April, 2023

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What it means to continuously improve: Definition and strategies

HYPE Innovation

How to define Continuous Improvement? Small steps matter, especially when they’re all taken in the same direction. And there are plenty of examples of innovations that have made a difference – not through a sudden big bang but, instead, through a slow, continuous attack on a problem. Driving incremental improvements may seem like taking only small steps, but those small steps combined can add up to big change.

Strategy 130
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What impact does sleep have on creativity?

Idea to Value

If you have ever felt challenged solving a problem, or struggled to come up with an idea, there is one piece of advice that many people would give: Sleep on it For hundreds of years, artists, scientists and entrepreneurs have told tales about how some of their best ideas came to them in their sleep, during their dreams. After all, dreams happen when we sleep.

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We require a more dynamic view of Innovation understanding.

Paul Hobcraft

So why is finding the right skills and competencies for innovation a real challenge but so essential? How do we know the critical skills, competencies and capabilities for innovation? Also, what are the additional dependencies for sustaining innovation capabilities that are becoming vital to understand so an organization can place the appropriate resources behind them, build upon a sustainable future and leverage these innovation dynamics?

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Here’s What It Takes To Change Someone’s Mind

Digital Tonto

The truth is that we can’t change anyone’s mind. Only they can do that. Yet as David McRaney explains in his new book, "How Minds Change," there are a number of new techniques that can help us be much more persuasive, but they don’t require brilliant sophistry or snappy rhetoric. They involve more listening than speaking, and understanding the context in which beliefs arise.

Change 208
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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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Navigating the Future of Work: The Importance of Adaptability and Continuous Learning

Tullio Siragusa

Navigating the Future of Work: The Importance of Adaptability and Continuous Learning As the digital age continues to reshape the workplace, individuals and organizations must adapt to thrive in the ever-changing landscape. The future of work demands a new set of skills and mindsets, with adaptability and continuous learning taking center stage. In this blog post, we’ll explore the importance of adaptability and continuous learning in navigating the future of work and discuss practical strateg

Learning 118
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How Continuous Improvement Influences Sustainability Efforts

Kainexus

Environmental sustainability is a critical issue facing the world today. While there are many ways to address this issue, continuous improvement offers an effective approach to help individuals and organizations achieve long-term sustainability goals. Continuous improvement involves constantly assessing and improving processes and systems to achieve better outcomes.

System 81

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You need to know your success criteria

Idea to Value

Recently, I was speaking with a corporate client about a challenge they were having with their innovation process. They had just run an idea-generation challenge and received a decent number of responses from their employees about new innovations they could pursue. The issue was that the company now had no idea which of the ideas should be taken forward.

LEAN 214
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Harnessing AI-Powered Predictive Analytics: A New Era in Decision-Making for Businesses and Society

helloFUTURE

The rapid advancements in artificial intelligence (AI) have ushered in a new era of predictive analytics, enabling businesses and organizations to make more informed decisions than ever before. AI-driven predictive analytics transforms decision-making across various industries, from finance and healthcare to supply chain management and marketing. In this article, we’ll explore the potential impact of… The post Harnessing AI-Powered Predictive Analytics: A New Era in Decision-Making f

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How Empathy Can Be Your Secret Weapon

Digital Tonto

Empathy, as powerful as it can potentially be, is widely misunderstood. It is often paired with compassion in the context of creating a more beneficial workplace. That is, of course, a reasonable and worthy objective, but the one-dimensional use of the term is misleading and limits its value. When seen only through the lens of making others more comfortable, empathy can seem like a “nice to have,” trait rather than a valuable competency and an important source of competitive advantage.

Culture 233
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What is the #1 Factor in Whether a Startup Succeeds or Fails?

Destination Innovation

Mesoamerican Wheeled Toy In Mexico archaeologists have found toy models made by the ancient Olmec peoples some two thousand years ago. What is remarkable about these models of animals is that they have little wheels on them so that children could push them along the ground. It appears that the Olmec people – one of the oldest known civilizations of the Americas – had invented the wheel.

Video 177
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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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10 Game-Changing Disruptive Innovation Examples That Will Blow Your Mind

IdeaScale

As technology continues to evolve, so do the ways in which businesses operate. Disruptive innovation examples are constantly emerging, changing the way industries function and altering the status quo. In this blog, we'll explore 10 game-changing disruptive innovation examples that are sure to blow your mind. 10 Game-changing Disruptive Innovation Examples Uber - Revolutionizing Transportation [.

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Constructing the innovation mandate

Paul Hobcraft

So often innovation struggles to be recognized for what it is. Innovation is a critical source of future competitive advantage. It is our ability to consistently capture, build and develop new ideas within organizations or in open collaborations with others that have a direct effect on revenue growth and the ability to provide future sustainability.

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Slowly getting more capable

Idea to Value

A few months ago, my wife and I had our first child ( not the child in the blog page image here). Now, I have never been a gym-freak, and noticed that my arms would quickly get tired after I carried them for only a few minutes. I worried what would happen when they quickly grew and got heavier. Would I soon be unable to hold them for more than a minute?

Training 191
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Meet KIS: A Longstanding IT Firm That Truly, Strictly Prioritizes Its Clients

Business and Tech

For 35 years, Keep IT Simple (KIS) has flipped the script on the IT-consulting modus operandi, jettisoning greed and subterfuge to opt for transparency, fairness, and a no-bull, client-first attitude. Launched by Sean Canevaro in 1988, KIS may seem like an anomaly in the B2B IT game, but the seasoned founder and CEO feels he’s just doing what’s right for the type of business he’s running.

