HYPE Innovation
OCTOBER 11, 2018
A lot can happen to an innovation program in three years. Some companies see their programs gain momentum and excel in that time. Other companies experience something different. According to former Volvo Trucks Innovation Manager Mike Hatrick, most organizations start to see their programs fail about three years in.
Paul Hobcraft
OCTOBER 22, 2018
How do we find answers to knowing what measures give us for success in any digital transformation? Are today’s measures relevant to tomorrow, are they still based on our legacy system of measurement, when a business was operating in a stable, predictable environment? Today I think we certainly have a beginning point but all of us lack a clarity of the end point of where digital transformation will take us.
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Tim Kastelle
OCTOBER 1, 2018
Language Warning right at the start! I recently gave a talk at a workshop for the International CFO Forum in Singapore. After it was done, one of the participants came up to me and said: “Can I ask you a question about your slides?” “Sure,” I replied. “By all the objective principles of good slide design, they’re s**t. But, they’re REALLY effective.
Destination Innovation
OCTOBER 15, 2018
Zebra stands for Zero Evidence but Really Adamant. Zebras are people who see things in black and white. They are sure of their own opinions and they disdain information or science which undermines their beliefs. The king of the Zebras is Donald Trump. Tom Nichols is the author of the 2017 book, The Death of Expertise. In it he writes that ignorance is now seen as a virtue. ‘To reject the advice of experts is to assert autonomy, a way for people to demonstrate independence from nefario
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.
Digital Tonto
OCTOBER 24, 2018
The jobs of the future will involve humans collaborating with other humans to design work for machines and value will shift from cognitive to social skills Related posts: How We Should Prepare Our. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].
IdeaScale
OCTOBER 30, 2018
Our CEO was recently interviewed by the San Francisco Business Times and the conversation pulled up short for a moment when the interviewer (after hearing us talk about the possibilities afforded by an innovation management system) asked us why people are sometimes afraid to launch a crowdsourced innovation program. So we wanted to take a moment to talk about some common innovation fear that we see from first time innovators.
Business Innovation Brief brings together the best content for business innovation and strategy professionals from the widest variety of industry thought leaders.
Paul Hobcraft
OCTOBER 29, 2018
It always amazes me how we limit growth by not investing fully in innovation. While most large companies want to become more agile and innovative, many of them fail to turn this wish into a reality. There is this consistent need or pressure to grow, yet that specific needle stays stubbornly stuck in low growth numbers, even with all this innovation talk and desire.
Jeffrey Phillips
OCTOBER 12, 2018
One factor I've been considering for some time has to do with the power of a corporate bureaucracy to create or block change. On one hand, bureaucracies are good, in that they codify practices, principles and processes and allow people to get more done quickly as a unit than they might get done alone. Bureaucracies were created to allow people to scale concepts, inventions, products and ideas.
Destination Innovation
OCTOBER 29, 2018
Is your organization a little too comfortable? Are your people risk averse? Is there a blame culture? How can you encourage innovation by getting men and women to be more adventurous and entrepreneurial? How can you get them to take more risks? Here is an idea that is borrowed from the game of Monopoly – the Get out of Jail Free (GOJF) card.
Exago
OCTOBER 12, 2018
Medium enterprises face challenging barriers on the path to good innovation management: limited resources to invest, lack of incentives and of innovation infrastructure, and shortage of innovation specialists are some examples. However, if you are leading innovation efforts in such a company, there are some good news too. The post Good news for medium enterprises looking to innovate appeared first on Exago.
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.
IdeaScale
OCTOBER 4, 2018
Part of good business is reading business theory. Innovation strategy is an enormous topic, and staying current can be an intimidating task. Fortunately, there’s no shortage of brilliant people working on tomes to help you think about the present, and just as importantly, the future, of innovation and where your industry is heading. Here are a few that particularly stand out.
HYPE Innovation
OCTOBER 5, 2018
Creating a culture that has a thirst for and thrives on innovation is the holy grail of business today. But it’s not as tangible, nor as easy, as creating processes, borrowing best practices, and funding innovation initiatives. Managers across the globe sit and weep in their offices, because this problem … is all about. people. The one darn thing their MBA didn't teach them about.
Paul Hobcraft
OCTOBER 11, 2018
Recently I was exploring the world of Product Lifecycle Management (PLM) and read an excellent Whitepaper from Aras Corp , one of the leading PLM solution providers. The Whitepaper called “ Product Complexity, Digital Transformation, and the Innovation Imperative- The race to reinvent how complex products are developed is here “ This made me a little jealous and a little wishing that ‘we’, across the whole of innovation management , could not have one of these platforms a
Idea to Value
OCTOBER 14, 2018
Everyone knows that investing in innovative new ideas carries a degree of risk. However, new data from Correlation Ventures shows just how risky investing in new companies can be. The chart above shows the financial outcomes for 21,640 different financing deals between 2004 and 2013 (note that these were the total number of deals, not individual companies).
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.
