Sat.Feb 11, 2017 - Fri.Feb 17, 2017

Trending Sources

How Corporates can use the Lean Startup and Business Model Canvas

Hype

The Lean Startup is a hot topic for organizations right now, so we asked a practitioner - Justin Souter, of Souter Consulting - to help readers get a handle on the elements of the Lean Startup framework, and provide some lessons from the field. The post is in four sections: 1. Where to begin with Startups and Corporate innovators. How to make effective decisions while 'in flight'. Frameworks

LEAN 100

Ten Top Tips for Success with Open Innovation

Destination Innovation

Traditionally businesses developed all their new products in-house using ideas that came from their Marketing or R&D departments (or sometimes the MD’s pet projects). Increasingly this internal focus is being replaced by a more powerful and effective approach – open innovation (OI). Here are ten top tips to help you grasp the benefits of OI for your company: 1. Set Goals. Think win/win.

Tips 68

The Innovative Mentor

IdeaScale

Mentors see themselves as people developers. They take a long-term view of their staff and see innovation projects as an opportunity to stretch their employees’ capabilities and to help them achieve their aspirations. Depending on the scope of their ideas, innovators’ careers can be significantly shaped by this journey. The M entor Role in I nnovation . Gaining customer insights. Drill for oil?

You Are What You Pay Attention To

Game-Changer

Illustration by Christian Laborin. Fake news is killing people’s minds! This is what Tim Cook, CEO of Apple, said and he wants to do something about. Unless you’ve been living under a rock, you know that fake news isn’t new. Facebook, whether they like it or not, is one culprit in helping spread fake news and other nonsense. Attention is currency. What it means for innovation.

Three Keys to Accelerating Innovation through Connecting and Collaborating Outside your Organization

Speaker: Gordon Vala-Webb, Author, Speaker and Consultant, Building Smarter Organizations

From his upcoming book, Building Smarter Organizations, Gordon will do a deep dive into connecting and collaborating with those outside your organization to accelerate innovation. Gordon will provide practical strategies to connecting and working with the "nearside" of suppliers, partners and alumni in order to accelerate innovation.

More Trending

The New Game Or Is It? Asset Orchestration

Paul Hobcraft

In a recent post over on a dedicated website for discussing ecosystems and platforms, I was discussing the differences between Amazon and Alibaba. I quote “I’d say Amazon are “ asset heavy ” whereas Alibaba remains “asset light”. Let me repeat these as they are increasingly important in the world of platforms and ecosystems. Again I think Alibaba is doing a really good job of that.

How to Make Your Design Thinking Program Turn Into Something Real

InnovationManagement

Why do a large part of the design thinking projects in the corporate world never pass through the prototype phase? In recent years I’ve been involved with many design thinking initiatives. Many of them related to the development of new products inside large companies in industries such as finance, health, education and consumer goods.

4 Surprising Ways that Corporate Innovators Can Outsmart and Outrun Failure

Rocketspace

“In the new world, it is not the big fish which eats the small fish, it's the fast fish which eats the slow fish," says Klaus Schwab , founder and executive chair of the World Economic Forum. In other words, corporations aren't competing with each other—they're competing against fast-moving startups that threaten their existence. Despite limited resources, startups are unbundling billion- and trillion-dollar industries like consumer packaged goods, healthcare, automotive, and real estate, just to name a few. Meanwhile, the average life of an S&P 500 company is rapidly declining.

Career Strategy: Dear Job, I Can’t Quit You

BrainZooming

Are you in a job that looks, from the outside, as if it is perfectly stable, engaging, good paying, and the kind of position that people in your profession would die to get? Yet you, as the person in the job, feel trapped, under siege, and desperate to do almost anything else, but you can’t leave. What’s up with that? Possibly you want to launch your own gig, but it’s not the right time.

Building A Collaborative Innovation Playbook

Speaker: Greg Satell, Innovation Advisor, Speaker and Author

For his upcoming book, Greg Satell has researched how people and organizations successfully innovate. We are excited to have Greg join us for a session that will draw upon these insights and provide a playbook for how to define the right innovation strategies for your organization to overcome the specific challenges that your organization faces and dramatically improve your innovation effectiveness.

Effective Co-Creation - A Guide to Open Innovation Programs

Hype

Open Innovation is a challenging task for any company. Yet it yields great opportunities, and in this new world of digital transformation and rapid change in traditional markets, it's an approach CINOs have to consider. But how do you get started, and what do you have to consider to make it a sustainable part of your transformation strategy? Innovation Programs

Using Design Thinking to make your employees ready for the Internet-of-Things

InnovationManagement

Recent advances in technology put Internet-of-things (IoT)-innovation on top of the management agenda across industries. It is predicted to increase economic value by $11.1 trillion in 2025 (McKinsey 2015). The Service Science Factory and Noventum collaborated on this article to present a state-of-the art view on the Internet of Things and how to implement this vision within organizations.

