Sat.Jun 15, 2019 - Fri.Jun 21, 2019

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Why Is Innovation So Hard?

Viima

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Choosing WHAT to Do

Innovation Excellence

In business you’ve got to do two things: choose what to do and choose how to do it well. I’m not sure which is more important, but I am sure there’s far more written on how to do things well and far less clarity around how to choose what to do. Choosing what to do.

How To 56
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Ideas are easy, good ideas are hard

Jeffrey Phillips

I'm writing a series of posts that examine some of my lessons learned after over 15 years of corporate innovation consulting. Past posts have included the concept of needing a why and a how for innovation , why ideas need a sponsor and how to understand the range of innovation options your company will consider. In this post I want to discuss the proliferation of ideas and their relationship to innovation.

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All things considered for Innovation Thinking

Paul Hobcraft

Source: Rikke Dam and Teo Yin Siang. When we are designing innovation for the future, the search is even more centered around strategically connected value creation. The task of searching to resolve more complex problems allows Design Thinking to step up and become a far more visible component on how we can go about this. Design thinking needs to work in harmony with many other thinking skills to make its contribution.

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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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Corona releases Fit Packs: Beer cans that link together

Idea to Value

The Mexican Beer manufacturer Corona has found an innovative new solution to the problem of plastic packaging which holds packs of beer together. They have redesigned their beer cans so that the top and bottom have a semi-screw mechanism, allowing cans to be “locked together” and carried like a tube. Allegedly the system is strong enough to comfortably connect 10 cans together ( just resist the urge to play with this like a sword like the guy in the video below ).

Video 214
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How the Gig Economy Impacts Innovation

IdeaScale

Today, more than one-third of workers in the United States are part of the gig economy, and that translates into 57 million people. For some, freelancing is a stopover between permanent jobs, but for 24 percent of workers in the U.S., it is their primary, full-time vocation. Despite missing out on traditional job benefits like paid time off, health insurance, and retirement plans, people participating in the gig economy tend to be happier than traditional employees because of the flexibility and

More Trending

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China Plans to Trump Innovation from Outer Space

Braden Kelley

First, let me say that this is not a political article, but instead an article about a potential innovation crisis looming just over the horizon thanks to brinkmanship between China and the United States.

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Podcast S2E37: Duncan Wardle – The former Head of Innovation and Creativity at Disney

Idea to Value

Today, we are speaking with the former Head of Innovation and Creativity at Disney, Duncan Wardle. Can you imagine a job title more closely related to creativity than that? We speak about what it takes for companies to become more innovative, how ideas are developed at Disney and Pixar, and why companies need to embrace creativity to prevent themselves from becoming disrupted in the coming decade.

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Continuous Improvement and Breakthrough Innovation: Why You Need Both

IdeaScale

Innovation has to come from somewhere. Even the biggest game-changers come from understanding the “game” and are built on in-depth knowledge of how existing products or processes work. How businesses conduct operations on a daily basis can encourage or discourage breakthrough innovation. Businesses that strive for continuous improvement lay a better foundation for breakthroughs than businesses that preserve the status quo at all costs or otherwise eschew change.

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Language: the most challenging and trival innovation barrier

Jeffrey Phillips

In my continuing series of lessons I've learned from 15 years of corporate innovation, I've tackled issues including the reasons ideas need sponsors , or why ideas are easy and good ideas are difficult. In this episode I'm going to talk about my experiences as a translator and interpreter. You see, one of the most important things I've learned is that no one has a standard language for innovation, and one of my most important tasks as a consultant (and least appreciated roles) is to create a lan

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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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These 4 Major Shifts Will Drive The 21st Century

Digital Tonto

The truth is that every disruptive era is not only fraught with danger, but also opportunity. Every generation faces unique challenges and must find the will to solve them. My hope is that we will do. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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Scarcity Is an Illusion

Tullio Siragusa

Scarcity Is an Illusion. It’s tempting and easy to choose to see life as a glass half empty or half full. It’s also easy to judge having more or less, as either being full or empty. Abundance or scarcity. Are these two opposite realities something that happens in the mind, or do they manifest in real life in measurable ways? The answer to both questions is yes.

Course 97
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What It Takes to Be an Innovative Leader

IdeaScale

Leading any endeavor can be a challenge, and leading innovation can be an even bigger challenge. Fortunately, the values that make a good leader dovetail well with being an innovative one. A Positive Attitude. Having an optimistic approach to your industry is fundamental to proper leadership, and it’s also key to innovation. After all, innovation works on the assumption that you can make the world better, in small and large ways, and being positive in your approach helps drive innovation.

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5 Steps to create an international team of innovation catalysts

Board of Innovation

In early 2019 Cigna International engaged Board of Innovation to help accelerate their innovation capability by establishing a global innovation network. Not only did we recruit and build an international, cross-functional team of Innovation Catalysts, their journey was kick-started with a hands on, 3-month sprint introducing Design Thinking tools and innovation mindset where teams applied the theory to tackle one of Cigna’s critical business challenges.

