Sat.Nov 11, 2023 - Fri.Nov 17, 2023

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Four Ways to Refine Your Innovation Process

IdeaScale

Just like innovation itself, an innovation program is constantly being shaped by the environment around it over time. A good innovation program absorbs new information and ideas constantly. So how do you refine it? 1. Look For Feedback Your innovation process will likely touch an enormous range of stakeholders, from internal departments to your biggest [.

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We Are Killing Innovation in America

Innovation Excellence

GUEST POST from Greg Satell Throughout America’s history, technological innovation has been key to security and prosperity. Whether it was through entrepreneurs like Thomas Edison, Henry Ford and Thomas Watson, or government programs like the Manhattan Project, the Apollo Program and the Human Genome Project, The United States has been on the cutting edge.

Project 95
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To Overcome Resistance To Change, You Need A Strategy, Not A Slogan

Digital Tonto

When we’re passionate about an idea, we want others to see it the same way we do, with all its beautiful complexity and nuance. We want to believe that if others can just understand the idea, they will embrace it. That’s why most change management practices focus on persuasion, explaining the need for change and creating a sense of urgency. But consider recent research that finds that we can’t even agree on simple concepts such as what a penguin is and it becomes clear that for any given initiat

Strategy 141
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Building a CFO-Ready Business Case for Innovation Management

HYPE Innovation

Learn why crafting a compelling business case is essential when implementing an innovation management platform. Make data-driven decisions for success.

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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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We could all benefit from more failures

Idea to Value

People are afraid of failure. In fact, people tend to avoid failing publicly wherever possible, especially in the workplace. This can result in people and projects trying to hide failure , or avoid trying things which challenge them at all so that they are less likely to fail. There are deep-rooted evolutionary reasons why we feel losses and negative experiences more strongly than successes, so we try and avoid the losses even if it means not experiencing potential successes as well.

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Generative AI – The End of Empty Textboxes

TechEmpower Innovation

We recently completed a web-based application that uses a unique algorithm to match professionals with new career opportunities. As part of the onboarding process, the app asks both job seekers and employers what they’re looking for - in a text box - while providing a few suggestions in a pop-up. If you’ve ever used a similar application, (or if you’ve ever used the Internet at all) you’ve probably seen this approach before.

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Research: How Women Improve Decision-Making on Boards

Harvard Business Review

This article reports on a study of women and men directors at more than 200 publicly traded companies on the major stock exchanges in the U.S. and Europe. The results provide key insights on how the presence of women influences boards. First, it turns out that women directors come to board meetings well-prepared and concerned with accountability. Second, women are not shy about acknowledging when they don’t know something, are more willing to ask in-depth questions, and seek to get things on the

Report 139
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Capturing Attention in the Digital Age: A Design Thinking Approach

Tullio Siragusa

Capturing Attention in the Digital Age: A Design Thinking Approach In the modern digital landscape, attention is the new currency, surpassing traditional commodities in value. This blog explores how Design Thinking, with its human-centered, creative problem-solving approach, can be pivotal in capturing and sustaining attention in a world where it is increasingly scarce.

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How Walmart’s doula care investment will improve maternal health

Christensen Institute

Crisis. In the US, we are in the midst of a maternal health crisis. Our recently released report, If health is wealth, America’s working mothers are living in extreme poverty , highlights how this is not only an issue for mothers, but also for children, employers, and the nation. In it, we offer a pathway and framework for better health, and here I’ll highlight how the nation’s largest private employer, Walmart, is taking a leadership role, just as we propose.

Policies 111
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Strategic Issue Diagnosis

IdeaScale

You think things are changing fast? You ain’t seen nothin’ yet. We’re just at the start of changes in technology, global competition, and geo-demographic transformations. Futurists tell us that the rate of technological change is accelerating, along with related changes in society, culture, and geopolitics, which means that all sorts of new challenges and opportunities [.

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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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Surround Yourself with Colleagues Who Boost Your Performance

Harvard Business Review

When it comes to building a network, new research shows that there is no one-size-fits-all strategy; different kinds of people benefit from different kinds of networks. The key challenge, then, is to figure out the right kind of network for you. In this article, the authors share the findings of their research, which shows that the key to building a performance-boosting network is to include people who support you in areas where your cognitive style is not naturally suited.

Strategy 138
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Disagreements Can Be a Good Thing

Innovation Excellence

GUEST POST from Mike Shipulski When you have nothing to say, don’t say it. But, when you have something to say, you must say it. When you think your response might be taken the wrong way, it will. When you take care to respond effectively, your response might be taken the wrong way.

Design 106
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Zhang Ruimin: A Lifetime Of Maximizing Human Value

Bill Fischer

Haier's Zhang Ruimin has not only pioneered a new way of thinking about how large, complex organizations might work, but he actually navigated such change, and it worked!

Change 104
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3 Leadership Traits That Make You Easy to Follow

Entrepreneur - Innovation

Leadership is no longer about leading from the front; it's rather about how can you bring people along with you. And these three traits will help you get there.

