Sat.Nov 04, 2017 - Fri.Nov 10, 2017

article thumbnail

Diminishing law of innovation returns and the problem with “better”

Idea to Value

Every company thinks that they can innovate by making their product better. But eventually, this concept of “better” begins to become irrelevant. If an entire industry is trying to innovate in the same way, eventually progress will become almost impossible to notice from a customer’s perspective and innovation will plateau. This is not to say that there is no more technological progress being made, but rather that each incremental improvement ( better ) becomes less noticeable

article thumbnail

Think: the Second Step in Innovation

IdeaScale

Think first, then act. In the first step of innovation, we discussed observation, and how Galileo conceived of the pendulum clock years before it would ultimately be invented. But, of course, Galileo wasn’t the first to look at a swinging chandelier. What made the difference was his approach to what he saw, his method of thought. Centuries later, another brilliant innovator, IBM’s Thomas Watson, became famously obsessed with thought.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

When all roads lead to the Web Summit

Exago

As world-class speakers, innovative Fortune 500 companies and ground-breaking startups descended on Lisbon this week for the Web Summit 2017, we at Exago couldn’t miss the event Forbes called “the best technology conference on the planet”. The post When all roads lead to the Web Summit appeared first on Exago.

article thumbnail

A Guidance on Keeping Your Innovation Processes in Check

HYPE Innovation

As an innovation manager/leader you likely deal with processes (and process improvements) every day. You know, prioritizing and tweaking those actions your firm engages in to accomplish a pre-established business purpose or objective (Michel Porter is a great reference on this topic – he introduced the process view of organizations ). From creating the physical space for innovation and adjusting your incentive scheme, to more abstract goals like becoming a learning organization or being customer

article thumbnail

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.

article thumbnail

36 Cognitive Biases that Inhibit Innovation | Collective Campus

Collective Campus

In this post I’ve unpacked 36 cognitive biases that can stifle your innovation efforts, how they might apply to the field and a proposed solution or mitigant for each. If you’ve got some alternative mitigants to address these biases, I’d love to hear from you in the comments.

article thumbnail

Don’t Be Fooled By These 3 Overhyped Trends

Digital Tonto

Our love of patterns is so great, in fact, that once we notice one we are often unable to disregard it Related posts: 5 Trends That Will Drive The Future of Technology. 5 Smart Technology Trends For. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

Trends 86

More Trending

article thumbnail

The Living Labs Driving Open Innovation in the Public Sector

Innocentive

Open innovation is becoming well established as an important business model. But can it be used in public services, creating opportunities for citizens to participate in generating solutions for their communities? We think it has a lot of promise – and we’re not alone. Communities around the world are gathering together to solve a wide range of challenges – health, transport, access to technology, energy, food, and more.

article thumbnail

Why Agile Learners are Ideal for Innovation

Innovation Excellence

Agility holds a special interest for me. I named my consulting business Agility Innovation Specialists and constantly am looking to emphasize that agility is really important to managing innovation. Today, I share an article by the Korn Ferry Institute and my top line thoughts as important for advocacy of innovation.

Agile 68
article thumbnail

Can creativity and innovation be managed?

hackerearth

Peter Drucker once said, “Above all, innovation is work rather than genius. It requires knowledge. It often requires ingenuity. And it requires focus.”. Can innovation be managed like a business process? Does “managing” innovation limit creativity, thus stifling innovative ideas? Samuel Palmisano, the former CEO of IBM, said, “We treat innovation as if it were magical, not subject to guidance or nurturing much less planning.

article thumbnail

Participate in Public Open Innovation Challenges

IdeaConnection

A fantastic way for organizations to give their innovation endeavours a rocket-sized boost and for innovators to get their teeth stuck into fascinating challenges is with IdeaConnection’s public challenges platform. Through this, our problem solvers and crowdsourced participants work to develop world-beating solutions. One of our current public open innovation challenges is being hosted on behalf of the University of Iowa and it’s asking solvers to develop an analytical model that wi

article thumbnail

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.

article thumbnail

Innovation Insights with Mike Polson from Ashurst

Idea Drop

In this video interview, Mike Polson highlights the importance of how any change in a law firm should be driven by what their clients want and not just because ‘innovation’ is a buzzword in the legal sector at the moment. However, the biggest challenge is how law firms actually make that change happen. Law firms are risk-averse and quite traditional in how they operate.

Video 56
article thumbnail

Numbers Are Telling Your Innovation Stories: Are You Listening?

Innovation Excellence

In today’s market, companies that do not innovate do not thrive. Innovation has become a crucial component of a successful strategic plan. Therefore, I packed my bags and headed to the Back End of Innovation (BEI) conference, ready to hone my innovation skills.

article thumbnail

Carie Davis Joins Startup Atlanta Board

Your Ideas are Terrible

Carie Davis, Partner at Your Ideas Are Terrible, has joined the esteemed Startup Atlanta Board of Directors. Startup Atlanta introduces, connects, supports and expands the entrepreneurial ecosystem within the greater Atlanta region to bolster the creation of jobs, companies and wealth. “We’re excited to welcome Carie to our Board of Directors. Her unique experiences in both corporate and startup environments will help continue our goals to promote corporate involvement with the local ecosystem.”

article thumbnail

To Be Creative, Keep Feeding Your Mind

Idea Sandbox

To be and stay creative, keep feeding your mind new ideas and information. Try new things. Visit new places; different parts of the world. Take a different route home from work. Learn a new language. Read Wikipedia entries about topics you know nothing about. Meet and talk to people with different interests and backgrounds. When you add new knowledge and ideas to your brain you create new neural.

article thumbnail

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.

article thumbnail

8 Spinoffs Of NASA Innovations Impacting Your Everyday Life

Phil McKinney

Back in March, I covered some of my favorite spinoff NASA innovations in this post. There, you will read about Ventricular Assistance Devices, highway grooving, memory foam, and water purification. It turns out that a number of readers of this blog are fans of NASA innovations and the impact they have had on our daily lives. […].

article thumbnail

The Art of Strategic Observation

Innovation Excellence

I am nothing if not a consumerist. Meaning, I am constantly impressing upon companies I work with to make sure they have a deep and empathic understanding of their customers…past, present, and future, especially if they are contemplating a strategic shift that entails repositioning or refocusing their efforts to target new and different segments.

