Remove tag new-product-development
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Goodhart’s Law: When a target becomes its own enemy

Idea to Value

Soviet Union planners wanting to increase production of iron nails, so telling factories to produce as many nails as possible. Wells Fargo employees were under pressure to cross sell as many new accounts as possible. Goodhart’s Law: To meet their quotas, the employees just created new accounts without the customers knowing.

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Why corporate innovation is harder than a startup

Jeffrey Phillips

Both, if they are doing their job well, are creating new products and services that have value for customers or stakeholders. The source of that idea may be frustration with the way things work today, or an insight about new products or feature, or observation of an emerging market that has new and unmet needs.

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IdeaScale’s Open Nation 2019 Set to Inspire Innovation

IdeaScale

This year, focus areas are: Innovation metrics and tracking ROI Gaining leadership buy-in Developing innovation teams. Developing an effective innovation team takes time and money, and companies want a return on their investment. However, it’s hard to put a price tag on innovation, so how do you measure it? Thursday, Oct.

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Open innovation & crowdsourcing resources

Board of Innovation

Research & development platforms Innocentive – open innovation problem solving IdeaConnection – idea marketplace and problem-solving Yet2.com Table of contents A marker and a sheet of paper PowerPoint / Keynote Smartphone sketch templates Explainer video generators POP-app by Marvel Proto.io

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How to Package and Price Embedded Analytics

Just by embedding analytics, application owners can charge 24% more for their product. This framework explains how application enhancements can extend your product offerings. How much value could you add? Brought to you by Logi Analytics.

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How to Use Generative AI and LLMs to Improve Search

TechEmpower Innovation

With Generative AI and LLMs, new avenues for improving operational efficiency and user satisfaction are emerging every day. Enhancing Front-End Product Search We also developed a front-end search tool that revolutionized the way users search for products. cto , infotech , innovation , product , project , saas

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Imaginatik Releases Innovation Central Spring 2018 to Drive Front-Line Engagement

Imaginatik

New mobile experience makes ideation easy for employees across the enterprise. The most successful ideas are conceived and developed in the crucible of direct practice. Front-line employees work with customers, develop products, deliver services, and provide support, making their ideas invaluable.