Sat.Sep 23, 2023 - Fri.Sep 29, 2023

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The Top 20 Symptoms of a Weak Development Team

TechEmpower Innovation

When speaking with founders and CEOs, we often hear concerns like this: My project manager is losing confidence in the development team. The PMs are seeing late deliveries and bugs that suggest the devs just aren’t capable enough. I think that poor communication and differing team cultures might be part of the problem, but how can I know for sure? It’s a good question.

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Innovation or Extinction — Why Complacency Is the Real Business Killer (and How to Foster an Innovative Culture)

Entrepreneur - Innovation

Here are 10 ways to foster innovation in your company and why it's critical for your business's survival.

Culture 98
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Why VUCA Is (Mostly) A Myth

Digital Tonto

At any given time, there are many s-curves going on at once. Some are just beginning to crawl, others speeding up and still others slowing down. Pointing out the ones that are speeding up and ignoring everything else that’s going on may be exciting, but it's not the way to get the best results. It’s no accident that VUCA is a military term. The ever-present mantra that we are living in a time of volatility, uncertainty, complexity and ambiguity makes corporate executives feel like swashbuckling

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Has innovation changed over the last ten years?

Paul Hobcraft

Innovation is certainly a complex and dynamic process that involves many factors and actors and I certainly feel it has been shifting in its focus. I have been thinking of where we have been placing the emphasis over the past ten years. I decided to ask GPT-4 what major shifts have occurred in how we approached innovation ten years ago and today. It was suggested that these were the following.

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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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AI and the Productivity Paradox

Innovation Excellence

GUEST POST from Greg Satell In the 1970’s and 80’s, business investment in computer technology were increasing by more than twenty percent per year. Strangely though, productivity growth had decreased during the same period. Economists found this turn of events so strange that they called it the productivity paradox to underline their confusion.

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How to Evaluate a Job Candidate’s Critical Thinking Skills in an Interview

Harvard Business Review

The oldest and still the most powerful tactic for fostering critical thinking is the Socratic method, developed over 2,400 years ago by Socrates, one of the founders of Western philosophy. The Socratic method uses thought-provoking question-and-answer probing to promote learning. It focuses on generating more questions than answers, where the answers are not a stopping point but the beginning of further analysis.

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The right tool to keep us from falling off the childcare cliff

Christensen Institute

There has been no shortage of news coverage around the impending childcare cliff we will encounter if the government doesn’t arrive at an agreement to continue funding childcare centers in the US. Testimonies to Congress over the past week have refocused the nation on the fact that, as labor economist Kathryn Edwards stated , “…childcare is a market failure.

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Why Successful Innovators Are Curious Like Cats

Innovation Excellence

GUEST POST from Janet Sernack In our previous blog, we shared how consciousness, imagination, and curiosity are the fundamental precursors to creativity, invention, and innovation.

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What Makes an Inclusive Leader?

Harvard Business Review

Leaders play a critical role in fostering inclusivity within their organizations. They account for a difference of up to 70 percentage points in employees’ experience of belongingness and psychological safety, and inclusive leaders see a 17% increase in team performance, a 20% increase in decision-making quality, and a 29% increase in team collaboration.

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When to Guide and When to Listen: A Day in the Life of Global Manager of Business Intelligence and Analytics Elvia Martínez

Planview

Elvia Martínez manages two teams across three continents. Elvia uses her unique background from an immigrant family to lead her teams with inclusivity, collaboration, and support. Explain your role as a Global Manager of Business Intelligence and Analytics and a few of your responsibilities. I manage two engineering support teams. They’re spread across the US, Sweden, Germany, and India.

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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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How Category Expertise can help to create breakthrough

Flying Fish Lab

We mentioned in an earlier post how relying only on category expertise for ideation can be tricky because it comes with blind spots - unconscious biases that can narrow your vision and potentially minimise the opportunities you see. Yet it is essential to bring it to life opportunities. It can even push the ideas from good to great and we had a lovely example with a project we did for a global leading paper company.

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An Innovation Lesson From The Rolling Stones

Innovation Excellence

GUEST POST from Robyn Bolton If you’re like most people, you’ve faced disappointment. Maybe the love of your life didn’t return your affection, you didn’t get into your dream college, or you were passed over for promotion. It hurts. And sometimes, that hurt lingers for a long time.

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Good Judgment Is a Competitive Advantage in the Age of AI

Harvard Business Review

With generative AI, the technology game has changed — suddenly everyone is a potential programmer. But as we travel these technological leaps forward, there’s still a fundamental, longstanding capability every organization will need to realize AI’s true potential: judgment. That idea of judgment in the age of AI was a central tenet of the work of the authors’ late colleague, visionary friend, and longtime HBR contributor Alessandro Di Fiore.

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The Futureview® Factor: A Blueprint for Employee Retention

Daniel Burrus

Attracting and retaining the best employees are two completely different concepts. Hiring the best is usually a streamlined process of seeking out the most qualified and skilled individuals and getting them to view your organization as a positive workplace to be in. But after hiring is complete, it is their turn to interview you , in a way. They finally get to see what is behind the front door at your organization.

Company 101
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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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Our latest research – Accelerating the adoption of solar energy in Nigeria: A market-creation strategy

Christensen Institute

More than 92 million Nigerians don’t have access to electricity, and most who do have access experience unreliable and intermittent electricity at best. For decades, Nigeria has invested billions of dollars in improving access to power, yet much of the country remains dark. Solar energy has the potential to create access to electricity for millions of people across the country.

