April, 2024

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What is the Decision-Making Process? Definition, Steps, Examples, and Ethical Process

IdeaScale

What is the Decision-Making Process? The decision-making process is defined as a systematic approach to making choices or selecting a course of action among several alternatives. It involves several steps, which can vary depending on the context, complexity, and significance of the decision.

Examples 246
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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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Why The Right Way Is Usually The Hard Way

Digital Tonto

One of the things that I’ve learned in over two decades researching innovation, transformation and change is that things that change the world always arrive out of context, for the simple reason that the world hasn’t changed yet. Ideas start out feeble, weak and alone. They need ecosystems to make an impact on the world. Einstein's ideas about relativity started out as a boyhood dream about riding on a bolt of light.

Change 161
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Empower Your Team: Keynote Speakers for Inspiring Team Innovation

Leapfrogging

The Power of Team Innovation Keynote Speakers Keynote speakers hold a pivotal role in setting the tone and driving the theme of corporate events, conferences, and leadership programs. Their impact can often extend beyond the event, influencing long-term team dynamics and innovation. Importance of Keynote Speakers in Team Innovation Harnessing the collective creative power of a team is essential for innovation and growth within any organization.

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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 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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Why Engineers Should Study Philosophy

Harvard Business Review

The ability to develop crisp mental models around the problems you want to solve and understanding the why before you start working on the how is an increasingly critical skill, especially in the age of AI. Coding is one of the things AI does best and its capabilities are quickly improving. However, there’s a catch: Code created by an AI can be syntactically and semantically correct but not functionally correct.

Study 136

More Trending

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Enhancing child and family well-being using Family Resource Centers

Christensen Institute

In our latest report, “ From child welfare to well-being: A blueprint for CBOs and government agencies ,” we unveil the business models that enable prevention-oriented CBOs and prevention-enabling government agencies to enhance child and family well-being. The report highlights innovators in the field, including deep dive case studies that highlight what separates new approaches from traditional models.

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Change Always Involves Strategic Conflict. Here’s How You Build Strategies To Win:

Digital Tonto

The biggest misconception about change is that once people understand it, they will embrace it. That’s almost never true. If you intend to influence an entire organization, you have to assume the deck is stacked against you. You not only need to build support for an alternative vision of the future, you have to undermine the forces supporting the status quo.

Strategy 154
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Powering Up Your Strategy: Success Factors for Executive Team Offsites

Leapfrogging

In today’s fast-paced business environment, crafting and leading an effective executive team offsite has emerged as a pivotal strategy for fostering alignment, stimulating innovation, and bolstering organizational resilience. These carefully curated retreats offer more than just a change of scenery; they provide a unique opportunity for senior leaders to step back from daily operations, recalibrate strategies, and strengthen the interpersonal bonds that are critical for cohesive decision-m

Strategy 130
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Managing Product Portfolios with AI | Sopheon

Sopheon

InnovationOps is the way of the future for any organization intent on efficient, repeatable and scalable innovation. By bringing together culture, ways of working, people and products, companies can operationalize innovation and bring every team member together under an overarching goal.

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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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6 Common Leadership Styles — and How to Decide Which to Use When

Harvard Business Review

Research suggests that the most effective leaders adapt their style to different circumstances — be it a change in setting, a shift in organizational dynamics, or a turn in the business cycle. But what if you feel like you’re not equipped to take on a new and different leadership style — let alone more than one? In this article, the author outlines the six leadership styles Daniel Goleman first introduced in his 2000 HBR article, “Leadership That Gets Results,” and explains when to use each one.

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Experiential Learning and Intrinsic Motivation

IdeaScale

In the vast and varied world of STEM – spanning from the wonders of space exploration and computer software intricacies to the marvels of constructing skyscrapers and unlocking the secrets of atoms - lies a hidden wellspring of talent: autistic individuals.

Learning 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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The Collective Growth Mindset

Innovation Excellence

GUEST POST from Stefan Lindegaard What makes a team great? It’s a loaded question. Let’s dive in: you’re a team player, yes? But does your team prioritize collective growth and psychological safety? If so, there’s always room for further enhancement. Here’s my perspective, based on interacting with teams globally: 1.