Meeting 130
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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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We Need To Stop Fooling Ourselves And Get Our Facts Straight. That Takes Work.

Digital Tonto

In one of my favorite essays the physicist Richard Feynman wrote “The first principle is that you must not fool yourself—and you are the easiest person to fool. So you have to be very careful about that.” He goes on further to say that simply being honest isn’t enough, you also need to “bend over backwards” to provide information so that others may prove you wrong.

Data 228
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The Dangers of Conformity

Destination Innovation

Henri Tajfel Henri Tajfel was born in Poland in 1919. As a young man he left Poland because of restrictions on Jews in universities and went to France to study chemistry at the Sorbonne. At the start of World War II, he volunteered to serve in the French army and was subsequently taken prisoner by the Germans. He survived the war in prisoner-of-war camps but on his return home he found that his family and most of his friends, had died in the Nazi Holocaust.

Groups 177
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Top Continuous Improvement Tools for Your Business

HYPE Innovation

While innovation is typically perceived as one disruptive change that sets you apart from the competition, more often than not, innovation is an accumulation of many small improvements that eventually lead to a competitive advantage and all the other great things associated with innovation.

Tools 130
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Approaching Cross-sector innovation ecosystem collaborations

Paul Hobcraft

In a series exploring cross-sector innovation ecosystem collaborations, this is the third post discussing different aspects and the approach to this that needs to be taken as my suggested starting point. All the elements of skills, processes, tools, capabilities and behaviours are important in supporting an effective collaboration across sectors that might need to be involved.

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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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Revolutionizing the Industry: How These Driving Innovations Are Changing the Game

IdeaScale

Innovation has been the driving force behind some of the most significant advancements in modern history. From the invention of the wheel to the creation of the internet, innovation has enabled us to achieve new levels of progress and success. Today, driving innovation is more critical than ever before, as industries all over the world [.

Industry 130
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Poverty in prosperity: What can market creators learn from American poverty?

Christensen Institute

In the Global Prosperity research vertical of the Institute, we talk a lot about creating prosperity, specifically, shifting the conversation in development from poverty alleviation to prosperity creation. Although this is a very important point that we will continue to push forward, in this piece I’d like to acknowledge that, sometimes, even when we create prosperity there is still poverty.

Marketing 138
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We Expect Humans To Be Accountable. We Should Expect No Less Of AI

Digital Tonto

In 2020, Ofqual, the authority that administers A-Level college entrance exams in the UK, found itself mired in scandal. Unable to hold live exams because of Covid-19, it designed and employed an algorithm that based scores partly on the historical performance of the schools students attended with the unintended consequence that already disadvantaged students found themselves further penalized by artificially deflated scores.

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Unleashing The Superpower That Is Intrapreneurship

Innov8rs

Innov8rs | Intrapreneurship is a superpower that drives innovation for any organization, waiting to be unlocked. To harness this power, corporates should prioritize people whilst blending innovation and creativity with structure and focus. Embracing the chaos in between is crucial. Easier said than done? Read what Daniel Alexus (Head at Ericsson ONE) shared during our recent Innov8rs Learning Lab on Culture, Talent & Teams how they created a unique program that encourages disruptive innovati

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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 Create a Continuous Improvement Culture: Strategies and Examples

HYPE Innovation

Raise your hand if you don't want to continuously improve your organization.

Examples 130
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Deepening the Thinking Around the Innovation Mandate – part two

Paul Hobcraft

Building out the clarity of any robust innovations mandate needs a depth of thinking Following on from my first post “ Constructing the Innovation Mandate ” we should look further into aspects of the innovation mandate that need considering and clarification Any innovation mandate needs to consider what is meant by the following and provide explanations: Corporate Objectives : The innovation mandate should clearly align with the organization’s corporate objectives and business strate

Policies 147
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The U.S.–India Relationship Is Key to the Future of Tech

Harvard Business Review

As tensions mount between China and the U.S., India’s role in global innovation — and who it partners with — becomes increasingly important.

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ROI for innovation

Strategyzer Innovation

Here is a classic scene I have observed in many companies: Leslie, an innovation team lead, is pitching a project to the executive board. As required, he presents the business case for investing in the new offering and five-year projections for revenue growth and profits.

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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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These 3 Myths Kill Transformation And Change

Digital Tonto

In the early 20th century, the great sociologist Max Weber noted that the sweeping industrialization taking place would lead to a change in organization. As cottage industries were replaced by large enterprises, leadership would have to become less traditional and charismatic and more organized and rational. He also foresaw that jobs would need to be broken down into small, specific tasks and be governed by a system of hierarchy, authority and responsibility.

Change 188
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Sugar: Better questions are the key to reducing consumption

Christensen Institute

March was National Nutrition Month in the US, which focuses on the critical importance of making informed choices about food and eating habits, as well as physical activity. On this topic, a speaker at the recent NextMedHealth conference shared that American children now consume over 65 pounds of added sugar per year. That amount of sugar can fill a bathtub.

Analysis 105
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Why Leaders Must Encourage Their Employees to Explore Their Creativity — and How to Do It

Entrepreneur - Innovation

Leaders can get frustrated when it seems their employees aren't being innovative. But creativity isn't something that just happens — leaders have to foster it with a culture of freedom and understanding.

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Achieving engagement outcomes from cross-sector innovation ecosystem collaborations

Paul Hobcraft

This is the fourth and final post discussing cross-sector innovation ecosystem collaborations. It is primarily dealing with the benefits of collaboration and bringing up to a ‘given point’ a compelling value proposition for potential collaborators in understanding the basic building blocks to consider, for achieving the engagement outcomes required.

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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.