Sat.Mar 09, 2019 - Fri.Mar 15, 2019

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I'm running for the presidency of Innovation

Jeffrey Phillips

I thought - why not? Everyone else is running, so why be left out in the cold? If the governor of Washington State can run on the single plank of climate change, if senators who have barely introduced themselves to their colleagues can run, if a west Texas Irishman named Beto can consider running, then so can I. Of course my candidacy will be strictly tongue in cheek, and really meant to frame a more interesting question - where does innovation stand in all of this?

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Centralizing vs. Decentralizing Innovation

Integrative Innovation

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Calculating the ROI for Your Idea Management System Launch

IdeaScale

How is your idea management software performing? How do you measure the intangible? This is a particular struggle for innovation departments and committees launching an idea management system, who often need to come up with KPIs and metrics to explain what they’re doing and how it benefits the company. Here’s how to find the right way to measure the ROI of launching an idea management system.

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Bypass the Naysayers

Destination Innovation

Mickey Schulhof’s parents, both Jews, fled Hitler’s Europe in 1939 and settled in Long Island. Mickey was a brilliant student and gained a doctorate in physics from Brandeis University in 1970 before joining CBS to work in their music records division. In 1974 he joined Sony and rapidly rose up the ranks becoming vice-chairman of Sony USA and then the first American to become a board member of a major Japanese company.

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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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Lesson 10 from true innovation managers: implementation makes it all worth it

Exago

To mark Exago's 11th anniversary, we have put together pieces of wisdom from our clients, innovation managers, to truly bring innovation together. This is lesson 10. The post Lesson 10 from true innovation managers: implementation makes it all worth it appeared first on Exago.

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Before You Set Out to Transform Your Organization, You First Need to Build Trust

Digital Tonto

Trust empowers an organization because it demands that stakeholders are not merely treated as means to an end, but ends in themselves Related posts: How To Build Trust, Even With Your Enemies. How. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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Try this Brainstorm Method – The Contradictory Innovation

Destination Innovation

Image by OpenClipart-Vectors from Pixabay. Consider for a moment these self-contradictory innovations: The solar-powered torch (flashlight). The inflatable dartboard. The underwater hairdryer. The waterproof teabag. The concrete liferaft. At first sight they look silly but each contains the germ of an interesting idea. You can charge up a solar-powered torch in daylight and then take it into a cave.

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Building the future of innovation through tech

Board of Innovation

We're using the most cutting-edge technology to innovate innovation. Here's how we're embracing machine learning, one digital tool at a time. The post Building the future of innovation through tech appeared first on Board of Innovation.

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IBM Is Building A Network To Drive The Future Of Quantum Computing

Digital Tonto

In the quantum era, collaboration is increasingly becoming a competitive advantage. Related posts: The Very Strange—And Fascinating— Ideas Behind Quantum Computing. Here’s What Our Quantum Future. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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How to Create Clarity of Purpose in an Innovative Environment

IdeaScale

Innovation is sometimes at odds with what many managers want, which is to improve the efficiency with which current processes operate. Innovation takes a different approach than finding efficiency improvements. While innovation can and should improve efficiency, it often steps outside “how it’s done” to develop new ways of thinking and doing. When a company or other organization has a clear purpose, it’s easier to accept innovation.

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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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Happiness Is Key to the Success of Your Business

Tullio Siragusa

Happiness Is Key to the Success of Your Business. Productivity enhances a person’s sense of self-worth, self-esteem, accomplishment and need to make a difference. Being productive isn’t just about getting things done, it is an essential human need, which fulfills our desire to be co-creators of the reality around us. The ability to co-create in turn enables one’s happiness, and happiness attracts success in every aspect of life, including wealth.

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How not to fall in love with your prototype

Board of Innovation

Prototypes are disposable. Build it just good enough to learn, frame and test user behaviours, and move on. Here's what most people get wrong about prototyping, and our advice and tips on how to get it right. The post How not to fall in love with your prototype appeared first on Board of Innovation.

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The Journey Toward Performance Excellence

Kainexus

The urgency to improve organizational performance is at an all-time high. Today’s customers expect more value for every dollar, knowledgeable employees are difficult to find and retain, competition is fierce, technology and data grow increasingly complex, and business models evolve ever more quickly. Given all of that and the complexity of modern organizations, a scatter-shot approach to improvement is not enough.

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6 simple points to address in a startup

IdeaSpies

When you are starting a business you will experience many difficulties and stressful times, as well as fun. You can overcome difficulties if you address some crucial points right at the beginning of the business. Given below are points that, if you follow them properly, can help in laying a solid foundation for the startup. Understand your idea. This sounds obvious as you can never start a business without an idea or a vision.

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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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5 Reasons Why Innovation Fails

Innovation Excellence

Today, many corporations are doing startup calls, setting up company accelerators, intrapreneurship programs, tech scouting, hackathons and datathons. However, despite these efforts, many companies still do not achieve innovation results. Getting innovation results is somewhat difficult, but keeping innovation going is even harder.

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Strategic foresight: learning from Steve Jobs

Norbert Bol

Steve Jobs is often described as a visionary who was willing to take actions that reshaped a range of industries such as software, computers, cloud computing, tablet computing, cellphones, music, TV and movies. The combination of vision and taking appropriate actions made him a great example of a discipline which is called strategic foresight. This discipline includes all activities related to forecasting, scenario analysis, action planning and decision making about strategy.

