July, 2015

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Innovation is Human

Braden Kelley

In many ways organizations are like humans, and others have described organizations and organizational change in biological terms before. But this biological context applies to innovation as well, and I’d like to put it forward quickly in simple terms.

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Business Model Innovation? July Retail Deals are the new Black (Friday)

Leapfrogging

In the style of summer action movie blockbusters – a summer battle went down between Amazon and Walmart. Both retail giants offered discounts and promotions to rival those only seen during traditional Black Friday sales. These sales created the kind of hype associated with summer blockbusters and put the marketing punch for the new Terminator to shame.

LEAN 100
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The new threshold of corporate revolution

Exago

First, technological revolutions changed operating models. Next day, reorganised business models. The third wave is now forcing management models to evolve. Tomorrow’s success stories will be those of companies whose DNA and best practices enable them to transform their different. Read More. The post The new threshold of corporate revolution appeared first on www.exago.com.

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Innovating: So What Is Possible?

Paul Hobcraft

Often we forget to frame what we want to really achieve in our innovation activity, instead we simply dive in and start innovating. I believe until we know what solutions we feel we need or the market wants, we will more often than not, end up disappointed in our innovation solutions. Simply generating ideas, for ideas sake, just does not cut it at all.

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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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Innovation: We'll know it when we see it

Jeffrey Phillips

I'm back on my definitional soapbox again, so if you've had enough of my diatribes on the importance of defining innovation, I'm sure there's an interesting international market melting down or a distracting political movement somewhere. There. Now that all the folks who aren't interested in defining innovation have skipped away to other destinations, we can get down to serious business.

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Nomination Wanted: 2015 Thinkers50

Matthew May

Not until this year’s Thinkers50 nominations would I have ever given the possibility of being nominated a glancing thought. I consider myself to be more of a solid practitioner of others’ ideas than a high-concept thinker. My three areas of focus — strategy, innovation, and lean — are all founded on the ground-level, everyday application of Roger Martin’s Play-to-Win framework (strategy), IDEO/Stanford d school-originated design thinking (innovation), and Toyota-bor

LEAN 158

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Business Model Innovation? July Retail Deals are the new Black (Friday)

Leapfrogging

In the style of summer action movie blockbusters – a summer battle went down between Amazon and Walmart. Both retail giants offered discounts and promotions to rival those only seen during traditional Black Friday sales. These sales created the kind of hype associated with summer blockbusters and put the marketing punch for the new Terminator to shame.

LEAN 122
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How to build and train your internal army of innovators

Exago

We’ve seen how collaboration and collective intelligence are key to shaping your company’s future. Since you’ve not been given an army of trained consultants, you need to find creative ways to build your own. Ongoing training programmes that ‘produce’ innovation. Read More. The post How to build and train your internal army of innovators appeared first on www.exago.com.

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Making an impact on an organization’s innovation environment

Paul Hobcraft

Where do you set about to intervene and begin to change the organizations ability to innovate? There are seemingly so many intervention points it can get bewildering. The innovation environment can be made-up of how well you collaborate and network, the level of group and individual interactions, the presence and commitment of leadership towards innovation, as well as the organizational set-up and structures.

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Three principles to help you generate better ideas

Jeffrey Phillips

It's interesting to me how little we appreciate the depth of knowledge and discipline that has been developed over the years where innovation is concerned. Recently a client asked me where we (OVO) based our methodologies. I told her that like most innovation consulting firms our foundations are based on work done in the 1930s and thereabouts by Alex Osborn.

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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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What Apple Can Learn From Tires

Matthew May

I am happy to see more and more companies providing product information in a form that is actually meaningful to people. I’m not sure why so many companies delight in listing the technical specs of their products, as if they relate to anything remotely useful to human beings trying to make a decision in the real world. Take, for example, Apple. Nearly all of the information they provide requires at least one step to translate into something meaningful.

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Which is the Greatest Invention of All Time?

Destination Innovation

Johannes Gutenberg. Which invention or innovation has had the most positive impact on the development of civilisation and the greatest benefit for mankind? A strong contender is the printing press. Johannes Gutenberg (1398 – 1468) was a German blacksmith, goldsmith and printer who invented the printing press and movable type. Before Gutenberg all books had been hand written or stamped out with fixed wood blocks.

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13th Annual Change Management Conference Wrapup

Braden Kelley

Recently I had the opportunity to attend the 13th Annual Change Management Conference in New York, NY, hosted by The Conference Board. The event represented a convening of 200+ change management professionals from around the United States.

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The future of work: leveraging the power of your collective intelligence

Exago

Companies with the most engaged employees tend to have a larger profit margin. Gallup, a global management performance consulting company, also noted that the higher the engagement of all workforce, the greater the earning per share in companies in the. Read More. The post The future of work: leveraging the power of your collective intelligence appeared first on www.exago.com.

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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 get ridiculously cheap business-class airfares.

Xplaner

If you know me, you know I hate traveling internationally. I mean, I like being in wonderful places but generally, I hate the process of getting there. That’s why I was excited to learn that business-class airfare doesn’t have to be expensive.

How To 76
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What's really happening with innovation day to day?

Jeffrey Phillips

I've seen a number of surveys from many of the leading suspects, all of which tell us a lot about what executives think about innovation. Mostly, they are for it, and think there is much more work to be done. My experience with most large organizations is that executives are so busy with so many different priorities that they often think that more is happening, on all of their priorities, than is actually happening.

