Tue.Feb 20, 2018

article thumbnail

Mindfulness and Innovation

IdeaScale

The start of a new year is so motivating. A fresh start, a new leaf – we usually enter a year with a lot of good intentions and plans to make positive changes in our lives. I know it can be tricky to stick to your resolutions, but I like making these promises to myself. This year I decided to integrate mindfulness into my life. The basic concept is simple: pay more attention to the little things in life, focus on what’s important and set aside time to be good to yourself.

Exercises 154
article thumbnail

Offering a Real Clarity to Their Innovating Future: Munich RE

HYPE Innovation

The most impressive presentation I reviewed in 2017 was the one from Munich Re, held on 21st November 2017 on their investor day. This, for me, was so well structured and offered such a high level of clarity on the pathway they are pursuing, combining innovation and digital, with the outcomes emerging, of building a new suite of Business Models. I can only touch on it here and suggest, you do your own drawing of conclusions.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Six factors that lead to greater innovation success

Jeffrey Phillips

I've been thinking a lot about why innovation fails. Not about why supposedly innovative new products fail, because there are multiple reasons for the failure of a new product. It could be too early or too late in the market window, or it could simply have the wrong pricing or distribution. A new product may lack key features or components, or like some successful products take years to build an audience.

article thumbnail

Game On! Turn Your Product Into An Experience – Business Model Inspiration #5

whataventure

Research shows that serial entrepreneurs develop business models more successfully than others by building on proven strategies. Innovate like a serial entrepreneur! Enjoy the following business model strategy to boost your creativity. Find more on our Innovation Platform. Business Model Inspiration #5: Game On! Turn Your Product Into An Experience.

article thumbnail

Peak Performance: Continuous Testing & Evaluation of LLM-Based Applications

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.

article thumbnail

Innovation Sighting: Task Unification in Cars That Advertise

Innovation in Practice

Imagine pulling out of the driveway for your regular jaunt to the grocery store. While turning the corner to exit your neighborhood the car console screen lights up with an ad for the latest laundry detergent. Perhaps the concept seems foreign, but software companies, such as Telenav Inc., are in the process of developing strategies to maximize wireless capabilities in vehicles for advertising purposes.

article thumbnail

Business Development Strategy – Can Your Brand Grant Prospects’ Desperate Prayers?

BrainZooming

I’m involved with a new outreach effort at church. Our objective is connecting with people that have left the Catholic Church or those that have expressed an interest in joining. Another thing our pastor asked us to implement is going door-to-door throughout the parish boundaries to reach out to everyone in the area. I know I speak for myself and the other committee members: none of us were very excited about engaging in door-to-door ministry.

More Trending

article thumbnail

Exploring Adjacency in Innovation & Technology Scouting

Yet2

Scott Simpson Cohen, co-founder of Innovation Leader recently wrote about challenges in scouting for technology and emerging trends , based on his organization’s new research, “ Best Practices: Scouting Trends & Emerging Tech.” One of the issues Cohen cites is “identifying the right areas to scout” and that “what’s holding large corporations back … is that they don’t know where to look – many only hunt near their headquarters, or at their annual trade show.”.

article thumbnail

Double Your Creativity with ONE Simple Step

Innovation Excellence

“If I had an hour to solve a problem and my life depended on the solution, I would spend the first fifty-five minutes determining the proper question to ask, for once I know the proper question, I could solve the problem in less than five minutes.” — Albert Einstein You would think by publishing a.

article thumbnail

Understand Trends, Identify Strategic Fields of Innovation and Create something entirely New

ITONICS

By Carolin Durst, Michael Durst, and Matthias Saffer. Change is the new normal. Evolving markets, new demands, standards, and values, as well as ever shorter product life cycles, require a high level of adaptability on the part of the companies. Companies who can quickly identify changes and even weak signals in their environment and react to them before the competition does will gain a decisive competitive edge (Pillkahn, 2007).

