Sat.May 20, 2023 - Fri.May 26, 2023

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Identifying and overcoming the innovation resistance

Jeffrey Phillips

All good stories need a protagonist and an antagonist, the "good' character and the not so good character to develop tension. Eventually, in any story, the tension is resolved - the protagonist wins (in the happy ending stories) or the antagonist changes sided, or the antagonist wins (unhappy resolution). Every story with any meaning or tension has these two opposing forces.

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10+ Continuous Improvement Techniques and Methodologies | KaiNexus

Kainexus

Continuous business improvement refers to the ongoing process of identifying, analyzing, and enhancing various aspects of a company's operations and processes. This process management approach constantly seeks ways to make the organization more efficient, effective, and competitive. This article will describe many of the most popular continuous improvement techniques and methodologies.

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Understanding the Limitations of AI

Faisal Hoque

Panaceas are hard to come by. And artificial intelligence (AI) is certainly no exception.

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What is innovation in business: The Ultimate Guide to Staying Ahead of the Game

IdeaScale

Innovation is the lifeblood of business. It's what keeps companies ahead of the curve, and it's what enables them to stay competitive in a rapidly changing market. But what is innovation in business, and how can it be used to stay ahead of the game? In this ultimate guide, we'll explore the ins and outs [.

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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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How Networks Power Transformation

Innovation Excellence

GUEST POST from Greg Satell In February 2004, Viacom announced that it would spin off Blockbuster Video into its own independent company, which gave its CEO, John Antioco, the opportunity to begin addressing the disruptive threat emanating from Netflix head on.

Video 82
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Values Always Cost You Something. That’s What Makes Them Different From Platitudes.

Digital Tonto

Values are essential to how an enterprise honors its mission. They represent choices of what an organization will and will not do, what it rewards and what it punishes and how it defines success and failure. Perhaps most importantly, values will determine an enterprise’s relationships with other stakeholders, how it collaborates and what it can achieve.

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You can expect an explosion of innovation in the next 18-24 months from June 2023

Jeffrey Phillips

I am going to go out on a limb. Not a big limb, but any time you make a written prediction that people can come back and check, you put yourself at risk. My prediction has to do with innovation. Predicting innovation will seem unusual and risky for many people, because innovation seems so random and difficult to anticipate, like a lightning strike. But if you understand the conditions that make a lightning strike possible, suddenly the strikes don't seem so surprising.

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The Uplifting Wisdom of Fred Smith

CorporateIntel

I recently enjoyed the privilege of participating in a small group online discussion with Frederick W, Smith , the founder and longtime CEO of Federal Express. Imagine being at the helm of a global disruptor like FedEx for an uncanny five decades. Think someone like that might have a few things to say about the life and times of business, society, and learning?

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Fear is a Leading Indicator of Personal Growth

Innovation Excellence

GUEST POST from Mike Shipulski When was the last time you did something that scared you? And a more important follow-on question: How did you push through your fear and turn it into action? Fear is real. Our bodies make it, but it’s real.

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The Continuous Improvement Process Explained Step by Step

HYPE Innovation

Continuous improvement is a process that involves making incremental changes to systems, processes, and products to achieve better results over time. It’s a crucial aspect of business management, ensuring that organizations remain competitive, efficient, and profitable in a constantly evolving marketplace.

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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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My innovation journey (so far)

Jeffrey Phillips

I think a re-introduction is in order. I've been leading innovation work for close to 20 years, writing about it on this blog and in my book (Relentless Innovation). I've made some great friends along the way and been influenced by a range of great innovation thought leaders. Over the last year, I needed to take a step back, to focus on some other things, and to get a new perspective.

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Jira and Acclaim Products: complementary product management tools

Sopheon

Managing a product is no easy feat — it involves juggling a wide range of tasks, from planning and tracking to executing and releasing. Jira and Acclaim Products are two complementary product management tools that product managers use to help them complete these tasks.

Tools 98
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The Art of Lean Product Development: How to Innovate Faster

helloFUTURE

In the world of product development, the only constant is change. The market is always evolving, customer expectations are constantly shifting, and your competitors are always on the move.

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3 Steps for Creating and Implementing a Stakeholder Strategy

Harvard Business Review

How leaders can overcome their reluctance and embrace a practical, data-driven approach that creates value for shareholders and stakeholders alike.

