Sat.Oct 08, 2016 - Fri.Oct 14, 2016

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Why mapping the customer journey is the top driver for digital transformation

HYPE Innovation

Organizations are struggling to understand the behaviours of the ‘connected’ customer. Partly it seems executives don’t engage with their brand or business in the way that their customers do. The lack of having a well mapped out customer journey means missing out on opportunities caused by not knowing this, restricts the developing of innovation solutions that map back to all the decision-making that is going on in the customers’ minds.

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How China’s Shenzhen became the world capital of hardware innovation

Idea to Value

When people talk about innovative cities, most people think of Silicon Valley near San Francisco, Berlin, London or Singapore. But hardly anyone usually thinks of anywhere in China. Most people still think of China as a technology copycat, stealing intellectual property and designs from western companies and producing inferior but cheaper knock-offs.

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How to create valuable open innovation ecosystems

Exago

From building consumers’ loyalty through to establishing new partnerships, improving products and identifying more business opportunities – open innovation can bring companies remarkable benefits. The post How to create valuable open innovation ecosystems appeared first on www.exago.com.

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Taking Four Different Paths to Innovation

Braden Kelley

Interview with Gijs van Wulfen I had the opportunity recently to interview fellow Innovation author Gijs van Wulfen to talk with him about his new book The Innovation Maze, which is a follow-up to his great first book The Innovation … Continue reading →

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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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On superbosses, mentoring and other prerequisites for innovation

HYPE Innovation

“The delicate balance of mentoring someone is not creating them in your own image, but giving them the opportunity to create themselves” I didn’t say that, Steven Spielberg did. And I could not agree more. The benefits of professional (formal) and non-professional (informal) mentoring for innovation are obvious and we see great examples all over the world.

Video 176
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Here’s How Quantum Computing Will Change The World

Digital Tonto

The quantum computing revolution may be even more profound than the digital computing revolution a half century ago and it will happen much faster. Related posts: The Very Strange—And Fascinating—. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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Strategic Thinking Exercise – A SWOT Analysis to Push Thinking

BrainZooming

Yesterday’s post on using a new type of SWOT analysis to stimulate bolder strategic conversations in strategy meetings garnered quite a bit of attention. It received enough attention that we decided to share an additional strategic thinking exercise that puts a twist on the typical SWOT analysis. In this case, the letters in the SWOT analysis name still stand for strengths, weaknesses, opportunities, and threats.

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15 Outspoken Quotes on Innovation

Innovation Excellence

Yes, Innovation is extremely difficult. That’s why I love it actually. My personal goal is to spark innovation by making it less complex so you, your colleagues and/or clients will be able to innovate yourself. As blogger on innovation I have written more than 200 posts. I reread them to identify15 essential innovation messages. Being Dutch makes.

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Stories Are Important, We Should Get Them Right

Digital Tonto

The truth is that the world is a messy place and if we are to learn something useful from stories, we need to get them right. Related posts: Why Cities Are Our Most Important Innovation Platform. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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Who Are You?

Mills-Scofield

When you meet someone at a party, an event, in the store, at a school, what do we usually ask? “What do you do?” or if you’re in college, “What’s your major?” There are many ways in which others define us and we define ourselves: · Job, title, level; · Mom, Dad; · Daughter, son, sibling; · Aunt, Uncle. · College, university, and major or degree; · Home town, city, country; · Ethnicity; · Nationality(ies); · Religion; · Political leaning; · Talents; · Causes, volunteer efforts; · Board roles; · C

LEAN 78
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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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Creative Thinking and a Day of Creative Self-Talk

BrainZooming

I was talking with someone about whether I am all policies or all no policies. The answer was both, which is probably true. That conversation, and a related one on creative thinking and what is funny got me reflecting on a day in my life and the creative thinking and creative self-talk that goes on behind the scenes. As I started to jot down ideas from the day, it read like a bunch of creative thinking policies and non-policies.

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Patients & Healthcare Professionals Are Embracing Technological Advancements

Daniel Burrus

Technology startups sometimes get bad press for creating solutions to problems that don’t even exist. So it’s somewhat refreshing to see a large increase in doctors advising new businesses on how to start concentrating on solving the right problems. Despite the ubiquity of wearable technology and mobile apps, there continues to be a wealth of opportunities in the healthcare tech space.

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Where Great Ideas Come From

Innovation in Practice

So where do great ideas come from? The answer might surprise you. Let’s look at the most successful rock band in history, The Beatles. In a biography of Paul McCartney he shared his secret: “As usual for these co-written things, John often had just the first verse which was always enough. It was the direction it was the signpost and it was the inspiration for the whole song.

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How we justify our (un)sustainability

Norbert Bol

During the last few weeks I have had interesting discussions about the question: “are we doing enough to create a sustainable future?” The discussions were interesting because they were all very open in the first place. I also found that people are not only willing to contribute but are also willing to share their contributions with me and others.

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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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Strategic Thinking Exercise – Use a New SWOT Nobody Expects

BrainZooming

Going into a strategy meeting today that is sure to be a snoozer ? Even if you are going into the meeting with the same old people , the same old topics, and the same old expectations to just get a strategy done and put into a notebook on a shelf so you can go back to doing what you’ve always been doing, there is hope! Here is a way you can turn a typical strategic thinking exercise into something new and fun that both adds variety to your strategy meeting AND could trigger some new ideas to get

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Top 20 Innovation Articles of September 2016

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 September’s twenty most.

