Sat.Jul 15, 2017 - Fri.Jul 21, 2017

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15 most important Innovation Theories your company should be using

Idea to Value

Every company says that innovation is important, and that they value the ideas of their people. In fact, creativity is becoming a core skill which companies know they need in the future. Yet the problem lies in the fact that so few established companies actually know how to go about getting value out of their innovation ambitions, let alone turning it into profit.

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The Four Main Types of Collaboration

HYPE Innovation

“In the same way you can never go backward to a slower computer, you can never go backward to a lessened state of connectedness” Douglas Coupland - Canadian novelist and artist, author of “Generation X”. Healthcare, education, entertainment, spending habits, thinking patterns … The Information Age has revolutionized all of the them. Fortunately, the process of partnering for innovation has not remained immune to technological progress either.

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The Pressures Placed on the Innovator

Paul Hobcraft

nd There are multiple “stretching and straining points” that make the life of the innovator increasingly uncomfortable. These build into increasing frictions where the eventual performance of innovation seemingly disappoints the leadership of organizations. So why is that? It is only when we can truly understand the constraints innovation works under, can we provide more robust solutions to reduced all these frictions and pain points that innovators are under.

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How to Foster Innovation in a Risk-Averse Environment

IdeaScale

Risk aversion can make innovation difficult. How do you get around your company’s aversion to risk? There’s only a limited appetite for risk in any company, of course, but where some will enthusiastically embrace it, others hate risk so much even the whiff of it drives them away. So, how do you drive innovation in a risk-averse environment?

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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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Why Asian People Are Uncreative? Why Jewish People Are Creative?

Idea to Value

Please note, this is a contributor article by Dr KH Kim and discusses her research, and should not be construed as a generalisation of any group of people. Creativity is the process of making something unique and useful, and the successful outcome of this process is an innovation. My research coalesced around the three steps of the CATs framework for innovation: Cultivate the C limates (step 1), nurture the A ttitudes (step 2), and apply T hinking s kills (step 3).

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Open Innovation: Tackling Mood, Conflict and Knowledge Boundaries

HYPE Innovation

While artists – bloggers included – do not typically disclose where they get their inspiration from, I will share this one secret with you: I am a huge fan of Freakonomics Radio. Some of my older posts on grit , foresight , and gamification all draw on something heard on the show. So I highly recommend it. After meeting Stephen Dubner , one of Freaknomics’ founders, in New York City at the taping of Tell Me Something I Don’t Know , I was once again inspired.

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What Does an Innovator Look Like?

IdeaScale

We’ve dedicated lots of time to thinking about innovators. What their skill sets are, what traits they possess , and what the profile of innovators is globally. But we recently took a look at our own data and developed two profiles of our own: The profile for the crowd innovation administrator: Most of IdeaScale’s administrators were in their mid-thirties and at the managerial level.

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When to apply Lean Startup and/or Design Thinking

Board of Innovation

Design Thinking and Lean Startup have become a part of any innovation enthusiast’s jargon. These relatively new methodologies are being used by corporates as well as startups to structure and de-risk their innovation activities. Inspired by success stories such as Uber, Airbnb, Facebook, Google, companies are increasingly looking to Design Thinking and Lean Startup for answers.

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Monitoring User Experience Through Product Usage Metrics

Boxes and Arrows

Introduction. User experience (UX) teams have many types of data at their disposal to ascertain the quality of a digital product’s user experience. Traditionally, these sources have focused on direct customer feedback through methods such as interviews and usability studies, as well as surveys [1] and in-product feedback mechanisms. Beyond survey methodologies, however, it can be time-consuming to create a recurring channel of in-depth UX insights through these traditional UX research meth

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Why You Need To Understand Noah Effects And Joseph Effects

Digital Tonto

It pays to build the ark before the storm Related posts: The Mathematics of “Anything Can Happen” Remembering Benoit Mandelbrot. How Numbers Lie. Simplicity Is Not So Simple. 3 Crucial. [[ 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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An Innovation Management Solution that Meets Your FedRAMP Requirements

IdeaScale

On my first day at IdeaScale, I had not been at my desk for more than five minutes before the CEO made his way over to me and said, “Your first job at IdeaScale is to get us FedRAMP authorized.” . Without a pause, I answered, “Yes, right away,” and with my boss standing over my shoulder, I opened my to-do list and typed “G-E-T-_-F-E-D-R-A-M-P-E-D.” Once he made his way back to his desk, I googled “W-H-A-T_I-S_F-E-D-R-A-M-P-?

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6 Reasons Some People Are Uncomfortable with Innovation

InnovationManagement

When we talk about innovation, we sometimes forget that not everyone is on board with the new and revolutionary. Some people would rather stick to their same schedule and do the same thing, day after day: a predictable and comforting routine. For champions of innovation, this mindset is difficult to understand. However, you’re likely to meet many people over the course of your career who are simply uncomfortable with innovation, and you will have to learn to work with them.

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A Bad Spin on Customer Experience Strategy – Bait and Avoid

BrainZooming

Cyndi and I went out for dinner last night. We were originally heading to a favorite restaurant that has been doing heavy discounting lately. They sent us each a 20% off coupon during the day, grabbing our top-of-mind attention as the best choice. Right before we left, we suddenly changed plans. Cyndi wanted to go somewhere she could eat a salad, so we chose a locally-based chain pizza restaurant instead.

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Creative vs. Strategic Thinking: What’s The Difference?

Idea Drop

For most businesses, every day is an exercise in problem-solving. From managing your team, to running your office, to actually doing the work that’s paying your bills, even the most repetitive role is likely to involve some degree of decision making. After all – it’s what gets most of us out of bed. That’s because humans are natural innovators.

