ITONICS
JULY 26, 2019
One of the challenges that companies face is understanding how to manage their innovation resources. Should they go after the disruptive and risky idea? Or concentrate more on incremental innovation, improving their current products that already have generated customer interest? Or maybe entering new markets with existing products? Many organizations have adopted the 70:20:10 model to drive innovation.
Jeffrey Phillips
JULY 26, 2019
I've read yet another good and insightful piece on success in digital transformation, which relies on an unfortunate metaphor - one about "breaking the rules". I've been around consulting just long enough to have "broken the rules" in the business process re-engineering wave, the ERP wave, the CRM wave, the Six Sigma wave, the innovation wave and now the digital transformation wave.
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Idea Champions
JULY 26, 2019
There's a lot of talk these days about the need for business people to "get out of the box", but very little talk about what the box actually is. Here's Mitch Ditkoff, President of Idea Champions, deconstructing the box in a 5-minute video. One way to get out of the box. Another way.
Idea to Value
JULY 26, 2019
Artist Jeremy Mayer creates unbelievable sculptures using only parts from old typewriters. Using these, he creates fantastic models of people, birds, insects and other animals. In the video above, he describes his creative process, which is heavily based on constraints. I have written previously about the creative power of constraints. It is due to the fact that our brains are actually not very effective at thinking of new ideas without any seed to build from.
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.
Innovation Excellence
JULY 26, 2019
Consumerization of sick care is on everyone’s lips. I think patient consumerism, i.e. the belief that if given the right information, patient-consumers will make smart sick care choices based on value , is a myth. However, since the holy grail is changing doctor and patient behavior to move sick care to healthcare, we should learn from.
Beyond the Obvious
JULY 26, 2019
Odds are that you and your competitors are actually competing in two distinct ways. The obvious battle is the one to win customers from each other. The less obvious, but equally important, one is the battle for the resources required to produce your product. We touched on the concept of unexpected jolts, and how the […].
Business Innovation Brief brings together the best content for business innovation and strategy professionals from the widest variety of industry thought leaders.
Acuvate
JULY 26, 2019
Introduction. Data governance is the foundation for managing data efficiently and making the organization’s data reliable and trustworthy. The tenets of data governance are to establish methods, layout clear responsibilities and develop robust processes to standardize, protect and store data. The aim of data governance is to: Minimize risks of data inconsistency and breach.
mjvinnovation
JULY 26, 2019
In order to meet new demands and be updated in a competitive market, companies are increasingly investing in digital solutions, with mobile devices, Internet of Things, Telemetry, among others. The new consumer places high expectations on the products offered by insurers, which demands a combination of speed, transparency, convenience and technology.
BPI Thought Leadership Commentary
JULY 26, 2019
The technological evolution of business as a whole in 2019 has embraced a variety of technological features that are normally not associated with fields like eCommerce, Marketing and Sales, confirming how quick technological development has become. Startups in technology have recently surpassed many enterprises to the point in which it has become easier for companies like Apple and Amazon to as.
Greatest. Idea. Ever.
JULY 26, 2019
I would love to travel the world but I’m a little hesitant to visit certain places due to the language barriers that exist. A portable universal translator built into our phones or affixed to wireless ear buds would help with that. But that wouldn’t solve all of our foreign language needs. By and large we’d still be limited in what we can learn, what content we can consume, and with whom we can communicate.
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.
The Human Factor
JULY 26, 2019
image source. Contributed post –. One of the hardest things to do as a business owner is ensuring your finances are always in check. Whether this means always having money in the account or making a profit each and every month, you need to ensure that you’re making enough money to run your business efficiently. Although you may seem difficult when you’re just getting started, there are lots of tips and tricks you can beat in mind to help ensure your business doesn’t end up in the red.
Michael Roberto
JULY 26, 2019
Source: Flickr I've written extensively about the sunk cost problem. We have a hard time letting bygones be bygones in business and in life. Worse than that, we throw good money and effort after bad. Psychologists call this phenomenon the escalation of commitment. We would like to believe that we are not vulnerable to this decision-making trap, but most of us will encounter it no matter our intelligence, experience, or expertise.
The Human Factor
JULY 26, 2019
image source. Contributed post –. Health and safety are two factors your business has to take seriously in 2019. Nowadays, strict government legislation means you might find yourself in trouble if you don’t adhere to the rules. And, it’s not as if employees aren’t entitled anymore. Worker lawsuits are at an all-time high, which means they will testify.
CMOE
JULY 26, 2019
A leadership-development plan is a detailed blueprint of the professional development and learning activities you’re going to engage in during a certain period of time. Its goal is to improve your leadership abilities. It’s important that your leadership-development plan be well-written, which can take effort, structured thinking, and collaboration.
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
JULY 26, 2019
Contributed post –. Marketing is essentially the process of getting your business noticed and using bespoke strategies to attract customers, surpass your competition and remain relevant in your sector. Marketing has been a tool that has been used within business for centuries. Starting off within print media before moving to the radio and television in the 1970s up until today where online marketing is the current vehicle of choice, the way you market your brand will dictate the success of your
The Human Factor
JULY 26, 2019
image source. Contributed post –. In life, we don’t always realize that we get to grow. It’s easy to just feel stuck or still. Or that you’ve not achieve your goals and never will. But that’s just like a vicious cycle that isn’t ever fun for you to be on. Maybe it’s learned behaviour from your family? Maybe it’s learned behaviour from your childhood or environment.
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