Sat.Nov 04, 2023 - Fri.Nov 10, 2023

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Embrace AI-driven innovation, it is the future.

Paul Hobcraft

Embrace the future if AI-driven innovation. It has been amazing how AI generative thinking (GenAI) has taken hold. It has only been one year since the launch of ChatGPT, then with a follow-up of GPT-4. In a really fascinating routine or guide to how Generative AI developed, then you should read Bernard Marr’s post It is well worth the read. As he points out, “Today, Generative AI stands as a testament to the power of human imagination and technological innovation.

ChatGPT 182
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How to Become a Better Strategic Thinker

Harvard Business Review

A common piece of developmental feedback is the need to move from tactical to strategic thinking. But what does that look like? The author, who has coached thousands of leaders to help develop their strategic thinking capabilities, has identified three core behaviors to work on: acumen (thinking), allocation (planning), and action (doing).

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Ten Modern Examples of Bad Assumptions

Destination Innovation

Bernie Madoff Here are ten instances from the recent past where people or institutions made assumptions that turned out to be badly wrong: New Coke 1985: After many secret tests and focus groups, the Coca-Cola Company assumed that changing the formula for their flagship product would be well-received, but it led to a backlash from customers. Year 2000 Computer Bug: There were dire predictions and anticipation of widespread computer failures at the turn of the millennium due to the Y2K bug led to

Examples 169
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Why Is What We Know So Different From What We Do?

Digital Tonto

We’d like to think that if something is a good idea, can be proven to work, improve performance and make people’s lives better, that market and technological forces will somehow make it inevitable. Unfortunately, the history of the last half century makes it clear that’s not true. Most people in developed countries are worse off than a generation ago.

ChatGPT 128
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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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Eddie Van Halen, Simultaneous Innovation and the AI Regulation Conundrum

Innovation Excellence

GUEST POST from Pete Foley It’s great to have an excuse to post an Eddie Van Halen video to the innovation community. It’s of course fun just to watch Eddie, but I also have a deeper, innovation relevant reason for doing so. Art & Science: I’m a passionate believer in cross-pollination between art and science.

Video 116
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How Leaders Can Create a Purpose-Driven Culture

Harvard Business Review

Companies are increasingly emphasizing a corporate purpose beyond mere profitability. The success of this integration largely hinges on organizational culture. Leaders, spanning all tiers, need to genuinely exemplify and articulate the company’s values, as demonstrated by companies like Netflix and LUSH. It’s vital for employees to perceive their daily roles as contributing to this larger purpose, with firms like Atlassian and Cisco offering noteworthy models.

Culture 142

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Exploration and exploitation in market creation

Christensen Institute

Understanding a new concept can sometimes best be done by analyzing it through an older lens. Our last Thursday Theory Tips piece touched on the potential impact that creating new markets can bring to a nation’s development, and Efosa Ojomo’s latest piece demystifies the process of market creation. This piece will use the older, potentially more familiar, concept of exploration vs. exploitation to better understand what activities in the three phases of market creation might look like.

Marketing 119
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Innovation strategy

Sopheon

It’s one thing to have an innovation strategy and quite another to have the right plan to execute it. Many companies have the former but struggle with the latter. So how do you ensure you realize the innovation strategy your team has worked so hard to craft? Here are eight tips for creating greater alignment between your innovation plan and execution.

Strategy 106
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How Generative AI Will Transform Knowledge Work

Harvard Business Review

Generative AI can be a boon for knowledge work, but only if you use it in the right way. New generative AI-enabled tools are rapidly emerging to assist and transform knowledge work in industries ranging from education and finance to law and medicine. Companies are starting to introduce generative AI-powered innovations into their processes, and to promulgate policies on how to use the tools safely.

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4 Entrepreneurial Lessons We Learned from Oakley Sunglasses Founder

Entrepreneur - Innovation

Jim Jannard's relentless pursuit of excellence reminds us that the spirit of innovation, determination, and responsibility can truly change the world.

Learning 110
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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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A Full Virtual Studio that Packs in a Briefcase

Stephen Shapiro

I recently delivered a speech for a client who held their retreat in a remote location several hours away from the nearest airport. Another client wanted me to speak at their innovation conference the following morning, but my travel schedule wouldn’t have allowed me to arrive at the second event on time. Fortunately, they were open to me delivering this two-hour-long interactive workshop virtually.

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THINKING DIFFERENTLY ABOUT START-UP ENTREPRENEURSHIP

ImagineNation

As some of you are aware, I am reaching the final chapter of what has been both a fulfilling and a challenging, thirty-five-year career as a serial global start-up entrepreneur. I am compelled to inquire, in the face of the emotionally charged situation emerging from the current Israel-Hamas war, how might we consider, being candid, compassionate, and courageous in learning, to let go of our collective pain, anger, and hostility to learn new ways of thinking differently about start-up entreprene

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What the Next Generation of Project Management Will Look Like

Harvard Business Review

Traditional project management skills, such as project governance or project management methodology, aren’t sufficient to meet changing organizational needs. Gartner recently surveyed 373 project management leaders to identify the “next generation” skills — from organizational awareness to financial acumen — that have a disproportionate impact on performance.

Project 140
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A Quantum Computing Primer

Innovation Excellence

GUEST POST from Greg Satell Every once in a while, a technology comes along with so much potential that people can’t seem to stop talking about it. That’s fun and exciting, but it can also be confusing.

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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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How Lean Agile Methodology Can Help You Avoid Waste

Kainexus

Waste in project management refers to any resource or effort expended without adding value to the project's ultimate goals and objectives. Waste can manifest in various forms throughout the project lifecycle and significantly impact a project's success. Adopting Lean Agile project management principles, which maximize value while minimizing waste, is essential to mitigate waste in project management.

