How to Establish Innovation Metrics
InnovationManagement
JULY 18, 2019
IdeaScale
JULY 17, 2019
Critical thinking involves going beyond cursory reasoning as sufficient proof that something is as it seems. It is one of the most important skills anyone can have, whatever their profession and whatever their position in the corporate hierarchy. A Deloitte study of Technology, Media, and Telecom (TMT) companies found that the number one skill high innovators say they’re working on is critical thinking skills – and these are companies that work on the leading edges of technology.
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Exago
JULY 17, 2019
According to CEOs, innovation culture is the pillar of business innovation, but it isn't always an easy feat. We share the 10 (+1) ingredients to build a collaborative innovation culture in your organisation. The post The 10 (+1) ingredients for building a collaborative innovation culture appeared first on Exago.
Destination Innovation
JULY 14, 2019
I recently ran a workshop for a group of CEOs of small companies from different sectors and industries. We ran the following exercise. Each person started with a blank sheet of paper on which they answered the following questions about their organization. What are your main products or services? List three or four. What are your main markets? These can be industry sectors, types of customer or geographical markets.
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.
Jeffrey Phillips
JULY 15, 2019
Lately, many commentators are given to sweeping claims about seismic change. We are either in the 3rd or the 4th industrial revolution, depending on the commentator. It can be hard to keep up. However, where there is smoke there is often fire. These commentators are correct in the sense that we are entering a time where the Internet of Things (IoT) and the data generated by billions of IoT devices will create radically new opportunities for innovation.
IdeaScale
JULY 16, 2019
Your company is a team. All the different departments are working for one goal: to sell and develop your product. But how is this possible if your team isn’t on the same page? Social collaboration tools can help you meet this goal. Whether in the office or on the go, your employees can share information, project updates, documents, and empower a unified workplace.
Business Innovation Brief brings together the best content for business innovation and strategy professionals from the widest variety of industry thought leaders.
Board of Innovation
JULY 18, 2019
How users outsmart Amazon, Spotify, Uber, and Facebook’s algorithms to increase profits and boost exposure. That’s right! The machines aren’t winning yet. The post 12 ways people trick algorithms for personal? gain appeared first on Board of Innovation.
Jeffrey Phillips
JULY 18, 2019
In my last post I wrote about a big transition in innovation that will occur in the near future - when the tipping point is reached and most innovation is focused on smart, connected devices as opposed to dumb products. Currently, most of the innovation that is created is focused on new software applications or on new physical products, but with little integration between them.
IdeaScale
JULY 18, 2019
Making the best use of digital technology supports innovation tremendously. We use digital technology every day to manage aspects of our lives that aren’t digital, such as ordering prescription refills, booking a ride, or even ordering fast food so it will be ready when we arrive. Likewise, companies that innovate more and innovate better embrace technology.
Digital Tonto
JULY 17, 2019
The future will be driven by humans collaborating with other humans to design work for machines that creates value for other humans. Related posts: 4 Things Every Leader Should Know About Applying. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].
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.
Tullio Siragusa
JULY 15, 2019
The Business Model of the Future Is People-to-People. Before the development of the marketing concept as a management philosophy in the 1950s, marketing was defined essentially as selling. The traditional view of marketing up to that time was that marketing was responsible for creating demand for what farms, factories, forests, fishing, and mines could produce.
Innovation Excellence
JULY 16, 2019
Estimates that attempt to quantify failure rates for innovative products and services typically sit in a range somewhere between 70-95%. As an innovator, I find this an uncomfortably large number, especially given how much time and money we invest in innovation processes, consumer research and market modeling. But as disappointing as these numbers are, the reality.
Bill Fischer
JULY 14, 2019
What an amazing few weeks this has been for teams, both dysfunctional and exceptionally successful, yet what are the lessons regarding team performance? Here are a few conclusions to ponder when considering what makes for a high-performing team.
Strategyzer Innovation
JULY 15, 2019
This month marks the 50th Anniversary of the Apollo 11 moon landing. In the spirit of such a momentous event we thought we’d take a look at space, not as the final frontier, but as a business model arena. Space has become a rapidly expanding, accessible economy - so if you wanted to be an astro-preneur, what components of the arena would you need to consider before launching your space business?
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.
Cascade Strategy
JULY 17, 2019
Just about every organization in the world recognizes the benefits of high employee engagement. It's the secret-sauce that can help drive improvements to almost every aspect of your operation. But despite the vast rewards on the table for investing in employee engagement - so few organizations actually get it right.
Innovation Excellence
JULY 14, 2019
We love to complicate leadership in countless books, articles, and insights, but there is no formula. However, there is this gem that guides all great leaders. I’ve got a leadership challenge for you. You can do better. Read on. If the rift in popular sentiment around political leadership tells us anything, it’s that we still.
