March, 2019

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We Need To Stop Glorifying Failure. Here’s What To Do Instead

Digital Tonto

The truth is that you never really have to fail because, if you make your efforts sustainable, you can always learn from mistakes and try again Related posts: The Failure of Strategy (and. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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The Power and Threat of Disconnecting Can Impact Innovation - Do Our Voices Matter?

HYPE Innovation

We are caught up in a polarizing world. Technology is either thrilling or frightening. Robots, automation, and intelligent systems can take over thousands of jobs (and are already taking over in some sectors). The need for large parts of our working population to begin the long, hard, and painful journey of re-skilling to become more digitally savvy is daunting for many.

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Calculating the ROI for Your Idea Management System Launch

IdeaScale

How is your idea management software performing? How do you measure the intangible? This is a particular struggle for innovation departments and committees launching an idea management system, who often need to come up with KPIs and metrics to explain what they’re doing and how it benefits the company. Here’s how to find the right way to measure the ROI of launching an idea management system.

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Great Women Innovators and Pioneers – the Quiz

Destination Innovation

Women are under-represented in the lists of great inventors, innovators and pioneers. How many can you name in this quiz? 1. Who was the first woman to be elected head of state in modern history? 2. Which pioneer of nursing was the first person to use pie charts and was the first woman member of the Royal Statistical Society? 3. Which female mathematician is considered to be the world’s first computer programmer?

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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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Celebrating women’s power to innovate

Exago

‘Think equal, build smart, innovate for change’: this year’s International Women’s Day focuses on how innovation and technology can advance gender parity and the empowerment of women at a global scale, and we at Exago know first-hand just how important women are to help drive innovation in the workplace. The post Celebrating women’s power to innovate appeared first on Exago.

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We Require A Shift of Innovation Management Solution Providers

Paul Hobcraft

There is still a real reluctance that the supplier of innovation software solutions has to change. They have had a model of a constant growth success for years but it is getting harder as the market is fragmenting and looking for greater flexibility within the range of solutions. I think with the recognition that innovation occurs across the whole organization the innovation management (IM) providers have to radically alter their business model or recognize they need to broaden out their target

More Trending

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Innovating when everything is "as a service"

Jeffrey Phillips

I've been talking with a number of people who are more connected and smarter than me about digital transformation. I've become convinced that the myriad and sundry tools and methods around digital transformation - cloud, ubiquitous high speed internet, IoT, AI, machine learning, robotics, augmented reality and all the rest - are going to create a major transformation in how consumers acquire and use products and services in the future, but more importantly how corporations and startups recognize

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How Law Enforcement Benefits from Cutting-Edge Innovation Management

IdeaScale

Law enforcement has no choice but to adapt to changing technologies and the changes that technologies cause among the populations they serve. Innovation may not change what police officers do, but it can improve how they do it. Making law enforcement simpler, better, and safer in a world that is changing more rapidly than ever is a gargantuan challenge.

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Bypass the Naysayers

Destination Innovation

Mickey Schulhof’s parents, both Jews, fled Hitler’s Europe in 1939 and settled in Long Island. Mickey was a brilliant student and gained a doctorate in physics from Brandeis University in 1970 before joining CBS to work in their music records division. In 1974 he joined Sony and rapidly rose up the ranks becoming vice-chairman of Sony USA and then the first American to become a board member of a major Japanese company.

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Lesson 10 from true innovation managers: implementation makes it all worth it

Exago

To mark Exago's 11th anniversary, we have put together pieces of wisdom from our clients, innovation managers, to truly bring innovation together. This is lesson 10. The post Lesson 10 from true innovation managers: implementation makes it all worth it appeared first on Exago.

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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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It’s Ecosystems, Not Inventions That Truly Change the World

Digital Tonto

There are telltale signs that the system will flip within the next decade Related posts: It Takes A Lot More Than A Big Idea To Change The World. These Are The 3 Technology Inflection Points That. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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“Decouple” the Value Chain to Drive Digital Disruption

Leapfrogging

“Decoupling” the value chain is the next big strategy for digital innovation and business models. Digital disruption isn’t just about the internet or mobile technology. It’s about the digitally-driven business models that forever transform business as usual no matter what you’re doing. I recently had a chance to connect with Harvard Business School professor, Thales Teixeira, whose most recent book, Unlocking the Customer Value Chain , highlights the dynamics of “decoupling” and why it will driv

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I'm running for the presidency of Innovation

Jeffrey Phillips

I thought - why not? Everyone else is running, so why be left out in the cold? If the governor of Washington State can run on the single plank of climate change, if senators who have barely introduced themselves to their colleagues can run, if a west Texas Irishman named Beto can consider running, then so can I. Of course my candidacy will be strictly tongue in cheek, and really meant to frame a more interesting question - where does innovation stand in all of this?

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Leveraging the Benefits of Open Innovation

IdeaScale

Open innovation is innovation where companies or organizations reach out to other companies, individuals, and the general public to create innovative products and services. Some open innovation partnerships include colleges and universities. The internet has made this type of innovation far more feasible than it once was. Knowledge is widely distributed, and relying solely upon internal research can limit an organization’s innovative capacity.

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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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If you want more Creativity, Move the Kettle!

Destination Innovation

Alex Pentland. Alex Pentland is a professor at MIT who combined staff identity badges with GPS positioning technology. This enabled him to observe the movements of workers in an office much in the same way as we might watch streams of ants crossing the gorund. Among the many fascinating findings in his book, Social Physics, he notes, ‘Email has very little to do with productivity or creative output.

