Sat.Jul 08, 2023 - Fri.Jul 14, 2023

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Four Characteristics of High Performing Teams

Innovation Excellence

GUEST POST from David Burkus What makes some teams more successful than others? What leads teams to consistently deliver great performance while other teams fail to live up to expectations? Why do some groups of talented and seemingly compatible people fall short against lesser teams with less suitable members?

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Why Your Startup Needs a Fractional CTO – TechEmpower

TechEmpower Innovation

A Fractional CTO bridges the gap between founders and developers to help keep your tech strategy aligned with your business goals. This helps your startup stay agile and competitive in a fast-paced marketplace.

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Revolutionize Your Business with Dynamically Continuous Innovation: Stay Ahead of the Game

IdeaScale

Innovation is a key driver of business success, and in today's fast-paced digital world, it's more important than ever to stay ahead of the game. One approach to innovation that is gaining popularity is dynamically continuous innovation, which involves making incremental improvements to existing products or services to stay ahead of the competition.

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Understanding cross-sector innovation ecosystem collaborations

Paul Hobcraft

I completed a series of posts in April 2023, published on this posting site, on cross-sector needs when considering or working in innovation ecosystems. To get to a good understanding of cross-sector innovation ecosystems collaborations, you need to take a very considered holistic view of what is needed in any collaboration, let alone cutting across sectors to generate a successful outcome.

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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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There Are Few Things As Dangerous As A Big Idea Misunderstood

Digital Tonto

Big ideas are powerful because they encapsulate an essential truth. When Fukuyama wrote about “the end of history,” it really did mark a turning point in human affairs, just as Marshall McLuhan’s concept of a “global village” identified a shift in communications, Kuhn’s model of a paradigm shift helped us understand how scientific breakthroughs occur and Christensen’s ideas about disruptive innovation alerted us to dangers and opportunities we weren’t aware of.

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Naïve realism: Why you think other people’s views are wrong

Idea to Value

Can you know the truth? What if someone else’s truth is different from yours? Who is right or wrong? It might seem like a simple question, but humans are inherently bad at putting themselves in the perspective of other people. One of the cognitive biases which drives this is something called naïve realism. According to research, naïve realism shows that people believe that they see the world around us objectively, and that people who disagree with them must be uninformed, irrational, or bi

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What is Strategic Innovation? Definition, Process, Examples and Management

IdeaScale

What is Strategic Innovation? Strategic innovation is defined as the deliberate and systematic approach of developing and implementing new ideas, products, services, or processes that drive significant organizational growth, competitive advantage, and long-term success. It involves aligning innovation efforts with the overall strategic goals and vision of an organization.

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3 Ways to Reenergize Your Team When Morale Is Low

Harvard Business Review

Employees everywhere are suffering from chronic low engagement and productivity levels, while stress and burnout continue to rise. Add to this the pressures of economic uncertainty and a potential recession, the threat of artificial intelligence automating jobs and skills and disrupting entire industries, and the sense of languishing and loneliness that increasingly permeate the work experiences of many, and the overall picture is rather bleak.

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Optimism Bias

Idea to Value

Just how likely are you to succeed? And how unlikely is it that something bad happens to you, just because it happened to someone else? Surprisingly, most people appear to think that in the future, it is more likely that good things will happen to them, and less likely that bad things would happen to them. This is a cognitive bias known as the optimism bias.

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Higher ed spending problem demands attention no matter court’s opinion

Christensen Institute

This piece was coauthored with Scott Pulsipher, president of Western Governors University. Note: Scott Pulsipher, president of Western Governors University, and I published this piece on Forbes two days before the Supreme Court overturned President Biden’s student loan forgiveness plan, as the majority said that it exceeded the authority Congress delegated to the executive branch.

Course 96
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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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What is Process Innovation? Definition, Examples and Best Practices

IdeaScale

What is Process Innovation? Process innovation is defined as the process of development and implementation of new or improved processes, methods, or systems within an organization to enhance efficiency, effectiveness, and value creation. It involves making changes to how work is performed, the sequence of activities, the utilization of resources, and the overall [.

Examples 130
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Keeping Your Spirits Up When You Really Need a Win at Work

Harvard Business Review

Does it feel like it’s been a long time since you’ve had a major win at work? While there will always be ups and downs, nothing is permanent, even if it might feel that way. Sometimes you’re on top and things are running smoothly; other times, you struggle to stay afloat. If you’re having a hard time believing that the slump will ever end and need to hear it from someone else, contact a friend or mentor who can give your perspective.

LEAN 98
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Normalcy Bias: Why companies don’t react in a disaster

Idea to Value

How is it possible that so many companies fail to react while they are being disrupted ? It may come down to a cognitive bias called the Normalcy bias. The normalcy bias is the tendency of people to ignore the probability of a large negative event or a disaster happening to them, just because it has not happened to them before. This results in people and companies refusing to plan for things which could impact them negatively, such as another company disrupting them, even after they have been wa

Company 178
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The Rise in Data Privacy and Its Impact on Your Brand

Brunner

When the internet was first introduced, it was a bold new frontier. A Wild West without rules and regulations. Only a few short years ago, the general public learned companies were collecting and selling data with every click consumers made. And right now, there is heightened public awareness and scrutiny about data privacy and security concerns due to leading social media companies, like Facebook and TikTok, facing backlash on how they use and share personal data online.

Data 94
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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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What is Open Innovation? Definition, Types, Model and Best Practices

IdeaScale

What is Open Innovation? Open innovation is defined as an approach that emphasizes the collaborative and external sourcing of ideas, technologies, and expertise to accelerate innovation within an organization. It recognizes that innovation can originate from both internal and external sources and seeks to leverage the collective intelligence of a broader network of [.