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Allow Your Customers to Die with Dignity

Innovation Excellence

GUEST POST from Shep Hyken I’m sorry for the somewhat morbid title, but I wanted to catch your attention. Here is a short version of the story that sets up this week’s Shepard Letter. A friend shared that one of his in-laws passed away a few months ago.

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3 Ways to Live Out Your Values at Work

Harvard Business Review

The landscape of work is changing, yet people’s aspiration to build careers with moral value — that is, work that aligns with shared understandings of what’s right and good — remains constant. While doing so is difficult, it’s also worthwhile: Our careers take up an enormous amount of our time and energy, and it’s essential to feel that we’re creating careers aligned with our moral values.

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Are We the Creators or the Created? The Enigma of Creativity

Phil McKinney

The question of whether we are truly creative or just following God's predetermined path has been a matter of debate for centuries. As a writer, I often wonder if my words are truly a creation of my own or predetermined by God's plan. This paradox of creativity is not limited to writers but applies to all forms of art, music, and innovation.

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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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Why Corporate Development Needs Corporate Venture Capital

Collectivecamp

A CVC fund can play a pivotal role in augmenting and complementing an organization's corporate development and M&A activities, offering numerous benefits that extend beyond financial investments. In this article, we will explore how having a dedicated CVC fund can empower companies and help them achieve their strategic objectives.

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The Solution to Every Problem Lives Inside You

Innovation Excellence

GUEST POST from Mike Shipulski If you want things to be different than they are, you have a problem. And if you want things to stay the same, you also have a problem. Either way, you have a problem.

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Creating a Cohesive Team for Corporate Transformation Projects

Harvard Business Review

Hollywood films have long been made by teams of independent contractors and employees of different production companies brought together for short-term projects. Companies have embraced this model for transformations, with data showing that 45% of the people on these projects are not regular employees. Managing a disparate group like this can be a challenge, but team leaders can overcome that by working to create one culture, making work personal, and empowering the team leader.

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Breaking Down Silos: Strategies for Seamless Inter-Departmental Cooperation

helloFUTURE

In product development and innovation, collaboration is not just a buzzword—it’s an imperative. Yet, in many organizations, siloed departments operate independently, often leading to inefficiencies, duplicated efforts, and missed opportunities. Breaking down these silos and fostering inter-departmental cooperation can significantly enhance product development processes and outcomes.

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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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Get Best Practices Are Stupid on Kindle Today!

Stephen Shapiro

The Kindle version of Best Practices Are Stupid is now available for order on Amazon. Today is the 12th anniversary of the book’s original publication. Today marks the formal release of the updated e-book edition. The paperback version will be available very soon! Note that the original version (with the yellow lightbulb on the cover) is available from resellers only.

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Curiosity and Collaboration in the Escape Room Adventure Playground

Innovation Excellence

GUEST POST from Leo Chan When’s the last time you felt curious? When’s the last time you fully immersed yourself in curiosity? For me, it was this past weekend, during my escape room experience at Escape Games Canada. It’s only my second time with escape rooms. My first wasn’t positive. I actually really disliked it.

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The Next Supply-Chain Challenge Isn’t a Shortage — It’s Inventory Glut

Harvard Business Review

Inventory challenges aren’t new. Electronics littered shelves in 2001 after the dot-com bubble burst. In 2009, the financial crash left manufacturers with excess inventory when consumer buying power suddenly dropped. And now, the high-tech industry is feeling the weight of a volatile market that has led to excess component inventory. Measuring inventory momentum can help leaders address the problem.

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Accel IQ Webinar – Video

Qmarkets

An energizing and actionable session about the mindsets and techniques leveraged by some of the most prolific innovators in the world. Download now for invaluable tips and real-world examples about applying creativity to drive growth and elevate performance, from Platypus Labs CEO and co-founder Kaiser Yang.

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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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How Influencer Marketing Can Drive Business Impact for B2B Brands

Brunner

When you think of influencer marketing, you probably picture trendy teens on social media showing off their latest fashion finds, beauty products, or tech gadgets. But the power of influencer partnerships isn’t just for B2C companies looking to connect with customers. B2B companies in all types of industries can team up with influencers to boost their growth and drive impactful results.

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Penn Jillette’s Innovation Advice

Stephen Shapiro

Penn Jillette (of Penn & Teller) has some brilliant advice on how they develop their act. “(We) knock around ideas. We are not in any way supportive. As soon as the germ of an idea comes up, the other person tries to crush it, because if there’s something bad about it, we want to find out as soon as we can. We never compromise, because that can only lead to mediocrity.

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3 Ways to Prepare for the Future of Work

Harvard Business Review

Many forces are converging today in unprecedented ways to reshape the nature of work. To understand and adapt to these forces, leaders need to start thinking seriously about three important areas of concern: the future of workers (who are questioning the role that work plays in their lives and demanding more from the organizations they work for); the future of working (which is evolving rapidly thanks to hybrid and flexible work arrangements, digitalization, and automation); and the future of wo

Change 132
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Unlocking the Human Side of Digital Transformation

Moves the Needle

Surviving and thriving in the digital world does not mean merely implementing technology. It also requires instilling new mindsets at all levels in the organization. The way people work needs to align with the speed, complexity, and uncertainty of today’s economic activity while solving real-world problems that benefit customers. The path forward is to create RAD organizations: resilient to endless disruptions, aware of changing market conditions, and dynamically adapting to create real value.

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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.