Sat.Mar 30, 2024 - Fri.Apr 05, 2024

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The Innovation Enthusiasm Gap

Innovation Excellence

GUEST POST from Howard Tiersky Getting new innovations launched within companies of any significant size typically requires buy-in from a number of different people and groups around the organization.

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How Is AI Revolutionizing the Way Businesses Innovate?

HYPE Innovation

In a very short space of time, artificial intelligence (AI) has become way more than just a buzzword, with research highlighting that over 40% of business leaders are increasing their companies’ productivity using AI-driven automation tools.

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Leveraging Olympic Methods to Master Innovation Teamwork

IdeaScale

The roar of the crowd, the flash of gold medals, the collective gasp of a near miss – the Olympic Games ignite a passion for human potential unlike any other event.

Agile 130
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An innovation culture or a culture of continuity

Jeffrey Phillips

I've been reading and thinking a lot lately about what is described as a "culture of innovation". While I would like to think that such an animal exists, the more skeptical side of me doubts it. I think a culture of innovation is kind of like a unicorn: it would be cool if it existed, and some people claim to have seen one, but when you get up close it's just a normal animal that happens to be missing a horn.

Culture 252
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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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What is Fintech Innovation? Definition, Innovations in Fintech and How Valuable is Fintech Innovation

IdeaScale

What is Fintech Innovation? Fintech innovation is defined as the application of technology to disrupt, improve, or create new financial products, services, processes, or business models. The term "fintech" is a combination of "financial" and "technology," highlighting the intersection of these two domains to drive innovation and transformation within the financial industry.

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Pundits Love To Blame Bureaucracy. Here’s Why You Shouldn’t Listen To Them:

Digital Tonto

Over the past few decades pundits have become enamored by the change gospel. We’re told that we live in a VUCA world that is more volatile, uncertain, complex and ambiguous and therefore our only option is to disrupt the status quo, which is bureaucratic and bumbling. We need to move fast and break things. The simple fact is that it’s much easier to talk about genuine transformation than produce it.

Analysis 167

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Leading a Company That Can Thrive in a Chaotic World

Harvard Business Review

Worldwide, the past few years have been marked by multiple, intersecting crises — and things aren’t likely to get less complicated anytime soon. The authors met with a group of CEOs to discuss how they lead amid this ongoing chaos. To thrive in this chaotic new world, organizations need leaders with inner strength, character, and a moral compass. By continually adapting and learning, they’ll enable their organizations to navigate these ever-turbulent waters.

Company 142
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Digital Transformation in the Finance Industry

IdeaScale

In recent years, the finance industry has undergone a profound metamorphosis, catalyzed by the relentless wave of digital transformation. This paradigm shift has not only revolutionized the way financial services are delivered but has also fundamentally altered the landscape in which financial institutions operate.

Industry 130
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Emergent Leadership

Rmukesh Gupta

Leaders must adopt emergent leadership in a rapidly changing world with new workforce expectations, technological advancements, and increasing competition. Becoming intentional, aware, and capable of sense-making is key, alongside viewing actions as experiments and monitoring for unintended consequences, thus necessitating continuous dynamic adaptation and a cultural shift away from rigid planning towards empowerment and engagement.

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Unlocking Potential: How to Lead Culture Change for Greater Innovation and Business Growth

Leapfrogging

The Imperative of Culture Change Understanding the Stakes: Innovation and Business Growth Culture change within an organization is not just about altering the workplace environment; it is a strategic imperative. You need to understand that the stakes are high, as the right culture can drive innovation, enhance business growth, and ensure your organization remains competitive in a rapidly changing market.

Culture 130
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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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3 Career-Building Strategies for an Increasingly Complex World of Work

Harvard Business Review

Most workers used to have fixed roles within a hierarchical organization, but today the nature of work today is becoming fluid and dynamic. Project-based work and freelancing are increasingly common, and many roles are now defined by outcomes rather than hours spent at a desk. Success in this new work environment requires not only recognizing that this shift has taken place but also actively strategizing to leverage it to your advantage.

Strategy 137
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What is Financial Innovation? Definition, Examples, Strategies, and Emerging Technologies

IdeaScale

What is Financial Innovation? Financial innovation is defined as the development and application of new financial products, services, technologies, or processes to enhance efficiency, reduce risk, create value, or adapt to the changing requirements of consumers, enterprises, and financial entities.

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The Rule of Thirds

Rmukesh Gupta

In one of her interviews, Olympian, author and film maker Alexi Pappas shares what she learnt from her coach – The Rule of Thirds. According to the rule, if we are pursuing a worthy goal, a third of the time we are in pursuit we should feel great, a third of the time, we should feel ok and a third of the time we should feel bad. If the proportion of the time we feel great, ok and bad is around the same, we are on track.

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Mastering the Art: Using Organizational Culture for Business Agility and Resilience

Leapfrogging

The Power of Organizational Culture Organizational culture is the bedrock upon which companies build their strategies and operational approaches. It encompasses the values, beliefs, and behaviors that determine how a company’s employees and management interact and handle outside business transactions. Recognizing the profound effect of culture on every aspect of your organization is the first step toward leveraging it for business success.

Agile 130
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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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A Growth Strategy that Creates and Protects Value

Harvard Business Review

For organizations to truly innovate and grow, leaders in every role and at every organizational level must be attuned to how they are creating new value while simultaneously protecting existing value. Just as a soccer coach must simultaneously pursue both scoring and defending, leaders must constantly focus their attention on opportunities to create value — through innovation, risk-taking, and experimentation — and to protect value — by preserving and defending key aspects of their responsibilit

Strategy 141
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Innovation in the Middle East: Shaping the Future Landscape

IdeaScale

In recent years, the Middle East has emerged as a thriving hub of innovation, captivating the world with its bold strides in technology, entrepreneurship, and creativity.

