Sat.Jan 13, 2018 - Fri.Jan 19, 2018

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The Knowns and Unknowns of the Front End of Innovation

HYPE Innovation

The above quote is from the former U.S. Secretary of Defense Donald Henry Rumsfeld, who mentioned “unknown unknowns” (Rumsfeld, 2002). Since then, people have started using quadrants of knowledge, i.e., known known, known unknown, unknown known, and unknown unknown, to understand and explain the nature of risk but also of leading to an opportunity. For innovators so much of innovation is hard to detect, it needs discovery and working through these quadrants of knowledge as well.

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Innovation is Always an Opportunity for Learning

IdeaScale

Innovation programs generate more than ideas and new products, they generate data and insights that can inform your strategic direction. Even if your campaign goes through a round of ideation without resulting in any ideas that you’re going to implement, there’s still a wealth of information that you’ll want to parse, manage, and explore.

Learning 168
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How to introduce a cost-cutting strategy in your innovation initiative: Step 1

Exago

To introduce a cost-cutting strategy in your innovation management initiative and ensure that your business remains relevant and able to maximise its potential under less favourable circumstances, five major steps should be taken. The post How to introduce a cost-cutting strategy in your innovation initiative: Step 1 appeared first on Exago.

Strategy 133
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Why you should work with an innovation consultant

Jeffrey Phillips

OK, here comes the pitch. I'm an innovation consultant. I've been working in the innovation space for over 12 years. I have a somewhat (cough) vested interest in writing a blog post about why you should work with an innovation consultant. Of course if you happen to select this particular consultant you'll be exceptionally successful, but there are some other perfectly acceptable consultants out there.

Tools 113
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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’s New In Corporate Innovation 11 January 2018

Imaginatik

A very Happy New Year to you all as we continue with our second edition of “What’s new in Corporate Innovation”. Following on from our last blog, showcasing a number of interesting and highly topical articles, this week we have picked another three noteworthy pieces that we hope you will enjoy. ‘Pure Play Retail Is Dead’ — How Walmart & Jet.com Are Shaping The Future Of Commerce.

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The Real Story Behind an Innovation

IdeaScale

Innovation is more than just one person’s idea. Whenever you read about innovation, you’re sure to hear about how Steve Jobs changed everything with the iPhone. It is, to many, a perfect moment, a recent point in time where a company came along and changed everything out of the blue. Yet the iPhone is actually the result of years of work, a slow process that took two decades and dozens of products.

More Trending

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4-Step Formula for Idea Magnets and Teams to Encourage Each Other

BrainZooming

At the church we attend on Sundays, they recite the rosary beginning thirty minutes before each mass. For the 7 a.m. Mass, there are few people present for the start, especially when there is snow on the ground. Cyndi and I arrived yesterday as the snow was flying and rosary was just starting. We took our typical place near where the individual leading the rosary sits.

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Munich Re offers a real clarity to their innovating future

Paul Hobcraft

The most impressive presentation I reviewed in 2017 was the one from Munich Re, held on 21st November 2017 under their investor day event. This, for me, was so well structured and offered such a high level of clarity on the pathway they are pursuing, for innovation and digital, with the outcomes emerging of building a new suite of Business Models. I can simply touch on it here, I suggest you do your own drawing of conclusions.

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IdeaScale’s Top 5 Emerging Trends for 2018

IdeaScale

We get to learn a lot from our customers. They share the campaigns that they’re launching, they tell us what they’re interested in learning, and they tell us how others are responding to the same problems that they have. So while we’ve been listening, we’ve been thinking about what the top emerging trends for 2018 might be. Here are our top five trends that we expect to see most often over the next twelve months: Mainstream AI.

