Daniel Burrus

NOVEMBER 1, 2023

In today’s economy, most organizations are locked in fierce competition with others in their industry. They compete for the same customer base, which results in them competing for rather slim profit margins. They battle for mere slivers of market share that could just as easily go to the next company in line in the blink of an eye. But why is this? Why is competition so fierce, and why do profits seem to continuously decline?

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Marketing Competition Industry Company 98

Paul Hobcraft

NOVEMBER 1, 2023

Shaping Innovation for a Meaningful Change Following on from my initial post, “ Our Need is to Shape Innovation Dynamically, ” this post outlines the eight value-adding points that I can help build out and deliver alongside you in different delivery modules to fit your circumstances and budgets. My value proposition is to work together to create something that shapes innovation for a meaningful change.

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Change Underperforming Technical Team Technical Review Agile 173

CMOE

NOVEMBER 2, 2023

As the modern workplace continues to evolve with a rich diversity of generations, embracing flexible leadership across these age groups is crucial for fostering collaboration, driving innovation, and achieving sustainable success in today’s dynamic business landscape. Flexible leadership relates to the leader’s willingness and ability to adapt the way they lead others to reflect the unique needs of the situation and the person being led.

Strategy 59

Strategy Strategy Leadership Technical Review 59

InnovationManagement

OCTOBER 31, 2023

Innovation is often glamorized by the bookends of sourcing promising ideas like colorful post-it notes or highlighting the final polished product we see in the store. Stories of the unglamorous hard work required to bridge the gap between “I have an idea” to its realization are often not shared. Generative AI will undoubtedly play [.] The post How to Use Generative AI to Turn Your Insights into Investable Ideas (Part 1) appeared first on InnovationManagement.

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Generative AI How To Innovation 96

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.

Data

Harvard Business Review

NOVEMBER 1, 2023

Too often, companies’ innovation efforts overfocus on one or two stakeholder groups and ignore the others. The result is failure. The best innovations create mutual value for all key constituents: the customers, employees, suppliers, communities, and investors that together have a material “stake” in the innovation’s outcome. This article provides four tips for harnessing your corporate purpose to improve your innovation success rate.

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Tips Innovation Groups Company 127

Paul Hobcraft

OCTOBER 30, 2023

In today’s rapidly changing business landscape, the ability to build a strong case, stay informed, and think critically is the key to unlocking success and driving innovation. For me, this landscape is marked by its dynamism. Here, market trends evolve, new technologies emerge, and consumer preferences shift lightning-fast. In this environment, success isn’t just about being prepared for change; it’s about actively shaping it.

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Agile Innovation Creative Thinking Culture 182

Digital Tonto

OCTOBER 29, 2023

Our identity and sense of self drives a lot of what we see and do, yet we rarely examine these things because we spend most of our time with people who are a lot like us, who live in similar places and experience similar things. Our innate perceptions and beliefs seem normal and those of outsiders strange, because our social networks shape us that way.

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Change Strategy Strategy Collaboration 120

Harvard Business Review

OCTOBER 31, 2023

To get ahead in the business world, it’s not enough to think stategically. You also have to effectively communicate those ideas. There are several ways to do this, including elevating the conversation to focus on the big picture and broader context, being forward-looking in your comments, anticipating the effects of potential decisions, connecting disparate concepts, simplifying complex issues, using metaphors and analogies, stimultating dialogue with questions, showing you are informed, activel

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Strategy Strategy Management 143

Christensen Institute

NOVEMBER 2, 2023

Conventional schooling just doesn’t work as well as it could for a lot of students. Day to day, many kids go through their classes confused, disengaged, or stressed; and unclear about what they’re working toward. Fixing these problems isn’t just about improving school quality. We need to reinvent schooling to adapt to kids’ needs, ignite their ambitions, and prepare them for the world they live in today.

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Resources 131

IdeaScale

NOVEMBER 3, 2023

What is a Lean Business Model Canvas? The Lean Business Model Canvas is defined as a visual tool and framework that helps entrepreneurs and business professionals plan and communicate their business ideas, strategies, and models in a concise and structured format. It is derived from the traditional Business Model Canvas, which was popularized by [.

