Sat.May 12, 2018 - Fri.May 18, 2018

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7 Habits of Highly Innovative Companies

ITONICS

Innovation. It is the lifeblood of our global economy, a survival skill and a strategic priority for any company worldwide. Nevertheless, many market participants still face the enormous challenge of figuring out the blend of all necessary elements and the right mix for a successful innovation process. Even fewer have persistently developed and implemented habits and processes that foster sustainable innovation.

Company 57
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The Real Reasons Failure Is Important To Innovation

Innovation Excellence

We’ve all heard the mantras around failure. “Fail fast. Fail often.” “Love your failures.” “You can’t succeed without failure.” But why? Why is failure so important to innovation and success? Why are we constantly being told to embrace failure rather than run away from it? We are told often it’s because we learn the most.

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Helping Innovation Managers Overcome Growth Hurdles

Svava

Open Innovation is Right for You, Right Now.

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Is Open Innovation Right For you, Right Now as a CEO

Svava

Learn how these beneficial projects can help overcome challenges.

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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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Best of the Bonn Forum: Lessons from the Innovation Community

HYPE Innovation

How can an event be inclusive and exclusive at the same time? By appealing to a variety of professionals who work in a very narrow niche, of course. For example, to the professionals heading (and sometimes herding) innovation management efforts in their organizations.

Course 100
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The Single Most Important Skill of Great Innovators

Innovation Excellence

No matter how smart or creative you are, this one skill is what sets all great innovators apart from the rest of the crowd. Innovation is often thought of strictly as an act of creativity. The more creative you are the more innovative you will be. Not so. We are all creative. Yes, some more.

More Trending

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The Truth About Diversity

Digital Tonto

The lesson is that for diversity to work, it has to create a little tension and that will cause some discomfort. However, if we make it a priority and invest the resources of our best people to make. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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Why innovators should focus on product deconstruction

Jeffrey Phillips

I've been thinking a lot lately about innovation and how we may have emphasized one component at the expense of another. Here I'm talking about something that should appear obvious - the focus of innovation in building new things. We are constantly reminded that innovation is about building new products and services and experiences. And this definition is entirely right and proper.

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A Successful Process Improvement Workflow

IdeaScale

Last week, IdeaScale introduced a proven customer experience improvement workflow that is being used by our highest performing communities. This week, we’re going to look at a high-performing process improvement workflow (by far IdeaScale’s most common use case). This workflow has been used to find new time efficiencies, save money, and more.

Ideation 116
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Meet the Exago Innovation Guru prize-winners

Exago

The challenge was set, the votes counted and the champions announced. And now, Exago has delivered the prizes to the Innovation Guru Award winners of 2017. We were proud to present the trophies to Via Varejo, Ageas and CTT, the three clients who especially stood out for their solid focus and resilience to innovate over the past year. The post Meet the Exago Innovation Guru prize-winners appeared first on Exago.

Meeting 117
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From Data to Decisions: Maximizing Retail Potential with 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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The Future Of Software Is No Code

Digital Tonto

It's accelerating how businesses are able to impact their strategy Related posts: The Future Of Robots. The Future Of Robots Is All Too Human. Why We Need To Change The Software In Our Organizations. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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BMW Launches Public Innovation Challenge

Planview

Cars are no longer just forms of transportation. From the ability to have hands-free conversations through interior speakers to diagnostic displays that enable you to see the health of your vehicle to autonomous driving, they’re quickly becoming a technology platform where remarkable innovations are happening. While the exterior of a car usually gets all the attention, interiors are getting more sophisticated as they become tightly integrated with our everyday lives.

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10 Leaders in Hong Kong share their Corporate Innovation Advice | Collective Campus

Collectivecamp

Hong Kong is currently ranked 16th in the Global Innovation Index and corporate innovation has never been more important in the region than it is now.

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Top Ideas and How to Execute Them

Beyond the Obvious

Which Top Ideas to Pitch? The next stage is to consider how these ideas might be implemented by your organization. Look at the top ideas and say to yourself as the leader, “These are great ideas—how can we execute them?” The following questions will help you get to your answer: Can we get our teams […].

How To 61
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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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How to Measure Innovation (To Get Real Results)

Innovators Alliance

Metrics are a combination of art and science. The trick is to inspire action around the goals you set. *Originally published on Co.Design: click here to access. There’s an elephant in the room when it comes to “innovation.” And it’s an ironic elephant given that we’re all so hooked on data analytics, a/b testing, and getting metrics for anything and everything.

How To 53
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How Crowdsourcing Can Help Improve Healthcare

IdeaConnection

With patients demanding better customer experiences and pharma companies facing increasing pressure to improve outcomes, the need for the healthcare sector to innovate has never been greater. And that means there is a greater need for smart solutions. An article in the current edition of Forbes online highlights four examples of how this can be achieved through crowdsourcing initiatives.

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Inside Alibaba – Jack Ma’s Digital Innovation Factory

Innovation Excellence

Artificial intelligence. Augmented reality. Facial recognition. Connected “internet” vehicles. Global virtual marketplaces. App-based digital payment systems. Pharmaceutical e-commerce. Humanoid robots. Giant vending machines for cars. This is not just the magical stuff of today’s digital-driven, transformation economy. It’s a snapshot of the cutting-edge innovation work currently underway at one of the world’s most exciting and.

