Sat.Oct 07, 2023 - Fri.Oct 13, 2023

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Thinking Like A Futurist

Innovation Excellence

GUEST POST from Ayelet Baron A CEO’s recent request for a workshop on Thinking Like a Futurist got me thinking. We all have the power to engage with the unknown and be active players in shaping our future.

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Navigating the ‘Now’ vs. ‘Next’ in a Rapidly Changing Business World

Daniel Burrus

Companies are founded with innovation. Smaller start-ups pop up because they have an idea that no one in the market has done before, or a way to improve the industry they enter. It is no secret that many new businesses do not last because they stick with that initial revolutionary idea, living in the present success they have found with no new ideas to bring to the table in this ever-changing world.

Change 96
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Disruptive Innovation: How to Be the Change You Want

Carla Johnson

October 10, 2023 Disruptive innovation is your guiding star to coming up with new, great, and reliable ideas. Everyone is capable of being an original thinker. You just need to be in the right environment. Too often organizations underestimate the power of their people, leaving the potential of problem-solving abilities in the dust.

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Innovating the future by combining humans, technology, and AI

Paul Hobcraft

The interplay potential in exploring the combination of humans, technology and AI This interplay between humans, technology, and AI is dynamic and involves continuous interaction, collaboration, and feedback between these elements. The future of innovation, by combining these, offers a very rich promise to provide a fascinating and different future.

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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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The Importance of Staying Scrappy in an AI-Driven Era

Tullio Siragusa

The Importance of Staying Scrappy in an AI-Driven Era In an age of rapid technological advancements, companies everywhere are embracing artificial intelligence (AI) and automation to modernize their operations. While there’s no denying the appeal of these advancements, there’s also tremendous value in the manual, old-fashioned approach to problem-solving and discovery.

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How to Use Generative AI and LLMs to Improve Search

TechEmpower Innovation

Artificial Intelligence (AI), and particularly Large Language Models (LLMs), have significantly transformed the search engine as we’ve known it. This presents businesses with an opportunity to enhance their search functionalities for both internal and external users. With Generative AI and LLMs, new avenues for improving operational efficiency and user satisfaction are emerging every day.

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5 Ways to Develop Talent for an Unpredictable Future

Harvard Business Review

We may not know what tomorrow’s jobs will look like, but we can safely assume that when people are more curious, emotionally intelligent, resilient, driven, and intelligent, they will generally be better equipped to learn what is needed to perform those jobs, and provide whatever human value technology cannot replace. Rather than betting on specialists or forcing people into specific niches, organizations need to focus on expanding people’s talents.

Learning 144
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These 4 Simple Rules WIll Make You Exponentially More Effective And Productive

Digital Tonto

Shortly after I first arrived at college, my wrestling coach told my teammates and I that we would all be attending a freshman technique camp. It turned out to be something quite different than what I had expected. He didn’t teach us any advanced or esoteric method, but instead demonstrated the basics. It was incredibly humbling. The fact that we were there in the first place, competing for a Division 1 program, meant that we had all demonstrated outstanding accomplishment.

Culture 164
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An Innovation Rant: Just Because You Can Doesn’t Mean You Should

Innovation Excellence

GUEST POST from Robyn Bolton Why are people so concerned about, afraid of, or resistant to new things? Innovation, by its very nature, is good. It is something new that creates value. Naturally, the answer has nothing to do with innovation. It has everything to do with how we experience it.

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What makes college ‘social capital machines’ for some, but not all, students

Christensen Institute

With college, the research suggests, comes connection. In recent years, multiple studies looking at economic mobility , friendship circles , and adults’ job, education, and housing networks , have revealed a consistent “connection premium” enjoyed by college grads. Most colleges aren’t shy about marketing themselves as hubs of connection. But if colleges care about equity and access, there’s a deeper question that college campuses should be asking about their students’ networks: Who is forming n

Analysis 115
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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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It’s Time to End the Battle Between Waterfall and Agile

Harvard Business Review

Too many project leaders think rigidly about Waterfall and Agile project management methodologies and believe that they need to choose between the two. But many projects — especially those with diverse stakeholder needs and complex structures — benefit from a hybrid approach that combines aspects of Waterfall and Agile. The rise of hybrid methods isn’t tied to a particular time or event; instead, they have evolved organically as a response to the needs of modern, complex projects.

Agile 143
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Helping Novelis Achieve Sustainable Innovation | Sopheon

Sopheon

The best chefs will tell you that a great meal isn’t salty, but salt is absolutely critical to bringing out the flavor a dish already has. At Sopheon, we like to think of our customers as the main course and our innovation management software, Accolade, as the seasoning. The brands we partner with already come to the table with a track record for innovation, and we just help to do it at scale—innovative flavor enhancement, if you will.

Software 106
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A New Innovation Sphere

Innovation Excellence

GUEST POST from Pete Foley I’m obsessed with the newly opened Sphere in Las Vegas as an example of Innovation. As I write this, U2 are preparing for their second show there, and Vegas is buzzing about the new innovation they are performing in. That in of itself is quite something.

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Is vertical integration the next value-based care?

Christensen Institute

You might be wondering what, exactly, I mean by this question. Value-based care has been the strategy of choice for health care’s new entrants over the past decade-plus. Not eager to be left behind, and given government incentives to provide this type of care, many incumbents have attempted to implement similar strategies—usually with limited success.

Strategy 111
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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 Types of Manipulators at Work

Harvard Business Review

Lots of variables influence our day-to-day decision making — though perhaps none more potently than the attitudes and preferences of other people. The human instinct to seek belonging with others helps us collaborate and build systems and societies. But it also gives ill-intentioned people an opening to mislead, lull, and even coerce us into serving their interests instead of our own.

