IdeaScale
MAY 11, 2021
Overview: It can be difficult to evaluate ideas, especially when they’re new and untested, as criteria such as ROI or market size can be difficult to predict. Instead, you need to create a process with clear evaluation criteria customized to your needs and properly managed expectations. The Innovator’s Dilemma. Truly new, world-changing, radical ideas can seem outlandish when they’re first proposed or developed.
BMNT
MAY 11, 2021
these-5-principles-will-accelerate-innovation
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Jeffrey Phillips
MAY 11, 2021
I've been noodling lately about what new way of thinking or new perspective or approach we can bring to companies and organizations that may help break what I think is a current innovation gridlock. Today, a LOT of companies are talking about innovation (and digital transformation) and some are practicing what I'd like to call innovation theater - that is, doing some window dressing around innovation without actually committing to a real innovation program or deep change.
Idea to Value
MAY 11, 2021
Sometimes, innovation can have unintended, negative consequences. Even if what you aimed to improve was a total success by the criteria you measured. This is the danger of judging success only by a narrow set of specific criteria, and ignoring other changes which you did not anticipate. Let me give you an example. A few months ago, some university students asked me to help them assess their innovation idea for their degree.
Speaker: Kevin Kai Wong, President of Emergent Energy Solutions
In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets.
Tullio Siragusa
MAY 11, 2021
How to Become a Lifelong Learner. We humans are always learning. Ever since our brains develop enough, every single experience teaches us something new. Today, in this complicated world where everything is changing all the time, learning from your own life experiences might become a little redundant. To become lifelong learners, you don’t have to be a genius.
Kainexus
MAY 11, 2021
With all of the work going on to set up and run Covid-19 vaccination centers around the world, the principles of Lean process design are really helpful. But, as hard as we might try, no process is ever perfect, so having a culture of continuous improvement from the get-go is incredibly important. Many times, when you ask an employee to share an improvement idea, they might say, “I can’t think of anything.
Business Innovation Brief brings together the best content for business innovation and strategy professionals from the widest variety of industry thought leaders.
Entrepreneur - Innovation
MAY 11, 2021
Discover why it's especially important to change your business strategies when crisis strikes during this on-demand webinar with Burton Goldfield, President and CEO of TriNet.
Kainexus
MAY 11, 2021
DMAIC (Deh-May-Ick) tools are some of the most critical options in the continuous improvement toolbox. They are most closely associated with the Six Sigma methodology. Still, the DMAIC approach to problem-solving is also used by those who practice Lean manufacturing or don’t use a formal management structure. DMAIC is so widely used because the problem-solving framework takes teams from discovering root causes to long-term, stable standard work.
Rapid Innovation in digital time
MAY 11, 2021
The Heart is a corporate center for digital ventures, joining forces with leading multinationals to build enterprise startups - future suppliers, partners, distributors and disruptors- and unleashing value added services for big companies.
InnovationManagement
MAY 11, 2021
What if everyone in your organization came to work believing they could shape the destiny of your company? Learn more in this new post, and find out how it's possible with a 30-minute consult. The post The Three Horizons of Innovation Training appeared first on InnovationManagement.
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.
Cascade Strategy
MAY 11, 2021
For years your business was doing well, more than well, it was doing excellent. But now things have taken a turn for the worse and the worst thing is, you can’t find the root of the problem. The strategy you followed all these years that was serving you well, is now betraying you. How can you strategically respond to this unforeseen situation and come out on top of it?
Innovation Leader
MAY 11, 2021
Michael Gudas is the Director of Innovation Strategy & Operations for Liberty Mutual’s Global Risk Solutions Division. We spoke with Michael as part of our IL Member Spotlight series.
Sopheon
MAY 11, 2021
Firms are recognizing they can move faster if they start smaller and plan their transformation journey in an iterative series of stages. The post What is a “Minimum Viable Product” (MVP) Approach to Enterprise Innovation Transformation? appeared first on Sopheon.
Idea Champions
MAY 11, 2021
I know you have no time. YOU know you have no time. I know you're not gonna do anything you don't wanna do. YOU know you're not gonna do anything you don't wanna do. We both know you're not going to read this blog post. It's too long and you have more important things to do. What follows are 101 other reasons why you won't read this blog post. 1. You don't want to. 2.
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.
The Human Factor
MAY 11, 2021
Sometimes, providing customer service feels like a losing battle. No matter how many resources you dedicate to the task, you still wind up with unhappy clients on the other end of the line. . If you find yourself in this position, you’re not alone. It’s something that affects countless firms out there, including some of the biggest brands in the world. .
The Human Factor
MAY 11, 2021
When you run a business, you must be constantly looking for ways to improve, and customer service is an area that you cannot afford to look past. Good customer service is going to mean you have a higher chance of satisfying your customers, and thus improving your overall reputation as a brand, which plays a major role in your success. If you’re going to work on your customer service, you need to make sure you don’t overdo it either, as there is such a thing as trying too hard as a business.
The Human Factor
MAY 11, 2021
pexels. The year 2020 was incredibly tough for all types of businesses. Some companies were able to get themselves through hard times, while others are still struggling. If your business is experiencing financial difficulties, here are five options to focus on. 1. Review Your Budgeting . When your business is experiencing financial trouble, the first thing you need to do is review your budget.
The Human Factor
MAY 11, 2021
When you run your own business, making sure everything goes smoothly is one of your top priorities. It’s up to you to make sure everyone knows what they’re doing, and you’re moving in the right direction and at the right pace. Being a leader, you’re responsible for those working under you, and it’s your responsibility to ensure that everyone can work at their best.
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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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