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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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When Your Go-To Problem-Solving Approach Fails

Harvard Business Review

We make decisions all day, every day. The way we make decisions depends largely on context and our own unique problem-solving style. But, sometimes a tough workplace situation turns our usual problem-solving style on its head. Situationality is the culmination of many factors including location, life stage, decision ownership, and team dynamics. To make effective choices in the workplace, we often need to put our well-worn decision-making habits to the side and carefully ponder all aspects of th

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Simple Innovations Sometimes Are the Best

Innovation Excellence

by Braden Kelley Innovations don’t have to be complicated to be impactful. They just need to deliver enough additional value that existing solutions become widely replaced, or flipped around, for the new solution to be widely adopted. Recently I have been seeing a new simple, yet elegant, solution driving around the streets of Seattle.

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Breaking the Mold: Rethinking Customer Needs in the Age of Anticipatory Thinking

Daniel Burrus

To create the next great product or service, it has been standard practice to ask the customer questions like: “What do you want ? What do you need ? What will make your life easier ?” These simple inquiries should lead to a simple answer. It is then our responsibility as businesses and organizations to respond with products, services, or processes that meet customers’ needs while increasing our margins and market share.

Meeting 96
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Optimizing Processes Through Lean Management [How-To] | KaiNexus

Kainexus

Lean management is a systematic approach to eliminating waste and optimizing processes to maximize efficiency, improve quality, and enhance customer value. It originated in manufacturing but has since been applied to various industries and sectors. Optimizing processes is crucial for organizations because it directly impacts their competitiveness, profitability, and overall success.

LEAN 86
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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 CEOs Need to Know About the Costs of Adopting GenAI

Harvard Business Review

CEOs must not overlook the intricacies of genAI costs. CEOs must integrate the multifaceted costs into their strategic vision, acknowledging nuances such as inference cost, fine-tuning cost, prompt engineering cost, cloud expenses, talent costs, and operation costs. Additionally, CEOs need to be vigilant about often overlooked expenses, including infrastructure overhaul, data security, and ethical considerations.

Data 133
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Six Ways to Put Customers At the Center of Your Business

Innovation Excellence

GUEST POST from Shep Hyken It’s not uncommon to hear leaders say, “We must put the customer at the core of everything we do.” What does that really mean? I had a chance to interview Howard Moodycliffe for Amazing Business Radio.

Company 102
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To foster young talent, employers need to share their social capital

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

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16 Ways to Customize AI Content to Ensure It's Yours

BrainZooming

AI platforms can quickly crank out tremendous volumes of content at amazing rates. Where does all that content originate? There’s not typically a good answer to this question. The challenge in answering the question isn’t dissimilar to the difficulty in parsing out all the learning, experiences, imagination, and everything else that goes into creating a specific piece of human-generated content.

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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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4 Strategies to Cultivate an Authentic Corporate Purpose

Harvard Business Review

In today’s corporate sphere, a growing disparity exists between companies’ declared values and their actions, leading to stakeholder skepticism. This divide prompts discussions about the feasibility of genuine societal contributions within capitalist frameworks. Companies can tread three paths: transactional (profit-focused), toxic (misaligned actions under a guise of societal benefit), or transcendent (true alignment of values and operations).

Strategy 132
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Framing Your 2024 Strategy

Innovation Excellence

GUEST POST from Geoffrey A. Moore Fall is in the air, which brings to mind the season’s favorite sport—no, not football, strategic planning! Let’s face it, 2023 has been a tough year for most of us, with few annual plans surviving first contact with an economy that was not so much sluggish as simply hesitant.

Strategy 100
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Celebrating NetSuite's 25th: SuiteWorld Highlights Innovation and Business AI Insights for Entrepreneurs

Entrepreneur - Innovation

I spoke at SuiteWorld – here's what I learned about how a small business can make the most of their tech.

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Effective product roadmapping: How to align timelines, resources and stakeholders

Sopheon

Releases mark phases of the product roadmap dedicated to accomplishing a specific goal or theme, or to represent the amount of work that will fit in a block of time. Product roadmaps can serve as a valuable tool to ensure that the entire product management process runs smoothly, from planning to execution.

Roadmap 52
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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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Retaining the Best of Your Culture Amid Organizational Change

Harvard Business Review

While leaders are often focused on how to transform their organizations — and, specifically, their cultures — an equally difficult challenge is keeping a culture steady. As companies go through big changes, they need to retain the best elements of their shared assumptions, values, and common behaviors. Based on the author’s work as an organizational and social psychologist and 20 years of advising firms and leaders on culture, soft skills, and performance, she offers four tactics to keep the cul

Culture 132
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Innovation Evolution in the Era of AI

Innovation Excellence

GUEST POST from Stefan Lindegaard Half a decade ago, I laid out a perspective on the evolution of innovation. Now, I return to these reflections with a sentiment of both awe and unease as I observe the profound impacts of AI on innovation and business at large.

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What is Innovation Management?

eZassi

Navigating Innovation Management: Implement a Scalable Process and Engaging Platform for Enterprise Ideation and Collaboration Creating Open Innovation Solutions Regardless of your organization’s innovation portfolio size or scope, every business needs a strategy and competitive advantage for growth and technological advancement. Supporting an innovative culture and adopting an innovation management platform across your company assesses valuable KPIs of the current pipeline and promotes future o

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Defining a Systematic Approach to Oil and Gas Real-Estate Portfolio Management and Optimization

Planview

Of the varieties of enterprise real-estate portfolios, the oil and gas industry claims some of the most complex asset inventories with the highest risk. As the market continues to evolve and regulatory obligations expand, oil and gas companies may find that the complexity of their portfolios has quickly outgrown the standard means of management, requiring more in-depth optimization techniques.

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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.