Sat.Dec 22, 2018 - Fri.Dec 28, 2018

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The Explosive Power of Trial, Error and Self-Play

Destination Innovation

In 1997 an IBM computer called Deep Blue famously defeated the world chess champion, Russian Gary Kasparov. It was seen as a seminal victory for a machine over the human brain. Deep Blue had been programmed by chess experts who gave it all the tactics and strategies known in chess. It was developed over years and played many games against people.

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Surfacing the real barriers to innovation.

Guide 4 Innovating

Here I am suggesting that there are ten intractable challenges that need breaking down and addressing to allow innovation to begin to really take hold. I’d suggest this might be a great starting point. Considering the intractable in anything is hard. To recognize these firstly is terrific, as they are tough to manage but phenomenal if you can surface them.

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Constraint Based Innovation

Beyond the Obvious

One of the keys I’ve found to successful execution is constraint based innovation. It is exactly what it sounds like. When I’m in the execution phase of the innovation process and assigning teams to various ideas, I’ll ask them, “How long will it take for you to create the product?” Whatever answer they give me, […].

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Align Innovation Incentives to Goals

IdeaScale

A lot of crowdsourced innovation programs will tell you to offer incentives to your community of participants in order to drive engagement – but sometimes that’s a challenge for organization either because of budget restrictions or company regulations. But it’s entirely possible for an organization to find ways to incentivize participation even with little to no budget.

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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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How Fleury brings its suppliers on board to improve business operations

Exago

Seeing innovation as a leverage for change, the Brazilian Fleury Group currently has 2,500 stakeholders involved in its innovation efforts. They have shared almost 3,000 ideas, of which close to a third have been implemented, generating 4.3 million reais of aggregated value in the last two years alone (approximately 900,000 euros). The post How Fleury brings its suppliers on board to improve business operations appeared first on Exago.

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What You Need to Know Before Creating an Innovation Culture

HYPE Innovation

Culture 238

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What is an Employee Satisfaction Survey?

IdeaScale

An employee satisfaction survey is a powerful tool that the Human Resource department in general and managers in particular use to understand the level of satisfaction of the employees associated with the respective organization. It’s a closed form of crowdsourcing that can inform your internal innovation strategy. This survey provides management with a direction that is useful for them to make informed decisions based on the information and data obtained and the probable measures they wil

Survey 164
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Top 8 Digital Workplace Trends for 2019

Acuvate

As workplace demographics are transforming, employers struggle to match the evolving needs of a multi-generational workforce. New digital technologies have improved the way we analyze data, collaborate with employees, communicate and make decisions. The rise of social networking, mobile, data and cloud technology has changed every aspect of our personal and business lives, making them more connected by the day.

Trends 90
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Application of advanced analytics and machine learning in the banking industry

hackerearth

Banks have always been custodian of customer data, but they lack the technological and analytical capability to derive value from the data. On the other hand, fintech companies have the analytical capabilities and, thanks to payments services directives, they now have access to valuable data. Whether it is a bank, non-bank, or fintech, competing in the banking revolution comes down to how efficiently the available data can be used to solve business challenges and better serve the customers.

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Innovation “Gurus” Love To Talk About These 4 Myths — None Of Them Are True

Innovation Excellence

Go to any conference these days and innovation is almost sure to come up. When it does, you can be just as sure you will see something Steve Jobs said, something Elon Musk did (or plans to do) and some doomsday scenario about how robots will make us all obsolete (if they haven’t already). There.

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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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Innovation isn’t just a word. You need to do something.

IdeaSpies

A software tool/digital platform that’s easy to use would make it easier for your staff to contribute ideas. A recent Employee Innovation Survey asked employees what would make it easier for them to contribute ideas. The top response was 45% wanting a software tool/digital platform that’s easy to use, with lower management particularly in favour at 59% as well as organisations with 5,000 plus employees at 64%.

Survey 71
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Tech That’s Transforming Consumerism for the Better

InnovationManagement

Consumerism is already undergoing some big changes, and there will likely be even more as technology asserts itself as a dominant presence. But how exactly will these up-and-coming technologies impact manufacturers, retailers and, of course, modern shoppers?

Course 67
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Innovation Strategy – What is it and how to develop one?

Viima

Strategy is about making choices between a number of feasible options to have the best chance at “winning”, and innovation is just one of the means to achieving your strategic goals.

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Surviving & Thriving in the Entrepreneur’s Game

Innovation Excellence

I was shocked to see in my calendar that it’s exactly 30 years since I exited my corporate career as a top retail executive at the now defunct Coles-Myer Group. I also realized that it’s also my 30-year anniversary as a serial entrepreneur who is not only still in a SME business, but is ploughing.

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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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Idea capture tools encourage useful ideas from staff

IdeaSpies

A software tool/digital platform that's easy to use would make it easier for your staff to contribute ideas. A recent Employee Innovation Survey asked employees what would make it easier for them to contribute ideas. The top response was 45% wanting a software tool/digital platform that’s easy to use, with lower management particularly in favour at 59% as well as organisations with 5,000 plus employees at 64%.

