Sat.Oct 02, 2021 - Fri.Oct 08, 2021

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Ten Tips on How to Approach a Difficult Conversation

Destination Innovation

Sometimes you have to have a difficult conversation. You may have to reprimand someone, fire someone, end a relationship or tell bad news. Most people approach these interactions with trepidation. Let’s look at a couple of bad approaches and then some tips on how to do it better. The weak approach is to keep putting off the conversation in the hope that things will change and the discussion might become unnecessary.

Tips 310
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Not All Who Wander Are Lost

Digital Tonto

I’ve had the opportunity to meet and get to know many genuine changemakers over the years. Both of my books, in their own way, explored the question of what makes these people different. How are they. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

Meeting 228
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China the story of innovation and disruption.

Paul Hobcraft

part Image credit Knowledge @ Wharton. Disruption is all around us; it never seems to go away; it simply appears in a different and often entirely new form. The result is the same; it disrupts what we know and often in how we suddenly need to set about doing it differently. Much of the innovative disruptions seem so obvious; you wonder why we were not doing these before.

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Give your team a compass, not a map

Idea to Value

I just had a great discussion with Kaiser Yang (look out for the upcoming podcast interview ), and he told me about the value of compasses for innovation teams. As a leader, sometimes you may encounter team members who look to you for the exact answers. They are effectively waiting for you to tell them exactly what they should do, and are afraid of doing things on their own without your permission.

Project 226
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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 to Create a Seamless Hybrid Work Environment - Inpixon

Business Innovation Brief Submitted Articles

What are the considerations when achieving a truly hybrid workplace versus the traditional workplace of yesterday?

How To 220
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Innovating During and Post-Crisis: How to Keep the Momentum

IdeaScale

Although the pandemic results have been catastrophic in many ways, it’s important to remember that massive periods of transformation also pave the way for innovation. Around 90% of executives say they expect the pandemic to change the way they do business for at least five years. Over three-quarters of all leaders also said the pandemic would create new growth opportunities.

How To 147

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Podcast S6E134: Victoria Prowse – The impact of childhood creativity on adult earnings

Idea to Value

In today’s episode of the Idea to Value podcast, we speak with microeconomist Dr Victoria Prowse, who is Associate Professor of Economics at Purdue University. Along with her colleague David Gill, Dr Prowse has recently released some very interesting longitudinal research (The Creativity Premium) following individuals throughout their lives, and seeing what impact a high creativity score as a child had on their adult life.

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China the story of innovation and disruption.

Paul Hobcraft

part Image credit Knowledge @ Wharton. Disruption is all around us; it never seems to go away; it simply appears in a different and often entirely new form. The result is the same; it disrupts what we know and often in how we suddenly need to set about doing it differently. Much of the innovative disruptions seem so obvious; you wonder why we were not doing these before.

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How Innovation Awards Can Fuel Business Growth

IdeaScale

Wolters Kluwe r is a global provider of information, software solutions and services for professionals: in the healthcare, tax, finance, audit, risk, compliance, and regulatory sectors. They serve customers in over 180 countries, maintain operations in over 40 countries, and employ approximately 19,200 people worldwide. The company transformed from being a specialized publisher, to a digital information company and now moving quickly towards expert (software) solutions – basically embedding the

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Use this White Space Innovation Tool to Supercharge Your Innovation Efforts

Leapfrogging

Over the last two decades, I have had the pleasure of working with some of the world’s most innovative business leaders to help develop innovative solutions and services for companies big and small. During that time, I have come across numerous methodologies for coming up with ground breaking innovations , each with their own strengths and weaknesses.

Tools 130
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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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First fossil-fuel-free steel produced in Sweden [Innovation highlight]

Idea to Value

Steel production is one of the world’s largest producers of carbon dioxide. In fact, some estimates say that it produces up to 8% of all carbon emissions. But now a Swedish company called Hybrit (Hydrogen Breakthrough Ironmaking Technology) has produced the first batch of what they say is the world’s first commercial steel created using hydrogen instead of carbon.

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Society 2045 Future of Workplaces

Tullio Siragusa

Society 2045 Future of Workplaces. This past summer, Society 2045 had a series of interviews with change makers seeking to improve the way society works. One of our guest speakers was Kimberly Wiefling, Founding Member of Silicon Valley Alliances. Society 2045 is a community of people from around the world seeking to co-discover a vision for the year 2045.

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The cost of innovation

Jeffrey Phillips

For many years, in writing this blog, and in leading innovation projects for my clients, I tried to advocate for the benefits of innovation. After all, as the saying goes, sell the sizzle, not the steak. Benefits that could be achieved from innovation seemed the right way to convince business executives and government officials that they should commit to innovation projects, and eventually to innovation capacity.

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37 Digital Tools for Running Business Experiments

Strategyzer Innovation

There are so many tools out there for running business experiments online. It can be a little bit daunting to orient yourself. So here are 9 experiments from Testing Business Ideas by David Bland and Alex Osterwalder, along with 37 digital tools to get you started.

