Sat.Aug 12, 2023 - Fri.Aug 18, 2023

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Why Most Corporate Innovation Programs Fail

Innovation Excellence

(And How To Make Them Succeed) GUEST POST from Greg Satell Today, everybody needs to innovate. So it shouldn’t be surprising that corporate innovation programs have become wildly popular. There is an inherent tradeoff between innovation and the type of optimization that operational executives excel at.

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Dissecting 8 Startup Failures in 2023 (so far) and Their Crucial Lessons

Collectivecamp

Stepping into the world of startups is akin to embarking on an expedition: the journey is thrilling, the prospects of discovery unparalleled, but the path is often treacherous. However, the bitter truth is that 90% of startups fail.

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Technical Advisors: Every Startup Needs One

TechEmpower Innovation

No good innovator turns down advice! Startup founders make decisions on a daily basis – significant decisions that will have lasting impact on their business. Why do this without the right technical advisor? Would you create contracts without an attorney? Just like attorneys, technical advisors can help navigate waters that many find murky. A technical advisor can: Help specify what to build versus what to buy Help structure third-party development contracts, or lead an in-house team Plan

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We need a new Energy Mantra- innovate, innovate, innovate.

Paul Hobcraft

Energy is a vital part of any country’s ability to be competitive, and we need to recognize that to innovate is the critical enabler to a clean energy future. Today half the world’s capital is invested in energy and its related infrastructure, which is the backbone of any industrial and urbanization strategy. We need to keep pushing for discoveries, experimentation, and demonstrating.

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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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Barbie the Innovator

Destination Innovation

Margot Robbie as Barbie in the 2023 Film directed by Greta Gerwig Barbie, the iconic fashion doll created by Ruth Handler and launched by the American toy company Mattel in 1959, was highly novel when launched and the brand has continued to innovate in many ways since then. Adult-Like Appearance: At a time when most dolls were babies or infants, Barbie displayed an adult appearance as a slim teenager or young woman.

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The Universality of Leadership: Challenging Industry-Specific Biases

Tullio Siragusa

The Universality of Leadership: Challenging Industry-Specific Biases In the modern business landscape, we often hear the argument that leaders should be hired from within the same industry to be effective. Proponents of this belief argue that familiarity with industry jargon, processes, and nuances is indispensable. While industry-specific knowledge can be beneficial, it’s essential to challenge this bias.

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Meet Dan Magdich, Brunner VP, Executive Creative Director Who Runs on Endless Creative Curiosity

Brunner

Dan Magdich’s career has been a fasten-your-seat-belt adventure from his first lessons as an ad agency intern to his current role leading the award-winning Creative team at Brunner. In July 2023, Brunner promoted Magdich from director of creative services to VP, executive creative director. “Dan has consistently demonstrated exceptional dedication, an unparalleled drive for creative excellence, and a passion for the work and the agency.

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Turn Cynics into Believers in Three Simple Steps

Innovation Excellence

GUEST POST from Robyn Bolton You are a leader, an innovator, and an optimist. You see what’s possible, and you sell people on your vision, encouraging them to come on the journey of discovery with you. You’re making progress, getting things done until *WHAM* you run right into that one person.

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What's the Importance of Technology in Continuous Improvement?

Kainexus

The future of excellence is where proven continuous improvement methods and mindsets meet cutting-edge technology, propelling your organization to new heights of efficiency and innovation. Embracing the philosophy of continuous improvement means committing to an ongoing journey of refinement and innovation, empowering all people in our organizations to adapt, evolve, and excel amidst ever-changing market dynamics and customer demands.

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How to Make a Compelling Pitch

Harvard Business Review

If you want to be an effective communicator, you’re going to need to know how to pitch your ideas, concepts, and perspectives to others in both professional environments and day-to-day interactions. To be effective, a pitch needs to be understandable, relevant, and readily convincing — without any strong-arm tactics or perceived gimmicks and tricks.

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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 Effective Leadership Skills Foster Strong, High-Performing Teams 

Brunner

Having an effective leader is crucial when it comes to building a solid and high-performing team. A great leader knows that they need to exhibit certain qualities and take specific actions to create a strong team dynamic and help the team succeed. At Brunner, we embrace a “player/coach” management style, actively involving ourselves in the process.

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Imagination versus Knowledge

Innovation Excellence

Is imagination really more important? GUEST POST from Janet Sernack Is imagination really more important than knowledge? How does imagination link to catalyzing collective innovation and unleashing corporate vitality? When I did my research, I discovered that the answer is actually paradoxical! Albert Einstein famously said “Imagination is more important than knowledge.

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Embracing the Inevitable: How Can Anticipatory Leaders Harness Disruptive Technologies?

Daniel Burrus

Today, we are in an era of drastic technological transformation. With the increasing use of digital technologies that include everything from 3D printing to various applications of extended reality, how we do business is constantly and dramatically transforming in ways that we have not seen since the industrial revolution! While company leaders have long been questioning how to navigate this quickly changing landscape, Anticipatory Leaders are one step ahead, leveraging the ever-evolving digital

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What to Do When You Don’t Trust Your Employee

Harvard Business Review

Bi-directional trust is a fundamental aspect of a healthy employee relationship; without it, the leader, the employee, and the broader team suffer. In this article, the author outlines five steps to take if you’re in the uncomfortable position of not trusting one of your employees: 1) Separate facts from assumptions and focus on specific problematic behaviors.

