Sat.Oct 21, 2023 - Fri.Oct 27, 2023

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Open Innovation demands collaborative innovation | Sopheon

Sopheon

In a recent episode of the Innovation Talks podcast, I shared some takeaways from the recent Innov8rs Conference in Amsterdam, which had open innovation as its central theme.

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Four Ways to Build Inclusive Teams

Innovation Excellence

GUEST POST from David Burkus At the core of teamwork is the need to solve problems. And when generating solutions, the more diverse a team you have, the more ideas you can generate. Sort of. The rationale behind diversity being a strength on teams is solid.

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10 Beliefs That Get in the Way of Organizational Change

Harvard Business Review

In their new book, Move Fast and Fix Things, Frances Frei and Anne Morriss outline five strategies to help leaders tackle their hardest problems and quickly make change. Their final strategy is to execute your plan with a sense of urgency. They argue that most big organizational problems deserve a more urgent response — a metabolic rate that honors the frustration, mediocrity, and pain of the status quo.

Change 122
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How to Manage Cognitive Load and Optimize Your Thinking

Phil McKinney

Have you ever experienced feeling overwhelmed when studying for an exam or trying to solve a difficult problem? If so, you've likely encountered cognitive load. Cognitive load refers to the mental effort required to process information and complete tasks. As we go through our daily lives, we encounter cognitive load in many forms, such as trying to remember someone's name, navigating a new city, or juggling multiple tasks at once.

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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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The Stories We Tell Determine The Change We Can Achieve

Digital Tonto

Change always begins with a grievance. There’s something people don’t like and they want it to be different. We like to see ourselves as heroes fighting for everything that’s right and we question the motivations of those who oppose our cause. When we believe in something passionately, it’s hard to see how anyone, in good conscience, can see it another way.

Change 179
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Ask an Absurd Question

Destination Innovation

Why would you ask a question that everyone knows the answer to? The great thinker and astronomer Carl Sagan asked this question, ‘Is there life on Earth?’ But he asked it from a different perspective; from the viewpoint of an unknowing observer far outside the Earth. In December 1990, NASA’s exploratory space probe, Galileo, was due to fly past Earth.

Project 275

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As education choice grows, expect more school unbundling, but no great unbundling

Christensen Institute

Every few years it seems that hype grows around the possibilities of unbundling education. The latest fuel is the emergence of at least 14 states with education savings accounts (ESA) programs that allow families to pay for a variety of educational programs and supports from public funds. As a recent article in Education Next , where I’m an executive editor, proclaimed, “While parent-led unbundling is not a new phenomenon, the current movement has expanded so quickly that it’s been dubbed ‘the G

System 121
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The Discomfort Caused by a Diversity of Perspective

Innovation Excellence

GUEST POST from Mike Shipulski When your organization doesn’t want to hear your truth because it contradicts a decision they’ve already made, that’s a sign of trouble. It’s a sign they’re going to do what they’re going to and they don’t care all that much about you. But, what if they’re wrong?

Design 111
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BIG Ideas: How ICL Built a Billion Dollar Innovation Accelerator

Qmarkets

ICL’s story begins at the lowest point on earth. Nearly a century ago, a Siberian adventurer, engineer, and businessman named Moshe Novomeysky secured permission to establish a mining facility in the mineral-rich waters of the Dead Sea. Over the years that followed, this venture would overcome significant obstacles and make countless breakthroughs on its journey to becoming the global innovation powerhouse known nowadays as ICL.

Ideation 105
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5 Questions to Get Your Project Team on the Same Page

Harvard Business Review

Projects are unique, temporary, and dynamic. At the beginning of a project, you can be proactive as you plan, schedule, source, and staff. But the process will invariably shift and become more reactive as you respond to challenges along the way. Project success ultimately depends on maintaining project team alignment from inception to completion. That can only happen when a project manager consistently realigns the team throughout the project.

Project 137
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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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How far can “navigation” tools really take students?

Christensen Institute

In recent years, as more states and districts have wrestled with the definition of “college- and career-ready,” alternative postsecondary pathways have multiplied, and career-connected learning has gained steam, a new term has popped up in education: navigation. Navigation has slightly more expansive connotations than its predecessor, “guidance.” It’s not just about one single, high-stakes decision about where to apply to or enroll in college.

Tools 116
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The Comforter Cold War of 2006

Innovation Excellence

(or How Assumptions Stifle Innovation) GUEST POST from Robyn Bolton In the room were two single beds, each with a fluffy white comforter folded neatly on top. “Yeah, this is not gonna work.

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Breaking Free from the Competitive Cycle: The Role of Creativity

Daniel Burrus

Creativity is a highly applicable character trait of those who find success and significance in the business world. In light of this observation, the question of whether creativity can be taught naturally arises. While it’s true that, with sufficient determination, individuals can learn almost anything, teaching your team to think creatively in any industry is contingent upon the approach.

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Old Formulas Won’t Help You Solve Today’s Business Problems

Harvard Business Review

Formulas may be road-tested approaches to business challenges, but formulas have flaws. What worked yesterday might not be applicable or even plausible today. There are three primary weaknesses to relying on formulas to address business issues in a constantly changing environment: 1.) they don’t work the same in all contexts; 2) they can be replicated by the competition; and 3) they can have hidden risks.

