Three Maps to Innovation Success
Innovation Excellence
AUGUST 29, 2023
GUEST POST from Robyn Bolton Several years ago, my now-husband and I were in London.
Innovation Excellence
AUGUST 29, 2023
GUEST POST from Robyn Bolton Several years ago, my now-husband and I were in London.
Viima
AUGUST 31, 2023
53% of Fortune 500 companies use Six Sigma and up to 82% of those in the top Fortune 100 embrace the business improvement methodology. Research says that Six Sigma has saved companies over $400 billion. 40 years later the Six Sigma methodology is as popular as ever, with new variants and adaptations, like the Lean Six Sigma, making it more versatile for other industries and types of organizations as well.
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Harvard Business Review
AUGUST 28, 2023
None of us want to admit that we would rather feel overwhelmed than underwhelmed. In fact, we often experience a greater sense of our own value when we’re working than we do when we’re not. Working is not just a way to stay busy, but also to prove our worthiness – to others and to ourselves. The result is that without the right guardrails in place, we silently collude with employers who encourage us to overwork through intense pressure to perform.
Sopheon
AUGUST 29, 2023
In my article, Mastering product management: What I have learned from my kung fu journey , I used my 12+ years of study and practice of kung fu as a lens to understand what it takes to master product management. Innovation is the lifeblood of progress and success in today's fast-paced business world. Accelerating innovation requires organizations to adapt, evolve and innovate continuously.
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.
Tullio Siragusa
AUGUST 28, 2023
The Dual Paths of Leadership: Immediate Gratification vs. Long-term Growth In the arena of leadership, two divergent paths often present themselves: one focused on immediate gratification and the other on long-term growth. While both paths offer their own sets of rewards and challenges, the choices made early on can dramatically impact the course of a leader’s career, as well as the destiny of their team and organization.
HYPE Innovation
AUGUST 28, 2023
Companies across the globe are under increasing pressure from multiple stakeholders, with many failing to meet expectations or outperform their competitors. In today’s increasingly volatile, uncertain, disrupted, complex, and interconnected environment, it’s more important than ever for companies to learn how to adapt faster than the rest of the market in order to survive.
Business Innovation Brief brings together the best content for business innovation and strategy professionals from the widest variety of industry thought leaders.
Digital Tonto
AUGUST 27, 2023
Change always begins with a grievance—there’s something people don’t like and they want it to change. Yet the status quo always has inertia on its side and never yields its power gracefully. That’s why it’s so important to forge a shared purpose, because people need a common mission they can believe in to see themselves as stakeholders in a shared future.
Harvard Business Review
AUGUST 31, 2023
Given the staggering pace of generative AI development, it’s no wonder that so many executives are tempted by the possibilities of AI, concerned about finding and retaining qualified workers, and humbled by recent market corrections or missed analyst expectations. They envision a future of work without nearly as many people as today. But this is a miscalculation.
IdeaSpies
AUGUST 31, 2023
ChatGPT’s parent OpenAI will generate $1 billion in revenue over the coming year, the Information reports. The Microsoft-backed uber-unicorn is already banking $80 million a month. I recently predicted Microsoft’s valuation will rocket to $4 trillion , and warned news media that the window to do a deal was closing. Today, while they brief lawyers on copyright theft, Supervised reports how OpenAI is hauling ass to commercialising it.
Entrepreneur - Innovation
SEPTEMBER 1, 2023
Unbiased AI algorithms can now analyze online chatter and discover emerging product trends before they go mainstream, providing valuable insights for entrepreneurs.
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.
PlanBox Innovation
AUGUST 31, 2023
This article originally appeared on Forbes. In the rapidly evolving, interconnected landscape of the 21st century, no organization is an island. The increased interdependence has birthed countless collaboration opportunities, leading innovators to strategically weave a network of partnerships throughout their supply chain to continuously drive better, more sustainable results, especially when it comes to evaluating emerging technologies and engaging with startups.
Harvard Business Review
AUGUST 31, 2023
Today’s workers feel numbed by a fragmented, unpredictable, and overwhelming collection of collaboration tools — the very things advertised to boost their productivity. They know they’re overloaded and feel exhausted but believe there is little or nothing they can do to slow the onslaught of communication. The authors explored how collaboration technology bloat impacts employees and tried to help people take control over their work.
Innovation Excellence
SEPTEMBER 1, 2023
GUEST POST from Mike Shipulski If you could get another good job at the drop of a hat, how would you work differently? Would you speak your mind or bite your tongue? If you didn’t care about getting a promotion, would you succumb to groupthink or dissent?
Brunner
AUGUST 30, 2023
You know your company has great stories to tell. Maybe it’s how your engineering team helped a B2B customer solve a risky problem and finally land that big account. Or how your product group turned an inspired idea into a new item that millions of B2C customers are snapping up. But many companies don’t know how to share those stories. They’re frustrated by the lack of media recognition.
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.
Christensen Institute
AUGUST 29, 2023
You might be surprised that the answer has nothing to do with health care. Instead, it’s articulating a singular focus for your organization, grounded in the progress customers are seeking. Frequent readers will notice I’m referring to the theory of Jobs to Be Done. Jobs Theory (Jobs) is a framework to better understand customer behavior. While conventional marketing segments a market by demographics and product attributes, Jobs focuses on the functional, social, and emotional drivers that
Harvard Business Review
SEPTEMBER 1, 2023
Most people believe in promoting DEI in the workplace. But implicit and unconscious biases — not to mention the constant juggling of priorities required at work — can lead to inequitable decision-making. In this article, drawing on recent research, the authors suggest that this problem can be addressed by making DEI more immediately obvious, or salient, to managers immediately before they need to make consequential decisions about such matters as hiring, promotions, and performance evaluation.
