Sat.Mar 12, 2016 - Fri.Mar 18, 2016

article thumbnail

What is innovation? 15 experts share their innovation definition

Idea to Value

I spoke to 15 of the world’s leading innovation experts to get their definition of “innovation” The variety in their responses may surprise you. Content. Introduction. Nick Skillicorn. David Burkus. Stephen Shapiro. Pete Foley. Gijs van Wulfen. Kevin McFarthing. Robert Brands. Paul Hobcraft. Mike Shipulski. Paul Sloane. Jeffrey Baumgartner.

article thumbnail

The innovation tipping point

Jeffrey Phillips

I've thought for a while now that we are on the brink of something big. That innovation will finally reach a tipping point, and like Europe in the Renaissance we'll finally leave the "dark ages" and innovation will flourish everywhere. Right now I believe that for many corporations, innovation is a mystery that seems to promise what we think impossible: more revenue, more profit, more market share at little cost.

Tips 134
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Evaluating Crowdsourcing - has it a bright future?

HYPE Innovation

Crowdsourcing has been interesting to me intellectually for some time, it seems to have the ability to help solve vexing questions, real challenges, and connecting different voices, into a community that can open up the fields of opportunity for new solutions. It does have both the potential to point towards disrupting possibilities, extends the concept of open innovation into a wider source of participation from a diverse community not possible to reach by other means as effectively.

article thumbnail

Warm and Fuzzy at the Front End of Innovation

Paul Hobcraft

Perhaps I have fallen into the very trap I have campaigned about in the past, in recognizing and resolving the disappointing results we achieve from all the work we put into the front end of innovation. The “warm and fuzzy” front end of innovation can make us all a little grumpy. Let me explain. I recently wrote out a newsletter – termed a thought or two – to my innovation network.

article thumbnail

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.

article thumbnail

You can’t ride this bicycle (because your brain won’t let you)

Idea to Value

People often say that doing something after you haven’t done it for a long time “is just like riding a bicycle” Which is essentially saying that once you’ve managed to do something, it’s a lot easier to do again in the future. In this interesting video above by Destin Sandlin from Smarter Every Day , he tries to find out why almost everyone fails at the simple task of riding a bicycle that is just slightly different from the ones everyone knows how to ride: When ste

Video 159
article thumbnail

Innovation and N "X" D

Jeffrey Phillips

Henry Ford is perhaps one of the most well-known innovators in the US. After all, it was his mass production line that helped people make the shift from horses or high cost / low quality automobiles to a reliable, affordable car - the Model T. Ford wasn't the first to manufacture a car, but he was the first to realize the power of a low-cost, reliable automobile.

More Trending

article thumbnail

‘Et maintenant’, Exago’s idea management software is available in French

Exago

With a new French version, Exago’s Idea Market is, as of March, available in eight language options. This newest translation eases the adoption of the idea management software by two new clients headquartered in France and in Quebec, Canada, as. Read More. The post ‘Et maintenant’, Exago’s idea management software is available in French appeared first on www.exago.com.

article thumbnail

Key Issues in Innovation Management – Revisited – Part 2

Tim Kastelle

In part 1 of this post , Ralph revisited key innovation issues that were already addressed by us three years ago. In addition to these still highly topical issues, we’d like to raise another four points which we personally foresee key for innovation management in the time to come – making no claim to completeness: Organizational Ambidexterity.

article thumbnail

EU is making supermarkets give unwanted food to the needy

Idea to Value

More and more European Countries are now making it mandatory for supermarkets to donate their leftover produce to the needy instead of it going to waste. This week, Italy has voted to change the law to make supermarkets donate their waste food to charities and food banks. This follows France, which in February passed a similar law requiring food that was past its sell-by date to be donated.

article thumbnail

Charting Change Book Launch Special – Free Visual Project Charter™ Poster Download

Braden Kelley

In celebration of the launch of Braden Kelley’s latest book – Charting Change – we are proud to make two new poster size downloads from the Change Planning Toolkit™ available for a limited time for FREE: Visual Project Charter™ – … Continue reading →

Project 106
article thumbnail

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.

article thumbnail

To Adapt, We Need To Evolve

Digital Tonto

It’s become fairly common for executives to reject ideas because they say, “it’s not in our DNA,” but that's a misapprehension of what DNA is and what it does—evolve Related posts: How to Create. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

How To 81
article thumbnail

Temporary Innovation Veep

Gregg Fraley

The case for bringing in a temporary Innovation Veep. “On Call Innovation Director/Mentor/Trainer”? What really changes innovation culture? Are you seeking a change in your innovation approach? Is your organization mired in a non-innovative swamp? First let me say what does NOT change innovation culture. It’s not that these services that I’ll mention below can’t be helpful, they can.

article thumbnail

AlphaGo beating Lee Sedol at Go is another milestone in AI

Idea to Value

Yesterday, an artificial intelligence programme called AlphaGo beat World Champion Lee Sedol at the ancient game of Go. Similar to Deep Blue’s 1997 win over chess grandmaster Garry Kasparow , this signals another major milestone in the development of intelligent computers. The reason why this win is so important is due to the complexity of the game of Go.

article thumbnail

The 4 most useless people to have in your innovation project

Board of Innovation

Let’s assume your innovation project has a clear purpose. Example: “You want to find new sources of revenue based on the existing assets you have as a company.” To develop a new product or services you decide to launch an innovation accelerator. The people you invite to your brainstorms & workshops are of course carefully selected. But still we see.

Project 64
article thumbnail

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.

article thumbnail

The 4 Mindset Shifts Marketers Need To Make Now

Digital Tonto

If we see the rules as fixed, we’ll tend to be limited by conventional barriers of achievement. But if we see that paradigms are, to a large degree, self imposed, the possibilities are endless. We. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

article thumbnail

Innovation as a Service!