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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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Changing The Default: The Secret to Innovation Success

Phil McKinney

We live in a world designed to be convenient and easy for us. This convenience has led us to rely on defaults , taking the path of least resistance and not bothering to question the answers others have chosen for us. However, is this the best approach? Adam Grant, an organizational psychologist, and professor at the Wharton School of Business, has found that our reliance on defaults can have a profound impact on our creativity.

Change 79
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A Tipping Point for Organizational Culture

Innovation Excellence

We are at a organizational cultural tipping point where it’s time to transform leadership to transform organisations, in ways that are self-aware and inspiring, meaningful and purposeful, equitable and sustainable.

Tips 78
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Understanding Lean Business Process Management Software | KaiNexus

Kainexus

Companies constantly seek ways to improve process efficiency and reduce waste in today's rapidly changing business landscape. One approach that has gained widespread popularity is Lean Business Process Management.

LEAN 74
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Creating Psychological Safety for Black Women at Your Company

Harvard Business Review

What organizations tend to get wrong — and how to get it right.

Company 136
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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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The First Mover Myth: Why Being an Improver is Actually Better

Phil McKinney

There’s a commonly held belief that being a first mover is the key to success in innovation. While it’s true that pioneering a new product or service can garner interest and excitement, statistics show it doesn’t lead to success. The alternative is to be the improver who takes the best of what early movers have already created and significantly improves upon it.

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Customers Have Bad Days Too

Innovation Excellence

GUEST POST from Shep Hyken You’ve probably experienced this. No matter how hard you try to please some customers, they aren’t happy. It’s frustrating, but at the same time, it’s reality. And speaking of reality, no matter how good you are at creating an amazing customer experience, it is the customer’s perception that counts.

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The Top Fears and Dangers of Generative AI — and What to Do About Them

Entrepreneur - Innovation

Here are a few of the biggest reasons people fear generative AI and potential solutions for each.

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How Do I Work with a Difficult Boss?

Harvard Business Review

A senior leader who is struggling with his new boss must learn how to handle the negative work dynamic.

Learning 107
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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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Empowering Human Potential: The Synergy of Generative AI and Human Ingenuity

Tullio Siragusa

Empowering Human Potential: The Synergy of Generative AI and Human Ingenuity Exciting advancements in Generative AI have opened new avenues for creativity and innovation. With the human factor at the helm, the possibilities are boundless. The Tech Leaders Unplugged podcast recently interviewed Miguel Navarro, a seasoned digital leader and patented inventor, has been at the forefront of harnessing this potential as the SVP of Business Technology at KeyBank.

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3 Innovation Types Not What You Think They Are

Innovation Excellence

But They Do Determine Your Success GUEST POST from Robyn Bolton The Official Story When discussing innovation, you must be specific so people know what you expect. This is why so many thought leaders, consultants, and practitioners preach the importance of defining different types of innovation.

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5 Steps Every Organization Can Take to Beat the Transformation Odds (Part 2) 

Planview

The big idea associated with this blog series is improving your odds of making a transformation stick. In this post, you’ll jump back into the story of a large biotech company undergoing transformation the intelligent way – by leveraging the principles of organizational change management. Put another way, it means they attended, with clear intention, to “the people side of change.

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CEOs, Step into the Front Lines or Risk Losing Touch

Harvard Business Review

Driving organizational change requires getting closer to both your employees and customers.

Change 111
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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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What effect will Quantum have on the Financial Services industry?

Wazoku

Quantum computing – once thought of as something that is purely theoretical – is quickly becoming a reality, transforming industries across the board. The Financial Services (FS) industry , underpinned by a reliance on data-driven decision making, stands to benefit greatly from this ‘quantum leap’ in technology.

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Latest Interview with the What’s Next? Podcast

Innovation Excellence

I recently had the opportunity to sit down with Shannon Phillips and Tristan Ham of the What’s Next? Podcast, about altering your mindset to become future-focused and the impact this can have on your business. We had the opportunity to discuss the links between curiosity, imagination and creativity.

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A step-by-step guide on how to adapt or implement Generative AI for your Enterprise

Acuvate

With the consistent boom in industrial growth, businesses across the globe witness the need to embrace digital transformation. The need for advanced artificial intelligence (AI) solutions such as enterprise generative AI has become increasingly evident and indispensable. Generative AI refers to a branch of AI that can create new content such as images, text, and music without the need for manual processes or human intervention.

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When Great Minds Don’t Think Alike

Harvard Business Review

Temple Grandin on how to harness different kinds of thinking for creativity, problem-solving, and innovation.

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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.