Sat.Jun 08, 2019 - Fri.Jun 14, 2019

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You need a why and a how, not a what, for innovation

Jeffrey Phillips

I'm going to start a series of blog posts about what 15 years of innovation consulting has taught me. I'm happy to say I've learned a lot about innovation in corporations, and also somewhat excited to say I'm still learning, because the pace and nature of innovation is changing so rapidly. However, there are still so many basic, fundamental things that companies either overlook or fail to realize that going back to the basics is important.

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Making Marketing Innovation a Growth Lever for Your Business

Innovation Excellence

Many businesses fail to realize that they are not in a single business, but are actually in two. First, they’re in the business of working on products and services that will help solve their clients’ problems and help them achieve their goals today. But that’s only half of the picture. They’re also in the business.

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14 LGBTQ+ Innovators, Inventors and Scientists who changed the world

Idea to Value

This month is Pride Month, during which time the LGBTQ community comes out in force to celebrate their identity. I wanted to write an article celebrating the works of the most influential gay, lesbian, transgender and bisexual innovators, inventors and scientists throughout history. However, there was a problem. There are just not many lists of famous homosexuals in these fields.

Change 248
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The Innovation Manager's Summer Reading List 2019

HYPE Innovation

Is it just me, or does this also happen to you? Summer after summer it's the same. Usually, at the beginning of the season, I start to think, "okay, which book should I take on vacation?" (fully aware that, in the end, I'll return home having not opened it once). Why? Probably because I tend to grab a book that's been collecting dust on my shelf -- usually a promo/giveaway about something I don't really care about or a birthday gift that missed the mark ( sorry, Grandma, I don't want to read tha

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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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3 questions to help you decide if you should invest in an innovation management software

Exago

If you are involved in managing innovation for your organisation and you have been set with the task to make this decision, the first question you should ask yourself is: “Do we really need an innovation management software?”. These three questions, related to 3 key dimensions of any innovation management programme, should help. The post 3 questions to help you decide if you should invest in an innovation management software appeared first on Exago.

Software 203
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Every idea needs a sponsor

Jeffrey Phillips

As I noted yesterday, I'm writing a series of posts about what I've learned over the last 15 years of corporate innovation work. Yesterday I wrote about needing a "why and a how" rather than a "what" for innovation. Today, I'd like to write about sponsorship, and why it is critical to have engaged sponsors for ideas and for innovation. This idea is important enough that I took the extra 30 seconds and looked up the definition of sponsor.

Resources 175

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Why Most Corporate Innovation Programs Fail (And How To Make Them Succeed)

Digital Tonto

The real potential of innovation programs is that they provide a space to explore areas that don’t fit with the current business, but may play an important role in its future. Related. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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Productivity Leads to Happiness

Tullio Siragusa

Productivity Leads to Happiness. hap·pi·ness /?hap?n?s/ n oun ?—?the state of being happy. Synonyms: contentment, pleasure, contentedness, satisfaction, cheerfulness, cheeriness, merriment, merriness, gaiety, joy, joyfulness, joyousness, joviality, jollity, jolliness, glee, blitheness, carefreeness gladness, delight, good spirits, high spirits, light heartedness, good cheer, well-being, enjoyment, felicity.

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An Innovative Complaint – United Breaks Guitars

Destination Innovation

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Propel Your Innovation Strategy into Overdrive with Big Data

IdeaScale

Big data has been a foundation of innovation ever since the first suggestion box was put out. Since then, the data set has only kept growing, until now you can filter thousands or even millions of data points. How do you effectively use big data to drive innovation? Collect Only Relevant Data. Data is often described with water metaphors: as a flood, an ocean, a rushing river, or a surging waterfall.

Big Data 157
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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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We Need To Build An Innovation Economy For The 21st Century

Digital Tonto

There are worrying signs that we are not building capacity the way we should. We need to right the ship before it’s too late. Related posts: We Need To Rethink Innovation For The 21st Century. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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How Culture Change Works: 3 Lessons

BrainZooming

Brainzooming participated in a new business presentation with a group of other companies. We were proposing a change initiative for a multi-agency department within a city government. As our in-person presentation drew to a close, the review team asked about each of our experiences with comparable culture changes. My answer, rather than detailing the specifics of a particular initiative, focused on important lessons I learned during a significant change in organizational culture.

Culture 89
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She Was Told 'No' 100 Times. Now This 31-Year-Old Female Founder Runs a $1 Billion Business.

Entrepreneur - Innovation

Melanie Perkins, the co-founder and CEO of popular design platform Canva, and her team are constantly chasing big goals.

Design 108
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New Podcast Series to Highlight Real-Life Innovation Stories

IdeaScale

Podcasts themselves are examples of innovation, bringing together compressed audio, RSS feeds, and mobile listening devices into a medium that was born on the internet. So it’s no surprise that IdeaScale has tapped into this innovative medium for its new podcast series IdeaScale Nation , which you can find on Apple Podcasts and other podcast apps. The series features guest speakers who are leading innovation programs, inventing new technologies, tracking trends, and more.

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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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Becoming Real Innovators

Innovation Excellence

“They are ill discoverers that think there is no land when they can see nothing but sea.” ? Francis Bacon Companies today are eagerly seeking the answer to one essential question. How do we innovate? It’s been observed that 75% of companies say they’re committed to innovation as one of their top priorities [1]. But most.