Innovation Excellence

Software as a Service (SaaS) is a well known acronym for software distribution model in which applications are hosted by a vendor, and made available to customers over the Internet. Can this concept be applied to innovation? As a matter of fact, we see a growing number of initiatives where innovation endeavor is hosted outside the company.

article thumbnail

9 Ideas on How to Involve a Team in Group Strategy Exercises

BrainZooming

Whenever possible, we try to help clients select a mix of people to participate in group strategy exercises. We review the importance of including front-line decision makers, functional experts, and individuals with creative perspectives. We are also proponents for reaching beyond familiar people that are always involved strategic planning meetings and drive the outcomes of group strategy exercises.

article thumbnail

20 questions to ask when validating your business idea

Board of Innovation

A part of our innovation workshop is idea validation User validation can be categorized into 2 different points of view: problem validation and solution validation. It’s important that you avoid confirmation bias. You must look for the deep-rooted problem of a user instead of pitching your idea. It is all about listening. Do not expect them to reinvent the future.

article thumbnail

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

article thumbnail

What Innovation Feels Like

Mike Shipulski

There are countless books and articles on innovation. You can read how others have done it, what worked and what didn’t, how best to organize the company and how to define it. But I have not read much about how it feels to do innovation. Before anything meaningful can happen, there must be discontent or anger. And for that there needs to be a realization that doing things like last time is a bad idea.

Video 57
article thumbnail

The Physics of Disruption

Innovation Excellence

Jeremy England, a rising star in the world of physics, has made quite a stir with his ideas about the meaning of life. In a nutshell, England argues that while disorder in the universe tends to increase over time, living things harness energy around them to create order from randomness.

article thumbnail

The Entrepreneur with a Thousand Faces

Leanstack

An archetypical pattern to the entrepreneur’s journey…or not? In “The Hero with a Thousand Faces,” Joseph Cambell described a narrative pattern for the archetypical hero’s journey. Every hero story, from Luke Skywalker to Neo, follows this structure. I wanted to explore if such an archetypical pattern also exists for entrepreneurs.

article thumbnail

Five Ways Working More Slowly Can Boost Your Productivity

Faisal Hoque

You know all about why multitasking is bad and meditation is good. Here's the cognitive case for why slower might be better. The post Five Ways Working More Slowly Can Boost Your Productivity appeared first on Faisal Hoque :: Entrepreneur | Author.

article thumbnail

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.

article thumbnail

Who is Your Customer?

Strategyn

Before a company can become customer-centric, company managers must agree on exactly who the customer is. Gaining such agreement is not easy. When we ask company managers who their customer is, we typically hear, “We have many customers.” Often they add that customers include both “internal stakeholders and external customers.”. To further complicate matters, external customers are typically said to include influencers, decision makers, buying groups, end users, operators, installers, and others

Groups 50
article thumbnail

RIP George Martin – An Innovation Master

Innovation Excellence

It has been a tough few months for Rock and Roll. We have lost Bowie, Lemmy, BB King, Chris Squire, Scott Weiland, Glenn Frey and today, Keith Emerson. On Tuesday, we lost another master blender and enabler – Sir George Martin, the Fifth Beatle. As an innovator, he epitomized many traits we should all aspire to - Expertise, openness, crossing boundaries and passion for quality.

article thumbnail

Understanding your public when it comes to sustainability

Norbert Bol

Sustainability has become an important business principle for companies, governments and communities. To communicate about sustainability or other business issues effectively it is common practice to make use of market segmentation techniques. In the current edition of the Journal of Environmental Psychology there is an engaging study about the development of a new sustainability segmentation model, that includes the social, environmental and economic aspects of sustainability.

Study 46
article thumbnail

Strategic Planning Techniques – 2 Questions that Don’t Work in Groups

BrainZooming

I’ve mentioned my surprise upon realizing strategic planning techniques The Brainzooming Group uses seem to have emerged from Bible passages. Granted, I’ve been to many masses during the last seventeen years. It always startles me, however, when a new example appears. This happened yesterday at mass with a Bible reading I suspect isn’t all that familiar.

Groups 46
article thumbnail

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

article thumbnail

The State of Data Driven Decision Making in Product Management

Moves the Needle

A recent study by Harvard Business Review analyzed the utilization of competitive intelligence and market insights within large corporations. They found that an astonishing 45% of analysts’ input had no impact on decision making within the company. The primary reason, suggests HBR, is that “many executives decide on a course of action and then use competitive intelligence to ratify their choice.”.

Data 45
article thumbnail

The Hardest Part of Innovation

Innovation Excellence

Empathy is defined by Merriam-Webster as "the feeling that you understand and share another person's experiences and emotions: the ability to share someone else's feelings." Really feeling the feelings of your customers means walking in their high heels or loafers.

article thumbnail

Innovation Sighting: Putting Space Aliens to Work

Innovation in Practice

The Task Unification Technique is one of five in the SIT methodology, and it produces remarkable clever ideas - the ones that make you slap your forehead and say, "Gee, why didn't I think of that?". Task Unification is defined as: assigning an additional task to an existing resource. That resource should be in the immediate vicinity of the problem, or what we call The Closed World.

article thumbnail

Digital Innovation is Kind of a Big Deal Right Now

Daniel Burrus

We currently find ourselves in what I would call the big deal phase of a digital transformation where exponential change is creating dramatic advancements in a very short space of time. However, to fully understand how we can use this to accelerate innovation in our own organization, I invite you to take a short trip back in time. Way back in 1983, after launching my company, Burrus Research , I was studying innovations in all areas of science and technology on a global level.

Trends 42
article thumbnail

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.