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LEAN Tools Strategy Strategy 130

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.

Data

Innovation Excellence

OCTOBER 30, 2023

GUEST POST from Greg Satell Boeing and Airbus are arch-rivals, competing vigorously over decades for supremacy in the global aviation market, much like DowDupont and BASF do in chemicals. Yet all of these companies, along with many others, collaborate at places like the Composites Institute (IACMI).

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Collaboration Marketing Company Competition 105

Harvard Business Review

NOVEMBER 1, 2023

Curiosity is a powerful practice to infuse into a company’s culture. But managers often limit their definition of curiosity to simply a way to get information. Curiosity, though, can be a more expansive practice — it is a force for connection. We need to move away from “shallow curiosity” and embrace “deep curiosity,” where you unearth stories, values, experiences, and feelings.

Culture 137

Culture Tools Technology Management 137

Christensen Institute

NOVEMBER 2, 2023

In July 2023, our team published “ People-powered pathways: Lessons in how to build students’ social capital through career-connected learning.” In the report, we describe successes and challenges in bringing social capital–building strategies to a variety of educational settings. Our observations draw from an 18-month pilot during which we leveraged our social capital playbook to provide direct support to a group of three intermediary organizations—Education Strategy Group, Generation Schools N

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Report Training Learning Strategy 120

IdeaScale

NOVEMBER 3, 2023

What is Lean UX Canvas? The Lean UX Canvas is defined as a visual framework and tool used in the field of user experience (UX) design to help teams and organizations adopt a more user-centric and agile approach to product development. It is derived from Lean UX principles and aims to streamline the UX [.

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LEAN Agile Product Development Tools 130

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.

Artificial Inteligence

Yet2

NOVEMBER 1, 2023

Words by Carlos Pichardo Are you an organization with a burning problem you can’t quite solve? Lean on your fellow innovators and set up an innovation prize challenge! Prize challenges are a great way to source innovative technology while also promoting and growing your field. Setting up a prize challenge is difficult alone, but armed with yet2’s databases, our connections, and our technical and logistical chops, a prize challenge leading to innovation is right around the corner.

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Conference Engagement LEAN Technology 104

Harvard Business Review

NOVEMBER 1, 2023

If you’ve ever developed a product, you’ve almost certainly been derailed by scope creep. Features multiply, priorities blur, and schedules and budgets suffer. As a leader, how can you recognize scope creep and realign your team? Shift the focus from “what” you’re building (the deliverables) to “why” you’re building it (the outcomes). In this article, I’ll explain how you can keep your team’s efforts aligned with the genuine needs of your audience.

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Project Management Product Development Strategy 136

Christensen Institute

OCTOBER 30, 2023

What do lack of social connection, smoking cigarettes, and physical inactivity all have in common? They are all detrimental to our health and life expectancy. Fifty-eight percent of US adults are experiencing loneliness , and according to a 2017 study , this lack of social connection is as harmful as smoking up to 15 cigarettes per day. Figure 1. Mortality Comparison Source: Office of the U.S.

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Analysis Comparison Engagement Report 116

IdeaScale

NOVEMBER 3, 2023

Table of Content In the ever-evolving landscape of B2B (business-to-business) commerce, understanding your customers is paramount. One of the most effective tools for achieving this understanding is the B2B customer journey map. This navigational tool helps businesses chart the course of their customers' interactions, needs, and experiences, ultimately leading to successful [.

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Examples Course Tools 130

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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

Company

Innovation Excellence

OCTOBER 29, 2023

GUEST POST from Dennis Stauffer What makes you effective? Is it your knowledge and experience? Is it your commitment? Is it perhaps luck sometimes? Simply put: Being effective is about making what you want to happen, happen. It’s about shaping the world around you to fit your hopes and dreams, and aspirations.

Innovation 100

Innovation Change Innovation Management Management 100

Harvard Business Review

OCTOBER 30, 2023

Setbacks are common on projects — but project managers hold four key tools to understand why they happen and how to help their teams move past them. First, understand the neuroscience behind setbacks to encourage people to learn and grow. Second, openly acknowledge that a setback has occurred to prevent backsliding. Third, adopt a growth mindset to help others strive for improvement instead of getting stuck on autopilot.