Trends 48
article thumbnail

Innovation by the numbers, the secret source in UAE

Innovation 360 Group

The United Arab Emirates (UAE) Vision 2021 is one of the most ambitious innovation visions on the planet, aiming for sustainability, health, education, renewable energy and a knowledge-based economy. All elements calling for the best of the best within innovation management. We are honored and proud to hand over the innovation report and InnovationIQ Score to his Excellence Dr.

article thumbnail

How Mature Companies Are Scaling Transformational New Businesses

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

article thumbnail

Henry Chesbrough on Open Innovation

Innovation Leader

Open innovation guru Henry Chesbrough discusses how open innovation is being practiced at companies like Intel, Eli Lilly, Bayer, and United HealthCare.

article thumbnail

You're Right!

Idea Champions

There is a scene from Fiddler on the Roof that has taught me more about life than most holy books I've read. In it, two men are heatedly arguing over the age of a horse. When they see Tevye, the town milkman/sage, walking by, they begin passionately pleading their case. "Tevye!" blurts the first, "I've been cheated! Last month a bought a horse from this sorry excuse for a man.

article thumbnail

Walmart and Amazon Race to Build Retail’s Future

Innovation Leader

Don’t buy into the narrative that these two companies are gladiators battling to the death. Here’s what’s really happening.

Company 42
article thumbnail

Inside the box

Innovation Fixer

image:

40
article thumbnail

How Automation is Driving Efficiency Through the Last Mile of Reporting

Speaker: Jamie Eagan

As organizations strive for agility and efficiency, it's imperative for finance leaders to embrace innovative technologies and redefine traditional processes. Join us as we explore the pivotal role of digitalization and automation in reshaping what is commonly referred to as the “last mile of reporting”. We’ll deep-dive into why digitalization is no longer a choice, but a necessity for finance departments to stay competitive in a fast-paced environment touching on: 2024 trends for the Office of

article thumbnail

Walmart’s Major Digital Acquisitions

Innovation Leader

A list of acquisitions made by Walmart from 2011 to the present, including Jet.com, ModCloth, and Bonobos.

40
article thumbnail

Stop the Reorganizations!

Michael Roberto

Many chief executives initiate a substantial reorganization during the early stages of their tenure. for some companies, reorganiations become a seemingly annual event. No one has any idea what the updated organization chart looks like, because it is changing so often. Does all this reorganization add value? Probably not. One recent McKinsey and Company study concluded that only 16% of restructurings could be characterized as an “unqualified success.

Report 20
article thumbnail

Case Study: How to Build a Digital User Experience Monitoring System

Boxes and Arrows

Most software user experience and product management teams have similar questions: How do users feel about our products? How is our product experience changing over time? How do users feel about a recent change we’ve made in the product? Our user experience (UX) and product teams are no different, so we set up a system that provides an ongoing stream of data that answers these questions and does much more.

article thumbnail

5 Traits That Separate the Best Sales Managers

Rmukesh Gupta

Premise: As the profession of sales evolves, new younger employees are welcomed in the sales force, the sales managers need to evolve with the change as well. Here are some skills that set certain sales managers apart from all others. Skills that separate the best sales managers from others: 1. Tech savvy: With more and more millennials entering the sales force, they bring with them the expectation of leveraging technology in everything that they want to do.

article thumbnail

Implementing Intelligent Document Processing Solutions: Why It Works

See how companies like yours are tackling some of today’s most common business problems using AI-assisted automation for document processing. Manually capturing, extracting, and processing data within documents is a costly and outdated practice that’s holding your company back. IDP takes document processing to a whole new level so you can understand and use your data more effectively than ever before.

article thumbnail

5 Traits That Separate the Best Sales Managers

Rmukesh Gupta

Premise: As the profession of sales evolves, new younger employees are welcomed in the sales force, the sales managers need to evolve with the change as well. Here are some skills that set certain sales managers apart from all others. Skills that separate the best sales managers from others: 1. Tech savvy: With more and more millennials entering the sales force, they bring with them the expectation of leveraging technology in everything that they want to do.