Sat.May 14, 2016 - Fri.May 20, 2016

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The rise of open innovation

Exago

Just a little over two decades ago, engaging external stakeholders was a rare thing. Now, open innovation is trendy. Why is this? For a start, change has become the rule. The post The rise of open innovation appeared first on www.exago.com.

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Treating Innovation Risk Differently, Dealing with Uncertainty

Paul Hobcraft

We need to open up our thinking about risk and innovation management. We should aim for a really healthy construct that does help all involved or associated with innovation and managing risk, that gives a better chance of pushing beyond the incremental innovation that avoids most risk and disappoints those seeking real growth. In this post two, within a three part series, I build the argument on why we need to treat innovation differently within any risk assessment.

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Innovation without change

Jeffrey Phillips

I've been puzzling this over the last few weeks, trying to wrap my head around the importance of innovation generally and the lack of real innovation delivery specifically. What I mean is that everyone knows that innovation is vital to growth and future success, but very few new innovations are created. The vast majority of innovation effort and outcome is expended on me-too, so what incremental innovations that don't really change the user or the market.

Change 133
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There Is No One True Path To Innovation

Digital Tonto

We need to leave to leave behind the innovation fairy tales and deal with innovation as it really happens. That's how you forge your own path. Related posts: 4 Types of Innovation (and how to. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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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 April Fool’s Day Teaches Us About Innovation

Braden Kelley

April Fool’s Day was this week. Did anyone have a good prank played on them or come across a good corporate April Fool’s? My favorite this year was from my alma mater, the University of Oregon. Go Ducks!

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Treating Innovation Risk Differently, Dealing with Uncertainty

Paul Hobcraft

We need to open up our thinking about risk and innovation management. We should aim for a really healthy construct that does help all involved or associated with innovation and managing risk that better chance of pushing beyond the incremental innovation that avoids most risk and disappoints those seeking real growth. In this post two, within a three part series, I build the argument on why we need to treat innovation differently within any risk assessment.

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Can you teach people to innovate?

Jeffrey Phillips

One of my recent pet peeves is the proliferation of education options for innovation. One of my alma maters offers a "certificate" for innovation management. While I cannot comment on the course, it is taught by two professors with little private sector experience who haven't created a product. One of them is a psychology major, which I guess makes sense because innovation is often the product of new or unusual insights or perspectives.

Training 113
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Innovation Insights from Jeff Bezos and Amazon

Destination Innovation

As a boy brought up in Florida, Jeff Bezos developed a keen interest in computers. He graduated from Princeton in 1986 with a degree in computer science and electrical engineering. He then worked for an investment firm in New York before quitting his well-paid position in 1994 to start Amazon, just as internet commerce was beginning to take off. He started the company in his garage where he wrote the software systems for online commerce.

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Developing a new framework for risk and innovation.

Paul Hobcraft

I believe we need a new way to manage risk within our innovation activities. It needs to be treated differently from the general ‘risk management’ criteria applied within our business organizations. In a three-part series, part one outlined the implicit need to align innovation to the corporate strategy and through this we can determine ‘acceptable risk’ In part two I offered up numerous reasons why we should recognize and treat innovation risk differently, so as to allow

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How a Facebook group found a eggwhite substitute in chickpeas

Idea to Value

Sometimes, the biggest innovation breakthroughs come from unexpected places. Today I want to show you a recent example, where a group on Facebook found a solution to a problem which the food industry has spent billions trying to solve. It’s called aquafaba. In the world of innovation, such breakthroughs by people outside of the industry are known as outsider thinking, from people who bring a different perspective to approaching the challenge.

Groups 117
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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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Best Of The Bonn Forum: The Secret Sauce

HYPE Innovation

Continuing the “Best Of The Bonn Forum” series, this next post is all about some of the handy (and often surprising) resources our presenters used to refine and redefine their innovation processes, principles and culture. From “children’s” stories to established toolkits and cutting-edge software & algorithms, getting innovation started is as much a science as it is an art.

Software 100
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Cloud Computing Just Entered Totally New Territory

Digital Tonto

Before, we used the cloud to access greater capability at lower cost. Now, for the first time, anybody can access capabilities that virtually no one—even large firms and sovereign nations—could. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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Developing a new framework for risk and innovation.

Paul Hobcraft

I believe we need a new way to manage risk within our innovation activities. It needs to be treated differently from the general ‘risk management’ criteria applied within our business organizations. In a three-part series, part one outlined the implicit need to align innovation to the corporate strategy and through this we can determine ‘acceptable risk’ In part two I offered up numerous reasons why we should recognize and treat innovation risk differently, so as to allow

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The miraculous magnet marble machine

Idea to Value

Using nothing more than marbles, magnets and some wooden blocks, this guy has created a wonderfully creative machine. This creation is the brainchild of Youtuber Kaplamino , whose channel has all sorts of other creations for your viewing pleasure. It also has more than a striking resemblance to a computer game I used to play, called The Incredible Machine.

Video 102
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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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Strategic Thinking Exercise – 17 Questions to Find Innovation Case Studies

BrainZooming

I’ve lost count of how many times I have heard business people say and then try to explain why their particular companies are unique. By this, they typically mean there is no possibility any other company faces the same types of challenges and operational issues they deal with daily. While that might be a comforting perspective if you’re fond of business isolationism, it’s rarely true once you start to explore the business strategically.

