Sat.Apr 20, 2024 - Fri.Apr 26, 2024

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Jack Welch’s GE Was The Wrong Model To Take From The 90s. Lou Gerstner’s IBM Is The Right One

Digital Tonto

When Jack Welch was named “Manager of the Century” by Fortune magazine in 1999, it was still unclear what his legacy was going to be. Yet all the success belied serious problems rumbling underneath the surface. Welch increased profits largely by “financializing” the firm. Innovation languished. Yet perhaps the greatest indictment of Welch is those he chose to carry on his legacy.

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Part of Leadership is to Create a Crisis

Destination Innovation

Paul O’Neill was appointed CEO of aluminium giant Alcoa in 1987. He is particularly remembered for his decision to focus on one key priority, safety. His first speech as CEO was to a group of investors and analysts. He started by saying, “I want to talk to you about worker safety.” He continued, “I intend to make Alcoa the safest company in America.

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Innovation’s Underdogs: The Creative Economy’s Quiet Revolution

IdeaScale

In the colorful world of the creative economy—a place where art, smarts, and new ideas mix together—something pretty exciting is happening. It's not just about painting or music anymore; this world stretches into advertising, designing everything from websites to buildings, changing the story of what jobs are important.

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Returning to the Hierarchy of Business Ecosystems

Paul Hobcraft

Building out the Hierarchy of Business Ecosystems In January of this year, I introduced the thinking behind “the Hierarchy of Business Ecosystem needs.” This framework was outlined initially in a series of seven posts on my dedicated ecosystem posting site. On this posting site, I provided numerous supporting posts in “given” areas of Business Ecosystems that covered some areas I felt were important explainers.

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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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Navigating Supply Chain Innovation: Strategies for Success

HYPE Innovation

In today's rapidly evolving business environment, where 84.6% of businesses report increased operational costs due to supply chain disruptions , supply chain innovation has become critical for companies seeking to remain competitive and sustainable. These disruptions, driven by factors such as geopolitical tensions, global conflicts, and evolving market dynamics, highlight the urgent need for adaptive and resilient supply chain strategies.

Strategy 130
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The great miscalculation–and exit–of multinationals in Africa… again

Christensen Institute

Deja vu. In 2015, many multinational companies exited Africa. Nestle cut staff across 21 countries and Barclays, Coca-Cola, Cadbury, Eveready, and SABMiller retreated from different African markets they once believed had promise. The allure of Africa, particularly the widely referenced Africa rising narrative, was fading. The reasons the multinationals cited were all too familiar: failing or inexistent infrastructure, smaller than expected consumer market, struggling institutions, and corruption

Report 145

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Lessons from Beyoncé on Navigating Exclusion

Harvard Business Review

In 2016, Beyoncé’s performance at the CMA Awards sparked backlash from fans complaining about everything from her attire to her lack of connection to the genre. This year, she released her first country album, which debuted at number one on the Billboard 200. Her actions over the past eight years have been a case study in how to navigate workplace exclusion.

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What Have We Learned About Digital Transformation?

Innovation Excellence

GUEST POST from Geoffrey A. Moore We are well into our first decade of digital transformation, with both the successes and the scars to show for it, and we can see there is a long way to go.

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Innovation Management Trends In The Future | Sopheon

Sopheon

With the introduction of generative AI (GenAI), organizations are trying to find the best way to use the technology to support InnovationOps initiatives. In bringing together a company’s culture, ways of working, people and products, companies can operationalize innovation and bring every team member together under an overarching goal. With the help of GenAI, companies will support an InnovationOps ideology more seamlessly and innovate at scale more easily.

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What is Product Development? Definition, Examples, Process and Strategies

IdeaScale

What is Product Development? Product development is defined as the process of creating new products or improving existing ones to meet the needs and wants of consumers. It involves various stages from conception to market launch, including ideation, research, design, prototyping, testing, and manufacturing.

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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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Preventing Ransomware Attacks at Scale

Harvard Business Review

Designing software that’s resilient against the most common cyberattacks is possible — and significantly more cost effective than dealing with the fallout of a hack.

Software 109
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Next Generation Leadership Traits and Characteristics

Innovation Excellence

GUEST POST from Stefan Lindegaard What are the traits and characteristics for a new generation of leaders, those who will shape the future in this sea of uncertainty? To me, this is more about mindset than age.

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Digital Transformation in Manufacturing: Unlocking New Opportunities | KaiNexus

Kainexus

The shift towards Industry 4.0 and smart manufacturing represents a significant evolution in how goods are produced, utilizing advanced technologies to enhance efficiency, productivity, and flexibility across various industries. Industry 4.0 refers to the fourth industrial revolution, characterized by integrating digital technologies into manufacturing processes, often termed "smart manufacturing.

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What is Root Cause Analysis? Definition, Types, Examples, Methods

IdeaScale

What is Root Cause Analysis? Root Cause Analysis (RCA) is defined as a systematic process for identifying the underlying causes or factors that contribute to a problem, incident, or undesirable outcome. The goal of RCA is to understand the root causes of an issue rather than focusing solely on addressing its symptoms.

