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

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What it Takes to Achieve Operational Excellence

Kainexus

No executive in the world would turn down operational excellence if you handed it to them on a platter even if they don’t exactly know what it is. It just sounds like something awesome. But operational excellence isn’t like an hors d'oeuvre you can pluck off a tray. In order to be achieved, it must be clearly understood, injected into the culture, and supported with a methodology to guide decisions.

Culture 57
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How to run a corporate innovation accelerator?

Board of Innovation

Have you been thinking about running a corporate accelerator to boost innovation capabilities at your company? This might help you make your decision. The post How to run a corporate innovation accelerator? appeared first on Board of Innovation.

How To 112
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Get More Done – Interrupt Your Interruptions

The Human Factor

If you’re feeling the need for more peace and quiet these days, you’re not alone. One of the latest trends sweeping the business world is the “pod” – a small, free-standing soundproof space that can comfortably hold one or two people. If you look around, you’ll notice them sprouting up in offices, airports and other public places where people need temporary privacy from noise and other people. .

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Implementing Innovation in Chocolate – Production, Manufacturing, and Packaging

Yet2

At yet2 , we work on a variety of technology scouting projects , from anti-corrosive coatings for automobile applications, to researching the future of laundry in space amongst other topics. One of my favorite topics is innovation in food and beverages, particularly chocolate. This is a timely subject, since many of us are purchasing this delicious commodity for our friends, family, or significant others (or ourselves) for Valentine’s Day.

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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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At the digital transformation and innovation crossroads

Jeffrey Phillips

I went to a meeting about innovation earlier this week with a former client and a discussion about digital transformation broke out. It was both interesting and strange at the same time. Most corporations are struggling to comprehend the changes in front of them, but at the same time are so fixated on short term thinking that they struggle to see the tsunami that is emerging just over the horizon.

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Is your company just performing “Innovation Theatre”?

Idea to Value

Most companies say that they are investing in innovation. They will showcase large initiatives for gaining ideas and suggestions from across the organisation. They will point to their last brainstorming session and say how successful it was, how it produced hundreds of ideas (or at least post it notes). And they will proudly announce to their shareholders: Look at all the innovation we are doing!

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Transformation Is Always A Journey, Never A Destination

Digital Tonto

A leader's role is no longer simply to plan and direct action, but to inspire and empower belief. Related posts: How Experian’s Digital Transformation Brought Its Business To An Entirely New Level. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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Employee Innovation Survey- Results

IdeaSpies

Introduction. The purpose of the Survey was to determine if employees have a voice in helping their organisations succeed. Employee involvement in innovation was specifically researched. Innovation was defined simply as “implementation of ideas that add value”. Recommendations. Based on these results it is recommended that leaders of organisations: Acknowledge that innovation is necessary to grow businesses and employees are a key source of innovation.

Survey 98
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Top 9 Actionable Employee Engagement Ideas and Activities

Acuvate

In today’s competitive business world employee engagement is an essential element in creating a positive work culture and a productive workforce. Organizations with engaged employees perform better than those without by whopping 202%. This is the reason employee engagement gets top precedence in the workplace strategy. When employees feel engaged, appreciated and considered a part of something bigger than just a “job,” they feel happier and strive to be more productive.

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How to Measure the Success of Your Innovation Management Strategy

IdeaScale

Most of us have encountered a version of the saying, “You can’t improve what you don’t measure,” and it makes intuitive sense. Time itself creates points of comparison, whether you choose to evaluate them or not. Numbers don’t lie. Learn how to measure innovation success to improve the results of future innovation projects. Going forward on hunches, or feelings that a project is performing, is certainly possible, but it’s not wise.

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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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How Red Hat Helped Make Open Source A Global Phenomenon

Digital Tonto

Throughout its history, it's been able to continually adapt and scale its business model to a changing market Related posts: How Every Industry Can Learn From The Open Source Movement. The One Thing. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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8 Design Thinking Problems and How to Fix Them

Innovation Excellence

Design Thinking attempts to extract the mindset of a designer, an artist, a creator, or even a child into a series of steps that can be applied to any discipline (even business or politics) to solve human-centered problems. Its steps are so logical that we can’t imagine anyone opposing them. — Why wouldn’t you speak.

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1 Definition of Innovation & 4 Strategies to Achieve It

BrainZooming

What is your definition of innovation? An article in The Wall Street Journal about food companies innovating to raise prices features this definition of innovation from Kroger CEO Rodney McMullen: “Creating something I didn’t know I needed is innovation.”. We tell new product development leaders all the time that generating innovative ideas isn’t in any customer’s job description.

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6 Lessons from Our 2018 Innovation Management Award Winners

IdeaScale

IdeaScale recently announced the winners of our 2018 Innovation Management Awards. Queensland Police Service was recognized for Best Engagement Strategy, Covia won the award for Best Innovation Process, and the Transportation Research Board won for Best Innovation. Here are six lessons to take away from these winners. Queensland Police Service (QPS).

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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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Between The Top-Down and Bottom-Up Organization: The Power of Two-Way Dialogue

Tembosocial

Between The Top-Down and Bottom-Up Organization: The Power of Two-Way Dialogue. There’s a spirited debate between business strategists: can a company survive today’s Glass Door-reviewed, Youtube-recommended, five-star ranked marketplace with a traditional top-down organizational structure or does it need to go bottom up? At the heart of the argument is this fact: customer experience improves when a company’s employees are actively engaged at work.