Company 59
article thumbnail

To Solve Complex Problems, You Need A Networked Solution

Digital Tonto

If it’s simple enough for us to fully grasp, it’s probably too slow and rigid to be effective. Related posts: 5 Marketing Problems We Need To Solve Now. 5 Problems Digital Media Needs to Solve. 4. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

article thumbnail

4 Industries Poised to Benefit from AI

Daniel Burrus

For many of us, our experience with artificial intelligence (AI) may be, for lack of a better way to put it, “helpfully cool.” That can mean asking Amazon’s Alexa to play a particular song or querying Google’s Home to see if butter is a suitable replacement for vegetable shortening. But the potential for AI goes far beyond cool. Its application in businesses and industries of all sorts will exponentially revolutionize how we both think and work.

article thumbnail

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

article thumbnail

The Power of Surprise

Mike Shipulski

There’s disagreement on what is creative, innovative and disruptive. And there is no set of hard criteria to sort concepts into the three categories. Stepping back a bit, a lesser but still important sorting is an in-or-out categorization. Though not as good as discerning among the three, it is useful to decide if a new concept is in (one of the three) or out (not).

article thumbnail

Why Context Matters in Successful Innovation

Innovation Excellence

In order to accelerate the pace of innovation and increase the amount of innovation that's done, we need to simplify it, or at least remove some of the uncertainty.

article thumbnail

What does it mean to cultivate a Fail Fast Organizational Culture?

ImagineNation

I recently met with a client, who was seeking our ideas, information and input towards what might be involved in cultivating a “fail fast” organizational culture. It was an interesting discovery conversation, causing me to explore what needs to be in place to create permission, vulnerability, safety, courage and trust for the deep learning’s that […].

Culture 45
article thumbnail

Why, Robot? The social, moral & cultural implications of AI

Wazoku

Google’s recent Pixel 2 event may have been focused primarily on new product, on smartphones and laptops, but the real story was the blanket pervasiveness of Artificial Intelligence and Machine Learning. Artificial Intelligence is iterating at a rapid pace. As corporates and governments rush to implement, to automate tasks at speed and link technical actions to sensory experience, there is both risk and opportunity that the social, cultural and political implications of AI will be neglected.

article thumbnail

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

article thumbnail

Fifteen of the Top Innovation and R&D Labs in Los Angeles

Innovation Leader

Los Angeles is one of the most active cities in North America for innovation in big companies. We created a map to display 15 of the top innovation and R&D labs in the area.

article thumbnail

6 Fatal and Yet Totally Avoidable Entrepreneurial Mistakes

Innovation Excellence

One of the most gratifying aspects of having achieved even a little success is that people will listen to you. Unfortunately, what people most want to hear about is how you’ve succeeded rather than how you nearly blew it. And so we build story lines around all of the great decisions we made that led.

article thumbnail

Future Squared Episode #183: Cy Wakeman on Silencing Your Ego and Why Employee Accountability Should Come Before Engagement | Collective Campus

Collective Campus

Cy Wakeman is a dynamic international keynote speaker, business consultant, New York Times bestselling author, and global thought leader with over 25 years experience cultivating a revolutionary new approach to leadership.

article thumbnail

Part 1: Strive for more than just "teamwork"

Values Centered Innovation

Part 1 of 2: Attuning for extraordinary teamwork. There was an extraordinary team expedition-competition called the Eco-Challenge , sponsored by the Discovery Channel on TV. One year it was held in British Columbia (BC), Canada. Seventy teams of 5 people engaged in an “expedition race” over an 8-to-9-day period. The challenge was to hike over glaciers, mountain climb (rappel, etc.), raft, mountain bike, kayak, and swim.

article thumbnail

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.

article thumbnail

Ali Kamyab

Innovation 360

Founder of Swedish Professional Development Institute (Swedish PDI), and Intellectus PM Consultants (IPMC) Based in Stockholm, Sweden. Background. With a background in consultancy in oil and gas industry, Ali has changed his carrier path to industrial management for a couple of years. His intense interest in technology change, change management, ideation and innovation, and entrepreneurship and startups has given him a fresh outlook on life.

article thumbnail

Five Innovation Lessons from 3M

Innovation Excellence

3M is an iconic innovative company. Although mostly known for “sticky and scratchy things” (post-its and sandpaper), 3M have over 55,000 products, releasing 25 new products per week and had over 3700 global patents granted in 2016. Over 90,000 employees, 200 manufacturing plants and 86 labs are all focused on progressing 3M’s innovation agenda, but.

article thumbnail

Future Squared Episode #184: My best friend in childhood that I lost to the lure of cool | Collective Campus

Collective Campus

In this episode of Fast Fix Friday I share a personal story about a childhood friend of mine and why teaching entrepreneurship to kids is about a lot more than teaching them how to solve problems or make money.

article thumbnail

How Ideas Flow Through an Innovation Software Platform

eZassi

We’ve written about the innovation software process before, but understanding how ideas flow through innovation software is very important from a couple of perspectives, depending on which style of innovation you move forward with; internal or external. Ideas Flow Through Innovation Software. Innovation – The Unstructured Idea Capture Format. The first style of an innovation process we should talk about is the unstructured style.

article thumbnail

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.