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What can Process Automation do for Your Business?

InnovationManagement

As they say, there is a time and place for everything, and that goes for implementing process automation in your business as well. Automation can be very productive. However, not all processes are meant to be automated. Want the details? Keep reading.

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Intrapreneurship at Pernod-Ricard: test and learn in action

Rapid Innovation in digital time

Astrid Froment created Kangaroo Fund, an open innovation Fund for the 18,000 Pernod Ricard Employees, and an intrapreneurship program adopting experimentation & lean Start Up. In 2 seasons, it generated more than 250 ideas, 20 finalists, and 10 ideas incubated… She shares with us this exciting story.

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You Don’t Have an Innovation Problem, You Have a Trust Problem! (Part 3)

Innovation Excellence

In the first part of this article mini-series I demonstrated, based on my original research, that for innovation to exist, you must be able to create a culture of innovation, first. A culture of innovation exists when leaders give their employees autonomy, employees show accountability and are willing to try things (even if it means.

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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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Are you concerned about people resigning?

IdeaSpies

Employees would be more likely to stay if they could contribute more ideas. IdeaSpies Enterprise, a platform for ideas that will improve business performance, has revealed the results of an Employee Innovation Survey. A key finding is that over 90% of employees would be more likely to stay with their organisations if they could contribute more ideas.

Survey 57
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Should You Invest in a Vegan Franchise?

InnovationManagement

Veganism is hitting the mainstream and leading the way as the future in business—especially in the realm of restaurants and fast food.

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Best Innovation Coverage of 2018

Innovation Leader

We pulled data on the most popular reports, case studies & resources that our team produced in 2018. Get insights from our 12 top resources and another 15 from our partners.

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5 Behaviours to Lead Successful Change

Innovation Excellence

Just how do leaders energise their people to embrace change? The need for change is constant in a constantly changing business environment. Unfortunately, the failure rate of change projects has little changed in recent years, despite the increasing use of agile methods. According to a 2012 McKinsey study, 17% of change projects conclude so disastrously.

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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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Innovation isn't just a word. You need to do something.

IdeaSpies

A software tool/digital platform that's easy to use would make it easier for your staff to contribute ideas. A recent Employee Innovation Survey asked employees what would make it easier for them to contribute ideas. The top response was 45% wanting a software tool/digital platform that’s easy to use, with lower management particularly in favour at 59% as well as organisations with 5,000 plus employees at 64%.

Survey 44
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Quick Guide to Gamification in business: step by step

mjvinnovation

In order to bring gamification into a business, some steps must be followed: understanding the context, comprehension of the players and development of ideas are some of these. We are going to go through them, step by step, in this post. Implementing gamification. Understanding the problem and the context. Through Design Thinking, interviews and observations of behavior are carried out in order to understand the user, as well as his or her way of thinking and acting in certain situations.

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Don’t Build Your Network; Nurture It

Stephen Shapiro

Your best source of revenue typically does not involve chasing new customers… Over the years I have tried many methods for growing my business. I’ve hired internet marketing firms to implement outbound marketing programs or improve my Search Engine Optimization (SEO). I’ve worked with public relations (PR) firms who secured me key spots in national newspapers, magazines, and television.

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Voting Open – Top 40 Innovation Bloggers of 2018

Innovation Excellence

Innovation Excellence loves making innovation insights accessible for the greater good, because we truly believe that the better our organizations get at delivering value to their stakeholders the less waste of natural resources and human resources there will be. As a result we are eternally grateful to all of you out there who take the.

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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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Focus On Customer Experience – Your Customers Will Thank You

Leveraging Networks

More than ever, business today revolves around consumers rather than companies, and it is the consumers who dictate business outcomes. According to a recent Walker study, by 2020 customer experience (CX) will overtake price as the key brand differentiator, with customer interactions occurring at every stage of the buying journey. This heavy customer focus is driving companies to adopt new, competitive business models in order to keep up with consumers’ needs: personalized products, services, and

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How a change in the consumer profile will impact your CRM

mjvinnovation

If you are a Director of Customer Relations you have likely spent a few hours of your day thinking about that title, right? Gone are the days of a lenient market, with little offer and a passive clientele. Aside from that, anyone can share with the whole world whether they were happy or not about the service provided, fueling a cycle of information that can make or break your brand.

Change 40
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Innovation and Blurring Sectors: Where Will You Blur the Lines?

Innovation Leader

Contributing columnist Lindsay Angelo says we'll see more sectors colliding in 2019 to create something bigger and more impactful than each could do on its own.

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Science Says This 5-Second Rule Will Make Your Brain Stop Procrastinating

Innovation Excellence

How to use neuroscience to beat procrastination and have more time for what really matters. I’ve been meaning to write this column for some time. The reason I’m finally getting to it is because it’s an excuse to avoid doing something else. Let’s face it, few of us, if we’re honest, wouldn’t confess to occasionally.

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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.