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How Blockbuster, Kodak And Xerox Really Failed (It’s Not What You Think)

Innovation Excellence

Go to just about any conference today and you will hear a familiar tale of woe. A once great corporation, which had dominated its industry, fails to adapt and descends into irrelevance. The protagonists of these stories always come out looking more than a little bit silly, failing to recognize business trends that seem obvious.

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The Myth of the First-Mover Advantage: Why to be Smarter, Not Faster

New Markets Advisors

Companies today worry too much about being fast. They want to fail quickly, pivot, and be first to market with their new idea. They want to make sure that they’re in front of customers before their competitors. It makes sense. Why would anyone want to be late to the game when you’d just have to take on an entrenched competitor who already has name recognition and a host of other competitive advantages?

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R&D Labs Don’t Bring New Innovations to Market

Moves the Needle

Why do R&D labs succeed in creating new technology, but fail at bringing these innovations to market? R&D labs don’t bring new innovations to market typically because they are charged with inventing new technology, but not the commercialization of those inventions. However, innovation requires bringing inventions to market. Innovation requires creating value. 3 Reasons Why Inventions Don’t Get to Market Invention for the sake of invention may be beneficial, if it, for example, extends in

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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 Use Innovation Metrics

InnovationManagement

Last year, one of the most popular topics at the annual Open Nation innovation conference was metrics. How do you measure your innovation capabilities? How do you track your results from established programs?

How To 68
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Companies Are Failing To Get Value From Innovation

Innovation Excellence

Innovation is something that everyone says they want to do, but it seems increasingly clear that this desire is often rather superficial. For instance, recently I wrote about a new study from Harvard Business School showing that innovation is rarely a top priority for executives. Indeed, just 30% placed it in their top 3 issues.

Company 83
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First we take Manhattan…

Board of Innovation

Board of Innovation is getting ready to split up. Not in a “your favourite band is no longer” kind of way. We’re sticking together as a core group, just moving a few members to the US of A to take Board of innovation to a new level of entrepreneurism. That’s right. We’re gearing up to. Continue reading. The post First we take Manhattan… appeared first on Board of Innovation.

Groups 68
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Seven Facilitation Fails

Gregg Fraley

Facilitation of Innovation Meetings Requires a Highly Specific Set of Skills, Frameworks, Tools — and Experience. Professional Facilitation and/or Training Makes a Difference*. Seven Facilitation Fails. Innovation projects are about a lot of meetings. Meetings about getting a project mandate, visioning, what to innovate, how to innovate, challenges to take on, jobs to do, experiences to create, research exploration, insights development, problem framing and problem reframing, project road-

Meeting 67
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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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Why Your Company Should Have a Data Driven Culture

InnovationManagement

The Information Age has made way for several innovations across the business world. While the business industry—much like the American educational system—has been slow to the uptake of implementing technological advancements into their marketing and planning strategies, the 2020s herald a new age for the use of data and technological advancement in companies big and small. 2019 is a fantastic transition year for learning how to use big data in a big way.

Data 61
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Six Driving Forces of Innovation for 2019 and Beyond

Innovation Excellence

Each year I interview hundreds of business leaders about innovation in their companies, and their outlook on the future. One question almost always gets asked: “what’s keeping you up nights?” What I’m hearing of late is about the sudden rise in business uncertainty. Is the decade-long economic recovery about to end? Will the U.S. and.

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Does a strategic plan limit you?

Focused Momentum

The short answer? Yes. Is that a bad thing? No. Limitations can be a good thing. They can provide a healthy structure that improves responsiveness to change.

Change 60
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When Threatened, What Is Your Response?

helloFUTURE

As human beings, we have been designed to fear change – which is interesting, as all life is change. Aristotle equated time with change – if there is no change, time does not pass. A corollary: if time passes, life changes. To be prepared for life, no matter what black swans big or small come… The post When Threatened, What Is Your Response?

Design 55
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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 Best College Degree Programs to Consider for the Future

InnovationManagement

Choosing a college major is a big decision. You want to find a career that you’ll love, but you also want to earn a decent living. Well, you’re in luck! Several fields are in high-demand.

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It’s Time To Be Skeptical About The Lean Startup. Here’s Why:

Innovation Excellence

In 1997 Clayton Christensen published The Innovator’s Dilemma and it sparked a revolution. It seemed that for years all anyone could talk about was disruptive innovation. That was until Henry Chesbrough published Open Innovation in 2003 and that got hot. Then Stanford launched its d.school and design thinking was where it was at. Yet go.

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Who Owns Innovation?

Carla Johnson - Innovation

February 14, 2019 by Carla Johnson It’s not easy to create an innovation track record like Amazon or Google. But companies that hope to outperform their competitors and shake up their industries are pouring money into innovation programs – labs, hubs and design thinking tanks. But are they successful? Several years ago Booz & Co. (now part of PwC) conducted a Global.

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Disruptive Energy.

100%Open

While working as a journalist on World Coal magazine in the 1990s I was interviewing the president of a very large Canadian coal company who told me that in 10 years they would not be mining coal. Shocked by such a statement from a company head, I checked it was OK to print the quote. He said yes, we printed. By any measure, that was a disruptive statement.

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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.