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How do you apply the three horizon framework in your thinking? Steve Blank you are limiting your thinking.

Paul Hobcraft

Presently the three horizon model for innovation is argued as no longer applying to innovation as it has been suggested, or I feel so, in a recent article written by Steve Blank. Now I am a terrific admirer of Steve and his thinking but he does, I feel, rush to an assumption to fit one specific problem area, most coming from the start-up world. I apply the three horizons from the more mature organizations perspective and in a much wider lens framing approach than clear he does.

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How Artificial Intelligence Is Making The Shift From System To Ecosystem

Digital Tonto

As AI evolves from integrated systems to a modular ecosystem, its becoming a true force multiplier Related posts: 4 Things Every Leader Should Know About Applying Artificial Intelligence To Business. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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The Travel & Hospitality Industry is Being Disrupted, Again.

Leapfrogging

Airbnb disrupted hotels. Now big travel and hospitality companies are going after the next disruptive innovation themselves before getting blindsided yet again. If you’ve followed my Inc.com column , you know I work with both big companies and start-ups around the world. My research, consulting and speaking give me a glimpse into the fledgling trends and upstarts that will one day become tomorrow’s business behemoths.

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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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Podcast S2E33: Efosa Ojomo – How to fix the Prosperity Paradox

Idea to Value

In today’s episode of the Idea to Value Podcast, we speak with Efosa Ojomo, co-author of the new book The Prosperity Paradox: How Innovation Can Lift Nations Out of Poverty , along with Professor Clayton Christensen and Karen Dillon. We speak about why charity isn’t the most effective way to help countries develop, what most governments and policy makers get wrong about how to help drive prosperity in developing nations, and how these lessons can be applied to your business.

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Top Five Skills of Innovative Leaders

IdeaScale

Leadership in innovation is more than positivity. Innovation is about skill as much as talent. While creativity is central to any innovation strategy, it takes more than just ideas to be an innovative leader. Here are the skills you need to not just lead your industry, but change it. Curiosity . The question “Why?” is fundamental to all innovation, and innovative leaders tend to ask why in all sorts of ways.

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Try this Brainstorm Method – The Contradictory Innovation

Destination Innovation

Image by OpenClipart-Vectors from Pixabay. Consider for a moment these self-contradictory innovations: The solar-powered torch (flashlight). The inflatable dartboard. The underwater hairdryer. The waterproof teabag. The concrete liferaft. At first sight they look silly but each contains the germ of an interesting idea. You can charge up a solar-powered torch in daylight and then take it into a cave.

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10 Rules of Innovation Management - Part 3: Seeding and Advocates

HYPE Innovation

This is the third part of the broader series on "Ten Rules of Innovation Management." In five publications, I’ll share 10 best practices that will help you if you’re managing an online, collaborative innovation management program or thinking about launching one. Since the start of this series, I talked about the foundations of an innovation management program here (Rules 1-3) , and about how to request specific ideas through targeted campaigns here (Rule 4).

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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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What is the Cost of a Failed Change Initiative or Innovation Project?

Braden Kelley

It seems like a simple question. One that you would expect to lead to some risk mitigation behavior, but it doesn’t.

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To Drive Innovation, We Need To Hire For Diversity And Empathy

Digital Tonto

We need to focus far less on specific skills and “types” and far more on getting people with diverse skills, backgrounds and perspectives to work together effectively Related posts: 4 Ways To Beat. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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Applications and innovations in the Internet of Things (IoT)

hackerearth

The Internet of Things (IoT) is a system of interrelated devices that have unique identifiers and can autonomously transfer data over a network. IoT ecosystems consist of internet-enabled smart devices that have integrated sensors, processors, and communication hardware to capture, analyze, and send data from their immediate environments. IHS Technology predicts that there will be over 30 billion IoT devices in use by 2020 and over 75 billion by 2025.

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Reap a Competitive Advantage with Effective Business Model Innovation

IdeaScale

Business model innovation is a fundamental restructuring of the beliefs that underlie existing ways that businesses create value. To a greater extent than product innovation, business model innovation forces rethinking of core beliefs about how businesses operate. In other words, business model innovation can be disruptive, toppling long-held beliefs about how customers get what they want.

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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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Are Our Souls on Treadmills??

Mills-Scofield

This academic year the cost of putting kids on treadmills from Pre-K onward is slapping me in the face through the students I mentor. I’ve seen students’ stress, anxiety and depression increasing over the past few years but not with the exponential leap I’ve seen this year. The current revelation of college admissions scandals and the plethora of recent articles on student’s anxiety and pressure over academic & social success reinforce what so many of us know and see every day.

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10 Innovative FinTech business models

Board of Innovation

From opening accounts to insurance underwriting and credit profiling, FinTech startups are piggybacking on the various services of traditional banks and flipping the conventional business models in the financial industry. The post 10 Innovative FinTech business models appeared first on Board of Innovation.

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Facing The Innovators Salmon Run

Paul Hobcraft

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It’s Not Enough To Drive Change, You Also Have To Survive Victory

Digital Tonto

Transformation is always a journey, never a destination. It takes more than a clever strategy and sound execution to see it through. Related posts: You Can’t Change Fundamental Behaviors Without. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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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.