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Cover versions, Sequels, Taylor Swift and Innovation

Innovation Excellence

GUEST POST from Pete Foley An inherent contradiction in almost any new innovation is that it needs to be both new, but also somewhat familiar. If it doesn’t offer anything new, there is little motivation for consumers to risk abandoning existing habits or preferences to try it.

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Elevate Your Strategy: Leading Executive Team Offsites for Business Success

Leapfrogging

Setting the Stage for Success In the ever-evolving business landscape, executive team offsites have become a cornerstone for strategic planning and decision-making. By stepping away from the daily operations, you and your leadership team can focus on long-term goals, team building, and innovative thinking. Importance of Executive Team Offsites Executive team offsites offer a unique opportunity to disconnect from routine pressures and foster a creative environment for high-level strategic discuss

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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 Address a Resume Gap When Switching Careers

Harvard Business Review

The prospect of a new career can hold a sense of excitement. But what should you do if your job search has become a disheartening slog and the gap on your resume just seems to be growing wider by the day? What can you do to protect your mental health and rekindle your optimism for the future? In this article, the author offers practical advice to help you navigate your career switch when you’re worried about a widening gap on your resume.

How To 137
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Unlocking the Growth and Success of Your Business with the Help of an Innovation Strategy Consultant

IdeaScale

In today's swiftly evolving market, innovation has emerged as a vital element for businesses aiming to thrive and achieve growth. To unlock growth and success, businesses need to incorporate an innovation strategy. This involves the creation and implementation of fresh ideas, products, and processes, enabling businesses to maintain a competitive edge.

Strategy 130
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Ten Customer Experience and Service Tips for 2024

Innovation Excellence

GUEST POST from Shep Hyken I want this year to be your best year ever for creating amazing customer service and experiences. And for everything else, too! But as it applies to the customer experience, I thought it would be fun to share some ideas we need to do more of.

Tips 93
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Crafting the Path to Success: Designing Leadership Team Offsites for Strategic Planning Triumph

Leapfrogging

Setting the Stage for Success Importance of Leadership Team Offsites Leadership team offsites play a pivotal role in shaping the future of an organization. By stepping away from daily operations, you and your team can focus on long-term goals, engage in deep discussions, and forge stronger bonds. These retreats are not merely a change of scenery but a strategic move to foster innovation and alignment among the top decision-makers of your company.

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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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How to Discuss the Undiscussables on Your Team

Harvard Business Review

Surfacing the undiscussables on your team may be uncomfortable, but it must be an ongoing campaign, or they will sneakily build up in the background and impact your employees’ morale. In this article, the author explains how to spot the classic signs of undiscussables — meetings marked by quick consensus, a lack of productive debate, or uneven participation — and offers strategies on how to uncover those unexpressed thoughts and feelings to help your team work more productively.

How To 136
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The latest for the Flops File – Zillow Offers

IdeaScale

It takes a special combination of ingredients to land in my “flops” file. You have to lose your parent company at least $50 million. You probably started out with big ambitious goals, all-at-once funding, leaders personally committed to a given approach and most of all, a boatload of assumptions relative to facts.

Company 100
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Zillow Co-Founder Shares a 'Misunderstood' Truth About Starting, Funding and Selling Your Company

Entrepreneur - Innovation

Now that he runs a venture fund himself, Spencer Rascoff is sitting on the other side of the table, and he sees what founders get wrong when pitching investors.

Company 98
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Supercharge Your Strategy: The Power of Facilitating Strategic Planning Offsites

Leapfrogging

The Importance of Strategic Planning Offsites Taking a step back from the day-to-day operations to focus on long-term goals is essential for any organization. Strategic planning offsites provide a unique opportunity to do just that. By facilitating strategic planning offsites, executives can harness the collective expertise of their team to forge a path toward sustained success.

Strategy 100
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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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Leading the 6-Generation Workforce

Harvard Business Review

Giving each generation — and, importantly, each individual — the opportunity to be seen, understood, valued, and leveraged in the workplace throughout the course of their career is essential for personal, social, and even societal well-being. This author offers five steps leaders can take to create healthy six-generation organizations.

Course 132
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The Rise of AI Education: Universities Embrace Bachelor’s Degrees in Artificial Intelligence

IdeaScale

In a groundbreaking move set to reshape the educational landscape, the University of Pennsylvania (UPenn) has announced plans to offer the first Ivy League undergraduate degree program in Artificial Intelligence (AI), commencing in the fall semester of 2024.

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Transformation is Human Not Digital

Innovation Excellence

GUEST POST from Greg Satell A decade ago, many still questioned the relevance of digital technology. While Internet penetration was already significant, e-commerce made up less than 6% of retail sales. Mobile and cloud computing were just getting started and artificial intelligence was still more science fiction than reality.

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Creating Roadmaps for Success: How to Design and Run a Strategic Planning Offsite

Leapfrogging

Setting the Stage for Success Strategic planning offsites can be pivotal moments for your company, shaping the trajectory of your business and setting the tone for future growth. By stepping away from the day-to-day operations and fostering a focused environment, your leadership team can craft innovative strategies and strengthen collaboration. Importance of Strategic Planning Offsites A strategic planning offsite is not just another meeting; it’s an investment in your organization’s

Roadmap 100
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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.