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Big Data in Open Innovation

Yet2

Using Big Data in our own scouting activities has been an investment we’ve been making over the few years. To help make this intangible concept feel a little more real, below we share just 3 examples of how we at yet2 leverage Big Data in our scouting: Starting with unique, quality datasets: avoid “garbage in, garbage out.”

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How to Avoid Disruption with SODA

BrainZooming

Orient – Take advantage of your diverse leadership team to assess where your business is (or could be) potentially losing competitive advantage. Decide – Regularly asking and answering a set of strengths- and weaknesses-oriented questions to help identify important strategic drivers and priorities. We are really fantastic at __.

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Key Issues in Innovation Management – Revisited – Part 2

Tim Kastelle

It turns out more essential than ever for corporations to find ways how they can balance their innovation portfolio and to evaluate which structures, strategies and resources they have to put in place. Thus, organizations acknowledge their inertia and focus on their exploitative strengths, rather than on their explorative weaknesses.

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A Quick Guide to Data Estate Modernization with Azure Synapse Analytics

Acuvate

But how C-suites and business executives approached data in the past has taken a 360-degree turn. Traditionally, unstructured and scattered data sources led to incomplete data and increased costs due to poor decision-making. Data estate modernization is a tough row to hoe. Native Integrations. Cost-effectiveness.

Data 52
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Sorting through our Innovation Management Tools

Paul Hobcraft

They are positioning themselves on a mission to find the right remedy for designing future growth engines by wanting to fill that gap by creating a set of tools for business strategy, business design and innovation. Shared language : tools align teams around a visual concept, making complex ideas clearer with an image.

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The Importance and Benefits of Ensuring Data Quality

Acuvate

And if these decisions are driven by poor data practices, then it causes more harm than good. Case in point: 84% of CEOs have conveyed concern over the lack of trust in the quality of the data while making decisions. And these algorithms were powered by good data that were precise, consistent, relevant and valid.

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What Are Innovation Solutions?

eZassi

Innovation solutions can also be particular to the innovation industry, which is tasked with partnering with companies to create a culture of innovation and help develop meaningful innovations. New leadership is overseeing the development of innovation departments and working to make innovation a priority on par with other daily tasks.