Amazon’s Alexa Growth Engine

Daniel Burrus

In past articles, I have written about how Amazon is a great example of a large Anticipatory Organization. Rather than focusing on agility—reacting faster than competitors—these companies have learned to identify the Hard Trends that will happen and use them, as well as other Anticipatory Skills, to drive exponential innovations at a reduced risk. A recent example is Amazon’s Echo, the first product that put its intelligent digital assistant Alexa similar to Apple’s Siri, Google Now and Microsoft Cortana in a stand-alone device instead of a smartphone or tablet. That’s not just cool. SHARE.

5 Strategic Thinking Questions to Start Reimagining the Organization 

BrainZooming

Suppose your organization is not going in the right direction. You and others on your senior management team are beginning to see that strategic reality. Still, you avoid the difficult conversation where you have to start reimagining the organization as something dramatically different. 5 Strategic Thinking Questions to Start Reimagining the Organization. Mike Brown. Stimulate fresh thinking.

A Strategic Approach to Open Innovation

Speaker: Jeffrey Phillips, Senior Consultant, OVO Innovation

This action-packed session will examine the critical questions you should ask as you establish an open innovation framework: which technologies or ideas? Which partners and how many? Which methods? By taking a strategic approach to open innovation, you’ll find the right ideas or partners more effectively, and you’ll accelerate new products to market more quickly.

3 Ways to Systematically Come Up with Breakthrough Ideas

Rmukesh Gupta

Every organisation and every leader that you talk to today, wants to build a culture of innovation and a breakthrough product as soon as possible. However, if we look closely, there are three ways to come up with an idea that has the potential to become a breakthrough innovation: Imagination. Insights. Challenging current assumptions. Lets talk about all the three in a bit more detail. Insights: .

How Startups Slay Giants

Game-Changer

Illustration credit Christian Laborin. Slaying giants is fun, almost every new disruptive company slays a giant or two. Last week I had a chat with a team based in Puebla Mexico working on a cool augmented reality application for museums. They asked for my thoughts on their app and business model, I happily answered their questions. Play the game you know you can win. Play a different one.

Why People Quit

Michael Roberto

Why do people quit their jobs? Fast Company reported this week on a new analysis conducted by Glassdoor. The firm studied approximately 5,000 workers who switched jobs over the past decade. They found that three most important reasons for quitting are: Company culture Employee salary Getting stuck in the same job for long periods of time The firm discovered that, "On average, we find that a 10% higher base pay is associated with a 1.5% higher chance that a worker will stay at the company for their next role." What didn't matter as much with regard to quitting?

10 Skills You Need to Nurture in Your Innovation Group

InnovationManagement

Organizational innovation requires discipline. And like any other discipline, it requires monitoring and training to make sure that you’re on the cutting edge of your capabilities. But what skills should you focus on building and how can you track your progress? Strategies accountability collaboration employee engagement goals implementation innovation culture innovation fitness leadership open innovation reporting skills management trend

6 Keys to Making Collaborative Innovation Successful

Speaker: Soren Kaplan, Founder of InnovationPoint

We are excited to launch the Collaborative Innovation Webinar Series with Dr. Soren Kaplan. His just released book, "The Invisible Advantage," provides actionable insights into how any organization can create a culture of innovation, an environment that promotes freethinking, an entrepreneurial spirit, and sustainable value creation at all levels and across all functions. By registering for the webinar, you will get a free excerpt from his book.

If You Want to Be Innovative, Innovate

Tim Kastelle

Too many people want to make their organisations more innovative without going through the pain of actually changing anything. This does not work. In an interview on Tim Ferriss’ podcast , Jocko Willink says: If you want to tougher mentally, it is simple: be tougher. Don’t meditate on it. It’s the same with innovation. If you want to be innovative, it is simple: innovate.

The Most Critical Horizon to the Success of Corporate Innovation Initiatives

Corporate Innovation

With existing business models in many different industries reaching maturity and providing little or no growth, and startups disrupting them with their new solutions, corporations find themselves more than ever in need for creating new businesses. But few corporations are able to consistently create from scratch new, big businesses that use innovative technologies and employ novel business models.

Why IBM Bets On Patents

Digital Tonto

Freedom of action has a lot to do with it. Related posts: How IBM Innovates. There Is No One True Path To Innovation. The Open Economy. Great Companies Don’t Adapt, They Prepare. Apple Is Not. [[ This is a content summary only. Visit my website for full links, other content, and more! ]]. All Posts Management Technology Innovation

5 Ideas for Turning a Vision Statement into Strategy

BrainZooming

Your organization has a vision statement. Congratulations! Is your organization’s vision sitting around and not helping run the business? If that’s the case, your task is to start turning the vision statement into strategy to drive and align activities consistent with it. 5 Ideas for Turning a Vision Statement into Strategy. Decompose the vision into strategic dimensions. Market areas served.

