March, 2024

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Thirty Ways to Develop your Lateral Thinking

Destination Innovation

Image by Stefan Keller on Pixabay Lateral thinking involves looking at things in different ways from everyone else. It means coming at the situation from the side rather than head on. It comprises thinking unconventional, heretical thoughts that challenge existing norms and the status quo. Here are thirty ways to foster your lateral thinking: Embrace Curiosity: Stay curious as you go through life.

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Using Generative AI to Drive Corporate Impact

TechEmpower Innovation

Generative AI is revolutionizing how corporations operate by enhancing efficiency and innovation across various functions. Focusing on generative AI applications in a select few corporate functions can contribute to a significant portion of the technology's overall impact. Key Functions with High Impact Generative AI is revolutionizing sales by enabling dynamic pricing and personalized customer interactions, boosting conversion rates and customer satisfaction.

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Achieving an Ecosystem AI-driven innovation engagement process

Paul Hobcraft

Combining Ecosystems, technology and GenAI to unlock innovation The concepts of ecosystem innovation and generative AI has arrived at the point where we need to question workflows have the real poential openness has become central to our process of thinking and development building. Innovation does need reinventing as a discovery process. Radically different ways of capturing, extracting, and delivering value are emerging.

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There Is No Formula For Success. We Need To Prepare For Luck.

Digital Tonto

The French writer Albert Camus believed our existence was absurd. He compared the human condition to Sisyphus, the mythical Greek king condemned to roll a boulder uphill, only to see it roll back down, for eternity. Incredibly, Camus imagines Sisyphus, returning to his labors at the foot of the mountain, as happy, having found meaning in his task. That is the nature of existential rebellion, to find meaning for yourself in a universe that provides none.

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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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Unlock Your Inner Genius: 10 Creative Problem-Solving Techniques You Need to Try Today

IdeaScale

Creative problem-solving techniques are essential skills that can help you overcome difficult challenges and find innovative solutions to complex problems. Whether you're struggling with a personal or professional problem, there are several techniques you can use to unlock your inner genius and tap into your creative problem-solving abilities.

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Is Your Company’s Data Ready for Generative AI?

Harvard Business Review

While CDOs and data leaders are excited about generative AI, they have much work to do to get ready for it. A recent survey of 334 CDOs and data leaders — and a series of interviews with these executives — reveals that companies have not yet created new data strategies or begun to manage their data in the ways necessary to make generative AI work for them.

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I Moved My 80-Person Company to a 4-Day Workweek Even Though It's Against the Industry Norm. Here's Why We'll Never Go Back.

Entrepreneur - Innovation

Dominic Tremblay and his partner Ludwig Ciupka are co-founders of TUX, a creative agency that introduced a 4-day workweek. Read more about the model's success.

Industry 111
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What is a product manager? | Sopheon

Sopheon

The product manager role is evolving at an unprecedented pace. The changes we’ve seen in the role over the last decade are head-spinning. And the answer to the question, “What is a product manager?” will be completely different ten years from now (thanks to AI).

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If You Want To Lead, You Need To Embrace The Basic Human Need For Status

Digital Tonto

A simple truth about status games is that we all play them, whether we are aware of it or not. It is our drive for status that helps us form and signal identity, figure out who we are in relation to others and derive a sense of meaning about our existence, whether that meaning is rooted in achievement, care for those around us or our ability to enforce our will on others.

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Government Innovation and Government’s Role in Technology Development

IdeaScale

What is Government Innovation? Government innovation is defined as the process of introducing new ideas, approaches, technologies, or practices to improve the effectiveness, efficiency, responsiveness, and outcomes of government services, policies, and operations.

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From Data to Decisions: Maximizing Retail Potential with 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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To Accelerate Growth, Analyze Your Company Like an Investor

Harvard Business Review

Private equity (PE) firms have a proven approach to identify areas for revenue growth, value creation, and cost reduction: due diligence. But companies rarely use this same approach in the execution of their own growth strategy. This is a missed opportunity. The same due diligence skills and tools can be found in most large companies, but they are usually siloed in the corporate development team — the folks who handle M&A, who rarely have a chance to apply their expertise to a company’s ongoing

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Ways to Create Something Truly Original

Innovation Excellence

GUEST POST from Greg Satell I study innovators for a living. Every year, I interview dozens of men and women who’ve achieved remarkable things. For my own part, I publish about a hundred articles a year and my second book, Cascades, has sold well since coming out five years ago.

Study 106
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4 Questions Worth Asking on International Women’s Day

Planview

Nearly 115 years ago, Clara Zetkin set a vision: that every country, every year, would celebrate women on the same day. The group that Zetkin rallied in Copenhagen then — about 100 passionate women from 17 countries — has grown exponentially. In fact, International Women’s Day (IWD) is now an official holiday in more than 25 countries, with thousands of marches, debates, concerts, and talks taking place each year.

Policies 105
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She Never Wanted to Start a Business, But Chronic Insomnia Was Motivation — Here's How She Achieved $20 Million in Sales and 8 Hours of Sleep a Night

Entrepreneur - Innovation

Dr. Kathrin Hamm, founder and CEO of sleep-wellness company Bearaby, wanted to find a solution for her sleeplessness — and the products on the market weren't cutting it.

Marketing 102
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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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Every Revolution Needs To Anticipate Its Own Counterrevolution

Digital Tonto

Saul Alinsky noted that every revolution inspires its own counter-revolution. “Once we accept and learn to anticipate the inevitable counterrevolution, we may then alter the historical pattern of revolution and counterrevolution from the traditional slow advance of two steps forward and one step backward to minimizing the latter,” he wrote. We are at an inflection point, with multiple pendulum’s beginning to swing the other way.