Survey 193
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A Strategy Test: Does It Nest?

Matthew May

A few days ago, as I was waiting for an item I purchased in my local Apple store to be brought out to me from the back of the store, I had the opportunity to observe Apple’s frontline strategy be played out in front of me. It revolved around another floor associate assisting a gentleman considering the purchase of an Apple watch. Now, you might be thinking, what possible strategy would or could an Apple associate on the floor really need?

Strategy 184
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Can you innovate with the under-utilized assets in your business?

Destination Innovation

Sometimes the by-product, the surplus or the unwanted extra can become the unexpected success. All it takes is a little imagination. Brandy was originally a by-product used to help transport wine. In the middle ages in France duties were levied on the volume of wine being transported. Merchants boiled off water to concentrate the wine so as to reduce the taxes they paid.

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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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Death of the Chief Innovation Officer

Braden Kelley

Among my innovation peers, we have talked about how crucial executive commitment is, and some organizations have responded by hiring Innovation Managers, Innovation Directors, VP’s of Innovation, and Chief Innovation Officers (CINO’s not CIO’s so there is no confusion with … Continue reading →

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All Your Mental Models are Obsolete

Mike Shipulski

Even after playing lots of tricks to reduce its energy consumption, our brains still consume a large portion of the calories we eat. Like today’s smartphones it’s computing power is too big for it’s battery so its algorithms conserve every chance they get. One of its go-to conservation strategies is to make mental models. The models capture the essence of a system’s behavior without the overhead of retaining all the details of the system.

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This is how launching on Product Hunt for the first time, hammered our expectations.

Board of Innovation

Last week, we launched our Business Model Kit to the Product Hunt community. It was the first time Nick and I launched a product on PH, so this blogpost is a great opportunity to look back on this (great) experience. Our Project Unlike many other projects on Product Hunt, our business model kit is not a new product. We had. Read More. The post This is how launching on Product Hunt for the first time, hammered our expectations. appeared first on Board of Innovation.

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Innovation is a cultural phenomenon

Jeffrey Phillips

There's really no easy way to say this, so I'll come right out with it. It's your culture that's holding you back when you try to innovate, but no one wants to admit that. Most consultants and executives want to focus on interesting innovation tools, or idea management software, or creative design concepts, because these are flashy and new, and distract attention from the real challenge at hand.

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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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WYOD: Is Your Organization Ready?

Daniel Burrus

Shortly after the launch of Apple’s iPhone, corporate Blackberry users started experimenting with the iPhone, and it didn’t take long before we began seeing office workers and executives juggling two phones – the Blackberry because they had to and the iPhone because they wanted to. Blackberry was focused on the corporate market and they designed the product for corporate communication and email systems.

Trends 48
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4 Myths About Crowdsourcing Innovation

Planview

You might have heard that crowdsourcing innovation is really hard to manage. Or that the business value won’t show itself right away, so it’s not worth the time and effort it takes to start a crowd-based innovation program. We’d like to set the record straight. Here are 4 crowdsourcing myths you’ve probably heard — and why you shouldn’t let them stop you from giving it a try. 1.

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Last Chance for Nominations for the 2015 Distinguished Achievement Awards

Braden Kelley

August 1st is the last day to nominate someone for a 2015 Thinkers50 Distinguished Achievement Award.

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How self-driving vehicles can fix the San Francisco housing crunch

Hutch Carpenter

In the San Francisco Bay Area, home prices have seen significant appreciation the last few years: Source: Paragon Real Estate Group. In the Bay Area, skyrocketing home prices and rents have driven people out of the area. They look for homes in further-out suburbs and exurbs , extending their commutes to work. And the Bay Area leads the nation in the percentage of people who are mega-commuters ( pdf ).

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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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Consumer Driven Innovation

Innovation in Practice

Innovation is all about creating products and services that make your company more competitive in the marketplace. Those actions typically include generating ideas , creating prototypes, building the business case, and getting alignment to launch. Marketers must develop a strategy to know where to focus their resources. They must segment, target, and position the offering.

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What Douglas Adams knew about innovation

Jeffrey Phillips

I'm a huge fan of Douglas Adams and his four part trilogy including the Hitchhiker's Guide to the Universe. I was such a huge fan that I convinced my son to read the books, and now he and I both know that 42 is the answer and we never go anywhere without a towel. If the previous sentence doesn't mean much to you, go read the books. They are worth it, believe me, for their humor, their typical British stiff upper lip response to the word and the paradoxes like the Improbability Drive.

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Incentivizing Innovation: Should I Offer Rewards for Good Ideas?

KindlingApp

Convincing your employees to submit ideas to an innovation program is a challenge we’ve written about extensively , but we usually discuss the problem in terms of preventing loss of engagement. That’s probably a consequence of our perspective—we're always thinking about innovation and understand that the value it adds for organizations is essential, rather than optional, so we often offer advice to keep participants from losing interest in submitting ideas.

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Capgemini’s Top 3 Takeaways for Crowdsourcing Innovation

Planview

This week, Corey Glickman, the Global Lead of Rapid Design & Visualization at Capgemini, joined the Spigit team to discuss how and why Capgemini is crowdsourcing innovation to power their $14B business. If you think that it’s challenging to create business impact from crowdsourcing, or are just too wary to give it a try, you’ll want to catch a recap of this webinar (full recording below).

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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.