Sat.Feb 24, 2024 - Fri.Mar 01, 2024

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Why are Innovators Curious Like Cats?

IdeaScale

As the tidal wave of Artificial Intelligence continues to disrupt many aspects of our lives, there is one skill it has yet to emulate, according to a recent article by the Singularity Hub “OpenAI’s GPT-4 Scores in the Top 1% of Creative Thinking”: “Of all the forms of human intellect that one might expect artificial [.

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10 Jaw-Dropping Examples of Innovation in the Workplace that Will Inspire Your Team to Think Outside the Box

IdeaScale

Innovation is the key to success in any business. With the rapidly changing business environment, it has become more important than ever to foster a culture of innovation in the workplace. In this blog, we will share 10 jaw-dropping examples of innovation in the workplace that will inspire your team to think outside the box. [.

Examples 130
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Unveiling the Power of Living Databases in Open Innovation

Yet2

Words by Carlos Pichardo In today’s dynamic business landscape, staying ahead is essential. As companies increasingly rely on external expertise and solutions, reliable databases are indispensable. Traditional databases fail to address the dynamic nature of innovation challenges. Enter the concept of “living databases” – a game-changer in Open Innovation.

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Failure - learning or leavening?

Jeffrey Phillips

As with many other distinctions between large companies and startups, established products and new ideas, there are distinctions between types of failure. For most corporations, failure is abhorrent, because failure signals a breakdown in an existing product, risk, an inability or unwillingness to follow an established process. Failure is a loss of revenue, an added cost, a lack of judgement.

Learning 157
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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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AI-Powered Design Thinking: Accelerating Innovation and Insights

Leapfrogging

Introduction to Design Thinking Design thinking is a problem-solving approach that combines empathy, creativity, and rationality to meet user needs and drive successful business outcomes. It is a non-linear, iterative process that teams use to understand users, challenge assumptions, redefine problems, and create innovative solutions to prototype and test.

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Accessibility Meets Efficiency: Amazon’s AbilityOne Storefront Revolutionizes Government Purchasing

IdeaScale

Amazon has recently unveiled its latest initiative, the AbilityOne Storefront, catering specifically to government buyers and aimed at facilitating easy procurement of products and services made by individuals with significant disabilities. This innovative platform opens up new avenues for federal, state, and local governments to access a wide range of goods while fulfilling their federal [.

Meeting 130

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Change Management is strategy and vice versa

Jeffrey Phillips

I was reviewing the website of a strategy consulting firm recently, and their focus on strategy and team alignment felt like the same old, same old. I read further to discover that they focus on passion and mission (hello Simon Sinek). But what struck me about their work is that they also focus on culture and change management. These latter two concepts were the things that got my attention.

Strategy 167
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How to Actually Execute Change at a Company

Harvard Business Review

The author analyze project teams across 257 firms to identify why only 60% of planned value is typically realized in change initiatives, focusing on four key factors: effective initial communication (“ACE the Memo”), ensuring resource accessibility and autonomy (“Master the Means”), employing mechanisms to align actions with goals (“Amplify with Mechanisms”), and strategic measurement to influence future outcomes (“Measure to Account”).

Change 140
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The Innovation Maturity Model for The Public Sector (IMS-Gov)

IdeaScale

In the spring of 2019, the TIM Foundation was contacted by the Dutch national government requesting if TIM Foundation would be willing to cooperate in setting up an innovation maturity model for the central Dutch government. TIM Foundation already possessed such a reference model that had been developed over the past 14 years in cooperation [.

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Unleashing Innovation: Mastering AI-Driven Design Thinking Strategies

Leapfrogging

Introduction to Design Thinking Design Thinking is a non-linear, iterative process that teams use to understand users, challenge assumptions, redefine problems, and create innovative solutions to prototype and test. It is a methodology that combines creative and critical thinking to allow information and ideas to be organized, decisions to be made, situations to be improved, and knowledge to be gained.

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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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Women Are More Likely to Be Laid Off Than Promoted in Tech — Here's How We Can Change the Status Quo

Entrepreneur - Innovation

In the face of a tech industry where women are more likely to be laid off than be promoted to leadership positions, it's time to hack the system and reboot the gender balance for good to turbocharge innovation and propel the industry.

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How to Make Small Talk with Anyone from Anywhere

Harvard Business Review

Meet-and-greet conversations can be uncomfortable. And they can feel especially daunting when you’re paired with strangers from different cultures, like when networking in a global business context. In this setting, light and introductory-style conversations (what some of us know as “small talk”) can be very helpful, and even necessary. Small talk is a quasi-universal tool for initiating conversations with strangers from different cultures, for building a quick rapport, and for planting the seed

How To 141
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The Nearness of Customer Insight

IdeaScale

The Problem Customer research is needed to discover new needs or to gather impressions of existing products. But the process can be daunting- designing the study, gathering the resources, then spending the time required to pull it off - my God the time! All these perceived necessities tend to hold us back. Besides, we’ve been [.

Study 130
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The Future of Design Thinking: Integrating Artificial Intelligence for Success

Leapfrogging

Embracing the Evolution: AI Meets Design Thinking The intersection of artificial intelligence and design thinking is poised to redefine the landscape of innovation and strategy. As AI continues to advance, its integration with design thinking processes promises to enhance decision-making, streamline operations, and foster more impactful innovation. The Rise of Artificial Intelligence Artificial intelligence has permeated various sectors, demonstrating its versatility and power in augmenting huma

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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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Can an interdependent approach help improve childhood health?

Christensen Institute

What is health? Many people think of health in terms of medical care and physical health, or simply, the absence of sickness. But this is a limited definition. The World Health Organization defines health as “a state of complete physical, mental and social well-being and not merely the absence of disease or infirmity.” This definition, plus the recognition that drivers of health (DOH) account for 80-90% of health outcomes , exhibits the interdependent nature of health.

