Sat.Apr 30, 2016 - Fri.May 06, 2016

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Treating Discovery Like Execution Will Kill Innovation

Tim Kastelle

“In the end, these projects are all business model problems.” That’s what I said to my friend Steve Adelman about the projects we collaborate on as part of the Wharton-UQ Global Consulting Practicum program. “Why aren’t they market entry problems?” he replied. I was stumped by his question for a couple of days.

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Rethinking the measuring of innovation

Paul Hobcraft

I’m a little tired of the lack of original thinking that goes into measuring innovation. Most trot out the same old chestnuts, including ‘return on investment’ as always, as near or at the top. Leaders want to hear this, the sad true is getting a ‘decent ROI’ for innovation constructed (note constructed) is really hard. If the innovation is new to the world, how can it have a clear financial return on investment until much later?

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Decisions, decisions…

Exago

Be it through team idea contests or widespread programmes, we are enthusiasts of innovation’s number one rule: Give your teams a voice. The post Decisions, decisions… appeared first on www.exago.com.

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Announcing the BRAIN GAME Column, Inc. Magazine

Matthew May

Recently I accepted an invitation from Inc. magazine to be a columnist for their Innovate channel. The column will be called (appropriately, given my new book) BRAIN GAME. It will focus on the nexus of neuropsychology and business, applying the latest insights from neuroscience and psychology to business. Inc. has a massive audience, and it’s the kind of mass appeal platform I’ve been wanting for some time.

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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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The Case for Dual Innovation

Tim Kastelle

The first time I was advocating the idea of a dual innovation approach, here also referred to as organizational ambidexterity, is now more than 5 years ago. At this time it became pretty obvious to me that this concept – academically worn-out but deficiently or not at all put into practice in most organizations – would be of increasing importance in the time to come.

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Never stop investing in yourself. It’s vital for staying creative

Idea to Value

A more personal post from me this week, as I recently had a bit of a milestone in my business. But it teaches an important lesson about staying creative. It’s important to keep investing in yourself throughout your lifetime. And by investing in yourself, I mean continuing to gain new knowledge and experiences, both directly related to the work you do and those outside of your domain.

More Trending

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Nine Ways to Play at Work

Gregg Fraley

Nine Ways to Play At Work (see list below). The idea that one should invoke a sense of play around challenges is not a new one. Tim Brown of IDEO did that great TED speech on play , and there have been several more TED play-centric talks ( Stuart Brown , John Cohn, Sue Palmer) all variations on the theme. Sunni Brown’s talk on Doodling is a personal favorite because she gets specific about how one can begin to be more creatively playful with problem solving.

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Creative Thinking – 31 Excuses Why a Creative Outlet Isn’t Working

BrainZooming

Ever felt as if your main creative outlet just isn’t working anymore ? I’m going through that with writing. I’m WAY off my creative thinking game when it comes to putting pen to paper and fingers to keyboard. I have some ideas why this is the case, and have been trying to document the reasons my go-to creative outlet isn’t working right now. 31 Excuses Why a Creative Outlet Isn’t Working.

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How is German Beer made?

Idea to Value

The cleanest tasting, highest quality beer in the world has to be from Germany. [Editor’s note: Ok, perhaps I am a bit biased]. In today’s Curiosity Sparks episode, we’re going to look at how beer (and German Beer in particular) is produced. Learning new knowledge about how the world works, especially of industries outside of your expertise, has been scientifically shown to help your brain become better at forming new associations between ideas and helping you become more cre

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The Problems Of Progress

Digital Tonto

The toughest problems we’ll have to face in the future will come from the unintended consequences of advances we make today. Related posts: Moore’s Law Will Soon End, But Progress. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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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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30 Academic Resources on Learning – for Educators and Innovators

Innovation Excellence

Many of us read blogs about learning and discuss the learning process with our colleagues, but few of us actually bother keeping up with the latest science. Maybe it’s because, if we do manage to identify a source or two, we are immediately turned off by all the dense scientific jargon. Or maybe it’s not always clear which resources provide information specifically on learning and not just education in general.