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Understanding the Value of Workarounds

Boxes and Arrows

As I stare down the tiny leaf-shaped fruit well of my yogurt container, I stop to think, why can’t I ever get ALL of the fruit from this little reservoir? There is always some fruit left over. My spoon is too wide to reach the corners. After trying other options in the silverware drawer, a closer look at the back of my spoon reveals the solution; the small and narrow curve of the spoon handle turns out to be a perfect fit to fulfill my fruity yogurt need!

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From Data to Decisions: Maximizing Retail Potential with 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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Doing Less Better – 4 Personal Success Strategies for High Performers

BrainZooming

What personal success strategies do high performers employ to get and stay ahead in business? Morton T. Hansen, a business professor at the University of California, Berkley, tackles that question in a new book: Great at Work: How Top Performers Do Less, Work Better, and Achieve More. (affiliate link). According to Hansen’s article about the book in The Wall Street Journal, and based on a multi-year study of five thousand business people, the key difference in personal success strategies

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7 Terrible Public Speaking Tips

Innovation Excellence

If you want to be a great speaker then you need to start letting go of some old advice and start using these alternatives. I’ve been a professional speaker for 25 years and a speaking mentor and coach to colleagues for nearly 20 years. There is a magic in truly connecting with an audience that.

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Is the Circular Economy lost in transition?

Norbert Bol

Next week is the Dutch Circular Economy Week. A week where circular principles are presented and discussed to make more progress towards a full circular economy, where there is no no waste and there is a minimal negative impact on the planet’s natural resources. A week dedicated to the Circular Economy is useful in my opinion, to see and feel the progress that is being made.

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Multi-Planet System Discovered by Crowdsourcing

IdeaConnection

In a stellar achievement by the crowd, NASA has revealed details of the first multi-planet system to be discovered entirely by crowdsourcing. K2-138, as it is called, is known to be home to at least five exoplanets. They are orbiting the star K2-138 and it’s thought that there could be more undetected planets within the system. It was discovered through a citizen science project called Exoplanet Explorers where volunteers from all over the world examine data from NASA’s Kepler space

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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 Thinking Exercise – 18 Ideas to Re-imagine a Threatened Business Model

BrainZooming

Before an impending purge of The Wall Street Journal back issues in my office, I reviewed an article from a late December 2017 issue: The New Age of Bespoke Travel. The article, by Nina Sovich, details how certain travel agents have reinvented themselves to compete when online trip planning now dominates over help from actual travel agents. Photo by Dmitry Sovyak on Unsplash.

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The Simple Cure for Overthinking

Innovation Excellence

In front of me sit 40 six sigma “black belts,” appraising me warily, all squinty-eyed and knit-browed. I’ve been asked to give them an introduction to design thinking. I don’t have a six sigma belt of any color. I fully admit that I wouldn’t know the difference between a six and any other number sigma.

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Next-Generation Mobility Stratifies OEMs

Corporate Innovation

Early last November Waymo announced that while it will continue its tests in Washington, California, and Texas, it was ready to start ferrying consumers in its fleet of driverless minivans in Chandler, a suburb of Phoenix, Arizona. Later the same month GM’s management team held an investor day to present the roadmap of its autonomous vehicle program and detail the mobility services it intends to offer using such vehicles starting in 2019, building on its tests in San Francisco and Scottsdale, an

Data 55
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An open innovation success story

Be-novative

We have a particular key learning to share along with an open innovation success story. First, let's briefly go over Collective Creativity.

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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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A 5-Level Collaboration Strategy Approach

BrainZooming

We’ve written about the importance of signaling collaboration strategy preferences when you and team members are working remotely. Even with video conferencing, you lose many of the verbal and physical cues available when you are sitting across a table planning who is going to do what and when on a project. Talking with someone who is struggling with identifying the best ways to signal the appropriate collaboration strategy approash, we hit on a variation on the Sergio Zyman decision level

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Fluid Intelligence – Are you getting enough sleep to innovate?