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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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5 Books That Will Change The Way You Think About Being an Effective Leader

Entrepreneur - Innovation

Want to improve the way you lead? Learn from those who blazed the trails you hope to follow.

Change 127
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Mastering Your Innovation Mindset

Innovation Excellence

GUEST POST from Dennis Stauffer Mindset is quite a remarkable thing. It can be an invisible hindrance, or a tremendous asset when you know how to manage it. Mindset is your often subconscious beliefs about how the world works. It’s your mental frame, your personal paradigm.

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Understanding Corporate Partnering with Immanuel Nama

Viima

We've returned with yet another Innovation Room Podcast episode. In this conversation, I was joined by Immanuel Nama to chat about corporate partnering, what it is, and how to do it right. Immanuel is an Innovation consultant at HYPE Innovation where he focuses on startups and partnering, and he is responsible for the scouting side of the process. With a keen eye for emerging trends, he has had the privilege of spearheading HYPE’s efforts to identify and collaborate with some of the most promisi

Trends 76
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How AI Can Help Leaders Make Better Decisions Under Pressure

Harvard Business Review

More and more businesses are turning to AI-powered technologies to help close the data-insight gap and improve their decision-making capabilities in time-critical, high-pressure situations. These technologies encompass a wide range of tools, including virtual assistants, virtual and augmented reality, process discovery, task mining, and an array of data analytics and business intelligence platforms.

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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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Measuring what matters: The importance of assessing social capital in career-connected learning

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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Why Employees Must Do More Than Expected

Innovation Excellence

(Even When It’s Not in Their Job Description) GUEST POST from Shep Hyken As customers, we appreciate it when someone we’re doing business with does more than we expect. Even if we don’t consciously recognize it when it’s happening, the value of that “something extra” makes us enjoy the experience and want to come back.

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Blending Metrics and Empathy with Design Thinking: The New Paradigm in Leadership

Tullio Siragusa

Blending Metrics and Empathy with Design Thinking: The New Paradigm in Leadership The contemporary leadership environment requires a meticulous balance between quantitative evaluations and genuine human connection. In today’s shifting workplace dynamics, marked by remote work, global teams, and an increasing emphasis on emotional well-being, this balance becomes even more paramount.

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Encourage Your Team to Escalate Issues on Technical Projects

Harvard Business Review

In the aftermath of a very public system failure or a project going significantly over-budget, a key question that’s often asked is: “Why didn’t anyone bring this to our attention?” The root causes of why people fail to escalate issues (even when they know it’s the right thing to do) fall into both organizational and systemic categories. Among them are the lack of a culture of trust, poor communications, ineffective feedback, and valuing IQ over EQ.

Project 135
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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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PBTO: What sort of Leader do you want to be with Lisa O’Neill

Rmukesh Gupta

This the first episode of the current season of my podcast – Pushing Beyond the Obvious and I am super happy and excited to kick off the season with none other than Lisa O’Neill. She is a self described energy and human expert. In this wide ranging conversation about energy and leadership, she shared a lot of great insights on leadership.

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Top Ten Reasons Your Next Innovation Speaker Should Be Braden Kelley

Innovation Excellence

GUEST POST from Chateau G Pato If you’re looking for an innovation speaker who can captivate your audience and inspire them to think differently, look no further than Braden Kelley.

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How feasible is your product idea? Here are 5 things to test

Sopheon

You’ve developed a great idea. You’ve tested its desirability and concluded that there is a genuine market need. However, without testing its feasibility – whether you have the time, skills, resources and budget to actually make it happen – you may find yourself stuck at the idea stage.

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How to Navigate Feelings of Confidence and Self-Doubt After a Promotion

Harvard Business Review

Successfully transitioning to a higher-level leadership role requires self-confidence, but many leaders display too much or too little early on. In this article, the author outlines strategies to help you find the optimal level of confidence. If there is one thing that defines effective leadership as you move from a manager to executive to CEO, it’s that your results become increasingly less about you and more about the attention you place on others so you can deliver through them.

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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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AI – Artificial Intelligence or Artificial Innovation

Moves the Needle

The hype around AI is mind-boggling—more than the standard tech hype, which is saying something. Leadership is demanding to know what it means for their organizations. So what does it mean? Is this just the latest iteration of FOMO? How do you get answers? The post AI – Artificial Intelligence or Artificial Innovation appeared first on Moves the Needle.

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How A Networked Culture Drives Experian’s Innovation

Innovation Excellence

GUEST POST from Greg Satell In Who Says Elephants Can’t Dance, the bestselling memoir of the his historic turnaround at IBM, Lou Gerstner wrote, “I came to see, in my time at IBM, culture isn’t just one aspect of the game—It is the game.

Culture 78
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PBTO: What sort of Leader do you want to be with Lisa O’Neil

Rmukesh Gupta

This the first episode of the current season of my podcast – Pushing Beyond the Obvious and I am super happy and excited to kick off the season with none other than Lisa O’Neill. She is a self described energy and human expert. In this wide ranging conversation about energy and leadership, she shared a lot of great insights on leadership.

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Are You the Pessimist on Your Team?

Harvard Business Review

Raining on people’s parade is rarely welcome. How can you moderate your pessimism so that you can be effective — and have healthy relationships with your colleagues? In this article, the author outlines practical, research-backed strategies to try. You may not be able to change your outlook — particularly if you’re someone who has a prevention focus — but remind yourself that you do have agency.

Strategy 132
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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.