Analysis 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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How Burnout Became Normal — and How to Push Back Against It

Harvard Business Review

Slowly but steadily, while we’ve been preoccupied with trying to meet demands that outstrip our resources, grappling with unfair treatment, or watching our working hours encroach upon our downtime, burnout has become the new baseline in many work environments. From the 40% of Gen Z workers who believe burnout is an inevitable part of success, to executives who believe high-pressure, “trial-by-fire” assignments are a required rite of passage, to toxic hustle culture that pushes busyness as a badg

How To 106
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Predicting Unintended Consequences

Innovation Excellence

The 93% Rule GUEST POST from Robyn Bolton Unintended consequences often catch us off guard despite their predictability. The moment they occur, we gasp in shock, shake our heads, and look at each other in wide-eyed horror at this thing that just happened that we could never ever ever have anticipated.

Change 77
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Crossing the chasm with Partner Ecosystems to grow your business differently.

Ecosystems4Innovating

A relatively quick post, partly as Hannover Messe 2024 is in full flow and tuning into events like this, you realize where we are all being pushed to the future, Although GenAI gets a lot of central billing in the talks and demonstrations, the future “buzz words” that tell much of the immediate future are wrapped up in the solutions being offered.

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What is a Cause and Effect Diagram? Definition, Examples, Benefits, and Analysis

IdeaScale

What is a Cause and Effect Diagram? A Cause and Effect Diagram, also known as a Fishbone Diagram or Ishikawa Diagram, is defined as a visual tool used to identify and organize potential causes of a specific problem or effect.

Analysis 130
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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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Research: More People Use Mental Health Benefits When They Hear That Colleagues Use Them Too

Harvard Business Review

Novartis has trained more than 1,000 employees as Mental Health First Aiders to offer peer-to-peer support for their colleagues. While employees were eager for the training, uptake of the program remains low. To understand why, a team of researchers conducted a randomized controlled trial with 2,400 Novartis employees who worked in the UK, Ireland, India, and Malaysia.

Training 103
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Celebrating World Creativity and Innovation Day 2024

Innovation Excellence

Embracing Creativity and Innovation: A Pathway to Progress GUEST POST from Art Inteligencia In a world that is constantly changing, the only constant is the need for creativity and innovation.

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How Top Organizations Master Enterprise Digital Transformation | KaiNexus

Kainexus

Digital transformation at the enterprise level is essential for organizations to remain competitive, relevant, and resilient in today's rapidly evolving business landscape. By embracing digital technologies and modernizing processes, enterprises can enhance operational efficiency, improve agility, and unlock new opportunities for growth and innovation.

Agile 69
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What are Mood Boards? Definition, Examples, and Samples

IdeaScale

What are Mood Boards? Mood boards are visual tools used in the early stages of a design process to convey the overall aesthetic, mood, and style of a project.

Examples 130
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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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Research: Why People Really Buy Upcycled Products

Harvard Business Review

Researchers who analyzed consumer feedback from Etsy discovered that what consumers value most about upcycled products is not their sustainability but their creativity. Their findings offer some guidelines for companies who hope to design and successfully market upcycled products: 1) Designers should consider using components from other industries to enhance the appeal of their products and encourage cross-industry collaboration; 2) Product designers and managers should identify new uses for pro

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Is Customer Obsession a Two-Way Street At Your Company?

Innovation Excellence

GUEST POST from Shep Hyken One of my favorite ways to measure a customer’s satisfaction level with a company or brand is by using the Net Promoter Score (NPS) question, which is, “On a scale of zero to 10, how likely are you to recommend this company to a friend or colleague?

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Overcoming the Innovation Paradox: Three key reasons why Large Organisations Struggle to Stay Ahead

Cris Beswick

In the modern business world, where disruption is the norm and change is relentless, the ability to continuously drive innovation-led growth has become the ultimate competitive advantage. Yet, for many large, established organisations, the pursuit of building innovation capability and embedding it into organisational culture remains an elusive and often frustrating endeavour.

Agile 59
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What is Scrum? Definition, Examples, and Methodology

IdeaScale

What is Scrum? Scrum is defined as a framework used primarily in the field of software development to facilitate iterative and incremental project management. It is based on principles of Agile software development and emphasizes flexibility, collaboration, and continuous improvement to deliver high-quality products efficiently.

Examples 100
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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.

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The Myths and Realities of Being a Product Manager

Harvard Business Review

Product management has become an aspirational career. A group of popular social media influencers regularly offers advice on what it takes to attain a job and succeed in this field. But their content tends to glamorize the profession, gloss over the day-to-day-realities, and dispense wisdom that isn’t always on point.

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Brainstorming is dead – here’s how to generate your best ideas

Sopheon

Have you ever been in a magical brainstorming session? Me neither. Depending on who’s invited, a typical brainstorming session may consist of throat-clearing, eye-rolling, and apathy. And there’s very little magic involved unless someone brought Homer Simpson-like donuts with sprinkles. There’s nothing magical about watching the person with the loudest voice dominate the conversation.

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5 Types of Stories Leaders Need to Tell

Rmukesh Gupta

This post talks about the 5 different kinds of stories that leaders need to be able to tell, based on the situation, if they want to become "Leaders Worth Following".

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What is Pestle Analysis? Definition, Examples, and Analysis

IdeaScale

What is Pestle Analysis? A PESTLE analysis is defined as a framework used to analyze and evaluate the external factors that can impact an organization's operations, performance, and strategic decisions. It stands for Political, Economic, Social, Technological, Legal, and Environmental factors.

Analysis 100
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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.