Change 146
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What is Citizen Engagement? Definition, Importance, and Examples

IdeaScale

What is Citizen Engagement? Citizen engagement is defined as the active involvement of individuals in the decision-making processes, activities, and affairs that affect their lives, communities, and society as a whole.

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When Attending Industry Events, Avoid These Legal Risks

Harvard Business Review

There are plenty of good reasons to attend industry conferences, trade fairs, and other events, but they also present opportunities for the accidental disclosure of sensitive company information or other actions that run afoul of fair-competition regulations. Through their work executive coaching leaders in emerging and traditional technology ecosystems and working with organizations on ethics and compliance challenges, the authors have uncovered several strategies to equip your team to attend i

Industry 131
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Why More Women Are Needed in Innovation

Innovation Excellence

GUEST POST from Greg Satell Every once in a while I get a comment from an audience member after a keynote speech or from someone who read my book, Mapping Innovation, about why so few women are included.

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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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Unlocking Success: The Key Questions You NEED to Ask About Your Stakeholders

Rmukesh Gupta

Premise: We now live in a world where we are going through a change of one kind or another. Even when we are not leading a change initiative, we are, at all times collaborating with others, who are not part of our team, people who have a different goal than our own, people whose contribution might be critical for our success. In such scenarios, one of the skills that becomes critical for our success is our ability to align and influence the various stakeholders that we work with.

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Women Are More Likely to Be Laid Off Than Promoted in Tech — Here's How We Can Change the Status Quo

Entrepreneur - Innovation

In the face of a tech industry where women are more likely to be laid off than be promoted to leadership positions, it's time to hack the system and reboot the gender balance for good to turbocharge innovation and propel the industry.

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Multitasking – NOT the Best Strategy

Focused Momentum

Multitasking is often a skill identified with a highly productive person, yet today our use of technology has pushed multitasking to ridiculous levels. As you know, it has gotten so bad that we’ve had to pass laws to do less of it, and now research indicates that rather than increasing productivity, it could be harming us. As an expert in strategy development for more than 20 years, I have had a front row seat to how this trend has impaired strategic thinking too.

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Understanding Open Innovation in Government and How Governments Can Benefit from Open Innovation Initiatives

IdeaScale

In recent years, the concept of open innovation has gained traction across various sectors, including government. Open innovation refers to the practice of collaborating with external stakeholders, such as citizens, businesses, non-profit organizations, and academia, to generate and implement innovative solutions to complex challenges.

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Monetizing Analytics Features

Think your customers will pay more for data visualizations in your application? Five years ago, they may have. But today, dashboards and visualizations have become table stakes. Turning analytics into a source of revenue means integrating advanced features in unique, hard-to-steal ways. Download this white paper to discover which features will differentiate your application and maximize the ROI of your analytics.

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When You Have to Make a Strategic Decision Without Much Data

Harvard Business Review

One big challenge that leaders have when figuring out how or where their companies can grow is that a dearth of data about future problems and opportunities. In these situations, there are three techniques that leaders can employ to develop insights: look at customers and startups for signs of change, experience new technologies rather than just read about them, and practice “associative thinking,” which means connect two seemingly disparate concepts to develop a novel idea.

Data 144
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10 CX and Customer Service Predictions for 2024 (Part 2)

Innovation Excellence

GUEST POST from Shep Hyken As promised, I’m back with the second part of my top predictions and trends for 2024 in the world of customer service and customer experience (CX). You can read the first five here. So, let’s get started with No. 6. 6.

Trends 105
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The “hug” that America’s mothers need now

Christensen Institute

As we embark upon women’s history month, it appears 2024 is on track to be another stressful year for women in America. This isn’t a post about the recent women’s health news , but instead, about what this recent ruling continues to signify about the stressors of women’s health care and health outcomes in the US, and how we might make our current state better.

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Practicing Detachment: A Pathway to Fostering Sustainable Growth

Faisal Hoque

Detachment is not about disconnecting from the world; it's about finding inner peace amidst chaos, and embracing change with grace.

Change 105
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Software Composition Analysis: The New Armor for Your Cybersecurity

Speaker: Blackberry, OSS Consultants, & Revenera

Software is complex, which makes threats to the software supply chain more real every day. 64% of organizations have been impacted by a software supply chain attack and 60% of data breaches are due to unpatched software vulnerabilities. In the U.S. alone, cyber losses totaled $10.3 billion in 2022. All of these stats beg the question, “Do you know what’s in your software?

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I Attended an Ivy League University's Most Popular MBA Leadership Class and Learned How Steve Jobs Became a Better Leader in 10 Minutes

Entrepreneur - Innovation

Hitendra Wadhwa teaches Columbia University's most popular MBA leadership and success course. In one session, he shared how Steve Jobs became a better leader.

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What is Participatory Government? Definition, Model, Importance, and Examples

IdeaScale

What is Participatory Government? Participatory government, also known as participatory democracy or participatory governance, is a political system in which citizens actively participate in decision-making processes and have a direct role in shaping public policies, programs, and initiatives.

Examples 130
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The Missing Link Between Strategy and Innovation

Harvard Business Review

In too many companies, an innovation team is allowed to pursue its own agenda and imagine itself to be a separate island from the rest of the company. The results are always disappointing: a lot of creative ideas, but a failure to deliver meaningful growth. The root problem is the disconnect between strategy and innovation. To succeed, corporate innovation needs to be bounded by a clear set of strategic priorities that matter to the business.

Strategy 143
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Why Materials Science is the Most Important Technology of This Decade

Innovation Excellence

GUEST POST from Greg Satell Think of just about any major challenge we will face over the next decade and materials are at the center of it. To build a new clean energy future, we need more efficient solar panels, wind turbines and batteries. Manufacturers need new materials to create more advanced products.

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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.