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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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4 Things Business Leaders Can Learn About Transformation From Social And Political Movements

Digital Tonto

In the final analysis, driving change is less about a series of objectives than it is about forming a common cause. Related posts: Social Movements Can Teach Us A Lot About What It Takes To Build A. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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Getting Started with Innovation Management

Strategos

What is Innovation Management? Innovation Management involves all activities that provide the right conditions for innovation to repeatedly deliver value for customers, competitive advantage and growth for the business as well as benefits for employees and all other stakeholders. Innovation management needs to become a professional discipline. Managing innovation is a relatively young discipline considering that many of our management practices have been developed almost a hundred years ago.

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What is an Innovation Catalyst?

InnovationManagement

There are numerous new innovation job titles: Chief Innovation Officer (a job title that has increased in occurrence by 500% according to ZipRecruiter’s job title analysis), Innovation Manager, Innovation Coach… the list goes on. But one title that we’ve run into from time to time is the “Innovation Catalyst.” But what does an Innovation Catalyst do that’s different from other roles?

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How IBM Sees The Future Of Artificial Intelligence

Innovation Excellence

Ever since IBM’s Watson system defeated the best human champions at the game show Jeopardy!, artificial intelligence (AI) has been the buzzword of choice. More than just hype, intelligent systems are revolutionizing fields from medicine and manufacturing to changing fundamental assumptions about how science is done. Yet for all the progress, it appears that we.

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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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Strategic Plan Template

Cascade Strategy

Need a helping hand to create your strategic plan? Download our tried and tested strategic plan template - the same template used by thousands of startups and multinationals alike. Our strategic plan template will help you to create a complete strategy, from your vision statement through to your values, your focus areas, strategic objectives, projects, and KPIs.

Project 75
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Interview #6: Virtual Reality is moving beyond your PSVR (Wes Potter)

Innovation Walk

It’s hard to deny that we have entered a world that thrives on innovations in technology. From Artificial Intelligence to Big Data insights and a variety of computer-generated graphics that will baffle your senses. The international opportunities for growth and innovation seem to multiply daily and are only limited by our collective imagination. If Virtual Reality is not yet on your must-know list then it’s time to take notice.

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Starting with the why – two compelling reasons why innovation is important to business

Idea Drop

Simon Sinek caught the attention of the business world when he wrote these simple words in his international bestseller, Start with the Why: “People don’t buy WHAT you do, they buy WHY you do it.” Although sales and marketing teams everywhere have been operating under this paradigm for decades, the message has yet to be […]. The post Starting with the why – two compelling reasons why innovation is important to business appeared first on Idea Drop | Idea Management Software.

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Apple Inadvertently Revealed its Next Big Thing

Innovation Excellence

and it’s not what you think… Eclipsing yourself when you’ve just finished changing the world isn’t easy, it’s nearly impossible. But here’s one way Apple might just pull it off, again. There’s a blessing in being a company as loved as Apple, but there’s also a curse.

Change 74
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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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5 Keys to Successfully Leading a Family Business

Entrepreneur - Innovation

Family businesses aren't always easy, but they are most definitely be worth it.

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Idea Magnets and New Product Development from a New Tree

BrainZooming

Suppose you’ve been successful innovating. Suddenly, you can start over in the same field. What new product development strategy might an Idea Magnet employ to pursue a fresh path to new ideas? That’s a question guitar innovator Rick Turner faced. While you may have never of Rick Turner, you have undoubtedly heard and probably seen one of his famous innovations: the Model 1 guitar.

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Different Types of Knowledge and What They Mean For Your Organization

CMOE

Every successful company or organization in the world is built upon the same foundation: knowledge. And this makes sense; after all, if a company isn’t built around knowledge—knowledge of the customer, knowledge of efficient internal and external processes, knowledge of the market in which the company operates, and more—it simply won’t be able to function in the first place.

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Developing Collaborative Leadership Styles

Innovation Excellence

With a new Australian government recently in place, it raises key questions around the impact of collaborative, autocratic or competitive leadership styles. This caused many voters, like myself, to question what leadership style might be best for our country’s future? Is it a leader who runs a presidential style campaign, operating from an “I” or.

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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 Shadow IT, How It can impact your business and what you can do about it

Exoplatform

The modern workplace evolved significantly in recent years with technological advancements and the takeover of a new generation of employees (millennials and Gen Z). The growing number of consumer applications (like social media platforms, messaging apps etc…) impacted every aspect of every day life. The post What is Shadow IT, How It can impact your business and what you can do about it appeared first on eXo Platform Blog.

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How to Help Marketing Teams that are in a Creative Slump

InnovationManagement

No matter how good you are at your job, slumps and dry spells are just part of being in a creative role at work. When it’s your job to constantly think, innovate, and create, there’s just no getting around it—sometimes you hit a creative slump. How you get out of that slump is what matters. The post How to Help Marketing Teams that are in a Creative Slump appeared first on Innovation Management.

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Is The Project Worth Pursuing?

Beyond the Obvious

What are your criteria for deciding that an idea is worth pursuing? We all have our own set of selection criteria, the first of which is usually looking for profits. However, selecting a course of action based solely on ROI can be limiting. If you are doing something really innovative, how on earth can you […].

Project 56
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Spring Lab: Instilling a Startup Mindset into Large Corporations

Innovation Excellence

1) What is the mission (the reason why, la raison d’être) of Spring Lab, its value proposition, and its main line of services (acceleration devices, learning expeditions, collective intelligence workshop, innov-athons, bootcamp) ? In a highly competitive world with constantly changing ways and growing customer expectations, your company crucially needs to think and innovate to set itself.

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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.