Kainexus
AUGUST 30, 2023
Business processes serve as the backbone of an organization, defining how tasks are executed, resources are allocated, and goals are achieved. In this dynamic and competitive landscape, embracing continuous improvement through effective process improvement plans is paramount.
Phil McKinney
SEPTEMBER 1, 2023
Have you ever sat down and really thought about all the things you're grateful for? In today's fast-paced world, it's easy to take things for granted and forget to be grateful for what we have. Gratitude is not just a warm and fuzzy feeling but a powerful emotion that can transform our outlook on life and our relationships. The Power of Gratitude Gratitude is being thankful and ready to show appreciation for and return kindness.
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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
Daniel Burrus
AUGUST 30, 2023
We live in an amazingly uncertain world, but that uncertainty is brimming with certainty! I know this may seem contradictory, but it is true, and worth the exploration. Yes, we do live in constant uncertainty. What will happen with certain businesses or industries if the economy shifts, if technology disrupts, or if a new product or service falls flat?
Harvard Business Review
SEPTEMBER 1, 2023
Arthur C. Brooks is a bestselling author, Harvard University professor, and a widely read columnist for The Atlantic, whose writing draws from both science and philosophy and is aimed at providing insight and strategies on how we can live our best lives. He’s the co-author (with Oprah Winfrey) of the forthcoming book, Build the Life You Want: The Art and Science of Getting Happier, and he joined HBR editor Adi Ignatius for this episode of New World of Work to share insights in how to be happier
Innovation Excellence
AUGUST 30, 2023
GUEST POST from Geoffrey A. Moore A quote you often hear is, “Culture eats strategy for lunch,” typically attributed to Peter Drucker (whether correctly or not). Regardless, it puts a spotlight on the power of culture to resist even the most compelling strategic narratives.
Kainexus
AUGUST 31, 2023
Business process improvement entails a systematic and intentional endeavor to identify, scrutinize, and refine the distinct stages, techniques, and interactions intrinsic to a business process. Its fundamental objective is eradicating inefficiencies, eliminating errors, amplifying productivity, and ultimately elevating an organization's overall performance and outcomes.
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.
Innovating4Energy
AUGUST 31, 2023
For me, the Energy Transition is a complex, multi-headed beast that always provides more challenge rather than less. We seem to be faced with Hydra. The Hydra was Hercules’s second labour. He attempted to cut off the heads of the beast, but every time one was cut off, two more would grow back in its place. Another challenge in killing the Hydra was that its’ breath was poisonous to all who crossed its path.
Harvard Business Review
AUGUST 30, 2023
Companies often misunderstand the problem of users leaving their platforms. Disintermediation is a sign that your customers don’t think you are adding as much value as you think you are. Firms struggling with disintermediation can take simple steps to stop the bleeding before it’s too late — if they understand what’s really taking place. They should consider six factors: urgency, rake, risk, skill, frequency, and modularity.
Innovation Excellence
AUGUST 31, 2023
GUEST POST from Shep Hyken The short version of the story is this. At about 9:15 p.m., I pulled into one of my favorite fast-food restaurants. There was one customer ahead of me in the drive-through lane. I assumed he was placing an order. After several minutes, I realized something else was going on.
Kainexus
AUGUST 28, 2023
When leaders consider implementing a structured business process improvement methodology , one of the challenges they often face is explaining to employees what types of opportunities to consider. Usually, there are some apparent needs that people attack immediately. Still, once those are addressed, it can be challenging to recognize the flaws in processes, especially ones you operate every day.
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
Phil McKinney
AUGUST 27, 2023
In the fast-paced ideation and rapid prototyping world, having a reliable and efficient tool is paramount. Enter the Glowforge Plus 3D Laser Printer, a game-changer in laser printing. As an avid proponent of creative exploration, I recently purchased this printer for my grandson (rationalization 😉 for the spouse) so that I could test its capabilities for prototyping ideas that emerge from brainstorming sessions.
Harvard Business Review
AUGUST 29, 2023
The most effective approach to DEI is also the best for controlling legal risk: Focus your DEI program on interrupting the bias that’s constantly transmitted through basic business systems. This is how most corporate DEI programs, which typically focus on trainings and tweaks to organizational systems to level the playing field, already work.
Innovation Excellence
AUGUST 27, 2023
GUEST POST from David Burkus Teams are how work gets done most of the time. In a knowledge work economy, up to 85% of an average employee’s time is spent in collaboration with other people—on one team or on multiple teams. And that makes effective collaboration and good teamwork a top tier skill.
Ecosystems4Innovating
SEPTEMBER 1, 2023
The theory goes you identify an Ecosystem of like-minded businesses that share a common need to solve a vexing problem, challenge or concept. Then, one party sets up a platform or gains the agreement of one already available, a neutral platform, to use it. Hence, it has all the technology, governance and structure to enable the group to communicate, exchange and build the (emerging) solution to work and then have the structure for it to (rapidly) scale.
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