The Leadership of Open Innovation

Speaker: Paul Sloane, Director, Destination Innovation

Paul Sloane is a well-known author and speaker on open innovation. In this session, Paul takes us through examples of successful open innovation programs to explore the breadth of what open innovation can be for organizations and the value it can bring. This was a great session you don’t want to miss.

Financial Institutions Eager to Buy, Invest in Fintech Startups

Rocketspace

The global bank Banco Bilbao Vizcaya Argentaria (BBVA) recent purchased Mexican online payments startup Openpay as part of what it calls a strategy "to accelerate transformation by growing its portfolio of digital businesses." Earlier in 2016, the Spain-based institution acquired the Finnish online business banking service Holvi. It had already purchased three other digital firms and took a nearly 30 percent stake in a fourth in the two previous years. Working With Startups Corporate-Startup Partnerships Partnerships FinTech

IBM Has Created A Revolutionary New Model For Computing – The Human Brain

Innovation Excellence

Technology isn’t what it used to be. 40 years ago, computers were strange machines locked away in the bowels of large organizations, tended to by an exclusive priesthood who could speak their strange languages. They were mostly used for mundane work, like scientific computation and back office functions in major corporations. Yet by the 1980’s, technology. Technology Cognitive Computing computing IBM national laboratories neuromorphic chips

The Most Critical Horizon to the Success of Corporate Innovation Initiatives

Corporate Innovation

With existing business models in many different industries reaching maturity and providing little or no growth, and startups disrupting them with their new solutions, corporations find themselves more than ever in need for creating new businesses. But few corporations are able to consistently create from scratch new, big businesses that use innovative technologies and employ novel business models.

Leadership Lessons from The Recent Political Crisis in Tamil Nadu

Rmukesh Gupta

Leadership Lessons from Recent Political Crisis in Tamil Nadu by Mukesh Gupta. Looks like the final curtain on the political crisis in Tamil Nadu finally came down, with Palanisamy being sworn-in as the chief minister. There are two leadership lessons that we can all learn from the way this entire episode unfolded. Importance of Succession Planning: This entire incidence only goes to show that there was no clear succession plan in place, if something were to happen to the erstwhile chief minister Jayalalitha. This is one of the most common mistakes that leaders commit. These scars heal slow.

Models, Strategies and Tactics for Accelerating Innovation through Collaboration Outside the Organization

Speaker: Paul Campbell, VP of Innovation, Schneider Electric

We are excited to have Paul Campbell, an expert in corporate entrepreneurship, covering some of the strategies and tactics he has repeatedly used to transform corporate innovation programs. In this session, Paul shares his experience innovating in new and adjacent markets through a deft deployment of open innovation, business accelerators, venturing, M&A, R&D, business development and strategy team leadership.

Democracy in Action – Crowdsourcing at the RSA

Wazoku

“Fundamentally, economics is not about finding a right set of answers or mastering concepts that only econimists can understand. Economics is about human relationships, value and judgements – which can and should involve everyone.” Reema Patel, the RSA. The first in their series of three public Challenges has launched today, with a focus on how the economy can work for everyone. Author.

Do University Incubators Harm Innovation?

Innovation Excellence

A recent study from Baylor University suggests that university incubators often do more harm than good, and actually reduce the quality of innovations emerging from our universities. Innovation Intellectual Property Research incubators startups unicorns

Study 31

The Catalyst Network: Expanding the Reach and Impact of your Innovation Team

InnovationManagement

To amplify your company's presence and scale your influence, innovation teams need to harness informal networks and not simply rely on formal structures to create a thriving innovation eco-system. Enter Innovation Catalysts: natural champions who are believers, idea generators, problem solvers, mentors and sponsors in your organization.

Lessons from My Attempt to Re-Claim My Weekends

Rmukesh Gupta

Lessons from My Attempts to Reclaim my weekends by Mukesh Gupta. Situation. One of the constant complains that my family has with me is that I am obsessive about my gadgets. Even when I am on a holiday or during the weekend, I obsessively go for the gadgets and if it is not checking my emails, it is to check my twitter feed or my Facebook feed or my LinkedIn or my blog stats or my podcast stats or WhatsApp groups or something else. But they complain that I keep reaching for my phone or my iPad for something or the other. I am sure this is a common phenomenon in most of our lives. Conclusion: .

Proven Strategy: How to Harness the Voice of the Customer to Solve Business Challenges

How do you leverage insights gained from customers, contact centers, and other customer support functions to solve your top business challenges? Gareth, VP of Product Management at Spigit, shares a proven strategy that will help you do just that.