Destination Innovation
OCTOBER 23, 2018
If you are planning a new product or a new business then you will probably need to get some approvals. You might need to raise some finance. In either case you have to convince some sceptical decision makers. Here are four key questions that they will want you to answer: Problem. What is the problem that your idea will solve? If real people do not have a pain point which is worth alleviating then your new business idea is a non-starter.
Exago
OCTOBER 26, 2018
One of the most common myths when leading idea management in medium enterprises is that you should strongly focus efforts on product innovation, as the ultimate goal is to have the next big thing. Though the reasoning is understandable, if you want to improve your odds of success, try not to miss the bigger picture. The post How to look beyond product innovation in medium enterprises appeared first on Exago.
IdeaScale
OCTOBER 17, 2018
Medical technology is advancing quickly, and yet, where blockchain fits is an open question. One of the biggest concerns in health care is records. Patient records, their portability, their access, and who has them is on the minds of doctors, patients, and government regulators. Patient records are stored everywhere from the health monitor on a patient’s wrist to their pediatrician’s ancient, unscanned paper records from decades ago.
Digital Tonto
OCTOBER 10, 2018
Before you can change actions, you must first transform values, beliefs and skills Related posts: 5 New Principles Of Strategy For The Digital Age. 4 Principles of Marketing Strategy For The Digital. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].
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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
Paul Hobcraft
OCTOBER 1, 2018
Good innovation is notoriously hard to achieve. There are so many obstacles and uncertainties as you take an idea or concept through to eventual release. Often, we are dealing in the unknowns and uncertainties. We continually lack facts, we keep seeking validation. We are pressured for results. Others looking at the innovation progress keep demanding tangible evidence and quantifiable guarantees that the outcome provides clear returns.
Idea to Value
OCTOBER 4, 2018
Who is more effective at problem-solving and finding solutions to difficult challenges? Is it groups of people collaborating on the challenge together, or individuals working alone? I came across the answer in a new research paper , and the result surprised me. Most innovation experts would advise that full-time collaboration is a basic requirement for building innovative new solutions.
Destination Innovation
OCTOBER 14, 2018
The Customer Journey Map is a popular management tool. It is a visual representation of customer interactions with a company and a tool to investigate, analyse and thus improve customer experiences. The Innovation Journey Map (IJM) is a similar concept showing the journey that an innovation takes from initial conception through to final implementation.
Board of Innovation
OCTOBER 15, 2018
Board of Innovation helps companies who want to stay ahead of the curve. Over the past years, we’ve supported many leading organizations like GE, Philips, ING, and AB-Inbev in designing and executing innovation strategies. By assisting multiple global innovation leaders in their innovation journeys over the years, we got to see how innovation itself has.
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
IdeaScale
OCTOBER 18, 2018
You have to know when to pivot. Kenny Rogers is not generally discussed as a legend of innovation strategy, but “The Gambler” contains a piece of advice every innovation manager needs to remember: Knowing when to hold ’em, when to fold ’em, and when to walk away is a key part of innovation. If sales are slowing and your product is beginning to age, is it time to pivot?
Digital Tonto
OCTOBER 7, 2018
It's not any one practice, but how its culture and practice are so deeply intertwined that makes Amazon one of the most innovative companies on the planet. Related posts: How IBM Innovates. How. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].
Mills-Scofield
OCTOBER 7, 2018
Saul Kaplan Starting Day 2 of BIF - Photo by Stephanie Alvarez Ewens. Every year, the crew at BIF lets me bring a bunch of my Brown University students to BIF. My students are of all ethnicities, backgrounds, years and concentrations - #STEAM. This year, I asked the kids to share their reflections. Profound, personal, hopeful, cautious. Here are their thoughts.
Rmukesh Gupta
OCTOBER 2, 2018
I was facilitating a group of senior leaders who were tasked with leading the innovation effort in their respective organization and started the facilitation with the simple yet profound question –. “How do you define innovation?”. The best answer I’ve so far received to this question is the following: “Innovation is applied problem solving leading to generation of value.”.
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InnovationManagement
OCTOBER 17, 2018
Businesses must adapt and innovate to succeed in today's marketplace. However, innovation is not a part-time undertaking. It’s the foundation for effective organizational management and taps into the creative power of staff members.
Board of Innovation
OCTOBER 15, 2018
Board of Innovation helps companies stay ahead of the curve. Over the past years, we’ve supported many leading organizations like GE, Philips, ING, and AB-Inbev in designing and executing innovation strategies. By assisting multiple global innovation leaders in their innovation journeys over the years, we got to see how innovation itself has evolved, which innovation.
IdeaScale
OCTOBER 11, 2018
Innovation strategy is often about direction and momentum. But in order to have either, you need at least a small amount of mass to get started. And as we all know, whether it’s a boulder or a bureaucracy, inertia keeps objects at rest from moving. So how do you get up some speed? Try these methods. Focus on small innovations. Big innovations often grow not out of big ideas, but a thousand little ones that come together at the just the right moment.
Digital Tonto
OCTOBER 28, 2018
It isn't any one practice or process, but how they are deeply embedded in an organization's culture that makes the difference Related posts: How Amazon Innovates. The Growing Rivalry Between Google. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].
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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