CMOE
JULY 18, 2019
“Soft skills” is a term that might not inspire much confidence. Perhaps the term itself needs a rebrand. However, what we know for sure is that soft-skills development can help you become a more-effective manager and enhance the performance of your direct reports. What are soft skills? They include a variety of people-oriented abilities. They are habits, actions, and attitudes that good managers must use if they hope to work well with others.
Daniel Burrus
JULY 17, 2019
Every successful company and organization inevitably must confront a powerful question: Is what got us to where we are helping us move forward or holding us back? Your company or organization may be thriving, but is this record of success sustainable and can you keep going? Maybe you’re noticing kinks in your armor or a drop-off in your sales. You’re thinking and acting as usual, but something is misfiring.
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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
Board of Innovation
JULY 18, 2019
How users outsmart Amazon, Spotify, Uber, and Facebook’s algorithms to increase profits and boost exposure. That’s right! The machines aren’t winning yet. The post 12 ways people trick algorithms for personal? gain appeared first on Board of Innovation.
Innovation Excellence
JULY 15, 2019
For decades when business people and aspiring entrepreneurs came up with an idea and became serious about commercializing it, they would, by default, create a business plan. Anyone who has ever created a business plan knows they are a LOT of work. And as any innovator knows, most ideas turn out to be garbage. As.
helloFUTURE
JULY 14, 2019
Stop Trying to Excel! If you watch anime or read manga, you’ll come across pretty common phrase – when a character is about to complete a task or do something that they might find challenging, their friends or family who are encouraging them to say “ganbatte ne,” which loosely translates to “do your best.” Its… The post Don’t Do Your Best!
100%Open
JULY 16, 2019
For innovation to flourish, enable a creative culture throughout your organization. In today’s hyper-competitive landscape, innovation is essential for an organization to thrive. We live in a fast-paced world, where even the biggest companies can be disrupted, rest in peace… Blockbuster and Kodak. Making a company innovative from the roots up is no easy task.
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.
Cris Beswick
JULY 17, 2019
Organisations the world over continue to profess high levels of innovation capability, embedded innovation cultures and needle-shifting outcomes. But, hugely credible global surveys continue to highlight that on the whole, the real state of innovation maturity for many organisations may just be a somewhat inconvenient truth. No organisation can plot a course to a desired … Continued.
Innovation Excellence
JULY 18, 2019
The term “gig economy” is positioned by its many advocates and detractors as part of the new economy, a byproduct of globalization and the Internet. It’s true that the gig economy has been further enabled by digital platforms which make it easier to collaborate on a virtual basis; and by globalization which makes it easier.
Wellspring
JULY 15, 2019
University technology transfer has been around for decades and is a mature function in most institutions. In contrast, corporate relations – defined as those offices that manage all company engagement and not only fundraising – is a relatively new field. In the vast majority of cases, these two offices are missing significant opportunities to perform better together.
helloFUTURE
JULY 19, 2019
Libra Rocks the Financial World. If you’ve been under a rock, you might not be aware that Facebook, with several other partners (who include among them, Uber, Lyft, PayPal, Visa, but no banks interestingly enough) have recently announced their own cryptocurrency, Libra. It’s not Bitcoin, its something completely different, in my opinion, the first real… The post Libra : Facebook Finally Innovates appeared first on hellofuture.
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
Beyond the Obvious
JULY 19, 2019
Making Your Pitch Keep the pitch simple, and build it around the Guy Kawasaki Rule of 10/20/30: 10 slides, 20 minutes, nothing smaller than 30-point font. Remember that you are telling a story; you want a spokesperson who can bring the idea to life and get people excited. Practice pitching the idea before you take […].
Innovation Excellence
JULY 13, 2019
For being members of a discipline that prides itself on discovering the unknown, innovation practitioners have a secret lust of commonplace predictability and yearn for security as much as any human being. Seeing how they too often become the mistaken and hapless scapegoats for lack of core business growth, it is easy to empathize with.
Kainexus
JULY 17, 2019
When we sit down with a prospective client, we find it is very important to understand the challenges the organization is facing and their long-term goals before we start talking about our solution. One of the themes that come up, again and again, is employee engagement , or lack thereof. What we often find is that leaders and managers implement all sorts of employee engagement activities, but they rarely have a well-crafted, cohesive plan for maximizing the human potential of their workforce.
Acuvate
JULY 15, 2019
Over a decade, tectonic changes in the technology ecosystem have transformed the way enterprises work. With the advancement in technologies, the need to embrace digital transformation is no longer optional. How crucial is digital transformation to the modern business? A global study from IDT found that 80% of businesses view digital transformation as a priority.
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