digital Tonto

It’s better to prepare than adapt because, by the time you see the need to adapt, it may already be too late Related posts: We Need 21st Century Solutions For 21st Century Problems. The 5 Powerhouse. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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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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The Top Ten Risks for Business

Destination Innovation

The top ten business risks according to a survey by Aon. Short video. Failure to innovate is #3. The post The Top Ten Risks for Business appeared first on Destination Innovation.

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Can Ideation Build Community

IdeaScale

Ideas pull us together. The history of communities shows they’re formed around ideas. Those ideas can be anything from colonizing space to just the idea that this particular place on the ocean would make a good port, but underlying any community is a strong idea. And gathering and refining ideas can be a good way to construct a community around your brand.

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Step 4: Overcoming fears over cost-cutting within your innovation agenda

Exago

Typically, cost-cutting is an expression that frightens employees. It often suggests salary reductions, job cuts and increased individual workload. When introduced in your innovation agenda, you should thus ensure that both real needs and strategy are understood across the organisation, consistently framing any cost-cutting goals. The post Step 4: Overcoming fears over cost-cutting within your innovation agenda appeared first on Exago.

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The One Where Young Innovation Managers Had Their Say

HYPE Innovation

Yes, the title shamelessly alludes to the "Friends" television series. And yes, this will be an atypical blog post.

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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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Winning the explore:exploit game

Jeffrey Phillips

So we come to the ultimate post on explore and exploit, at least for now. In past posts we've looked at the origin of explore and exploit , the emergence of true innovation explorers like Edison, Bell and a host of others. We've noticed the rise of the corporation to exploit the discoveries of said explorers. Last but not least we touched on the future of explore and exploit and how it might upset existing business models and organizational structures.

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How GE Got Disrupted

Digital Tonto

If you don't explore, you won't discover. If you don't discover you won't invent. And if you don't invent, you will be disrupted. Related posts: The Silver Bullet Myth. Why Managers Now Need To. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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Today’s Common Practices will become Obsolete

Destination Innovation

Joseph Lister. In 1865 an eleven year old boy, James Greenlees, was run over by a cart in Glasgow. He was rushed to the Royal Infirmary with a gashed leg containing a multiple fracture. The normal outcome of this kind of injury at the time was either amputation or death through infection (or sometimes both). Fortunately for Greenlees, the surgeon who treated him was Joseph Lister, At that time doctors thought that infection or sepsis, as it was known, was caused by ‘bad air’.

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Last Day to Submit to the CEC’s Youth for Innovation Challenge

IdeaScale

Last year, the Commission for Environmental Cooperation launched a fantastic challenge with inspiring results. Youth from across North America shared incredible ideas that included creating concrete from recycled plastic or powering grocery stores on food waste, and more. To learn more about last year’s challenge and winners, you can read the full case study here.

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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.