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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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Is Innovation Unreasonable?

Innovation Excellence

Just yesterday while perusing the Twitter stream I saw a quote attributed to Jonathan Ive that made me want to sit up and scream. The quote was relatively straightforward and seems innocuous on its face.

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Protected: How to make money with my App? (and other business model ideas)

Board of Innovation

There is no excerpt because this is a protected post. The post Protected: How to make money with my App? (and other business model ideas) appeared first on Board of Innovation.

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5 Strategic Thinking Questions to Answer Before Making a Decision

BrainZooming

From experience, the worst time to decide on how to decide things is when you are ready to decide things. When you are ready to a make decision, an entirely new set of issues emerges. People have already developed their vested interests in certain outcomes. They are either overly or underly-inclined to point out data gaps to try to push the group to choose a certain outcome.

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Bridging the Gap between Large Innovation Centers and Small Design Teams

Qmarkets

Innovation centers have captured significant attention in recent years for their role as formalized institutions for driving innovation within large businesses. Digital design teams are their natural counterpart, driving innovation on a more personal level. They are almost a perfect match, but there are some large differences between the two. How can you bridge the gap, using them both in unison?

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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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Be Anticipatory and Go in the Opposite Direction!

Daniel Burrus

Everyone knows what a battery does. Just plug it in and it provides the power to make something go. Lately, some people have been taking batteries in an entirely fresh direction—one that expands our understanding of what batteries can do when they’re used in ways that go beyond conventional boundaries and applications. From an anticipatory point of view, the strategy is to go in the opposite direction if you want to see new, innovative applications and solutions.

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Idea Hunt Receives a Boost from Our newest Developer

Svava

Idea Hunt Developers Get a Boost From our newest summer addition Idea Hunt is growing and now able to offer more updates and more new functionality than ever, due to some brand new developers joining our team this year. This summer, we are thrilled to have the help of a talented young developer, Sebastian Callh. […].

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23 Content Marketing Strategy Benefits for an Emerging Brand

BrainZooming

“Do you see any returns from all the blogging and social media stuff you do ?”. People routinely ask some variation on that question about our social-first content marketing strategy. I understand why they ask. If they follow the Brainzooming blog or our presences on Twitter and Facebook (where we are most active – so go follow us there, please!

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Analysis Of The Next-Generation Mobility Value Chain

Corporate Innovation

In the previous post I described a new value chain that will connect companies providing on-demand mobility and three emerging models for the realization of this value chain. This value chain is the result of the consumer shift from a car ownership-centric transportation model to a hybrid model that blends car ownership with mobility services, and the stated intent by the providers of certain of these services to adopt of Autonomous Connected Electrified (ACE) vehicles.

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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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Business Model Canvas and Customer Discovery templates in Microsoft Visio

Innovation Architecture

In my work with clients I have found value in having the Business Model Canvas and the Customer Discovery Flow available in Microsoft Visio as a template. Alex Osterwalder developed the Business Model Canvas in his book, Business Model Generation. Steve Blank developed the Customer Discovery Flow in his book The Four Steps to the Epiphany. Together with Eric Ries' book, The Lean Startup , the three serve as the capstone for people who want to think through how best to pursue entrepreneurship.

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As Robots Take Over We Will Need More Innovators

Innovation Excellence

The Hadrian X robot is made by Fastbrick Robotics from Australia. It can lay 1000 house bricks in an hour (video below). The average bricklayer lays around 500 bricks a day. We will soon see robots doing much of the standard work in building assembly with a small number of skilled craftsmen supervising them, applying finishing touches or.

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Crowdsourcing solutions for social change

hackerearth

Independent top advisors call for increased EU investment in research and innovation for the sake of Europe's future … Read more. The report calls for citizen involvement, especially for social good. One of the top 11 recommendations is to mobilize and involve citizens — allow citizens access to data and participate in decision making. As an innovation technique, crowdsourcing or soliciting ideas from people to work collaboratively or individually toward a common goal has been around for a whi

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2 days of innovation at Unbound Festival

Idea Drop

We met many interesting people, many inspiring startups and influential industry thought leaders. We were overwhelmed by a number of people coming to our stand and giving us feedback, asking questions and injecting an enormous amount of confidence into our blood. Having so many smart people under one roof we thought to ourselves, what could be a better opportunity than this to launch an open challenge and collect some bright ideas on how to solve it.

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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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Idea Spotlight – new features!

Wazoku

Wazoku is proud to announce the launch of quite a few new Idea Spotlight features! Here’s a quick summary of what’s new and improved: Enhanced Interface. The enhanced interface offers an easier way to view content across Challenges, Ideas and Idea Spaces. Now, all content is categorised into corresponding tabs, including tabs for overviews, ideas, evaluations, tasks, outcomes and analytics.

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Getting Clear on Your Strategy

Innovation Excellence

“If I had the key members of your executive suite all in the same room, would they all be able to articulate the essence of your business strategy clearly and consistently?” I asked the executive vice president of strategy. “Probably not,” she replied. “But I do know we need a new one, because the current.

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Comment on So Many Websites Gone in the Past Decade by Stephen Shapiro

Stephen Shapiro

Thanks for your comment. Although it’s been a pain, it’s been fascinating to see which websites are gone. Some really shocked me! I do use WordPress. Do you mind sharing the plugin you use? Thanks!

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To improve innovation, use fewer words.

Mike Shipulski

Everyone knows innovation is difficult, but there’s no best way to make it easier. And everyone knows there’s plenty of opportunities to make innovation more effective, but, again, there’s no best way. Clearly, there are ways to improve the process, and new tools can help, but the right process improvements depend on the existing process and the specific project.

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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.