Sat.Apr 01, 2023 - Fri.Apr 07, 2023

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We require a more dynamic view of Innovation understanding.

Paul Hobcraft

So why is finding the right skills and competencies for innovation a real challenge but so essential? How do we know the critical skills, competencies and capabilities for innovation? Also, what are the additional dependencies for sustaining innovation capabilities that are becoming vital to understand so an organization can place the appropriate resources behind them, build upon a sustainable future and leverage these innovation dynamics?

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Revolutionize Your Business with the Agile Innovation Process – Here’s How

IdeaScale

As businesses face an ever-changing landscape, it's crucial to have an agile innovation process in place. This allows companies to adapt quickly to new opportunities and challenges, and stay ahead of the competition. In this blog, we'll explore how the agile innovation process can revolutionize your business, and provide five key steps to get started. [.

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15 Benefits of Standard Work

Kainexus

Taiichi Ohno, the father of the Toyota Production System, once said, “Without Standard Work, there is no Kaizen.” That’s a pretty bold statement, but when you think about the continuous improvement cycle, it makes a lot of sense. How can you move from the current state to the desired state if the current state is a moving target? Standard Work , which documents the current best practice for performing a task or process, and ensures that everyone is applying it, is a prerequisite for improvement.

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How Empathy Can Be Your Secret Weapon

Digital Tonto

Empathy, as powerful as it can potentially be, is widely misunderstood. It is often paired with compassion in the context of creating a more beneficial workplace. That is, of course, a reasonable and worthy objective, but the one-dimensional use of the term is misleading and limits its value. When seen only through the lens of making others more comfortable, empathy can seem like a “nice to have,” trait rather than a valuable competency and an important source of competitive advantage.

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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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How Has Innovation Changed Since the Pandemic?

Innovation Excellence

The Answer in Three Charts GUEST POST from Robyn Bolton “Everything changed since the pandemic.” At this point, my husband, a Navy veteran, is very likely to moo (yes, like a cow).

Change 82
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20 Ways to Make Your Meetings More Effective and More Fun.

Destination Innovation

Let’s face it. Meetings are unpopular. A study by Steven Rogelberg, of the University of North Carolina surveyed 182 senior managers in a range of industries: 65% said meetings keep them from completing their own work; 71% said meetings are unproductive and 64% said meetings come at the expense of deep thinking. We all know these frustrations because we encounter them every day at work.

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Cross-sector innovation ecosystem collaborations

Paul Hobcraft

Collaborations form the essence of discovery, relationships, innovation and new knowledge exchange. As we move increasingly towards more open innovation hubs and increased ecosystem management the recognition is that many of the challenges and problems have not just become too complex to tackle alone, or even in a single industry but require cross-sector innovation (ecosystem designed) collaboration (CSIC) in consortia-developed approaches.

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Unlocking success: The role of digital transformation in modern business

Collectivecamp

How companies operate has significantly changed over the last years due to digital transformation. Regardless of their size, digital transformation is imperative for all businesses.

Change 52
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Questions Are More Powerful Than We Think

Innovation Excellence

GUEST POST from Greg Satell When I was 27, I moved to Warsaw, Poland to work in the nascent media industry that was developing there. I had experience working in media in New York, so I was excited to share what I’d learned and was confident that my knowledge and expertise would be well received.

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ROI for innovation

Strategyzer Innovation

Here is a classic scene I have observed in many companies: Leslie, an innovation team lead, is pitching a project to the executive board. As required, he presents the business case for investing in the new offering and five-year projections for revenue growth and profits.

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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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Specific skills and toolkits are needed for cross-sector innovation ecosystem collaborations.

Paul Hobcraft

This month I am completing a series on cross-sector innovation ecosystem collaborations. This is the second post that I am sharing on both my dedicated ecosystem thinking site and also through my paul4innovating posting site , which has different audiences to discuss this with. For me, cross-sector collaborations are becoming essential to our future in tackling highly complex challenging issues that need collaborative resolution.

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Generative AI Has an Intellectual Property Problem

Harvard Business Review

Strategies to help companies mitigate the legal risk and ensure they’re in compliance with the law.

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Product vs. Project Managers

Sopheon

Product managers and project managers are two distinct roles. To launch new products successfully, they play a crucial role and must collaborate tightly. Product managers set the vision for the product, gather requirements and prioritize them, but it’s the project manager’s job to act upon this vision and make sure that it gets executed on time and within budget.

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3 main takeaways from the 2nd Summit for Democracy in the Republic of Korea

Christensen Institute

On March 30, 2023, I had the opportunity to attend the 2nd Summit for Democracy: Indo-Pacific Regional Meeting in Seoul. The summit focused on the Challenges and Progress in Addressing Corruption. I’d like to share three main takeaways from both my time in Seoul and at the summit. First, the Republic of Korea (popularly known as South Korea), is a remarkable country.