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Creative Thinking Skills – A Simple Way to Boost Creativity

BrainZooming

We were working with a client and sharing the value of our extreme creativity strategic exercises to boost creative thinking skills. We love extreme creativity questions because they provide an opportunity to push strategic thinking into bigger and bolder areas than an individual or group would envision by simply asking, “What are new and different things we could do?

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Do 80% of new businesses really fail? Not even close

Idea to Value

One of the biggest hindrances preventing aspiring entrepreneurs from turning their ideas into a business is the myth that their company is destined to fail. People are quick to quote statistics about how many businesses go under before they’ve had a chance to make a profit, which can scare not only the entrepreneurs themselves, but their families as well.

Training 100
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Outmaneuver: Out Think, Don't OutSpend

Innovation in Practice

Look at any industry, in any market, and you’ll find the same strategy playing out everywhere. Companies compete with one another in a mindless race to the bottom, matching products and services feature for feature, competing primarily on price. This commoditizes markets and drives down prices and margins. But ultimately, no one wins—not even the consumer--as quality, service and differentiation suffer.

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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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Toward a Better Definition of Innovation

Innovation Excellence

In innovation, the process equals New Value Creation. This process of creation is non-linear, even iterative, insights-based, and way-finding, a process of discovery, not optimization. Sometimes, it can be like playing the children’s game Chutes and Ladders.

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Innovation Strategy – Chat with Brainzooming on Social Jack TV™, Tuesday, May 3rd

BrainZooming

This Tuesday, May 3, 2016, at 1 pm CDT (US) I’ll be appearing on Social Jack TV™ with host Dean DeLisle talking about Taking the NO Out of InNOvation. Whether personally or organizationally, the desire to be more innovative can run straight into all kinds of barriers, brick walls, and booby traps. Using even just a few smart tools and techniques, however, you can eliminate these NO’s to a successful innovation strategy and move yourself and your organization to innovative ideas setti

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The Unknown Is Not Uncertain

Bill Fischer

The robotization of professional services. The introduction of blockchain thinking to more and more industries. Access to truly Big Data. The colonization of Space. Life after streaming music. The significant extension of human life-spans. What happens next? In each case, we know that some reasonable realization of each of these phenomena [.

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6 Innovation Takeaways from Spigit’s 2016 Ignite Summit

Planview

Last week the 2016 Ignite Summit took over San Francisco. And it was amazing. From the inspiring sessions led by industry leaders to the thought-provoking discussions during breaks, you couldn’t help but feel the energy flowing throughout the conference venue. The best part about Ignite? All the useful information and actionable advice that came out of each session.

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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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Top 20 Innovation Articles of April 2016

Innovation Excellence

Drum roll please. At the beginning of each month we will profile the twenty posts from the previous month that generated the most traffic to Innovation Excellence. We also publish a weekly Top 10 as part of our free Innovation Excellence Weekly magazine and email newsletter. Did your favorite make the cut?

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Strategic Thinking – 16 Ideas for Creating an Entrepreneurial Environment Inside Your Company

BrainZooming

At the 2016 Brand Strategy Conference, Antonia Dean, Director – Marketing, Brand Development, & Strategy at The Estée Lauder Companies covered the strategic thinking ideas behind creating an entrepreneurial environment in a large company. In her role, Antonia Dean focuses on incubating acquisitions and top-secret new product concepts. The charge for Dean’s organization at ELC Ventures is to develop ideas to shake up Estee Lauder and the cosmetics industry.

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The Unknown Is Not Uncertain

Bill Fischer

The robotization of professional services. The introduction of blockchain thinking to more and more industries. Access to truly Big Data. The colonization of Space. Life after streaming music. The significant extension of human life-spans. What happens next? In each case, we know that some reasonable realization of each of these phenomena [.