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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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Innovation in the Age of AI: How Innovators Stay Relevant

Phil McKinney

Artificial intelligence (AI) has come a long way since its inception, and today it is no longer just a buzzword but an integral part of our daily lives. Innovators know that in the era of AI, they must not only stay relevant but also pass the test of time. Failure to do so could mean being left behind or becoming obsolete. The challenge thus is how innovators evolve and maintain relevancy.

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Will Artificial Intelligence Make Us Stupid?

Innovation Excellence

GUEST POST from Shep Hyken I was just at an industry conference focusing on AI (Artificial Intelligence). Someone commented, “AI is going to make us stupid.” Elaborating on that statement, the commenter’s reasoning was that it takes thinking and problem-solving out of the process.

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Getting One's Ducks In A Row: Tracking A Lux Journey, From Startup To Acquisition

Entrepreneur - Innovation

The Qode co-founders share their experience to offer insights for other entrepreneurs navigating their way from startup to stability, growth, and success.

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How to Strengthen Your Relationship with a Career Sponsor

Harvard Business Review

Junior talent — especially those from underrepresented backgrounds — often face challenges making these connections. Here are three strategies that can help.

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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 Spot Your Innovation Blind Spot

Phil McKinney

We all have blind spots in different areas of our lives. For example, while driving, there are areas around your car that you cannot see, whether it's on the sides or behind the car. The same applies to innovation. We all have areas where we are unaware, uninformed, prejudiced, or unappreciative of certain things, and this makes it difficult to recognize an innovation.

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Save on Charting Change Hardcover for Two Weeks

Innovation Excellence

Wow! Exciting news! From now until August 29, 2023 you can get the hardcover version of my latest best-selling book Charting Change for only $34.99 (30% off) using code PALB2S, including free shipping worldwide*! Sorry, unfortunately this sale doesn’t have a discount on the eBook.

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How to Set Up an Effective Phase-Gate Process for Ideation | ITONICS

ITONICS

The traditional approach of ad-hoc idea generation often leads to missed opportunities, lack of direction, insufficient evaluation of ideas, and, ultimately, an inability to execute ideas quickly and effectively. A phase-gate process addresses these pain points by providing a structured methodology that guides teams through distinct phases of an idea workflow—from idea generation to evaluation and development.

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Making the Case for the Resources Your Team Needs

Harvard Business Review

Advocating for resources goes beyond the act of getting a “yes” to acquire more tools, personnel, or funds. It represents a deep commitment to your team’s success. It shows those you lead that you’re someone who understands their challenges, values their efforts, and is willing to champion their needs. Plus, with more resources at your disposal, your team can work more efficiently, innovate more effectively, and deliver higher-quality results, directly contributing to the bottom line.

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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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Thinkpak: More Than Just a Brainstorming Too

Phil McKinney

Are you finding it challenging to generate fresh, innovative ideas? Are your brainstorming sessions falling flat? Or perhaps you're merely looking for a creative spark to ignite your problem-solving skills? Enter Thinkpak: A Brainstorming Card Deck. This ingenious tool supercharges your creative process and takes your idea generation to the next level.

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Navigating the Unpredictable Terrain of Modern Business

Innovation Excellence

Shifting Sands GUEST POST from Teresa Spangler If you ask me, ‘So what is your business model?’ Our business model’s always about shifting to higher value opportunities. Ginni Rometty Navigating the Unpredictable Terrain of Modern Business The adage “a rolling stone gathers no moss” takes on a new dimension in an ever-evolving world.

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The Fear of Innovation and Change May Directly Cost You as an Individual. Here's How.

Entrepreneur - Innovation

Innovation and change can be scary. But ignoring new ways of doing things has legitimate and tangible costs that can affect all of us.

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Building a Culture Where Employees Feel Free to Speak Up

Harvard Business Review

When employees at every level speak up, they circulate local knowledge, expand the universe of useful ideas, and prevent collective tunnel vision. And not infrequently, minority views turn into novel solutions. But you can’t speak a speak-up culture into existence — doing so in the absence of true psychological safety is an abdication of leadership and an admission of failure.

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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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Corporate Venture Capital Firm Structure - Decoding the Anatomy of CVC

Collectivecamp

In the dynamic landscape of investment and innovation, the emergence of Corporate Venture Capital (CVC) firms has introduced a distinctive synergy between established corporations and agile startups. These firms function as a bridge, connecting the resources, expertise, and market access of large corporations with the ingenuity, speed, and disruptive potential of startups.

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Productive Disagreement Requires Trust

Innovation Excellence

GUEST POST from Mike Shipulski When there’s disagreement between words and behavior, believe the behavior. This is especially true when the words deny the behavior. When there’s disagreement between the data and the decision, the data is innocent.

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Thought Leader and Influencer Interview with Jean-Christophe Gaillard, Founder & CEO, Corix Partners

Thinkers360 - Thought Leader Interviews

At a Glance Jean-Christophe Gaillard, Founder & CEO, Corix Partners Focus Areas: Cybersecurity, Management, Leadership Thinkers360 In-Depth Profile & Portfolio: Jean-Christophe Gaillard Social Media: LinkedIn | Twitter Book: The CyberSecurity Leadership Handbook for the CISO and the CEO Highlighted Content: The Cybersecurity Spiral of Failure (and How to Break Out of It) , Going the Right Way about Cybersecurity Transformation , There Are Just Too Many Security Tools and Products Thinke

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Designing Generative AI to Work for People with Disabilities

Harvard Business Review

While trust is taking top billing in many discussions about generative AI’s design and uses, it’s also important to bring inclusivity and accessibility into the thick of things early on.

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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.