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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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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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Market creation as a catalyst for inclusive growth and prosperity

Christensen Institute

There is nothing automatic about the “progress” part of technological progress. – Daron Acemoglu and Simon Johnson, Power and Progress: Our 1,000-Year Struggle Over Technology and Prosperity In their book, Power and Progress: Our 1,000-Year Struggle Over Technology and Prosperity , Daron Acemoglu and Simon Johnson provide compelling evidence that the path from an invention to inclusive prosperity is rarely straightforward.

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4 Reasons Why Managers Fail

Harvard Business Review

Gartner research has found that managers today are accountable for 51% more responsibilities than they can effectively manage — and they’re starting to buckle under the pressure: 54% are suffering from work-induced stress and fatigue, and 44% are struggling to provide personalized support to their direct reports. Ultimately, one in five managers said they would prefer not being people managers given a choice.

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Revolutionizing Innovative Sustainable Solutions Will Change the Way We Live

IdeaScale

As the world continues to grapple with the realities of climate change, there is a growing need for innovative and sustainable solutions. This is not just a moral imperative, but a practical necessity for our collective survival.

Change 130
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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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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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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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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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Embracing the Future: Fractional Executives and Generative AI

Tullio Siragusa

Embracing the Future: Fractional Executives and Generative AI The concept of fractional executives has emerged as a game-changer for companies of all sizes. Fractional executives are seasoned professionals who offer their expertise to multiple organizations on a part-time or project basis, allowing businesses to access high-level skills without the full-time expense.

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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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5 Well-Intentioned Behaviors That Can Hurt Your Team

Harvard Business Review

Most people can spot a toxic leader and connect the dots on why and how they are causing damage. But it’s much harder to recognize when well-intentioned leaders are actually hurting their teams because they aren’t aware of their negative impact, and team members aren’t always comfortable pushing back. If you’re a manager with a strong desire to be helpful to your team, be aware of these five common ways you may inadvertently hurt them despite your best intentions.

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What is Business Process Mapping? Definition, Examples, and Sample

IdeaScale

What is Business Process Mapping? Business process mapping is defined as the activity of creating visual representations that outline the steps, activities, and interactions involved in completing a specific business process or workflow.

Examples 130
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How Corporate 'Intrapreneurs' Can Harness the Power of AI to Transform Their Businesses and Supercharge Their Careers

Entrepreneur - Innovation

Corporate intrapreneurs are uniquely positioned to lead the charge in harnessing the transformative power of artificial intelligence within their organizations. Here is how and why.

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24 Customer Experience Mistakes to Stop in 2024

Innovation Excellence

GUEST POST from Shep Hyken My friend and fellow Customer Experience (CX) expert Brittany Hodak and I recently began a 52-week series for 2024 titled Shep and Brittany’s Super Amazing Show. In the second episode, rather than talk about what to do in 2024, we shared several tips on what not to do.

Tips 95
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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.

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Driving Innovation: Proven Strategies for Fostering Team Collaboration

Leapfrogging

Understanding Team Collaboration Collaboration within a team setting is a cornerstone of modern organizational success, driving innovation, problem-solving, and efficiency in today’s complex workplace. Importance of Team Collaboration in Today’s Workplace In the contemporary workplace, characterized by rapid technological advancements and a shift towards more agile and remote working conditions, fostering team collaboration has become indispensable.

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How Transformation in Healthcare Improves Decisions | KaiNexus

Kainexus

Transformation in healthcare involves integrating technology to improve patient care, streamline administrative processes, and enhance overall efficiency within the healthcare system. Operational decisions are crucial in healthcare by determining resource allocation, staffing levels, and workflow management, ultimately improving patient outcomes and organizational performance.

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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 140
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What is Process Mapping? Definition, Types, and Example

IdeaScale

What is Process Mapping? Process mapping, also known as process visualization or flowcharting, is defined as a technique used to visually represent the steps and activities involved in a process or workflow.

Examples 130
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The Big Payoff of Application Analytics

Outdated or absent analytics won’t cut it in today’s data-driven applications – not for your end users, your development team, or your business. That’s what drove the five companies in this e-book to change their approach to analytics. Download this e-book to learn about the unique problems each company faced and how they achieved huge returns beyond expectation by embedding analytics into applications.