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What Successful Purpose Statements Do Differently

Harvard Business Review

Sadly, purpose statements at all too many organizations are just empty words. The companies that issue them don’t live up to their lofty promises. But research by Bain & Company identified some companies that are the exceptions. They employ four methods to turn their statements into reality.

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Does Saying Innovation Make You Sound Stupid?

Innovation Excellence

GUEST POST from Robyn Bolton “You sound stupid when you use the word ‘ _’ because you’re trying to sound smart.”Mark Cuban What goes in the blank? For Mark Cuban, it’s “cohort” because “there’s no reason to ever use the word ‘cohort’ when you could use the word ‘group.’ A cohort is a group of people.

Groups 95
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The AI Advantage: Supercharge Your Design Thinking Techniques

Leapfrogging

Introduction to Design Thinking Design Thinking is a methodology used by designers to solve complex problems and find desirable solutions for clients. A design mindset is not problem-focused, it’s solution-focused and action-oriented towards creating a preferred future. Design Thinking draws upon logic, imagination, intuition, and systemic reasoning to explore possibilities of what could be and to create desired outcomes that benefit the end user (the customer).

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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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Agile Innovation Management: The Complete Guide to Business Agility as a Driver for Innovation

Viima

Research reveals that 90% of executives recognize the critical importance of agility for their company's future success, with 96% emphasizing the need to increase agility in the future. What’s more, agile companies grow revenue 37% faster and generate 30% higher profits than their non-agile counterparts. Incumbents are shaken by the highly dynamic environment they operate in, and they are too slow to respond to disruptive changes. 52% of companies in the Fortune 500 have either gone bankrupt, we

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What Employees Need from Leaders in Uncertain Times

Harvard Business Review

It’s one thing to lead through a normal range of uncertainty with its ups and downs. But how do you lead when the inflections, disruptions, dislocations, and other threat conditions pile up, as they have in the last few years? While the leader has little to no control over the external competitive environment, they have astonishing influence over the internal performance environment, including employee engagement, morale, and productivity.

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How Do You Know If Your Idea is Novel?

Innovation Excellence

GUEST POST from Mike Shipulski When your idea is novel, no one will steal it. No NDA required. If your idea is truly novel, no one will value it. And that’s how you’ll know it’s novel. When your idea is novel, no one will adopt it.

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Applying Design Thinking to Personal Growth and Innovation

Tullio Siragusa

Applying Design Thinking to Personal Growth and Innovation In today’s rapidly changing world, the ability to adapt and innovate is more crucial than ever, not just in the realm of product development but also in our personal and professional lives. Design Thinking, a methodology traditionally reserved for creating products and services, holds transformative potential for personal growth and innovation.

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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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Showing Your Shared Services ROI: 3 Ways to Prove Your Team’s Worth

Planview

As a leader of a shared services or center of excellence team, you might wonder how to showcase your team’s business value as tangibly as sales figures do. It’s crucial to articulate a clear and measurable value proposition for your team, which can significantly ease budget discussions. Let’s explore strategies for defining your team’s impact in quantifiable terms, making your contributions as evident and persuasive as financial outcomes when budgeting time comes around.

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The Lingering Cost of Instant Fashion

Harvard Business Review

Consumers should understand the side effects of business models — particularly the privatization of profit and the socialization of costs, including human and environmental harm.

Policies 130
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How well do you know your customers?

Innovation Excellence

GUEST POST from Howard Tiersky Early in my career, I had the chance to lead a product development team in creating a new kind of internal communication platform for large accounting firms. Our target users were auditors and tax consultants.

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Can growth economies leverage remote work to further development in their countries?

Christensen Institute

Yes. I was sitting at a cafe today, taking advantage of a sunny day after two days of constant rain in true dramatic Southern California fashion, when I realized how incredibly busy the cafe was. Now, maybe it was because I was surrounded by other dramatic Southern Californians, but in reality, most coffee shops I’ve frequented since working remotely always seem to stay busy.

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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 Technical Debt in the Automotive Industry

Planview

Amidst the relentless waves of innovation and competition, OEMs, suppliers, and manufacturers in the automotive industry navigate a sea of challenges and opportunities. Technical debt, the accrued cost of code awaiting updates, is a significant obstacle. According to McKinsey , this “tax” on development comprises about 40 percent of IT balance sheets, stemming from the intense pressure to enter the market and gather feedback swiftly.

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Internal Buy-In Will Make or Break Your Growth Strategy

Harvard Business Review

Too often, organizations bring in outside firms to develop their growth strategies — resulting in a smart plan without the motivation, skills, and resources to get it done. Instead, the author argues, organizations should involve all stakeholders — including those who will need to execute the growth strategy — in its conception and development. Doing this well requires trusting your team, incorporating a strong educational component in your strategy work, giving the process ample time, and incor

Strategy 126
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What Differentiates High Performing Teams

Innovation Excellence

GUEST POST from David Burkus How do you build a high performing team? If you think like most people, you will start with acquisition. You will start by thinking about how you can convince higher performing people to join the team.

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Bidding Farewell To Greg Coticchia | Sopheon

Sopheon

It’s amazing what can happen quickly with the right leader at the helm. And as Sopheon and Wellspring become one company, it seems fitting to acknowledge the accomplishments of Greg Coticchia.

Company 59
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Reimagined: Building Products with Generative AI

“Reimagined: Building Products with Generative AI” is an extensive guide for integrating generative AI into product strategy and careers featuring over 150 real-world examples, 30 case studies, and 20+ frameworks, and endorsed by over 20 leading AI and product executives, inventors, entrepreneurs, and researchers.