Sat.Oct 09, 2021 - Fri.Oct 15, 2021

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Why corporate innovation is harder than a startup

Jeffrey Phillips

Since innovation is a difficult and often misunderstood word, or perhaps just because it is used to mean different things in different contexts, it can be difficult to understand why innovation at an entrepreneurial company or a startup is different from innovation in a corporation. I think the matter is obvious, but I wanted to explore the challenges and issues of innovating as an entrepreneur and contrast them with the challenges and opportunities of innovating in a larger corporation.

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Leadership Development Through Mentoring

CMOE

Part of becoming a great leader is being influential in the organization and creating an environment where others can maximize their efforts and reach their goals. Therefore, one powerful way to develop your leadership skills is to mentor team members and others. Mentoring provides individuals the opportunity to discover hidden talents, expand on current abilities, and identify knowledge and skill gaps they can work on to achieve their full potential.

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Overton Window: How extreme ideas become mainstream

Idea to Value

Sometimes, new ideas may come across as scary and radical. Especially when compared to what has come before, or what is considered “normal” or standard in an industry. While it is common for innovations to take time to diffuse through the different customer groups , it can sometimes be hard for ideas to be accepted when there are extreme views on opposite ends of the spectrum of issues.

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To Achieve Real Change, First Anticipate And Overcome Resistance

Digital Tonto

Any change, if it is important and potentially impactful, is going to encounter fierce resistance. As Saul Alinsky noted, every revolution inspires its own counter-revolution. That’s why nearly. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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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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How to Solicit Employee Ideas Using the IdeaScale Platform

IdeaScale

Overview: IdeaScale’s platform serves as the foundation for employee engagement around innovation, allowing you to build on it in any way that works best for you. Actively soliciting ideas, surfacing new ones, discussing the process, making it easy to find ideas, and offering ways to organize ideas in the front and back end will all help bring more creativity to the fore.

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Society 2045 Vision of the Garden World

Tullio Siragusa

Society 2045 Vision of the Garden World. Can you imagine a future with more collaboration and less chaos? Is it possible? This past summer, Society 2045 had a series of interviews with change makers seeking to improve the way society works. Society 2045 is a community of people from around the world seeking to co-discover a vision for the year 2045.

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Bringing social impact into circular economy

Board of Innovation

There's another side to the circular economy coin: the people. So how do we address the negative social impact of the circular economy? The post Bringing social impact into circular economy appeared first on Board of Innovation.

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Creating an Innovative Culture in a Remote-First Organization

IdeaScale

Overview: While the fundamentals of creating an innovative culture at a company remain the same when remote, such as encouraging ideas and using small teams to build up, the remote workplace offers new challenges for innovators. Look for ways to turn challenges into advantages with virtual whiteboarding, more accessible brainstorming, and shared touchpoints.

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A Day in the Life of a Senior Customer Care Manager

Planview

Everyone knows that when you sell a product, it must be high quality and there should be need for it in the marketplace. Once this has been established, companies have to make sure the product has excellent customer service and support. No one understands this more than Yessica Archilla, a Senior Customer Care Manager at Planview. Yessica, who many would describe as passionate, driven, and direct, yet approachable, manages several customer support product teams at Planview. .

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The 4C model of Creativity

Idea to Value

Is it possible to be creative, even if you are not a genius changing the world? Yes, of course. But how do you compare the creativity of a child, to someone who is a professional? This is where the 4C model of creativity comes in. The 4C model of Creativity. Up until recently, there was a view that there were only two general levels of creativity which people could achieve: Everyday Creativity (little-c) : small creative acts which bring value to you and those in close proximity, do not impact t

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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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Drive Quality Improvement with Standard Work Software

Kainexus

In today’s hyper-competitive and rapidly changing environment, organizations must find innovative ways to improve quality, reduce waste, and get products to market quickly and efficiently. To do so, many organizations of all types are turning to the tools and techniques that manufacturing companies have used for decades to achieve operational excellence.

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What is intrapreneurship and how can it support corporate innovation?

Viima

Many companies acknowledge the benefits of encouraging employee initiatives, yet successful intrapreneurship is still the exception rather than the rule. In fact, 70% to 90% of intrapreneurial initiatives in large organizations fail. Why is that the case, what’s the role of intrapreneurship in large organizations and how can you make it work? In this article we’re addressing the role of intrapreneurship in driving innovation.

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A Vertical Computer Monitor Just Might Help You See the Big Picture

Entrepreneur - Innovation

If you're reading on your computer or programming all day, a vertical monitor might actually make more sense for your workflow.

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Podcast S6E135: Genein Letford – Intercultural Creativity

Idea to Value

In today’s episode of the Idea to Value podcast, we speak with Genein Letford, award-winning speaker, best-selling author and corporate trainer on creative thinking and Intercultural Creativity. We speak about what it takes for different viewpoints and cultures to work together in a team and organisation, in order to get the most creativity out of your people as possible.

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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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Free Human-Centered Innovation Tools

Innovation Excellence

Innovation is all about change, and change only succeeds when people are put at the center. Therefore, people are also the heart of innovation.