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What You Need to Know About Idea Software

Planview

What is idea software? Idea software, often referred to as idea management software, is a powerful solution that you can use to ask for, collect, analyze, and track ideas from diverse groups of people, also called a “crowd.” For businesses, this typically means employees, but many companies also use it to solicit and vet new ideas from their customers and partners, too.

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A Fresh Take on Strategy Development

etventure

Businesses have been using the same formula to develop strategies for many years. However, is this formula still valid in today’s fast-paced business environment? etventure’s Andreas Stark, Vice President North America, explores this question – and provides a fresh take on how to approach digital strategy. As a business leader, you’ve probably been through the development of at least one strategy or “five-year plan”.

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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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The Open Innovation Methods Matrix – Part 1

100%Open

When it comes to open innovation, knowing where to start or what to do next can often be the hardest decision. This uncertainty leads to inaction and missed opportunities. To counter this, we have produced a simple tool (below), which is based on our range of practical experience, to show the most common and relevant methods to successfully innovate openly.

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A Model for Dual Corporate Innovation Management

Innovation Excellence

As rightly pointed out by Tim Kastelle recently, it’s imperative to distinguish discovery from execution when it comes to startup and innovation activities – bearing in mind that both purposes are complementary and equally important. Along with the case made in my previous post, this suggests following a dual approach to balanced corporate innovation management.

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Five Critical Business Trends To Watch—No Matter How Or Where You Work

Faisal Hoque

From big data to the gig economy to social selling to generation Z, these buzzwords are starting to have real, mainstream impact. The post Five Critical Business Trends To Watch—No Matter How Or Where You Work appeared first on Faisal Hoque :: Entrepreneur | Author.

Trends 57
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The 11 Bad Habits Killing Innovation in Your Company

Steve Blank

Alexander Osterwalder invented the Business Model Canvas , co-founded strategyzer.com and was the lead author of Business Model Generation which sold a million copies in 30 languages. Alexander and I often collaborate on new ideas for corporate innovation. Here’s his guest post on what bad habits to avoid inside of a company. Big companies have great execution habits to manage and improve successful business models and value propositions.

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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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Making Brainstorming Work

Rmukesh Gupta

One of the most important skill that businesses need to develop is their ability to continuously innovate and stay ahead of their competition. One of the meta skills that organisations will need to develop if they are to flex their innovation muscle is the ability to do great brainstorming sessions. Earlier in the day, I stumbled onto the below video in which Bill Burnett talks about practices that can help you make your next brainstorming session highly productive.

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5 Practical Programs that Build Innovation

Innovation Excellence

As the business world is changing rapidly, the practical application of innovation programs can be confusing to organizations that are starting on an innovation path. Some methods are more useful than others depending on the goal of the organization and its particular strengths and weaknesses. Following are five of the most effective programs you can.

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Three Ways To Turn Around A Team In Turmoil

Faisal Hoque

At times of crisis, leaders have a tendency to batten down the hatches, bark orders, and assign blame. Those are all bad moves. The post Three Ways To Turn Around A Team In Turmoil appeared first on Faisal Hoque :: Entrepreneur | Author.

Culture 50
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What if it works?

Mike Shipulski

When money is tight, it’s still important to do new work, but it’s doubly important not to waste it. There are a number of models to increase the probability of success of new work. One well known approach is the VC model where multiple projects are run in parallel. The trick is to start projects with the potential to deliver ultra-high returns.

LEAN 50
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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.

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The Open Innovation Methods Matrix – Part 2

100%Open

In the previous post , we gave an overview of the Open Innovation Methods Matrix below, and defined the varying degrees of openness (the X-axis) and the different stages of open innovation (the Y-axis). In this post we describe the range of methods, together with examples, and how they can be applied. Within the Open Innovation Methods Matrix above there are nine methods that are most commonly used to innovate openly, as follow: Colleague Crowd (Explore/Internal) – An employee based progra

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Innovations in Fintech

Innovation Excellence

Technology automation tends to have two phases: In the first phase, automation replaces human decision-making and process with an inflexible set of rules, often creating new problems even as it solves old ones, and shutting out those who may be outliers or may be “exceptions to the rule.” But the next phase is where the innovation really kicks in, and this is when that automation becomes intelligent, data-rich, and capable of actually making rational decisions that improve and enhance the level

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How You Can Help Uncover Darfur Human Rights Violations

IdeaConnection

Amnesty International is turning to open innovation to help uncover humans rights violations and abuses in the Sudanese region of Darfur, one of the world’s most dangerous trouble spots. The non-governmental organization has launched Decode Darfur, an interactive platform that will allow volunteers to study thousands of square kilometers of satellite imagery where bombings and chemical weapons attacks are reported to have taken place.

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10 Reasons Colleges Fail At Business Model Innovation

It's Saul Connected

Higher education has a business model problem. The business model for U.S. colleges and universities — how they create, deliver, and capture value — hasn’t changed since Harvard, our country’s first college, was founded in 1636. Our higher education system is a national treasure that creates enormous societal value, but its 380-year-old business model fails to deliver affordable access and post-secondary credentials to an increasing percentage of our population.

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Mapping Digital Transformation: Retail’s Strategic Shift

Speaker: Jennifer Wright, Michael Scholz, Jasmin Guthmann, and Scott Canney

Digital transformation in retail is so much more than new technology. You need to get your whole organization, from entry-level workers to executives, on board with the new tech, new skills, and culture changes that digital transformation brings. Leading this mindset shift can be a daunting task… but that’s where this webinar comes in! Join our panel of experts as they guide you through the challenges of digital transformation, preparing you to avoid common mistakes and make the most of incredib