Sat.Jul 16, 2016 - Fri.Jul 22, 2016

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5 Ways to Fail at Innovation

Imaginatik

Most innovators are optimists. There’s no such thing as a bad idea – only an unfinished one. Every setback is an opportunity in disguise. Even failure itself has become a virtue. Yet, within corporations, innovation programs are fragile things. Large portions of the organization view the innovation team as a foreign entity. Innovation programs thrive on processes and metrics that don’t mesh easily with the core.

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Take a look…at the new look

Exago

Idea Market 3.5 release comes with a fresh face, new dashboard layout look and extended capabilities. It’s easier to catch up with platform activity and check details on display. Building on clients’ suggestion, we’ve created a more pleasant and intuitive. Read More. The post Take a look…at the new look appeared first on www.exago.com.

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Ideas to Impact: New Online Innovation Short Course

Tim Kastelle

We just released a short course that I made for students at The University of Queensland. It’s called Ideas to Impact – and you can check it out here. The goal is to encourage students to think more entrepreneurially. As part of it, I got to interview a lot of my favourite people at UQ, and for me, their stories are the highlights of the course.

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Who is your Corporate Innovation Role Model?

Destination Innovation

Organic foods at the Hospital. Can you innovate and improve business performance by copying another company from an entirely different industry? This is what the Henry Ford West Bloomfield Hospital in Michigan did when it wanted to transform its customer service and operational efficiency. The hospital borrowed some of the practices of a five star hotel and even hired a new CEO who had previously worked for Ritz Carlton.

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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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All Ideas Are Equal… huh?

Imaginatik

It doesn't matter how many ideas you have: all ideas have the same likely value. Sounds counter-intuitive… but take a look at the above graph. Rob Spencer, the data scientist at Imaginatik, distilled the chart above from a specific innovation challenge that he was helping a Fortune 50 client with. The data is drawn from a large dataset, with the most prolific author contributing 360 ideas.

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FedEx Not Keeping Pace

Braden Kelley

FedEx took the shipping world by storm about forty years ago, growing to become the defacto shipping leader, unseating UPS and DHL. But, then after thirty years of strong growth they began to lose their mojo.

More Trending

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When no one wants to innovate

Jeffrey Phillips

Over the last few weeks we've taken calls from several potential clients, all of whom seem to have an unusual problem. An executive or even the CEO has asked their teams for innovative new ideas and solutions, offered support and promised rewards, but after several weeks of communicating this new approach, no new ideas are forthcoming. After puzzling over the issue for a week or two, we get a call.

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A New Breed Of Innovation

Digital Tonto

If we are to solve our biggest and toughest problems, we need to learn how to implement a new level of collaboration across our entire society. Related posts: How Innovation Really Happens. An. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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Charting Change – Kindle Price Reduction

Braden Kelley

I’m super excited how well my new book Charting Change is doing on various Amazon sites around the world (USA, UK, CA, AU, DE, FR, JP)!

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Will an intelligent computer ever be able to create art?

Idea to Value

We are already seeing how Artificial Intelligence can begin to make creative projects, acting as a form of artificial creativity. But will it ever be able to truly create a piece of art? In the interesting video above, host Mike Rugnetta from the PBS Idea Channe l discusses his interpretation of whether a computer is able to create something which we would agree is art.

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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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10 Innovation Barriers Lurking in Your Organization

BrainZooming

Is your organization struggling to deliver on the innovation expectations you have for it? From our experience at The Brainzooming Group and ongoing research, there are ten common innovation barriers blocking new idea and implementation across organizations. Only a couple of these barriers existing in a culture can block even modest expectations for implementing new ideas.

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A Look Inside Four Decades Of Breakthroughs At IBM Research

Digital Tonto

While Bell Labs and Xerox PARC have become legendary, IBM Research is no less consequential. What's more, it's still going. Related posts: How IBM Innovates. How Smart Businesses Are Turning. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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Why I left a Big Four to work for a small team of innovators

Board of Innovation

After 2 and a half years at a Big Four consultancy (digital, strategy and customer) I decided to make the jump to a small, young consultancy – Board of Innovation. It was a tough call and that’s why I wanted to share a few of the aspects that made me jump. Hint: it’s not the ping pong table. Why I. Read More. The post Why I left a Big Four to work for a small team of innovators appeared first on Board of Innovation.

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How tennis balls are made

Idea to Value

Small, green, fuzzy and a favorite of pets everywhere, tennis balls are one of the most popular pieces of sports equipment in the world. But how are they made? Vimeo user Benedict Redgrove uploaded a video he made documenting the whole process from start to finish at the Wilson factory for balls destined for the […]. Originally published at How tennis balls are made.

Video 101
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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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4 roads to innovation, by Gijs van Wulfen

Rapid Innovation in digital time

Though all roads may lead to Rome, innovators know that only a few tracks lead to innovation success! Gijs van Wulfen lights up our way with 4 practical routes, depending on your starting point: idea, technology, customer issue, or business challenge.

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Six Fixable Flaws That Are Holding You Back From Success

Faisal Hoque

These characteristics are what make us human, but they are also what separate the true leaders from the wannabes. The post Six Fixable Flaws That Are Holding You Back From Success appeared first on Faisal Hoque :: Entrepreneur | Author.