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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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Building A Positive Team Culture

Innovation Excellence

GUEST POST from David Burkus Teams are a central part of our work experience. Jobs that could have been solitary at one time or another happen more efficiently and at higher quality because we work in teams.

Culture 83
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Engaged Employees Create Better Customer Experiences

Harvard Business Review

Companies should find ways to connect employees and customers regardless of whether “customer service” is in their job description.

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What does Life Expectancy have to do with Business Longevity? Everything.

Daniel Burrus

Every year and in every way, I try to help create more Anticipatory Leaders and individuals working at Anticipatory Organizations as opposed to reactionary ones who quickly miss opportunities that are in plain sight. The major cornerstone to an Anticipatory mindset is my Hard Trend Methodology, where we discern between Hard Trend future certainties that are based on future facts that will happen and Soft Trends that are open to influence.

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My prepared remarks for the Technology and Anticorruption panel at the 2nd Summit for Democracy

Christensen Institute

On March 30, 2023, I participated in the Technology and Anti-Corruption panel at the 2nd Summit for Democracy: Indo-Pacific Regional Meeting in Seoul. The summit focused on the challenges and progress in addressing corruption. I prepared these remarks for the summit. Why do people hire corruption? In an attempt to solve any problem, we must first ask why the problem exists in the first place?

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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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What Have We Learned About Digital Transformation Thus Far?

Innovation Excellence

GUEST POST from Geoffrey A. Moore We are well into our first decade of digital transformation, with both the successes and the scars to show for it, and we can see there is a long way to go.

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Why Business Leaders Must Resist the Anti-ESG Movement

Harvard Business Review

Retreat isn’t just inadvisable; it’s dangerous.

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Experimenting with an "Audience View" for Webinar Presenters

Kainexus

Over the past decade, I've presented countless webinars in different settings, and I've hosted and moderated more than 100 for KaiNexus. For a long time, I've said that webinar presenting is the most difficult format and venue. You don't get the energy, body language, and feedback that you get from a room full of people. Everybody else is muted, so you don't get any laughter if you've made a joke, and cameras for attendees are turned off, so you don't see any nods.

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The solution to medical gaslighting lies beyond personal advocacy

Christensen Institute

Women are 33% more likely to see a doctor than men; but they are less likely to be taken seriously by doctors. For example: Women wait 29% longer than men to be seen by an ER for a possible heart attack, when presenting with chest pain; Women with acute abdominal pain are up to 25% less likely to be treated with powerful pain medications than men; Women experiencing symptoms of heart disease are more likely to be diagnosed with a psychiatric condition than heart disease—essentially being told th

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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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10 Days to Save on Charting Change

Innovation Excellence

Wow! Exciting news! From now until April 19, 2023 you can get my latest best-selling book Charting Change in hardcover for only $24.99 – plus FREE shipping! Sorry, unfortunately this sale doesn’t have a discount on the eBook, meaning the hardcover is temporarily cheaper.

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Research: How People Feel About Paying for Social Media

Harvard Business Review

A survey of U.S. residents asks whether new subscription services from Twitter, Facebook, Instagram, and Snapchat meet their expectations.

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Specific skills and toolkits are needed for cross-sector innovation ecosystem collaborations.

Ecosystems4Innovating

This month I am completing a series on cross-sector innovation ecosystem collaborations. This is the second post that I am sharing here on my dedicated ecosystem thinking site and also through my paul4innovating posting site , which has different audiences to discuss this with. For me, cross-sector collaborations are becoming essential to our future in tackling highly complex challenging issues that need collaborative resolution Cross-sector innovation ecosystem collaborations do have real diffe

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Quarterly Planning: A Guide With Best Practices (+ Free Template)

Cascade Strategy

Your quarterly plan is not just a piece of paper, but a crucial roadmap for executing your business strategies effectively. Without a solid quarterly plan, meeting management expectations becomes a game of chance.

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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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The Trust Network – Part Two

Innovation Excellence

GUEST POST from Mike Shipulski I stand by my statement that trust is the most important element in business (see The Trust Network.) The Trust Network are the group of people who get the work done. They don’t do the work to get promoted, they just do the work because they like doing the work.

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3 Ways Companies Get Customer Experience Wrong

Harvard Business Review

And how to address them before your competitors seize the opportunity.

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Creating a Digital Employee Experience Strategy: Key Components and Best Practices

Acuvate

In today’s highly tech-driven world, businesses have begun to recognize the importance of digital employee experience (DEX). Besides being beneficial to the organization, an engaging and satisfactory experience for employees is crucial to improve their productivity, engagement, and overall job satisfaction. A well-designed DEX strategy can help businesses create a single view of their entire organization, and enhance employee engagement, workplace technology, and productivity.

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9-Step Strategic Planning Process (+ Free Template)

Cascade Strategy

Tired of being stuck in a cycle of putting out fires and feeling like you're not using your resources effectively? It's time to take a step back and revamp your strategic planning process to ensure successful strategy execution.

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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.