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Project Management Tools Learning 133

Ecosystems4Innovating

NOVEMBER 3, 2023

Design Thinking is seen as the essential element that will combine with technology and AI in the future yet it is still the need for the human touch will still be essential. As we form more around ecosystem thinking and design, design thinking will be essential as the significant enabler to creative input. There is a fascinating change by embracing Design Thinking principles differently in the future of innovation; organizations can foster a more profound culture of creativity, empathy, collabor

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Design Thinking Technical Review Design Technology 97

IdeaScale

NOVEMBER 3, 2023

Table of Content In today's digitally driven world, businesses are constantly searching for ways to enhance the customer experience and build long-lasting relationships with their clientele. To achieve this, companies are turning to a powerful tool known as the Digital Customer Journey Map. This innovative approach allows organizations to gain a [.

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Tools Company Innovation 130

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.

Data

Innovation Excellence

NOVEMBER 2, 2023

GUEST POST from Shep Hyken What’s happening on the inside of an organization is felt on the outside by the customer. It is more important than ever to create a culture that attracts and retains the best employees. Good or bad, the culture and employees operating within it will influence the customer experience.

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Culture Leadership 99

Harvard Business Review

OCTOBER 30, 2023

Digital transformation can be a tool for doing both well and good. The authors look to the example of the Dutch Lottery, or Nederlandse Loterij (NLO), which faced a wave of digital disruptors that operated in a legal gray zone offering pure online products. In response, the company proposed implementing a “KPI butterfly” to balance doing well (making money) against doing good (protecting society) as part of its digital transformation process.

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Tools Examples Company How To 130

PlanBox Innovation

OCTOBER 31, 2023

Unifying the PMO and Innovation Team through ISO 56001 to Move the Business Forward. The business universe is ever-expanding, and any organization not moving forward risks being sucked into the black hole of stagnation. Oh, the horror! Indeed, in this age of relentless change, the last thing any enterprise wants is a free-falling portfolio of innovative projects.

Underperforming Technical Team 97

Underperforming Technical Team Project Innovation Management Resources 97

IdeaScale

NOVEMBER 3, 2023

In the dynamic landscape of business and strategic decision-making, it's crucial to have powerful tools at your disposal to understand your environment and plan for the future. Two such tools that have proven invaluable are PESTEL and SWOT analysis. These techniques provide a structured framework to assess and analyze the internal and external factors [.

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Analysis Tools 130

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

Report

Innovation Excellence

NOVEMBER 3, 2023

GUEST POST from Mike Shipulski 1. If you want to grow leaders, meet with them daily. 2. If you want to grow leaders, demand that they disagree with you. 3. If you want to grow leaders, help them with all facets of their lives. 4.

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Meeting Leadership 98

Harvard Business Review

NOVEMBER 3, 2023

There are five reasons that large projects fail. Wrong projects are ones that defy conventional business rationale, creating outputs that either few people want, that add little to no real value, or that undershoot the desired benefits because they are so difficult to achieve. A second reason is unreasonable constraints — when the effort doesn’t have adequate funding, people, time, or other key inputs.

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Project How To Leadership Management 128

Kainexus

OCTOBER 31, 2023

In a recent podcast episode, Mark Graban and Greg Jacobson engage in a lively conversation on topics such as habit science, the upcoming conference sessions they will be participating in, their shared admiration for the Lean Leadership Podcast, and advice for those starting out in Lean Six Sigma or Continuous Improvement.

LEAN 97

LEAN Conference Design Leadership 97

IdeaScale

NOVEMBER 3, 2023

Table of Content In modern business, building and maintaining strong customer relationships is paramount to success. The concept of a Business Model Canvas (BMC) has become a valuable tool for entrepreneurs and businesses alike to visualize and design their business strategies. The Business Model Canvas (BMC), introduced by Alexander Osterwalder and [.

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Tools Design Strategy Strategy 130

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