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Innovation Strategy – 16 Ways to Find New Resources to Innovate

BrainZooming

Facing a major goal when seems you have is too few resources CAN BE an incredible inspiration for your organization’s innovation strategy. I worked with a CMO who would revel in difficult situations where it seemed we had too few resources, negligible support, and slight chances of success. As he’d always remind us, when you have almost no support, you have almost nothing to lose.

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New: Innovate! App Brings Systematic Inventive Thinking (SIT) to Your Computer and Tablet

Innovation in Practice

Want innovation at your fingertips? Consider the Innovate! Inside the Box web application, which acts as a digital sherpa for Systematic Inventive Thinking (SIT). This web app (available for an annual subscription of $12) takes you inside the box and into the world of creativity. With a few clicks of the mouse, you can generate thoughtful, fresh ideas to solve a problem or improve a product.

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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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Open Innovation – Evolving from the Exotic to the Everyday

Innocentive

Since their re-emergence at the turn of the millennium, crowdsourcing and open innovation have been buzz-phrases of the business world - frequently spoken, but less frequently understood. They represented excitement, novelty, competitions, rapid results. Everything that the age of technology promised and more. As time proceeded and companies moved beyond just talking about crowdsourcing to actually undertaking it, this newness and excitement may have receded somewhat, but instead an accurate rea

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Practical Ways to Improve Employee Engagement

Planview

Editor’s note: Last month, Maggie Riad, VP of Innovation Strategy at Spigit, held a webinar: ‘10 Ways to Increase Employee Engagement in your Innovation Program’. This article is a continuation of this webinar, which you can watch on-demand , where Maggie answers several questions that came up but didn’t have a chance to answer. Q: How do we make it easier for employees to understand how their engagement affects our innovation program?

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Summer Travel Blogging – All the Fun Places You’ll See

BrainZooming

Summer travel is a fascinating study in how little people think about the ways their bodies AND their clothes will be stretched beyond normal limits. It’s a great opportunity to practice keeping your eyes very focused on what you are doing and ignoring the “local scenery” Being on the road during the summer is also a great opportunity to write a “Larry King-style” summer travel blogging update.

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People Are The Best Investment

Mike Shipulski

Anything that happens happens because of people, and anything that doesn’t happen doesn’t happen because of people. Technology doesn’t create itself, products don’t launch themselves, companies don’t build themselves and trust doesn’t grow on its own. Any kind of work, any kind of service, any kind of organizing – it’s all done by people. The productivity/quality movement has been good for factories – parts move in a repeatable flow and they’re processed in repeatable ways by machines that chu

Tips 43
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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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Business Model Innovation at the bottom of the pyramid?

Board of Innovation

BMI for NGO’s in Southeast Asia I recently visited Myanmar to support a group of NGO’s and corporates in healthcare to innovate at the bottom of the pyramid. We are all very enthusiastic about the result and the journey we’ve gone through so I would love to share this experience with you. The Context I’ve collaborated with Pepal, an NGO that. Read More.

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How to Win at Corporate/Startup Collaboration

Innovation Excellence

The results are in: the connective tissue linking corporates and startups is stronger than ever before. Business collaboration and co-creation can bring numerous benefits to both parties. But there are many hurdles on the road to a fruitful partnership.

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At Wells Fargo, Using Prototypes to Go Beyond Talking About Products

Innovation Leader

"Rapid prototyping makes something physical and tangible, so everyone can align their understanding of what it is, versus just talking about it," says Wells Fargo SVP Robin Beers.

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Innovation Quotes to Fuel Creative Minds

IdeaConnection

Let’s head into the weekend with a few quotes about innovation to help inspire us all to think differently and unblock innovation roadblocks. I think frugality drives innovation, just like other constraints do. One of the only ways to get out of a tight box is to invent your way out. Jeff Bezos, Amazon CEO and founde r. A key ingredient in innovation is the ability to challenge authority and break rules.

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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.

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Data Value and the CIO/CDO Relationship

Information Playground

The Chief Data Officer and Information Quality Symposium held at MIT  last week was a valuable experience to meet and greet the growing community of corporate Chief Data Officers. I was motivated to attend the Symposium for the purpose of exploring any potential CDO need for Data Valuation toolsets, services, and products.  Over the past year and a half Dr.

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8 Ways to Fight Brain Drain when Baby Boomers Retire

Innovation Excellence

While many baby boomers are preparing to leave the workforce; organizational leadership at most companies are not prepared to lose them. As reiterated in a McKinsey Quarterly Survey, the baby boomer generation is “the best-educated, most highly skilled aging workforce in U.S. history.

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Sandpaper: An Essential Item for the Corporate Innovator’s Toolbox

Innovation Leader

You may want to embrace an innovation strategy that seeks to eliminate the things that aggravate employees or customers, which pay off in a shorter timeframe, with little risk.

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Why Leaders Shouldn't Lead Brainstorming Sessions

Idea Champions

Here's one of the dirty little secrets of corporate brainstorm sessions: When they are led by upper management, department heads, or project leaders, they usually get manipulated. Because honchos and honchettes are so heavily invested in the topic being brainstormed, it is common for them to bend the collective genius of the group to their own particular point of view.

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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.