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Digital Customer Service: ChatBots are to Quantity what Humans are to Quality

Daniel Burrus

In a way, customer service and the principles behind it are timeless. A business builds a product or offers a service, consumers have questions, complaints, or creative suggestions for how said product can be improved upon, and the business receives those responses. The way a customer has the ability to reach out to a business is a Soft Trend – open to influence by exponential digital technology; but the existence of the customer response is a Hard Trend – a future certainty that will always hap

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Brunner Promotes Eight Employees for Client-Focused Excellence and Results-Oriented Mindsets

Brunner

At Brunner, our heart is in delivering excellence and results for our clients. That passion for progress is part of our core values – heart, attitude, and collaboration, and recently eight Brunner employees across our Account Management and Channel Marketing teams have been recognized for their commitment to just that. Of the Account Management team, Jake Bendel, Candace Keudel-Schaffer, Erich Meier, and Ashley Miller have all made strong strategic contributions connected to our continued growth

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Exploitation pays your salary while exploration pays your pension

Idea to Value

A few months ago, I had the privilege of sitting down with Steve Blank, widely credited as the founder of the Lean Startup movement, for a fascinating podcast interview. The quote above comes from a foreword he wrote for Lead and Disrupt , which is all about Ambidextrous Organisations. A company needs to be able to exploit its current core business to make a profit.

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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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The Ultimate Innovation Glossary: 50+ Definitions

ITONICS

Understanding innovation terminology means more than just a command of technical buzzwords. It is foundational in making sense of innovation methodology and core concepts. The ITONICS Innovation Glossary defines some of the key terms you will most likely encounter as you embark on your innovation journey.

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How to Go From Nail It to Scale It

Innovation Excellence

GUEST POST from Arlen Meyers The startup journey is about going from fail it to nail to scale it to sale it.

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How do we know when to quit?

Rmukesh Gupta

A young student recently asked me the following question: How do I know it is time to quit something and when to persist with it? Here is how I answered the question: There is no one answer that fits everyone. There are many ways to figure this out. For me, the best way is to go back to the reason why I started something. If the reason I started something is still relevant and important, I know that I would like to continue to engage on this topic.

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If you want to think out of the box, make a new box

Articles from GroundControl

By now, we all understand that explore and exploit are entirely different things, and any organization is aware of the need for innovation. When you test and try something new, you are in explore, and when you optimize and grow a business model, you are in exploit. The common practice seems to be to throw everything that appears new in one […].

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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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Why Idea Management Isn't Actually About the Ideas

Viima

Given that we're in the business of idea management software , people are often surprised to hear us say that ideas themselves aren't really worth that much. Sure, every improvement and innovation always starts from an idea, but there are always countless people that have had the same idea, in many cases years or even decades earlier. It's actually the execution that makes the difference.

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Re-Skilling and Upskilling People & Teams

Innovation Excellence

The pandemic has increased the pace of change in a digitally accelerated world, and at the same time, it is forcing organizations, leaders, and teams to become more purposeful, human, and customer-centric.

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Reading or Watching with your own Filter on

Rmukesh Gupta

I read this interesting post by Robert Twigger in which he talks about how he is trying to watch the NEWS with his own filter – a filter for creativity. He also shares a bit about the results. You can read his post here. This is interesting in many different ways. What he has done is make that which is hidden, obvious. Each one of us looks at the information that comes to us with a filter on.

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Accelerate Innovation? Change Your Velocity

eZassi

When velocity is constant – acceleration equals zero. Acceleration is one of those terms that is often taken for granted in today’s business environment. As a gentle reminder, the definition of acceleration is a change in velocity over time. A major disconnect in corporate external innovation groups (that is, groups responsible for identifying innovations to solve their unmet needs that lie outside their corporate walls) is that they typically – and mistakenly – expect to accel

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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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5 Tips for Transitioning to Remote Teams

CMOE

As a result of the COVID-19 pandemic, a lot of workplaces are looking at moving to a fully remote structure to increase productivity and promote a better work-life balance for their employees. Working remotely can be easier said than done, however; you need to ensure that you’re preparing your team to help them stay productive even when they’re away from the office.

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Podcast E34: From Boxes to Lines

Stephen Shapiro

This podcast celebrates 20 years since the launch of my first book, 24/7 Innovation. It also marked the time when I left Accenture and started my own innovation business. In honor of this special period in my life, I read the Prologue to that book and share some thoughts on where we have come in the last two decades. In this episode, we explore: how innovation and management theory have followed the times of the day (from Taylor to today). why past innovation strategies have focused on “bo

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How Change Is Changing and What to Do About It

Rmukesh Gupta

I read this interesting blog post about the changing nature of change, specially in the organisational context, in which the authors (Paul Kurchina, Glen Gonzalez & Stephanie Overby) share their perspectives and distinguish between the “C” change and the “c” change. I would highly encourage you to read it here. Here my take on this topic: Organisations (business or otherwise) will need to learn how to manage change well.

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Project Management Communication Plan

Planview

A robust and realistic project management communication plan is essential for project success. This informative and easy-to-read article looks at basic concepts of a project management communication plan, and provides examples, strategies and best practices. There are several paths to project glory. However, one characteristic that all successful projects have in common is effective and efficient communications.

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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.