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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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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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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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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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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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Revolutionizing Healthcare: The Future of Innovative Health Services

IdeaScale

Healthcare is an essential aspect of human life, and the need for quality healthcare services has continued to increase over the years. Innovation health services have played a crucial role in revolutionizing healthcare, and this trend is set to continue in the future.

Trends 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

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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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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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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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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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Mastering the Art of Virtual Team Management: Boost Collaboration and Productivity

Leapfrogging

Embracing Virtual Team Management In today’s digital age, mastering virtual team management is not just a benefit—it’s a necessity. As remote work becomes more prevalent, your ability to lead a distributed team effectively can have a significant impact on your organization’s success. Understanding the Importance of Virtual Team Management Virtual team management involves overseeing and guiding a team that is geographically dispersed and relies on digital technology for collabor

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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 101
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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 72
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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 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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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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Boosting Productivity: Unleashing the Potential of Virtual Team Collaboration

Leapfrogging

The Power of Virtual Team Collaboration In a world where remote work has become increasingly prevalent, virtual team collaboration stands as a cornerstone of modern business operations. It enables organizations to transcend geographical boundaries and tap into a global talent pool. Understanding Virtual Team Collaboration Virtual team collaboration refers to the process where individuals work together from different locations, leveraging digital technology to communicate, coordinate, and execute

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Should You Quit Your “Meh” Job? Or Is It Salvageable?

Harvard Business Review

Bad days at work are inevitable, just as some degree of frustration and ennui is bound to be a part of almost any job. In this article, the author shares advice from two experts on what to do if you’re stuck in the gray area of deciding whether your job is merely mediocre (and could potentially improve) or downright soul-crushing (and might require a change).

Change 120
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Embrace the Art of Getting Started

Innovation Excellence

GUEST POST from Mike Shipulski What do we do next? I don’t know What has been done before? What does it do now? What does it want to do next? If it does that, who cares? Why should we do it? I don’t know. Will it increase the top line? If not, do something else.

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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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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 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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Ignite Collaboration: 10 Virtual Team Building Activities for Success

Leapfrogging

Importance of Virtual Team Building In an increasingly digital world, the capacity to maintain and enhance team dynamics through virtual mediums is essential. Virtual team building activities play a pivotal role in fostering communication, collaboration, and a cohesive culture within distributed teams. Benefits of Virtual Team Building Activities Virtual team building activities are designed to bridge the gap between remote team members, creating a sense of unity and shared purpose.

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5 Networking Tips for Introverts (and Anyone Else)

Harvard Business Review

Even if you’re an introvert who dreads the notion of networking, you can develop your skills to get out there and do it. Research by the Lehigh@NasdaqCenter, a partnership between Lehigh University and the Nasdaq Entrepreneurial Center, identified make-or-break factors for developing networking skills. They include: the ability to adapt your thinking swiftly in response to changing situations; combating a tendency to focus more on avoiding errors and negative results and instead striving for pos

Tips 122
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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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Never Stop Looking for Improvement

Innovation Excellence

GUEST POST from Shep Hyken If it’s working fine, why mess with it? Well, whatever “it” is may work just fine, but that doesn’t mean it couldn’t be better. This idea came to me as I read an article about United Airlines changing the way passengers board the plane.

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What is the Design Thinking? Definition, Importance, Examples, and Process

IdeaScale

What is the Design Thinking? Design Thinking is defined as a human-centered approach to innovation and problem-solving that prioritizes understanding the needs of users, generating creative solutions, and iterating through rapid prototyping and testing.

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Lean Transformation for Enhanced ROI | KaiNexus

Kainexus

In today's fast-paced environment, Lean transformation emerges as a strategic approach to streamline processes, optimize resources, and drive continuous improvement while embracing technologies. Combining Lean methodology principles with innovation, Lean transformation emphasizes efficiency, agility, and customer-centricity. Maximizing return on investment (ROI) in transformation is paramount as organizations seek to justify investments, prioritize initiatives, and ensure sustainable growth.

LEAN 78
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Supercharge Your Team: Harnessing the Potential of Online Collaboration Tools

Leapfrogging

The Power of Online Collaboration Tools In the dynamic landscape of modern business, the ability to adapt and thrive in a digital environment is essential. Online collaboration tools serve as the cornerstone for virtual teams, fostering communication, project management, and a sense of community among distributed colleagues. Advantages of Virtual Collaboration Virtual collaboration brings with it a wealth of advantages that can supercharge your team’s productivity and innovation.

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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: 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.

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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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What is a Context Diagram? Definition and Examples

IdeaScale

What is a Context Diagram? A context diagram, also known as a system context diagram or a level 0 DFD (Data Flow Diagram), is defined as a broad visual representation that provides an overview of the interactions between a system under development and its external entities.

Examples 130
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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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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.