December, 2022

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The need for Transformational Innovation

Paul Hobcraft

The need for transformational innovation. Transformational innovation is increasingly needed to cope with the change needed in many organizations to find a new or repositioned value proposition. Transformational innovation is one of the hardest, if not the hardest, to achieve.

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Top 5: How to plan your 2023 innovation activities and events for maximum success

Idea to Value

Hi there, With 2022 almost behind us, a lot of companies and teams are planning their next steps for 2023. This is especially true for venture and innovation teams, who let’s face it, many of whom had a very tough 2022.

How To 266
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Will you shape innovation, or will it shape you?

Jeffrey Phillips

There's a famous quote about tools we use, which says that we first shape our tools, and then they shape us. Meaning, I think, that we are natural creators, meant to solve problems, to create new things.

Tools 262
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Stop Expecting People To Act Rationally! Here’s Why:

Digital Tonto

In an earlier age, organizations were far more hierarchical. Power rested at the top. Information flowed up, orders went down, work got done and people got paid. Incentives seemed to work. You could pay more and get more.

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ERM Program Fundamentals for Success in the Banking Industry

Speaker: William Hord, Senior VP of Risk & Professional Services

This exclusive webinar with William Hord, Senior VP of Risk & Professional Services, will explore the foundational elements you need to start or validate your ERM program. He will also dive into topic definitions, governance structures, and framework components for success.

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The Fine Line Between Innovating and Overextending

IdeaScale

While grinding it out is required at times, it’s not sustainable. At some point, product and service quality will decline. This is often due to the ripple effects of overextending, which include burnout and poor decision-making.

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What is the Opposite of Vertical?

Destination Innovation

The Story of Barnes Wallis and the Bouncing Bomb. A key principle of lateral thinking is to consider the opposite. If everyone is heading west think about going east. If the fashion is fast then consider slow. If the crowd is selling then contemplate buying.

Training 165

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What Blinkers Are You Wearing Today?

Flying Fish Lab

Every brand proudly says they’re different, but our consumers and customers most likely see and experience a sea of sameness. If we take the time to remove our blinkers and look at the playing field from the Outside In, we may see it too. link] Category Conventions.

Study 98
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Were we all upside down in 2022?

Paul Hobcraft

Image adapted from Imaginary Forces for this post. What an utterly strange year, 2022 has been. we have been confronted, reflective and seemingly having to “kick start” our lives again after the challenges of living through the impacts of a global pandemic.

Agile 157
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Having an argument with Artificial Intelligence

Idea to Value

You may have seen news of people talking about the new artificial intelligence chatbot from OpenAI, called ChatGPT. Put simply, this is a way you can ask questions to OpenAI’s huge artificial intelligence in a natural, chat-like manner.

System 253
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Co-creation with customers: Liebherr open innovation case study

HYPE Innovation

If you’re reading this, you’re likely keen to find out more about how to successfully manage your open innovation program. Perhaps you’re looking to try out co-creation innovation with your customers but don’t know where or how to start yet.

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Retail Reimagined: What It Means To Be An Innovative Retailer

Speaker: DeAnna McIntosh, Retail Growth Strategist

Join DeAnna McIntosh, Retail Growth Strategist, for this idea-sparking session on how to multiply and diversify your revenue (and impact) with zero ad spend, how to create disruption in your industry, and how to reimagine and innovate the retail business model.

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Things that didn’t exist in 2001

Destination Innovation

Things that didn’t exist in 2001. iPhone. Facebook. YouTube. Instagram. Twitter. TikTok. Android. Bitcoin. Tesla. Gmail. Netflix streaming. Amazon Prime. Podcasts. Kickstarter. WhatsApp. Google Maps. Snapchat. LinkedIn. Pinterest. Chrome. Spotify. Airbnb. Slack. Reddit.

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The 2022 Digital Tonto Reading List

Digital Tonto

“Don’t believe everything you think” has become something of a mantra of mine. It’s a simple idea, but desperately hard to accomplish.

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Leveraging Reverse Innovation to Take Your Organization Global

IdeaScale

Outshining the competition and generating disruptive ideation are worthy objectives, but they shouldn’t be your only objectives. If you plan to take your products global or expand your global reach, reverse innovation must be a priority.

Ideation 147
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Controlling What You Can: Owning Your Personal and Professional Growth

CMOE

Many things can feel outside of our control or reach. For instance, a person can ask for a raise or promotion, but whether they receive the advancement is not a decision they directly get to make and is ultimately beyond their control.

Exercises 142
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Modern Tech and More: Empowering Your Supply Chain for Success

Speaker: Cory Skinner, Founder and CEO of FactR

Ready to dive into new tech to protect your supply chain, but not sure where or how to start? In this webinar, Cory Skinner, Founder and CEO of FactR, will break down the new, innovative technologies and strategies that you can implement to mitigate historic challenges, and even teach you what NOT to do along the way!

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Next year, keep your eyes and mind open

Idea to Value

I was walking through the forest with my sleeping son, day dreaming, when something stopped me. I was not sure what the feeling was, but it felt out of place and surprising. I looked back, and noticed someone had left a random piece of carrot on a branch.