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“Lean Startup, or Business Model Design, or Design Thinking?” is the Wrong Question

Leanstack

In order to achieve breakthrough innovation, you shouldn’t be limiting yourself to any one of these frameworks, but rather using all three…and possibly more. The bigger context You don’t get a gold star for following process, but achieving results?—?specifically, business model results. What is a business model? A business model describes 3 things: value creation, value delivery, and value capture.

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Innovation Assessment: Is Your Company Lagging Behind?

Moves the Needle

Transforming your organization such that it is continuously innovating -- continuously looking for ways to improve existing products, finding new growth opportunities or reinventing the future -- is a long, difficult journey. Like all business initiatives, enterprise transformation should be driven by a company’s vision and corporate strategy. To complete the journey, people must know where they’re going, why they’re going there, and how they’re going to get there.

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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 Amazon Innovates

Innovation Excellence

In 2014, Stephenie Landry was finishing up her one-year stint as Technical Advisor to Jeff Wilke, who oversees Amazon’s worldwide consumer business, which is a mentor program that allows high potential executives to shadow a senior leader and learn first-hand. Her next assignment would define her career. At most companies, an up-and-comer like Stephenie might.

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Is it Intrapreneurship or Innovation?

InnovationManagement

Intrapreneurship and innovation are intrinsically linked ideas when you’re talking about corporate innovation programs. Whether you’re calling it a corporate accelerator, an organizational incubator, an innovation management program, you’re relying on the thinkers, creators and mobilizers to share their inspiration and find ways to integrate that value into your organization.

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How Chatbots Can Help Create A Culture of Analytics in your organization

Acuvate

Introduction. We currently live in an era where data is the oil that drives businesses of all sizes. Having data insights gives organizations a competitive edge and helps make well-informed decisions. Businesses today aggregate large sums of data involving customer profiles, sales and marketing statistics, financial metrics etc. in order to derive business insights from it.

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How to use AI in E-commerce

IdeaSpies

Do you run an e-commerce store that sells fast moving products or services? Well, if you do, then you are lucky. Research by Statistica shows that in 2018, total e-commerce sales hit $2.8 trillion. It is expected that this figure will significantly increase in 2019, and might hit $4.88 trillion by 2021. This means that, if you do everything right and reach a wider target market, your business will grow tremendously.

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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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Here’s How Investors Are Adapting To The New Era Of Innovation

Innovation Excellence

In recent decades, innovation has become almost synonymous with digital technology. That wasn’t always true, of course. Long before the microchip was invented, we built an industrial economy based on electricity and internal combustion, harnessed the power of the atom and developed life-saving cures. Nevertheless, lately everything seems to be digital.

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Why Do Startups Fail?

Rmukesh Gupta

Premise: There has been enough written about startups and reasons why almost all of them fail. So, why write another post about this? Even though there is no dearth of resources (blogs, videos, books, stories, etc) on reasons why startups fail and how to avoid them, I don’t see any reduction in the failure rates of startups; I don’t see them learning from the mistakes of other failed startups; I don’t see them focus on the right things that can help them avoid failure.

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Using Mobile Apps to Transform Business Processes

Daniel Burrus

As our need for just-in-time information flourishes, our reliance on traditional technological processes has decreased significantly. The shift from personal computers to mobile devices has picked up now more than ever. It is difficult to determine whether stationary computers will vanish into obscurity; however, there is no doubt that mobile devices are here to stay.

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4 ways to avoid burnout in small business

IdeaSpies

How many cups of coffee do you need to get through your workday? If the answer seems to keep climbing, while your energy levels only drop, you might be suffering from burnout. Burnout in leaders and small business owners is incredibly common due to the long hours and high-stakes decisions required to run your own business. Given the effect that burnout can have, it’s important to take steps to mitigate it to ensure the health of both you and your business.

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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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Why Google Can No Longer Innovate – According to a 13-Year Veteran

Innovation Excellence

Four lessons that are at the core of why so many successful businesses eventually fail. Steve Yegge strapped on his parachute and jumped out of a perfectly good airplane, in fact, by any measure, it was not only safe but one of the world’s most successful and invincible planes. OK, he didn’t really go skydiving.

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Does Customer Centric Design Thinking Impede Innovation?

helloFUTURE

I think it was Steve Jobs who famously stated something to the effect that customers didn’t know what they wanted, so he had to come up with it for them. Interestingly enough, that’s when Apple was at its most innovative, secretly putting products like the iPhone together with very little customer input, and then releasing… The post Does Customer Centric Design Thinking Impede Innovation?

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Attracting quality talent through hackathons

hackerearth

This post was originally published on The HR Agenda Magazine’s blog on March 1st, 2019. Hackathons are a logical solution to addressing the unique challenges of hiring the ever-elusive top tech talent. Talent acquisition has been the biggest concerns for the C-suite year after year. According to the latest PWC survey, 63 percent of the CEOs are increasingly concerned about finding talent with the right skills.

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How to use AI in E-commerce

IdeaSpies

Do you run an e-commerce store that sells fast moving products or services? Well, if you do, then you are lucky. Research by Statistica shows that in 2018, total e-commerce sales hit $2.8 trillion. It is expected that this figure will significantly increase in 2019, and might hit $4.88 trillion by 2021. This means that, if you do everything right and reach a wider target market, your business will grow tremendously.

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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.