Mon.Oct 05, 2020

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Preparing for recovery before it’s too late

Strategos

While COVID-19 is still impacting our society, the consequences for our economy are starting to become more visible. Not all companies will be able to survive, but history shows that those who come out winning started preparing for recovery earlier than their competitors. Other businesses started during times of crisis. Those who haven’t prepared may survive the downturn but find themselves overtaken by their competitors as recovery gets underway.

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Innovation needs the power of completing the 4th Industrial Revolution

Paul Hobcraft

We first need to recognize that there are twin forces at work, feeding off each other. We are facing greater disruption and an increasing innovation pace. These twin forces are constantly seeking out for combining, relentlessly adding the new shape to our future. We are caught up in a very revolutionary period. The prospect of new innovation potential will eventually work through into the world of Industry 4.0 as a major game-changer “.

Industry 289
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Digital validation: a crucial part of rapid testing in business design

Board of Innovation

Why you need to digitally validate the desirability and viability of your new product or service. (incl: a downloadable sample experimentation plan). The post Digital validation: a crucial part of rapid testing in business design appeared first on Board of Innovation.

Design 145
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How to Turn Unfortunate Circumstances Into Opportunities

Tullio Siragusa

How to Turn Unfortunate Circumstances Into Opportunities. This year has been tough on everyone around the world. People have suffered losses, both physical and financial. Many people have seen unfortunate circumstances in their lives with things spiraling out of their control. One might have been struck with an illness, or lost their jobs, or lost someone close to them.

How To 101
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Manufacturing Sustainability Surge: Your Guide to Data-Driven Energy Optimization & Decarbonization

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.

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The Hidden Culture Benefits of Crowdsourced Innovation

InnovationManagement

Crowdsourcing ideas has a number of different virtues: from improving the likelihood that you’ll source disruptive ideas to lowering the overall program costs of running an innovation program… but there are some other cultural benefits to a crowdsourced innovation program. The post The Hidden Culture Benefits of Crowdsourced Innovation appeared first on InnovationManagement.

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3 Lessons About Risk I Learned On The Battlefield That Saved Me As An Entrepreneur

BMNT

3-lessons-about-risk-i-learned-on-the-battlefield-that-saved-me-as-an-entrepreneur

Learning 129

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Stop Worrying About the Novelty of Your Ideas

Stephen Shapiro

Innovation does not need to be new or original. It just needs to be valuable… One of my favorite quotes comes from Mark Twain : “There is no such thing as a new idea. It is impossible. We simply take a lot of old ideas and put them into a sort of mental kaleidoscope. We give them a turn and they make new and curious combinations. We keep on turning and making new combinations indefinitely; but they are the same old pieces of colored glass that have been in use through all the ages.&

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How Do R&D Organizations Need to Adapt?

Innovation Leader

Technology and the necessary skills needed to succeed are changing faster than our traditional organizational models can keep up — especially in our R&D organizations.

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Who Do You Trust? The Expert, The Computer or Yourself?

helloFUTURE

Since we are hurtling rapidly towards a future where we will have the choices above, who will you pick? Imagine a time in a not too distant future. Let’s say that you have built up a sizeable nest egg of investments in several different areas – well balanced and making money. You have personally managed… The post Who Do You Trust? The Expert, The Computer or Yourself?

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No Scenario Planning Kill Organizations

Innovation 360 Group

The Swedish petroleum company, Preem, among others, is in trouble after canceling a new initiative that was never meant to be. . The post No Scenario Planning Kill Organizations appeared first on Innovation360.

Company 52
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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.

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The Multiplication Technique: A Simple Tool with Many Creative Surprises Inside

Innovation in Practice

Procter & Gamble was able to take an air freshener product that was lagging at 4th place in terms of market share – to 1st place, adding 20 points of market share in just four months. How did they do that? It’s a simple tool called the Multiplication Technique. What is the Multiplication Technique? Multiplication is a technique where you take a component of the system, create a copy of it, and then change that copy in some counterintuitive way.

Tools 52
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The wrong way for the petroleum companies

Innovation 360 Group

The Swedish petroleum company, Preem, among others, is in trouble after canceling a new initiative that was never meant to be. .

Company 52
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Others' Failures Are Valuable Learning Opportunities

Michael Roberto

Source: Flickr Let's face it: we often are pretty bad at learning from our own failures. We make excuses, blame uncontrollabe external causes, and argue that we simply have to "move on" and not dwell on the past. What about learning from others' failures? Can we improve by examining others' mistakes carefully and systematically? Bledow, Carette, Kuhnel, and Bister conducted an experimental study several years ago on this subject.

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Why get as a certified innovation consultant?

Innovation 360 Group

The post Why get as a certified innovation consultant? appeared first on Innovation360.

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How Retailers Are Transforming Customer Experiences with Data & AI

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.

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Examples of Data Science projects to help you leverage results

mjvinnovation

Regardless of industry or size, organizations that want to remain competitive in the era of Big Data need to develop and efficiently implement Data Science capabilities – or risk being left behind. Do you know what Data Science is? In this article, we’ll talk a little bit about the concept and show you some examples of Data Science projects that helped leverage business results.

Data 52
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Selling to Retailers is Never About You

Brunner

For over 12 years, I helped sales teams from the strongest challenger brands to the world’s most recognizable brand names sell their products to retailers of all sizes. After sitting through hundreds of B2B sales presentations, the number one piece of advice that I can offer is that it is never about your brand. Far too often, I watched as the salesperson fired up their well-designed presentation and then spent the next 20 minutes solely focused on demonstrating their brand’s success, influence

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