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Innovation: the accelerator for the changes in our energy transitions

Paul Hobcraft

No energy transition will be achieved without invention and innovation, yet we are currently failing badly to fund research, development and deployment.

Change 137
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Cool Lateral Ideas

Destination Innovation

There are myriad of lateral ideas in action to solve everyday problems. We now take them for granted but when they were first proposed they may have been seen as risky, silly or impractical. Here is a random selection of some of my favourites exprssed in the form of a problem and a lateral solution.

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Digital Transformation at a Retailer Near You

Business and Tech

Digital signage-based experiences are vital to future-proofing retail in ways that allay concerns post-pandemic, lean in to Gen Z, and make life a whole lot more convenient. Beth Warren SVP Marketing and Retail Strategy, Creative Realities, Board Member, Digital Signage Federation.

LEAN 130
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The Power of Storytelling in Risk Management

Speaker: Dr. Karen Hardy, CEO and Chief Risk Officer of Strategic Leadership Advisors LLC

Join this exclusive webinar with Dr. Karen Hardy, where she will explore the power of storytelling in risk communication as a core component of a resilient organization's management framework!

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Leveraging Middle Managers to Drive Innovation

IdeaScale

If you are looking to take your ideation to the next level, it’s time to strategically empower your middle management team.

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Top Posts of 2022

Digital Tonto

At the beginning of this year, I wrote that the theme for 2022 would be Surviving Change and I think that’s been borne out. We’ve had so many shocks to the system that all of the happy talk about disruption has become not only juvenile and naive, but downright irresponsible.

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Can meditation help or hurt your creativity?

Idea to Value

In today’s world, there are so many things which are constantly distracting us. And we know that being distracted can be detrimental to our creativity.

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An innovation framework that offers a formula for sustainable advantage

Paul Hobcraft

A formula to build a framework for sustainable innovation. Here is my solution that I think is worth working through first to absorb it and its combination. Then apply it to your innovation-building activity as a framework for innovation.

Roadmap 137
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Everything You Need to Know About Crypto

Speaker: Ryan McInerny, CAMS, FRM, MSBA - Principal, Product Strategy

This exclusive webinar with Ryan McInerny will teach you all about cryptocurrency and NFTs! Register to learn more about identifying crypto transactions, crypto asset market trends, managing risk and compliance, and supporting customers and partners using crypto-based payments.

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Five Key Considerations for Managing Lay-offs

Destination Innovation

Hard times can strike any business or any organisation, even ones which have been well managed and successful. Sometimes you have to reduce costs and headcount in order to survive. This gives leaders a big challenge. You have recruited and developed a successful team. Now you have to chop it back.

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Innovation Portfolio Gymnastics

Jeffrey Phillips

There's been a significant number of posts on LinkedIn and other social media about innovation lately, especially focused on the type of innovation that companies perform.

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Innovative Ways to Optimize Employee Retention in 2023

IdeaScale

The Great Resignation is still going strong. In 2021, 47.8 million Americans resigned from their jobs. As of August 2022, the pace had not slowed. With the economic downturn, resignation rates slowed in September, October, and November of 2022. However, a new trend has emerged—quiet quitting.

Trends 147
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Keep your eye on these 10 key drivers during 2023 doing your Scenario Planing

Innovation 360 Group

The first time I worked with scenario planning was in the post-cold war in the early 90s, when in the western world we collectively still remembered international tensions, the threat of war, and economic recession.

Groups 98
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Exploring the Overlap: Cost Optimization and Digital Transformation

Speaker: Alex Jiménez, Managing Principal, Financial Service Consulting for EPAM

The largest banks have increased reserves for protection against deteriorating economic conditions. Should banks delay their digital transformation investments and focus on cost reductions? In this webinar, Alex Jiménez will walk us through that question and examine the prudent course of action.

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Happy Holidays from Nick Skillicorn and Improvides

Idea to Value

Hi everyone, With the end of the year and Christmas nearly here, I just wanted to say a big thank you being being part of my community. I am so happy you are here and look forward to providing even more value to you and your teams in 2023.

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Idea Crowdsourcing at MARTA: Encouraging Innovation in the Public Sector

Qmarkets

The Metropolitan Atlanta Rapid Transit Authority ( MARTA ) is one of the largest transit agencies in the United States with around 4,500 employees.

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Challenge conventions for success

Flying Fish Lab

Convention tells us this is about Sumo: Japanese full-contact wrestling with centuries-worth of history, traditions and rituals. But if this is Sumo, and the objective is to win, then the little guy will have very little chance of success.

Change 98
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Navigating Business Transformation in a Hyper-Digital Era

Faisal Hoque

The plain truth is that reinvention is involved, frequently exhausting and undeniably challenging.

Change 98
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The Anti-Money Laundering Act of 2020: Initial Catalysts, Current Implications, and Future Impacts

Speaker: Elizabeth "Paige" Baumann, Founder and CEO of Paige Baumann Advisory, LLC

In this session, Elizabeth “Paige” Baumann will cover the Anti-Money Laundering Act of 2020, which also includes the Corporate Transparency Act. She'll take a deep dive into the catalysts that brought on the act, the current implications of the act, and what impacts the act has on the future of banking and finance.