Innovation Excellence

Most Americans don’t even come close to getting enough sleep. The average in the USA is 6.8 hours, and in my anecdotal experience, many people working in high pressure, ‘innovation on demand’ jobs probably get considerably less than that. But a couple of studies suggest very strongly that sleep may be even more important for.

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2018 Trends: read, then what?

Board of Innovation

Read More. The post 2018 Trends: read, then what? appeared first on Board of Innovation.

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Scanning Tunnel: Creating one that works

Beyond the Obvious

Can a scanning tunnel change the nature of a business? For example, as I’ve mentioned a few times now, I’m not a huge fan of putting too much emphasis on ROI in the innovation process. However, there are businesses and industries where trying to downplay ROI in the ranking process would create resistance and frustration […].

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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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Let’s Go Brainzooming at the Social Media Strategies Summit

BrainZooming

Want to immerse yourself in valuable learning from practitioners doing the real work of social media and content marketing strategy ? Do you want to comfortably network with business and marketing professionals across industries in a reasonably sized setting where you don’t have to navigate through 15,000 attendees and a mile of conference rooms? Then join The Brainzooming Group crew at the Social Media Strategies Summit in San Francisco, February 6-8, 2018 !

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4 Things About Innovation And Creativity That We Can Still Learn From Albert Einstein

Innovation Excellence

When we think of Albert Einstein, we inevitably conjure up images of the icon rather than the man. We see Einstein with his wild hair and his tongue sticking out or Einstein as a playful old man, riding a bicycle. We remember his cheerful confidence and his easy comfort with his own genius. He wasn’t always.

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Everybody Should Be Pursuing A Grand Challenge — Here’s Why:

Digital Tonto

While incremental improvements can improve performance along an established trajectory, by solving a fundamental problem you can change the game entirely. Related posts: Innovation Needs To Shift. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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A “Brandless” Form of Anticipation

Daniel Burrus

If you’re a consumer who stays on top of retail trends, you’ve likely come across a line of products whose presentation might, to some, seem stark and even boring. As the name of the company suggests, the Brandless products are packaged and sold simply for what they are. Hungry for a bag of vegetable chips? Brandless offers a bag of “vegetable chips.

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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.

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Overcoming Corporate Cultural Barriers to Adopting Open Innovation

Innocentive

Open innovation is a growing phenomenon. Recent studies show that, for large European and US companies: 78 per cent report practicing open innovation; none report having abandoned the approach; and 82 per cent of practicing companies have increased their focus on open innovation. But what is stopping all companies from taking up the benefits of open innovation?

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We Need Leaders who can Change Their Minds

Innovation Excellence

Why do we find it so hard to change our minds? Why are we so critical of people who do change their minds? John Adair, the leadership expert, says that the most important (and often the most difficult) sentence for a leader to utter is, ’I admit that I was wrong.’ But on the rare.

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The Digital Bank – How to make Business Models fit for the Future

ITONICS

“Banking is necessary, banks are not”. This clear statement was made by Bill Gates as early as in 1994. What sounded provocative back then has become a reality today. Many traditional banks have reacted and are now en route to the digital world. But many (too many) are not yet heading in this direction. ITONICS advises numerous banks on how to make their business models fit for the future and not merely keep up with digitization, but even become a first mover.

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Technology, Technologists and Customers

Mike Shipulski

Henry Ford famously said if he asked people what they wanted, they would have asked for faster horses. And there’s a lot of truth to his statement. If you ask potential customers what they want next, they’ll give you an answer. And when you show them the prototype, they won’t like it. Their intentions are good and their answers are truthful, but when you give them what they ask for and put the prototype in their hands, they will experience it in a way they did not expect.

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The Big Payoff of Application Analytics

Outdated or absent analytics won’t cut it in today’s data-driven applications – not for your end users, your development team, or your business. That’s what drove the five companies in this e-book to change their approach to analytics. Download this e-book to learn about the unique problems each company faced and how they achieved huge returns beyond expectation by embedding analytics into applications.