article thumbnail

Viable intermediary

Idea to Value

The company might not consider this risk to be viable, and therefore the innovation is stalled due to the sunk costs of the previous business. There are also many examples of innovations which get stuck in the innovation valley of death , where they are proven from a technical level, but have not yet been accepted by the market.

article thumbnail

Top RPA Use Cases In Different Industries

Acuvate

Here’s a breakdown of the Top RPA Use Cases across industries that you should be aware of: Banking. RPA has enabled banks and financial institutions to improve compliance, work timelines, accuracy, quality of processes and efficiency of back-end operations besides saving time. This huge jump in processing time was made possible by RPA.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Innovation websites, profiles, & podcasts to follow in

Board of Innovation

Here are the business blogs, news sites, social profiles, & podcasts our consultants are into this year. So to save you time and give shoutouts to some of our favorite innovators, we’ve compiled a list of our consultants’ go-to content platforms. Check it out Bizarro Devs Weird and wonderful tech news, anyone? We hear you.

article thumbnail

The Revolution is Here: Generative AI and Project Management

Planview

But in the wake of generative AI technology, we’re on the brink of a transformative change in how projects are managed. This post details a sampling of the technology transforming project management today and its advantages. In its conventional sense, project management has been marked by rigorous methods and stringent controls.

article thumbnail

Innovation Budget Planning: 8 Things to Consider

eZassi

Having a great R&D process and achieving market success with the technologies we invent are two different things.” Think about leveraging partnerships, acquisitions and scouting technology to determine if you can compress your R&D efforts by joining forces with the outside world. A five-year plan may no longer hold true.

article thumbnail

L.I.V.E. (Lean Innovation, Validation & Execution): A new, more effective way to manage multiple innovation projects

Idea to Value

If you want to talk with Nick Skillicorn (founder of Improvides Innovation Consulting and creator of the L.I.V.E. This is why management is usually more comfortable selecting “safer” projects, and innovation projects are likely to be seen as more risky due to the fact they cannot show how they have worked elsewhere.

Project 241
article thumbnail

Unleashing Innovation: Mastering AI-Driven Design Thinking Strategies

Leapfrogging

Managers, executives, and consultants involved in product development and business strategy can leverage ai tools for design thinking to enhance their creative processes. By analyzing customer interaction data, AI provides insights into user behavior, leading to more personalized and efficient banking services.