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The Rule of One

Rmukesh Gupta

I reached home late yesterday. My son was waiting for me to come home so he can show off what he did the day and spend sometime with me, playing and simply chilling. I was tired and so distracted. While I was talking to him, I was also distracted and not fully with him. He was able to sense that and tell me to stop everything and be with him for sometime.

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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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Six Levers for Solving the Corporate Innovation Problem™ – Part 1

Innovation Excellence

Despite large and growing investments in innovation, results remain disappointing. We call this "The corporate innovation problem”, and in a 3-part article series, we dig deeper into this problem and find that there are actually two root causes for it. We focus on one of the root causes – the “system problem” – and work out six levers of improvement.

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Why Reputation, Credibility and Trust Are the Currency in the Sharing Economy

Daniel Burrus

The rise of social media has led to us becoming our very own PR manager. There is an increasing pressure to manage our online reputation with a lot of new and useful smartphone apps that give us a rating for how we behave in public or online. Uber, eBay and Airbnb are just a few examples of how the new currency in this sharing economy is good old-fashioned reputation, credibility and trust.

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Crowdsourcing Campaign to Expand Product Line

IdeaConnection

Clothing manufacturer American Apparel is turning to crowdsourcing to expand its line of wares and boost its sales. The company has launched its Made In campaign, an open call to small businesses for ideas and proposals that American Apparel can purchase. To submit a proposal, interested parties have to pitch their products in 60-second videos. There are a number of stipulations for those who want a piece of the action: the products have to be made in the USA, sell for less than $100 and vendor

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Work Smart #36 – CEO of Assist, Shane Mac

Getspeakup

“Insane simplicity” Listen in to our chat with Shane Mac, Co-founder & CEO of Assist, investor, advisor, musician and all around interesting guy. -Shane’s best work smart tip: team to-do lists. -How bots are going to change the nature of work. -How to unleash your team’s (and your own) potential. -The importance of being frugal in a new company.

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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.

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DisrupTV: an innovation conversation with Deb Mills-Scofield, Paul Daugherty and Esteban Kolsky

Innovation Excellence

DisruptTV hosts chat it up with Deborah Mills-Scofield (VC, Professor and Entrepreneur), Paul Daugherty (CTO of Accenture), and Esteban Kolsky, (Principal and Founder of ThinkJar). A lively and über-intelligent conversation that's not to be missed.

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Management Innovation:  Busting Bureaucracy

Strategos

Management Innovation. As most of you know, Gary Hamel, was one of the founders of Strategos back in 1995. In recent years, his focus has been on Management Innovation – innovating the processes and practices that are used to direct and coordinate the activities of individuals and teams. While most of the client work that Strategos does is aimed at business model innovation, in recent years we have developed a principle-based approach to Management Innovation (see Mercy Salaz’s blog, Scope Cre

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6 Innovation Takeaways from Spigit’s 2016 Ignite Summit

Planview

Last week the 2016 Ignite Summit took over San Francisco. And it was amazing. From the inspiring sessions led by industry leaders to the thought-provoking discussions during breaks, you couldn’t help but feel the energy flowing throughout the conference venue. The best part about Ignite? All the useful information and actionable advice that came out of each session.

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The Best Among What I Read – 3rd May 2016

Rmukesh Gupta

Will Smell Ever Come to Smartphones : This Is How To Boost Emotional Resilience: 10 Research-Backed Secrets : 5 Questions To Consider Before Spending Your Marketing Budget. Inside the mind of a master procrastinator (TED Talk – Video). Isaac Asimov Asks, “How Do People Get New Ideas?”.

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Reimagined: Building Products with Generative AI

“Reimagined: Building Products with Generative AI” is an extensive guide for integrating generative AI into product strategy and careers featuring over 150 real-world examples, 30 case studies, and 20+ frameworks, and endorsed by over 20 leading AI and product executives, inventors, entrepreneurs, and researchers.