Tools 130
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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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Echo chambers

Idea to Value

It can be comforting to know that people agree with you. And it can be especially comforting when you find people who agree with your ideas. It makes you feel safe, and this is one of the primary human motivations. However, if you surround yourself only with people who think the same way you do, you are likely to hear ideas you already agree with repeated over and over again.

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The Six Pillars of Innovation Culture

InnovationManagement

Every year, IdeaScale asks our customers what their main priorities are for the coming year, and without fail one of the top two priorities is to create a culture of innovation. Every innovation thought leader, every organizational engagement specialist, every pundit or leader in transformation says that this is the secret to avoiding disruption. The post The Six Pillars of Innovation Culture appeared first on InnovationManagement.

Culture 128
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11 Steps to an Effective Gemba Walk

Kainexus

Gemba walks are an increasingly popular management technique. By visiting the place where work is done, leaders gain valuable insight into the flow of value through the organization and often uncover opportunities for improvement and learn new ways to support employees. The approach is a collaborative one, with employees providing details about what is done and why.

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Portfolio Management – broadening the impact of Innovation

Strategos

Did you know that 84% of executives believe innovation is key to their company’s success and that 41% believe they are at risk of being disrupted, yet 78% of companies focus only on incremental innovation? We’re using innovation to serve short-term business goals at the expense of our longer-term business strategy. How can we correct this misalignment between where we’re allocating our scarce.

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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 Academic Intrapreneur Dossier

Innovation Excellence

GUEST POST from Arlen Meyers Entrepreneurial universities and medical schools, as rare as they are, require intrapreneurial faculty i.e. faculty who are trying to act like entrepreneurs in their institutions.

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How National Culture and Policy Impact Innovation Strategies

InnovationManagement

National cultures and policies influence innovation rates, approaches to innovation, and funding. Here's what innovation leaders need to know. The post How National Culture and Policy Impact Innovation Strategies appeared first on InnovationManagement.

Policies 118
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A new style of leader is emerging

IdeaSpies

innovative organisations are more likely to recognise the need to focus on encouraging creativity and positivity.

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Unlock the Unlimited: Sell Solutions Before There’s a Problem

Daniel Burrus

So long as there are products and services offered by an organization, there will be the existence of a sales force. The basic fundamentals of selling are simple: a customer expresses a desire for something and, in turn, someone sells them a product or service to address that desire. Essentially, sales are how an organization converts a “want” into a “need.

Trends 74
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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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Managing Both the Present and the Future

Innovation Excellence

GUEST POST from Janet Sernack In our last blog, we described the three characteristics that offer senior executives a “unique unfreezing opportunity” from the disruptive COVID-19 hiatus and the rate of exponential technological change.

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EVERYONE HATES TO FAIL – WHY DO YOU?

ImagineNation

If you have ever had a significant setback, made a serious mistake, or failed at completing an important task, you will have experienced some kind of deep emotional and visceral, largely unconscious, negative, reactive response to it. By becoming passively or aggressively externally defensive and blaming and punishing others for the outcome, or by withdrawing internally, and attributing self-blame and self-punishment for what may have happened.

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Is Intrapreneurship the Solution for Unhappy Employees and Behind-the-Times Businesses?

Entrepreneur - Innovation

Intrapreneurship is an old concept, but it's yet to make its way into many company cultures.

Culture 98
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Hybrid Work: Are you asking the right questions?

Econic

As organizations consider the evolution of remote work and evaluate workplace safety in light of the Covid-19 pandemic, hybrid work has become a highly debated topic. Background photo by Sigmund on Unsplash. For some, decisions center around a desire to get back to normal. For others, a cursory evaluation based on their experience leads to a quick decision to the obvious questions: Can your organization successfully work remotely long-term?

System 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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A New Age Of Innovation and Our Next Steps

Innovation Excellence

GUEST POST from Greg Satell In Mapping Innovation, I wrote that innovation is never a single event, but a process of discovery, engineering and transformation and that those three things hardly ever happen at the same time or in the … Continue reading →

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Nature of Work has Changed, Now Leaders Need to Respond

Rmukesh Gupta

I am super impressed by the ability of Seth Godin to observe what is going on below the surface around him. Earlier today, he shared another one of his brilliant insight about the nature of work and how it has changed in the recent past – from being clearly defined, measurable and manageable chunks; to ambiguous, requiring applied creativity, needs initiative on the part of the employee and being led than being managed.

Change 64
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Trends & Technologies Shaping The Future Of The Automotive Industry

ITONICS

As outlined in our Where to Play 2021+ Report and the subsequent Masterclasses on our COFIM methodology, the end-to-end innovation process requires a thorough, intentional environmental scanning process. Identifying the pertinent trends and technologies impacting your business environment translates to potential for optimizing operations, resonating more deeply with customers, and gaining strategic advantage.

Trends 69
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Want to Scale Your Business? Stop Worrying About Your Competition and Focus on These 3 Things Instead.

Entrepreneur - Innovation

Think about the three P's: positioning, pricing and people.

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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.