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Tiered Daily Huddles at Cleveland Clinic

Kainexus

I'm eagerly awaiting the start of a presentation by Cinnamon Dixon , the Director of Continuous Improvement at Cleveland Clinic , about their visual management process. I was talking with a Catalysis consultant this morning at breakfast who was telling me about the tiered huddle system at Cleveland Clinic, so I'm super excited to learn more about it.

Report 81
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Want to Improve Employee Productivity? Rethink Your Company Culture

InnovationManagement

The workplace isn't just about work. Sure, reaching productivity quotas or snagging reputable clients matter, but so does the way your business operates. The post Want to Improve Employee Productivity? Rethink Your Company Culture appeared first on Innovation Management.

Culture 75
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Innovation Project Scorecard: Evidence Trumps Opinion

Strategyzer Innovation

The focus should not just be on products and services when running experiments to test new business ideas. Our focus should be on assessing if we are making progress from our initial idea to a profitable business. Teams need to show hard evidence that a market exists and customers are interested (i.e. desirability), that the required infrastructure can be built and managed (i.e. feasibility), and evidence that the projected revenues and profits are not a fantasy (i.e. viability).

Project 72
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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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Questions or Full Stops

Carla Johnson - Innovation

June 13, 2019 There’s an ever-widening gap between what’s natural to us as children and what’s taught into us through the educational system and corporate culture. American author, educator, media theorist and cultural critic, Neil Postman says “children enter school as question marks and leave as full stops.” The same thing happens to employees as they enter the work world.

Culture 71
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Want to Better Connect With Your Customers? Consider Blockchain.

Entrepreneur - Innovation

Major players are investing in blockchain technology to provide more incentive for users.

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Innovation's Changing Mindset: Where Are You?

Bill Fischer

Don’t be too dazzled by devices, the real changes taking place in innovation are in mindsets rather than hardware. How well prepared are you and your organization?

Change 73
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The Moonshot to Create the Next Google

Innovation Excellence

Nothing is older than the argument that large companies can’t capitalize on their innovations. Will this be the company that disproves that? Moonshots are always one part flight-of-fancy, one part brilliance, and 98 parts risk. “Eventually you’ll fail to fail.” – X Captain of Moonshots, Astro Teller I grew up in an era of moonshots.

Company 69
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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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Innovation Starts With HR

helloFUTURE

Are You Hiring For Innovation? Do you know which role in your organization is ultimately responsible for innovation? Some people might guess the CTO or the CEO. If you have a dedicated innovation group, then it might be the Chief Innovation Officer (CINO), or the VP or Innovation, or some other senior leader with innovation… The post Innovation Starts With HR appeared first on hellofuture.

CTO 68
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10 Reasons to Invest in Your Employees (and How It Can Pay Off)

CMOE

Running a business requires making many different kinds of investments. A company invests its money and resources into advertising, research and development, social media, partnerships, technology, security, and much more. In turn, employees invest their time, energy, talents, and the very best of themselves into the success and vision of your company.

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Actor-Oriented Organizing for the Digital Age

IdeaSpies

Digital technologies are transforming the global economy. In his pioneering book Being Digital (1995), technology futurist Nicholas Negroponte described how the old industrial economy would be eaten away by a new digital economy. Moreover, digital technologies make it possible for members of an organization to self-organize and thereby avoid the delays, distortions, and other damaging effects of hierarchically organized systems.

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Bill Gates Wants You To See The World This Way

Innovation Excellence

(Warning: Once You Do You Can’t Un-See It) Every so often an image flashes across our collective social consciousness that forever changes how we see the world and ourselves. This is one of them. Every so often something comes along that dramatically alters our perception of the world. These are social memes that are utterly.

Change 69
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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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May the 4th Industrial Revolution be with You – Part 2: You can Check Out Any Time You like but You can Never Leave

InnovationManagement

This is the second in a series of articles that explore the impact of the 4th Industrial Revolution on how we are living our lives today and how we should go about earning a living in the years to come. The post May the 4th Industrial Revolution be with You – Part 2: You can Check Out Any Time You like but You can Never Leave appeared first on Innovation Management.

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Problem Solving at Cleveland Clinic

Kainexus

I'm well into day two of the Lean Healthcare Transformation Summit in Washington D.C., and while there are 8 breakout sessions to choose from right now, I came back to the coldest room in the hotel for more Cleveland Clinic. You can check out what I learned about their tiered huddles in yesterday's session here. (Side note: Why are conference meeting rooms so cold?

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Actor-Oriented Organizing for the Digital Age

IdeaSpies

Digital technologies are transforming the global economy. In his pioneering book Being Digital (1995), technology futurist Nicholas Negroponte described how the old industrial economy would be eaten away by a new digital economy. Moreover, digital technologies make it possible for members of an organization to self-organize and thereby avoid the delays, distortions, and other damaging effects of hierarchically organized systems.

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China and Trump Plan to Kill Innovation from Outer Space

Innovation Excellence

First, let me say that this is not a political article, but instead an article about a potential innovation crisis looming just over the horizon thanks to brinkmanship between China and the United States. Second, let me say this article is not about killer satellites being launched into orbit by the Trump administration or the.

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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.