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Episode 19 – Part 2: The ROI of Learning

IM Insights

The episode addresses the concept of innovation accounting, common misconceptions in business case analysis, and the value of information by connecting learning to financial outcomes. Unravelling the concept of innovation accounting, Peter debunks the common misconceptions prevalent in business case analysis.

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Siti Rohani Md Yusof, PhD

Innovation 360 Group

Background: Industry – 25 years in senior management capacity (HRM) in manufacturing, telecommunications, central banking. Academic Experience – 10 years teaching and research at institutions of higher learning. Organizational Analysis and Design. Training Needs Analysis (TNA). Corporate Values and Culture.

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Why invest in innovation consulting?

mjvinnovation

During the development of a new product, a large telecommunications company wanted to validate its target audience’s product experience. MJV Workflow: Build: building the tools for testing Testing: testing cycles and adjustments Learning: analysis of results Finalize: consolidation of results and strategic direction.

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Does Artificial Intelligence always make the better decision?

etventure

After this analysis we selected together with the decision makers a simple decision tree, which has a good prediction accuracy as well as can be easily interpreted and communicated. At a large German telecommunications company, we look at, among other things, the “f**k-up nights” that managers regularly conduct.

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Innovation SOP: Driving Corporate Innovation by Bettering Employee Engagement

Qmarkets

An example highlighted by Gartner involved a telecommunications company that was embarking upon a major changes in its workflow. Stage 3: Learn lessons. To learn more about how Qmarkets can help you create employee engagement in your company, contact us. When this is executed properly, the results can be formidable.

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Business Model Innovation is not a one-way road, but a crossroad.

The BMI Lab Blog

When we read or hear about the most innovative businesses in the world, most of them are from the fields of IT, telecommunications or automotive. In the following video we can watch an introduction to Verily´s smart ocular device, together with an analysis of its business possibilities. And this is an interesting lesson to learn.

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The Innovation Stack

The Inovo Group

Learn: involves gathering and probing to reveal relevant information. For example, as an innovator and their team learn, they are simultaneously synthesizing (forming models) creating (developing new concepts) socializing (discussing with peers/execs etc.) and doing additional learning (probing and gathering) and making decisions.