Exercises 141
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These Co-Founders Who Bet Big on Foodies Raised $133 Million to Fund Their Innovative Idea — and It's Helping Restaurants Nationwide

Entrepreneur - Innovation

Vanessa and Joe Ariel envisioned a nationwide food delivery marketplace and co-founded Goldbelly in 2012. Read about the inspiration, journey and more, here.

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The Eureka Moment Fallacy

Innovation Excellence

GUEST POST from Greg Satell In 1928, Alexander Fleming arrived at his lab to find that a mysterious mold had contaminated his Petri dishes and was eradicating the bacteria colonies he was trying to grow. Intrigued, he decided to study the mold. That’s how Fleming came to be known as the discoverer of penicillin.

Study 109
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Mistakes from a Continuous Improvement Lens

Kainexus

Most of us have memories of playing the game of catch either as children or with our children. I really shouldn’t call it a “game” because there are no winners and losers. There is no defense because everyone is on the same side. One participant tries to deliver the ball to the other in a way that they will be able to grab and return it. The ability to catch and throw a ball is important because it is a foundation for success in many other, more complex sports.

LEAN 99
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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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When Confidence Helps Project Managers — and When It Gets Them into Trouble

Harvard Business Review

There’s a popular fallacy that encourages big-project managers to forge ahead as quickly as they can, on the basis that the payoffs will likely be bigger than they imagine. A careful empirical analysis of more than 2,000 big-project outcomes by the authors of this article, experts in project management and behavioral science, suggests that this is not the case — a Just-Do-It strategy ends badly 80% of the time.

Project 138
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KSA-Based HR Tech Platform Jisr Raises US$30 Million In The Middle East's Largest Series A Round For A SaaS Firm

Entrepreneur - Innovation

Launched in 2016, Jisr has ensured that over 3,000 clients have combined all their HR operations into its singular HR tech platform.

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What Company Do You See in the Mirror?

Innovation Excellence

GUEST POST from Mike Shipulski There are many types of companies, and it can be difficult to categorize them. And even within the company itself, there is disagreement about the company’s character.

Company 103
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Continuous Improvement With Lean Systems in Manufacturing | KaiNexus

Kainexus

Continuous improvement, often called Kaizen, is a fundamental concept in manufacturing that emphasizes the ongoing, incremental enhancement of processes, products, and operations. It involves a culture of constant vigilance for inefficiencies and a commitment to making minor, regular improvements. In manufacturing, continuous improvement is vital as it leads to increased productivity, higher product quality, reduced waste, and cost savings.

LEAN 98
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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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Is Your Team Caught in the Solution Fixation Trap?

Harvard Business Review

In the face of escalating complexities, organizations are increasingly relying on teams to tackle these intricate issues and drive pivotal organizational decisions. To extract maximum value from team dynamics, leaders must remain mindful of potential biases that may impact team dynamics and to actively steer and fine-tune team processes. Specifically, the authors urge leaders to address a decision-making bias they call the solution fixation trap, which emerges when a team rushes into discussing

Study 135
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The Power of Inclusivity in Strategy Creation

Strategos

In an ever-changing business environment, the organizations that innovate and thrive recognize the power of inclusivity and diversity. The need to harness this power during strategy creation has never been more critical. But what does that mean, and how does it work? Much has changed in the last three years, but much has returned to how things were before COVID-19.

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How to Create Energy with Customers (And Everyone Else)

Innovation Excellence

GUEST POST from Shep Hyken The heliotropic effect is the tendency for any living thing to be drawn toward energy. For example, if you put a plant on a windowsill, it will eventually lean toward the window where the sun comes in, soaking up those rays as the nourishment it needs to sustain its life.

LEAN 101
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Set SMART Goals for Quality Improvement to See Real Results

Kainexus

We all identify goals to improve ourselves in some way. Whether our goal is to eat better, exercise more, spend more time with our family, or increase our productivity, we all have something we're striving for. However, in too many instances, we lose sight of our goals and fall back to old behaviors and the same results. Continuous improvement is no different.

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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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3 Ways to Determine What Your Customer Really Values

Harvard Business Review

Companies often get into trouble because they make the wrong assumptions about what is valuable to stakeholders. A good way to avoid this trap is to reflect where your company sits on these three scales, which you should do in the order presented: commoditized vs. customized; rational vs. emotional; and assessable vs. unknowable.

Company 134
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Recognizing the integration challenges of Business Innovation Ecosystems

Ecosystems4Innovating

Integration Challenges are tough when you are building out anything new in structure, systems and approach; these changes are demanding. It is no different when approaching the design of Ecosystems: Ecosystems often involve integrating various technologies, systems, and platforms that must be designed to work together across multiple organizations. Ensuring seamless integration can be technically demanding as they must “speak” and exchange seamlessly to gain ongoing value and collect

ChatGPT 59
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Fall Sale on Charting Change

Innovation Excellence

Wow! Exciting news! My publisher is having a back to school sale that will allow you to get the hardcover or the digital version (eBook) of my latest best-selling book Charting Change for 40% off! Including FREE SHIPPING WORLDWIDE!

Change 97
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HUMAN CREATIVITY AND CREATIVE PROBLEM-SOLVING WITH GENERATIVE AI

ImagineNation

A recent McKinsey Leading Off – Essentials for leaders and those they lead email newsletter, referred to an article “The organization of the future: Enabled by gen AI, driven by people” which stated that digitization, automation, and AI will reshape whole industries and every enterprise. The article elaborated further by saying that, in terms of magnitude, the challenge is akin to coping with the large-scale shift from agricultural work to manufacturing that occurred in the early 20th century in

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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.