2024

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Was this the Worst Decision in History?

Destination Innovation

Bayezid II was Sultan of the Ottoman Empire from 1491 to 1512. He worked hard to govern fairly and gained the epithet of “Bayezid the Just” When in 1492, Spain expelled its Jewish and Muslim populations, Bayezid sent the his navy to evacuate them safely to Ottoman lands. He proclaimed that the refugees were to be welcomed. But he did make one far reaching and ultimately catastrophic decision.

Policies 260
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If You Want To Tell A Kick-Ass Story, Do These 3 Things

Digital Tonto

Some years back I was invited to visit the Institute for Advanced Study in Princeton. Over the years many of the world’s greatest minds have taken up residence there. It was where Einstein, along with other giants like Oppenheimer, von Neumann and Gödel, would reside until his death in 1955. It is a place, for me at least, in which stories permeate from every corner and crevice.

Study 195
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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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Transforming existing schools is an exercise in futility

Christensen Institute

The need to transform our K–12 schools grows more pressing each day. But here’s the hard truth: transforming existing schools is nearly impossible. The primary obstacle? Value networks. What is a value network ? It’s the environment that an organization exists within—the external entities that provide key resources and define the rules for staying in business.

Exercises 139
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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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Top 40 Innovation Bloggers of 2023

Innovation Excellence

After a week of torrid voting and much passionate support, along with a lot of gut-wrenching consideration and jostling during the judging round, I am proud to announce your Top 40 Innovation Bloggers of 2023: Robyn Bolton Robyn M.

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Many Employees Fear Being Replaced by AI — Here's How to Integrate It Into Your Business Without Scaring Them.

Entrepreneur - Innovation

There's no need to convince employees of the merits of artificial intelligence — just show them they are about to become more relevant, not less.

More Trending

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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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Revolutionizing the Deal-Making Landscape: yet2’s 11 Deals in a Single Month

Yet2

One of the ways we measure our success is through getting our clients to a deal with the companies we scout on their behalf. Last month, yet2 broke the record for deals in a single month with 11 deals in February 2024. To Compare: Looking back at 2022 , we set a new record for deals. Compared to 2021, we increased our deal count by 60%, and compared to 2020, we saw a whopping 140% increase.

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Qmarkets and Arable Ventures Launch Partnership to Provide Combined Corporate Venturing Software & Consultancy Services

Qmarkets

A new partnership between Qmarkets and New York-based innovation and venture strategy firm Arable Ventures will provide a specialized innovation solution for enterprises across North America comprising both strategic consultancy services and dedicated software. Qmarkets works with consulting partners around the globe in order to offer localized support and strategic guidance to its customers wherever they are situated.

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Turning Status Quo into Your Ally

Rmukesh Gupta

I recently read a blog post by Seth Godin titled, “The four cohorts of the status quo“ It reminded of the fact that as leaders, we need to understand the concept of status quo, how to leverage it and deal with it, as appropriate. This ability to not allow status quo to hinder our pursuits is a high leverage or impact skill for any leader.

How To 105
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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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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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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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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 117
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3 education innovations to watch in 2024 (hint: it’s not just about skills and AI)

Christensen Institute

Over the past few years, evidence about the profound link between social capital and economic mobility has expanded through both research and practice. Opportunity Insights’ study on economic connectedness and LinkedIn’s study on weak ties and job-getting are some examples At the same time, we’ve seen the rise of practice-based evidence, through efforts of leading organizations like Basta and Climb Hire, and technology platforms like People Grove and Handshake publishing impact reports on how us

Policies 131
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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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Surprising Secrets and Customer Research Revelations

Innovation Excellence

GUEST POST from Robyn Bolton Most customer research efforts waste time and money because they don’t produce insights that fuel innovation. Well-meaning business people say they want to “learn what customers want,” yet they ask questions better suited to confirming their own ideas or settling internal debates.

Learning 106
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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 110
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Addressing digital transformation project challenges | Sopheon

Sopheon

Regardless of industry, digital transformation projects are a top priority today. According to IDC , global digital transformation spending will grow to an estimated $3.4 trillion by 2026. Digital transformations are necessary, but they’re also painful. And they fail at a rate of about 70%, according to McKinsey.

