Destination Innovation
JUNE 21, 2017
If you want to stop your organisation from trying to develop significant new products or services then here are seven solid arguments you can rely on. We are successful. We are growing and making a modest profit. Innovations absorb resources and cost money. Why should we distract ourselves and mess with success? Everyone is very busy. All staff are working hard on urgent tasks sorting out today’s problems.
IdeaScale
JUNE 22, 2017
DICK’S Sporting Goods was founded in 1948 and continues to be a family run business today with over 600 stores nationwide. Nowadays, however, Dick’s Sporting Goods has 37,600 employees worldwide serving its founding brand and its subsidiaries and is one of the largest sporting goods retailers in the world. After 69 years of growth, Dick’s is a great company ripe for crowdsourcing and they launched their first company-wide ideation platform last year.
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Paul Hobcraft
JUNE 22, 2017
German Late Medieval (c. the 1370s) depiction of the construction of the tower. Any innovation common language needs working upon. It firstly needs recognition it is in our best interests to find a common point. It needs to be relevant to each of us, it must be current, appropriate, accurate and highly visible throughout the entire organization. It also needs to be allowed to grow and flourish, to evolve and become the lingua franca of all our innovation work.
Exago
JUNE 20, 2017
Leaders with a clear vision tend to use cost-cutting and improvement to align costs with business strategy. The trend gained ground in the last decade, as world turmoil intensified and growth became a more elusive and complex goal to reach. The post Strategic cost-cutting is not dead, and we are here to prove it appeared first on www.exago.com.
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.
Idea to Value
JUNE 22, 2017
Command-and-control, top-down organizations have the most trouble innovating. In particular, the fearful mindsets that review, align, and sign off on “decks” to be presented to Vice President-level colleagues often edit out the insights and recommendations that have the power to grow the business in new ways. These well-trained, obedient keepers of the status quo are rewarded for not taking risks and for not thinking outside of the existing paradigm of the business.
IdeaScale
JUNE 20, 2017
One of the most effective ways to engage your crowd is to demonstrate commitment to turning their ideas into real value and impact. However, this can present some challenges for innovation managers. Some concerns we have heard from innovation managers: “I do not want to overpromise what we’re going to do with people’s ideas.”. “What if the ideas are in a focus area we’re not even working in?”.
Business Innovation Brief brings together the best content for business innovation and strategy professionals from the widest variety of industry thought leaders.
Digital Tonto
JUNE 21, 2017
The truth is that no amount of complex tables and graphs can hide the fact that humans, with all of their faults, lie behind every system. Related posts: If Big Data Is To Live Up To Its Promise, [[ This is a content summary only. Visit my website for full links, other content, and more! ]].
Exago
JUNE 20, 2017
Leaders with a clear vision tend to use cost-cutting and improvement to align costs with business strategy. Take these five steps to make it work. The post Strategic cost-cutting is not dead, and we are here to prove it appeared first on Exago.
IdeaScale
JUNE 21, 2017
Why is crowdsourcing right for you? Many people tend to view crowdsourcing, internal or external, and internal teamwork as either/or propositions; one tends to be the backup for the other. But, in truth, they’re symbiotic, each building on each other. Why? The More Diverse, The Better. We’ve all heard the stories of overseas marketing disasters, like the Chevy Nova going to Mexico only for the automaker to learn “no va” means “no go” in Spanish.
BrainZooming
JUNE 21, 2017
We were listening in on an internal innovation strategy call conducted by one of our clients. The team was wrestling with a concern voiced by the organization’s senior leader that its complete innovation portfolio wasn’t capable of yielding the financial impact he is seeking. The key question was, “Where’s the beef with this innovation strategy?”.
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.
Wazoku
JUNE 22, 2017
Every successfully implemented idea/product is a result of a long and painstakingly supervised innovation process. While principles and methods of idea development are universal for all industries, there is no strict rule regarding the steps from idea generation to implementation. Image from dilbert.com. Here is a list of 10 steps that follow the idea management process from idea generation to implementation. 1.
InnovationManagement
JUNE 21, 2017
Companies that encourage and reward intrapreneurship have a great advantage when it comes to retaining the best talents - especially important in today’s creative climate. Here are a few ways that your company can turn your employees into highly-engaged intrepreneurs.
IdeaScale
JUNE 22, 2017
DICK’S Sporting Goods was founded in 1948 and continues to be a family run business today with over 600 stores nationwide. Nowadays, however, Dick’s Sporting Goods has 37,600 employees worldwide serving its founding brand and its subsidiaries and is one of the largest sporting goods retailers in the world. After 69 years of growth, Dick’s is a great company ripe for crowdsourcing and they launched their first company-wide ideation platform last year.
BrainZooming
JUNE 19, 2017
In the Midwest, where I grew up, grain elevators are a common sight. The tall structures store grain for processing, and you learn as a kid that they can be both combustible and explosive. Given they hold a high concentration of grain, and therefore a large surface area, it only takes a small spark to turn one into an explosive scene. 3 Conditions for Explosive Creative Thinking Skills. via Shutterstock.
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.