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5 Tips for Promoting Innovation at Nonprofit Organizations

InnovationManagement

Startups often lead their industries in innovation—they’re full of fresh ideas, thinkers with big dreams, and the flexibility to create impactful change. But what about other organizations? Innovation is a must for every company, whether the organization is a large corporation or a small nonprofit. Unfortunately, many nonprofits are some of the least innovative companies in operation.

Tips 46
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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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Get Real About Your Company’s Future

The Inovo Group

We always overestimate the change that will occur in the next two years and underestimate the change that will occur in the next ten. – Bill Gates. Highlights: Companies make continuous bets on their future. But the future they bet on typically isn’t so different from today. For many, “future” is in fact a continuation of the immediate past and projections of near-term forces and trends that are easy to see and understand.

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Lemonade: Insurance that Millennials Love

ITONICS

All of us have to deal with insurance companies, and it’s not fun. Endless paperwork, confusing conditions, fine print, long queue and so on and so on. EY Global Consumer Insurance Survey 2014 found that insurance is one of the least trusted sectors of the U.S. economy and ranking extremely low in all customer satisfaction categories. Yet, insurance services constitute a multi-trillion dollar market within the financial sector of economies worldwide.

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Why Mindsets Matter in Innovation, Transformation and Digitization

Innovation Excellence

This is the second of three articles on embracing digitization, transformation and innovation. In our last blog “Taking the Path to Digital Transformation” we described how leading innovators, R&D and new-product development have become digital endeavors. How eleven of the fifty companies named in BCG’s 2018 ranking of the most innovative companies – including seven.

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Blockchain: The Innovation Healthcare Needs Most

InnovationManagement

In a world constantly changed by the digital transformation, one industry consistently lags behind all the rest: healthcare. For those within the field, it is open knowledge that while other industries are quick to adopt and implement novel technologies, in healthcare the change comes slowly.

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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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Dr. Satnam Singh, MAICD

Innovation 360 Group

Based in Malaysia and Australia. Background: Dr. Satnam is an experienced and motivated Group Managing Director with expertise in business transformation, sales and revenue enhancement, governance, marketing and social selling. Over the years, He have finessed his ability to identify and resolve complex commercial issues through meticulous attention to detail and strong sense of innovation.

LEAN 40
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The University of Central Asia: Educational Innovation in the Mountains of Rural Kyrgyzstan

New Markets Advisors

Naryn campus in summer of 2017, at the end of the inaugural year. Credit: UCA Before I joined New Markets Advisors as an Associate, I was on the team that opened the University of Central Asia ’s Naryn campus in Kyrgyzstan for its inaugural 2016–2017 school year. It was one of the most incredible experiences in my life and I’m proud to have been a part of it.

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Top 20 Innovation Articles of April 2018

Innovation Excellence

Drum roll please… At the beginning of each month we will profile the twenty posts from the previous month that generated the most traffic to Innovation Excellence. We also publish a weekly Top 8 as part of our FREE email newsletter. Did your favorite make the cut? But enough delay, here are April’s twenty most.

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Top 10 Takeaways from Spigit’s Ignite 2018 Conference

Planview

Ignite 2018 is now in the rearview mirror, there only one thing to say: what an incredible two-day experience! With so many innovation leaders from some of the largest companies in the world in attendance, there was no shortage of opportunities to learn. In this article, we’ve compiled a list of our top 10 takeaways. 1. Ideas are great, but impact matters.

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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.

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Manoj Khanna

Innovation 360 Group

Based in the Netherlands and New York, USA. Background: Hello! I am Manoj. For over 18 years I’ve helped strengthen teams from large commercial insurance companies, investment firms, big commercial banks, and media & telecom agencies within continental North America, Europe and Asia. I’ve challenged their status quo, refined processes with solutions, and strengthened their delivery.

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How to Turn a Left-Brained Workforce Into a Creative Machine

Stephen Shapiro

You can create an environment where everyone can contribute to your company’s innovation efforts… How do you structure your innovation teams? If you are like most companies, you put your most creative people in a room to develop ideas who then hand off those ideas to a team of implementers. But is this always the right structure? A fascinating study may give us clues to what is most effective.

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Time to Take the Quantum Age Seriously

Innovation Excellence

Every new technology has the capacity to inspire wonder and fear. One Swiss scientist, Conrad Gessner, warned in the 1500’s that the data overload from the printing press would be “confusing and harmful” to the mind. Similar concerns have been voiced about every conceivable advancement, from the train and car to computers and social media.

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Six Disruptive Forces Shaping the Future of Logistics: Force 6 – Powerful Business Intelligence and Analytics in Logistics

BPI Thought Leadership Commentary

This is the sixth and final blog of a multi-part series written by David. Each blog will discuss the many forces that emerge which can potentially disrupt the way logistics execution is done. Accurate and organized data is a requirement for today’s logistics / supply chain manager. Business intelligence, such as algorithm-based optimal pricing models, pattern or usage based best practice.

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The Big Payoff of Application Analytics

Outdated or absent analytics won’t cut it in today’s data-driven applications – not for your end users, your development team, or your business. That’s what drove the five companies in this e-book to change their approach to analytics. Download this e-book to learn about the unique problems each company faced and how they achieved huge returns beyond expectation by embedding analytics into applications.