Project 105
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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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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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Developing an Early Warning System for Your Innovation Pipeline

ITONICS

Identifying opportunities and risks is crucial at the beginning of the innovation lifecycle, shaping strategy and guiding where to invest resources and how to navigate the development of solutions. However, this process is not confined to the initial stages but is integral throughout the entire innovation lifecycle. It serves as a mechanism for continual validation, ensuring that ideas and projects in your pipeline remain relevant and aligned with market needs and potential hazards.

System 68
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Idea Management Feature Comparison Guide 2024

Qmarkets

This feature comparison guide is designed to help you make an idea management software purchase with confidence by laying out all key considerations to make, clearly and comprehensively. Rank the strength of Qmarkets' features and compare them to those of other vendors across twelve different themes, including Campaigns, Submission & Collaboration, Reporting & Analytics, Security & Compliance, and more.

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Becoming Better Communicators

Rmukesh Gupta

In this very insightful and a short clip, advertising legend Bill Bernbach talks about the difference between writing and communicating. The writer is concerned with what (s)he puts into his/her writing, whereas a communicator is concerned with what the reader gets out of it. (S)He therefore becomes a student of how people read and listen.

Learning 105
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Action vs. State Orientation: Who is More Vulnerable to the Sunk Cost Trap?

Michael Roberto

Source: The MSLs' Liaison Newsletter Some individuals have a strong action orientation. Others have what is described as a state orientation. What's the difference? According to James Diefendorff and his colleagues , "Individuals with a strong action orientation are able to devote their cognitive resources to the task at hand, thus enabling them to expediently move from a present goal state to some desired future goal state.

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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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The World's Best Collection of Awesome, Memorable Quotes

Idea Champions

If you're on the prowl for inspiring quotes you can use for work, your book, speech, website, love letter, kidnap letter, slide show, blog post, business proposal, graffiti, or time capsule, look no further. PS: We are all in this together! Change Possibility Beginning Vision Communication Innovation Intuition Peace Time Risk Taking Appreciation Failure Leadership Creativity Einstein Humor and Play Purpose/Work Collaboration Story Ideas Asking the Right Question Mastery Uncertainty and Letting G

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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 143
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What should schools do about AI?

Christensen Institute

“I feel like we’re in that era for these language processing technologies right now in that we have a brand new tool [but] we’re not entirely sure what using that looks like. … Not nearly as many people are asking ‘How does this help us solve our problems better?’ and a lot more people are asking ‘How do I put this into my product so my board of directors is happy?

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Announcing the Second Edition of Charting Change

Innovation Excellence

Thanks to the popularity of the First Edition of Charting Change, I am privileged and excited to announce the early availability of the Second Edition of Charting Change, my best selling book on planning and executing organizational change and transformation used as a course book by universities around the world.

Change 114
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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.

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As a Black Woman CEO, I Built a Remote Company Not Just to Save Money — But to Mirror My Commitment to Diversity. Here's How.

Entrepreneur - Innovation

To fuel innovation and global success, you absolutely need diverse perspectives — and having team members all across the world with varying thought processes, life experiences and viewpoints is the key.

Company 109
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People Make the Difference: A Day in the Life of Elisabetta, Director of Global Localization 

Planview

In many organizations, there are individuals whose contributions remain largely behind the scenes but are pivotal to a company’s success. One of the many people who fit that description at Planview is Elisabetta, our Director of Global Localization. Elisabetta’s role embodies the essence of “people make the difference.” As the head of a team that helps ensure our words resonate seamlessly with international audiences, Elisabetta brings people together from across the company to achieve one purpo

Study 98
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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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How to Make Small Talk with Anyone from Anywhere

Harvard Business Review

Meet-and-greet conversations can be uncomfortable. And they can feel especially daunting when you’re paired with strangers from different cultures, like when networking in a global business context. In this setting, light and introductory-style conversations (what some of us know as “small talk”) can be very helpful, and even necessary. Small talk is a quasi-universal tool for initiating conversations with strangers from different cultures, for building a quick rapport, and for planting the seed

How To 141
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From Whims to Wins: How a Customer-Centric Portfolio Transforms Product Strategy

Speaker: John Mansour - President, Product Management University

You know that sinking feeling. You’ve come up with a winning product strategy, everyone’s on board and energized, and you’re halfway down the path to execution only to have it submarined by something someone convinced your leadership was more strategic! It’s a scenario that’s all too familiar, and it exemplifies one of the biggest struggles with individual product strategies.