LEAN 88
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When it comes to building networks, students need more low-stakes practice

Christensen Institute

In July 2023, our team published “ People-powered pathways: Lessons in how to build students’ social capital through career-connected learning.” In the report, we describe successes and challenges in bringing social capital–building strategies to a variety of educational settings. Our observations draw from an 18-month pilot during which we leveraged our social capital playbook to provide direct support to a group of three intermediary organizations—Education Strategy Group, Generation Schools N

Groups 78
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To Put Your Company Values into Action, Create Working Agreements

Harvard Business Review

Eighty percent of employees work for organizations that have stated values, but only 23% agreed that they could apply those values to their everyday work. The authors explore that disconnect and present a more effective, alternative way for leaders to foster shared understanding, language, and accountability in their organizations: working agreements.

Company 133
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Playing to Win the Customer Service Game

Innovation Excellence

GUEST POST from Shep Hyken One of the more enjoyable activities in my life is playing hockey. When I’m in town – not out speaking at conferences – I lace up the skates several times a week to play in a friendly hockey game.

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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 Is Lean Portfolio Management? A Quick Guide

Kainexus

Picture this: A company overwhelmed by a sea of projects, each vying for attention, resources, and precious time. Now, imagine a systematic approach that aligns these projects with organizational goals, ensures efficient resource allocation, and maximizes return on investment. How can Lean Portfolio Management (LPM) help this company survive and thrive in a world of ever-increasing complexity and competition?

LEAN 87
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Social capital, not just skills, paves the way into tech careers

Christensen Institute

What does it take to launch a career in tech? As one of the fastest growing sectors of the last decade, that question has dominated career pathways conversations. But time and again, efforts to build and diversify the technology sector’s talent pipeline focus on tech skills while ignoring the role of networks in helping students launch and sustain their career journeys.

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The Leap from Project Manager to CEO Is Hard — But Not Impossible

Harvard Business Review

Project managers who aspire to be CEOs are often surprised to learn that their skills, while highly valuable, do not directly align with those needed for positions of executive leadership. Why isn’t successful management of high-stakes projects and organizational resources sufficient to ascend to the top ranks of the business? In this article, the author explores the subtle, yet significant, differences in career trajectories of PMs and CEOs as well as nine attributes PMs should develop to incre

Project 130
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Maintaining the Illusion of Control

Innovation Excellence

GUEST POST from Mike Shipulski Unhappy: When you want things to be different than they are. Happy: When you accept things as they are. Sad: When you fixate on times when things turned out differently than you wanted. Neutral: When you know you have little control over how things will turn out.

Design 93
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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.

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Your Innovation Won't Succeed Without Authentic Demand. Here's How to Find It

Entrepreneur - Innovation

It isn't just enough to invent a new product, service, or solution.

How To 112
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Teacher shortages bring to mind the saying ‘necessity is the mother of invention’

Christensen Institute

“Fueled by teacher shortages,” we’re told in a recent article in The74 , “Zoom-in-a-Room” is making a comeback. If this is the case, although it’s better than the alternative—no teacher at all—it’s also a missed opportunity for deeper innovation. As reporter Linda Jacobson noted in the article, online learning has long been used in schools for subjects they couldn’t otherwise offer.

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4 Factors That Will Help Project Managers Fulfill AI’s Potential

Harvard Business Review

According to Gartner, 80% of project management tasks will be run by AI by 2030. Indeed, AI is transforming every aspect of work, including our management of people and projects. However, to realize AI’s transformational potential for project management, four critical pieces must come together: 1) organizations will need high-quality data; 2) human employees will need to think of AI as a copilot; 3) humans will need reskilling; and 4) organizations will need to prioritize the human experience.

Project 128
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The Power of Dreams

Innovation Excellence

A Veterans Day Innovation Story by Braden Kelley On this Veterans Day I send my thanks to all of my fellow veterans for the sacrifices they and their families have made in support of the great nations of the world.

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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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Navigating the Shift from Project to Product: A Map for Success 

Planview

In the dynamic world of technology, where the pace of change is relentless and the demand for agility is non-negotiable, how do enterprises ensure they’re on the path to success? The secret lies in transitioning from a project-oriented management approach to a product-centric model. It’s a paradigm shift that promises reduced time-to-market, heightened agility, and an unwavering focus on delivering value.

Project 69
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Former Mass. governor moves to support employment with college

Christensen Institute

As the pace of technological change accelerates and the half-life of skills continues to shrink, what students must learn is becoming less specifiable, predictable, and verifiable ahead of time. The implications for colleges are many, but one of the clearest is that the importance of learning by doing will continue to elevate in importance. As a result, colleges will need to create more connections to the world of work—whether through projects, apprenticeships, internships and externships, or wo

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A 6-Step Plan to Prepare for Any Career Setback

Harvard Business Review

Revenue spirals, industry shifts, and legislative changes can have unexpected ripple effects on your career advancement. Developing a predetermined fallback plan allows you to proceed with a clear head if you’re faced with a career setback. Importantly, fallback plans are not a marker of failure. Considering your options is an essential part of career exploration, adaptation to sudden transitions, and commitment to growth.

Industry 125
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Five Secrets to Being a Great Team Player

Innovation Excellence

GUEST POST from David Burkus Our world requires collaboration. Just about every job now requires collaborating on teams and every employee’s calendar is full of evidence of collaboration. In one study, up to 85% of participants’ work weeks were spent working in direct collaboration or a result of collaboration with a team.

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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.