Thu.Jun 27, 2019

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What Happens When You Neglect Innovation

Econic

It was a seemingly unstoppable merger. Two of American’s most trusted, most well-known, and most well-liked brands were merging together – Kraft and Heinz. Add to that the fact that Warren Buffett’s company, Berkshire Hathaway, was the one brokering the deal, and it seemed to be a match made in heaven. Like all of Berkshire Hathaway’s companies, the goal for Kraft Heinz was not to disrupt the market or to be big and bold; the goal was simply “don’t lose the investors money.”.

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6 Building Blocks for Innovation Department Success

IdeaScale

Nearly 80 percent of executives surveyed by The Boston Consulting Group’s tenth global survey on innovation considered innovation to be either the most important priority at their company or in the top three. Employees, however, can be more skeptical. They’re already overloaded and adding “innovate” to their task load may not get a good reaction. However, there are ways to cultivate innovation success, and creating an innovation department is one of them.

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Innovation Attitude = Innovation Success

Phil McKinney

I find it interesting that we usually get from other people exactly what we expect of them. If we are looking for friendship, we will likely receive it. If our attitude is that of indifference, we will get indifference. And if we are looking for a fight, we will in all likelihood find ourselves in […].

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How to Avoid Disruption with SODA

BrainZooming

A friend shared an online Harvard Business Review article by George Stalk, Jr. and Sam Stewart about how Av oiding Disruption Requires Rapid Decision Making. They advance a model explaining superior fighter pilot performance as a recommended way for how to avoid disruption in your markets. How to Avoid Disruption with SODA. The model’s acronym is easy enough to remember: SODA , representing Scan–Orient–Decide–Act.

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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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30 Successful Entrepreneurs Reveal the Books That Changed Their Lives

Entrepreneur - Innovation

These founders tell us about the books that influenced their way of thinking about life and work.

Change 111
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Are other peoples’ fears the cause of your frustration?

Innovation Excellence

I was working with a pharmaceutical distribution business that needed to innovate, and fast. Drugs were coming off-patent, and industry forces were going to change who made money and how. The MD was worried. He was also frustrated that his senior managers, who he described as excellent operations people, were failing to come up with.

More Trending

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If You Want to Change the World …

Innovation Excellence

You Need To Start With Small Groups, Loosely Connected But United By A Shared Purpose In 1847, a young doctor named Ignaz Semmelweis had a major breakthrough. Working in a maternity ward, he discovered that a regime of hand washing could dramatically lower the incidence of childbed fever. Unfortunately, the medical establishment rejected his ideas.

Change 71
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Is your Firm Prepared to Collaborate?

IdeaSpies

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#1,525 – OverDrive

Greatest. Idea. Ever.

Algorithms already recommend shows for us to watch on Netflix, songs for us to listen to on Spotify, and products for us to buy on Amazon but when it comes to reading good old fashioned books we are often on our own. Sure, Amazon does make recommendations but those are just surface level recommendations. Customers who bought this book also bought this book.

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Remember The Name: How To Leave A Lasting Impression On Prospective Clients

The Human Factor

image source. Contributed post –. Attracting new clients is one of the most crucial aspects of running a successful business. Even if you already have a loyal client base, it’s highly likely that you’ll be looking to add new customers along the way. When you have leads in the pipeline, leaving a lasting impression is critical, so how do you go about doing this?

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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 Six Mindsets Behind Creative Thinking

Michael Roberto

Bryan Collins has written an article for Forbes about the core ideas in my book, Unlocking Creativity. He has some terrific new examples of his own regarding the mindsets that inhibit creativity in many organizations. You also can listen to my appearance on Bryan's podcast through this link. Hope you find the article and podcast interesting and thought-provoking!

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What Can Your Computer Be Used For?

The Human Factor

image source. Contributed post –. It hasn’t taken very long for computers to just about take over the world. There are billions of people across the globe, and a huge portion of them have access to these machines, whether this is at home, at work, or in a public space, like a library or cafe. Despite their ubiquity, though, most people don’t realise quite how much they can use these machines for.

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John Oliver on Climbing Everest

Michael Roberto

One of our Bryant University alumnae, Lauren Reichert, brought this hilarious video to my attention this week. In this clip, John Oliver offers a very humorous take on the wave of people trying to summit Mount Everest in recent years. Given my research on the reasons why teams get in trouble on the mountain, I thought it would be interesting to many readers of the blog.

Video 20
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Simple Ways to Reduce your Business Expenses

The Human Factor

contributed post –. Running a business can be expensive. At times you may even find that you have more money going out than you have coming in, and if this continues to happen then it could have a detrimental impact on your success. Luckily, there are a few ways that you can lower your overall expense without compromising your company. Used Gear. There is nothing more satisfying than buying something brand new and right out of the factory.

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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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What Happens When You Neglect Innovation

Econic

It was a seemingly unstoppable merger. Two of American’s most trusted, most well-known, and most well-liked brands were merging together – Kraft and Heinz. Add to that the fact that Berkshire Hathaway was the one brokering the deal and it seemed to be a match made in heaven. Like all of Berkshire Hathaway's companies, the goal for Kraft Heinz was not to disrupt the market or to be big and bold; the goal was simply “don’t lose the investors money.

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Why it’s better to lease restaurant equipment instead of buying them

The Human Factor

image source. Contributed post –. Running a restaurant business can be very costly, especially if you’re still starting up, with just a small budget to spend on items like kitchen equipment. These are very costly, especially if you’re getting industrial-grade ones that won’t break even with heavy usage. Fortunately, there’s an option for you to avail of these items instead of settling with cheaper, more fragile ones.