Sat.Oct 13, 2018 - Fri.Oct 19, 2018

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The 4 types of innovators: hunters, builders, explorers, and experimenters

Board of Innovation

Board of Innovation helps companies who want to stay ahead of the curve. Over the past years, we’ve supported many leading organizations like GE, Philips, ING, and AB-Inbev in designing and executing innovation strategies. By assisting multiple global innovation leaders in their innovation journeys over the years, we got to see how innovation itself has.

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Don’t be a Zebra, Be a Giraffe

Destination Innovation

Zebra stands for Zero Evidence but Really Adamant. Zebras are people who see things in black and white. They are sure of their own opinions and they disdain information or science which undermines their beliefs. The king of the Zebras is Donald Trump. Tom Nichols is the author of the 2017 book, The Death of Expertise. In it he writes that ignorance is now seen as a virtue. ‘To reject the advice of experts is to assert autonomy, a way for people to demonstrate independence from nefario

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The Value of Knowing When to Pivot

IdeaScale

You have to know when to pivot. Kenny Rogers is not generally discussed as a legend of innovation strategy, but “The Gambler” contains a piece of advice every innovation manager needs to remember: Knowing when to hold ’em, when to fold ’em, and when to walk away is a key part of innovation. If sales are slowing and your product is beginning to age, is it time to pivot?

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65% of Venture Capital-backed deals fail to return investment, and only 4% make substantial returns

Idea to Value

Everyone knows that investing in innovative new ideas carries a degree of risk. However, new data from Correlation Ventures shows just how risky investing in new companies can be. The chart above shows the financial outcomes for 21,640 different financing deals between 2004 and 2013 (note that these were the total number of deals, not individual companies).

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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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What’s Next For Steve Blank And The Lean Startup?

Digital Tonto

The Silicon Valley guru is on a never ending search to find a better way to solve problems Related posts: The Lean Startup Is Doing More Than Transforming Business, It’s Changing The World. The Lean. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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The Innovation Journey Map

Destination Innovation

The Customer Journey Map is a popular management tool. It is a visual representation of customer interactions with a company and a tool to investigate, analyse and thus improve customer experiences. The Innovation Journey Map (IJM) is a similar concept showing the journey that an innovation takes from initial conception through to final implementation.

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The 4 types of innovators: hunters, builders, explorers, and experimenters

Board of Innovation

Board of Innovation helps companies stay ahead of the curve. Over the past years, we’ve supported many leading organizations like GE, Philips, ING, and AB-Inbev in designing and executing innovation strategies. By assisting multiple global innovation leaders in their innovation journeys over the years, we got to see how innovation itself has evolved, which innovation.

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Data Storage Is Becoming A Massive Problem, DNA May Be The Answer

Digital Tonto

DNA has the potential to be a million times more powerful than current technologies Related posts: Data Bias Is Becoming A Massive Problem. Why Energy Storage May Be The Most Important Technology In. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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Learn to Lead Effectively and Innovate Your Business

InnovationManagement

Businesses must adapt and innovate to succeed in today's marketplace. However, innovation is not a part-time undertaking. It’s the foundation for effective organizational management and taps into the creative power of staff members.

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There Is a Secret to Creative Success for Everyone

BrainZooming

One Friday night, I forced myself to leave the office. (This is more impressive than it might seem, at first: you entrepreneurs will know what I’m talking about.) I’d made my way to the couch and was parked there, watching Jeff Lynne’s ELO: Wembley or Bust on Showtime. (And yes, most of the songs were, in fact, from the soundtrack of my youth.).

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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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The most frustrating aspect of chatbots? They talk back

Board of Innovation

You know that feeling? You talk to your friend about buying something. A few hours later you get an ad on Facebook for that product. In my case that moment came a few weeks ago, a friend and I were talking about re-selling some baby stuff, and later that day Facebook presented me with advertisements for. Continue reading. The post The most frustrating aspect of chatbots?

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Improve Your Innovation Process with Innovation Journey Maps

Innovation Excellence

The Customer Journey Map is a popular management tool. It is a visual representation of customer interactions with a company and a tool to investigate, analyse and thus improve customer experiences. Let’s borrow the tool and adapt it for our purposes. The Innovation Journey Map (IJM) is a similar concept showing the journey that an.

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Is finance too low-tech to support sustainability innovations?

Norbert Bol

In the october edition of Renewable and Sustainable Energy Reviews, Christensen et al. (2018) conclude that they were surprised about the low-tech financial decision rules that are being applied to green office investments. Financial d ecisions to pursue energy e ffi ciency projects in the research study appear to be primarily the result of simple financial analysis such as: positive cost-bene fi t analysis calculations, payback period assessment, and/or estimated return on investment (ROI) f

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Running Effective Innovation Workshops

Innovation in Practice

I’ve mentioned in a previous post that innovation is a team sport. The strongest teams are characterized by functional, gender, and cultural diversity among its members. And, teams that are successful at innovation are committed to ongoing growth via avenues such as innovation workshops. When it comes to running effective innovation workshops, here are some things to keep in mind: First, decide where to hold the workshop.

