Sat.May 09, 2015 - Fri.May 15, 2015

article thumbnail

Where to focus your innovation effort

Jeffrey Phillips

OVO has done a fair amount of innovation work in the banking and financial sector. As such I would not call us "experts" in the banking or financial services space, but we've spent time there and we are always interested in new ideas that are percolating in the industry. It was with great interest that I read a synopsis of a presentation given at Forum 2015, by the wonderfully named Jeffry Pilcher, who is the CEO/President and Founder of The Financial Brand.

article thumbnail

Zappos Just Pulled Off the Boldest Change Management Move Ever

Tim Kastelle

Why aren’t we mad at the bad managers? Have you heard that 210 people left Zappos at the end of April because they apparently don’t like the new flat management system called Holacracy® that the firm is moving to? I’ll bet you have. In the 12 days since that happened, have you heard that : US Steel announced more layoffs, bringing them to 9000 people cut for the year.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Your Chance to Help Change Change

Braden Kelley

My first book Stoking Your Innovation Bonfire was designed to help organizations identify and remove barriers to innovation, but readers also found it to be a great primer on how to take a structured, sustainable approach to innovation, and as … Continue reading →

Change 128
article thumbnail

Innovations in Measuring and Managing Drug Addiction Treatment

IdeaScale

The National Institute on Drug Addiction has issued an exciting new challenge that breaks the boundaries between research specialties to improve the quality of drug addiction treatment. The Challenge, including the official rules and submission criteria, can be seen here: [link]. Group and individual submitters are competing for part of a $100,000 prize pool.

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

The problem with corporate innovation

Jeffrey Phillips

If that sounds like a pretentious title, you are probably right, but it's time to start talking about the fact that so many companies simply cannot innovate effectively. Many long standing corporations in the US are simply withering on the vine, unable to respond to changing market conditions, new competitors or changing consumer demands. Past success does not guarantee future success, and by the time many of these firms recognize the need to innovate the opportunity has past them by.

article thumbnail

Culture, Process, and Tools

KindlingApp

It’s easy to sit on a barstool where all three legs are the same length, and difficult to maintain balance if they are not. Similarly, when launching a corporate innovation program, you should look to balance these three fundamental components—culture, process, and tools. If any are deficient relative to the others, it will be much harder to achieve your desired outcomes for the program.

Tools 48

More Trending

article thumbnail

Tavis and Maya

CorporateIntel

Every year the Los Angeles Times Festival of Books continues to cement itself in my psyche as a major go-to event. Now the largest book fair in the United States, its bustling aisles fill the USC campus for two days with eager authors and insatiable readers. Each year I joyously look forward to attending, not just for the schedule of talks I plan to experience, but for the inevitable surprises I discover.

Roadmap 40
article thumbnail

What Innovation shares with Humor

Jeffrey Phillips

I had the opportunity to listen to NPR a lot over the weekend. I was driving my daughter to and from her college as the semester has just ended. That meant a lot of time on the road, listening to music, books on CDs and the radio. I've found that NPR is a good source for a lot of my innovative posts, and this weekend was no exception. Matt Diffee, a cartoonist for the New Yorker magazine, was interviewed in a news segment.

article thumbnail

5 steps to building a crowd-powered business

100%Open

It’s never been easier to access the best ideas, the best people or the best technologies anywhere in the world. There is literally infinite potential in the crowd of people both inside and outside of your organisation. Yet participating with ‘the crowd’ can be completely overwhelming so most people and most organisations tend to just tend to ignore it or don’t know where to start.

Meeting 40
article thumbnail

Staples Exec on Building up the Retailers’ Digital Muscles

Innovation Leader

Since he joined Staples, Faisal Masud has embarked on a campaign to build up the company’s digital muscles.

40
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

Why Is Structure Important in Innovation?

KindlingApp

Why is an innovation program better for idea management than a suggestion box or an Excel spreadsheet? The answer can be summed up in one word: structure. Structuring innovation means building the foundation for idea submission. Around which topics will people innovate? What are the rules or constraints governing idea submission? Which people or teams will be involved in the process?

article thumbnail

Your Guide to Online Research and Testing Tools

Boxes and Arrows

The success of every business depends on how the business will meet their customers’ needs. To do that, it is important to optimize your offer, the website, and your selling methods so your customer is satisfied. The fields of online marketing, conversion rate optimization, and user experience design have a wide range of online tools that can guide you through this process smoothly.

Tools 111
article thumbnail

Driving Innovation through Employee Engagement - Shift your Focus

Imaginatik

Working with a wide variety of innovation teams, companies, and innovators we hear: We want to “ democratize” innovation. We want to engage employees in innovation. We want everyone to have a say. While these are nice sentiments, something seems to be getting lost along the way to building a true innovation competence. Because people readily understand suggestions, incremental ideas and crowdsourcing, this tends to be the main focus when starting up innovation.

article thumbnail

What Happened to ‘Team Tomorrow’ at WD-40

Innovation Leader

Graham Milner of WD-40 talks about how the publicly-traded San Diego company with the iconic blue-and-yellow cans has grown beyond a single product.

Company 40
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