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The Simple Power of Communicating with Kindness

Harvard Business Review

In today’s world a host of issues are eating away at our connections with each other: Lack of focus, high-speed interactions, political polarization seeping into professional interactions, lack of trust. It’s easy to let daily civilities go by the wayside — or to approach difficult conversations with anger and ferocity — but, the author tells us, her experience as a corporate communications executive points to the benefits for leaders who double down on kindness instead.

Culture 98
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95% of Work is Noise

Innovation Excellence

GUEST POST from Mike Shipulski There’s a lot of noise at work. I’m not talking about the audible noise you hear in your office or the chatter of your coworkers. I’m talking about the noise purposefully created to slather a layer of importance to things that aren’t all that important.

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Artificial Intelligence Can Be Racist, Sexist and Creepy. Here Are 5 Ways You Can Counter This In Your Enterprise.

Entrepreneur - Innovation

Today's entrepreneurs and innovators are exploring ways to use artificial intelligence (AI) to enhance efficiency, productivity, and customer service, but is this technology truly an advancement or does it introduce new complications by amplifying existing cultural biases, like sexism and racism?

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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 is a Culture of Innovation? Definition, Process and Best Practices

IdeaScale

What is a Culture of Innovation? A culture of innovation is defined as the collective mindset, values, beliefs, and practices within an organization that foster and support innovation. It is an environment where creativity, experimentation, and the pursuit of new ideas are encouraged and embraced. In a culture of innovation, individuals are empowered [.

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Nail Your Presentation — Even When Your Time Is Cut Short

Harvard Business Review

One of the most common unpleasant surprises that you’ve likely faced as a public speaker is getting your time cut short. You go into the meeting with a plan for what you’re going to cover based on the allotted time you’ve been given. And then, the technology doesn’t work until 15 minutes into the meeting. Or the decision-maker shows up late, and you’ve waited to start until they arrive.

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Top Process Improvement Tools to Enhance Performance | KaiNexus

Kainexus

Organizations implement process improvement initiatives, using various process improvement tools, to drive operational excellence, enhance customer value, achieve cost savings, and remain competitive in their respective industries. By continuously evaluating and improving their business processes, companies can continuously evaluate and improve their processes to adapt to changing market dynamics, deliver superior products or services, and achieve sustainable growth.

Tools 81
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Bringing Yin and Yang to the Productivity Zone

Innovation Excellence

GUEST POST from Geoffrey A. Moore Digital transformation is hardly new. Advances in computing create more powerful infrastructure which in turn enables more productive operating models which in turn can enable wholly new business models.

Change 81
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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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What is Continuous Innovation? Definition, Examples and Management

IdeaScale

What is Continuous Innovation? Continuous innovation is defined as the ongoing process of introducing new ideas, methods, products, or services within an organization or industry to maintain a competitive edge and drive growth. It is the practice of consistently seeking and implementing improvements, advancements, and changes to stay ahead in a rapidly evolving [.

Examples 130
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Build a Winning AI Strategy for Your Business

Harvard Business Review

Artificial intelligence is a kind of catalyst; it’s the next wave of truly transformative technology with potential we cannot yet fully envision or appreciate. Companies will start by using this new technology to do “old things” before discovering the new opportunities it creates. So, how should they go about this process? They should: start by experimenting, deploy for productivity, transform experiences, and then try to build new things.

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Are You Future-Proof? Preparing for Technological Disruptions

Phil McKinney

Have you ever stopped to wonder how ready you are for the inevitable future of technological advancements? We live in unprecedented technological advances, and with these advances come disruptions that can significantly impact our lives and businesses. Technology is profoundly changing how we work and live, from automated manufacturing to artificial intelligence.

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Embracing the Future: The Transformation of Education through AI and EdTech — Part 2

Daniel Burrus

In part 1 of this article, we diagnosed a reality of many digital disruptions, especially those pertaining to AI and automation in the education industry: Technology will NOT replace humans, but only give them a greater opportunity to leverage their tactile, human skills to find new roles in the world. In such a hands-on, human sector as education, educators, administrators, and leaders alike should not fear the current influx of autonomous software like ChatGPT but instead, use an anticipatory

ChatGPT 79
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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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What is Discontinuous Innovation? Definition, Examples and Management

IdeaScale

What is Discontinuous Innovation? Discontinuous innovation (also known as disruptive innovation) is defined as a type of innovation that introduces significant changes and often creates new markets or displaces existing ones. It involves the development of new products, services, or business models that fundamentally alter the way things are done in an industry [.

Examples 130
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What SCOTUS’s Affirmative Action Decision Means for Corporate DEI

Harvard Business Review

While the Supreme Court’s recent ruling on affirmative action is focused on government actors and universities, it’s inevitable that some corporate leaders will use it as a reason to abandon diversity, equity, and inclusion programs they already opposed. However the authors argue that the court has left plenty of room to continue advancing DEI in the workplace.

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Ridiculous Discount on Charting Change eBook

Innovation Excellence

Wow! Exciting news! From now until July 28, 2023 you can get the digital version (eBook) of my latest best-selling book Charting Change for only $12.99! Sorry, unfortunately this sale doesn’t have a discount on the hardcover.

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Reacting to Mistakes with Kindness to Learn and Improve: An Excerpt from “The Mistakes That Make Us.”

Kainexus

The following is excerpted and adapted from my book, The Mistakes That Make Us: Cultivating a Culture of Learning and Innovation. I admire the culture that KaiNexus leaders have been cultivating -- as with a garden, tending to the culture is a never-ending process.

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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.