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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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Have No Fear: Optimism Leads To Innovation

helloFUTURE

One of my favorite new thinkers is Jordan Peterson. I’m ankle deep in the audiobook of his first opus, Maps of Meaning, and am already engrossed in his thinking on how humans think and process, in comparison to lesser animals. He describes a study on fright done with lab rats, where a rat is placed… The post Have No Fear: Optimism Leads To Innovation appeared first on hellofuture.

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Hospitality Industry Leading the Building of a Sustainable Future

Innovation Excellence

Hotel Terra in Wyoming is set on the edge of Grand Teton National Park and south of Yellowstone National Park, with some of the most breathtaking scenery you’ll find anywhere on the United States. It’s no wonder, then, that guests of the upscale 132-room hotel appreciate nature and choose an experience that helps to protect.

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The 5 Best Management Apps for the Innovative Workplace

InnovationManagement

Businesses are always on the lookout for the next best idea that will help skyrocket them to success - but, once you've found this new idea, how do you put it into motion?

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Why We’re Digging Deep at Lean Startup Conference 2018

Moves the Needle

It’s that time of year again: the temperature is dropping, leaves are changing colors, and after a sleepy summer, companies are ready to reflect on how they are going to improve their operation for the new year. Lean Startup Week - this year known as Lean Startup Conference - has traditionally been a staple in the innovation industry for bringing both startups and enterprise companies alike into the same sphere in order to discuss advancements in strategy, tactics, ideas, and social impact.

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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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Qmarkets Provides Award-Winning Innovation Engine for Hyundai

Qmarkets

Leading automotive manufacturer Hyundai Motor America launched its BIG (Better Idea Generator) campaign – driven by Qmarkets innovation management software. Fountain Valley, California, October 15th, 2018- Hyundai Motor America has rolled out the Big Idea Generator (BIG) campaign as part of an annual drive to tap into the innovative potential within their organization.

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How to Overcome 3 Big Obstacles in the Way of Your Innovation Idea

Innovation Excellence

“It’s tough when markets change and your people within the company don’t.” – Harvard Business Review It is widely recognized that innovation is invaluable when it comes to driving forward organisations in today’s competitive environment and increasingly technology-driven markets. However, despite the many benefits, most companies talk about innovation, but don’t go beyond this to start.

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Benefits of Gamification in Employee Online Training

InnovationManagement

Gamification in e-learning is not the same as playing online games: it essentially means adding game elements to non-game activities and processes; and even if actual games are involved, they will have a purpose and affect work positively.

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Ideation

Beyond the Obvious

The Killer Questions are used in the Ideation phase of FIRE. The point of the Killer Questions is to keep you focused on a specific facet of your organization, your customer, your product, or your operations, but at the same time keep your search for ideas expansive within that area. The Killer Questions will help […].

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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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Stop the Innovation Theatre

Innovation 360 Group

The world is changing faster than ever and it will probably never change this slowly again. This means that organizations around the world need to organize for constant change, for always exploring new opportunities – in parallel with successfully running their current core business. . A common approach to do this is to organize events with the purpose of spurring innovation.

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Practicing Innovation: An Inside Job

Innovation Excellence

It is a heroic adventure being an innovation practitioner. To lead an organization to where it is ready to flex its culture, business model, practices, and management style requires the types of talents and skills that only metaphors can describe: the hunting instincts of a lion, the fortitude of a buffalo, the wisdom of an.

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5 Things that Are Slowing Most SMBs Down

InnovationManagement

On your path towards success, your business will encounter numerous bumps, however, some of these problems tend to hold your business more than others. Most of the time, the entrepreneurs behind these SMBs are first-timers, which means that they lack the necessary experience to recognize the gravity of the situation in the given moment.

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The most frustrating aspect of chatbots? They talk back

Board of Innovation

You know that feeling? You talk to your friend about buying something. A few hours later you get an ad on Facebook for that product. In my case that moment came a few weeks ago, a friend and I were talking about re-selling some baby stuff, and later that day Facebook presented me with advertisements. Continue reading. The post The most frustrating aspect of chatbots?

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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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Want Better Employee Engagement? Use your Employee Portal.

Tembosocial

What do you do first thing when you get to work? If your answer is “check your email” you know what it’s like to fall down the rabbit hole. Email messages drive your attention to very particular issues. While these messages may or may not be important to handle right now, they tend to narrow your focus and put “blinders” on to your surroundings. Now let’s say that your company has SharePoint or another flavor of enterprise portal that gives you a dashboard-view of corporate news, events and anno

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Jeff Bezos Just Shared His Secret for Amazon’s Success (and Yours as Well)

Innovation Excellence

This one concept captures beautifully all of the trials, tribulations, and magic of the entrepreneurial spirit. Every so often you come across a concept so elegant in its simplicity that you can’t help but be drawn to it because of how easily it reduces even the most complex set of ideas into something short and.

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Three Steps to Create a 21st-Century Work Culture

Faisal Hoque

Here’s how to drive independent thinking, collaboration, and innovation within your organization. The post Three Steps to Create a 21st-Century Work Culture appeared first on Faisal Hoque :: Entrepreneur | Author.

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Are you a good strategic thinker? 5 Signs You Could Be.

Focused Momentum

Strategic thinking capabilities are a huge asset to an organization. Finding good internal strategic thinkers and leveraging them in our planning projects significantly strengthens the strategic plan our clients adopt. Maybe you are just the stimulating thinker that is needed to produce your organization's next great plan.

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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.