Idea Drop
JUNE 22, 2017
One of the key findings in PwC Innovation benchmark report was that bringing more stakeholders into the innovation process is the most effective way to drive success in innovation. This is because it helps to align innovation and business strategies, facilitates access to new ideas and talent, enables people to fail faster and bring new innovations to market quicker.
InnovationManagement
JUNE 22, 2017
It’s pretty much impossible to argue with Apple’s success. It’s one of the most valuable companies in the world, and has maintained dominance for its reputation as an innovative company that produces top-of-the-line hardware. Because of its products and brand reputation, Apple has gained a cult following that will buy nearly every new product that emerges, year after year.
Faisal Hoque
JUNE 20, 2017
Eastern thought and meditation are pushing ever-closer to the mainstream. Today, many ancient teachings coincide perfectly with modern research on improved mental agility. The post Buddha Had It Right: Relax The Mind And Productivity Will Follow appeared first on Faisal Hoque :: Entrepreneur | Author.
Innovation Excellence
JUNE 23, 2017
Two groups of engineering students were given a similar task – to design a bicycle rack for a car. The first group focused on the problems with the existing design and that constrained their thinking. The second group came up with much more elegant and effective designs.
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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
Destination Innovation
JUNE 19, 2017
My interview with an old friend, entrepreneur and philanthropist John Spiers. [link]. John Spiers at Aldermaston in 1970. Paul Sloane, Robin Bloor, John Spiers, Ibiza 1971. The post Interview with John Spiers appeared first on Destination Innovation.
InnovationManagement
JUNE 20, 2017
A business plan is at the heart of every business. But instead of just writing down your business plan, your startup’s business model will require proper validation before you start doing business. If you don’t validate it, the investor simply won’t invest. You can validate your business model through three core assumptions: delivering, creating and capturing value.
IdeaConnection
JUNE 23, 2017
Mattel, Inc, the American multinational toy manufacturing company is now embracing open innovation in a big way. Engineers, inventors and indeed anyone with a great idea for a toy can now submit it to the company’s online portal. Previously, if you wanted to submit an idea to Mattel, you needed to be already established in the field or be represented by a toy broker.
Planview
JUNE 22, 2017
How does tech titan Amazon out-innovate its competition time-after-time? They do one thing more frequently than most. In an article on Business Insider , CEO of Amazon Web Services – Amazon’s cloud computing business – Andy Jassy discussed what makes the massive billion dollar company different from the competition: “When our leaders walk into a meeting, they are looking for a way to say yes.” This tendency to say yes explains how the company has achieved so much since its founding:
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.
Innovation Excellence
JUNE 22, 2017
Will we prepare our children to compete in a world where creativity and divergent thinking become more important than rote memorization? Can we rethink our business structures and processes to embrace more divergence and creativity?
Mike Shipulski
JUNE 21, 2017
Try – when you’re not sure what to do. Listen – when you want to learn. Build – when you want to put flesh on the bones of your idea. Think – when you want to make progress. Show a customer – when you want to know what your idea is really worth. Put it down – when you want your subconscious to solve a problem. Define – when you want to solve. Satisfy needs – when you want to sell products.
Collective Innovation
JUNE 17, 2017
Open innovation means allowing everyone a voice at the table. Each individual has a unique perspective to add and can identify opportunities and problems that you otherwise may not see with the traditional closed innovation model. At Collective Innovation our focus has always been on increasing engagement, since your personal and organizational success is based on the buy-in and active participation of your community.
Planview
JUNE 22, 2017
How does tech titan Amazon out-innovate its competition time-after-time? They do one thing more frequently than most. In an article on Business Insider , CEO of Amazon Web Services – Amazon’s cloud computing business – Andy Jassy discussed what makes the massive billion dollar company different from the competition: “When our leaders walk into a meeting, they are looking for a way to say yes.” This tendency to say yes explains how the company has achieved so much since its founding:
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
Innovation Excellence
JUNE 20, 2017
Many of those innovation tools that have been emerging in recent years have now built up a powerful body of validation, and they become necessary to know and practice yet often miss the basic building block needs of innovation. We need to do better, we need to design a completely new innovation process that takes into account all that has evolved in our understanding and experiment in recent years.
InnovationManagement
JUNE 19, 2017
Disruptive ideas don’t just happen - they must be championed. In doing so, intrapreneurs must address two fundamental truths when leading big idea innovation: that of value creation and that of persuasive communication. If you want to learn how to scale innovation across your enterprise and create a disciplined approach for creating market-changing ideas, One Hour Innovator is a great place to start.
eZassi
JUNE 23, 2017
FEI Europe – Adapt, disrupt, innovate. This year’s FEI Europe conference in London was full of energy and ideas and I left feeling more motivated and inspired than ever to continue to find new ways to disrupt stale approaches to innovation. While every success should be celebrated, it is vital that companies don’t make the mistake of resting on their laurels.
Innovation 360 Group
JUNE 19, 2017
In many assignments, we see that the client has already established an innovation centre, or may be planning to do so. But often such centres do not deliver on expectations and instead can turn out to be very cost inefficient structures that clash with the rest of the organization. However, ignoring innovation and the capability it can give an organization is not a viable option in today’s marketplace, so the question is how can we better design such capabilities to drive forward innovation?
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