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The 9 Rules of Innovation

Innovation Excellence

So who deserves credit? Engelbart for coming up with the idea? Taylor and Kay for engineering solutions around it? Jobs for creating a marketable product that made an impact on the world? Strong arguments can be made for each, as well as for many others not mentioned here. The truth is that there are many paths to innovation. Here are nine of them.

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The Pressing Need to Link Risk into an Innovation Strategy- part one

Paul Hobcraft

I want to bring together some thoughts on risk and innovation. This is the opening part and sets the scene. I feel we spend less time on the management of risk within our innovation initiatives, as we so often simply measure risk on established risk / return lines of known existing business criteria, treating it as part of our existing ongoing business and that is plainly wrong.

Strategy 124
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Levers for Healthcare Innovation

Idea to Value

Healthcare in the United States is in transition. The historical fee-for-service model in the healthcare industry is being challenged and is unsustainable as the future nears. Change will continue with the demand for new approaches for healthcare. This change is immense, impacting nearly every aspect of the health system. Many system stakeholders, the government, institutions, medical providers, insurance payors and patients, are overwhelmed by the required change and are unsure where to begin.

Policies 100
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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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5 Excuses of companies that don't innovate (and how to overcome them)

Moves the Needle

“We’re too big.” “We’re not a startup.” “We’re not ready.” “We have the wrong culture.” “We acquire innovation.” Although every organization faces unique challenges, we see the same excuses repeatedly why established enterprises can’t do “real” innovation. Here are the top 5 to be aware of and some ideas on how to overcome them. 1. “It’s not my job.

LEAN 75
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Innovation Strategy – Here, There, and Everywhere

BrainZooming

I have been traveling more recently for speaking than at any time during history of The Brainzooming Group. While there’s more to come in the months ahead, here are highlights of a couple of innovation strategy presentations this week to very different groups. Innovation Strategy in Your Organization – An Innovative Workplace Culture. Today, I’m in Cincinnati presenting to senior executives from multiple companies on cultivating an innovative workplace culture.

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Innov’Up at La Poste (French mail company), by Aude Le Carpentier

Rapid Innovation in digital time

Aude Le Carpentier is in charge of Innov’Up Creativity, in the Service-Mail-Parcel sector of La Poste. She's a 27 year-old manager of a team of 15 creative people, helping business teams to develop innovative services. Let's dig in into her enthusiastic experience.

Company 63
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Innovating Through Partnerships

Innovation in Practice

Have you ever heard the expression, "Riding on the Coattails of Others?" What it means is - achieving success by associating with other people or groups. In sales and marketing, it’s another great way to create opportunities and improve your sales revenue. Let’s look at how. To achieve success through others, you have to form partnerships, or what we sometimes call a joint venture.

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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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Innovation and the role of lead users in online communities

Norbert Bol

User communities in product and service innovations have been identified as important sources of innovations. In user communities, users not only share their innovation-related knowledge but also develop it by giving and receiving feedback from other users. Companies such as IBM, Audi, Microsoft, BMW and Nokia are trying to include innovation-related knowledge of users through online user-communities.

Trends 60
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Strategic Thinking Skills – What Does Your Analysis Style Look Like?

BrainZooming

During a strategic thinking skills workshop for a client, we shared ideas for taking information from varied sources and identifying strategic themes. One slide during the workshop focused on analysis styles and featured two contrasting images. The image on the left is a divided plate (affiliate link) intended to keep all your food items separate from one another and in the places you originally placed them.

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Loving Your Customers

Technology Created

“The goal as a company is to have customer service that is not just the best, but legendary.” ― Sam Walton. Do you ever have decision fatigue? Have you ever gone through your day tired of answering pointless questions? And always answering them the same? Room for cream? Paper or plastic? Would you like a receipt? Do you want cash back with that? Yes, Paper, No, No.

Course 58
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Frankfurt Airport Launches Open Innovation Challenge

IdeaConnection

Frankfurt Airport, commonly known as Frankport wants to improve the passenger experience. And so it is adopting an open innovation approach to harness what it hopes will be some innovative, popular and cool ideas. The very first Frankfurt Airport Innovation Challenge is now under way and travelers have until June 28th to submit their ideas. “In keeping with our new slogan, “Gute Reise!

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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.

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How to Embrace Risk to Create Value

Innovation Excellence

Risk has a bad reputation, and for valid reasons. Nothing can negatively impact revenue, pollute a healthy customer base, or disappoint shareholders quite like it. This is why industries spend millions of dollars a year just to avoid risk.

How To 55
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Creative Quickies – A Vital New Product Development Question to Ask

BrainZooming

There are soooooooooooooo many ways to generate creative ideas. One way is to come up with a name that inspires an idea. When you check the name, it doesn’t work (or someone has already used it), but the idea has some possibilities, so you run with it. That’s what has happened here. A name for a new Friday feature popped into my head at a conference.

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Channel your inner sea captain.

Mike Shipulski

When it’s time for new work, the best and smartest get in a small room to figure out what to do. The process is pretty simple: define a new destination, and, to know when they journey is over, define what it looks like to live there. Define the idealized future state and define the work to get there. Turn on the GPS, enter the destination and follow the instructions of the computerized voice.

Course 45
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How Gamification Can Alter Our Behavior

Daniel Burrus

During this unique period of technology-driven transformation, the education sector has so far been slow to embrace the power of digital tools that can be used to accelerate learning. Spending time, energy and money protecting and defending conventional teaching methods only postpones the inevitable and keeps the transformative power of digital disruption, when used wisely, from taking training and education to a new level of success.

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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.